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Parley

Have you bought any bitcoin ?

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I think Gold and Silver are more about holding their intrinsic value over time not going up in value.

Gold and Silver have stayed at the same value but the currency you buy it with has devalued massively over the years. It seems like the gold has gone up in value but the reality is that the dollars are worth less so you need more to buy the metals.

 


Buy a man eat fish. The Day, Teach Man, to lifetime.      - Joe Biden.

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Old Elon is shaking things up this weekend. He is a bit of a rascal. I do wonder when someone will try and clip his wings. He is basically threatening to trash the economy if the government try to tax him.


Nearly there! Don't drop the ball now guys! Vaccines are weeks away. Stay safe!

 

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5 hours ago, newjez said:

Old Elon is shaking things up this weekend. He is a bit of a rascal. I do wonder when someone will try and clip his wings. He is basically threatening to trash the economy if the government try to tax him.

I saw his poll on twitter.  I'm all for free markets but it's scary the power the ultra rich hold.

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KOD finally got there mining license, onwards and upwards

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On 29/10/2021 at 09:42, newjez said:

Australian bond yields are behaving very strangely. This could bring forward an interest rate rise and have repercussions for the mortgage market and house prices. Will also push up the Aussie dollar short term - medium term.

Make sure you read the small print if you are buying a house, and make sure you go in with your eyes open. Consider income protection etc etc. Not financial advice, but suggesting people seek it 

https://www.perthnow.com.au/business/property/house-prices-heading-for-huge-drop-in-perth-says-bank-c-4662350


Nearly there! Don't drop the ball now guys! Vaccines are weeks away. Stay safe!

 

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14 hours ago, Parley said:

How is mystic meg doing with the tips?

Quite well actually.

About to go long on gold and tech for a couple of weeks.

Bitcoin should see a bit of a boost soon too 

Bullish soon till early December.


Nearly there! Don't drop the ball now guys! Vaccines are weeks away. Stay safe!

 

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On 24/11/2021 at 09:17, newjez said:

Quite well actually.

About to go long on gold and tech for a couple of weeks.

Bitcoin should see a bit of a boost soon too 

Bullish soon till early December.

This new covid variant may be spooking the sharemarket.


Buy a man eat fish. The Day, Teach Man, to lifetime.      - Joe Biden.

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6 hours ago, Parley said:

This new covid variant may be spooking the sharemarket.

Looks like soon is around about now.

Nice buying opportunity. It can probably go a bit lower, but that will be a good base for a melt up.

Probably down again on Mon, Tue, then big bounce, then drop around about the 8th December, then I expect a Santa rally.

But things are getting very volatile.

When gap loses 25% of its value in a day? That shouldn't happen. Gap should be a boring predictable company. This means that markets have become inefficient and companies cannot be valued. So we are just moving with the momentum of liquidity. It's a dangerous place to be, but where there is great risk there is great opportunity.

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Nearly there! Don't drop the ball now guys! Vaccines are weeks away. Stay safe!

 

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I'm guessing simmo finally bought crypto judging by the price drop?

Should bounce from here next week if you want to get out, but that may be the last chance you get for a while.

I suspect it won't do well under financial pressure, and we are entering alot of financial pressure.

Good luck all.


Nearly there! Don't drop the ball now guys! Vaccines are weeks away. Stay safe!

 

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20 hours ago, simmo said:

Good time to buy?

Get in there 👍 already on the up and when the ethereum upgrade happens it should move up

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