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The Lunatic Fringe - Trading talk.

Lancers32

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If GBTC is calculated at 0.001 Bitcoin how can we be trading at anything other than a discount? GBTC 45.50 Bitcoin 47000. Yet all of these discount/premium websites show trading at a slight premium.
 

Lancers32

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Square announced a large Bitcoin buy today market went nowhere. More downside to come might rally a bit more first.

PSLV held up well today on the non follow through in Silver today. Could go either way here for a while I see some mid tier Silvers were up. Done figuring what that really means.

40-42K likely bottom area Bitcoin we go much under that all bets are off.
 

Lancers32

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Troubling thing to me is the lack of concern on Twitter and YouTube about this current decline. There was real fear on the moves back down to 16 and 17K as well as the move back down to 37K recently. Now its no worries just buy the dip. Bitcoin only goes up. Guess we find out soon. Not oversold enough at this point.
 

gnome

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Troubling thing to me is the lack of concern on Twitter and YouTube about this current decline. There was real fear on the moves back down to 16 and 17K as well as the move back down to 37K recently. Now its no worries just buy the dip. Bitcoin only goes up. Guess we find out soon. Not oversold enough at this point.
I caught the falling knife.
Retail investors will buy the dip. Did Yellen scare off institutions?
What happens with heavily leveraged positions?
 

Lancers32

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Yellen isn't scaring off the true believers. The heavily leveraged already got fried the past couple of days.
 

Lancers32

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Bitcoin was under 5K a year ago. So tell me why that is insanely bullish? Silver was $50 40 years ago now just a shade over half that now. Tell me why that's bearish? World upside down.
 

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Now its no worries just buy the dip.
These low rates have convinced people that the market is a savings vehicle. They seem to be able to stand the volatility because they believe in the end it always goes up.

One day it will end in tears... but how long?!
 

davycoppitt

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These low rates have convinced people that the market is a savings vehicle. They seem to be able to stand the volatility because they believe in the end it always goes up.

One day it will end in tears... but how long?!
Everywhere I go people talking stocks. On a job site today and the rockers talking stocks. Absolutely no clue what they are doing. One asked me if you had to pay tax when you make money. :dduck: Everything inside of me is just screaming we are all completely Fcked.
 

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Everything inside of me is just screaming we are all completely Fcked.
Some thing seems to be coming due here... the rotation into tangibles ***could*** be spectacular.
 

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A year in the life of the SPX... will this unroll again?

Untitled.jpg
 

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These low rates have convinced people that the market is a savings vehicle. They seem to be able to stand the volatility because they believe in the end it always goes up.

One day it will end in tears... but how long?!
Someone said when we see the 10Y get close to 3 the end is near. Guess we will see, but my WAG 12-18 months.
 

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NASDAQ - How many people are looking @ this as the make or break point?

Untitled.jpg


You can expect a buy the dip bounce right about now... if it gets sold down before a new high then BEWARE.

Untitled1.jpg


L@@k the long term MACD (50/200) -> its been stalling out since late last year. @ the least there is a 2000 point air pocket here to get back to a less frothy growth rate. (200DMA - not shown)
 

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Someone said when we see the 10Y get close to 3 the end is near. Guess we will see, but my WAG 12-18 months.
Given the chart, yes that is a significant area but I would say that we only need to top 2.5 now. @ that point it would look like 3 is going to fall, just a matter of time.

The lower rates go the less we have to rise to do the damage. Getting off 0 is a reverse exponential curve with all the pain loaded up front. If they don't fight it then rates will crush people, if they do inflation will crush people. @ some point they will lose their ability to keep rates low and have the market participate. They will literally have to print money and push it out into the system backing most every loan OR give it out. MMT & UBI anyone? It's not like they haven't laid the intellectual framework for this madness.

Meanwhile all the smart people will be buying anything that they cannot print!
 

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Voodoo

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Umm those prices show he was in long before GME was actually a positive investment.
 

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Umm those prices show he was in long before GME was actually a positive investment.
It's an average, so hard to tell how much was added when, but yeah probably over a much longer period. If she has been going as long as me there is $5 silver there! That will knock an average right back.
 
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Umm those prices show he was in long before GME was actually a positive investment.
...and you can put anything in one of those forms... really.
 

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She says she's a mother of three and build this in twelve years.
I didn't dig that deep, its an impressive stash if it is real.

She's getting hardcore about things...
My husband went to Walmart without me yesterday. He bought Mulan. I told him to returned it. Every penny that is not going towards food or insurance needs to go into pslv
...I wonder how many are like her?

If this thing goes viral I will be cackling like a loon!
 

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Cigarlover

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remove the interventions and watch the world economies deflate and take all assets with them. I do think monthly checks are coming worldwide. Then they create maximum pain for all until everyone accepts the digital dollar.
 

Uglytruth

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they create maximum pain for all until everyone accepts the digital dollar.
The how we don't know.
The why we know.
The when is coming.

I can't get past the "own nothing & be happy". Someone will own it. That's what scares me about land as it can be taxed away.
Dollars in the bank or wall street casino are mainly being feasted upon by fees.
Metal can be outlawed.
I see only one solution & we better get to it before they get any stronger and it may already be to late but a couple hundred million is a heck of a force.
 

D-FENZ

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...and you can put anything in one of those forms... really.
1614164767721.png


Yup. Nobody believes a photo anymore but a copy-pasta boilerplate form filled with pixy and posted to Reddit is seen as gospel. Me thinks it's just goldsilver.com peddling their wares.

Whatever. The ones with the real goody aren't talking.