actually not sure whats best for the stock holders

Yeah. Just a reminder, the vote is on june 13

Tesla puts Elon Musk $56 billion pay to shareholder vote. That is around 10% of market cap. Vote result will be interesting.

Just a little update for the silver hodlers. China is increasing demand in silver rapidly!

With the silver market already facing a global supply deficit in 2024 estimated to be 200 million (M) ounces in a total 1.2B ounce annual market, the added demand from China’s population base can easily add 200M ounces of demand to the already tight global silver market.

The largest visible silver stockpiles globally exist in the City of London with total vault holdings today stated to be 25,600 tonnes (823M ounces) of silver. Problem is more than 90% of the daily trade of gold and silver in the London gold and silver markets consist of trading of London spot/cash (immediate ownership) promissory notes. 

More promissory notes value is traded than can actually be delivered. Silver users and investors globally holding these spot silver promissory notes for silver delivery in London (typically 3 days after demand) will be in for a rude awakening if the issuers of these notes start to dissemble and then default on silver delivery requests.

Thanks, good advice

@Tony is right. The main objective is to get a share of the wealth generated in the economy, with as little risk as possible. 

The second most important thing is never lose a huge part of your portfolio buying into a market crash. 

To this end there are mainly two risks. .1) Idiosyncratic risk of any single company and .2) Systemic risk of a market crash.

This can be done by investing in index funds. Index funds handles risk 1 with diversification over many stocks. The buying at fixed intervals handles risk 2. This way you don't accidentally enter the market with your entire portfolio just before a market crash.

For instance. Lets assume you have 100 to invest every year. 

i) never invest them all at once. 

ii) invest lets say 1/4 every quarter.

Do this continuously. It beats 90% of the top hedge funds after adjusting for fees.

my* = by mistiming

Yeah. Based on Warren buffets and Charlie mungers ideas.

You should invest a fixed size in index funds at fixed intervals continuously. This way avoid loosing big my mistiming the market. 

This is statistically the optimal way for non-professionals to invest.

One of my goals this year was to start investing, anyone have any tips and tricks to get started?

We will see about that!

Captain Dollar kills all of his enemies with Printed Money #gold #silver #bitcoin

When the Silver COT report comes out this week, we will find out how much of the increase in Total Open Interest is from Bullion Bank shorting of #silver. The BBs may be digging one hell of a hole for themselves.

As further currency debasement by central planners becomes more clear to the market, digital #gold, #silver, and #copper move higher together. Prices since Mar 12 CPI inflation report.
https://postimg.cc/TK1z8tbd

No surprise - Cost of price inflation is much higher than gov says. 

https://hotair.com/david-strom/2024/03/18/larry-summers-inflation-much-worse-than-government-says-n3784904

Last week, the IRS has stated that Americans must report payments on Venmo, PayPal over $600.

Last week, the Defense Department failed its fifth audit, unable to account  for more than 61% its assets, worth about  $1.8 trillion.

Disney+, $DIS, lost 1.3 million subscribers in the final quarter of 2023 amid a price hike that went into effect last fall, per Variety.

CALL on our national debt to $100

U.S. National Debt Surpasses $32 Trillion for the First Time

    The gross national debt of the United States has surpassed $32 trillion, marking an unsettling fiscal trajectory as Washington gears up for another battle over government spending. This milestone arrived nine years earlier than projected before the pandemic, primarily due to emergency spending to address the impact of Covid-19 and sluggish economic growth.

    Given the persistent problem of the ballooning debt, some experts suggest the formation of a bipartisan fiscal commission to address its long-term drivers. Projections show that the United States could accumulate $127 trillion in debt over the next 30 years, with interest costs consuming nearly 40 percent of all federal revenues by 2053.

    Treasury Secretary Janet L. Yellen defended the Biden administration's handling of the nation's finances, citing their budget proposals to reduce the deficit by $3 trillion. She also warned that Republican tax policies would worsen the fiscal situation, benefiting the wealthy and corporations while doing nothing for working families.

For better or worse the news cycle, politics, and the markets are tuned into the headline CPI number.

Being as that is, May 2022’s MoM inflation was a shocking 0.93%, and June 2022 a frightening 1.19%. The headline CPI data is using this very noisy baseline to compute YoY data so headline is going to look subdued for May and even more so for June 2023.

But, in July 2022 it takes a uTurn negative 0.03% before rising to 0.23% the next month. So judging solely on the headline number, it’s going to look like inflation re-accelerated.

The Fed isn’t numb to this, is it makes sense to take some heat off of them for being too aggressive while headline is stalled before they have cover to (possibly) raise rates once the news cycle blasts headline out for July/August or maybe even do it prophylactically and look like some kind of wise sage.