Virtual vs Real Estate (Inflation, Real-Estate, and Government)Gavin Newsom has been bragging about CA's $31B surplus this year but we know that the state has been struggling for a while now. A locked-down economy and people/jobs leaving the state will kind of do that. CA owes the Feds $21B in unemployment debt, btw.
www.sacbee.com
Looking at the budget closer, you'll see that they gave educational institutions a modest increase (not enough to off set the damage COVID regulations they made them follow, of course) while most essential services are actually getting massive cuts.
www.ebudget.ca.gov
That 66% cut in environmental protections is pretty much a slap to the face to environmentalists everywhere. (Maybe that had something to do with why Newsom "disappeared" during the climate summit last year.😂) But Big Pharma and corporate tax cuts are doing great, at least.
If budgets could give the middle finger to taxpayers, this is probably as big as a flip as you could get. We had the chance to get rid of Newsom last year so guess he felt emboldened enough to double-down on the abuse. But it is what it is, I suppose. Kind of too late, now.
Note that despite Newsom's claims of economic recovery, we see a huge increase in labor dev funds, for reasons that should be pretty obvious by now. They know people are leaving and employers aren't hiring so something needs to be done but they can't be honest about it.
Big picture, is this really about COVID, California's labor market, or is it the beginning of the 4th Industrial Revolution, as Andrew Yang and the #YangGang forewarned? "Supply chain issues" may be masking the reality that a lot of those jobs aren't simply coming back, at all.
And it seems fitting that the day this comes out, we see Jerome Powell starting to look panicked about #inflation after a year of denying that it ever existed. Deer caught in the headlights, really. It's obvious that they really have no idea what they're doing at this point.
Either way, we have government loaning each other money with the Feds just printing more money to keep the states afloat on their unsustainable path. It's a house of cards ready to come crumbling down, and it's going to trickle down all the way to state and local budgets, too.
Lots of people probably thought I was crazy to double-down on #crypto during these times but the more I read about this stuff I feel better about the path I took. I often feel like an outsider to traditional financial institutions but maybe that's not a bad thing, after all.
There's going to be a lot of people who claim that the sky is falling but that happens at every downturn so take it with a grain of salt. But it's not all bad -- some sectors will do well so the best thing people can do is to stay focused on areas of growth. 📈
What are those areas? Crypto, #NFTs, software in general, and service sector industries that aren't beholden to supply chain issues and can adapt to new economic landscapes very quickly. The #metaverse will adjust to inflation much better than real-estate, for sure.
We're due for a market correction in the USD at any given moment, anyway. Long-term, it'll be a good thing, though, since all the FOMO in Wall Street and the government has created a monster that's out of control. A crash will fix a lot of that by removing the $$.
Either way, good luck, folks. Been saying a while that the next few years is going to be a roller-coaster so I hope people are prepared for anything to happen. The smarter ones have seen the writing on the wall and are planning accordingly already. 🧐
Government
Daily Crypto Update - This 1 news story may be influencing priceIn this video:
* I discuss what the crypto market might be waiting for
* On Monday, we must observe the stock market's reaction to this news item
* The stock market's reaction and confluent price action will likely spill over into the crypto market
SMGR TO THE MOON! UPSIDE UPTO 50%! DOUBE BOTTOM POTENTIAL ALERT!3T6 MONTH SWING TRADE SMGR!
BUY IF BREAK AND CLOSE ABOVE 8500!
SUPPORT = 7675 and CL IF CLOSE <7675!
SMGR or PT Semen Indonesia Tbk, commonly known as Semen Indonesia Group, is an Indonesian cement company established in 1957 in Gresik, with the name NV Semen Gresik. In 1991, PT Semen Gresik was the first state-owned company to go public on the Indonesia Stock Exchange.
As a governent company, I think investor and swing trader should consider SMGR. Because, the risk and rewards are so good enough. If you see the volume distribution that happened on last year 2020 (I already circled the volume bar), I think this year is same.
And now, maybe there are many people ask me about their cost operation. The way of coal upside maybe increase their cost because the cost of cement 35% is made by coal. But, you should consider that SMGR have their own coal mining, which is, SMGR already prepare for the worst of expensive coal. And also, SMGR not only use coal for their production. They also use new renewable energy called BIOMASSA.
So, what do you afraid of? The risk is very minimum maybe 3-5% to the bottom, but the upside for the government company is very good upto 50%! REMEMBER THAT THIS IS GOVERNMENT COMPANY!!! THE GOVERNMENT WONT STAY QUIET FOR THIS COMPANY! THE BIGGEST CEMENT FACTORY IN INDONESIA!
