Shares to watch
- Thread starter tan55555
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Wattie
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I’ve kept this quiet till now.........i’m launching my own personally branded crypto sh1tcoin to shamelessly cash in on the hype.
1Q 2021 GMO Quarterly Letter
The signs of speculative excess in the stock market today are obvious. Speculative booms provide entertainment and outsized profits while they are happening, but they do generally burst painfully.www.gmo.com
Well worth reading this.
The article starts by defining speculation as opposed to investment:
The premise of the article really is that speculative bubbles/frenzies occur because there's colossal growth in demand for speculative investments, e.g. when the US parachutes cash to a bunch of bored degenerates who've played too many computer games. This is also the premise behind the old JP Morgan story about "selling when the shoe shine boy is giving stock tips."
- Investment: The deployment of capital to performance an economic service for which a rational counterparty should be willing to pay.2
- Speculation: The deployment of capital to achieve an expected gain based on an investor’s prediction of how future prices will differ from the market’s expectations.
The article further suggests that speculative bubbles burst when the supply of whatever is the subject of the bubble (in this case equities, crypto - though the latter is not mentioned by name) catches up with the demand. And supply always catches up with demand because that's capitalism. We're probably better at it today than ever - again, for evidence I'd point to the sheer number of shitcoins being created on a daily basis.
Gonna call it “Baldcoin”.
It’s unique in the crypto world as it is the only alt coin that will guarantee that investors will never take a ‘haircut’ on their investment.
Think of this as a ‘no fringe’ benefit - Baldcoins USP.
It can’t possibly fail, they’ll be queuing up toupee me for it.
Last edited:
Wattie
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Not me, unfortunately most of the shares you tip are on exchanges not offered by my trading platform.
Pity.
Wattie
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US Ponzi scheme situation deteriorates.
www.zerohedge.com
Repo Crisis Looms: Fed's Reverse Repo Usage Soars To $351BN, Fifth Highest Ever | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Froddy
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Nah - buy, buy buy!
https://www.tradingview.com/x/6WfIEAlO/
https://www.tradingview.com/x/6WfIEAlO/
Wattie
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Yup, all fueled by money printing.....but what happens when it stops and fundamentals apply....
Froddy
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Here’s the monthly M2 money supply chart (printing?) - nothing to see here!
https://www.tradingview.com/x/KcvLvoFk/
https://www.tradingview.com/x/KcvLvoFk/
Wattie
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Yup.
kingworldnews.com
GOLD BULL: Rome Is Burning And The Fed Is Trapped - King World News
Well, this is certainly gold bullish...Rome is burning and the Fed is trapped.
kingworldnews.com
Froddy
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I’m long spot gold to c. $1,920 (target 1) and c. $2,000 (target 2) in the short-term.
After that, who knows?!
https://www.tradingview.com/x/o4DvsiPx/
After that, who knows?!
https://www.tradingview.com/x/o4DvsiPx/
Wattie
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To da moon Frodders!
Wattie
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Hilarious, you and me both.
Tell you what tho, I’d trust your input over any analyst, central bankers!
Keep it up, we can get less young together
Froddy
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Chaps,
Bitcoin (not to be confused with Wattie's Baldcoin) may be hinting at a gear shift here (from reverse to neutral) on the 4 hour chart:
www.tradingview.com
It may (or may not!) take time to reverse the momentum and conviction of the short-term trend - patience is key. Has price found support? Who knows!
Bitcoin (not to be confused with Wattie's Baldcoin) may be hinting at a gear shift here (from reverse to neutral) on the 4 hour chart:
Chart Image
www.tradingview.com
It may (or may not!) take time to reverse the momentum and conviction of the short-term trend - patience is key. Has price found support? Who knows!
Wattie
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Yup but those that bought at 60k probably cashed out.....huge losses.
Until the volatility and whale manipulation ends it’s never gonna be a reliable store of value......that’s its weekness and as we’ve seen recently government action threatens stability and price.
Sam McGoo
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And F'in Elon. How can one man has so much influence ?...
stindig
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Agree completely. And I think we’re starting to see a new polarisation. Retail customers, that used to make up all of Bitcoin, are buying alts instead. The whales and institutions are the Bitcoin holders now
stindig
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Michael Saylor brokers a meeting with Elon Musk over green Bitcoin mining:
How Much Will Bitcoin be Worth in 2025? 2030? - Today UK News
Bitcoin's predictable four-year cycles suggest its price could reach $108K-$219K per coin by October 2025, driven by increasing mining costs and growing institutional adoption. Beyond 2025, even more bullish projections emerge, like Cathie Wood's $1.5 million target by 2030.
www.google.co.uk
stindig
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I’m buying into Baldcoin big-time - and never parting with itI’ve kept this quiet till now.........i’m launching my own personally branded crypto sh1tcoin to shamelessly cash in on the hype.
View attachment 85800
Gonna call it “Baldcoin”.
It’s unique in the crypto world as it is the only alt coin that will guarantee that investors will never take a ‘haircut’ on their investment.
Think of this as a ‘no fringe’ benefit - Baldcoins USP.
It can’t possibly fail, they’ll be queuing up toupee me for it.
breezer
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Because when a thing has no intrinsic value, and is a pure speculation, there’s nothing to anchor a valuation to. So anything can influence what people will pay for it.