No SC, you are not that financially smart
Let's get something straight. Of all the shit you said that pissed me off, the worst was you work 10 X harder than people based on your race. And then, and this really kills me, then you say like you have it all figured out, "Yeah, I go for 6's and not 8's because of the experience. "
Do you know how many time I got ripped off, stood up, lied to, led on ETC to get where I was? With most men, a woman looks at them the wrong way and they are basket cases. Despite all the hardship, I had a short memory and kept going, and those arrows a lot of women shoot at your heart, they fucking hurt! You are living proof of that. You got treated like shit by the 8's who were lousy in bed, and you fucking quit! You didn't work 10 X harder. Hell, you didn't even keep looking to find 8's that were 8's in bed let alone 10's.
What pisses me off about you is you are so fucking cocky while being so fucking stupid. Let's start with the most stupid thing you said about money. You liken yourself to Warren Buffett and post that he is mostly in cash and treasury bills. Treasury bills are short term bonds. Do you fucking get that? The guy you are using to try to put me down is in bonds!
Then you ask, do you know what happens with bond prices when interest rates go up? I specify to Treasuries but you are so dense that you think that is all bonds. Do you know bonds work? They are IOUs with a percentage interest rate. Mortgages are IOUs and this may surprise you but investors buy mortgages, and there are basically two types when it comes to interest payments, variable and fixed rates.
With fixed rates, people pay the same rate every month in interest. And yes when there is inflation and interest rates go up, those bonds go down in value. However, if you buy variable interest rate bonds and interest rates go up, the mortgage holder has to pay more in interest and those bonds go UP in value when interest rates go up.
The point is you are so stupid that you thought because I bought bonds I had to be losing money, and you don't know that unless you know which bonds I have been buying.
And this nonsense about interest rate risk? Really? Bonds are typically issued in $1000 increments. So if a bond's price goes down from $1000 to $950, unless the issuer goes broke, when the bond matures, you get a $1000. Yes, there is some interest rate risk. There is also interest rate benefit as well, but the biggest risk to bond owners is default because you do not get back a $1000. You get a fraction of that or nothing. Bond price swings only matter to bond traders.
The reason I have not put Tooms and Spidy on ignore is they are great contrarian indicators. Take Spidy and his energy bullshit. Solar this. Wind that, and battery that. China is great. Here is the truth. From Doomberg: Judging by the recent press conference the Energy Institute held to accompany the release of the 2026 edition, the organization risks going the way of the International Energy Agency under Fatih Birol. Long on platitudes, short on neutrality, Institute leaders waxed profusely about renewable sources of electricity, the need to accelerate away from oil, gas, and coal, and how its data support all the right conclusions. Amazing progress is being made in the climate fight, but simultaneously, it is not nearly enough.
What do we learn? Hydrocarbons provided 86.24% of all global primary energy in 2025, down markedly from 86.65% the year prior. Won't be long now!
Another clue that the Energy Institute is drifting away from neutrality is the unmistakable greenwashing of China's energy policies. Objectively, Beijing is by far the world's naughtiest carbon sinner, accounting for 56% of worldwide coal consumption and 31% of all carbon emissions last year. By way of comparison, the US checks in at just 5% and 13%, respectively. Yet a simple keyword search for "China" in the summary report reveals these three early gems, a mere sampling of what is sprinkled throughout the report.
"China is deploying renewables at unprecedented scale while stockpiling fossil fuels as insurance. ".
"In absolute terms, the increase in US emissions was four times greater than that of China. "
"In China, coal consumption was flat year-on-year, as a result of slower demand for coking coal and a significant increase in solar generation. "
And now we go to you and Tooms on inflation, higher gas prices are all in the news. Inflation is coming. Rates will go up, and the USA will be going deeper and deeper into debt led by higher energy prices.
And what do the oil futures market say? Today the oil price is $85 a barrel and if you go out as far out as you can, the futures price is $55. See the link: [URL]https://oilprice.com/futures/wti/[/URL].
Energy and food, whose cost is hugely dependent on energy, are the most volatile components of the inflation basket. But have you heard anyone talking about how deflation is coming and what to do about it? The smartest people on energy in the world are betting one way while the public believes the opposite.
And that leads us to AI. You think Nvidia is going to the moon because people want the fastest chips. What people? What are they doing with them? And how are they making money off of them?
Let's be honest. You have no clue. The only reason you are really buying Nvidia is because you think it is going up. That is it.
My favorite part of the book Reminisces of a Stock Operator was a story about a guy named Old Turkey. The basic point of the story is that market sentiment is just as important when picking stocks as the individual names, and it has been a bull market. The street sentiment has been very positive.
Buffett does not have the luxury of his youth when he could pick and choose industries and companies. He is too big. He has to play the whole market, and his favorite indicator is total market valuation divided by GDP. With the dot com bubble, that percentage hit 140%. Historically, a ratio around 75%-90% is considered fair value, while levels exceeding 120% indicate an overvalued market. Today we are at 235%, and it does not take a genius to see why Buffett is in a huge cash position then.
Then you asked what is a momentum player? To paraphrase another Buffett slogan, if you do not know who the sucker is, you are it.
