Showing posts with label $GME. Show all posts
Showing posts with label $GME. Show all posts

Sunday, January 31, 2021

What Will Tomorrow Bring? A Short Sunday Sermon

 


What will tomorrow bring? Will $GME (Gamestop) go to Mars and everyone's favorite crypto, the lovable Shiba faced Doge, go to the very Moon and hit $1.00? Who knows, it was trading at 0.044 this afternoon before falling to 0.038. Woof.

In the meanwhile, Melvin Capital's lost a reported 53% on it's investments in January, that's around $6 billion vaporized in blown up shorts, not least the now fabled $GME. More hedge fund pain's surely soon to follow because an autist army of raiders, backed up by a few billionaires, are HOLDING THE LINE and not selling. There's apparently plenty of uncovered shorts out there yet to plunder.


House of Gold

According to Millionaire Socialists like Elizabeth Warren and assorted shills in the lying, corrupt, venal, mendacious, aggressive, smug, hypocritical media this is nothing less than an act of violence by white supremacist, anti-semite extremists. Like, how dare they attack our sacred Hedge Funds of Progressive Democracy!


You Utter Frauds

Come on, Commies, shouldn't you be against our stratospherically wealthy Oligarch Overlords? Apparently not, and to be fair, it's not easy being a Millionaire Socialist without millions of dollars to make it happen. But here at the Compound we have a different take. In the words of the Apostle (Eph 6:12):

For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. 
Ain't that the truth, and if it looks like holding $GME and sending the world's most attractive e currency into orbit, backed by the full faith and credit of bones buried in the garden, well, so be it. Buy low, sell high. In the meanwhile, put on the whole armor of God.

Here endeth the lesson,

LSP





PS. Some say there's a bizarre disparity between physical silver SLV and paper silver and if everyone suddenly demanded the real deal, as if pirates, there might be an issue with the procurement and delivery of bullion. Don't say JP Morgan. But that's a different sermon.

Saturday, January 30, 2021

The Doge

 


People are wondering if the US Dollar, the world's reserve currency, is worth all it's cracked up to be. It's backed up by the "full faith and credit" of the US government but what's that worth? 




Maybe not so much. How much is your Dollar, which is nothing more than an IOU at interest to the privately owned Federal Reserve Bank really worth? Good question, which is why the dollar's short and savvy investors are flocking to Dogecoin. Yes, Dogecoin.




Dogecoin is a crypto currency with infinite upside, like any other fiat currency, but unlike the busted US dollar it's got a cute picture of a Shiba Inu dog on its face, as opposed to Harriet Tubman or Alyssa Milano. It's also really cheap, like Bitcoin used to be, coming in at $0.030 at the time of writing.




So let's cut to the chase. You maybe can't afford the amazing and brilliant $GME right now because it's trading at a sturdy Hedge Fund killing $328 and set for a Mars shot on Monday, or not, but you can get in the "stick it to the Man" action by going Doge. And hey, it doesn't even cost anything. Minimal downside, infinite up. 




As it is, the attractively Shiba faced crypto's risen over 500% in the last month and set to go higher if Elon Musk has anything to say about it. “One word: Doge,” tweeted the billionaire back in December. Diamond hands? Maybe, let's see.




In the meanwhile, buy the dip, don't eat it and let's take this lovable crypto to the MOON. Not that this is financial advice, I'm just an LSP who lost all his guns in a catastrophic boating accident.

Your Old Pal,

LSP