Investing General Discussion

Jysin

Bronze Baronet of the Realm
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Yes, this is the key problem. Your portfolio increased, but your purchasing power plummets with a weaker dollar. (Weaker dollar makes it easy on the gov to repay debt at future devalued currency). All at the expense of savers.

If you’re not invested in assets, you’re getting blown up in wealth. Property, gold, bitcoin, stocks.. everything to try and protect purchasing power.
 
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Jysin

Bronze Baronet of the Realm
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Interesting look in Bitcoin this weekend. It is just fading, lost the 20 and 50D MAs. Lost 50% of the post-Powell move so far. Maybe it wants to retest the 100D? Important to watch, as BTC has generally been a risk-on / risk-off indicator to the market in recent months.

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Furry

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<Gold Donor>
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Why is USD so weak against the euro anyways. Euro economy is retarded and gay and all the people over there are poors. I'm not sure why, but it really annoys me to see my number get smaller when it is converted to euro. I'm in america, it should stay the same or get bigger.
 
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Tmac

Adventurer
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Why is USD so weak against the euro anyways. Euro economy is retarded and gay and all the people over there are poors. I'm not sure why, but it really annoys me to see my number get smaller when it is converted to euro. I'm in america, it should stay the same or get bigger.

Fees?
 

Gravel

Mr. Poopybutthole
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I'd imagine just the devaluing of the dollar by over printing it.

If the money supply was more stable, I'd like to think its value relative to other currencies would also be more stable.

Basically you're seeing the purchasing power loss of a dollar that normally gets hidden because everything you do is denominated in dollars. When you start to compare it to something in a separate system, it becomes more apparent.
 
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Captain Suave

Caesar si viveret, ad remum dareris.
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We never fucking learn...


This is... not right.

"Fixed-rate mortgages dominate U.S. households, comprising about 92% of all home loans."


They're not even 40% of current applications.

“ARM applications increased 25 percent to their highest level since 2022, and the ARM share of all applications was almost 10 percent.”

 
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Jysin

Bronze Baronet of the Realm
6,994
5,312
Interesting look in Bitcoin this weekend. It is just fading, lost the 20 and 50D MAs. Lost 50% of the post-Powell move so far. Maybe it wants to retest the 100D? Important to watch, as BTC has generally been a risk-on / risk-off indicator to the market in recent months.

View attachment 599232
Update: Bitcoin value has erased the entire post-Powell bump.
 
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Jysin

Bronze Baronet of the Realm
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TradingView doing a decent flash sale on annual subs. Premium at $18 per month is the solid deal for 70% off. Typically need to wait until Black Friday deals for this level of discount.

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Jysin

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Also a note, Bitcoin testing trading under the 100D here again today.

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Rangoth

Vyemm Raider
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This is the first time MSTR has gone below the 200D in over 2 years. It's still near it and seems to have hit a level of support, but who knows. I don't really know what this means. Is it part of a larger signal of a downturn in the dollar/economy? Have people finally moved from his common stock to direct bitcoin, his preferred stock, or some bitcoin offering from the major players(fidelity/vanguard/etc)? or is this just an isolate sign his meme idea of banking half of the worlds bitcoin is no longer an attractive investing bucket.

I've always found this play interesting as it's about as much of a one-trick-pony as possible. Anyway it looks like it does have some downward motion to go but I am keeping an eye on it as when this thing decides to find bottom it will likely recoil up very quickly. I don't see this as another slow grind back.