11 Comments
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Dean Whiting's avatar

It would be interesting if a YouTuber sat down with each member of congress and had them read this article and then have them discuss it on camera. Could they even do it for 5 minutes?

TA's avatar

The house had Rep. Ron Paul for many years, and Senate has Rand Paul - but gives them very little notice. Too busy spending and grifting.

Allan Richard Wasem's avatar

Continued inflation of the fiat debt supply (not "money") by the Central Bank inevitably eventually distorts every single financial transaction in the economy, leading eventually to von Mises' "Crack-Up Boom". We are there now!

Eri Baus's avatar

So good/insightful... another post to share ams educate with... thanks!

fab's avatar

Nothing to do with that but I just read that Bury started a position in LULU. I'll read this article after market close.

Lone Wolf's avatar

I guess Bury likes unintended see-through leggings when one bends over. All the CA fashionistas have gone ultra baggy. ....unless Bury has privy to a complete company overhaul?

Bob Nixon's avatar

He has a position in PYPL as well. He presents his rationale in great detail in his Substack.

Lone Wolf's avatar

Thanks, Bob. I appreciate it. I see that Bury sites LULU as a high quality brand yet there were Major customer complaints over thinner material leading to the embarrassing bend over issues I mentioned - and a pause in Online Sales. That's a Big Management misstep and the inverse of quality. I live in Coastal CA and trends break 1st here and nobody "cool" wears synthetic Body Girdles anymore. It all ripples from here. Seems he also Doubled Down. Dollar Cost Averaging on what so far is a Falling Knife is not what I would expect from Bury...then again I don't know his methods well. The 20/50/200 Weekly MAs are all diving down. I will never again "guess" a bottom on any stock. They are broken for a reason and I need a confirming trend change. That's a 4-Alarm fire for me. It's his money...not mine.

Totally unrelated- Gold finishing a 4-Month consolidation and looking to Skyrocket.

Bob Nixon's avatar

He was also buying GME until the eBay kerfuffle which lead to closing his position. I think both gold and silver will appreciate significantly going forward.

Lone Wolf's avatar

Agree. Gold Chart below shows the 4-month consolidation settling in with a KEY Higher Low, this month, (Technically Bullish), that looks like a Rattlesnake ready to lunge UP. It is right near the downtrend line from the ATH. We will know very soon :) - A break above the downtrend line, on Volume, and it's off to the races.

https://finviz.com/futures_charts?p=d&t=GC

Final thought on Bury, I'm really surprised. His 1st stab at LULU was almost $150 higher (Ave $274.90). Yikes! I don't think that's anyone's idea of managing Capital. Then he goes again?! That goes against trading 101 Tenets. He's also slightly underwater in PYPL and the Daily MACD is just now rolling down. Textbook Gap Fill at $52 then plunges back down.

https://stockcharts.com/sc3/ui/?s=PYPL

Better him than you or I.

george's avatar

We beat the Confederates. The plantations remain.