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    Time to sell Nvidea? Meta and Google announce they'll make their own "in-house AI chips"

    I wish the people who wrote articles would at least reach out to someone who knows what the bleep they're talking about rather than making up meaningless drivel like this. That level of laziness makes one question everything else they touch.
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    Tether Now Holds Over $5 Billion Worth of Bitcoin to Back USDT (But Should It?)

    Honestly no idea. The hardest part of going short is knowing when. You can read about people having their suspicions about Madoff at least a decade before. This is the brilliance that they never give Michael Burry enough credit for. He didn't just know that defaults would happen, but also...
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    Tether Now Holds Over $5 Billion Worth of Bitcoin to Back USDT (But Should It?)

    It always amazes me how little critical thought is put into major financial decisions once crypto becomes involved. It's like people are begging for the next FTX. Go to tether's web site... Look at how many different coins they have and how many types of assets they claim to have to back them...
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    $Silver leaving the station

    Explain to me how you're going to "demand" delivery when the contracts clearly state that they can be settled in dollars? Stand on the street with a bullhorn? Sue them in a NYC court? There's possibly money to be made if you acquire a significant amount of deliverable silver bars and catch a...
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    $Silver leaving the station

    Who's to say "they" will let the paper price go up? Per the rules, contracts don't have to be settled in silver so the forcing function is gone. They can just pay you off in dollars they borrow at low cost. Now, you might see a huge divergence between paper and physical prices, but it going...
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    Tether Now Holds Over $5 Billion Worth of Bitcoin to Back USDT (But Should It?)

    Massive revenue with almost no employees is a key indicator of a bubble. See the French Mississippi company for an example.
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    Tether Now Holds Over $5 Billion Worth of Bitcoin to Back USDT (But Should It?)

    You think. But since they're not audited, there's no good reason to believe it. Even companies with audited financials get busted cheating (wirecard). Without audits, you'd be a total sucker to buy what they're selling.
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    The market is SO WRONG at this point

    Sure I can. Large crowds of people do dumb things all the time. Crack a history book. The way you're trying to split hairs is silly. It would be like me say "The price on that house is crazy" and you saying "the price is just a bunch of numbers". It's silly. We all know that when we talk...
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    The market is SO WRONG at this point

    Both. The way you're trying to define irrational, it would have no meaning. Someone could say they're a purple unicorn and they would acting "rationally" as long as they believe it. Being rational is a helpful in avoiding huge mistakes. Being irrational allows you to buy things for stupid...
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    The market is SO WRONG at this point

    Ridiculous. The market is just a bunch of people and people are wrong all the time. Remember where wirecard had a billion dollars in assets vaporize off their balance sheet? 2008? Dot com boom? Enron? Mci? Mf global? Crazy Eddy?
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    When you buy a Treasury on the Secondary Market thru a broker, who owns it?

    https://www.treasurydirect.gov/auctions/how-auctions-work/where-you-hold-securities/commercial-book-entry-system/
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    Funny how price gets normalized.

    It's all about psychology. Do people think they're going to get rich quick? Bitcoin price appreciation requires an ever increasing amount of FOMO.
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    Support ignoring emails?; account equity-based auto-liquidation

    My experience with ibkr support is less than impressive. You can call on the phone, but the phone person seems to act like they can't do anything themselves and asks you to fill out a ticket. You get the impression they're just trying to get you off the phone as quick as possible. I would...
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    150k bitcoin predicted by lee,,..1 billion by others!!

    It amusing to watch all these bat guano insane Bitcoin price projections that just draw lines on a chart an completely ignore things like the size of the global monetary supply. Say totally global wealth is about $500 trillion. With 21 million Bitcoins that's about 24 million per Bitcoin. So...
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    Treasuries vs Bank CDs.

    Why does anyone think rates are going to fall when debt is exploding? If the US wants to protect the exchange rate, they have to pay interest. If they don't protect the exchange rate other countries will stop using the USD and they can't export inflation. Then domestic inflation goes nuts...
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    Treasuries vs Bank CDs.

    Treasuries are still better. They can be sold through your broker at will. Even if the tax advantages don't matter to you they may to the next owner. CDs really should be paying more to offset their credit risk, lower flexibility and tax status. Of course banks have access to special...
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    Value Investing

    This I'm calling BS on. You cannot use fundamental analysis to predict price movement on a several day time scale. The data is reported quarterly. Even if you had secret illegal backdoor access into the live financials of a company, the rest of the market doesn't. You can look at the live price...
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    Market manipulation

    People are going to get filthy rich tricking ai. For example Execute two different trades staggered by 5 min in different stocks over and over again until the AI "learns" about it, then flip the trade and crush the AI.
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    Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike ab

    These people will be lucky if interest "spirals" to 7%. 30 day UST is already 5.54% All has to happen is for the yield curve to stop being inverted.
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    Value Investing

    This. Please actually read Graham. Then talk value investing. I look at everything I buy from a value perspective. Graham has some key tests for what is a value. You need to consider a variety of factors besides p/e such as debt. Value investing is specifically not just chasing price...
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