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I’m of the belief we’ll never see asset deflation again
- Thread starter SammyJ
- Start date
Load up on copper, nickel, tin and aluminum. The momentum in that direction is currently a bullet train, which would bear out your thesis. Oil, all kinds, even more so. All in backwardation. Turning around that amount of money is measured in quarters, not days. Demand is everywhere. People want it all yesterday. It’s not subtle.
my future index rolls today even paid me to be be long.
but your posting beliefs in a forum about trading. What does one have to do with the other? Other than to bias yourself
my future index rolls today even paid me to be be long.
but your posting beliefs in a forum about trading. What does one have to do with the other? Other than to bias yourself
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Well since the minimum wage is going to be $15 an hour the store owners will of course have to greatly inflate prices to pay their employeesthe 80% who don’t own assets paying $15 for a value meal and $8 for a loaf of bread.
Thank the Democrats
I very distinctly remember hearing a lot of this "...never happen again" talk just before the dot com bust. There really haven't been many if any actual "...never happen again" moments in financial markets over the last 200 years or so, but thousands of anticipated "......never happen again" moments.The punishment will be the 80% who don’t own assets paying $15 for a value meal and $8 for a loaf of bread . But the old days of waiting for assets to collapse like housing to buy cheap will never happen again.
Load up on copper, nickel, tin and aluminum. The momentum in that direction is currently a bullet train, which would bear out your thesis. Oil, all kinds, even more so. All in backwardation. Turning around that amount of money is measured in quarters, not days. Demand is everywhere. People want it all yesterday. It’s not subtle.
my future index rolls today even paid me to be be long.
but your posting beliefs in a forum about trading. What does one have to do with the other? Other than to bias yourself
Treeman, two questions on your post. Any ETFs or funds or stocks that I can get into to get into copper, nickel, tin and aluminum that you would recommend? Also, I've been loading up on metals to the tune of ~$2,000 per day for like a month now, plan on accumulating at that level for well over a year. But I've been buying mostly silver, some gold ETFs. Do you consider those two metals inferior to the ones you listed? Not as good as inflation hedges for some reason?
Thanks Treeman!!!
Well since the minimum wage is going to be $15 an hour the store owners will of course have to greatly inflate prices to pay their employees
Thank the Democrats
A high minimum wage is a blessing to the robotics and automation industry.
I very distinctly remember hearing a lot of this "...never happen again" talk just before the dot com bust. There really haven't been many if any actual "...never happen again" moments in financial markets over the last 200 years or so, but thousands of anticipated "......never happen again" moments.
So, normally I'd totally agree with you Sig. But I don't think SammyJ is saying we'll never have down days in the markets and what not. What I think he is saying is that, given that they printed like 23% of all dollars in existence in the world LAST YEAR, there is no end in sight to the printing, and more than likely it will only increase more and more, big inflation numbers, and indeed hyperinflation, can't be too far pff down the road. And I agree with him 100%. Boiled down I think he's saying there were no significant price decreases in the Weimer republic - nothing is going down in price for any significant amount of time when there is a 322 percent monthly inflation. Same here - if the government keeps printing money at a 23% annual rate, market and other prices are only going UP in the long run. And its only going to get worse.
Sure, there will be some blowout event eventually, and some new or reformed government will stop the insane policy, but for the time being all we see coming down the pipe is high inflation and hyper-inflation, and rising prices are going to be with us for the long foreseeable future...
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