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/biz/ - Business & Finance

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51593573 No.51593573 [Reply] [Original]

Who the fuck is buying up this shit at 18k?? What the fuck do they know that we don't? Is it really time to start slurping?

>> No.51593698
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51593698

>>51593573
Bottom is in faggot. The fed front loaded this shit. The rhetoric peaked, inflation peaked, dji testing pre covid top, btc tested previous ath. Dxy reaching multiyear resistance and overbought rsi, commodities tanking, house prices tanking, recession. Jobs will soon follow.

We’re done. If you have a brain you sold. Only idiots are selling now. Same idiots who were buying btc above $60k

>> No.51593768

>>51593573
No, short more, trust me bobo.

>> No.51593870

>>51593698
I'm inclined to agree but Powell is behaving like a mental cunt these days so I can't even tell if he's bluffing.
Gut feeling tells me we see a pivot this year around the midterms.

>> No.51593897

>>51593698
>, inflation peaked

its barely got started

>> No.51593933

>>51593698
>The fed front loaded this shit.
massive fuckin lol
hold those bags, you'll need them to carry the massive amount of shit you're peddling

>> No.51593960

>>51593870
he literally tells you what they're going to do

>> No.51594276

>>51593960
Yeah because his track record for being accurate and honest is really good.

>> No.51594336

>>51593960
he literally told you inflation was transitory and due to temporary supply chain issues

>> No.51594453

>>51593573
Shit is about to get a lot worse. Welcome to stagflation. Hope you bitches are ready.

>> No.51594569

>>51594336
That by itself would be bad enough for someone in that role.
The fact that he doubled down on it for almost a year shows you what a feckless unreliable cunt he is. He is going to pivot when Brandon threatens him around the midterms. Funny how the Dems will actually save us.

>> No.51594738

Only stablecoin money printers keeping the price above 18k. Its all a sham

>> No.51594799

>>51594569
How can anyone save us you retarded mongoloid. 30 trillion in debt.... it will never be paid off. Sure our politicians can kick the can down the road but that's not fixing shit just prolonging inevitability.

>> No.51594852

>>51594799
I meant save as in our asset prices you cuntwank. I know nothing can save anyone from the global deflationary depression that's coming, apart from owning gold and weapons.

>> No.51594873

>>51594799
When they print their trillions is it only backed by IOU's?

>> No.51595021

>>51594799
It’s simple: kill who you owe money to.

But seriously the debt is fake. US net worth is a fuckton higher than 30t. In matter of fact Amazon and Tesla were worth 2t just by themselves.

>> No.51595037

>>51594873
Yes and when the sheep realize they have funny money and only tangible assets matter, we'll all be fucked harder then McCauley after spending a night at neverland ranch.

>> No.51595139

>>51595021
I know debt is fake but there are billions of people on this planet that still think fiat money is real and not a promissory note. When they find out otherwise they're gonna be pissed and that's when the show starts.

>> No.51595237

>>51593698
wrong nigger. I've been buying bitcoin below 19k and I'll hold this shit all the way down, buying more every step of the way, because I believe bitcoin will violently decouple at some point, because I'm just a fucking chad maxi like that, but if you don't think we're in for more pain you're retarded. They're not psyop'ing us into thinking there's going to be a moderate recession when in reality markets will rally - they're psyop'ing us into thinking there's going to be a moderate recession when in reality it's fucking over. As Jeremy Irons said in margin call, THIS IS IT. THIS IS THE BIG ONE. Most of us aren't making it out of this one.

>> No.51595283
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51595283

>>51593698
>inflation peaked
stop reading after that

>> No.51596162

>>51595237
Imagine trusting so strongly in the fucktard who said inflation was transitory for a year and only changed his stance around May.

>> No.51596396
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51596396

>>51594738
>t. no coiner
every time