William K. - Comments

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Well This Looks Disturbingly Familiar
3 years ago

The fact is that gold is always different. While the "price" may dance around, the value is stable. We should always be thankful that gold was created for us so long ago. It could not have been a random thing.

Fed Grilled About Sound Currency
3 years ago

If the federal reserve bankers do really understand what is required for actually sound currency, then they should all be tried for treason for intentionally causing so much damage. And iif they do not really understand, then they should be tried for lying on their job applications.

Crypto Carnage Continues As 'Whale Wars' Rage
3 years ago

Whales??? I am not understanding. this.

In this article: BITCOMP, ARKK
Market Took A Bite Out Of The Plant-Based Food Stocks Index In February
3 years ago

While a narrow focus may play some trends very well, there is a lot to be said in favor of diversification. As we see here.

Aggressive Reddit Short Squeeze Activity Still At Play
3 years ago

Of course, playing the squeeze game can be fun if other people's money is used. And much less risk as well. But making money dancing the squeeze demands perfect timing, as well s willing buyers.

Well This Looks Disturbingly Familiar
3 years ago

Perhaps a start would be to hold the federal bankers personally liable for the damage and demand that they pay. And then raise the interest rates just a bit. And then realize that what is good for the financial sector may not be good for the rest of humanity, and let those folks suffer a bit. Not taking from them, just not hurting the rest to protect them.Certainly a radical concept,

And then change the rules so that constant inflation is no longer the policy of choice.

Why Collapse Occurs; Why It May Not Be Far Away
3 years ago

Amazingly enough, if you look back, that first Oip Shortage was only a shortage of CHEAP oil. There was never any shortage of expensive oil, it was available immediately. And the $120 per barrel that the oil companies "need" is to keep the obscene profits that they have decided that they observe. Just look at the profits and all of the complaints seem like a spoiled child demanding more deserts.

And the problems of insufficient wages are at least partly due to the workers having insufficient skills and motivations to deliver service worth more. And the very rich get richer because those controlling their pay have no reason to demand service worth that amount. They are a board of directors not really involved, and the compensation excess does not affect their incomes at all.

What To Do Before The Tech Bubble Bursts
3 years ago

It would seem, based on looking at graphs without any information as to the events driving things, that when the price to value ratio starts to drop, that might be a good time to sell. Of course, while the price is simple and easy to know, the actual value is far less obvious. In fact, the actual value is even a challenge to define or understand, and it may also be rather intentionally hidden.

Cronos Group Reports Dismal Q4 Financial Results
3 years ago

An interesting post, but what is missing is any conclusion as to what was the cause of those "Dismal 4Q results", after such an encouraging rise. Only rarely do things just happen with no cause, and so some analysis could have been quite educational, or at least interesting.

In this article: CRON
New Global Reserve Currency?
3 years ago

Quite interesting, and as an American firmly invested in America, it is also rather depressing.

I have spent some time in China and paid attention to the people, and certainly it will become a huge world power, unless some incredible calamity arises. And there is no possible way that the USA can prevent it, unless somehow all of the factory workers can be unionized and all of the youth can have their attention span reduced to less than two heartbeats, like so much of our younger folks.

Based on this reality it does seem that our government should place far more value on not starting any fights with China.

Certainly the assertion that "there is no entity so grand and successful that mismanagement can not destroy it" is correct, as history has demonstrated. And that more current statement that "You Can't Fix Stupid" may also be shown to be accurate.

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