Elliott
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Everything posted by Elliott
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Elliott replied to Husseinisdoingfine's topic in Society, Politics, Government, Environment, Current Events
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"Timing the market", if governments print money they can keep the market afloat, that's why they do it. "Government Stimulus". Timing the market is not investing, it's trading/gambling.
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Watch Graeber destroy him here, politely, and to this day Thiel still strawmans the left on these topics. It's so frustrating that these people are elevated in our culture.
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He trips me up, he was a philosophy major at Stanford so he knows a lot of philosophy, he speaks a lot about it, but he doesn't seem to actually apply it.... He was in a conservative club at Stanford and has repeated HIS dogma almost verbatim since then. It's very weird to me.
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Do you have a website?
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@shubhamsharma listen to your doctor, they help people, it's why people go to doctors.
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Elliott replied to Husseinisdoingfine's topic in Society, Politics, Government, Environment, Current Events
Just so the Europeans know, British and French warships are giving the U.S. cover right now, depleting YOUR interceptor missiles and making Europe a target for Iran. -
Elliott replied to Pure's topic in Spirituality, Consciousness, Awakening, Mysticism, Meditation, God
Eminem -
Ya, climate change is here.
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The gulf stream warms up Europe, its why Norway gets warm, without it it will compensate for global warming a bit.
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I think he says because of the gulf stream disappearing
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Elliott replied to Husseinisdoingfine's topic in Society, Politics, Government, Environment, Current Events
Prepare for hacks and internet/business outages in u.s.. keep your passwords changed, keep cash. We're moving toward ww3 The u.s. should only have like a week left worth of ammunition, but China might do something at the end of that. -
@Thought Art definitely chaos
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The polar ice caps will melt and those will be the survivable areas. I think its survivable. Fossil fuel use will cease pretty quickly when the climate crashes, the economy and industry won't be able to function.
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Elliott replied to Husseinisdoingfine's topic in Society, Politics, Government, Environment, Current Events
Iran killed 3 more terrorists Now we can extradite all republicans to Iran, project 2029. Law and order. 🇺🇸 🇮🇷 -
Your ancestors lived through just as bad It just means we get to go full hippy..... maybe might have to kill people too - heritage!
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It was good while it lasted 🤷 many of us tried. If the climate crashes so will fossil fuel use, so Maybe when the climate recovers in a thousand years our descendants will learn from our failures.
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We're all in it together ✊️
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When they print money it increases the cost of everything including stocks, stocks should go up at the same rate as inflation so long as there's no recession. say 1 gram of gold buys 1,000 loaves of bread today, if they print money everything else being equal 1 gram will equal 1,000 loaves in 100 years, no matter how much they print. Printing just devalues the dollar. Gold is a good hedge against recession though, but you have to sell near the peak, you don't just hold onto gold for a long term investment . Sure against the dollar it goes up forever, but not against bread.
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Elliott replied to Thought Art's topic in Society, Politics, Government, Environment, Current Events
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There's an important distinction to make with Gold, gold is not used up and its mined, the price fluctuates tremendously but only because of stock market volatility not because of it's intrinsic value, gold's intrinsic value never really changes. So gold will have a generally inverse relationship with the market, but treating it as an investment rather than savings is assuming regular-extreme market volatility, and timing your sell. Gold can save you from inflation, but it's not going to grow organically like new industries. I would definitely hold gold over u.s. dollars right now though, not so much over Euros. Long term it's just a savings, not an investment. You should usually buy gold when the economy is good but you see a glaring market pit(when a republican is elected). Everyone has been seeing the pit already since Trump was elected again(you're a bit late for it as more than a hedge). You should usually sell gold at the end of the "pit"(when Biden was elected on the chart, or halfway through Obama admin). Gold is about trading(timing) not investing. My favorite area to invest right now is Brasil, an emerging economy. There's always somewhere to actually invest(rather than savings/gold). Yes the u.s. market in general is going down the tube, but if you pick a winner in say Brasil, you will likely compensate for inflation(u.s. printing money) without even any actual growth in the Brasilian company, so long as they don't crash. Just puting your cash in an etf and forgetting it is pretty crazy though, you'll do 'fine' but everyone should educate themselves in finance.
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I don't think so, I think it's cultural, "the movies" warping people's behaviors. People do shoot robbers running away here, but they go to prison with the robbers.... People shoot people for far less than robbing, we have Americans shoot delivery drivers just for knocking on their door. Recently an old guy shot a little girl that was lost and knocked on his door, cops shot a 5 year old with a toy gun, a family chased down and shot a black jogger, .... but they all go to prison(the 'vigilantes'), it's only in the movies that they're treated as heros. We're the land of retards. Here's a case in Texas where the robber was even still in the house, and the homeowner got charged for murder https://www.walb.com/2026/01/12/man-charged-with-murder-after-he-shot-killed-an-armed-home-intruder-police-say/ You have to be careful getting your ideas from retards
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That's just in the movies.
