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True believers believe that fiat currency (such as USD) is rapidly losing value due to inflation, while Bitcoin, a decentralized currency with a limited supply, is rapidly gaining value. A TRUE believer also believes that fiat currencies will essentially become worthless in the near future, and...

Did he say where he lives?

They had a contest to see if anyone could write an article that managed to piss off both the anti-bitcoin crowd and the btc true believers all at the same time. This was the winner: A New Era: The ₿itcoin-Backed Monetary System | ZeroHedge

Exactly what I was looking for- thanks dude.

ive got some dry powder and youve picked some winners before, so im curious what about optt snagged your attention. If you feel like giving a brief explanation that is

Correct. Everyone seems to be stuck thinking the only two possible outcomes are: 1. Things continuing on as they have been for the last 20ish years. Or 2. Global apocalypse. Lots of scenarios in between where btc and gold go way up. In fact we have been in one of those situations for a...

Yeah I have "apocalypse" investments but they don't include gold. In a true collapse we would almost certainly be in a food/raw materials barter system for long time before we got back to a gold as a store of value scenario. And we would have to get through a period a pure chaos before we...

Yeah I know. I'm not expecting to be able to swap my certificates at any point for physical gold tbh. I didn't invest in gold because I expect the world to end. I invested in it because I expect it to go up in price.

I personally bought sgol. Obviously not the same thing as having the gold in your bedroom closet, but at least it's backed with actual Swiss gold.

I don't know, that's what I'm asking... Part of the issue is it's not just about retail goods produced in China, it's about things built in the US that require various parts and components imported from China (magnets, rare earth stuff, etc.). Apparently there is a whooooole lot of stuff that...

Hope you're right! This time feels different than Jan, though. And I'm not sure there's an easy off ramp this time. This isn't entirely in Trump's control. The Chinese can probably play this out until it becomes very uncomfortable for everybody.

Empty shelves by late May is seeming pretty inevitable. I know some of you guys are familiar enough with the global supply chain to answer this: what should I be stocking up on??? Is this going to be a like the covid thing where we couldn't buy TP, paper towels, and cleaning supplies?

Not a ton. About 10k worth (a little more now due to recent movement). I didn't ditch my equities, just rebalanced a little

Agree with this logic. Of course the *best* time to buy btc/gold was last year (or even better, 10 years ago), but it doesn't mean it's a *bad* time to buy now- especially if you are looking medium/long term.

Looks like it. Posted about this almost a month ago when we first started to see the divergence. I was pretty cautious about claiming a true divergence at the time, but we've now seen some sustained action that continues to point in that direction. Pretty awesome watching it happen. This is...

My last purchases were gold and bitcoin. Very happy with both, so far.

I was a huge skeptic of self driving vehicles being anywhere near workable until I tried Waymo. Kind of unreal how good their tech is. Haven't tried Tesla stuff, so can't comment on that.

Yeah reading several builds with Shadow Blade are uber strong (and rogue builds with Booming Blade). Also reading a lot of positive stuff about Arcane Archers.

Anyone have first impressions on the new subclasses? Any kickass builds? Anything a total waste of time?

I know several very smart people in the AI industry who say we have about 2 more years. Give or take.

If you're negotiating deals with adversarial polities the last thing you want to do is announce your tactics. If I were Trump I would be playing my cards extremely close to my chest. It's going to mean short terms pain and sacrifice (he's acknowledged as much), with the long term goal of...

You guys are still operating under the assumption that he gives a shit about what the stock market does. He has stated several times he does not. A bull market isn't the objective here.

Agreed, but I don't think you'll be here in the year 2100 to find out, unless you're way younger than the average age on this board.

Jesus man, how old are you? 15?

You're absolutely correct on this. My only thought was it's possible nobody "chooses" it, and that it ends up kind of inadvertently being the only option because no one can agree on an alternative. But yeah, gold certainly seems like the winner. That said, I don't know if gold would...

Assuming the new reserve currency is attached to a country.

Oof glad I trimmed yesterday

Sure, he acknowledged as much. One of the reasons I trimmed to get dry powder. We'll be back here in a week or two.

Didn't trim too much! I'm not overly bearish long term, really. But I think we all have to admit things are really volatile, so it makes sense we could see another big dip in the near future. Took some profit on PLTR which I have at a $30 cost basis and I got rid of all my AAPL. I've...

Just trimmed a bunch of stuff so I have ammo for the next drop.

Any idea who's dumping? The things I'm reading seem split between China/Japan/Hedge Funds

30 of them, I'm sure

It's been a bit but he always pops into this thread so I'm sure he can copy/paste it. Probably time for a refresher anway- considering recent events

@Flobee already has a good post on this.

Ive got my movie timing down to a science. I leave home exactly when the movie is listed to start, drive to the theater, walk inside, stand in line for popcorn, and by the the time I find my seat and sit down, the movie is just starting. Hasn't failed yet. I absolutely refuse to sit through...