Rob Giles

[Rob Giles @RobbieG6000]

@RaoulGMI Every bubble needs a convincing narrative and the convincing story tellers to go with it. It's not different this time.

[Rob Giles @RobbieG6000]

@nonestlex Know anyone over there who wants an experienced trader, risk manager, previous business owner? DM me if you have any ideas.

[Rob Giles @RobbieG6000]

@graddhytrading G do you look at SPPP - Sprott Physical Platinum & Palladium Trust? Technicals look good as well, esp the Weekly chart.

[Rob Giles @RobbieG6000]

@HenrikZeberg Do you still see btc rallying before the major risk off event?

[Dave Hughes @DHughesy]

Labor’s digital minister Andrew Charlton sold his ‘consultancy’ business to Accenture in 2020 for 35 million, almost all of the price was for ‘goodwill’. He then worked for Accenture for a year before becoming the Labor MP for the then safe seat of Parramatta. Accenture get so many massive taxpayer funded contracts, like almost 100 million they got for the disastrous BOM website. That didn’t slow down further Govt contracts for Accenture. Now Qantas sack 850 workers and sling Accenture a vast sum to handle the jobs from India. We are so let down by our leaders.

[Rob Giles @RobbieG6000]

@Chris7662 @Please_NoLabels @DaveHcontrarian @simple_setups @AchillesofHomer @Presidente_Pang @Researcher71222 @troll_buddy @Ali74475Ali @SJones67581 @VasSze95415 @jammin_jp @burlingamespurs @RogierTaylor @m24ffa @Diego1357342 Wow there's a lot of pent up anger in this channel. Think this will be the last time I ask a clarifying question (not directed at you David).

[Rob Giles @RobbieG6000]

@graddhytrading I don't know why you bother with them. Trading View is the way to go.

[Rob Giles @RobbieG6000]

Thanks for your reply. I own all my trading decisions and I'm open to views opposing mine. Any good trader is always trying to look at both sides to stress test their thesis. FWIW I'd be surprised if the top is in, given how nervous sentiment has been. I'm wrong if there's a global credit crisis, which isn't beyond the realms of possibility.

[Rob Giles @RobbieG6000]

@DaveHcontrarian @jammin_jp @simple_setups @burlingamespurs @RogierTaylor @m24ffa @Diego1357342 @alejandroCOVA David, at what point do you revise your bullish targets down? Is there a technical level, or sentiment reading that has to trigger for you to pivot to bearish?

[Rob Giles @RobbieG6000]

@ausstockchick you really believe the Libs are a legitimate opposition? The uni-party concept has proven to be a real dynamic. We live in an illusion of democracy. Both sides are bought off by globalists.

[Rob Giles @RobbieG6000]

@RennickGBR Respect

[Gerard Rennick @RennickGBR]

This sort of influence can’t be allowed to happen in Australian politics. Australia must reject foreign influence at all costs least we end up in more costly wars.

Gina Rineharts comments about giving free land to Israel or any other country for that matter need to be called out.

Unlike One Nation, People First won’t bend the knee to foreign lobby groups and we won’t take money from people that support giving our land and tax breaks to foreigners.

To put Australia First, join People First at https://t.co/PeAaJW2X9d

[#𝕎𝕒𝕣 ℍ𝕠𝕣𝕚𝕫𝕠𝕟 @WarHorizon]

People in Paraguay are now dragging politicians on the streets and trashing them.

The President resigned in fear.

This came as Ueno Bank, used by 60 percent of Paraguay's adult population, suspended operations due to insolvency, freezing the accounts of 3 million people.

[Dave Hughes @DHughesy]

Why? This is some of the biggest cash heists in Australian history.

[Rob Giles @RobbieG6000]

@Ausbobsmit You can’t make this shit up

[Rob Giles @RobbieG6000]

@graddhytrading G are you opening any positions in PMs?

[AI Notkilleveryoneism Memes ⏸️ @AISafetyMemes]

@hilbertspaess

[Rob Giles @RobbieG6000]

@graddhytrading The weekly chart looks very constructive imo. False break out with positive divergences across most of the Mom indicators.

[Rob Giles @RobbieG6000]

@DariusDale42 Thanks for the level headed insights Darius.

[hugh hendry | acid capitalist @hendry_hugh]

the rba is raising fucking interest rates as we approach the ai singularity.

bunch of kunst

today they raised their cash rate to 4.85%. rate settings at two decimal points of absurdity.

they cite the middle east oil shock and, astonishingly, the inflationary effects of ai investment.

yep. ai. the same technology that might be about to make vast quantities of human labour economically redundant.

and they're worried about the price of computers. i'm worried about the price of human beings.

think about the sequence. first comes the extraordinary spending on data centres. shortages of chips. rising electricity demand. inflation.

but what happens when the machines start doing the work?

what happens to wages when employers discover they need fewer people? what happens to consumption when the mortgage is still there but the salary isn't?

that's the deflationary carnage i'm trying to imagine.

and the grey suits in australia are staring at today's inflation print and raising the price of time.

to be fair, they've got an argument. domestic capacity is tighter than they thought and inflation expectations have risen. i understand that.

but house prices are already falling. unemployment is rising. three of the nine board members wanted to hold.

and now they're tightening into what could become the greatest labour-displacing technological revolution in human history.

perhaps ai delivers a productivity miracle without the unemployment catastrophe. i'd love that.

but imagine the alternative.

a country drowning in household debt discovers that the value of human labour is falling just as the central bank makes servicing that debt more expensive.

they're fighting the inflationary cost of building the machines.

i'm terrified of what happens when they switch them on.

🌴🏴‍☠️