/biz/ - Business & Finance

>>51581751
>Why would anyone use data, statistics, charts, patterns, or signals to understand the market? We should just stick to crayon lines and horoscopes

>>49283430
I summer in ND. Plenty of attractive blonde women. Midwest was a target for groups of Swedes, Norwegians, and other euro groups when they migrated many moons ago. Don't speak out of your ass about a place you don't go. Also ND is hot as balls during the summer, not what that anon was asking for at all.

Schiff doesnt get anywhere near enough credit. This jew is always right. Always early, but always right. In this clip he stands before a room of mortgage brokers in 2006 and proceeds to basically give them the script for the big short.

https://www.youtube.com/watch?v=jj8rMwdQf6k

Schiff doesnt get anywhere near enough credit. This jew is always right. Always early, but always right. In this clip he stands before a room of mortgage brokers in 2006 and proceeds to basically give them the script for the big short.

https://www.youtube.com/watch?v=jj8rMwdQf6k

Peter schiff

>>25723967
>>25724015
something that checks all the boxes

>>25541001
>>25541329
>>25541401

>>25362277
it's just a utility coin
>>25362261
unironically based

We criticise Fiat currency for not being backed by anything, but bitcoin ins't backed by anything. In and of itself, its nothing other than a digital means of exchange. But a critical component of a successful means of exchange, one which both fiat currency and crypto currency fail to address, is that it must be a store of value. A store of value meaning that it must have utility that ensures there will always be demand for it. All commodities posses this quality in some way, some much more than others. But only a commodity can be a store of value because in and of itself theres something to store.

The store of value mechanism is absolutely critical to the indirect exchange system and anyone who can understand this concept can amass a large fortune by acting on it.

im so happy that i finally got in early into something

>>24995646
absolutely fucking based

>>24920139
that would require a 4BILLION mcap and put it right over polkta and below cardano
you have to be insane to believe this shit

it's already priced in, might do a 2x or 3x and that's about it

>>24617822
>>24617836
>>24617976
>>24618187

>Pleasssssse lol TRUUUUUE lol lol

Holy fuck, where are you people from

Seethe

Based Peter is going to win.
He's going to fuck you up.

https://streamable.com/f07tbe

SEETHING

Based Beter

https://streamable.com/f07tbe

>>22271145
Listen nigger I'm only going to break this down for you once. I have deep levels of expertise in futa hentai and silver markets, and I'll explain to you how the latter works and why COMEX may or may not default but either way is good for PM prices.
Here's the one sentence takeaway:

>COMEX only has to default if prices are continually kept artificially low, they'll be fine if they let prices rise.

The basic way this works is that certain large players like JPM got given de-facto loopholes that allowed them to leverage their extraordinarily large stacks into having total control over PM prices through paper derivatives. JPM has a shitload of silver and doesn't have to obey order limits like all the other plebs, so they got to swing their big dick around the market and make prices. This was so extraordinary that when they finally got caught the SEC noted that JPM had literally NEVER lost a precious metals trade in its entire history.
And normally this works fine for them. They take out a bunch of shorts, and any time it looks like the price might go up, they take out even more and smash the price back down. All the while accumulating as much or as little of the actual physical metal as they want.
Until something like March happens. Suddenly silver is $12, but you can't actually buy a bar or a coin anywhere for less than $30. Anyone with two brain cells to rub together and enough money to stand for a contract sees the arbitrage opportunity, and it doesn't matter how much JPM tries to hammer the price down, they're standing for physical delivery anyways because literally all they have to do is buy a bar and sell it to a refiner and it doesn't matter what spot price is they'll make a solid 25% gain for their trouble. This was so bad that JPM got their bullshit called by the entire PM market, and had to sell like 25% of their physical stack (the largest private silver stack in the world) in one month. HSBC lost I think something like $100m in a day. (1/?)

>>21888605

>>21777021
>he thinks the fed will EVER EVER be able to shrink it's balance sheet
>he thinks the fed will EVER EVER raise interest rates
How the fuck do people this stupid even exist?

>Stop parroting lines fed to you from crazy people on Youtube.
Or, you know, actual millionaire investors, economists and researchers, but cope more.

>>21625292
Just try me anon.

>>21558084
You guys think we will hit $2k again tonight?

>>21453551
Oh no, a jew like Peter Schiff. How horrible.

>>21453597
True, I don't know why I try, I'm bored I guess.

>>21318135
>Hey crazy jew how r u
When you sperg out and call people dismantling your arguments a jew, you know you have lost.

>>20689331
Yeah, okay faggot.