I am reminded of the times during the Roman empire, when the farmers abandoned their fields and instead went to the city for circus, gladiator battles and bread. Fuck it, they thought.
I am an educated individual who has always had an interest in the stock market. I researched my first stock at age 12, a helium company. I loved the concept of investing in companies that provide goods that people need like oil, gas, helium, agriculture, copper and things like that.
After getting a bachelor's I'm geoscience (I wanted to work in oil), life threw me a couple of curveballs and I pursued other things and forgot about my love of investing and natural resources.
About five years ago I got back into the finance world. I am currently pursuing my masters of finance and rocked a bunch of classes at the local university. I became a member of the business club and got close with several professors.
My point is that I am educated in finance, I am intelligent, and I am qualified to make the following statements and observations. I am not a financial advisor though, so do your own research and none of this is financial advice.
Apparently gamestop has caught on again and is exploding on the stock market going up 300% in the past couple of days. This is based on nothing. Literally because the original account "deep fucking value" made a twitter post.
This market is absurd. It is based on nothing. I have several companies in my portfolio, good companies, who produce goods that people need, like oil, gas, copper, aluminum etc. And they have gone fucking nowhere in four years despite their underlying commodity prices going higher and higher.
Gold for example has gone up 30% in the last five years and yet the mining stocks, which are making money hand over fist are in the toilet. Normally, when an underlying commodity (like oil) goes up, the producers of that commodity (oil producers) will go up 3-5x that in response. They have gone fucking nowhere.
I have companies printing money, doing share buybacks and dividends, sitting at price to earnings ratios of FOUR meanwhile gamestop is sitting at ONE THOUSAND TIMES price to earnings.
Then you have crypto which is fucking insane in itself. It's based on nothing. It's literally nothing. People buy it so they can acquire more fiat, they don't give a fuck about the asset and you have stuff like pancake coin or sushi coin going up 3000%.
This market is fake. It's rigged. It's a complete scam. It's gotten to the point where the more bullshit and fake something is, the more money it makes. Meanwhile the more real something is, the less money it makes.
You already know, but you don't know the extent. We live in clownworld. Absolute backwards clown world. The tribe of the antichrist has twisted and perverted every fucking thing on this planet. The source of their power is their money printing. It doesn't matter if companies make money anymore. Used to be, when a company made bad decisions, like putting trannies in warhammer, they lost money in response. Now it doesn't fucking matter... they can have green haired trannies and home butt sex and if they lose money then whatever! Blackrock will buy them out because they own everything.
There are bad economic times coming. You all know this but you don't know the extent. You should be doing everything you can to prepare. Even if all you can do is stock a little food each month or buy a little silver or ammo, do everything you can.
This is fucking ridiculous. The stock market is the symptom, the jews and the money printing is the cause. I could go on and on about the financial markets but for brevity I will stop.
I'll just say that the market is dominated by these faggot tech companies that don't produce anything (like tesla) and yet their stock prices are sky high and Meanwhile good companies that actually produce shit that people need barely scrape by.
I refuse to invest in jew shit. I will hold my oil producers and silver miners and agriculture providers and when this satanic system collapses I will make exponential profits in the correction. Problem is though what world will we be living in? Gas will be 20 dollars a gallon. A loaf of bread will be thirty. Gold will be 10,000 an ounce and it could even be worse than that.
Fuck these markets, fuck this government they have betrayed us, fuck these jews that control everything, fuck these mindless normie sheep that don't even know where milk comes from. Fuck these stupid ass people.
[ + ] big_fat_dangus
[ - ] big_fat_dangus -1 points 12 monthsMay 14, 2024 17:31:05 ago (+0/-1)
[ + ] HeyJames
[ - ] HeyJames 1 point 12 monthsMay 14, 2024 18:00:42 ago (+1/-0)
[ + ] big_fat_dangus
[ - ] big_fat_dangus -1 points 12 monthsMay 14, 2024 18:03:16 ago (+0/-1)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 14, 2024 17:35:28 ago (+0/-0)
[ + ] shitface9000
[ - ] shitface9000 1 point 12 monthsMay 14, 2024 18:49:28 ago (+1/-0)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:27:20 ago (+0/-0)
[ + ] NeedleStack
[ - ] NeedleStack 0 points 12 monthsMay 14, 2024 21:53:45 ago (+0/-0)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:27:43 ago (+0/-0)
[ + ] big_fat_dangus
[ - ] big_fat_dangus -1 points 12 monthsMay 14, 2024 17:38:04 ago (+0/-1)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 14, 2024 20:09:11 ago (+0/-0)
[ + ] big_fat_dangus
[ - ] big_fat_dangus -1 points 12 monthsMay 14, 2024 20:15:16 ago (+0/-1)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:28:49 ago (+0/-0)
[ + ] big_fat_dangus
[ - ] big_fat_dangus 0 points 12 monthsMay 15, 2024 16:33:10 ago (+0/-0)
[ + ] HeyJames
[ - ] HeyJames 4 points 12 monthsMay 14, 2024 17:59:16 ago (+4/-0)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:20:09 ago (+0/-0)
[ + ] Niggly_Puff
[ - ] Niggly_Puff 1 point 12 monthsMay 14, 2024 18:12:08 ago (+1/-0)
This. This right here.
