Results 12,076 to 12,100 of 18218
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08-06-2020, 11:23 AM #12076
Gold still climbing. Silver climbing about 3x as fast.
I've got a lot in SGOL. I also have a lot of cash that I expect to rapidly devalue. Contemplating picking up some SIVR or maybe buying a second home as a further inflation hedge. Short and Long term I fully expect inflationary pressures to increase home prices. Mid term (1-3ish years) is so hard to read.
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08-06-2020, 11:53 AM #12077
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08-06-2020, 12:27 PM #12078
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08-06-2020, 12:46 PM #12079
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08-06-2020, 12:50 PM #12080
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08-06-2020, 01:02 PM #12081
I beleive it was a miller in the woods by the skatepark.
"Can't you see..."
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08-06-2020, 01:04 PM #12082
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08-06-2020, 01:11 PM #12083
I don't remember my first beer, but I do remember my first beer at a brewery. It was Dinkelacker in Stuttgart, West Germany. (Yes, there used to be two Germany's) Damn, that was some fine azz beer! The brew meister grabbed a few bottles off the bottling line and stuffed them in my backpack. Interestingly, the major brew houses in Germany all have their horse drawn beer wagons for all the festivals, and the horses get a ration of beer every day. Wonder if the Budweiser Clydesdale's get some beer too?
"We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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08-06-2020, 02:52 PM #12084
Alright, put up or shut up. Since you like to complain about brrr money, how would you keep a few million people from starving in the street? History is full of violent revolutions by the hungry. I'm not saying printing money is the answer by any stretch, but I am pretty fucking tired of what you probably think is a catchy meme. What you got?
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08-06-2020, 03:24 PM #12085Banned
- Join Date
- Oct 2003
- Location
- In Your Wife
- Posts
- 8,291
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08-06-2020, 03:25 PM #12086Banned
- Join Date
- Oct 2003
- Location
- In Your Wife
- Posts
- 8,291
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08-06-2020, 04:07 PM #12087
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08-06-2020, 09:56 PM #12088
OK. So far HMMJ is fail. Let this dry out a bit and see if the analysts chime in. Take it the price hasn't bottomed out yet and the future doesn't look as good as the future in Beer.
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08-07-2020, 06:34 AM #12089
Forget the MMJ stocks - once the WSBtypes get sick of TSLA they'll flock to something more stable. Theyve already been willing to run to GBTC as a "safehaven" instead of gold, and that's costing them 2% a year.
Long BTC
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08-07-2020, 09:18 AM #12090
Covered some MARA as it's down on filing a dilutive atm $100m shelf.
Covered MVIS, Revenues down by half. Looking to dilute by authorizing 60M more shares.
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08-07-2020, 10:22 AM #12091
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08-07-2020, 06:41 PM #12092
Went a little deeper into the energy sector today, picked up some CLB. It was trading over $100 in late 2018 before oil prices tanked. Got it for just over $23. Everything I’ve read says they’re in better shape to weather this than actual drillers/producers. Been adding to my XOM position with all the spare cash I come across. Started out with 4 shares, now have 38. They announced they’re cutting 401k matches in order to preserve the dividend. As much as I’m having trouble with this kind of shenanigans to the workers, yeah, give me my dividend. Bought in on MRO a while ago. I’m banking on a pent up demand to move around when this is over.
Bought SABR and AIR a bit ago, SABR has been a dog, but AIR is starting to perk up. Just like with energy I think travel shit will blow up when this is over or we learn how to deal with it. (AIR is in good shape as they perform aircraft maintenance for not only commercial airlines but defense platforms as well, if Trump starts a war I’m covered, .)
I still want to kick in the nuts whoever suggested VISL earlier in the thread. 6-1 stock split and a revaluation of $7 which immediately fell to $2.50. Ouch. At this point I’m letting it ride, probably down. (Just kidding, I should’ve done my due dilligence.)
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08-08-2020, 10:00 AM #12093Registered User
- Join Date
- May 2016
- Posts
- 3,581
The problem I have with US energy stocks is twofold. First, OPEC can decide at any point to flood the market to keep prices at a level where fracking is unprofitable. Sure it hurts them a bit in the short term, but if they can destroy the US fracking industry it could be worth it to them.
Second, Biden has pretty much said he intends to destroy the oil industry with his support of the green new deal. Maybe it is just election talk, but I think you have to consider the possibility that he might be serious about it.
I bought some oil and energy stock back when it was dirt cheap in April, but have sold off most of it due to those concerns. Still have a small amount of USL.
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08-08-2020, 11:20 AM #12094
It isn't possible to destroy the old industry. At least not yet.
I agree about American fracking.
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08-08-2020, 11:26 AM #12095
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08-08-2020, 11:40 AM #12096
Still long XOM on dividend and covered calls strategy as one of the last holdouts of the old economy.
Sad news that Robinhood is restricting access to APIs so sayonara robintrack.net amusement
KODK loan now to be "re-examined" per the Government department that initially announced the deal. Borrow rate for stock has dropped from 70% + to mid 20s with lots now available since the convertible debt converted and sold.
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08-08-2020, 11:44 AM #12097
me too
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08-08-2020, 12:07 PM #12098
Because the old industry is imploding. Why? Because it’s been a capital in incineration machine for the past decade that heavily enriched insiders (yeah your South African hunting guide needs to be an h1b on staff ) tossed off some overpaid blue collar jobs, but didn’t return the capital on the whole. I don’t see how Biden’s gonna destroy what Trump already torched.
curious what else the USIDFC is funding.
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08-08-2020, 12:30 PM #12099
Heh... I just noticed that oil got autocompleted to old. Still works though.
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08-08-2020, 05:21 PM #12100Registered User
- Join Date
- May 2016
- Posts
- 3,581
Yeah, I’m hoping he’ll come to his senses once he is in office, but I do have to pay attention to what he’s said.
He’s talked about banning any new oil drilling on federal lands, ending oil subsidies, suing oil companies for damage they’ve done to the environment, and actually jailing oil executives.
Here is a sample. More can be easily found by searching.
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