Probably the most grounded post I’ve read in awhile
Europe and the EU will see to it that there will be no peace but war with Russia. Keir Starmer has put all his efforts towards war with Russia thereby neglecting his own people in the UK by placing more tax burdens and higher costs to their daily lives.
Here’s an idea. If you have a Chinatown nearby, you can go to a gold shop there and see what the traffic looks like. I think I’ll do that tomorrow.
The stats I heard out of China was - gold BAR sales are doing above average, while gold JEWELRY sales are below average.
This suggests that the lower classes don’t have any extra cash to buy stuff (property bubble pop, large-scale unemployment, post-covid disaster), but the rich are terrified of something blowing up - and so they’re turning bank deposits into bars.
I don’t blame them at all.
How about this latest “gaffe” which is anything but, since it sincerely communicates Starmer’s actual sentiments and loyalties?
I have been investing in cast iron. Bought a used CNC milling machine and a CNC lathe which I rebuilt. Just picked up a well used surface grinder last week and buying old machinist tools cheap. Upgrading the 3D printer to be able to print carbon fiber filled nylon. Still need to get more metals… Oh, and for those of you electrically inclined a small battery powered oscilloscope to be able to diagnose and fix my own stuff. Voltmeters and oscilloscopes have gotten stupid cheap and are very handy to have. Maybe this could turn into a business.
And these politicians wonder why people around the world are steering towards political party’s that serve the people, not the self serving politicians?
Here’s an example of how government is not serving the people. Bill Maher confronts Gavin Newsom regarding bureaucracy in California.
GM had a recall on the Chevy Bolt to replace the main power battery. (potential fire hazard) Enterprise Rental returned all the rental Bolts and did not take them back. GM flooded the GM dealers with the Bolts after battery replacement.
My wife wanted to get an EV while a $4K rebate was available, so last November we went to a local dealer and they had about 20 Bolts on the lot.
She picked up a 2020 with 20 some K miles, about $14K after rebates and other discounts.
We can charge it from the 20Amp garage outlet and it is great for normal local driving, 200+ mile range. Have not had the need to buy gas much this winter, still drive hybrid when the weather is crappy.
Home solar covers the electric cost.
Man, you’re disrespectin me? Check it out
Ya gotta keep em apoplectic
These politicians are slippery as hell. Lots of words, not a lot of precision.
With empathy for all who will suffer through this period, can we take a moment to applaud Elon and also antcipate the sustained attacks Tesla will endure because of the grifters and fraud he has exposed?
Since we are talking about gold, silver, land maybe ex US currency, can we talk about potential to capitalize on volatility and likely geopolitical events?
We could also have some fun testing deepseek and grok. I asked Grok for Teslas price range for tomorrow.
“Based on my analysis, I estimate that Teslas share price will likely trade between $250 and $290.” Some good input but generic.
I asked DeepSeek
Predicting Tesla’s stock price movement for a single day (tomorrow) is highly uncertain and depends on numerous unpredictable factors, including:
Key Influencers for Tomorrow’s Price:
- Market Sentiment – Broader market trends (S&P 500, Nasdaq) often impact Tesla.
- News/Events – Any Tesla-related headlines (e.g., production updates, Elon Musk comments, regulatory news) could move the stock.
- Macro Factors – Interest rates, inflation data, or geopolitical events may affect investor risk appetite.
- Technical Trading – Short-term traders reacting to support/resistance levels (e.g., recent range: $160–$200 as of mid-2024 volatility).
- Options Activity – Heavy call/put buying can signal short-term momentum.
What to Watch:
- Premarket Movement: Indicates early sentiment.
- Volume: Unusual volume may signal momentum.
- Analyst Actions: Upgrades/downgrades can sway prices.
Disclaimer:
I can’t predict prices or provide financial advice. For a data-driven estimate, check:
- Options Markets: Implied volatility (e.g., via CBOE).
- Analyst Targets: Aggregates like TipRanks.
- Real-Time Tools: TradingView or Yahoo Finance for trends.
Would you like help interpreting recent Tesla trends (e.g., earnings, technical patterns)?
I asked for range on limits.
Setting a daily trading range for Tesla (TSLA) requires balancing historical volatility, recent price action, and support/resistance levels. Here’s a data-informed approach to define a hypothetical intraday range for your limit orders (adjust based on real-time signals):
Tesla (TSLA) Daily Trading Range Estimate
(Example Framework – Always Validate Pre-Market)
-
Recent Volatility Context (as of Mid-2024):
- Average True Range (ATR): ~$8–$12 (typical daily swing).
- Recent Support/Resistance:
- Support: $165–$170 (if tested recently).
- Resistance: $185–$195 (prior highs or psychological levels).
-
Hypothetical Intraday Range for Limit Orders:
- Conservative Range: ±3% from the previous close.
- Example: If TSLA closes at $175, consider:
- Buy Limit: ~$170 (3% below).
