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I welcome the $40s--great place to add.
I think Congress has prohibited presidents from issuing any further orders banning gold. Of course, laws can always be changed.
Gold is still heavily rigged regardless because who owns or at least controls most of the gold in the world? The central bankers, of course.
Think about it, though. One president had the audacity to ban the ownership of a substance widely used for millennia by human beings. A snap of the finger--wet ink on paper and that's all. Too many Americans abided with that order. We should never do it again--including illegal 'mandates' about taking jabs to keep jobs.
I heard there are no more shares left to short, so a sudden and violent short-covering event could bring that $200.
All snarkiness aside, many will be amazed at how well this will do. Many may not be happy about it, but they'll be in awe regardless.
Yes, I think you're right. This is the pause that refreshes their pocketbook for the next run up.
I'm really looking forward to the success of Trump's free speech-oriented social media platform.
DWAC will go to the moon and beyond.
Yeah, it's speculative 'lawfare' and harassment of anything Trump-related. What's next--sending in the FBI to illegally seize documents?
That last exhausted pop to $170 yesterday and then quickly back down was the signal.
This could drop a lot more. Way, WAY over valued.
A lot of people keep waiting for a big sell off here before they get in or back in.
So far the sell offs have been minimal. If this corrects to true value it would go below the IPO price. So valuations are irrelevant here.
Another RS upcoming by the end of the year. How many reverses can UVXY have? Maybe reverse it down to a 100 shares or so--ha ha
The markets only go up UP UP!
It is crazy, but I wouldn't be surprised if $200 is hit by the end of the week.
Already worth more than VW and GM. Unbelievable.
I thought they bought 20 percent but I could be wrong.
Amazon will have a fleet of electric delivery trucks, I guess...but mostly it's about guiding people into buying electric golf carts....er cars.
Buying high end electric vehicles can't be viable. How many rich people have already bought Teslas? How can the middle class and working poor afford such cars? Now RIVN wants in. Will they be affordable? Not so far...
I don't know where this is all going, but it's an example of how endless billions are put down on companies they want to succeed. Other companies they don't want to succeed are mercilessly shorted. So the stock market has become contaminated by fascism--the oligarchs and government determine who wins and loses. That's not capitalism.
As I type this RIVN is at 167 and still going up. It's nutty and begging for puts, but the chances all anyone who shorts it will get burned...just like they did with TSLA.
Vanguard and BlackRock own most everything. But who owns Vanguard and BlackRock? The central banks, of course. Who owns the central banks? The same people who own the Federal Reserve. But who are they?
You can't talk about it without getting smeared as a bad person.
Have you been following RIVN? Goes up every single day. Now it has surpassed VW in market cap. It's nutty, but Black Rock and Amazon are pushing electric vehicles so it's not allowed to seek true value.
It's a clown world after all.
Where's the pullback? Is it going to continue to fly up every. single. day?
"stealing money through the climate exchange excuse. "
And also the Covid excuse. Janet Yellen blamed inflation on the virus and said it (inflation) would stop when everyone gets their shots. Yeah, sure.
TSLA getting competition from RIVN today.
Congrats to all of you who bought on the open.
I dunno if Bitcoin will go to $100k that quickly, but it's hovering near all-time highs right now.
What does this mean? Most likely it's an escape hatch from the corrupt and immoral Fed system. HOWEVER--Bitcoin is not real money. It's not fungible, nor it a stable store of value. It's not a Ponzi scheme, but it does rely on a greater fool scenario. It's still firmly tethered to the dollar. So is gold and silver. Like it or not, King Dollar still calls the shots and until the whole rotten system is destroyed, everyone will dance to its tune.
Additional: Just wait until Big Guv steps in and starts 'regulating' crypto. Janet Yellen wants to siphon up 'unrealized gains.' The IRS is already sharpening their long knives.
Buy them back at what price?
Prediction?
PAIN.
for the shorts. (Mr. T voice)
I know a lot of longs were wiped out by margin, but I'm not sure about the shorts. In those days they often had to cover by gaining the certificates in hand--which led to some tremendous short squeezes when the longs refused to relinquish them.
Can you imagine if that happened today? DWAC would bankrupt a heck of a lot of hedge funds.
It wasn't luck. Kennedy was an insider who, along with figures such as Bernard Baruch, cleaned up by shorting ahead of the 1929 crash. Roosevelt knew Kennedy had knowledge of all the games and so appointed him to clean things up. That led to Glass-Steagall. That was unfortunately repealed in the late 90s with disastrous results.
An anything goes attitude now leads to naked shorting and illegal activity. DWAC is already a target.
Buy and hold is the way to go. Can it go lower? Sure. Many of us will be more than happy to add at lower prices. Soon the shorts will find themselves hoisted with their own petards.
Everyone laughed at him many years ago when he predicted it, but Martin Armstrong will be proved right. The Dow IS going to 40,000.
He said the dollar had no other place to go, so it will go into the stock market. It has no place to go but up.
From the NY Times...as if they have any credibility left when it comes to DJT.
ha.
The DOW/SP500 at all-time highs.
Doesn't matter if big tech misses. Perma Bull remains.
LOL--yes....reaching deep into pockets there.
Pickpockets.
They don't just have their thumb on the roulette wheel--they have their boot heels on our necks.
Rates will have to be raised though if they want to cool down the inflation conflagration. Raising rates makes the obscene debt that much harder to service. Raising rates means it will tougher for them to keep their perma-green market green.
We live in an interesting time. A depressing time, too.
It was a sudden short attack--probably well organized, too. That's fine. The more shorts that pile on the more that will get squeezed.
I agree--those 'technicals' are good at predicting the past and that's about it. DWAC is going higher. That's all we need to know.
Nice pop in progress. Would love to see a giant short squeeze here.
Great. It goes to $52 again...a place to load up. Either way, what's the problem?
Let the flippers flip. To me, this is worth holding for longer than an hour.
Charts are excellent predictors of the past. This one is just getting started. I'd hate to miss the boat because of confusion over esoteric 'technicals.' Buy and hold.
Diamond hands.
Yes, he's smart--a stable genius.
We all know Trump is hated, therefore his platform will be hated and shorted. Let's see how that works out.
This is the real deal and it's just getting started.
Not a scam.
Trump issues statement on Truth Social “There will be no shadow-banning, throttling, demonetizing, or messing with algorithms for political manipulation”
This is nothing new. Remember the Great Banker Bailout of 2008? Hank Paulson shilled Congress for the bill that gave trillions of dollars to criminal banks. They committed crimes and taxpayers bailed them out AND they paid the banksters their bonuses. They got those bonuses first. Completely disgusting. If our Congress represented the people (they don't) they would have arrested Bernanke on the spot. Instead, the pattern of corruption became deeply engraved. The FED doesn't even bother to consult Congress any more. They do whateeeevvver they want to do including insider trading.
Tesla just hit a $trillion market cap. Markets going to another galaxy. UVXY destined for endless reverse splits until it's down to 1 share.
Shorts are blinded with emotion--they want this crushed. They've made a huge mistake. This could result in the mother of all short squeezes.