Frontline Age of Easy Money (full documentary)

[dukadan]

Wow I made it through the whole documentary. Its very interesting and did a great job presenting our current state with Powell raising rates. A flashback and history lesson refresher.

https://www.youtube.com/watch?v=EpMLAQbSYAw&t=3s

[Atlas Shrugged]

Yes, it really outlines how much the market is now distorted due to unconstitutional policies. And there is no way back.

[silverone]

Yes, it really outlines how much the market is now distorted due to unconstitutional policies. And there is no way back.

sad days for sure..

[dukadan]

Well if I spend 3k a month to live 10k is only 3 months reserve of cash would need 20k for 6 months.

Motocat are you there? If you come here or I go to mainland would love to pick up a couple oz's for something reasonable over spot

I watched a video about NYC office vacancy rate hits new high. Is the same thing happening in SF? I can only imagine the homelessness and drug abuse its no wonder people would want to leave esp as layoffs in Silicon Valley increase. Is this a reflection of Feds buying MBS?

https://www.youtube.com/watch?v=i3yc0k_SeTE

[motocat]

Motocat are you there? If you come here or I go to mainland would love to pick up a couple oz's for something reasonable over spot

I watched a video about NYC office vacancy rate hits new high. Is the same thing happening in SF? I can only imagine the homelessness and drug abuse its no wonder people would want to leave esp as layoffs in Silicon Valley increase. Is this a reflection of Feds buying MBS?

Let me know when you will be here, I travel frequently, as part of my "bug out plan" research, next to Portugal. Here is S.F., a lot of the office space was for tech workers; so many of them like to work remotely (like from Bali), refuse to return full time, so the central financial district still has a high vacancy rate, like 30%. The homeless and crazies wondering the street don't help. Why go to work when you can save time and stay safe at home in your jammies? Many of these techies are not exactly socially inclined, so they don't like to see people anyway. What kind of gold bullion to do prefer, and what kind premium are you looking for? I can also direct you to the best local dealer if you prefer. Do you ride motorcycles?

[dukadan]

Motocat are you there? If you come here or I go to mainland would love to pick up a couple oz's for something reasonable over spot

I watched a video about NYC office vacancy rate hits new high. Is the same thing happening in SF? I can only imagine the homelessness and drug abuse its no wonder people would want to leave esp as layoffs in Silicon Valley increase. Is this a reflection of Feds buying MBS?

Let me know when you will be here, I travel frequently, as part of my "bug out plan" research, next to Portugal. Here is S.F., a lot of the office space was for tech workers; so many of them like to work remotely (like from Bali), refuse to return full time, so the central financial district still has a high vacancy rate, like 30%. The homeless and crazies wondering the street don't help. Why go to work when you can save time and stay safe at home in your jammies? Many of these techies are not exactly socially inclined, so they don't like to see people anyway. What kind of gold bullion to do prefer, and what kind premium are you looking for? I can also direct you to the best local dealer if you prefer. Do you ride motorcycles?

IDK probably 50 gram valcambi combi bars. Cannot find them here and prefer fractionals. It just doesnt make sense to buy anything online with the 4.712% sales tax here plus premium over spot. I really dont have any inclination to go to mainland anytime soon. Generally a generic one ounce coin or bar here goes for 150$ over spot. Fractionals much more.
I used to ride motorcycles but now all I have is a Piaggio Fly 150 scooter. Its fun to zip around town for small errands if not raining. Hard to find parts and feel safer in a small car. I somehow inherited the bike from a hedge fund manager who bought it for his inhouse servant from Bali back before the financial crisis. The servant got caught screwing around with another maid. The servants were let go along with the bike with still less than 3000k miles on it. The hedge fund manager went to Hong Kong to start a new branch of the company. Then he went to Nelson NZ during the peak of financial crisis. Then he gave up on hiding and went to Brazil to open a yoga studio with his Brazilian trophy wife. I nearly want to dump the silver I have for gold simply because silver is not on a central banks balance sheet and too bulky. someday one day silver might go back to 50$ but am turning blue holding my breath waiting.

[dukadan]

There is probably a better thread on this forum to ask a question about short selling. I really dont see anything wrong with shorting stocks. But this seems to be a taboo subject with people and for some reason feels dirty for them. Doesn't shorting the market keep a check and balance in the market? If there were no shorts it would only go up. right? It doesn't seem fair that most people seem to be conditioned on a 1 way street or get a woddie stocks will go up but back off buying in a bear market. Jamie Diamond came out asking regulators to ban shorting bank stocks. This is exactly what I would want to do first if I open a brokerage account. We have been long for so many years isnt it okay to ride the bear and make money on the backend? Interactive brokers was suggested with a mim balance of 10k. not much to play with. My neighbor started with 17k 3 years ago has turned it into 148k going long. I knew a hedge fund manager who made a fortune shorting TEPCO after the tsunami in Japan. Redrum do you have a strategy to play the market on any dips? or is this whole shorting idea too risky before interest rates kick in and the whole debt ceiling debacle plays out.

[t00nces2]

Well if I spend 3k a month to live 10k is only 3 months reserve of cash would need 20k for 6 months.

Motocat are you there? If you come here or I go to mainland would love to pick up a couple oz's for something reasonable over spot

I watched a video about NYC office vacancy rate hits new high. Is the same thing happening in SF? I can only imagine the homelessness and drug abuse its no wonder people would want to leave esp as layoffs in Silicon Valley increase. Is this a reflection of Feds buying MBS?

https://www.youtube.com/watch?v=i3yc0k_SeTE

Motocat are you there? If you come here or I go to mainland would love to pick up a couple oz's for something reasonable over spot

I watched a video about NYC office vacancy rate hits new high. Is the same thing happening in SF? I can only imagine the homelessness and drug abuse its no wonder people would want to leave esp as layoffs in Silicon Valley increase. Is this a reflection of Feds buying MBS?

Let me know when you will be here, I travel frequently, as part of my "bug out plan" research, next to Portugal. Here is S.F., a lot of the office space was for tech workers; so many of them like to work remotely (like from Bali), refuse to return full time, so the central financial district still has a high vacancy rate, like 30%. The homeless and crazies wondering the street don't help. Why go to work when you can save time and stay safe at home in your jammies? Many of these techies are not exactly socially inclined, so they don't like to see people anyway. What kind of gold bullion to do prefer, and what kind premium are you looking for? I can also direct you to the best local dealer if you prefer. Do you ride motorcycles?

https://www.businessinsider.com/san-...is-2023-4?op=1

Seems to big a big price reduction on at least one San Fran highrise.... Anyone want to go halfsies on a $100 offer?

[SilverPalm]

https://youtu.be/QSW220PJvvk

Zoltan had a lot of interesting things to say about the situation at hand.

The bottom line - he says that QE is coming back.

[brutus2]

https://youtu.be/QSW220PJvvk

Zoltan had a lot of interesting things to say about the situation at hand.

The bottom line - he says that QE is coming back.

Listening to him, it does not take long to tell he is a very smart guy in the subject of finance.
He also has an impressive background, with some international flare.

He was not giving the host ( Bitcoin conference) much to crow about with his view on Bitcoin, which seemed neutral, at best, or perhaps he was just being polite.