Sunday, January 31, 2021

These wall street bets kids represent an existential threat to wall st

It has dawned on me that the reddit kids that are bidding up gamestop are an credible existential threat to wall st.  I really didn't get it before but I've gone over to reddit and now I understand their viewpoint.  They don't think gamestop is worth $500 per share.  They are not stupid.  All they know is that "the man" has left his ass exposed by getting too greedy and trying to sell gamestop into the dirt before its time.  In addition, while they want to make money, there is a clear vein of nonviolent radicalism and social activism that is extremely valid.  They want to use the corrupt system to beat the system.  And I think they now have the tools to do it:

  • social media
  • basic economic understanding about value and scarcity (which many learned from Ron Paul)
  • low cost market access
  • a herd that cares more about social justice 

This emergency response that robinhood did by limiting purchases for small investors while leaving no limits for institutions is completely corrupt and the kids are doing a pretty good job of pleading their case in public.  Texas AG Ken Paxton has just launched an investigation.  When dems and gops were all getting along at the expense of the people then none of this crap would ever get a fair shake in court. Dems and GOPS would make a big public show of opposition but then they would all go out and have a beer together and laugh about it.

But reddit kids are shaking things up and giving politicians who want to bolster public support for conservatism (mainly because they are scared that the balance of power has been lost to the dems) an opportunity to grandstand and to appear righteous.

I think future history will realize that Bitcoin was just the first act of economic civil disobedience.  It was the kids saying "we know we are getting screwed by the existing system so we want to start our own parallel wealth storage system".  It has been very successful to the point where wall st is now following their lead on Bitcoin and even countries are making their own central bank digital currencies.  If the kids aren't clever the establishment sharks will beat them at their own game.  They will take over digital currencies and then explain how bitcoin and other non government coins are really just for drug runners and terrorists.  With the swipe of a pen they could be made illegal.

But right now there is no doubt, bitcoin has created some young billionaires and many young millionaires.  And the gamestop thing has created some more millionaires.  We know it is hurting wall st because they are moving the goal posts and changing the rules - that is a sign of panic, not strength.

The absolutely correct next move for these kids would be to focus their firepower on platinum NOT silver.  If platinum goes up hugely, silver will certainly follow.  Folks, platinum Eagles are legal US tender.  The government cannot credibly attack these physical monetary wealth tokens as being something for terrorists and drug runners.  If they tried they would be the laughing stock.  And with only 10 billion market cap of above ground platinum they could bid it up 65x and still not exceed the market cap of bitcoin.  And, as mentioned before, bitcoin has 18 million coins in circulation right now but platinum only has 8 million refined ounces above ground and it would be VERY difficult to dig up more cost effectively in order to meet sudden overwhelming demand.

The old guard will laugh at this notion and say platinum isn't worth that much because it doesn't have enough industrial demand to support it.  But these kids aren't playing by wall st rules.  Does bitcoin have any industrial demand??  NO!  It's not even a real thing. Nobody has ever seen or touched or held a bitcoin.  The kids say it has value because it is scarce.  That's all.  Nothing else.  And since its their money, who can argue?  Wealthy people pay huge bucks for shitty ugly paintings all the time.  Why?  Because they have the money and they want to spend it like that.  This is free choice in action

Finally, I want to point out what is funding all these recent reddit attacks.  It's the free currency that kids are getting from government.  By trying to buy their votes, the liberals are financing the downfall of the system that supports them.  By trying to control people with fake money the establishment is speeding the collapse of fake money.  This is the reason that unstable nonlinear systems as Jim Rickards always teaches are unpredictable.

Saturday, January 30, 2021

Stupid is as stupid does.

I think all we have to do is let them continue to vaccinate themselves and the problem will be solved.  Another fool who was not sick took the vaccine and perished.

I think these two quotes from the article sum it all up.  First we will hear the last words of the winner of this years medical Darwin award speak for himself:

“Never been so excited to get a shot before,” he wrote on Jan. 5, above a photo of the Band-Aid on his arm and his COVID-19 vaccination card. “I am now fully vaccinated after receiving my 2nd Pfizer dose.”

Now to pile onto the stupidity, his wife, upon seeing her husband suddenly die, should have said "oh what a mistake, I rue the day he got that shot".  But no.  Instead she says:

The message is, be safe, take the vaccine — but the officials need to do more research. We need to know the cause.’

This is the mind of the liberal.  Despite the fact that the fool just died, taking the shot can't be a bad idea because she and her now dead husband so fervently believed in the omnipotence of their Godverment.  I have no words for this except that you can't fix stupid.  We humans are just experimenting here.  We really have no idea of the short or long term affects of taking these shots.  Enough people have died from this now that it counts as two major school shootings.  Who will be prosecuted for this?  And of all those who took the shots, they now consider themselves safe but they have zero real idea of the efficacy. We do know that one of the leading old guard drug manufacturers in the world, Merck, tried their asses off to cash in on the covid insanity and spent billions fast tracking a new drug only to simply cancel the program and give up saying that there was no evidence of efficacy over simply living life normally and letting our bodies deal with it the way they always have.

I think corona viruses are simply part of nature and that man is in no way sophisticated enough to take on nature, and it will take another 50-100 years before that changes in any substantive way.

