I saw that. I can't tell you what the hell is going to happen. It might go to 350K. Might go to 5K. I certainly wouldn't bet against it!No shortage of crazy these days.
Bitcoin down about $5k at the opening today. A buying opportunity - or the first little leak in the dam?
Like you, I see no practical alternative to huge increases in nuclear power (safe and clean or not) if the move to suppress oil and gas succeeds over the longer term. Any chance we could get some of our uranium back from the Russians? Guess not. At least, not in the form we'd want it!I saw that. I can't tell you what the hell is going to happen. It might go to 350K. Might go to 5K. I certainly wouldn't bet against it!
This interview with Bill Gates was interesting. A lot of interesting takes can be made from this. As far as Uranium goes, his TerraPower is interesting along with Michael Burry buying - "Attention is moving to uranium stocks after a recent surge in the underlying commodity. Investors are betting that uranium will play a bigger part in a green economy. One investor who is joining the action is Michael Burry of the infamous “Big Short” film. Burry made a reported $270m through his investment firm betting on GameStop (GME) and now he sees value in uranium."
I used to watch CNBC religiously in the background while I work and what not. I shut off my TV subscription, so I'm working on alternative stations which so far are sort of blah, but "you get what you pay for". Plex has Cheddar and Yahoo Finance... not bad, more talking heads.Bitcoin futures are up a couple K this AM. If you are considering rotating your assets so as to bend your risk curve (I love the way the pundits speak). There sure are a of experts out there but the real expertise would be in knowing which ones to listen to, which ones to ignore, and which ones to run like hell from. At least Maria B (Futures), and Larry Kudlow speak in terms that even I can understand. And seem to have some common sense about them (even if Larry is maybe just a tiny bit RINO).
Yep, absolutely ZERO inflation. John Williams has been on top of this for years http://www.shadowstats.com/alternate_data/inflation-chartsI just thank God that the Fed is wise enough to recognize that we have no inflation at present, and that this must be corrected at all costs.
But seriously. Not sure this is the best time to adhere to the time honored approach of dollar cost averaging. We are in unknown, choppy waters.