/biz/ - Business & Finance

[Anonymous No.29336631]

Michael J. Burry warns of hyperinflation, similar to that of Weimar Germany in the future

https://twitter.com/michaeljburry/status/1363226460979228673

>People say I didn't warn last time. I did, but no one listened. So I warn this time. And still, no one listens. But I will have proof I warned.

[Anonymous No.29337232]

Stop circlejerking over worthless shitcoins and get the fuck in here faggots

[Anonymous No.29337266]

>>29337232
but having my money in shitcoins will save me from hyperinflation (it wont)

[Anonymous No.29337324]

>>29336631
95% of my net worth is in crypto though, so I say bring it on.

[Anonymous No.29337421]

seriously though, how do you save yourself from this shit?

[Anonymous No.29337492]

What should I buy/hold to protect myself from hyperinflation?

[Anonymous No.29337520]

>>29336631
We are seeing it unfold in Bitcoin right now. Why do you think we are endlessly just going up?

[Anonymous No.29337597]

Another interesting tidbit, related to Weimar Germany. Sound familiar?

[Anonymous No.29337614]

>>29336631
reminder, democrats and their love of niggers causes this

[Anonymous No.29337639]

>>29336631
We already are in hyperinflation. When crypto goes up, its actually fiat that is going down

[Anonymous No.29337700]

>>29337266

[Anonymous No.29337726]

>>29337597
>many were driven to suicide
Can't wait for the reddit posts

[Anonymous No.29337877]

>>29337520
then why isnt gold going up?

[Anonymous No.29337901]

>>29337266
shitcoins, no. god tier coins, yes. honest question. shoild i pay off my house/credit cards before hyperinflation kicks in?

[Anonymous No.29337913]

>>29337492
Chinese equities

[Anonymous No.29337984]

>>29337901
so if there is hyperinflation my investments in bitcoin will offset this? so if the dollar loses 20x purchasing power right now, bitcoin will 20x? why though?

[Anonymous No.29338027]

>>29336631
how do i profit from this?

[Anonymous No.29338118]

>>29337984
i think the general idea of btc shills is that if btc costs 50k now and the usd hyperinflates and is subsequently replaced by a new fiat than the btc will again equal about 50k value of the new fiat

that is super far out though, and in no ways guaranteed

[Anonymous No.29338121]

why doesn't he have a blue checkmark

[Anonymous No.29338142]

>>29337984
because all crypto is traded workdwide and is priced worldwide. one big market.

[Anonymous No.29338163]

Farm land with water is a hedge for inflation

[Anonymous No.29338240]

>>29336631
Yes.
In fact, this is the cause of the current bullrun.

[Anonymous No.29338278]

>>29337984
this happened in that south american shithole country that went communist and hyperinflated. people began mining crypto and using crypto. if you had most of your wealth in crypto the hyperinflation wouldn't really touch you, assuming you could survive

[Anonymous No.29338294]

>>29337492
Property, bitcoin

[Anonymous No.29338352]

>>29337324
>>29337520

He doesn't seem to think BTC is the answer

>#BTC does not solve Triffin's Dilemma, as a global fiat economy is relative and requires liquidity on the scale of the largest economies in the world. This is why Switzerland cannot be a reserve currency. The heart of the fiat system goes to the next GDP champion.

https://mobile.twitter.com/michaeljburry/status/1363623932734042117

[Anonymous No.29338370]

>>29338163
>BULL CFO JF id

[Anonymous No.29338376]

>>29336631

This is common sense. Keep your liquidity low, if inflation is really coming post covid due to increased spending and higher interest rates don’t encourage less borrowing and more spending at least you have hedged by having money elsewhere

[Anonymous No.29338426]

>>29336631
how many years into the gestation period are we

[Anonymous No.29338455]

>>29336631
china invented covid 19 in a lab and then did military style lock downs after it spread everywhere and got rid of it in their country and ruined every other country

[Anonymous No.29338467]

>>29336631

Thats not his real account

[Anonymous No.29338518]

What did Michael J. Burry mean by this?

[Anonymous No.29338641]

Okay so if we hit hyperinflation, with my fixed rate student loans technically be worth less and be easier to pay off?

[Anonymous No.29338712]

I LIKE DA STONK

[Anonymous No.29338739]

>>29337901
Credit cards, yes.
House, no (assuming you have refinanced at 3% for the next 30).

[Anonymous No.29338743]

>>29337597

This time it wont be shares. It will be cryptoos. Fiat will be replaced by bitcoin and litecoin. As expected.

[Anonymous No.29338796]

>>29338352
Does he mean Tethers

[Anonymous No.29338818]

>>29338641
Yes

[Anonymous No.29338873]

>>29338121
Because getting a checkmark is political.

[Anonymous No.29338880]

>>29338743
Cringe

[Anonymous No.29338892]

>>29338739
You won't find a fixed rate for 30 years lmao but regardless the house is a fixed point of value. Payments might be hard to keep up but it's a bulwark.

[Anonymous No.29339129]

In 2008 it was mostly housing in a bubble. In 2017 it was mostly crypto in a bubble... now we've got literally every asset overvalued.

Do you think when one asset bubble bursts it will take all of them with it? Or will each asset class have it's own capitulation?

[Anonymous No.29339249]

>>29338352
AMPL is the solution

[Anonymous No.29339317]

Related read
https://www.zerohedge.com/markets/michael-burry-warns-weimar-hyperinflation-coming

[Anonymous No.29339362]

>>29339129
i think when the pandemic ends and things go back to normal, stocks and assets will also return to "normal''

[Anonymous No.29339577]

>>29338641
lets say you owe $50,000 in student loans, at 5% fixed. You also have $50,000 in cash in the bank. And a loaf of bread costs $2.00. Hyperinflation hits hard and bread costs $4, $10, $100, then $1,000 within a month. You can still pay off your student loan with your $50,000 cash savings (ignore the minor intrest charge on the loan, but now you can only buy 50 loaves of bread because the purchasing power of your money declined due to hyper inflation. If however you initially purchased say 20 ounces of silver for $600, then inflation hit and the price of silver rose to $1,000 an ounce, you now could sell the silver for $20,000 to pay off some of your loan. In this example your silver asset rose in price (not value) in relation to the decreasing currency. If the price of silver, gold, BTC, whatever you have that is a store of value keeps pace with the hyper inflating currency you have some protection. The best position to be in you can provide goods (gasoline, electricity, transportation, bullets, food) and can charge more as needed to keep enough money coming in so you can buy the things you need. You could even become rich during a hyper inflationary event if you are smart and capable.

[Anonymous No.29339636]

>>29338352
The CEO of BlackRock, the largest asset manager in the world, suggested that BTC could very well challenge the USD for the position of world reserve currency.

I like Burry, but when BlackRock speaks, I tend to listen extra carefully.

[Anonymous No.29339793]

I've wondered lately if BTC is a scam from the "elites" to soak up all of the wealth and dump it, not only to cripple everyone else, but to transfer even more of the overall wealth (and power) to them.

[Anonymous No.29339794]

>>29338518

that chicago humorously compares poorly to a war-torn country?

[Anonymous No.29339831]

>>29337700
that's the last panel because that's the last panel

[Anonymous No.29339885]

>>29338352
that's in reference to BTC becoming the world reserve currency. I don't care about that. All I'm saying is that all assets are protected against hyperinflation

[Anonymous No.29339898]

>>29339636
burry is telling you his opinion. Blackrock is selling their position. Burry was right about the MBS collapse, but did not understand how the crooked banks could hold the value/price of the MBS fixed until they repositioned themselves to take advantage the credit default swaps. Once the banks were protected they then let the value of the MBS fall and the crash was on.

Burry may be right again, but system is rigged and it will not crash unless they are ready to let it go.

[Anonymous No.29339958]

>our decaying, Jewish-ruled society is facing the same problem as this other decaying, Jewish-ruled society did

I'll only be impressed if he points out how to solve the problem.

[Anonymous No.29339963]

It doesn't really matter if wages increase to meet it, would be no different than how Yen is in Japan currently if prices and wages x100 and banks will just increase interest rates so your not getting to pay your loans off for free.

[Anonymous No.29340037]

>>29336631
Oh wow le spastic autist /biz/ thinks is some genius tweeted about something I wrote about 4 years ago.

https://esotericawakening.com/the-scam-and-how-it-works

guess I was the real genius all along

[Anonymous No.29340065]

>>29339577
Gotcha. Definitely been staking PMs and will continue to do so as long as I can.

