A Fresh New Dawn

 

Things are looking up in the Compound. Not that they ever didn't, but people are going to church, there's ammo at Walmart, LRC$'s one of the few in the green and our old enemy, the weather, is sprinkling beneficent drops of skywater upon us, you might call it "rain."

It's all very autumnal, so upon a peak in Darien. Result. Then there's Evergrande. Looks like Communist inspired greed isn't as infallible as market pundits predicted. Whatever, do you see why people are piling into crypto? DeFi, decentralized finance, and that's just it. Your money outta the clutches of the banks and their Beltway shills. Hopefully. 

In other news, everything is racist, trees, highways, parks, the air, ships and anything you care to name. Remember this, punters, everything the Left does produces the opposite of its intended effect.

Cheers,

LSP

Taking Care Of Business

 

It was one of those days when you drive around the country taking care of business. First stop, the good old Pick 'n Steal, aka "Shamrock Filling Station," via the Meth Shack. The shack's getting fixed up, kind of, by some entrepeneurial Mexicans. Good luck, boys.

Then the Itasca grain co-op, I like that place, followed by post offices, banks, a realtor and all of that. Productive unlike, say, our incredibly popular president's economic policy. Which is... what?

Moar tax, moar debt, but less energy independence because higher gas prices make us all richer, except that they don't. And while we're at it, let's offshore yet moar manufacturing as we open our borders to millions of unskilled migrants. At least that last part drives down wages. Good work, Millionaire Socialists.

If you're thinking this train's coming off the tracks, you might have a point and perhaps that's why people are piling into crypto. Get your cash out of the clutches of the Scylla and Charybdis of central banks and their partners in crime, our governments.

That in mind, Bitcoin's at an all time high, the Peoples' Currency, DOGE$, is testing 0.30 (c'mon pup, run!) and LRC (Loopring) is exploding on rumors of a GME (Gamestop) partnership. No kidding, that token's up >1000% ytd and doubled in value in the last day. I tell you, it's the wild west out there and fortunes are being made and lost as we speak. 

Here at the Compound we're pleased with everyone's fave and original Shiba and jaw-dropped at LRC's surge, wish Blue had hit the buy button with his paw when it was .40. But still, can't complain, the annoyingly tech protocol, making for fast, cheap, secure DEX (decentralized exchange) transactions on ethereum is riding high at over 2 bucks a coin. Way to go.

Don't invest more than you can  afford to lose, kids. Biden Admin, take note.

Your Pal,

LSP

The Peasants Are Stonking

 

How dare they! Unruly serfs launched a massive bull raid on shorted stock today, and value skyrocketed as Hedgefund millionaire socialists scrambled to cover their positions. KABOOM. Gamestop, GME, went from a trifling 17 bucks a share to $292 at the sound of the bell today.

So what? So a lot, because elite billionaires gambled a lot of money on rubbish companies like GME going down in value. Borrow those shares at their stupidly low price, sell them, knowing in your fiscal genius that they'll decline in value, buy them back, return them to the lender and pocket the difference. 

There it is, going short, and how very awesome, let's make money out of failing businesses. Iniquitous, eh?  All hail our asset-stripping overlords. But not so fast.

What if people piled into GME and stocks like it, and drove the price up? You know, like Blackberry, Blockbuster, microcaps and on. Then all of a sudden the genius shorters have to make good on their deal and buy those shares back at massive loss. Welcome to margin calls and utter disaster.

No wonder the /rwallstreetbets Discord server was taken down this evening. But lo and behold, the portal's up again and it looks like the djinn's outta the bottle. Let's see what tomorrow brings. 

That in mind, here at the Compound we have a simple and hopefully compelling message to retail investors. Hold the Line.

Or Stick it to the Man,

LSP