/biz/ - Business & Finance

>>27176517
Who the fuck here isn’t already loaded up? What have you been doing Anon?

>>24510204
Good choice. They are quite satisfying. They are a little less than half my ag stack now. Best 10 ouncers in my opinion.

>>23897734
Hngggg
My goal is to at some point be able to literally stack them Scottsdale 100s. Scottsdale just has it figured out. You have good taste overall fren.

>>23866233
I’ve posted in prior threads. Sadly, I have a crap ton on my honey do list right now and heading out with my son for some day off fun. But I will point you to Jeff Snider and Stephen van Metre. Brent Johnson is good too. But Jeff Snider is scary intelligent on the monetary system. This guy will teach you so much you didn’t even know that you didn’t know.

This series on Emil’s channel is good. This is the recent episode. They generally break them j to three themed parts.

https://youtu.be/h9d8IEFRMwI
https://youtu.be/9U7p9H3_VZk
https://youtu.be/LH1wDUG-dEI

>>23842386
Sorry Anon, but QE is not inflationary. It’s technically deflationary, but CAN be inflationary if banks in turn actually grow lending. Debt growth is inflationary, but QE is not. QE is just a fancy mechanism of creating bank reserves. That’s it. The institutions that participate in QE or any other asset purchase program don’t actually get cash from the sale of the assets. That cash goes into an a restricted account at the Fed in their name and only counts toward their reserves. That what most the the Fed’s balance sheet is. It’s not money freely flowing into the economy. It’s just bank reserves sitting under a mattress at the Fed. The only part that is actually inflationary is when the Fed monetizes Congressional budget deficits. So annual deficits get monetized as do the stimulus payments they passed as part of the CARES Act. The Fed can’t just go brrrr. That’s a meme. Believing in this meme actually helps the Fed do what they do because their only effective tool is PR and making people believe they are doing things that they actually can’t do that it has a self-fulfilling prophecy type effect. Sorry, but until we get more stimulus, deflation is where we are at. Money is not printed into existence. It is lent/borrowed into existence. Debt is currently being destroyed faster than it is being issued and that is deflationary. Tens of millions of people out of work is deflationary. More lockdowns are deflationary. Until Congress turns on the spigot for the mother of all stimulus bills, we will have deflation. Even moderate stimulus at this point will only temporarily ward off deflation and it has diminishing returns. Yes, we will eventually get inflation, but it requires Congress to act and act big. We are currently deflating as we wait for it.

>>23625822 #
I'm not a financial advisor nor am I an active trader. I'm more tuned into macro. But I think we have a big spike in the dollar coming and a big spike in long dated treasuries. I think Steven van Metre's thesis in the short term is spot on. Although yields have risen a bit here recently, I think eventually they will tank. We have a record level of shorts in bond market and that usually indicates that a lot of people are about to get taken to the cleaners. There are strong downward forces on yields, and it wouldn't take much to trigger the mother of all short squeezes. So I have some calls on UUP (dollar bull) and TLT (long dated treasuries). I have only minor options, while I'm sitting long unleveraged in TLT. I'm also half in cash. Mine is a very limited short term macro play, as I am on pmg and am convinced long term that dollar is in trouble. There are other people swing trading and making a killing every day, but I don't have the time or the patience and probably not the smarts to do that. So I make boring macro plays. I'm also hedged with about $16k in physical.

It’s deflation, baby. The Fed has been exposed as powerless. All it can do is create worthless bank reserves with big numbers. It’s going to take Congress to move the needle in the other direction. So if you don’t see Congress acting, don’t fall for any head fakes. Keep stacking. Keep some cash on hand to buy some miners cheap. If you want to be a contrarian’s contrarian, go long on long dated treasuries. We could have the mother of all short squeezes play out.

>>23584674
It’s always a good time for 90%, both gold and silver.

Buckle up frens. Deflation wave incoming. No stimulus and things could get rocky. Dollar is going to spike. Long dated treasuries might land on the moon. No matter what happens, 1 ozt = 1 ozt. I am hoping to profit from the potentially mother of all short squeezes in the long dated treasuries market. Profits go into physical.

Also, I saw a post in an earlier thread that said people dump treasuries when rates drop. I just had to respond since I got home that this is pants on head retarded. Bond yields drop BECAUSE people are BUYING them and bidding up the prices.

>>23286698
Dollar is probably going above 100 at some point in the next few months. Until Congress acts, deflationary forces are winning.

>>23235042
I think we are more likely to see a yield crash. Record levels of shorts on treasuries look like they could create a massive short squeeze and spike treasury prices.

Good evening pmg. First full stack pic.