Now going off your example, what if the gubmint goes full retard by intervening and continues upping minimum wage and other inflation-mitigating factors? Would that theoretically lower the value of the fixed loans?

[Anonymous No.29340259]

>>29340037
I guarantee you don't get one click despite your desperation.

[Anonymous No.29340309]

>>29337492
Everyone needs to understand their position and how hyperinflation will affect them. The value of the currency collapses, so if you are working for a government agency with fixed union contracts for labor, or on social security, or a private pension, or living off a 401K, you are fucked. If you own land and grow apples, corn, oranged etc and can sell them you can raise the price daily to have enough to buy what you need as the price of what you need goes up too. If you have some gold, silver, BTC and fixed rate mortgage on your house, or have a lease for an apartment you may be able to ride it out. Better to have a fixed rate mortgage on a house, farm, ranch with water and some solar.

[Anonymous No.29340352]

How foolhardy is it to wait for the fisrt major correction and then buy shorts on the most inflated things?

>>29339793
You can wonder that about any inflating asset. In a way they are all Ponzi schemes.

[Anonymous No.29340364]

>>29340259
>REEEEEEEEE
die poor and stupid why in the world would you think I care? Most people on /biz/ know who I am and my website already tourist nigger please fucking kys

[Anonymous No.29340405]

>>29340037
>something I wrote about 4 years ago.
so you were wrong.
there hasnt been any hyperinflation in the last 4 years, congratulations retard.
and no im not gonna read your diary.

[Anonymous No.29340423]

As soon as it kicks off I'm immediately going to stop paying my bills

[Anonymous No.29340554]

>>29340405
I said it was coming in the coming years you massively retarded motherfucker. I dont give a flying fuck what you do, no one does which is why you are broke and stupid

[Anonymous No.29340570]

>>29336631
>https://twitter.com/michaeljburry/status/1363226460979228673


yeah we all know this shit is happening but what in the fuck do we do about it?

Do i liquidate my taxable account and put it all in silver? BTC? how the fuck do we protect ourselves from the fuckery that's happening?

[Anonymous No.29340609]

>>29338518
kek i wonder what "low basic literacy skills and would benefit from adult literacy and adult basic education services" really means. Just a garbo stat

[Anonymous No.29340634]

>>29337492
Also: can't we buy foreign currency in countries that won't experience hyperinflation? So countries that aren't that strongly tied to the US dollar and perhaps haven't had huge COVID outbreaks. i'm thinking like Singapore or New Zealand

[Anonymous No.29340658]

>>29337492
Literally anything denominated in USD.
People think, for instance, stocks shit the bed in a hyperinflation condition. They don't. They moon because the money they're priced in is crashing.

[Anonymous No.29340673]

>>29340309
>If you own land and grow apples, corn, oranged etc and can sell them you can raise the price daily to have enough to buy what you need as the price of what you need goes up too.
As long as the state survives, you will get assfucked by "price gouging" laws if you do this, because the government will pretend inflation isn't happening.

[Anonymous No.29340709]

>>29340634
>So countries that aren't that strongly tied to the US dollar
Better start looking off-world then. Everything is tied to the US Dollar, either directly or indirectly

[Anonymous No.29340765]

>>29340554
500 of the last 2 crashes have been called by retards on their blogs.

congratulations on proving you are retarded, im not surprised given that you are running a blog on "esotericism" and pretending to be knowledgeble in that realm, people spend lifetimes getting into single streams of esoteric thought, yet here we have einstein v2.0 who thinks he is an expert on everything esoteric and also finance.

delusional pseud, hilarious.

[Anonymous No.29340793]

Why do people still take this retard seriously? He's wrong on 9/10 things he says, and he's usually just lucky on the 1. Basically another peter schiff.

[Anonymous No.29340856]

>>29338518
He hates niggers, a lot.

[Anonymous No.29340929]

>>29338892
I just refi'd at 3.1% for 30 years fixed. Mortgage company called and literally pushed me into a lower rate. No inspection or appraisal, just signed some paperwork.

[Anonymous No.29340958]

>>29340065
How will increasing minimum wage mitigate inflation? Won't that be a temporary stop at best before it accelerates it?

[Anonymous No.29340964]

>>29340570
stocks and crypto are both going to crash in a black swan event. Then one of them will go up again

[Anonymous No.29340969]

>>29340065
great question. Not pretending to be an expert on this. Hyper inflation is a panic - people lose faith in the currency and panic they run to the store and spend all the cash they have to buy food, gas, water, toilet paper because of the fear there wont be any left, or the price will increase beyond their reach (today or tomorrow). The government is slow to act, look at Texas last week, Loussian after Hurricane Katrina. If there is too much money causing the value of the money to plummet, then Gov throws more money at everyone it will make the problem worse by 10x. I am not advocating you buy gold, silver, BTC, I am saying learn about hyper inflation and take some precautions in case it becomes a reality. Look at the fucking panic to buy toilet paper during covid? I watched on tv with amazement at the panic buying and there were no line at my local store. Then about two days later the store was empty. The toilet paper, then food, then cleaning supplies were cleaned out overnight when the panic hit my area. It was crazy. I got plenty of extra food, tp, toothpaste, moutwash, razers, dental floss. I bought that shit in 2008 when I thought there was going to be collapse back then. I look at the prices on those items now and shit I made a great investment, I just did not know it at the time.

[Anonymous No.29340974]

>>29340856
Proof

[Anonymous No.29341017]

>>29340765
>t.
literally you you spastic double digit IQ motherfucker. shut your stupid ass up shit for brains

[Anonymous No.29341021]

Will crypto protect my humble wealth from this?

[Anonymous No.29341048]

>>29336631
is this his real twitter?
ive seen some people saying its a fake account

[Anonymous No.29341151]

>>29341017
lol
dont hex me, Gúenon Jr.

[Anonymous No.29341297]

>>29340964

>hold cash, it becomes worthless
>hold stocks/crypto, they crash

so basically im fucked either way and may as well sit in my positions

[Anonymous No.29341378]

>>29341297
hint hint: precious metals

[Anonymous No.29341459]

There's only a fucking bubble in the stock market, the housing market and the crypto market. There's only like 1.4% inflation for the rest of the market and those bubbles are gonna pop in less than a year.
Hyper inflation my ass.

[Anonymous No.29341491]

>>29338121

[Anonymous No.29341582]

>>29338352
Literally makes no sense, it's like saying using USD wasn't the answer to Zimbabwe's hyperinflation

[Anonymous No.29341589]

>>29341378

humor me for a moment, say i take my net worth and convert it to metals

if literally every asset class except for metals is worthless, what can I even do in this scenario to continue growing my wealth? does the idea of wealth even exist in this scenario?

not like i can buy dips in the market/crypto with gold. im an uneducated idiot with regards to macroeconomics so im trying to understand how this plays out

[Anonymous No.29341598]

>>29337492
Property is best. Wealthy people in third world countries have been keeping their money in land for generations. There's a reason Bill Gates is now the single largest owner of farmland in America, and it ain't to feed niggers. Also Burry has been investing in land for the last decade along with a lot of other big players. If property isn't an option for you at the very least get your money out of fiat and into literally any commodity. I might be a retard tho don't take my advice talk to a professional

[Anonymous No.29341629]

>>29340405
>there hasn't been hyperinflation
because it's been offset by cheaper production costs, decreased production quality, and general ignorance of higher home, education, vehicle/transportation, ane utilities costs. eg lumber and general building materials have gone uo 100% in the past year, utilities in my area have increased ~60%, homes 100% or more, and i'm not in a particularly popular town. hyperinflation is absolutely here

[Anonymous No.29341806]

>>29341459
Completely coincidental that all the bubble asset classes happen to hedge against hyperinflation

[Anonymous No.29341923]

>>29337877
>he doesn't know the COMEX has been suppressing the prices of precious metals
ngmi

[Anonymous No.29341985]

>>29336631
>buy 5 houses today 5% down
>hyperinflation
>pay off houses and sell them
EZ

[Anonymous No.29342055]

>>29339129
All assets are overvalued relatively to fiat and to your fixed fiat salary
It could correct but not sure how on the long term, fed would have to do shitcoin burn, burning half the supply printed.. And that's illegal you can't even melt pennies, let alone rolling back those trillions

[Anonymous No.29342119]

>>29336631
Ok so how do I hedge against this? Serious question. I have like $400k in cash. I want something safe but also liquid (because Im buying a home this year)

[Anonymous No.29342182]

>>29342119
bitcoin

[Anonymous No.29342183]

>>29339636
>listens to prescription news
ngmi

[Anonymous No.29342187]

>>29341598
burry stated he was buying the land to get the water rights, water was the key investment, the land was secondary. Land is a good investment until some county or city board decides to raise the property taxes to the moon to generate the revenue to pay their fat pensions and salaries.