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 1 point 12 monthsMay 14, 2024 20:11:17 ago (+1/-0)
[ + ] jerkofalltrades
[ - ] jerkofalltrades 1 point 12 monthsMay 15, 2024 04:20:28 ago (+1/-0)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:21:17 ago (+0/-0)
[ + ] Hugh
[ - ] Hugh 0 points 12 monthsMay 14, 2024 18:55:54 ago (+0/-0)
I like your thinking on the market. I appreciate any other advice you can share w us.
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 1 point 12 monthsMay 14, 2024 20:08:26 ago (+1/-0)
I like I am gold. Newmont. Athabasca oil company. Baytex. ExxonMobil mobile. Petrobras. Encore energy (domestic uranium producer my favorite stock).
But seriously if you just buy physical silver and hold onto it for a few years you will make more money than you ever will in the stock market. It's so undervalued.
[ + ] CasualObserver
[ - ] CasualObserver 0 points 12 monthsMay 15, 2024 16:37:15 ago (+0/-0)
How quaint.
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 14, 2024 20:10:42 ago (+0/-0)
Those are all commodity producer etfs. Just put money in those and you'll do great. Do your own research. I am not a financial advisor.
[ + ] Localuser
[ - ] Localuser 1 point 12 monthsMay 14, 2024 19:58:45 ago (+1/-0)
[ + ] beece
[ - ] beece 0 points 12 monthsMay 14, 2024 20:14:51 ago (+0/-0)
Quote: "There are bad economic times coming. You all know this but you don't know the extent. You should be doing everything you can to prepare. Even if all you can do is stock a little food each month or buy a little silver or ammo, do everything you can."
Concur. As far as Tesla, if you had the forsight to buy it at $17 a share, before it split and split again, you'd be sitting on a bundle. Now is the time to get out. It's about hopes, dream, and a lot of other things. If you'd bought amazon at $10 a share, same. I belive every us citizen should both learn and own firearms. Stockpile shitloads of bullets and mags too. And have water, food and all the other necessary emergency supplies stocked as well. Furthermore, having a small portion of your $cratch in gold and silver is a good thing. But don't expect it to go to the moon.
Recalibrate.
[ + ] Stonkmar
[ - ] Stonkmar 0 points 12 monthsMay 15, 2024 14:02:59 ago (+0/-0)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:26:51 ago (+0/-0)
Jm bullion.
Get as many ounces as you can for as cheap as you can. An ounce is an ounce. It is worth far more than what you pay for it. In Venezuela an ounce of silver will buy you a month's worth of food.
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:25:57 ago (+0/-0)
[ + ] MaryXmas
[ - ] MaryXmas 1 point 12 monthsMay 14, 2024 20:35:34 ago (+1/-0)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:20:48 ago (+0/-0)
[ + ] MaryXmas
[ - ] MaryXmas 0 points 12 monthsMay 16, 2024 21:58:22 ago (+0/-0)
[ + ] MaryXmas
[ - ] MaryXmas 0 points 12 monthsMay 16, 2024 21:59:32 ago (+0/-0)
[ + ] RabbiKinderschtupper
[ - ] RabbiKinderschtupper 0 points 12 monthsMay 14, 2024 21:35:56 ago (+0/-0)
The company has lost money every quarter for at least five years. It went through a 10:1 reverse split, so the stock is essentially 70ish cents right now, down from what would be 720 accounting for the reverse split, and these people are STILL squawking about short squeezes and $500k shares after three years.
I don't even understand.
