Phillip M Carney

[Phillip M Carney @PhinessInc]

@BOOMFinance @PaulGambles2 @LinkedIn @scientificecon @ProfSteveKeen Great analysis on electric car sector. Interesting also with tesla given current political momentum specifically against Musk

[Phillip M Carney @PhinessInc]

@frankoz95967943 I've always maintained, against the Austrian narrative that gold is not a hedge so much on inflation or inflation expectations as it is on a private debt induced financial crisis. It's only the calamity that will drive it to significant new highs like 3500 to 4000 oz

[Phillip M Carney @PhinessInc]

@frankoz95967943 So is the finance usually with the matching SOE

[Phillip M Carney @PhinessInc]

@frankoz95967943 Depends what currency. Capital flight to the SA rand unlikely. Think you should be clear on individual currencies?

[Phillip M Carney @PhinessInc]

@frankoz95967943 One of the most amazing threads I have read in a very long time.

[Phillip M Carney @PhinessInc]

@frankoz95967943 Wow. Correlation 0.9?

[Phillip M Carney @PhinessInc]

@TuckerCarlson Issue is not debt. It's abt a balanced economy where debt is channeled proportionately into productive assets and equipment to drive productivity and output. Instead we have ponzi lending into non productive assets like house that produce 0 once built and margin debt for Wall st

[Phillip M Carney @PhinessInc]

@scientificecon Are you currently in the UAE? If so are you doing any further presentations?

[Phillip M Carney @PhinessInc]

@scientificecon Absolutely on point

[Jim Rickards @JamesGRickards]

Recent annualized inflation figures:
June 3.0%
July 3.2%
Aug 3.7%
Sept 3.7%
Oct 3.2%
This is what real people actually pay, not the "core" or "super core" made up by economists. Hold the applause. Doesn't look like 2% to me.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Hyperinflation chart of the day

[Historic Vids @historyinmemes]

Dale Schroeder, a unassuming and hardworking man from Iowa, led a simple life as a carpenter, dedicating 67 years to the same company. His upbringing in poverty and the absence of a family of his own never deterred his commitment to his work or his humility.

His friend, Steve Nielsen, painted a picture of Schroeder as the quintessential blue-collar worker, someone who labored diligently every day, lived modestly, and epitomized the values of the people in Iowa.

Schroeder’s unpretentious lifestyle hid an extraordinary secret. When he passed away in 2005, the extent of his wealth astounded those who knew him. As Nielsen mentioned, Schroeder didn’t possess fancy clothes; he had two types: church jeans and work jeans.

Before his passing, Schroeder had a plan for his savings. He approached his lawyer and expressed his heartfelt desire to support students in pursuing a college education. His wish wasn't just to help a few kids—he wanted to make a significant impact.

"Dale never had the chance to attend college himself. He wanted to give kids that opportunity," Nielsen shared. Remarkably, Schroeder’s savings weren’t just enough to send a handful of students to college; his foresight and frugality amassed a fortune substantial enough to finance the college education of 33 young individuals.

In a touching and generous act, Dale Schroeder's legacy lives on through the countless lives he touched and transformed by enabling their pursuit of higher education.

[Phillip M Carney @PhinessInc]

@BOOMFinance @LinkedIn @PaulGambles2 @scientificecon @ProfSteveKeen @ProfessorWerner Really interesting take. Agree on Bonds. Interesting pimco Zros got as low as mid 60s. They are up 10% roughly off that. Interesting to see if that was the bottom and where it may go in say 12 to 18 months. Thoughts?

[El Gran Cabron @SamuraiElf]

If you're looking for a savior at the ballot box, its never going to happen.

[Prof. Steve Keen @ProfSteveKeen]

Tychos Weekly Comment - A Snapshot of Australia's Economy https://t.co/RInu6bJT1l via @YouTube

[Paul Gambles @PaulGambles2]

@PhinessInc agreed but no way Feds will do it in time!

[Phillip M Carney @PhinessInc]

@PaulGambles2 The need for QE for the people and targeted government spending

[Phillip M Carney @PhinessInc]

@PaulGambles2 Agreed

[Phillip M Carney @PhinessInc]

Is the bottom in on Zros @PaulGambles2? I keep looking at this thinking upside v potential downside with a 2 year investment window. Am I missing something?

[Paul Gambles @PaulGambles2]

@PhinessInc Has to be a great buying opportunity -
in a balanced portfolio it's exceptionally low-cost insurance in an expensive market
In a tilted portfolio, it's the best priced reward to risk of any capital market asset IMO...