[Anonymous No.29342257]

>>29342055
>that's illegal
For us. You know damn well they can and will get away with it like everything else

[Anonymous No.29342337]

>>29336631

[Anonymous No.29342485]

>>29341589
peak american mindset. you think a currency collapse hasn't happened before?? read a history book

[Anonymous No.29342546]

>>29342337
>gold Mark vs silver chart
Why not use the gold chart?

[Anonymous No.29342671]

>>29336631
wasn't this account proven to be fake / hacked

[Anonymous No.29342694]

>>29342119
debtmax, put as little down on your home as possible and the rest into crypto/metals/guns/prepper shit. You don't need 100k in guns but they are absolutely mooing right now, as other anons have pointed out, these things have real value to people, and real value to you if hyperinflation hits.

I don't put crypto at the top of the list because if you weren't accumlating ALREADY you're getting a much worse entry than me and cryptos are very cyclical, having entered in the 2018 bear and watch this shit dump for a year straight I don't fully drink the koolaid.

[Anonymous No.29342696]

>>29339958
>3% of the population effortlessly subjugated and rules over my race
>the problem is them not my people

kek

[Anonymous No.29342755]

>>29342119
this is something you have to figure out based on your own circumstances. Probably best not to go all in on one thing. Not a financial advisor and not giving financial advice. If the value of the UD dollar could collapse, or even devalue sharply, then a fixed rate mortgage and putting as little down may be a good move - but you decide. You would have to offset the decline in dollar value by having something that increases in value to offset the loss -gold, silver BTC, some type of business that generates revenue (alcohol, drugs, prostitiution, accounting serves, welding, whatever) so that you can increase the price to offset the declining dollar. Say you have some gold coins, and the price of gold goes to $10,000 per ounce (just an example I don' know what the price could be), how many coins would you need to sell one per month to pay the mortgage, or pay off the house at the peak of inflation? Or, would you even waste spending gold to pay off the mortgage, maybe you would buy something else with it. Don't forget, Rosevelt signed and executive order outlawing the private ownership of gold and ordered all americans to turn over their gold the to US government. Only the idiots did. But during that time you would be foolish to tell anyone you had it for fear of confiscation.

[Anonymous No.29342786]

>>29342257
What I meant to say is
> sry goy we can't stop the printing machine. We would really love to but it's illegal

[Anonymous No.29342827]

>>29342337
What do you turn your gold and silver into once the top is reached? If hyperinflation is over at that point could you turn it back into Fiat safely? You can ride these asset bubbles to the top and then you need to have a plan for where to move your money to

[Anonymous No.29342836]

>>29340929
Shit really? Mine has been sending me a bunch of shit about refinancing but I didn’t want to do all the paperwork twice over .5%.

[Anonymous No.29342865]

>>29341378
Every thread like this turns into you faggots huckstering your boomer rocks. Piss off faggot.

[Anonymous No.29342871]

>>29341923
>he doesn't know the COMEX has been suppressing the prices of precious metals
can you elaborate on this redpill?

[Anonymous No.29342950]

>>29342696
They seem to have a problem too considering they always fuck up at the end. It's fucking cyclical, but then this will become a /pol/ thread derail at this rate so I'll shut my ass up.

[Anonymous No.29342966]

Everyone knows Weimar hyperinflation is in the deck somewhere. Can't be stopped. Question is, how long can they keep fucking around before that card finally lands on the table? Could be years, could be decades, but one way or another it's coming.

[Anonymous No.29342970]

>>29342827
Read up on how it went down in Ussr
Basically land, real estate. Those in the know are already balls deep that's why it's overvalued to such extent they're turning to crypto now
Stocks did well as hedge in weimar

[Anonymous No.29342981]

>>29339362
This. But all this money pumping in increases productivity, ushering in a golden age. Unpopular take.

[Anonymous No.29343021]

>>29336631
It's funny, everyone praises autist for being able to pick things out that no-one sees, yet its really about sitting down and reading all the info that is out there. Good stuff.

[Anonymous No.29343026]

>>29337421
Stock market goes up along with the dollar. You dont actually have returns, you're just maintaining parity. Options give you leverage on this, so that's one option. Alternative asset classes are another one, like gold and silver, and to a much lesser extent crypto. Anything with real, tangible value, really. Hard assets that you own, not through a bank. Also going long and short volatility is a good option.

[Anonymous No.29343159]

>>29342865

[Anonymous No.29343176]

>>29343026
Then it would make sense to release a black swan crash, wouldn't it?
To liquidate all the long fags and scoop up panic sells. Sth like in March when covid crash hit.

[Anonymous No.29343184]

>>29342827
you can spend your gold (it is money) and use it to buy a house. People will tell you you can't eat gold, the are right. You are not supposed to eat it. You don't try to spend a one ounce gold coin on a loaf of bread, that is equally retarded. You spend a one ounce gold coin on something of equal value, like $1,700 worth of groceries, car repair, or big ticket items. You can convert your gold back into fiat at the local coin store or pawn shop, or buy shit at the pawn shop with it. If you have other thing of value you can also trade them, sell them. The PMs are to help preserve your wealth.

[Anonymous No.29343337]

>>29343026
>You dont actually have return
buy stonks that pay dividends ?

[Anonymous No.29343357]

>>29342485
zoomers are idiots that think anything that happens in this world is not highly orchestrated and hasnt happened a million times in the past. There is nothing new under the sun, everything is a cycle

[Anonymous No.29343371]

>>29342546
Mostly because everyone is talking about silver right now.

>>29342827
You keep it in gold or silver. Almost always through history a fiat currency collapse is followed by a precious metal backed currency because the public won't accept the same ponzi scheme twice. I think the USD may be the only time the public is stupid enough to fall for the same scheme twice if the Fed comes out with a Fedcoin.
Elite banking families don't keep their money in fiat, only in gold. They have maintained their riches for millennia because it's kept in gold while the working class periodically loses everything, it's a way of preventing long term generational wealth.

[Anonymous No.29343452]

>>29336631
Why are the spikes down bigger than the spikes up?

[Anonymous No.29343494]

If our money is going to hyperinflate, should I go take out a large car loan? I know a scammy banker who will give me a car loan and tack like 20k on top of it and give me cash plus car. Good idea anons?

[Anonymous No.29343527]

We are returning to normal because it's a new paradigm

[Anonymous No.29343559]

>>29338118
my dad works at fiat and will confirm btc is going to 0

[Anonymous No.29343562]

>>29343337
>>29343337
This guy doesn't know what hes talking about, stock have been the greatest asset class since the 1700s.

[Anonymous No.29343584]

i understand holding a mortgage is good but what the hell would they do with property taxes during hyperinflation?

[Anonymous No.29343590]

>>29340673
that is why stores run out of supply, the feds tell them not to raise prices so the store cannot generate the money needed to buy new supplies. The market goes underground and continues. Guess who needs to eat and get food for their families? The local cops. Guess who is bribed first? The local cops. Guess who controls the drug and prostitution markets, the local cops. Pay your tax and they will leave you alone.

[Anonymous No.29343600]

>>29343494

[Anonymous No.29343633]

>>29342865
you had 6000 years.

[Anonymous No.29343638]

>>29343021
Well the trick is that the real stuff is well hidden and they feed the goyim nonense so they can never make heads or tails of it. This world is nothing but information, the trick isnt finding information, that is simple, it is sifting through all the bullshit and finding the true information that is the trick which you are never gonna find without leaving the beaten path. It also takes years to fact check it all for accuracy because there are shitloads of psyops and disinfo shills working 24/7 to keep people from finding the truth. It isnt quick or easy and in my experience most people are too stupid to understand any of it even when you spoonfeed it to them let alone be able to find it for themselves. The jews have successfully turned the west into literal fucking droolers like these two morons >>29341151 >>29340259

who never know when to shut the fuck up and stop running their dick suckers

[Anonymous No.29343863]

>>29337421
You don't. Whoever wins in this case is whoever manages not to lose money.
Stash some gold and silver.

