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  1. The_Krakenite

    Peter Schiff: Somebody Has To Pay For Student Loan Forgiveness

    Aint got no time fo Dat!!!
  2. The_Krakenite

    Price of electricity in Germany rose 1095% since last year!

    The teachings of Athens thousands of years ago, already knew that Democracy had fatal flaws. One of them being that any system which allows the SAME vote by the 'village idiot' is going to have some repercussions. Even today, nothing has changed. A politician only cares about their 4-year term...
  3. The_Krakenite

    Price of electricity in Germany rose 1095% since last year!

    Those German hippies are taking it like a Champ. I guess after getting screwed by the UK and France after WWI surrender, nothing phases them... Having no hot water for showers is still paradise. Who needs a shower besides Putin anyway? And then, you have the spoiled UK groupies who couldn't...
  4. The_Krakenite

    Peter Schiff: Somebody Has To Pay For Student Loan Forgiveness

    Reaganomics is interesting to study. Up to his point in time, it was generally desirable for presidents to try to minimize spending and to keep things in check and balanced, etc. Then Reagan comes along, and blew up the debt so high that even today it has never been fully paid off. Think about...
  5. The_Krakenite

    Peter Schiff: Somebody Has To Pay For Student Loan Forgiveness

    Schiff said it won’t likely be a one-time thing. This will create a moral hazard. If they do it once, they’re going to do it again. Everyone is going to expect it... The moral hazard there is nobody is going to pay for college. Nobody is going to work to try to avoid going into debt because...
  6. The_Krakenite

    Today's run-for-the-exits @ market close

    Oh boy, Youtube Vids by BitCoin maxis? I remember vids by orthodox religious gurus telling me how the end of the world is just around the corner, and Jesus is going to come from the heavens...
  7. The_Krakenite

    Dividend Stocks Questions

    The grass is always greener on the other side. Growth vs Dividend stocks go in cyclic fads over time, with every new person into investing trying to feel like a GENIUS guru. At the current moment in time, there is a big trend of millennials thinking dividend stocks is some superior way to...
  8. The_Krakenite

    Today's run-for-the-exits @ market close

    If that were the case, then purchasing PUTs would be pretty silly when all you had to do was buy a bit of crypto. You'd be hedged, and have no time-to-expiration.
  9. The_Krakenite

    Today's run-for-the-exits @ market close

    Was watching the S&P go to shit at work today... Now that the bear-market-rally ran out of steam... how now brown cow? Crypto is selling off in tandem... If equities keep dragging crypto down like this next week, I may be forced to find more avenues to buy even more :) May those who...
  10. The_Krakenite

    The Greek Debt Crisis Stock Market Shut Down: Could It Happen In The US?

    Not directly related to FIAT banks exactly, but there are a few points in there, particularly near the end of the video.
  11. The_Krakenite

    What are you presently reading?

    Keynes used to be a ForEx trader too IIRC... one of the few who did manage to make lots of $ doing that, and then he almost lost it all.
  12. The_Krakenite

    Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip

    I have been keeping en eye on physical gold (and copper) miners. Particularly after reading more from Dalio. However, I just don't see any entry point that I'd like right now. Maybe I'll regret saying this 6 months down the road though. Haha!
  13. The_Krakenite

    Go Woke, Get The Hell Out: Texas Bans Wall Street Giants Blackrock, Credit Suisse...

    BlackRock, BNP Paribas, and Credit Suisse are among the list of firms that Texas has just issued that will now be banned from working with the state due to their hostility to the energy industry. https://www.zerohedge.com/political/texas-issues-list-energy-boycotting-firms-banned-working-state
  14. The_Krakenite

    Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire”

    I have heard that said so many times about Gold, despite it's stood the test of time many thousand years over.
  15. The_Krakenite

    Apple ... SELL it all and close out all LONGS

    He's playing it safe. After all, Dan Pena would be trading on 'insider' information there. :D Only Pelosi gets that divine right :banghead:
  16. The_Krakenite

    Apple ... SELL it all and close out all LONGS

    I'm half-tempted to want the Merge to blow up by a singularity bug, and suck Ether into the black hole... then Morgan can shit-post all his "It's going to zero!" threads again. I wonder if he's really Dan Pena?
  17. The_Krakenite

    Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire”

    I got fucking destroyed by WokeFlix. And I even tried to choose the perfect entry...
  18. The_Krakenite

    Today is a good day to --

    Bro, we've already been in it for over 6 months now...
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