Abandon Hope

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Abandon Hope

Postby shinnosuke » Fri Jul 19, 2024 11:46 am

Zerohedge is out with an article explaining why we're all mad, absolutely mad, for believing that our copper piles are worth anything. At least for now.

https://www.zerohedge.com/commodities/c ... ower-short
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Re: Abandon Hope

Postby 68Camaro » Fri Jul 19, 2024 3:36 pm

Short term day trader gobblety gook. 15% off all time highs is nothing, and the take away at the bottom is traders believe there is a long term deficit in Cu supply. I know your comment is tongue in cheek, Shin. However, for the rest of you, feel free to panic! Lol
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Re: Abandon Hope

Postby shinnosuke » Fri Jul 19, 2024 7:14 pm

May we all become millionaires many times over. Copper king has a nice ring to it.

Just wish it wasn’t so heavy.
“Google is what happens when we pool information energy on a software network. Everyone understands this. Bitcoin is what happens when we pool monetary energy on a software network. Few understand this.”
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Re: Abandon Hope

Postby 68Camaro » Fri Jul 19, 2024 7:43 pm

shinnosuke wrote:May we all become millionaires many times over. Copper king has a nice ring to it.

Just wish it wasn’t so heavy.


Yeah, one moves from copper to silver because copper is heavy. Then from silver to gold because silver is heavy! Lol
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Abandon Hope

Postby Doctor Steuss » Tue Jul 23, 2024 4:14 pm

68Camaro wrote:
shinnosuke wrote:May we all become millionaires many times over. Copper king has a nice ring to it.

Just wish it wasn’t so heavy.


Yeah, one moves from copper to silver because copper is heavy. Then from silver to gold because silver is heavy! Lol

Hopefully someone discovers mithril soon. I could use another downgrade on mobile wealth weight.
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