[Anonymous No.29343923]

>>29343584
prices go up for everything

[Anonymous No.29343961]

>>29343562
is your comment directed at me, or the anon that writes "you dont actually have returns" ? I am not arguing against stocks.

[42 No.29343997]

>>29337597
>Sound familiar?
>>29326492
>>29326619
>>29326755
>>29326864
>>29326964
>>29327048

[Anonymous No.29344042]

Wouldn't it be a good idea to buy contracts or futures of PMs dated 1 to 2 years while borrowing a lot of money (as much as you can monthly require to pay) to when they strike you can snatch those ounces for a very cheap price? Like options in the stock market but actually commodities in the real world.

[Anonymous No.29344097]

>>29339831
lol

[42 No.29344102]

>>29338352
>He doesn't seem to think BTC is the answer
neither does Ari Juels:
>>29169740

https://arxiv.org/pdf/1912.07497.pdf

[Anonymous No.29344116]

>>29337597

Boomers definitely are getting their comeuppance. The Schadenfreude is remarkable. Watching them cast about like beached fish in a world they no longer know. Unable to even begin processing that their generation pissed away the high water mark of civilization. Reverse mortgaging their Boomer Mausoleums for just a few more years of daytime TV and comfortable living, hiding from the Darwinian reality outside. And fuck the next generation. Fuck posterity. Fuck everything their parents and ancestors held dear or sacred.

It's possible to go to hell before you die. And boomers deserve every inch of it.

[Anonymous No.29344126]

>>29343584
>what the hell would they do with property taxes during hyperinflation

That is my question and why I have not bought a house yet. I am was waiting for prices to fall but with the exit from the city to subs and rural areas those prices have increased significantly.

[Anonymous No.29344198]

>>29342827
>turn it back into fiat
If hyperinflation happens there will be at least a generation of people who won't trust or accept paper money. If you already made it you should be hedging with land/commodities.. if you're still a poorfag ride the bubble and pray the jews keep this ponzi scheme going for another decade

[Anonymous No.29344225]

For anyone banking on crypto concerning inflation.

It will not work.

It is a speculative asset and is almost at its peak rsi from 2017. 15% upside left.

[Anonymous No.29344255]

>>29343961
you have returns with stocks you don't need dividends to have returns

[Anonymous No.29344276]

>>29337421
>>29337492
Firearms & Ammo
Non-Perishable food
Things that are useful (tools, computers, books, etc.)
Real Estate
Silver coins or crypto (to barter for stuff in the context of worthless money)
Safe value stocks (grocers, telecom, utilities)

In this case you can't really make money you can only really preserve wealth. It's not that you will become rich it's that you will stay at the same level while guys who were making good money off a bullshit job and were leveraged up to the tits lose everything.

[Anonymous No.29344305]

>>29339898
Underrated post.

[Anonymous No.29344307]

>>29344225
If I had the choice of chasing something that has already made its move or entering a much lower risk opportunity which is proven to be correlated to inflation...

I know what i'm choosing.

[Anonymous No.29344427]

>>29338518
>>>whats wrong with chicago

Niggers raised on High Fructose Corn Syrup

[Anonymous No.29344449]

>>29344307
I hope you're right, anon.

[Anonymous No.29344452]

>>29344276
>Safe value stocks (grocers, telecom, utilities)
Genuine question to ask. Would chip makers such as TSM be considered a utility in this day and age?

[Anonymous No.29344492]

>>29341459
Don't forget the bond market, it's really a bond bubble that's spilling over into the rest of the economy

[Anonymous No.29344533]

I wouldn't bother trying to pay off your house RN. If you are worried pay up your mortage for a bit and eat the interest.

If hyperinflation does kick in, chances are we will reach a point where a days wages in the future will cover a mortgage taken out today


And yes this is bullish for coins

[Anonymous No.29344568]

>>29344449
He came out with the spring list over the weekend.

Majors
>Newmont Goldcorp
>Teck Resources
>Rio Tinto
>Southern Copper
>Newcrest Mining

Silver Producers
>First Majestic Silver Corp
>Pan American Silver Corp
>Endeavour Silver Corp
>Hecla Mining
>Silver Standard Resources
>Impact Silver Corp
>Coeur Mining Inc.
>Gatos Silver
>Fortuna Silver Mines Inc
>Great Panther Mining

Other Producers
>Newgold Inc
>Centerra Gold
>Pure Gold Mining

Developers
>Alexco Resources
>Bayhorse Silver Inc.
>Aurcana Silver Corp
>Braveheart Resources
>MAG Silver Corp
>Ascot Resources

Explorers/Early Developers (PEA/FS stage)
>VanGold Mining
>Lion One Metals
>Rockhaven Resources
>Skeena Resources
>Kore Mining
>Discovery Metals
>Moneta Porcupine Mines

Explorers (resource estimate stage)
>Nighthawk Gold
>Blue Lagoon Resources
>Dolly Varden Silver
>Fireweed Zinc
>Blue Moon Zinc
>Fabled Silver Gold Corp
>Galway Metals
>Canada Nickel Company

Explorers (no modern resource estimate)
>Scottie Resources
>Eskay Mining
>Irving Resources
>Tocvan Ventures
>Silver Spruce Resources
>Blackrock Gold

Silver Trusts
>Sprott Physical Silver Trust

[Anonymous No.29344645]

>>29344452
In my opinion yes, buying TSM is like buying standard oil in the Rockefeller days

[Anonymous No.29344678]

>>29343176
What do you mean "release"? As in some directing agency that says, "okay boys flip the switch now's the time!"? This happens all the time. It's been happening for so long by so many different actors that they all more or less cancel each other out. This is why volatility is a great game to play.

>>29343337
An hyperinflationary system running rampant is a 5-10 year death march for an economic system, and is almost always replaced by some other system entirely. Usually after some wars, famine, poverty, and/or plague.
I like some divvie stocks, AG is going to pay me out well, which is nice, but dividend stocks are more of a bet on consistent growth with a cherry on top than anything else imo.

>>29343562
That's an absurd over-generalization.

[Anonymous No.29344716]

Most Wall Street analysts don’t see inflation being much of an issue. This guy isn’t an oracle.

[Anonymous No.29344787]

>>29339362
>i think when the pandemic ends and things go back to normal
Anon, I...

[Anonymous No.29344948]

>>29344492
Yep. Long commodities and short bonds. Also VIX calls are a good option.

[Anonymous No.29344951]

>>29344716
yea, why are they so calm about it? they cite unemployment indexes and just like ignore the boosted money supply + artificial government hampering of business

[Anonymous No.29344967]

>>29344645
Thanks anon. Glad to have a second opinion on this.

[Anonymous No.29345270]

>>29344568
Thank you

[Anonymous No.29345289]

>>29337877
Checked but nearly half the volume of bitcoin is now traded through futures contracts; enough to manipulate price.

[Anonymous No.29345313]

>>29343638
This is exactly why a new system is needed, all this extra leisure time during a pandemic with the greatest information source at our fingertips has led to record numbers of people discovering the workings of the stock market for the first time. And in order for a new system to be created the old one has to crash and burn first.

Great article btw.

[Anonymous No.29345351]

>>29336631
anyone with a brain can see hyperinflation happening everywhere since October.

[Anonymous No.29345607]

>>29344492
The bond market is absolutely fucked. Debt is so cheap that there is nowhere to put your money but stocks and crypto. There is a stupid amount of debt, but it is all valueless.

[Anonymous No.29345618]

>>29340309
>>29340673
He is right about food. Look to Argentina for MANY recent examples. Better to keep it to yourself

[Anonymous No.29345672]

>>29345313
ty bro. Well we can be sure the shit is gonna hit the fan sooner rather than later and something new will most certainly come of it. We will have to fight to re-institute the Gottfried Feder system.

Have you read his book Manifesto for the Abolition of Enslavement to Interest on Money? It is what the reich based their system on. Here is a udibook version you should give it a listen when you need something in the background, good book.

https://ugetube.com/watch/gottfried-feder-manifesto-for-the-abolition-of-enslavement-to-interest-on-money-1919-full-audio-book_hQ9DcxljAkwctY8.html

[Anonymous No.29345806]

Michael "My wife is asian" Burry

[Anonymous No.29345846]

>>29342694

Why guns? Honestly. Like what the fuck am I gonna do, conduct a shady arms deal and possibly get shot and have all my shit looted? I never understood this.

