October Tesla reportedly acquired $200 million worth of Bitcoin. Block, led by Jack Dorsey, $50m in october. Grayscale 10000 BTC in october. El Salvador government 500 btc lol. Pension Funds october $100 m Ark Invest $35m worth of btc october.
Bitcoin at 90k anyone have an idea who is buying?
I totally see you point. I wish only self hosting was allowed in order do decentralise the internet more. The internet is converging into fewer and fewer hosting providers (data centers). However, as long as the situation is as it is, why not take part in the upside of this momentum
Anon, I'm getting sick of this fake nanny police state centralized 'economy' regardless if there are some breadcrumbs to be made from it. When all is said and done the bacon and eggs are going to feed you, your gun is going to protect you, a roof over your head is going to comfort you and a reliable vehicle will help you commute wherever you need to go. I don't need all that AI bullshit, big government spyware-ridden smartphones, big tech social media services, netflix or any other streaming service crap. I don't even have cable TV service anymore. Any media you desire can be downloaded and stored offline these days on physical drives anyway. People think we need all these data centers and AI to control our lives and tell us how to think and what to do, and I argue against that dystopian horseshit.
Interesting article from doubleline capital regarding the investment case into datacenters. Datacenters are the new buzzword on wall street so you guys may find it interesting https://doubleline.com/markets-insights/securitizing-the-digital-present-future-investing-in-data-center-abs/
Just remember the value of fiat "money", whether paper or digital, is always manipulative, it can go up or down, it can be devalued to zero by corrupt central banks and ill-willed governments too. Physical commodities will always hold value. Therefore you want your wealth linked with hard assets and physical commodities, as well investing in companies that hold and deal with those commodities. In the end, your wealth is what you own. Real estate, vehicles, utilities, a stockup of essential supplies (long-term food storage, clean water, guns/ammo, sanitation supplies, medical supplies, tools/hardware accessories, etc), extra clothing/shoes/boots, fuel storage & generators, some kind of trade skill for 'on the side' jobs, some kind of investment to keep a stream of revenue, things you can use to survive in the real world. Price inflation is not going away so think ahead of time and prepare accordingly.
First world countries always need oil. During times of crisis and war the price of copper, steel, silver, gold and oil always tend to rise. So will food prices. Forget whatever nonsense the mainstream media or government tells you. Put it all into perspective, prepare for it and you will be far better off then average normies standing in long lines waiting for their rations and breadcrumb handouts.
Nvidia's (NASDAQ:NVDA now 143.71$ a share) explosive growth is about to hit a remarkable milestone: the tech giant, valued at $3.4 trillion, is on the verge of surpassing the entire market capitalization of Japan’s Nikkei 225. https://www.investing.com/analysis/can-nvidia-market-cap-surpass-the-nikkei-index-200653242 That's crazy considering Japan is the third largest economy in the world.
Totally, another great axample of why you should always do the opposite of what Cramer recommends :P
Jim Cramer is the same guy who said if we did not obey Biden's vaccine mandates we should be fired from our jobs, listed as felons and locked up in prison because "everyone would die" had we not taken those experimental mRNA jabs (that have been exposed causing blood clots and myocarditis). Well, I and many others refuse to take those covid clot shots, we are still alive and well, and Jim Cramer is still an asshole as usual.
Jim cramer always gets it wrong. Inverse jim cramer investing crushes the market. Atleast in theory
This info-graph compares price inflation in the US per State, it does not in any way show actual overall detailed inflation statistics (which are still horrible everywhere). However, this does point out the States with the worst price inflation, where prices for goods and services are the highest... as well the States where prices tend to be the lowest too. Depending where you live in the US prices tend to fluctuate for goods and services. If you live in California you are paying a very high price for living expenses. If you live in Kentucky, living expenses tend to be cheaper. This is all relative to State budgets and local economies of each State. Just how bad are expenses today in your own State compared to others? Find out with this infograph.
I wouldn't bother with his financial advice, everything is a gamble and risk trading in the stock market. You'd be better off learning how to game the system following trends and what other rich people have invested in before and during similar times, or similar crisis. An example would be to invest in oil before a major war broke out in the Middle East, or investing in big pharma companies before some next, likely faked "pandemic". If politicians are investing in something, take notice because they likely have the best inside connections and insight due to the amount of corruption today. Remember to protect your wealth too, when all is said and done what matters is you own some private property, basic essentials and other physical hard assets. Don't just rely on bonds, stocks, ETFs, digital crypto, etc. Real wealth is what you can hold, what you can touch, what you physically own.
Oh no, i love tesla, but Jim Cramer just recommended buying...
Once enough people deman delivery or the money/assets they worked for and are rightly entitled to, the fiat 'economy' we know of today collapses. The truth is the banks do not hold your savings, they gamble away 90% of it while going into more and more debt. "Fractional reserves" they like to call it. In other words... plain and simple... theft.
>>post2585 Count in gold too. I'm hearing rumors of the same gold sold multiple times. We need investigations into that. However, until people demand delivery i guess the illusion can continue.
That is because today we have a smoke and mirror economy, not only is it heavily regulated and centralized. Demand is also propped up by extraordinary amounts of debt, but with limited physical reserves of commodity. Recipe for disaster as the preppers have been screaming the last 30 years and they are still correct. Do not expect prices to go back to the good 'ol days anytime soon with the current leadership we have. That would take huge reform and reform that would be directly contrary to any "green" agenda. That reform would also have to include a reduction of governmental spending spree. $1 Trillion of govt spending per 100 days is NOT sustainable at all.
Silver, and just about any other physical commodity, will increase in price as long as there is high demand but limited supply. Do not let silver ETFs fool you though, they do not represent real reserves which are far more limited than those digital junk IOUs on the stock market. Pretty much goes the same with any ETFs though, all backed by future promises and of-course debt. All real commodity reserves do have limits.
Smokes, everything is falling today