GBU AND HAPPY WEEKEND!
Make $1M+ if you follow this strategy or lose everything.Respected Traders,
Hope you're all doing well and made fat money in this bull run in the stock market. Finally I have got a great news for you.
Make 1M+ dollars.
News:
S&P 500, DOW Jones, Russel 3000 crashes on 30th October 2022. This in turn will bring the whole crypto market and the global stock market to crash as well.
Although we could see weakness starting from 30th September 2022. That would be your warning signs.
T.A.
They tell me we are in a parabolic run and we would fall from it like the BTC did in march 2021. I see a slight decrease in volume everytime there is a dip.
What to do?
Short everything. Growth stocks, dividend stock, ETF, SPACs, crypto. Short treasuries too if you want but hey no shorting value stocks. For max return copy MichaelJBurry portfolio. And hey if you lose sue me. and if i win SEC you can sue me as well. I don't flipping care.
Till then enjoy your ride my bears and bulls.
Thank you.
Your respectively
Dante. An artist in investing.
JOB MARKET in 10Y : what to expect in a stagflation environmentHere's my take on the multiple outcomes the job market. Looking at the REAL data, not the bullshit cooked numbers of the labor bureau ! The U6 numbers are the closest one to the reality. So these are the ones we'll study here along with interest rates, market valuations and growth potential.
SAIC approaching first buy levelHere's another one that's close to triggering my buy alert today. SAIC is a government technology contractor and should fare well under a Democrat administration. It pays a nearly 2% dividend, and I estimate forward P/E at 12-13 and forward P/S at about .8. That's an objectively attractive valuation and also leaves about 16% upside to SAIC's median multiple of the last 4 years. Analysts are a little negative on SAIC, with a 4.3/10 rating, but open interest is highly bullish, with a put/call ratio at about 0.25. Upside to the average analyst price target is over 20%.
SAIC is approaching strong support from both a one-year trend line and the 200-day exponential moving average.
The GME Fiasco Demonstrates the Need for RavencoinYou are probably aware of the unprecedented events surrounding Gamestop stock, retail investors, a potential short squeeze, and market manipulation by institutions. Thousands of retail investors like myself lost out on what could have been hundreds of thousands of dollars in gains on GME stock due to illegal abuses of the influence that brokerages and hedge funds have.
The legislation is already in place to prevent the naked shorting that led to GME being shorted 140% of float, but it still happened. The legislation is in place to prevent the unbalanced and severe effects that Robin Hood had on GME stock by blocking buy orders for GME and not blocking sells. But it still happened. The potential for the short squeeze was a mathematical inevitability, and even now the brokerages admit that the price could have climbed into the thousands, had not the price been tanked by the halt of buy orders. But it hasn't happened, and may never happen now.
We may see some punishment doled out for this, but we'll never see the money we should have made, which for most retail investors would have been life-changing. The issue therefore is not with the laws, but with the limitations with law itself. Rules against this kind of inequitable market influence and mechanical control over trading are not sufficient to prevent it. The only thing that can truly prevent it is that the conditions for this inequity don't exist in the first place. That is what decentralized finance provides.
The cryptocurrency Ravencoin (RVN) is commonly referred to as being to assets (like stock, gold, art, etc.) what Bitcoin is to money. Ravencoin is built such that asset tokens can be created to represent real assets, either in the generic sense (i.e. many identical gold bars) or in the specific sense (i.e. particular works of art within the larger asset of "art"). Such a system can be used to distribute, buy and sell stocks. It could be also be used to distribute dividends, and even potentially handle the options market.
Were such a decentralized system in place, no institution or individual would have the power to shut down the activities of other traders or manipulate stock in the way that Robinhood and other brokerages have in the GME fiasco. Regardless of the laws in place, this wouldn't have happened had the stock been represented by Ravencoin assets rather than paper certificates. As the continued democratization of finance grows and more average people enter the markets, the protections that cryptocurrencies and decentralized financial systems offer will be more and more crucial in pushing that forward.
I have invested in Ravencoin not only because of the potential profit from that growing movement but also because I like technology and believe in the principles it can be used to uphold, of fairness and liberty. If you got into crypto now you would still be early!
Disclosure: This is opinion, not advice. I have positions in both Gamestop and Ravencoin.