Buy one reliable modern polymer handgun that you can conceal and you'll be set for a while. I'm not hoarding guns like some autismo prepper faggot

[Anonymous No.29346008]

>>29345846
a gun or two is handy in case you can hunt in your area. feed is increasing 20% to 40%; yes an animal takes 6 years to mature but prices and production should immediately adjust to account for this. that means we might be seeing food shortages based on input prices alone

[Anonymous No.29346202]

>>29346008
watching food prices and portion reductions (for the same price) is the best way to determine TRUE inflation. Big Macs and whoppers were three time the size they are now when I was a kid, wendys had a dollar menu etc

[Anonymous No.29346257]

>>29337877
Interest rates going back up

[Anonymous No.29346639]

>>29346257
question is when will interest rates rise?
most of the pundits I read and watched think jan 2022 earliest is when the fed will take action.

stocks, property, crypto are in a bubble but I don't think that means hyperinflation.
commodities and energy are rising.
inflation of goods and services is here/right around the corner, fed is denying that any of this is happenning.

[Anonymous No.29346679]

>>29345846
>Why guns?
look at vids of what happened in new york during the blackout, after Huricane Katrina, during the LA riots, during the BLM riots. You think you are going to call the police and they are actually going to do something for you? Look at the roof koreans and how many guns they needed to protect their store. The LAPD abandoned the community, they ran away. What if a part in your gun fails? You need a backup, or 20. You can trade them (possibly).

[Anonymous No.29346743]

What does this mean for BTC?

[Anonymous No.29346831]

>>29343584
>property tax
property taxes are one thing, in the US most utilities are private, so they can jack the price all they want. Look at the outrages price increase texas ERCOT charged per kilowatt and customer's electricity bills were like $3,000

[Anonymous No.29346847]

>>29336631
We're already living in hyperinflation why do you think a bitcoin is worth 55k?

[Anonymous No.29346909]

>>29346743
nobody knows. if there's hyperinflation people flock into "hard assets" - land, gold, commodities. is bitcoin a "hard asset" nobody knows it hasn't seen this environment yet.
I think it will pop like stocks when/if interest rates increase.

[Anonymous No.29346971]

>>29336631
I WILL NEVER SELL, I WILL BUY MORE BUG TOKENS, I WILL EAT THE BUG TOKENS, I WILL SWAP THEM FOR PODCOINS. I WILL TRANSFER MY WEALTH TO THE CRYPTO OVERLORDS!

[Anonymous No.29347064]

>>29346639
in Australia they claim they will not raise interest rates for 4 years:
https://www.abc.net.au/news/2021-02-15/why-australian-property-prices-will-continue-to-soar/13154220

>they might have to

[Anonymous No.29347081]

What happened to the price of gold in the 2007-2009 financial crisis?

[Anonymous No.29347101]

>>29338121
I don’t think he’s a shitlib

[Anonymous No.29347203]

>>29346639
They will do everything they can to keep interest rates low as long as possible and will keep parking their funny money in BTC. I think 2022 is a reasonable timeline. Plan to ride this bubble as long as I can

[Anonymous No.29347345]

>>29337421
/pmg/ /k/

[Anonymous No.29347361]

Drugs are a good investment as well. Sitting on a few kilos of heroin and meth and you are completely recession proof.

[Anonymous No.29347545]

>>29339898
can you go more into the how "he crooked banks could hold the value/price of the MBS fixed until they repositioned themselves to take advantage the credit default swaps" part of your message

very interested in learning about that

[Anonymous No.29347561]

>>29344116
BASED.

[Anonymous No.29347740]

Been struggling to understand this: many of the world's currencies are back by the USD. If the USD has hyperinflation, but not the local currency, what would be the consequences of that? Could this cause other counrites to have hyperinflation even if they haven't been printing money like crazy?

[Anonymous No.29347830]

>>29347740
They will hyperhyperinflate

[Anonymous No.29347844]

>>29339958
Im curious, how would you solve the problem? Minus something like another holocaust or something, obviously thats not feasible for the average joe. What would the generic Tom, Dick or Harry have to to in order to survive or prosper if things keep going the direction you see them going?

[Anonymous No.29347926]

>>29347361
How you going to sit in it without wasting it all?

[Anonymous No.29347947]

>>29347740
It the US goes down the rest of the world goes down with it. We already saw this in 2008. That's why the feds are so incentivized to keep the ponzi scheme going as long as they can.

[Anonymous No.29348104]

>>29337901
You really don't want to have any sort of variable interest rate dept.

[Anonymous No.29348160]

>>29338352
He's saying BTC's not a good global reserve currency, not that BTC won't go up.

[Anonymous No.29348169]

>>29346909
>when/if interest rates increase.

Lol thats never going to happen.

[Anonymous No.29348259]

>>29348169
my body is not ready for negative interest rates

[Anonymous No.29348355]

>>29347844
>What would the generic Tom, Dick or Harry have to to in order to survive or prosper if things keep going the direction you see them going?

Silver, gold, shelter, food, water, guns, ammo. In increasing order of importance. These have always proven to be useful in dark times for the last 200 years.

[Anonymous No.29348372]

>>29344102
Thoughts on rose?

[Anonymous No.29348516]

>>29336631
Trying to be an economic scientist is like an intelligent person trying to understand niggers. Must be frustrating.

Heck with being a doctor, at least its all physical.

[Anonymous No.29348529]

>>29343494
Only if your income stream will increase proportionally to inflation.

Otherwise, you'll have a $40,000 loan, you'll still be making only $40k/year, all while your food and water prices have quadrupled to $30/lb for meat and $20/gal for water that you HAVE to get on top of this jewish loan.

[Anonymous No.29348597]

>>29347947
>We already saw this in 2008
In 2008 Australia didn't feel much, yet our currency is tied to the USD

[Anonymous No.29348645]

>>29348529
>>29348529
are there any professions that have salaries that seemed to adjust with hyperinflation?

[Anonymous No.29348681]

>>29341048
Tards they are

[Anonymous No.29348686]

>>29340658
They fall against forex retard
And almost all stocks have returns on capital that are low to the point where after hyperinflation they would get marked down, scrapped, or totally defuault under the sound money return

[Anonymous No.29348785]

>>29348259
Yep. Thats next.

[Anonymous No.29348816]

>>29344533
>If hyperinflation does kick in, chances are we will reach a point where a days wages in the future will cover a mortgage taken out today

Hyperinflation does not mean your wages will keep up. Every country where hyperinflation occurred caused untold misery for its lower classes. Political elites just print money to feed their inflated salaries, but companies and the lower classes cannot print money.

Hyperinflation only benefits the political top class. It means you pay more for everything while your income stays the same. The government will then send some pittance checks to "help" the needy. AKA more stimulus checks, just barely enough to survive off of, to keep everyone dependent on the govt. It's not a conspiracy theory, it's happening right the fuck now before our eyes. COVID checks were only the beginning.

>>29348645
Yes. Politician.

And maybe doctors too, since everyone wants to stay healthy, including politicians. But that's about it.

[Anonymous No.29348928]

stop worrying about hyperinflation, if that ever happens to the point where millions of people die/starve/kill eachother, none of us here will be prepared enough to survive. we will all die. your gun collection wont do much, your canned goods wont last long, youll run out of ammo sooner or later. only the die hard preppers might have slim chance to make it through the fall of civilization. and would you really wanna live through a couple hundred years of dark age?

[Anonymous No.29348982]

[Anonymous No.29348995]

>>29337639
No it’s not. It’s a calculated supply halving on Bitcoin’s behalf that happens every 210,000 blocks or approximately every 4 years. If you knew this information one year ago, you would be rich.

[Anonymous No.29349192]

>>29348982
Printed money doesn’t matter. 95% of currency in America at least is not longer in printed form due to the Feds relationship with Banks, digital debt and the derivatives market. We’re no longer running on a functional currency at this point — that I will agree with.

But the dollar will hyper inflate compared to what? China? Pffft nope.

[Anonymous No.29349308]

>>29339636
>An entire business composed of people that do their best to not actually make decisions all day made a comment
>I better ignore him over a guy that actually puts his money on his own positions

[Anonymous No.29349310]

>>29349192
>But the dollar will hyper inflate compared to what? China? Pffft nope.
It can hyperinflation to gold, silver, oil, water, food, or any other commodity. You don't need another country's currency to benchmark against.

