/biz/ - Business & Finance

Everyone wants to be Michael Burry 2.0 here.
The central banks have already made their choice.
The system quite literally can't handle a nominal recession much less a deep or long-lasting one.
Why does everyone (who's paying attention) seem to believe that the central banks are actually allowing things to collapse? Yes speculators on crypto and stocks with no value are getting rekt, but this is not the same as the "big one" that keeps being turned into the "even bigger one".
If you doubt that they can't keep kicking the can down the road forever, understand that the market, especially this one will remain clowny longer than you can stay solvent...that is its purpose.
We will not necessarily know what systemic risks they are currently balancing, while in 2019 there was a very catastrophic and obvious example it could be something completely different this time.

Countries are already talking about "supports" for people handling inflation. (looking at you Canada)
This is it, we are already on the "print-to-infinity-path" people just don't want to admit it, because this time around it is going to be completely nauseating.

What miners are we stocking up on today lads!?

With gold shitting the bed, im particularly interested in any small cap gold miners that are now at discount valuations. I see FireFox Gold is now back where it was months ago.

I also really like Viscount mining at this price.

Looks like Silver Miner bro was right(once again), YCC is imminent. They've been trying to avoid it, but its getting to the point now where upwards pressure on bond yields just cant be relieved with the current QE volume. Australias central bank has already doubled their QE program this week. Would not be surprised if likewise the FED does the same thing by the end of the month.

>>30215414
>>30210415

>>30211478
see:
>>30210320

Also pic related

You have been paying attention, right?

You aren't sleep walking through life, right?

You aren't missing out on the greatest transfer of wealth in human history and destining your descendants to another 5000 years of slavery, right?

Is /biz/ praying ?
Do you believe ?

Not sure if any of you gambling degenerates have heard, but the Reserve Bank of Australia doubled their daily bond buy backs(quantative easing) program to $4 billion a day, which would be just over $1 trillion aud a year.

All of course in the aim of suppressing bond yields and stopping interest rates from going up. The US markets pumped on open after this news because everyone now (rightfully) assumes the FED will do the same. YCC is now a reality. wether they make it official or not, we know its here. They will do ANYTHING to stop bond yields from rising and interest rates from going up.

Silver miner bro's prediction is coming true right before our eyes.

>>29765751
yields went down because QE was keeping them down. now the QE they have been doing still isn't enough to keep yields down because (warranted) fears of inflation are so high.

Dumping silver miner anon gems.

friendly reminder

threadly reminder

Say this happens. What should we be doing now other than stacking and mining stocks?
I don't claim to have this man's insight/knowledge but I have enough and I'm decent at asking questions: wouldn't we be seeing the same 500% gains as the other stocks mentioned? I assume that is because it's a balance sheet backed with real "money" and I would own a portion of that.
What if we have nationalization of the PM mines; we would be shit out of luck and we would be paid out in toilet paper the same way debts would be, if at all. Why shouldn't we just stack? Should we be purchasing other assets, get out if the bonds market, and take our bull gains now and convert?

>based silver miner anons predictions coming true right before our eyes

its glorious

>>29283811
>>29285194
Last time bond yields got to 3% in 2018, equities crashed 25%, and the FED was forced to instantly resume QE to suppress bond yields and ensure capital flowed back into equities.

We are currently at 1.33%... if 3% crashed the stock markets 25% in 2018, what do you think 3% yields would do now?

We might only get to 2% before we see a massive sell off in equities - indeed; you can already see indicies selling off and losing momentum. i would not be surprised at all if major players are already positioned short.

This is what we've all been waiting for. Everyone who has been bullish on inflation hedges has been fundamentally correct, but they have underestimated how long 'they' can kick the can down the road. I believe we're coming to the end.

>>29269538
it might crash on a very short term basis, but they wont let prices stay depressed. they will pump them back up with fake money, at whatever real cost.

>>27137035
>>27137237
>You have one side with unlimited FIAT currencies inflating to oblivion
from Sep 28, 2007 to Mar 20, 2009 the Dow lost 50% of it's value
during that same period US M2 went from $7,386b to $8,372b
14% increase in the monetary supply in 2 years yet all prices dropped by 50%, how is that possible?
from 2005 to 2008 interest rates went from 1% to 5% causing a massive deleveraging where retail money in the market had to be withdrawn to pay interest and mortgages
we then lowered interest rates to 0.25% - then we raised them to 2% in 2018 causing the Dow to flash crash 16% and btc to crash from $6,370 to $3,277

what do you think will happen if the Fed raises interest rates to even .5% now, in 2021? btc and stocks will both get gutted
that is when you buy

Friendly reminder we cannot lose.

Friendly reminder that we cannot lose.

Friendly reminder that we cannot lose.

the government will not allow a crash in nominal terms. remember, there is no free market. if there was, we'd have already had a major crash.

TSLA could 10x from here and go to $8800USD. the question is, what will $8800USD actually be worth?

>>25277364
We can see clearly that governments and central banks simply cant, and wont allow deflation to occur.

Deflation is not necessarily something a central bank DOES but rather a force of nature, of human action. When the economy is suffering, and the quantity and quality of goods and services being exchanged is decreasing(leading to unemployment etc), it is only natural then that money itself becomes more scarce.

I must clarify something mentioned here>>25277431


just because the total supply of money INCREASES does not necessarily mean that inflation will occur, because it is the supply of money circulating for goods and services which is what the real economy is concerned with. If the central banks prints $1 trillion, but this $1 trillion never makes it way into the economies circulating supply of currency(lets say, $10 trillion) and only sits in a bank, then there will simply be no effect. It is only when this $1 trillion is added to the circulating supply does inflation occur(the circulating supply is now $11 trillion, thus diluting the value of ever previous unit formerly making up the previous existing $10 trillion)

The velocity of money is not concerned with the volume of circulating currency but rather the RATE(frequency) at which it is exchanged for goods and services.