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jofau

@jdfaucher

Katılım Kasım 2012
1.7K Takip Edilen153 Takipçiler
Richard
Richard@Richard02282120·
@leevalueroach Excellent summation The rot set in with the guilt ridden White Southern President Lyndon Johnson who severed the gold link with his feckless Great Society b*llocks When this moron took office 1 Oz of gold cost $35. Today $5000. House prices $3000. Today $300,000
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Lee Roach
Lee Roach@leevalueroach·
I do not understand, in 2026, why anyone is shorting anything, and I have, over the last several years, watched a generation of intelligent, well-credentialed, technically sophisticated investors set fire to their capital on the short side of a market that has been telegraphing its direction with the subtlety of a marching band, and the only explanation I have ever been able to construct is that none of these people have read a single page of monetary history written before 1990. The setup is not subtle. The federal government is running a 7% structural deficit with no political coalition in either party willing to address it. The Treasury is issuing debt at a pace that will push publicly held debt-to-GDP past 130% within five years, which is the level at which, historically, every government in recorded history has either inflated its way out, defaulted, or both. The Fed is, regardless of what it says in public, the marginal buyer of that debt, and the only mechanism it has to fund the purchases is the creation of new dollars. The money is being printed. The debt is being monetized. The currency is being debased. And asset prices, which are denominated in the currency being debased, are doing the only thing they have ever done in any country that has ever tried this, which is going up. Every country that has run this experiment has produced the same chart. Weimar Germany in 1922 and 1923 produced one of the most violent equity bull markets in recorded history in nominal terms, as the mark collapsed and the Berlin exchange repriced upward by orders of magnitude. Argentina, across four separate inflationary cycles since 1975, produced in each cycle a nominal rally that outran every short thesis published, while the peso lost 99.9% of its purchasing power. Zimbabwe in 2007 and 2008 produced an equity market that rose so violently the exchange had to be closed because the calculations could not keep up. Turkey, right now, in front of the entire world, has produced a Borsa Istanbul up 1,400% in lira terms while the lira has lost 85% against the dollar, and every short of Turkish equities has been carried out in nominal terms even when they were right in real terms. The lesson is not that asset prices are going up because the businesses are getting better. The lesson is that asset prices are going up because the unit they are measured in is getting smaller, and any investor who positions short against this dynamic is betting against the will and capacity of a government to debase its own currency, which is the single most reliable bet you can lose in 4,000 years of recorded monetary history. The government always wins. The government always debases. The currency always loses purchasing power. The assets always reprice upward in nominal terms, on a path the shorts always insist is unsustainable and that always, somehow, sustains. You can short individual frauds. You cannot short the market. You cannot short the currency itself without being on the wrong side of the largest force in modern capital markets, which is the slow, politically inevitable destruction of the dollar’s purchasing power against everything that cannot be printed. The shorts have been wrong for five years. They will be wrong for the next five. The only investors who will, in real terms, preserve and grow their wealth are the ones who understood, early, that the game is not about being right on valuation, it is about being on the right side of monetary debasement, and the right side has always been owning real assets, productive businesses, scarce commodities, and the one monetary metal that has functioned as money continuously for 5,000 years, while the people on the other side continue to insist this time is different. This time has never been different. The math is the math. The shorts will continue to lose. The owners will continue to win.
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jofau
jofau@jdfaucher·
@NUCLRGOLF No idea about Taft but none of these are accurate
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NUCLR GOLF
NUCLR GOLF@NUCLRGOLF·
Any surprises here? 🇺🇸 🏌️
NUCLR GOLF tweet media
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jofau
jofau@jdfaucher·
@MacCerullo Off topic but did anyone see Kyle Harrison being this good?
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jofau
jofau@jdfaucher·
@Patrickwebb Many of the senior leadership are celebrating! The graveyard is rocking tonight
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Patrick Webb
Patrick Webb@Patrickwebb·
BREAKING: Iranian state TV claims Iran forced the U.S. to accept peace deal.
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jofau
jofau@jdfaucher·
@ChrisCotillo Who the heck wrote this? Guy’s a platoon player
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Chris Cotillo
Chris Cotillo@ChrisCotillo·
The Red Sox envision a big role for Romy Gonzalez, who will start a rehab assignment Tuesday. “With the power potential and the thump with the bat, we’ve got to get him involved." masslive.com/redsox/2026/06…
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jofau
jofau@jdfaucher·
@QQQIguy @aincomeinvestor It tracks the index pretty well on a total return basis, same for SPYI and IWMI. MLPI has also been a good performer.
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QQQI-Guy
QQQI-Guy@QQQIguy·
@aincomeinvestor $QQQI not designed to outperform pure play Nasdaq its a ballast. Paying bills in retirement or in job loss is huge benefit & beats selling stock in down market to pay bills dont forget its tax deferred until u sell shares. If u never sell, heirs get shares in stepped up basis
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jofau
jofau@jdfaucher·
I hear this all the time. Leadership gone down to the junior level and they’re hiding out in fear, most revenue gone, financial institutions shut down, blockaded, inflation out of control, military and industrial base degraded, a large segment of the population that despises the clerics and their paramilitary thugs, proxies degraded, a pariah in the region. What cards are they holding?
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Watcher Reports
Watcher Reports@WatcherReports·
Trump just played the ultimate riverboat gambler hand. $1 Trillion in damage, a secret Navy operation, and a historic midnight ultimatum that has the entire global order shaking. The terms are absolute. No room for error.
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jofau
jofau@jdfaucher·
@985TheSportsHub @TonyMassarotti Off topic but Mazz went pretty hard on Phil Mickelson yesterday. Typical for this guy who rattles off comments often before he thinks.
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98.5 The Sports Hub
98.5 The Sports Hub@985TheSportsHub·
⚾ Red Sox an "UNHAPPY GROUP" according to what Buster Olney is hearing around MLB (via Breaking Balls Podcast with @TonyMassarotti)
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jofau
jofau@jdfaucher·
@Bastards_Boston Meidroth was probably just a throw in but looks to be a player
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FIRE BRESLOW PODCAST
FIRE BRESLOW PODCAST@Bastards_Boston·
UGLIEST TRUTH EVER: December 13, 2024, the Red Sox acquire Garrett Crochet from the Chicago White Sox. It’s a move they hope will finally propel them into a five year competitive window beginning with the 2025 season. Breslow sends over Chase Meidroth, Kyle Teel, and Braden Montgomery. Chicago has a new GM named Chris Getz, and they are believed to be in the early to mid stages of another painful rebuild. Similar to what took place with the Chris Sale trade on December 6, 2016. Just over one full season later. It’s June of 2026. The Chicago White Sox are in first place. The Boston Red Sox are in last place, on pace for 67 wins. Which would be their worst franchise record of the 21st century. Dating back to the 1960’s, Fenway Park has hosted a World Series in every decade but the 90’s. The 2020’s will be their second. A competitive window may not begin in Boston until the 2030’s decade. Making the Kennedy/Breslow/Bloom era the darkest in two generations. Cc: @skennedysox, @TomCaron, @ZackScottSports, @BGlobeSports
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jofau
jofau@jdfaucher·
@Merant41 @US_OGA It’s Massachusetts. Their congressional delegation looks like the bar room scene in Star Wars
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Merant4
Merant4@Merant41·
@US_OGA don’t the people vote these clowns into office?
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US Oil & Gas Association
Hello Senator.... This November it will be 50 years since you were first elected to Congress, so we want to be the first to say . "Happy 50th Anniversary of drawing a taxpayer funded salary." That is quite an achievement. In fact - you are 2nd longest-still serving member in Congress. It has been a long time since you held a private sector job. AND yes 50 years ago - in 1976 (it was America's Bicentennial that year) - people still punched clocks back then. The world has changed a lot. During your 50 years in Congress - you watched as the creators and inventors and producers changed the world, creating trillions in new wealth, millions of new jobs and dramatically raising living standards for everyone rich and poor alike. And for 50 years you have voted to raise taxes and regulate and oversee every move of the private sector. You have never created or invented or produced. Just taxed and regulated and outraged. But thank you for using the platform the "TRILLIONAIRE class" has provided to the entire world for free to tell us all how disgusted you are. We would never know otherwise.
Ed Markey@EdMarkey

