I call it outrage marketing. I twerk, talk about my pp and spent about $20M on luxury stuff just for flex value. I bought the world's largest diamond, $10M of watches and $3M of cars. People hate it and keep watching. I wish that people cared at all about the $27M I raised for charity. They do not.
The Great Finance/Startup/Stock/Housing/Everything Grift May Be Unwinding. They will bottom, then all wind up again. The same structure will generate the same outputs again and again.
Yes, I am. I called the top on roughly the day over a year ago. You'll be mad about this part though. It will find a bottom. I will buy that bottom. And it will make new all time highs. Then a few years after, you can post your anger / relief thread cycle again. It keeps oscillating higher and higher. There's some real innovation hidden in the mess, and it still truly is the best performing asset class that has ever existed in history. BTW, everything is crashing, so hopefully you don't own any of those things, or someone else's post about being happy the things you owned crashing might seem crass to you right? lol.
Well, I hate to break it to you buddy, but gold is a horrible asset. Gold is cheaper nowt than 10 years ago. Yes the trash, USD has beaten it. Yes, I know, I have $9,000,000 of wrist watches made of it. But they appreciate because of their non commodity value. Now compare to tech stocks bought 10 years ago on average.
P.S. I called the Bitcoin top roughly on the day, in 2017 and in this cycle. Happy to provide the proof if you doubt it.