Metals/commodities ARE money too. Seems like everyone forgot this lately though.

[Anonymous No.29349355]

I’m 12 and this thread scares me

[Anonymous No.29349383]

>>29336631
Wrong.

Look at interest rates, they are moving higher. Stocks will be destroyed soon along will many billions of dollars. I think the FED may let it happen this time around.

[Anonymous No.29349519]

>>29340405
>>29340554
Imagine thinking that being 4 years early is more wrong than being 30 seconds late
Learn how to trade retard

>>29340570
BTC price is currently 100% driven by a short TBond IV trade. And the limited supply means the more people that enter it increase the price more and then momentum comes in and increases the price more. The exact moment BTC falls will happen once a massive spike in TBond IV turns into realized TBond volatiltiy. We are currently sitting on a massive TBond IV spike, so either we don't get realized vol close to the IV, causing BTC to run to 75k or we see realized vol and it loses 90% in a few days.

If the current BTC surge was because of money printing, it would have started at its current pace along with the rest of commodities in late spring/early summer 2020

[Anonymous No.29349616]

>>29349383
I'm not selling I'm rotating into individual companies that are solid bets like TSM

[Anonymous No.29349645]

>>29349519
>>29340570
BTW hyperinflation would mean TBond vol due to foreigners selling out of their treasuries, so then no one would turn to BTC during the supermarket hyperinflation because it just failed everyone and you aren't going to gamble with survival.

[Anonymous No.29349650]

>>29336631
Based Burry trying to make the fed raise rates and crash this shitshow of a stock market.

[Anonymous No.29349705]

>>29341985
Except there's no goddamn inventory. Nobody is selling and when they do there's 20 bids over asking.

[Anonymous No.29349706]

>>29336631
so the strat is to pull a Soros and short the usd?

[Anonymous No.29349715]

>>29344948
VIX calls are always expensive. I'm long commodities and long bond calls and long stock puts. Simpler modeling and lower premiums

[Anonymous No.29349800]

>>29344452
You would have to have very deep understanding of where their revnue streams come from. Retail tech consumption would go to zero, but critical infrastructure components have to get made.

[Anonymous No.29349803]

it's happening

[Anonymous No.29349819]

>>29337421

Not being in NOG infested urban areas is a start.

[Anonymous No.29349848]

>>29336631
xrp will save the day.

BUY XRP

[Anonymous No.29349915]

>>29343337
Yeah everyone is trying to go too Big Brain on this shit as usual, just buy and hold Altria, 7.9% dividend right now, will go up with inflation+people escaping to value+weed legalization as a hidden vice tax and government desperate for funding.

[Anonymous No.29349931]

>>29349848
>Buy a shitcoin who's only use is for bankers
>hyperinflaiton
>banks are ded

[Anonymous No.29349980]

>>29348928
Lol the preppers win in the end. Dumbass y2k preppers with their shopping carts full of water bottles.

Dude there's not going to be hyperinflation. The fed can't print money it can only print reserves. Velocity of money fell off a goddamn cliff.
The Gov printed 2 trillion of stimulus to fill a 5 trillion hole with the destruction of whole industries. And if inflation did get out of control they can just hike rates to 5% or higher to drain inflation (but also crash everything at the same time).

What Burry is trying to do here is to warn the fed to raise rates earlier to fuck over the robinhooder and crypto transplants pumping and dumping all over the stock markets so that it's less of a ridiculous circus.

[Anonymous No.29350012]

>>29340793

He just knocked his GME take out of the park

[Anonymous No.29350069]

>>29349915
Wouldn't phillip morris make more sense since they are making more money outside the US?

>>29349980
Hey dollarmilkshake retard who's name I scrubbed from my memory! How's that long dollar trade going you massive fucking idiot. Learn how to read a payoff function between dick sucking sections retard

[Anonymous No.29350124]

>>29349715
interesting strat i'll look into it

[Anonymous No.29350123]

>>29350012
Burry sold his GME at like sub $10

>>29349931
>banks are ded
Burry crying about hyperinflation on twitter when his 25% of his positions are citibank and wells fargo.
This dude just wants interest rates to rise earlier

>>29350069
What are you talking about dollar milk shakes? refute my point directly asshole or go fuck yourself.

[Anonymous No.29350141]

the best thing to do is take out a mortgage with the minimum down payment because your debt will become worthless

[Anonymous No.29350174]

>>29339577


Fuck your silver. Just rob the store for it's 100 loaves of bread instead of sitting on some boomer rocks.

[Anonymous No.29350230]

>>29350123

No he didn't, and he wrote the entire thesis on it being overshorted. That entire fiasco was his doing.

[Anonymous No.29350272]

>>29349800
People are starting to realize that not only is TSM undervalued it's actually a critical component of the supply chain and should be worth a few multiples of what it's currently trading at.

[Anonymous No.29350313]

>>29350141

>tfw sitting on two rental property mortgages and $45k in student loans

Let's roll

[Anonymous No.29350312]

>>29350012
You don't get it. Burry is super mad at the dumbass wsb pumping GME to $500 when he sold most of it well before that.

His clients asking if they got that pump.

>>29350230
https://whalewisdomalpha.com/burrys-scion-sold-all-gamestop-before-gme-ascent/

[Anonymous No.29350383]

>>29337421
>>29337492
Canned food and shotguns. Rural land that you can grow food on. Tools and equipment that you can use in day to day life to make money from the unprepared.

Hardmode: essential, stable pharmaceuticals that people may need in order to save their lives. Insulin deteriorates too rapidly (sorry, type-1 diabetics) but Metformin lasts for a few years. Augmentin, azithromycin, cefixime, and others could be worth many times their weight in gold, or gain you access to and the use of the reproductive organs of healthy fertile teenage girls.

>>29337520
That's not hyperinflation, bruh. Hyperinflation is when your fiat currency is devaluing so fast that prices of EVERYTHING priced in it are skyrocketing. Right now, the purchasing power of 1BTC is the same as the purchasing power of 1 kg of gold. Well, minus a bit at the moment, it's dropped by about 1 oz of gold.

[Anonymous No.29350407]

>>29338892
I had a fixed rate 30 yr...refinanced to a 15 year with a lower fixed rate a few years back. The interest is a joke.

[Anonymous No.29350433]

>>29349715

Based.

I’m all in oil RN. Imagine missing the most obvious boat

[Anonymous No.29350500]

>>29338518
Holy based

[Anonymous No.29350525]

>>29349355
You'll be called upon to be a man earlier in your life than many. Be glad to be younger rather than older and frail when facing an event like this.

[Anonymous No.29350541]

>>29350123
It doesn't fucking matter if they are printing "reserves only!!!11!11" when they are directly buying corporate bonds. Money isn't simple mechanics which is why there aren't any monetarists anymore. The Treasury guarantees anything it wants the fed to buy and then you retards say "see look this is really the treasury not the fed buying this" even though the treasury is guaranteed by the fed and already functionally insolvent on their long durations.
This isn't mechanical.
And the dumbest part about all this is that deflation retards think that the best move is to buy treasury bonds because muh "inflation premium" will decrease causing the price to rise. Meanwhile in actual deflation bonds are the last thing you want to own.

In regards to burrys bank calls, A: they're calls. B. I guarantee he is hedged 6 ways to sunday with non 13f reportable derivatives

[Anonymous No.29350549]

>>29350312

He loaded up on shares in the $4-6 range and then sold at $18 within the same year, that is a knockout for a major fund manager, and my point stands, he was the one who directed the entire short squeeze. The mania that ensued would never have happened had he not gone all in.

[Anonymous No.29350564]

>>29350312
Burry was an original value investor and there's nothing more value investors hate than growth momo pump and dump bandwaggoners taking a big fat shit on all their work.

Value investors getting shat on for the better part of two decades ever since the fed started lowering rates to zero and letting retards like cathie and elon hog the spotlight. Burry's had enough, raise the rates and crash the momo pyramid schemes so value investors can do well again.

[Anonymous No.29350630]

>>29338426
10

[Anonymous No.29350660]

>>29350541
Hyperinflation goldbug retards are the dumbest fucks on the block. People who trade bonds are the smartest guys on the block.

You don't know shit kid.

