
Matthew
81.6K posts

Matthew
@GoodTexture
writing options contracts. iq in bio (138)
Katılım Eylül 2018
750 Takip Edilen8.3K Takipçiler

@HPeters20217098 silver has industrial uses for which there is no replacement. there are an infinite number of replacements for zec and btc that do the same thing
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@GoodTexture Zec and btc are not supposed to be backed by anything. They are native monetary assets which become faster and more secure over time, and imo should not make a claim on another asset. Gold is not backed by anything either. Your argument is applicable to meme coins though.
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just as the transgender fad peaked in recent years, likely so has the financial degeneracy inherent in unbacked digital tokens. I do truly believe anyone who puts long-term faith in "cryptocurrencies" will be financially obliterated, and does not understand the fundamental problems with their "investment" (gambling) theses. the ongoing collapse of strc may be just the beginning of the fall which security-focused AI exploits will help expedite.
I have long said cryptocurrencies are for people who are not financially literate enough to understand the power of their capital. the toll for ignorance is being paid.
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@88888sAccount @ecommerceshares windows sucks, has always sucked, and always will suck. linux desktop is a soft maybe
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@GoodTexture @ecommerceshares you dont actually need an apple if you arent a retarded boomer, or a class warped seppo
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@HPeters20217098 fundamentally I am not bullish on any unbacked digital token. they operate on greater fool theory
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@WealthyMovesHQ @jeremyct mortgaged houses aren't exempt from taxes
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@jeremyct That’s why I’ll never preach to pay off your mortgage. Makes very little sense…
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My aunt paid off her house in 2011.
Threw a party. Cried happy tears. Said she finally owned something in this world.
Property taxes were $3,200 a year back then.
Today they’re $9,800.
HOA went from $180 a month to $440.
Homeowners insurance doubled after the storms in her area.
She’s 71 on a fixed income writing three checks every month on a house she already paid for.
She told me last week she’s thinking about selling.
The house she spent 30 years paying off.
The house she cried over.
Because she can’t afford to stay in something she owns.
You never really own it.
You just run out of people to pay and find new ones.
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@Tu_Quoque_4_U would be nice if we could all live happily ever after with our anarcho-crypto-utopia where governments have no say-so and the magical bean stalks grow into the clouds. pure fantasy
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i see people on here who are genuinely in love with their tokens. they think they're holding for 10-20 years.
there are very few real businesses that stay on top for 20 years. companies with revenue, cash flows, physical assets. even they struggle.
crypto has a changing of the guard every 3-4 years. falling in love with a coin is how you ride it from $7 to $10 and back to $7 while telling yourself the thesis is still intact.
buy it. hold it. sell it. move on. it's not your wife.
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any bull thesis for any unbacked digital token has always been predicated upon the market continuing to observe the delusion that nothingness has some semblance of value. at their deepest levels, these tokens are centrally planned + defective and their makers mentally defective. if satoshi playing the gender pronoun game wasn't enough evidence
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@DowdEdward increased fertilizer use will continue to be a tailwind for the pharmaceutical industrial complex
tu_quoque_4_U@Tu_Quoque_4_U
Interesting. Heavy metals were less likely to be in the edible parts of the plant before modern industrial farming
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When commodities go parabolic it’s hard to know exactly when they end but they do end and margins collapse. The stock usually sniffs that out before the actual report from the company.
Mosaic a potash fertilizer company in 2007 and 2008 is instructive. Mosaic had around an 800% return in about a year. Then it mean reverted. The story to justify why margins were going to remain high at the time was China and it’s growing population needing more food as they get richer.

Reuters Business@ReutersBiz
Micron edged past the market valuation of Meta — and briefly Tesla's — for the first time, after the memory chipmaker's solid forecast helped extend its AI-driven ascent reut.rs/4oJIH6c
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@GoodTexture I forget how I worded the questions to AI but there are synergies happening that result in more heavy metal uptake by modern day farming
I'm sure part of the equation is nickel contamination on fertilizer adding to the heavy metal content in the soil
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@Tu_Quoque_4_U you recently posted heavy fertilizer use may be contributing to accelerated nickel uptake by crops from soil but I cannot seem to find this reference, might you have it available?
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arguing the dictionary definition of "money" is exceedingly boring, but in any case, worth digesting this piece regarding unbacked digital tokens
paper attached procesosdemercado.com/revista/articu…
Pedro Soyer@PedroSoyer_
@RealKeithWeiner The best article I’ve read about this is called 'Why Bitcoin Can Never Be Money' by Chris Leroux. It’s deeply rooted in the Austrian School of Economics and completely blew my mind. Bitcoin has no pre-existing economic price, it only has a niche price—that changes everything
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@GoodTexture @DonDurrett Central banks around the world would disagree with you
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There are 3 primary ways to play gold/silver miners:
1) Trade.
2) Buy and hold (until you reach your exit target).
3) A combination of those two.
Most people choose #3. I use #2 because I expect the US Government to default on its debt. I'm collecting as many shares as I can before that outcome. I currently have 168 stocks and 3.6M shares.
I use the Kenny Rogers approach: Don't count your money while you are sitting at the table. There will be plenty of time to do the counting when the dealing's done.
I plan to sell all of my shares when gold is between $7K and $8K. I might sell a few between $6.5K and $7K.
This strategy is risky and can lead to the steady evaporation of many stocks. For this reason, I have learned that I have to constantly buy the dip to protect my portfolio. I did that this week.
My method for protecting my portfolio is to add new stocks, sell dogs, and add shares in companies I like whose current valuation is below a threshold (the minimum dollar value for stocks that I favor).
I do not press my bets for stocks above my minimum dollar level. If a stock is above my minimum dollar value, then I let it ride. I do not skim profits, no matter how big it gets -- until it reaches my exit point.
I have exit points for each stock, but those can and likely will change as gold prices rise. The key is not to exit too early or too late. We need to find the sweet spot for each stock.
So, the key is being smart when you buy and when you sell. Plus, being right on your thesis: the US Government will default on its debt, and gold will soon begin to outperform the S&P 500. 😉
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@nebunezzarqi @OwenBenjamin no one has ever seen one of these mythical devices. the videos from the 60's and earlier are highly unconvincing
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“Straight out of central casting”
- Donald Jamarcus trunq
It’s why the “so you’re saying everyone’s in on it? How can they all keep a secret?!” argument isn’t even worth explaining anymore.
Everyone at this point has been explained “need to know” info siloing and understands how jobs work.
The people doing it brag about it and give each other awards for it right in front of the people attacking anyone who says the same thing.
Yes people are motivated by “self interest” but it’s surprisingly easy to use magik and spellcraft to change what someone’s “self” is.
Take a banana and write the word “nuke” on it. Now get a retard to “guard it” and be insanely intense about protocols and security. Put barb wire around the banana. Those very retards will now attack anyone who says that banana didn’t kill 60,000 japs.
I wondered why for a long time and now I know. There’s always more to know but at this point I see the way it works on a very deep level. It’s actually pretty funny.
My heart feels love for the retards but I don’t pity them. Pity is actually pretty insulting. They’ll either learn or keep guarding the banana like a retard but I took the time to write a book about it. If a retard isn’t interested, no hard feelings.
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Matthew retweetledi

@DonDurrett @LordActon4 probably silver. the more I think about gold, the more similar I find it to be to worthless meme coins like bitcoin. the jewelry component of demand, while primary and substantial, seems weak in the modern age with plated gold technology and karat dilution so widespread.
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