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
Samsungs new solid state superbattery for electric vehicles unveiled. 600 miles range and 9 minutes charging. Requires a bunch of silver to produce though. Will silver price increase? https://www.kitco.com/news/article/2024-08-19/silver-set-soar-samsungs-solid-state-battery-breakthrough-analysts
today , the quantity of natural gas stored in the eu has goten closer to the maximum limit. Therefore the price might go down i guess. I would go short on that.
Any update on the silver shortage?
Tesla shareholders approve elon musk's equity package. The package still need to be approved by the legal system.
Tesla vote almost up. Lets see if we have to take the 10% market cap haircut or not!