>>29350549
Yeah and GME spiking to 420 took away the happiness that he should have felt for getting a triple.

[Anonymous No.29350728]

>>29337597
jesus fucking christ. god help us.

[Anonymous No.29350803]

>>29336631
usually the most mentally crippling fud is right before a bullrun. however, this is fucking michael burry and im legit terrified now.

[Anonymous No.29350824]

>>29343997
>reading zerohedge unironically
zerohedge has been wrong for the last decade and a half

[Anonymous No.29350843]

>>29338518

Someone post demographics of Chicago

[Anonymous No.29350855]

>>29350660
Yes, bond traders ARE the smartest people in finance outside derivatives markets.
I WONDER WHAT THEY ARE DOING AT THIS VERY INSTANT?????? OH IT LOOKS LIKE THEY ARE RUSHING OUT TO BUY BOND OPTIONS AND CONTINUING TO STEEPEN THE YIELD CURVE
Have you looked at any prices or index numbers recently?

[Anonymous No.29350876]

I have read all about the german hyperinflation and Michael Burrys take on it. Now I wonder who these international speculators were who started it all.

[Anonymous No.29350915]

>>29350824
So has buffett, burry, and basic logic
better yolo spy calls

[Anonymous No.29350933]

>>29338892
>You won't find a fixed rate for 30 years
In the US those fixed, 30 year loans are everywhere. Banks still shy from 2008 most likely.

[Anonymous No.29350958]

>>29337597

[Anonymous No.29351037]

>>29350915
yeah value investors have gotten fucked pretty hard. buffett still sitting on his 150 billion cash hoard.

>>29350855
Alright do whatever the fuck you want. hyperinflationist shitforbrains crawling out of the woodwork acting like the ten year going to 2% is the end of the world.

[Anonymous No.29351092]

>>29338118
Yeah, that's why this summer I plan to trade some of my BTC for farmland, maybe with a small house on it. And also nightvision goggles, guns, and ammunition. . . .

>>29338163
Good point about the water, don't buy where you don't have water rights. Colorado, California, Oregon, Nevada, Arizona, all have shitty water laws and water availability.

[Anonymous No.29351142]

>>29344449
pls look up how inflation and precious metals correlate or dont correlate during bouts of inflation

[Anonymous No.29351164]

>>29351037
Anon, where did I say I think hyperinflation is coming? The exact bond traders that you just quoted as being so smart are unironically shitting their pants right now. It'll blow off because this isn't the end, but if you are naked long bonds you have to be totally retarded

[Anonymous No.29351167]

>>29349715
>Imagine thinking all that negative theta is a good strategy

You need to sell some premium to offset that theta decay my dude. May I suggest if you are long commodities you do so with short puts. I was hoping SLV would have a nice strong down move this week for me to reload my short puts in there but that’s looking less likely by the day. Mayjost yolo some off tomorrow depending on what happens. I hedged my QQQ puts with further out of the money ones cause this last 30ish days theta really pics up and they were killing me.

[Anonymous No.29351171]

>>29336631
>https://twitter.com/michaeljburry/status/1363226460979228673
good thread OP im reading his tweets and it's fascinating

[Anonymous No.29351225]

>>29337597
What book is the this from? I'm interested in reading it

[Anonymous No.29351263]

>>29351164
You don't think I can detect a goldbug schiff faggot, you've already outed yourself.

Ten year traded at 2.5% a year ago before the chink flu, going back to there is not the end of the world.

[Anonymous No.29351315]

>Opportunity knocking

[Anonymous No.29351377]

>>29340929
You do know that there are legal differences between purchase-money mortgages and refi mortgages, right? It's not possible to do "jingle mail" after a refi, you have to declare bankruptcy.

>>29341021
Dunno, I guess we're gonna find out.

>>29341048
Yes it his real Twitter account. The ZH article someone linked even has the same quotes.

>>29342119
Your house is your main hedge. Just be fucking sure you got a fixed-rate mortgage and some land around it to garden on. Low nigger ratio locally is a must too.

[Anonymous No.29351394]

>>29336631

[Anonymous No.29351460]

Don't worry, Anons. Germany already got you covered by issuing the minting of a $20 Weimar coin worth $37, in 2019, as part of the "cov19 financial crisis starter set." Think this is a coincidence? Think again. It's all part of (((the plan))).

[Anonymous No.29351525]

>>29351460
***I meant to say "a $35 weimar coin worth $20."

[Anonymous No.29351605]

>>29350272
That as the case may be I’m not buying this fucking chart. Maybe it goes to 1000 but that shits gone parabolic already; getting in now is just asking for massive losses IMO.

[Anonymous No.29351707]

>>29350141
> mfw 0% VA home loan

I'm on it boss, very soon.

[Anonymous No.29351735]

>>29351460
>>29351525
you are wrong the actual worth of the coin is 16$

[Anonymous No.29351800]

>>29350141
You really so sure that the fed won't just raise rates?

Between crashing the stock and real estate markets vs killing the dollar forever + losing reserve currency status you sure the Fed is just going to kill the dollar permanently?

[Anonymous No.29351802]

>>29342970
thats why bill gates has been buying farmland lol
they're gonna keep it safe with drones and face scanning and GPS and shit, any fucking peasants trying to get near the crops to feed themselves or reclaim lands are going to turned into fertilizer

[Anonymous No.29352190]

>>29346202
Everything is bigger when you're a kid.

[Anonymous No.29352314]

xrp is unironically the solution to the triffin dilemna that burray is proposing sirs

[Anonymous No.29352561]

>>29350564
this

[Anonymous No.29352567]

>>29336631
Burry's no dumbass. He wants the fed to raise rates so this clownshow of a market can finally end. Value investors do well for a couple years whenever the fed hikes and causes the growth ponzis to collapse.

Imagine doing solid due diligence on GME and tripling on a bet in less than a year only to get angry calls from clients about missing the $450 pump. His blood must be boiling.

[Anonymous No.29352656]

>>29350174
How does it feel to be a nigger on the inside?

[Anonymous No.29352675]

>>29350803
Burry is early as usual. The bull run is just starting we won't see any of this for at least a year hopefully more like five. I still need to get to 7figs

[Anonymous No.29352807]

THIS TIME IS DIFFERENT!!
>NEW PARADIGM
NEW PARADIGM!!
>THIS TIME IS DIFFERENT
THIS TIME IS DIFFERENT!!
>NEW PARADIGM
NEW PARADIGM!!
>THIS TIME IS DIFFERENT
THIS TIME IS DIFFERENT!!
>NEW PARADIGM
NEW PARADIGM!!
>THIS TIME IS DIFFERENT
THIS TIME IS DIFFERENT!!
>NEW PARADIGM
NEW PARADIGM!!
>THIS TIME IS DIFFERENT

[Anonymous No.29352816]

>>29342865
That's because "boomer rocks" are what everyone around the entire planet for the last several thousand years have used to save themselves from fiat currency financial disasters.

>>29342981
>increases productivity
Yeah, we really need more production of genderfluid pansexual artwork depicting Trump strapped to a table being buttfucked by Putin.

>>29343026
And then you get taxed on the inflated value of the stocks. Hey, you heard Biden's campaign talk about raising capital gains rates to be the same as ordinary-income rates?

>>29343584
They jack up your property taxes, demand that you pay insane amounts of cash that you can't obtain, and then then confiscate your property to sell it for the tax debts to the bankers.

Why do you think the Germans brought the Nazis to power in the 1930s? Why do you think the Nazis hated the Jews? Go read their books from back then -- millions of people got wiped out by exactly that, and the Jewish bankers were the ones who ended up with all the property. Oh, and the Jewish communists were all running around burning down capitalists' homes and businesses and beating people up. You know, like what was happening last summer in Minneapolis, Kenosha, Portland, Seattle. . . .

[Anonymous No.29352835]

>>29339577
americans already are jewed out to the extent of student loans are not forgiven if you declare bankruptcy
so if 1 dollar becomes 2 dollars, then the debts will adjust too
why not? it's not like americans are going to do something about it.

[Anonymous No.29353124]

You just know it’s coming you can feel it in the air, everyone suspects inflation is coming when we open up but nobody knows how bad it is going to be

[Anonymous No.29353195]

>>29344042
>buy contracts or futures
The problem with doing that is that the government can just freeze the market or declare an unwind. Do you remember 2008, with bans on shorting, or the Flash Crash and the subsequent unwind meddling? How about the MF Global bankruptcy and how "custodial gold" meant "oh too bad, Corzine was a big Dem donor and we're going to protect him, so even though he violated the law and your ownership rights, your gold bars get thrown into the general pool with everyone else's."