Amazing to see the insanity of the left.

An article in google news caught my eye as I was scanning through.  Since its google I have to assume it will be pushing the liberal viewpoint but unlike most conservatives I will read it anyway in order to know the mind of the delusional left and to avoid drinking any kool-aid either left or right, too much.

So I click on the article and its from Psychology Today.  The title is "why your abusive narcissistic mate claims to be the victim".  OK so we have a link provided by google which means there is 85% chance it will have a strong liberal lean.  Then it's from some woman writing for the liberal Psychology Today mag.  Add 10% more chance that it will be strongly left leaning.  But then we have a title that projects leftist behavior (being the narcissistic asshole but claiming victim hood).  OK so now we are up to 100% chance that it will be yet another leftist man hater propaganda article.

The article leads with this intro:

"Have you ever wondered why so many narcissists devalue and humiliate their mates and then claim to be the real victim in the relationship?  Some of them even accuse their non-narcissistic mate of being the real narcissist.  Many of my clients report that during a fight their narcissist mate will lie and mischaracterize what is going on in an attempt to seize the high ground.  These abusive mates conveniently forget the many nasty things that they said and did during the argument and instead fixate on the one harsh thing that their abused mate said in their own defense.  Let me give you a few examples so you can see what I mean and then I will explain what is really going on."

And then of course her first example is a guy, Carlos the Complainer.  The second example is another guy because, of course, men are just the only problem in the world.  His name is Walk Away Will.  The final example is the shortest word count and weakest argument and it is saved for Janet the Cheater. You always need one weak example in order to claim that you have no bias.

And so there it is in a nut shell.  The insane left use victimhood and mischaracterizations of everything in order to try to mind fuck their opponents and gain a more strategic attack point (high ground).  I want to thank the leftist fool with the cereal box top Ph.D. Elinor Greenberg for laying it out so clearly.  

I also want to say this: conservatives need the left as much as ants need the grasshopper.  Life is one big act of consumption.  That's the way it is.  The very first book in The Bible, Genesis, makes this very clear as it explains how animals and plants on the ground along with fish in the sea and birds in the air were all put on the planet for use as food by mankind.  We must consume to survive.  Conservatives know that in order to actually consume something, most people are going to have to produce something FIRST.  Not eventually.  Not someday.  But FIRST.  The ants know this.  Its the liberal grasshoppers who think the world owes them a living.

The best thing a conservative man can EVER do for himself is to find a good conservative woman to live life with.  It is the gift that keeps on giving or at the very least the absence of a cancer that keeps on growing.  Young liberal women can be very tempting but the risk of them growing into a useless liberal old lady is too high.  Find someone who is not highly likely to turn openly crazy on you in their 40s and you will live a much happier life.  Don't think that you can change them.  You can't.  It will be a lifelong struggle that you will eventually lose.  Avoid the path from the get go.

Moving closer toward violence on the congressional floor. Fist fights or more...

Liberal Cori Bush made a big scene about needing to move her office away from that of Marjorie Green out of fake safety concerns for her and her staff from the unhinged right.  But this is what Marjorie Green was doing when they yelled at her to put on a mask.  She was talking into a selfie camera away from everyone.  So it's more and more clear that everything the left says, all of their bombastic claims are just liberal hallucinations and mass insanity.  

 I'm specifically referring to the obviously fake accusation of trump colluding with Russia, the fake threat of the NRA taking over everything, the fake characterization of out of control protestors entering the capital building as "a siege" and "a coup" and that Trump "ordered" his supporters to do it thus making him culpable for their actions.  Nothing the left says can be taken at face value by anyone of even moderate intellectual honesty.  This does not make all GOP saints, not even close.  The vast majority of them are RINOs still.  But when the right as a group begins to make accusations, it has some kind of substantial evidence that should be looked at be it sworn affidavits from private citizens and other video evidence that led to 17 states to ask SCOTUS to overturn Biden's win  or physical evidence like "crack pipe hunter" biden's laptop which contained clear references to pay for access corruption on the part of joke biden.  Even joke biden admits that he used US loan guarantees as a hammer to get the Ukrainian prosecutor fired because he was going after hunter biden's corrupt burisma company.  Hunter biden was hired to the board of burisma as a political shield and paid very well for his corruption.

When the left accuses of something, they just make up whatever unfounded shit they want to but when the right levy accusations, there is always significant evidence, if not outright proof that would warrant a reasonable and intellectually honest person to not jump to judgement, but to at least demand a full and transparent investigation.  The left in turn, buries these stories in the media and then makes up a fake and unfounded counterclaim to distract everyone from the truth.

The picture below isn't just hunter with a crack pipe.  It's the battle cry of the entire left.  They are all smoking crack and expecting those of us who are not insane to believe their every word.  Not going to happen folks.  We will see those fist fights or other serious violence on the congressional floor because both sides and thrown down the gloves and are in full battle over the future of America.

And to those fools on the right who are cowering in their own shadows, afraid to speak out and do the right thing in the belief that G_d will make his presence obvious soon with the goal of saving you from your own cowardice, dream on.  When G_d returns to the public eye it will be to judge us, not to save us from our own pathetic weaknesses.

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