Search found 2372 matches

by vincecate
Sun Nov 06, 2022 5:32 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

If you really do believe that Bitcoin is going lower you could sell your current holdings and buy back at a lower price That would be a clever trick!! While I believe there will be a general panic/crash/waterfall and Bitcoin will go down, I also think that at any time Russia could be discovered to ...
by vincecate
Sat Nov 05, 2022 4:13 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

When the 50 crosses down over the 100 it was bad the last two times (around 50% drop).

Image
by vincecate
Fri Nov 04, 2022 5:44 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

Biden is using up the strategic petroleum reserve to try to keep oil/gas prices down through midterms.
After that prices will go up, maybe by a lot. Already today Brent oil was $98.57
Keeping gas down was helping to keep CPI down.
If/when that reverses, the CPI numbers will get worse.
by vincecate
Fri Nov 04, 2022 4:08 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

The TLT ETF (Treasuries Long Term) dropped 1.68% today. When bonds are paying 4% per year but can drop 1.68% in a day, you got to wonder about the risk/reward ratio.
by vincecate
Fri Nov 04, 2022 12:33 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

I am not saying that you are wrong because you may be right that the politicians take control and make disasterous economic decisions. That will probably result in wars and John's generational forecasts will come to pass in a very serious way. I am hoping for better decision making Here is AOC sayi...
by vincecate
Fri Nov 04, 2022 7:39 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

One of the debates is whether the Fed can fix it? I think you'll find the Western World committed to fixing matters, but what economic disasters can this bring? A global debt crisis with the world in another great depression? Early days yet so we watch and wait Imagine Powell gets to 8% or 12% inte...
by vincecate
Thu Nov 03, 2022 11:21 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

Executives at leading hedge fund Elliott Management said we are on the path to hyperinflation.
I think the hyperinflation idea is getting less fringe every month.


https://archive.ph/QS84y
by vincecate
Thu Nov 03, 2022 9:44 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

That was pretty much my opinion. I do not know if Bitcoin is the Next Big Thing. I do not know if it is the Scam of the Century. I have only an ECON 101 that is almost half a century old to help me decide. And I do not have a gambling personality. I don't think any known scam (defrauding investors)...
by vincecate
Thu Nov 03, 2022 9:38 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

I suspect that the Fed has now realised that they have a stubborn inflation problem on their hands, and hence the hawkish tone after yesterdays FOMC meeting. But the market knows they have always dropped rates at any sign of trouble for the last 40 years, so the market does not really believe the F...
by vincecate
Thu Nov 03, 2022 9:04 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15795967

Re: Financial topics

Cleveland Fed nowcast that the predicts CPI coming out this month and next will both be above 8%.
They have been under way more than over the last year.
There is no rapid drop back to 2% inflation.

https://www.clevelandfed.org/indicators ... nowcasting