The World's LARGEST SQUEEZE! SLVAs you can see Silver is one of the most undervalued assets in the world. The suits have been pushing these prices down for decades! We have not had a new ATH in years. This would be the largest squeeze in the world. We could see $25-$1000 if this short squeeze occurred on a worldwide level. Decades of shorts being liquidated similar to the GameStop stock. Nothing can stop Silver - If they shut down the stock market you can buy physical silver. My focus is buying SLV stock NOW. All of the world knows Silver is valuable and everyone can buy it.
Gold had a new ATH, BTC new ATH, People are waking up and fighting back (GameStop - AMC)
If people would wake up and see SLV this would be a REAL GAME CHANGER.
- The ratio of Gold to Silver is almost 70 times the price! Now Silver is not backed by the dollar so the amount we have is extremely low - NO SUPPLY.
- Silver is needed for the new emerging markets. EV, Phones, Green Energy, Solar... etc.
- Also the Governments and FED are printing MASSIVE amounts of money! This will destroy the dollar over time. People will move to SLV.
- Extremely Cheap price (Heavily Shorted)
- 50% Down from ATH
- Blue Sky Break Out past resistance
- Last ATH was 1979 & 2011 while all other assets in the same category are reaching historic heights
- Posts on WallStreet Bets are growing on this topic - Don't miss it
- Real MONEY - Huge DISCOUNT
- Everyone will HOLD - All Generations KNOW the Value
Is this a monster in the making?
This could be history....
Ripple SEC ATTACKRipple is holding a strong support at .45c - We have added to our position within this level in the past.
Ripple is being sued by the SEC - This happened before too many projects and usually ends in a small fine. There is always a chance this could end much worse and is important to keep this in mind as you are investing in XRP or have XRP holdings. This will be a huge decision for XRP future.
This decision can decide the next price action - if we break .45 we will head to lower support levels such as the red support line we have drawn around .33
Cryptocurrencies are a high risk investment and must be treated as such.
What to do in IOC?ALL the government companies are undervalued.
Here IOC MADE MONTHLY AS WELL AS WEEK SUPPORT ON CHART AT LEVEL ON 73.50
So just study a trade and take position , if already you have it than just hold.
Personal advice:-
SL :- 67.00
Limit :- 90-110 (In 5-6 months)
Note :- Do not go with my advice , study a trade !
Hello i am Zeel Goswami,
Here on my profile you can get best positional & swing trade
So you can follow me for bullish ideas
Thank you
CA10Y: Next target is 0.8, can it rally?First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, the bonds market for Canada, especially for its government been quite bullish recently. The last close was at +7.07%. Although, some resistance seems to be on its way, I think the next target in price to look for milestone-wise would be at $0.8. Afterwards, one could then look at it carefully and see if it worth a long hold, risk mitigation, or reinvesting. Again, just my opinion.
My AT&T RunThere's an incredible amount of investors I've followed that are very pleased with VZ stock's performance during the past years. Fundamentally speaking, yes, indeed Verizon has a cleaner balance sheet, way less debt, and it has done a really good job at being a decent rival for AT&T within America. However, I have strong reasons to believe that AT&T is not a fundamental play. What do I mean by this? We live in 2020, and for the past 20 years, the market leaders are those who innovate, but also those who keep innovating the fastest. Back when the internet wasn't our god, companies didn't have as much pressure for innovation since information itself couldn't even be shared massively and at the speed, it is done now. So back when Buffet was buying shares, earnings would most likely be given back to the shareholders rather than being reinvested in an asset so intangible like research&design. And in no way, I am shitting on Buffet's strategy, he's a billionaire for a reason. But what if I don't want to wait 50 years, or better yet, what if we aren't as lucky as he was were he has been able to purchase stocks during 3 major economic recessions?
AT&T isn't a fundamental play because its true value can't be pinned down to a balance sheet. AT&T is set to be the face of 5G here in the west, competing against Huawei, who in my opinion, already one the first few rounds. The US Government made the announcement that Hong Kong is no longer independent from China. The US is also legally fighting Canada for the extradition of Huawei's Chief Financial Officer. So why would the US make a global announcement that just empowered hundreds of Chinese investors, including the government? Isn't all the mainstream media telling you that there's a trade war? Would you even know that the trade war began because of the 5G race? Anyways, all I am trying to say is that AT&T will be the leader of 5G here in the west, regardless of how much debt with have, and if you cannot see the value in that, then I don't think you understand how powerful 5G actually is.
