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Leverage, Margin, Cryptos Crashing

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    #21
    Musk will use multiple fairy tales to become the world first trillionaire.

    And the woke crowd will be the ones who enabled him and left holding the bag. Nobody is going to fcking mars in this century, we cant even get back to the fcking moon even after supposedly already doing that 10 times before back in the 60s and 70s.

    Serious EV penetration is 50 yrs away and next gen battery tech will not arrive before fusion does.

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      #22
      Tesla will be the next Enron, WorldCom and Lehman Bros combined. No wonder Musk sold at the top.


      Tesla shares fall into bear market territory after SEC reportedly opens probe into solar panel defects
      https://www.cnbc.com/2021/12/06/tesla-shares-slide-after-sec-reportedly-probes-solar-panel-defects.html

      Gezus people are dumb.

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        #23
        Originally posted by errolanderson View Post
        Way to much leverage, way too much inflationary hype (IMO). Wreckless and unguarded speculation. Welcome heavy incoming margin calls.

        Potential race for the exit door may be interesting heading into 2022 . . . .
        Errol, if you repeat any prediction enough times, it's eventually going to come true.
        The only possible exception the Maple Leafs winning the Stanley Cup.

        Comment


          #24
          Bitcoin is $64,943 CDN this morning. It wasn’t much of a dive.

          Comment


            #25
            Originally posted by jazz View Post
            Tesla will be the next Enron, WorldCom and Lehman Bros combined. No wonder Musk sold at the top.


            Tesla shares fall into bear market territory after SEC reportedly opens probe into solar panel defects
            https://www.cnbc.com/2021/12/06/tesla-shares-slide-after-sec-reportedly-probes-solar-panel-defects.html

            Gezus people are dumb.
            Neurolink, a brain chip with ability to cure many neurological conditions is Elon’s new magic carpet ride. Interesting.

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              #26
              Originally posted by sumdumguy View Post
              Bitcoin is $64,943 CDN this morning. It wasn’t much of a dive.
              was 83,878 CAD on Nov 9

              Comment


                #27
                Canadian .79USD
                Australian. 71USD

                Is that not bigger spread than normal?

                Anybody watch that?

                Comment


                  #28
                  Originally posted by shtferbrains View Post
                  Canadian .79USD
                  Australian. 71USD

                  Is that not bigger spread than normal?

                  Anybody watch that?
                  Look where the aussie buck was when they had a debt crisis. They have a much better balance sheet now than Canada.

                  Our entire economy is floating on the back of oil right now, and reckless home lending.

                  Comment


                    #29
                    Originally posted by jazz View Post
                    Look where the aussie buck was when they had a debt crisis. They have a much better balance sheet now than Canada.

                    Our entire economy is floating on the back of oil right now, and reckless home lending.
                    China economic situation appears worsening. This could pressure crude oil prices further in the new year. Fertilizer prices should also start coming down in the new year as well.

                    Inflation is dissipating (IMO).

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                      #30
                      Originally posted by errolanderson View Post
                      China economic situation appears worsening. This could pressure crude oil prices further in the new year. Fertilizer prices should also start coming down in the new year as well.

                      Inflation is dissipating (IMO).
                      Can we take it to the bank ?

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