[ + ] Crackinjokes
[ - ] Crackinjokes -1 points 12 monthsMay 15, 2024 12:39:42 ago (+0/-1)
https://x.com/Cancelcloco/status/1790524969623175629
[ + ] CasualObserver
[ - ] CasualObserver 0 points 12 monthsMay 14, 2024 22:20:18 ago (+0/-0)
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 1 point 12 monthsMay 15, 2024 16:24:47 ago (+1/-0)
[ + ] Deleted
[ - ] deleted 0 points 12 monthsMay 15, 2024 00:12:23 ago (+0/-0)*
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 1 point 12 monthsMay 15, 2024 16:24:30 ago (+1/-0)
[ + ] Crackinjokes
[ - ] Crackinjokes 0 points 12 monthsMay 15, 2024 05:43:38 ago (+0/-0)
You have no idea what you are talking about with gamestop. GameStop is one of the most sure things in investing because of the outstanding shorts on the stock and you clearly don't know what's going on there. Large huge funds shorted the stock in amounts that were larger than the available stock to be purchased. What this means is if the stock goes up those people buy contract are forced to buy that stock at whatever price it rises to no matter of their profitability. People who knew that and saw that were very smart and bought game stock stock knowing the shorts had to buy them or go bankrupt. And the shorts have been rolled over and rolled over and disguised and resold but the reckoning is coming due and we're talking about billions of dollars of hedge funds that are stuck in these shorts that they cannot clear off their books. People are buying GameStop stock because they know the price will be forced to Infinity because these shorts must purchase it regardless of the price via contract and also because they simply want to bankrupt some of these large hedge fund stock manipulators that have been doing crap like this for decades.
As for crypto and you thinking it's based off nothing you have no idea what you're talking about. Crypto is based on an independent way to keep a reckoning of the storage of your wealth and a fundamental digital monetary although it's not money unit that is designed to be increasingly scarce which even the most basic economic understanding should tell you that with increasing scarcity and increasing demand will cause its value in relation to other things like fiat currency to go up.
Crypto gives you the ability to store your wealth in a way that you can self manage at no cost with no account with any bank or anybody else that can seize your funds without warning. It's also completely independent of management of any company or profit by any individual. It is valuable based on its design completely rather than the performance of any humans or product.
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:23:59 ago (+0/-0)
The gamestop thing, yes the fundamentals are there but it doesn't matter if the government can turn it off at the flick of a switch and bail out the hedge funds.
I say this and I'm currently holding gamestop stock.
[ + ] Crackinjokes
[ - ] Crackinjokes 0 points 12 monthsMay 15, 2024 12:38:32 ago (+0/-0)
Get ready for a master's degree.
https://x.com/Cancelcloco/status/1790524969623175629
[ + ] Redwolf1488
[ - ] Redwolf1488 [op] 0 points 12 monthsMay 15, 2024 16:22:36 ago (+0/-0)
[ + ] lilsysie
[ - ] lilsysie 0 points 12 monthsMay 16, 2024 10:19:31 ago (+0/-0)
The entire show is fake, and gay.
[ + ] 2plus2equals5
[ - ] 2plus2equals5 0 points 12 monthsMay 16, 2024 12:12:12 ago (+0/-0)
That money has to go somewhere for investment. Now I know why BitCoin was not quashed when it began. The Real Estate market in blue cities are already clogged with Chinese and Indian money fleeing their countries. BRICS is blocking foreign investment to a great degree after Biden started seizing mega-yachts and the gloves came off.
The stock market is a natural repository for the moment.
Don't forget collective groupthink stupidity and the last guy holding the bag.
What is sure is that when it all eventually filters back to the street level there will be mass inflation leading to another financial crisis. The poor and minorities will be affected first and crime will be rampant starting with the big cities. It will be a good time for alarm and home security installers or Vets in the bodyguard business. Cities will turn to over-taxation and there will be a rush to live in the countryside with the farmers. Local communities will harden and sure as shit that local Sherrrif is gonna pull you over for the tail light not broken yet. Gates has an abundance of farmland and Zukerberg has safehouses in Florida and Hawaii. There is a vast underground network of escape rail tunnels under Washington D.C. The elite have already planned for this.
'Spending our way out of debt' only works when there is universal gold (cough missing after 9/11) and thriving business to back up promissory lending. In 1930s Germany the amazing turnabout recovery was the people themselves. It was a homogeneous culture who were smart hardworking and collectively goal-oriented. It was a High-Trust society which is an absolute requirement. The opposite of the USA today.
Watch the movie "Money As Debt" for a basic understanding of the history of human's value exchange and how societies work through the down times.