- Sell Limit: ~$180 (3% above).
- Example: If TSLA closes at $175, consider:
- Aggressive Range: ±5% (high volatility days).
- Example: $167 (buy) to $184 (sell).
- Conservative Range: ±3% from the previous close.
-
Key Tools to Refine Your Range:
- Pre-Market Action: Check futures (NASDAQ) and TSLA’s pre-market price (e.g., +2% suggests upward bias).
- Volume Spikes: High volume at certain prices indicates strong support/resistance.
- News Catalysts: Earnings, Elon Musk tweets, or macro events (Fed decisions) can widen the range.
How to Implement This:
- Set Alerts: Use TradingView or your broker’s tools to monitor breaks beyond your range.
- Trailing Stops: If TSLA moves in your favor, adjust limits to lock in gains.
- Risk Management: Never risk more than 1–2% of your capital on a single trade.
Example Scenario (Hypothetical):
- Previous Close: $175.
- Pre-Market: +1% ($176.75).
- Your Plan:
- Buy Limit: $172 (near support, if no negative news).
- Sell Limit: $179–$181 (prior resistance zone).
Critical Reminders:
- Tesla is highly volatile—always confirm with real-time data.
- Avoid trading during major gaps (e.g., earnings releases).
- Backtest your strategy with historical data.
Would you like help identifying today’s support/resistance levels based on live charts? (Note: I can’t provide real-time data, but I can guide you on how to find it.)
French Lawfare?
"The move is the latest attack on democracy in the EU, with judges increasingly deciding elections in Europe. Le Pen has also been sentenced to four years in prison, with two years suspended.
Le Pen said before the trial that the matter is entirely political and that her opponents wished for her “political death.”
Pierre Lellouche, a lawyer and former Deputy of the French National Assembly, appeared on CNEWS to point out that the current prime minister, François Bayrou, faced the same charge and suffered no consequences.
“You’re going to see what a truly consequential span of weeks, looks like, as Western Civ goes into full churn on April’s doorstep. Remember, TS Eliot called it the “cruelest month.” Too many uncomfortable things are converging, too many ongoing operations are unwinding, too many tensions are breaking.”
"The debt crisis is global. America is far from the only nation facing an outright default, and as I have warned, we will see the pieces crumble one by one with America being the last frontier. This is precisely why Europe wants war because they are attempting to delay the inevitable collapse. Some believe they can confiscate Russian natural resources and save the day, but that is simply neocon fanfiction.
The ECM (Economic Confidence Model) has pinpointed key turning points in the global economy, and the next phase of this crisis is unfolding right before our eyes. The sovereign debt crisis is inevitable, and as we approach 2028–2032, we will see capital flow away from the West once confidence in government collapses."
I have what may be a naive question since I’m somewhat new to the economic topics…wouldn’t it make more sense that the amount of gold a new home would buy in 1929 versus 2024 would be relative to the population increase and amount of new gold mined over the 100 years (and I’m guessing other factors like new industrial uses of gold)? It doesn’t make sense to me that it would be so stable, unless those factors somehow magically wash.
Maybe it doesn’t matter relative to the overriding message that our currency is broken and it’s time to GTFO out of it as much as possible…
This is essentially what I’ve been doing for many many years now. Shelter is a huge expense for most so I’ll share what has worked for me. Older mobile homes on land, esp. small, older, single wide mobile homes on land, seem to remain a stigmatized real estate asset class. If you aren’t concerned about redneck jokes then this bit of knowledge can be a huge boon to you.
I bought my 1968 11’ x 55’ Holly Park on about 1.5 acres back in 1996 for a bit under $30,000. My property tax then was about $400 a year. I recently got my annual assessment for tax purposes and they jumped the value up this past year to a bit over $40,000. My annual property taxes are still about $400 a year. Over the decades the value has risen and lowered but generally not changed much, just as the property tax has essentially remained unchanged.
Occasionally I look around at property listings, and while I don’t often see things like what I got for the price I paid anymore, I do sometimes see these old mobile homes on land going for what is cheap compared to anything else in the region. It can be a good way to get a small homestead and pay it off quick, particularly if you are handy with tools and can fix such a place up into something quite nice for yourself.
As a side bonus, not to be sneezed at, my little homestead now provides all my electricity via an off-grid solar system. The vast majority of my heating fuel (say 95% to 99%) is supplied from wood on site or harvested free from nearby trails that need to be cleared of storm fall. My well provides my water. The greenhouse, garden beds, planted edible perennials, and wild edibles have the capacity of providing a substantial amount of my food. I could do much better in this food area if I focused on it more.
Oh, I did get one of those decent E-bikes a while back too that now provides much of my local transportation, all powered from my solar panels.
Making investments in areas that reduce or eliminate future required expenses is a wise way to go in my opinion and personal experience.
Investing to reduce/eliminate future expenses has been my path. A great investment is spending $10K to avoid $1K yearly expense.
Still a work in progress.
Noted.