Just some pleb who has too much interest in financial markets, policy & overall general topics for my net worth. Gold, Silver & Crypto with some Woo in the mix!
How were people on an H1B work visa allowed to get FHA housing loans that are backed by the federal government? There are so many videos on TikTok of Indian realtors advertising these loans and some are saying no money down needed.
I’ll never forget at the end of The Big Short Ryan gosling longingly monologues about how people blamed “immigrants poor people and teachers” meanwhile it turns out it was literally because of immigrants poor people and teachers
A part of me thinks that some dude bros got a bit too happy last night at JG's party last night at benefit concert the art gallery wing he built last night & bought way too much crypto after the Devo was called because of the lightning strikes nearby. Totally a Buffalo 4am thing
You laugh but this is something you can do if you get some foreign sounding person who came to the USA and was hired within the last 5-6 years when calling the iRS. The person in Puerto Rico is much better than the new arrival hired by the Brandon Admin.
Life hack: don't want Indian tech support? Ask for Spanish then just speak english to the spanish guy, they'll know english every single time and be way more willing to actually help
>hire retarded Indians because cheap
>Indians have fake credentials
>Indians can't code
>Indians just have AI do everything
>Indians also use AI to check horoscopes and make porn
>$500 million bill
>company goes bankrupt
Cheap labor is the most expensive thing in the world.
Once you hit about a 20-point IQ gap, communication starts to completely break down.
It's not that the lower IQ person is "stupid" (although that can often be the case) or the higher one is arrogant, it's that you're literally operating on different systems.
A 20 point difference (roughly 1.3 standard deviations) means:
Vocabulary and abstraction levels diverge sharply. What feels like crystal clear logic to one side sounds like vague, pretentious word salad to the other. Jokes land flat. Metaphors get taken literally. Complex cause and effect chains get simplified into "this good, that bad."
Different time horizons and pattern recognition. One person thinks in months or years and sees systems, the other is locked into days or immediate rewards. Trying to explain second order effects feels like speaking another language.
Also, processing speed and working memory gaps. The higher IQ person is already three steps ahead, getting impatient. The lower IQ person feels talked down to or overwhelmed.
Both walk away frustrated.
Both have wasted each others time.
Silver has the MOST FAMOUS cup & handle pattern.
Now halting at its first YEARLY defined measured move target of $70-$75 area (handle depth).
After we get done with an IMPORTANT CORRECTION, the next target on deck is $275 (cup depth).
This is what I posted on X (Twitter) back in 2022. It is my pinned post for the last 4 years. I updated it to make it sound better:
A revaluation of gold (and silver) prices will hurt the vast majority of people around the world. Only those holding physical gold (and silver) will be largely spared. This is basically a move by global central banks and governments to capture productivity from the general public—using it to pay down their debts and finance government spending.
Gold and silver miners serve as proxies for physical gold and silver.
Once physical gold (and silver) becomes hard to buy or falls into short supply—and ETFs get exposed as lacking real physical backing—mining stocks will explode higher. At that point, they’ll be one of the few remaining ways for the average person to get exposure to the massive upside in physical gold and silver prices.
#Gold #Silver
@texasrunnerDFW Compare the rate of return with Gold Stocks against Home Prices specifically Abnb/STR's over the last 24-36 months specifically. Timing is 20-20 but the perfect play would have been to offload RE and put it into even the $GDX
Selling options is going to be a very interesting as the premiums will be very juicy. I sold some $AEM covered call contracts near the all time high for next week for $32. Now it will have to move appropriately $20 to get there.
It's hard to ignore what's happening with silver recently.
What fascinates me is how few are interpreting this move through a hyperinflationary lens.
Instead, the prevailing narrative is that prices are overstretched and due for mean reversion — a view I strongly disagree with.
The chart below serves as an important reminder of the extreme volatility gold experienced during the Weimar period from 1914 to 1925.
From a price-behavior standpoint, the resemblance is hard to ignore, despite obvious differences in today’s political and economic environment.
Let me be clear:
Silver is not making new highs because miners are recklessly deploying capital or because supply is surging.
In fact, we’re seeing the opposite.
There have been no major discoveries, no meaningful supply response, while demand continues to rise structurally, all while a monetary crisis quietly builds.
This is the kind of price behavior typically observed in emerging markets when confidence in the currency is eroding.
According to Grok, if everyone stops paying taxes, the IRS has zero chance of keeping up with it and would go into a total meltdown. Meanwhile the US government would have to concede defeat and negotiate with the power of the people for tax exemption indefinitely.
@clif_high Honestly if you have dealt with or seen the caliber of people that they've hired over the last 4 years of the prior admin, that is a logical deduction. You may call & get a very 4reign sounding person. There basically were hiring people out of the WallyWorld parking lot W/Bonues
@clif_high 2026 another year of minted millionaires of people who took his advice from years ago. Just like the ones who listened to the old ALTA reports concerning BTC