FYI. I’m not at all bitter even if I may sound it. In my youth I studied the history of money and the federal reserve system. After ‘the light bulb went on’, I felt I had no choice but to teach myself to invest/trade (play) the inflation/deflation cycle ‘game’ that the fed plays
Money will always be created in ever growing quantities. The game is to invest now where you’re sure it will flow to next #uranium as a sector is that place. The entire sector has such a tiny market cap (sub $100b) even if you include government owned entities.
The sector will be valued in the many trillions and ultimately be the recipient of trillions in newly invested dollars. Many of which will be freshly created and invested into it by governments themselves. We are at the dawn of a nuclear era.
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It shouldn’t be a surprise that the Nobel prize is awarded to a financial industry cult loyalist. Over 100 years ago the Federal Reserve system was created by the banksters so that they could create unlimited money via a fractional reserve fiat system.
They co-opted both the sound money and democratic system for greed of wealth and power. The ‘system’ they created allows financial institutions to create money out of thin air and lend it while charging variable interest rates.
The average person actually has to work providing goods and services to the economy to earn the money to pay both the interest and debt.
The ‘system’ employs its most hardened supporters to work in ‘education’ to brainwash our children on how well the system works.
Let’s face it… the USA can’t run a balanced budget in the best of times. What the fuck does everyone with will happen to tax revenues when the economy slows. What about government liabilities and expenditures.
Deficits will explode higher again and it will 100% necessitate printing / monetization of the debt and deficits by the Fed. You have to be a complete idiot to believe that the Fed ‘governors’ are actually going to fight inflation over the long wrong. It’s just a bloody game
They fight for it for a time and crush the most vulnerable people. Toss people out of homes that took on mortgages they can’t afford. Squeeze marginal people out of the work force. Make the poor turn down the thermostat and cancel trips. It’s a sick game. Serious sick
@knarfmartini2@SloCan68@UrTokenCorgi@uraniuminsider Could be taking off now… could be later this fall. But it’s gonna happen. Urnm enthusiasm and fund flows will feed u.u to buy more physical. The resulting jump in the price of physical #uranium will create more enthusiasm and draw investment demand
@knarfmartini2@SloCan68@UrTokenCorgi@uraniuminsider $Urnm is a long way off it’s spring high and can easily cycle back up in the process it will help feed lbs into $u.u $spruuf fuel buyers/traders all watching this unfold will lift offers and raise bids. Some hedges will try to front run. Result will be explosive
@knarfmartini2@SloCan68@UrTokenCorgi@uraniuminsider If the jackasses that like squeeze plays like $gme $amc decide to join the party then look out… it will happen this cycle. The nuts that play crypto and short squeezes should be all over this trade cause it’s 💯 gonna play out even better than it did 2003-2007.
This storm is nearly the size of the entire state of #Florida and it’s relatively unprecedented for a storm this large to also be this powerful. The storm surge is catastrophic. #StormSurge
#climate change denying is going to get more difficult and more expensive
The move from #coal to #nuclear#uranium will keep gaining momentum. I’m deeply invested in this space because I believe it’s the only practical solution that we have. Coal consumption just keeps going up each year. The push to electric vehicles is just pissing in the wind…
The full cycle effect of EV’s without getting the global grid off coal is completely meaningless. Possibly negative when you consider the pollution and power consumption to make and recycle batteries with specialty metals.
Don’t believe a single thing the central bankers say… all the do is react to changing conditions and ultimately make things worse.
The idiots made mortgage money cheap with out the appreciation only will create a massive bubble and make houses prices go sky high and ownership for 1st buyers incredibly risky. Ultimately it also made our financial institutions dependent on ponzi finance to prevent implosion
I’ll add.. one formula I always have strived for is to be right more than 50% but consistently making on average 4x what I typically lose when I’m wrong.
Means that if I strongly believe something has 50% I shouldn’t be risking more than 10-15% downside
But note.. when I shoot for 10x or 20x returns I can tolerate some 100% losses in my portfolio. It’s sad when it happens but expect it to happen.
Diversification is important. Risk management. Also hedging etc. and when it comes to portfolios all your assets and liabilities should be considered along with your ability to earn income from your personal labour or business.