TheLastBagholder

[TheLastBagholder @thelastbaghold]

The ASX Casino

[TheLastBagholder @thelastbaghold]

@morsebolt @samstrades @bowtiedstocks 50% falls in real estate don’t happen in an inflationary environment.

[TheLastBagholder @thelastbaghold]

@putthatupya @chid8mscjs9 @samstrades @bowtiedstocks Yep agree, will be 2-3 years of pain, and then off to the races again.

If you have been waiting for an opportunity to buy and you miss this current window, 🪨

[TheLastBagholder @thelastbaghold]

@chid8mscjs9 @samstrades @bowtiedstocks A few policy changes, lower risk weightings for loans, increased lending incentives for business/housing (dont forget all the shit was announced in COVID).

And then there is the massive government capacity to spend + Superannuation.

So much that can (and will be done)

[TheLastBagholder @thelastbaghold]

@SpachusAus @samstrades @bowtiedstocks Healthy pullback - will keep running once sectors washed out some of the frothiness.

[TheLastBagholder @thelastbaghold]

@samstrades @bowtiedstocks peak to trough will be 20-30% when all is said and done.

Doomsdayers are in for a rude awakening and as always will miss the run up.

[TheLastBagholder @thelastbaghold]

@samstrades @bowtiedstocks No chance - the private debt will be rolled onto the government balance sheet.

Aus Government debt-GDP is 35% - US has 100%, Japan 200%.

We have capacity to print our way out of any problem (at-least once or twice)

[TheLastBagholder @thelastbaghold]

@jogiljose @bowtiedstocks yep and they will lose money, some will sell for a modest loss, some will try hold on and sell for slightly bigger losses.

But to fall for 50-60% declines are not going to happen.

[TheLastBagholder @thelastbaghold]

@bowtiedstocks Bigger chance of Inner city property pumping 100% from here than halving.

Houses won’t trade at 2x incomes…

[TheLastBagholder @thelastbaghold]

@nrossett @bowtiedstocks Okay, if we are talking $10M property going to $9.5M, but those folks are immune to this anyway

[TheLastBagholder @thelastbaghold]

Gigachad = Rayleigh Finlayson

[TheLastBagholder @thelastbaghold]

@bowtiedstocks What goes up must come down,

what comes down, must go up.

[TheLastBagholder @thelastbaghold]

@bowtiedstocks Skill

[TheLastBagholder @thelastbaghold]

@Ruycorto Looks like 95% of all charts

[TheLastBagholder @thelastbaghold]

@Frank_Giustra @DanielaCambone @fioregroup The irony!!!

[TheLastBagholder @thelastbaghold]

@fthegurus Hycroft and Kobold Metals $50k each

[TheLastBagholder @thelastbaghold]

$KAO

[TheLastBagholder @thelastbaghold]

@TwinTurboCe1ica Will average out to 1% grades over the whole interval (with pockets of high grade).

Also have a feeling the strike extents going to be relatively small.

Well done to holders so far, but at $200M more can go wrong than right

[TheLastBagholder @thelastbaghold]

@ChuckChunder007 One of your worst pieces of work this one

tsk tsk

[TheLastBagholder @thelastbaghold]

@PeterSchiff

[TheLastBagholder @thelastbaghold]

@goldseek