Another intrinsic value that I see is that AT&T owns WarnerMedia. Can you see the power of being the largest cellphone provider as well as one of the largest media providers? It seems too good to be true. Data recollection through cellphones in order to produce specific content based on that very same data. Disney owns literally every media company out there, so I guess I also see the value in being independent of them.
What will my strategy be like? Based on the shorter time frames, I believe there will be another price dip, and when that occurs I will enter my position. I plan on buying shares for my retirement portfolio, as well as for my trading account. Even though I will be holding for the long run, it's still a nice stock to trade around. (Aiming to buy at 28$ )
AT&T: The western face of 5G?Pompeo announced this evening that Hong Kong is no longer an independent part from China. Chinese investors and business people are buying as much influence and shareholder stake in HK. Who benefits? China. Anyways, on top of the announcement, the CFO of Huawei was denied extradition proceedings. So far, U.S can’t prosecute yet. Quite unfortunate given the announcement the U.S Government made earlier.
My thoughts - Huawei is so far the leading company in 5G, the US knows that and it has come to terms with a closed door alliance with China. If you can’t beat them, join them, so that you understand them, and then try beating them again lol.
Back to my question, for any one out there who wants to discover the real truth, for those who question everything, even what’s on CNN, do you think it’s a good time to buy AT&T? Like, yes it holds loads of debt, but I think the real value is that they are the only company that has the reach and resources atm to compare shoulder to shoulder with Huawei . Plus, if Huawei has completely dominated the Easter world, shouldn’t we take some western pride too? Or what’s every one thinking??
What will I do? Follow up tomorrow morning.
TPC stock going up after finally reporting good results Tutor Perini Corp NYSE:TPC stock price plummeted hard in the last year. It went from $17ish levels in Nov19 all the way to its bottom at $2.50 during the market panic this Mar20. Since then the stock is going up (yesterday close at $7.77). Governments across the globe are planning massive infrastructure investments to support their economies. As construction and engineering provider and a government contractor , TPC is in a good position to perform in the upcoming crisis much better than the market ( TVC:SPX , NASDAQ:NDAQ CURRENCYCOM:US100 CURRENCYCOM:US30 CURRENCYCOM:EU50 XETR:DAX ).
The TPC stock has experienced a drawdown throughout 2019. The company was consistently reporting bad results and consecutive Earning Reports ended with a negative surprise.
The hypothesis that government contractors have a good chance to overcome this crisis well is supported by TPC's last Earnings Report. The current uptrend is supported by significantly good results, with a surprise of +0.28 (467%) . This is in line with analyst targets on TipRanks, where TPC is targeted in the range of $16-$18 . Targets at $17ish levels might seem out of bounds given the recent TPC's stock development, however, it is exactly the levels where the stock was several times during 2019, while consistently reporting bad results.
In the upcoming months, we expect the TPC price to be heading towards $11 levels, until the next earnings report. It is definitely a good stock for the upcoming quarter. Whether it grows even more, or even all the way back to $17 will highly depend on upcoming Earning Reports.
BAILOUTS FOR GOVERNMENTS ARE THE REAL PROBLEM!I SEE MANY PEOPLE COMPLAINING ABOUT BAILOUTS FOR THE PRIVATE SECTOR!
HOW ABOUT THE REAL PROBLEM: BAILOUTS FOR GOVERNMENTS!
I WOULD BET MY LIFE SAVINGS THAT THE ECB WILL GUARANTEE THAT ITALIAN (AND EVERY OTHER EUROPEAN NATION'S) BOND YIELDS REMAIN SUPPRESSED BY SACRIFICING THE VALUE OF THE SAVINGS OF EVERY PERSON IN EUROPE!
UNTIL GOVERNMENTS ARE ALLOWED TO DEFAULT, WE WILL CONTINUE A STEADY MARCH TOWARDS GLOBAL COMMUNISM!
WESTERN CIVILIZATION, THE FREEST AND MOST PROSPEROUS COLLECTION OF INDIVIDUALS IN THE HISTORY OF THE PLANET, WAS BUILT ON PRIVATE SAVINGS ACCRUED THROUGH EXCESS PRODUCTIVITY (ACCUMULATED CAPITAL)!
THE RIGHTS OF THOSE INDIVIDUALS AND THE VALUE OF THAT CAPITAL IS ON THE VERGE OF DESTRUCTION!