Elon Musk just became the world's first trillionaire. While working people struggle to get by, the billionaire class is becoming the TRILLIONAIRE class. It's disgusting. I'm fighting to tax the rich so we stop rewarding trading stocks over punching clocks.

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jofau
jofau@jdfaucher·
@US_OGA @Only1Trickster Wait a minute, he did drive an ice cream truck around. Wonder how much change he slipped into his pocket tax free.
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Ceddanne Rafaela Enjoyer
Ceddanne Rafaela Enjoyer@RafaelaEnjoyer·
I question if people like to complain so much that they actually want the team to suck That would seemingly be the case in a desired Willson trade. There will very likely not be a competent first baseman moved this offseason, leaving an asteroid sized hole on the roster
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Tyler Milliken
Tyler Milliken@tylermilliken_·
Sam Kennedy when speaking about the state of the Red Sox, via @WEEI: “Nobody is free and clear of blame, having been here 25 years, we’ve had some incredible high highs and some very low lows, but I don’t remember a period really feeling it as viscerally as we feel it right now. It’s been awful.”
Tyler Milliken tweet media
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jofau
jofau@jdfaucher·
@Savageboston Pedroia turning his back on teammates when they tried to retaliate for the Machado slide was not a good look
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Savage
Savage@Savageboston·
It’s crazy how the Red Sox had the best team in franchise history in 2018 with a ton of talent and youth, and they basically burned the organization to the ground into this pile of ash.
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jofau
jofau@jdfaucher·
Who cares, the guy was overrated as much as some of the players. He was as much to blame, at odds with upper management ( why did he accept the extension ?), and seemingly happy to be fired with comments and the smiling group pictures. Buyer beware on him getting another position
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Tim Sweeney
Tim Sweeney@theswine15·
@Real_Bruins @BostonStrong_34 @WEEI They lost 2 massive bats from last year in Bregman and Devers. Regardless of how those two are playing this year, they didn’t replace those bats. They’re relying on cheap rookies and 2nd year players to carry them because they’re penny pinching. That’s a losing formula.
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Boston Strong
Boston Strong@BostonStrong_34·
Red Sox President Sam Kennedy says that they’re looking to improve their roster but unless something changes “in the next couple of weeks”, they most likely will pivot and become sellers. - @WEEI
Boston Strong tweet media
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Real Bruins
Real Bruins@Real_Bruins·
@BostonStrong_34 @WEEI So, they are sellers then. Do you think we all just over estimated the young talent, Duran, Ceddanne, Wilyer, Anthony, Marcelo, maybe they aren't going to be great?
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Talkin' Baseball
Talkin' Baseball@TalkinBaseball_·
Ronald Acuña Jr. is exiting the game after suffering an injury running to first base
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