[Anonymous No.29353228]

>>29340037
LMAO

[Anonymous No.29353809]

>>29344102
Unlike you, I actually read the paper. It requires that the attacker control a minimum of 21% of the hashrate. Not only that, it requires that the attacker wants to destroy what the miner is getting paid in. Yeah, maybe tomorrow China will start seizing mining farms to attack Bitcoin. Until then, this is a nonissue.

>>29349192
>Printed money doesn’t matter. 95% of currency in America at least is not longer in printed form
>being so autistic that he doesn't understand that "printing" is a metaphor and is not meant as "putting ink on pieces of paper" but rather is "adding to the money supply".
stay autistic, autist.

[Anonymous No.29354245]

>>29339898
>they are ready to let it go

mars?

[Anonymous No.29354307]

>>29350230
> he wrote the entire thesis
No he didn't. DFV was in it for months before Burry joined in. DFV even posted that it was nice to get confirmation of his (DFV's) thesis by seeing that Burry agreed with him.

>>29350272
The biggest problem with TSM is that it is in Taiwan, and Taiwan is in the same situation that Fukushima was in back in January 2010, just waiting to get hammered by a massive quake.

>>29349355
Well, fortunately for you, there are a lot of older men who would love to share some food with you, you pretty little child. Your butt is so cute!

[Anonymous No.29354312]

>>29350174
God I hope you I see you rob that store and take the bread from my families mouths. Because I will kill you anon. Gun or not I will tear you apart.

[Anonymous No.29354521]

>>29337901
>take out 100k in debt
>next year 100k isnt even enough to buy groceries
Might as well buy shit while you can if hyperinflation hits. The more debr you have now the less it will mean later

[Anonymous No.29354660]

>>29354521
I've been taking advantage of a loophole taking Uni classes and maxing out all loans I can for the past 8 years. This year I finally maxed everything out. Got about 230k in. Everyone said I was crazy but acknowledged that if I was right and my debt ends up wiped they will want to kill me lol.

[Anon No.29354831]

>>29340929
>3.1%
Pathetic, I’m at 2.75%. Have fun getting screwed by the banks, cuck.

[Anonymous No.29354900]

In a hyperinflationary/SHTF environment, how are barter trade values determined? How do two parties determine how many batteries a lighter is worth? How does one figure out how much gold an acre of land is worth?

[Anonymous No.29355033]

>>29354900
We measure everything with the dollar. When the dollar dies then we use something else in its place. Historically this has been precious metals.
>how many batteries a lighter is worth
Depends on how much silver/gold a battery is worth
>How does one figure out how much gold an acre of land is worth?
First, find the value of gold. Next, work with the seller to determine the value of land.

[Anonymous No.29355050]

>>29354900
Just the same as value is currently defined, how much is it worth ti you? How much will the guy you're selling it to pay for it?

A lighter may be worth a full night with a wife of a guy who really needs it

[Anonymous No.29355115]

>>29337597
>tfw young and quick-witted

[Anonymous No.29356083]

>>29339362
>when the pandemic ends and things go back to normal
It’s astonishing to me that people still believe this will happen. I feel bad for normies who keep thinking, “soon this will all be over,” and are perpetually disappointed when it carries on getting worse. I figured out in like June that they were going to milk this until we were a broken society of slaves, so I’ve been able to prepare accordingly. The innocent gullibe masses are getting fucked so hard.

[Anonymous No.29356383]

>>29344116
Most low IQ take itt. Boomers are a product of the media and culture of the time.

[Anonymous No.29356468]

>>29337700

[Anonymous No.29356555]

>>29340974

[Anonymous No.29356845]

>>29338027
can't. we're doomed. Think Rhett Butler. He had stuff to sell. Stuff people needed like guns or something.

[Anonymous No.29356872]

>>29338455
Covid is fake, they are using the vaccine to kill and sterilize a lot of people dumb enough to get it. We’ve been psy oped on a global scale because on tiny hat country has a death grip on every major government.

[Anonymous No.29357570]

>>29350012
>>29350312
>>29350549
>>29350012
Damodaran valued GME recently at $47:
https://www.youtube.com/watch?v=M5j9DbThuMY
Even if you assume he's off by 50%, Burry still sold too soon.

[Anonymous No.29357647]

>>29339249
Indeed, an elastic supply currency will eventually solve this problem.

[Anonymous No.29357749]

Here's what he says about replacement currency.

[Anonymous No.29357959]

>>29338027
Take on debt before the hyperinflation hits

[Anonymous No.29358079]

>>29336631
its fucking over, what can I do to save my money frens?

[Anonymous No.29358088]

>>29352190
even weights and measures? So a quarter pound is actually a half pound when you are kid? a five pound barbel weighs 25 pounds?

stfu dumb fuck

[Anonymous No.29358238]

>>29337614
shut up
shut the fuck up
shut the fuck up nigger lover
shut your shitty hole up you kike lover
shit your nigger sucker fucking mouth jew
shut the fuck up shitcoin shill pajeet motherfucker

[Anonymous No.29358276]

>>29343584
Prices go up for everything in hyperinflation. Trend on property tax is always up even if large increase are illegal in certain states. With US 60-70% are renters, someone has to pay taxes. Hopefully you would be making bank on a job or side gig to afford assets other than the dollar to trade away fiat tokens. I would buy property only if the risk in making money was low, supposedly during the great recession landowners(homes) got fucked, those with private farm land(non-dust bowl) did OK.

[Anonymous No.29358387]

>>29337614
>>29358238

[Anonymous No.29358393]

>>29343026
Silver bullion and LINK. BTC is not the answer because of the very reasons you describe, but you missed one very important asset class that can now be monetized because of Chainlink — data. Welcome to the New Age

[Anonymous No.29358418]

FOREX?????
BUY RMB or CNY???
IM FREKING OUT
ITS OVER

[42 No.29358481]

>>29353809
>It requires that the attacker control a minimum of 21% of the hashrate
as of March 2020
as the profitability goes down and eventually all btc is mined and miners are rewarded solely from transaction fees, that threshold reduces

[Anonymous No.29358491]

>>29358387
>pic
>ATONIC LAUGH INTENSIFIES

[Anonymous No.29358517]

>>29347545
Anon is describing what is fictionalised in The Big Short. To put it simply there was a delay between when mortgage default rates began rising in the US and when the prices and ratings of MBSes began falling . One would assume that the former would immediately lead to the latter but it didn't, since the market for the latter was separate, and they were still being bought and sold at higher prices even as the underlying mortgages were failing.

[Anonymous No.29358699]

>>29338518
>CHICAGO
>BLACKS

[Anonymous No.29358748]

>>29338518

Her wife IS NOT a nigger.

[Anonymous No.29358799]

Guys remember I'm shit hits the fan scenario a 22lr is the best gun for the job. Extremely low cost of ammo, it doesn't obliterate small game, and it's FUCKING QUIET. It's been documented that 22lr rounds can kill moose. It'll also kill a person. 10/22 primary, 45acp secondary. Why 45aarp? Inherently subsonic round. Car oil filter suppressor.

[Anonymous No.29358886]

>>29358799
why are we educating these zoomer retards? They are going to be our competition when shtf. We shouldnt be telling these idiots anything

[Anonymous No.29358944]

>>29338641
IDIOT

[Anonymous No.29359280]

>>29358886
Couple reasons: Half of these schizos are probably prohibited from buying firearms anyways. Some of the autists on here are cool. Probably only 5 people will see this or care. But most importantly we need them to stock up on shit we would like to take from them

[Anonymous No.29359457]

>>29359280

[Anonymous No.29359933]

What is the net of the forces at play here?Will US equities deflate as pepole sell for foreign equities, realizing us stocks are overvalued and inflated, or will us equities inflate further as people our their cash into hard assets ?

[Anonymous No.29359981]

>>29359933
Also, it is even worth doing options in this kind of volatile scenario? Im kind of young, i havent lived through any crashes, it seems like whenever people try to do options in extreme times of volatility , they just get fucked. im guessing its a matter of impeccable timing?

[Anonymous No.29360049]

>>29340037
OMAGAD WE WUZ GENIUZ AND SHIEEEEET