Stock Market

KSnative

Active member
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?
 

webguy

UPH Owner/Founder
Staff member
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?
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."


 

KSnative

Active member
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."


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!

Say what you will, it certainly looks as if the dominos are all falling in a straight line. Might as well make an honest buck in the process. Any favored suppliers? Construction sources (not GE, still too hit from the the third Hiroshima).
 

KSnative

Active member
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).

I 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. :cool:

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.
 

lubers

New member
Bad day today took some major hits in the stock market, broke my bridge and spent three hours in the dentist chair then when I left missed a step at his office and fell flat on my face. Should have stayed in bed...
 

webguy

UPH Owner/Founder
Staff member
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).
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. ;)
I 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. :cool:

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.
Yep, absolutely ZERO inflation. John Williams has been on top of this for years http://www.shadowstats.com/alternate_data/inflation-charts

My typical advice of dollar cost averaging is not advised during these times... I agree. Michael Burry has been tweeting up a storm and it's getting interesting. I follow him daily and he deleted a lot of tweets last night after a 20 hour bender. Bizzare. That's why I also follow a Twitter Archive of him https://twitter.com/BurryArchive and he's usually dead on.

He's been going nuts on weimar republic and interest rate issues. Really interesting what he is talking about.
 

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KSnative

Active member
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!

Say what you will, it certainly looks as if the dominos are all falling in a straight line. Might as well make an honest buck in the process. Any favored suppliers? Construction sources (not GE, still too hit from the the third Hiroshima).
Update.

President Biden no longer wishes to crush natural gas along with oil. He told union leaders this today, so you know you can put it in the bank - better dump those uranium stocks pronto.

To show you what a pal I am - I'll take 'em off your hands at only a small discount. :)
 
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