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    #16
    Originally posted by jazz View Post
    Please name the drug that instantly cured you.

    Investor tip; The indexes will not see their ATH for at least a decade.

    Crypto is a guaranteed zero but don it think it wont affect you, its now linked up and permanently correlated with the S&P 500.
    Investor tip:

    Look what happened to world markets yesterday when the USA inflation rate for Oct was announced at 7.7% a drop of .5% from Sept. and below the forecast of 8%.

    There are Trillions of dollars sitting on the side lines just waiting to get back into the markets at the earliest sign of even a slight turn around in the inflation numbers.

    Jazz you probably sold everything Wednesday in sheer panic after Trump's Stole Election candidates were shown that the American people want to protect and maintain their democracy.

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      #17
      Originally posted by farmboy44 View Post
      Did he sell the investment? Is that loss realized or just on paper?
      I think just on paper so far

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        #18
        Originally posted by foragefarmer View Post
        There are Trillions of dollars sitting on the side lines just waiting to get back into the markets at the earliest sign of even a slight turn around in the inflation numbers.

        .
        Correction, I have been in cash since August. I know whats coming. The fed fund rate is going to 6%. Mortgage rates will be in the 10% range in the US. Let the dumb money burn up.

        The Ontario Teachers Fund and Quebec Pension Plan had significant crypto holdings. Oops.

        Anyway, the CIA and FBI can track all crypto wallets so you aint hiding anything from the govt. And if there is a crash, it will all be regulated.

        Ask someone to tell you about inflation in the 70s.
        Last edited by jazz; Nov 11, 2022, 09:25.

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          #19
          Originally posted by caseih View Post
          sad thing is , it was lots of young people that got burnt
          grandson lost 33% of his hard earned money he worked for all summer in some kinda bitcoin bullshit investment
          i tried to tell him , but he told me real nicely that i was old and out of touch
          feel sorry for him , he worked so hard , oh well , some lessons you just hafta learn for yourselve
          sad tho
          Been there. I remember politely interjecting in 08 when a young coworker was buying Iraqi currency. 🤣

          Comment


            #20
            Originally posted by jazz View Post
            Correction, I have been in cash since August. I know whats coming. The fed fund rate is going to 6%. Mortgage rates will be in the 10% range in the US. Let the dumb money burn up.

            The Ontario Teachers Fund and Quebec Pension Plan had significant crypto holdings. Oops.

            Anyway, the CIA and FBI can track all crypto wallets so you aint hiding anything from the govt. And if there is a crash, it will all be regulated.

            Ask someone to tell you about inflation in the 70s.
            Looks like Peter zeihan was correct about the cryptocurrencies all along.

            We criticize him for getting a lot of details wrong along the way. But in the big picture and long-term, his analysis generally turn out to be uncannily accurate.

            Comment


              #21
              Originally posted by AlbertaFarmer5 View Post
              Looks like Peter zeihan was correct about the cryptocurrencies all .
              He was warning about a doubling in the cost of capital like 4 yrs ago. Spot on.

              He is now ringing the bell about de-globalization.

              Speaking of owning nothing...

              Click image for larger version

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              Last edited by jazz; Nov 11, 2022, 14:22.

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                #22
                I thought All the PP supporters on here would have moved everything into Crypto like PP was recommending??

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                  #23
                  Are you having a bad day ?

                  Comment


                    #24
                    Originally posted by jazz View Post
                    Please name the drug that instantly cured you.

                    Investor tip; The indexes will not see their ATH for at least a decade.

                    Crypto is a guaranteed zero but don it think it wont affect you, its now linked up and permanently correlated with the S&P 500.
                    If you are looking for instant cures, you need to look for a god to lay hands on you.

                    Secondly, pharma doesn't make instant cures. Refer to point one, and good luck. What pharma makes are blocking agents.

                    Sometimes a person gets lucky, and accepts a specialist suggestion on a drug developed for another purpose, and it works brilliantly. Go from board stiff crippling pain, that only gets worse the next day, and the next day... that rules a once thought tough sob's mind for another way out, to a pain free life.

                    I have no expectation that you will understand.

                    Comment


                      #25
                      This FTX fiasco will come out as a movie one day . . . maybe, “The Big Steal”. Oh, mysterious $1 billion hack last nite, Sam’s jet on the way to Argentina? The intrigue . . . .

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                        #26
                        The hubris of it all. The connections between FTX/Alameda, regulators (Gensler), the ivy league (SBF and Ellison's parents), and the democratic party (SBF's mom). Smells to high heaven. It's the financial Lolita Express for the Democrat/Bolsheviks, the bilked funds from FTX account holders used to win swing states. Rotten to the core Click image for larger version

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                        Last edited by biglentil; Nov 12, 2022, 07:40.

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                          #27
                          And everybody wonders why good old dirt still keeps going up.

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                            #28
                            [QUOTE=jazz;553302]Correction, I have been in cash since August. I know whats coming. The fed fund rate is going to 6%. Mortgage rates will be in the 10% range in the US. Let the dumb money burn up.

                            The Ontario Teachers Fund and Quebec Pension Plan had significant crypto holdings. Oops.

                            Awe - too bad! 🥲

                            Comment


                              #29
                              If Crypto falls any Further- PP will be stranded in BC 😐

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                                #30
                                [QUOTE=sumdumguy;553407]
                                Originally posted by jazz View Post
                                Correction, I have been in cash since August. I know whats coming. The fed fund rate is going to 6%. Mortgage rates will be in the 10% range in the US. Let the dumb money burn up.

                                The Ontario Teachers Fund and Quebec Pension Plan had significant crypto holdings. Oops.

                                Awe - too bad! 🥲
                                Get woke go broke, WEF partner
                                Click image for larger version

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