/biz/ - Business & Finance

Why do you make money /biz/? Isn't life gay, why bother?

>>52304088
It is definitely a good thing long term. Chink monopoly is concerning though. Short-term, plenty of pain, liquidations, bad debt are very likely.
I am wondering if it is a good time to start DCAing, because many of plays I was eyeing in July have popped while i was waiting. Don't want to be a tard who misses everything, but neither the one who apes prematurely with 40%+ drawdown possible.

>>51717840
>you cannot feed people with lmao

>/pol/ and /biz/ spammed with anti-PMs retarded (((threads)))
>fake stackers shitting on PMs in /pmg/ flooding the general with their shitty fud
Yep frens, i think the default is closer than we think.

A relatively recent trend i noticed on the comex is eligible is now bleeding between 1 and 2Moz every day.
Registered drainings truly accelerated since March, but eligible wasn't moving much. But ever since registered plunged below 55Moz, eligible quietly started to slow bleed half a million ounce each day.
And now we are few days away from the 3XMoz range left, it's in full panic mode.
No need to be Columbo to understand what's going on : whales with stuff in eligible are afraid of their stack being forced into registered, without their consent, once the vaults are empty to meet the deliveries demand. All this to keep the illusion that everything is fine for a little longer.
So they preemptively are moving their stuff elsewhere, far from JPMorgan and CME's rubbing hands.

The comex defaulting is no longer a fantasy, it's a certainty. And it will most likely happen before mid-2023.

>>51656453
>Save as much cash and slurp cheap houses in 2023
you said it, that's the plan
it's counterintuitive for most brianlets but if ykyk then yk cash is king rn

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>>51645309