$QALB Shorts Slowly Caving To Buys As Chart Ascends Again PT $5+$QALB Updated OTCM recently to include their CFO. The company has also said the Attorney letter should be dropping very soon in addition a week or so after that the company should be upgraded to Pink Current Tier as everything else is in order. The anticipation is of hopefully a $180 Mil Revenue producing Government Security agency to be merging in as some of the connections that have been found point to. Which is all speculation but very educated as the DD is almost spot on. We should be getting more updates as the weeks progress going forward.
Happy anniversary Bitcoin.From a 1989 article in the The Wall Street Journal, by Victor Niederhoffer, speculator:
Speculators don't only create bubbles (not sure short term speculators make bubbles happen, they might actually smooth them).
The Federal Reserve was created by a US president to separate the money supply from the government.
But they ended up being control freaks very destructive. I'll make another idea more detailed on that, in particular on the Bretton Woods system.
Satoshi in his white paper, published 11 years ago, said:
And 6 months later he said:
"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust."
I do not know a single Fiat currency outside of the British Pound that stood the test of time.
And just 4 months after this, Bernanke told US politicians
"The Federal Reserve will not monetize the debt". Because it was temporary apparently.
Today the FED has pumped the stock market to a point where the rich are so rich and the poor so poor than 1/3 of US citizen get in debt just to eat (corporate buybacks did not help).
Europe is not better. Some countries even have negative interest rates and they are looking into "deep negative" rates, like -10% a year.
The IMF has a guide on Enabling Deep Negative Rates to Fight Recessions
www.imf.org
The central banks are debasing currencies. And it's actually hurting the 90%. They keep pushing this pyramid scheme up.
The problem is, a peer to peer system can't even fight those low IQ central authorities, because they are just going to ban it.
They're going to have to end up in jail. The UK drifted to the right, the US drifted right, but also left, actually very far left it's scary.
Those central morons that think they are helping (are they really that stupid? It has to be intentional) won't stop, and won't let people save cash, buy gold.
So maybe citizen voting far left or right is necessary. But do those politicians understand they have to get rid of the central banks (or reduce their powers)?
All I hear is "white man bad, rich people evil, let's stop progress" it's like none of them has a clue what the real issues are.
Bitcoin reached a point where it went into a mania attracting alot of gullible unskilled speculators excited by stories of "Bitcoin millionaires".
The tech reached its saturation point, it can't scale further, and there is very low interest in using it as a viable currency.
I hope it will remain in history as a great prototype and not just a speculative bubble that cause "innocent people" to lose their shirts.
Bitcoin ended up being a ponzi/pyramid scheme, with early adopters making a huge amount of money on the back of late adopters.
But anyway, it possibly opened the way.
Central banks have done so much harm. Over and over. Just like governments trying to prevent traders from trading or forcing prices.
Take the example of oil demand being high on the east coast because it's terribly cold, and demand is very low on the west coast.
When the government forces a price, traders have no incentive to buy cheap on the west and sell high on the east (as price is not moving even with supply and demand varying).
And so on the west coast they warm their swimming pools they don't use, while on the east there is not enough Oil for everyone and people are cold.
I could list so many examples. Over and over same story.
Perhaps we could evolve into having currencies that are not completely controlled by some central authority.
The gullible victims that are dreaming of lambos would really love to see their favorite ponzi scheme be bought by everyone (greater fools).
But I have a better solution: The free market. Let's let currencies not be controlled in such a way, or very minimally, let's let the stock market not be controlled, and let them fluctuate naturally as they should.
Ultimately it does not even matter what currency we use, it's just a number to help make things convenient, to help with trade. As long as it has the basic qualities it's all good.
Central institutions hear about Bitcoin and immediately they want to control it... Risible...
Crypto gambling moonboys don't care of course, but using a crypto will serve no purpose if it is fully controlled by a central bank.
What we really need is to get rid of ultra controlling and manipulative central authorities. Central banks power must be reduced. Governments too.
Their role should be of regulation, administration, resolving conflicts, governing the military (with limitations)...
Not manipulating and spending like degens.
Look around, there are great examples of centralized systems, decentralized ones, and mixed. But I think the best ones are a fusion of both.
Just some examples off the top of my head...
Central powers have to stop sticking their filthy paws everywhere, preventing innovation and causing poverty and generally pain & destruction.
Let people with a financial incentive to do good, participate freely in the economy.
There is no simple workaround. We have to get rid of all controlling central authorities. No alternative. Just like Ron Swanson said.
Satoshi was right. We need to get rid of central institutions.