ICE kills a man visiting the Dis United States of America legally with a Tourist Visa
[QUOTE]Juan Jairo Coronilla Durn, a 28-year-old Mexican national, died on July 14, 2026, after being struck by a tractor-trailer in St. Augustine, Florida, while fleeing an encounter with ICE and Homeland Security Investigations agents. Advocacy group Colectivo rbol and Mexican officials confirmed that Durn was visiting the U.S. on a valid tourist visa and had already purchased a return flight to Mexico.
His death was the third fatality in a week involving ICE encounters, following the fatal shootings of Lorenzo Salgado Araujo in Texas and Joan Sebastian Guerrero in Maine. The incident prompted a nationwide pause on ICE traffic stops and sparked calls for a congressional investigation, while the Mexican government requested state attorneys general review the deaths for possible criminal prosecution.[/QUOTE]ICE is the Article 2 secret police directed by POTUS to kill as many minorities in the Dis United States America as possible in order to avoid deportation costs.
I am very fortunate I did not encounter the Uniformed Roving Kill Squads (Police) while visiting the Dis United States of America. White people get to live when they encounter the police. That is a very real privilege they enjoy that I don't.
Socialism is on the March muchas gracias Greenspan, Elon et al
[URL]https://www.zerohedge.com/economics/money-printers-fueling-socialisms-rise[/URL]
Socialism is on the March
Because crony capitalism is not serving my fellow citizens of the Dis United States of Ameirca.
Electrostate vs. Petrostate: Riddle me this, Why are Sodium-Ion Battery in Trucks?
[QUOTE=Elvis2008;3075295]Maybe one of these days ...
And as usual, you are all orgasmic at the latest Chinese propaganda announcement and you once again miss the key point: Sodium-ion batteries store less energy by weight or volume, which means that you need bigger batteries to store the same amount of energy compared to lithium batteries. This limits their appeal for mobile devices and electric vehicles where manufacturers are inclined toward lightweight solutions.
So yeah, maybe sodium batteries have a place over Lithium with regards to batteries that do not need to be moved, but if they have to be moved around in something like an EV, they are inferior to Lithium. That is just physics. [/QUOTE]Clueless as usual! But I implore you, to take a moment and use any one of Tiny 12's, list of ChapGOP AI sites, and re-check your out dated assumptions, on sodium-ion batteries for stationary or mobile applications.
If you recall, in a recent post, FAW (FAW Jiefang, China) just recently completed a successful 15,000 km, seven-month real-world test of a heavy-duty semi-truck [B]powered by a 339 kWh [u]sodium-ion battery pack[/u][/B] developed with HiNa Battery Technology [URL]https://battery-tech.net/battery-markets-news/faw-jiefang-completes-15000-km-sodium-ion-heavy-truck-trial/[/URL].
[B]Meanwhile,[/B] back in the USA Trucking bankruptcies soar due to the illegal US / Israel war against Iran. Cost of diesel, dropped shipments, banks cringe at loan defaults, asset depreciation, credit tightening leading to higher interest rates, brand new ICE / diesel truck assets get 50% depreciation after 9 to 12-months (signalling much faster depreciation rate), pundits are saying used trucks practically have no value out there, chameleon carriers (FMCSA or DOT has Trump gutting trucking safety rules, truck and car mechanics are quitting everywhere and electric trucks are eating diesel trucking lunches, as more economical in this era of MAGA Fuhrer high diesel prices.
[NOPARSE]Dude, yes, your MAGA Fuhrer is killing the U.S. trucking industry and these bankruptcies aren't fictitious, like your idiotic and ludicrous RED LOBSTER bankruptcy theories.
So Elvis 2008, riddle me this, if your so called power deficiency assumptions on sodium-ion batteries are correct...why are sodium-ion battery in trucks, completing successful 15,000 km real world tests and look posed for deployment in [/NOPARSE]China?
2026 the Year of the Battery.
Can batteries be socialists?
[QUOTE=Spidy;3076117]So Elvis 2008, riddle me this, if your so called power deficiency assumptions on sodium-ion batteries are correct...why are sodium-ion battery in trucks, completing successful 15,000 km real world tests and look posed for deployment in China?
2026 the Year of the Battery.[/QUOTE]It is because Elvis 2008 thinks that the batteries are socialists.
[B]ROTFLMAO![/B]
The Dis United States of America has left poor people like me behind!
[QUOTE=SubCmdr;3076028]Because crony capitalism is not serving my fellow citizens of the Dis United States of Ameirca.[/QUOTE][B]Even Jamie Dimon knows![/B]
Jamie Dimon, CEO of JPMorgan Chase, stated that the USA Has "left the lower-income folks behind," a sentiment he says fuels growing "anti-rich" resentment among working-class Americans. He attributed this inequality to decades of ineffective public policies from both political parties that failed to support struggling rural and inner-city communities, resulting in failing schools, high crime, and limited job opportunities.
Dimon acknowledged that while standards of living have improved since the 1960's, the wealth gap remains stark, with the bottom 50% of households holding only $4. 27 trillion of the nation's $174 trillion in wealth, compared to $25.07 trillion held by the top 0. 1%. He described it as "kind of annoying" for average citizens to watch the ultra-wealthy become "unbelievably wealthy" while others face generational poverty, though he argued that blaming the rich is not the solution. Instead, Dimon called for better public policy and initiatives like JPMorgan's "Vital Institutions" program to boost economic mobility and equal opportunity without increasing the deficit.
[URL]https://fortune.com/2026/07/15/jamie-dimon-understand-why-anti-rich-sentiment-poor-areas/[/URL]