I’ll be in here

This is good news....SBF is a pimp and it looks like FTX wasn't involved in the luna bailouts   

Ian Baker-Finch blows. He consistently says the dumbest shit. Fuck him. 

Russia's ruble strengthens to 57.1 per US Dollar, its strongest in over four years.

Over $6 is the norm in California now. Didn’t cherry pick a high price station. All of them are like this. A place in Westwood (expensive part of LA) is $7.29 last I checked.

Biden praises high gas prices as part of 'incredible transition'

https://nypost.com/2022/05/23/biden-praises-gas-prices-as-part-of-incredible-transition/

Over $6 is the norm. High $6 range in many places, and yes, over $7 in some. Over $5 in Oregon now.

It will be around $2.20 per Litre here in Ontario by early June...new historical prices are being set every few weeks now since Putin smashed Kramer and Newman's gameboard.

The empty promises all the political leaders here are offering during the upcoming Provincial elections are beyond ridiculous...NDP's Andrea Horvath will promise to temporarily freeze gas prices weekly so they can only go up once a week,,,The other two leader's promises are just as weak, but not as clueless.

Why have the people not protested all politicians be forced to drive or be driven in electric cars only?

make all their flight itineraries full transparent and prohibit private planes...make them all flightpool when they are going to the same region.

@packersbackers

 Sadly cause they are all crooks

"Pick the prettiest one cause either way ur getting fucked"

@I_Need_A_Detox

 Where you think the sp500 ends up? Below pre-covid levels? 

Not a ton of support since the post-covid bubble 

Moving stop loss to $285 and letting it ride. The SEC investigating Binance could dump it hard. 

Stanley Druckenmiller this week:

1. On the bear market
"My best guess is that we’re 6 months into a bear market. For those tactically trading, it’s possible the first leg of that has ended. But I think it’s highly, highly probable that the bear market has a ways to run."

2. On soft/hard landing:

" If you’re predicting a soft landing, it’s going against decades of history,”

3. On doing nothing:

"Currently, I’m going in every day, and I’m looking at my screen, but I’m pretty much taking a break. I’ve lived through enough bear markets, that if you get aggressive in a bear market on the short side, you can get your head ripped off in rallies"

4. On the past few years of a bull run:

"That period was incredibly costly, because a lot of assets were purchased during that period that a lot of people moving out the risk curve will lose a lot of money on"

5. On owning bonds:

"While I’m not comfortable owning bonds, I’m much less comfortable being short fixed income to the degree I was three to six months ago"

6. Recession?

"Given the extent of the asset bubble & destruction in the markets, given what's going on in Ukraine, giving zero Covid policy in China, I don't take a lot of comfort from that. So I assume & pretty strongly, soon we're going to have a recession sometime in 2023"

7. Advice for new investors:

"If you are not really passionate, if don't love this stuff, go do something else. I have guys who have IQs 50, 60 points higher than me, who stink in my business...Learn all the assets categories and how they integrate"

Druckenmiller: "once inflation gets above 5%, it's never come down unless fed funds have gotten above the CPI"

JUST IN - China's Xi orders the introduction of a legal framework to deploy troops in "non-war military actions."

Commodities buyers are on track to pay producers $5.2 trillion more in 2022 than in 2019, equal to 5% of world GDP

Nice job Biden. You really showed Putin who was boss. 

cqnt wait till our proxy war with China gets going….they been waiting on US and West to take the financial plunge into the abyss and won’t be having o wait too much longer.  

There were reports that Sam and FTX were looking to add to their 8% and takeover Robinhood but Sam said that isn’t true and now it’s dumping.

I’m close to buying some Robinhood stock for a long term hold. It’s valued around $7 billion at the moment. 

ALERT: Billionaire Tim Draper Predicts $250k BTC Price by Early 2023

Six pages. That was a lot of reading.

Oh how I wish I had that two hours back....

Oh golly gee, a fake millionaire quotes a real billionaire who owns a ton of Bitcoin trying to pump it hard, shocker.   Another guy who knows the fake money market said it won't.   Let's bump this in 7-8 months shall we   

My expectation is for ISM to hit or cross 50 next month or so and that has historically given a 100% chance of a Fed pause or a cut in rates since 1972

That’s his prediction, not mine. 

I have socks worth more than your fat wife’s wedding ring. Why don’t you sit or ask questions when the subject has to do with finances. 

Another member of the spaghetti sauce stain club that follows me around. 

I’ll never understand why poor people don’t ask questions. 

How about BWS tries to predict what’s going to happen to the world markets, US stock market or crypto. Go ahead twinkle toes, the floor is yours. 

“Akktuallly he is an actual billionaire that owns bitcoin and he’s just trying to pump it.” 

Shut up you dumb fucking low life waste of life poor fat fucking discord mod. 

Add value to thread or keep your stupid ugly smelly wart infested mouth shut. 

Thank you 

This illiterate maggot was sucking off TheGoldenGoose in Foxwoods for $500 18 months ago while simultaneously begging for work listing his area of expertise as ‘roofing’ — now he’s a geopolitical expert and knowledgeable on all things finance related. 

Fucking poor people suck. There’s a reason why they’re at the bottom of life.