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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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On SNL...Elon was asked what is DOGE coin? He said, "It was a hustle." DoGE coin immediately dropped in value according to the BBC...
When I think of Crypto I somehow start thinking about Tulips...hmmm...
Yeah there is money in trading the hustle...but you better be out when the music stops or you will get left standing holding the bag and it aint gona be full of gold either.
Reason why Crypto is so hot..the USD has wobbled and is getting shakier by the day...so let us pass that 4T Biden spending bill...YAY....and let the FED keep on printing...and aneven bigger YAY....
Problem with the Crypto is you can't hold it in your hand..it isn't even made of air..just an electronic flow of electrons through a wire... As I have said and now the BBC...Gold, silver, land has an INTRINSIC VALUE of it's own..
Gold and Silver is portable and more importantly HISTORICALLY is universally accepted as having value..5000 years of human history can not be wrong. And yes Gold and Silver are being heavily manipulated to suppress value..I wonder why that is???
One day the powers that be are gona wake up and find a populist move into Gold and SIlver where the manipulation will no longer be work...BA last year was saying 3K, KITCO was at 5k.. And guys like Rickard were looking at the Gold to USD ratio and came up with $50,000 an oz
Yep there is lots of money to be made out there..so much in fact that you all can become rich...WOW I GET DIZZY JUST THINKING ABOUT IT...it even makes mr willy bigger than I have seen it in years..Man it just can't get better than this...
Then I remember the famous words of old Joe Kennedy...that when he heard cabbies and shoe shine boys talking about all the money that they made in the stock market....he got out of the market...in a few months time Stock Brokers were jumping out of windows and lots of people were wiped out....
Then I start to think about all of the monetary strings that the FED is pulling to keep the fking ship afloat...and Man did my mr willy just shrink up or what!!!
Sumthin stinks around here and it ain't the brown stuff I just did in my pants...only chumps, suckers and fools wouldn't be scared shytless either that or they are full blown psycho..
The FED has increased monetary supply by 26% in the past year....AND IS INCREASING IT BY 120B EVERY month... man is it any fkin wonder why the USD just wobbled after a shot to the like that...it has put the whole world on fkin queer street...and what makes it even more fkin terrible is that the whole world economy revolves around the very USD that they are fkin with..talk about consequences....
Well people are scared and are running to sumthin that seems safe to them which is ??? out of the orbit of the USD.. can you say CRYPTO...
It all amounts to another avoidance of having to face reality and face the pain as a consequence of your behavior. In other words you have brought this shyte upon yourselves through your perceptional mindset of believing you are the same rich nation of past glories (the corollary of course is that someone else is to blame for the screw up and if we just got the right policies in place it would all be hunky dory again..swell) .. I am the voice in the wilderness on this one. I have yet to hear one other soul articulate this insight...
Not getting it, not seeing it is what has doomed you all...you are going right to the bottom..where your silly notions will be knocked right out of your fkin heads..being cold and hungry will do that to people.
BTW..sumthin that most do not fully get..is that there are indivdual perceptions and there are also COLLECTIVE/Societal or Animal Spirit perceptions. They are intertwined. You have to have personal clarity to be able to delineate the difference and to know which is reality and which is fantasy. Americans by and larger are living in a fantasy world of being a rich nation as exemplified by the CIC President Joe Biden saying, "We can afford it"..sic another 2.3T spending bill... At some point you have to stop thinking you can afford it...either by reality intervening or by realization....well we is past the point of realization the die has been cast..the shyte has taken on a life of it's own..just like WW1 where both sides realaized it was a losing game but could not get out of it..they were committed.
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"Some Observer"
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