no, just get a steam deck

i would be

it doesnt need to be effective, the whole goal of our entire MIC is shifting tax $'s into the pockets of contractors, and the officers (and members of congress) they have paid off, just like damn near every other facet of our economy/government.

yes…obviously both are a part of cycle.

for me, establishment means they do atleast want keep this fucked up game of theirs somewhat sustainable. in that sense, trump and co. are not establishment.

trump was establishment, but now he’s a braindead parot repeating the last thing he’s heard

I dont know there, US cemented itself as center of world trade/finance specifically so it could have as kuch reach as possible.

got to talk to an actual financial advisor for that kind question, a proper one who is legally obligated to work in your best interesr.

but, my first guess would be to look at what orher countries/big foreign interests are doing. ones selling off all their US bonds and whatnot, clearly trying to get out from under USA’s schizophrenic thumb. but i’m still very new to this whole thing

lol, depending on when you moved it to gold then your probably up a bunch now.

really, at the end of the day you jusy gotta do what you believe is the best move. that’s the only way you’ll be comfortable enough to not panic sell

personally, if i had a half a million mestegg right now and wanted to keep it safe…gold probably is one of the safer places to stash it. just make sure you have enough cash lying around to be able to pay whatever bills/debts you have during an extended economic downturn. as when that does come…gold will also plummet eventually, but it normally recovers faster because so many people/governments around the world buy so much of it.

the main thing is to not trade/move your money emotionally, dont panic sell or buy cause of a fear of missing out. these greedy assholes want you to do that, thats the whole reason they fuck with shit like this. it’s a sick game to these people. you got to have rules, a plan for scenarios like this one (don’t have everything in US companies, for example), and most importantly have the discpline stick to them.

unless whatever “gold” you bought into actually delivered you physical gold or pays out a dividend…it’s probably being played the same as everything else, thats the whole point of a bubble.

bonds are a whole other beast, as bonds whole point is to act as a safe secure longterm investment…when the wolves run the show…their whole goal is making everything unsafe. they’re trying to “shake people out”

hence, mass devaluation of USD, ontop of out of control inflation (being hidden in crypto), and undermining any and all sources reliability like say…replacing heads of various “independent” federal agencies meant to report on the economy (and mass firings in those orgs). and of course…that ol’ sovereign debt crisis that pops up every 3-6 months.

if your goal is keeping your nestegg safe, nothing connected to the US economy/USD is safe until the wolves are gone. but overall…you can just follow buffets advice, put your $ in stuff you know and don’t mind holding a long time.

if you already sold your stocks…i’d look over everything you sold and see where it stands now, buying back might still a good deal. hell maybe it dropped since and you get a discount, who knows.

they’re playing a dangerous game…if they (the people behind trump) forget rule 1, they arent the oldest players and that means they definitely don’t have the lowest cost basis. they fuck over or steal from the wrong people too many times and eventually they will get wiped out themselves (though forcing institutions to start offering and by extension buying crytpo, because they have hedge…smart move…)

eh, skipped nihilistic dead end. went to Sartre

haven’t read much philosophy since though

Reminiscences of a Stock Operator

no, at this point Trump is a braindead puppet for whoever has his ear last.

The likes of Shumer and McConnel are the establishment.

Carter with Rockefeller’s congress, during the last (long) Dem super-majority…proceeded to tie the american pension system into the casino. acting as a regular wave of bagholding liquidity pumps.

Obama, during that short super-majority, passed Romneycare…a blank check for pharma and healthcare corporations to ratfuck public funds.

and of course while all that happens they’re all insider trading the whole time too, the greedy fucks

that is the establishment

obviously republicans are worse, but in a way they’re better…cause atleast you know they’re pieces of shit. meanwhile the dem side preaches Hope and Change to the public while reassuring their donors the status quo will be maintained

it’s fucking insidious

idfk, just a book that (in my eyes, considering it’s age and how well it still applies to today) showed beyond any shadow of a doubt the whole thing really is bullshit.

moreso than any movie/drama saying the same thing which I’d probably seen a dozen times over the years, a dusty century old book laying it all out there removed any doubt whatsoever for me. especially when cross-examined to peculiar differences I noticed comparing US financial markets to others around the world (which generally favor stability), and who ultimately benefits most from those peculiarities.

which ultimately means that it isnt gambling/speculation…if you utilize proper risk management and know (all of) the rules to whatever imaginary line your betting on, whose moving what, what they want, and how you best make $ off their $

until, eventually, your port is large enough that your the one actually moving things. at which point certain strategies just don’t scale up as well as others (recall seeing a Buffet interview saying as much to some reporter).

Just…idk…the flippant way these motherfuckers fuck with the economy, all to just make their lines go up. and how deeply entwined that is/has been with the US government, going back a good…100-125 years atleast. like how government farming subsidies have been used to rig various agricultural futures markets…with the food just being destroyed anyway after uncle sam pays for it, all to “keep prices stable” while americans are starving.

extrapolate this out to all the other shit we’ve turned into speculation, like the homeless crisis and housing speculation. various drug/healthcare problems and our fucked up healthcare/pharma industry, all sorts of appalling health/safety regulations, nonexistent labor protections etc. etc.

and behind every single one of those issues…ultimately just some greedy motherfucker trying to make their lines up go

shit is fucked

i’m not completely batshit crazy, I dont really believe (yet) that there is some uninterrupted conspiracy chain going all the way back to fucking moses or something, just that we’ve seemingly built our economy around one generation of psychopaths breeding another to replace themselves, in some fucked up game of fake-oneupmanship.

and all thats before you take into consideration Trump and Co. (and more stressful to me, the fundamentalists behind them, which got Nixon, Reagan, both Bush’s elected…they’ve been very successful in establishing the christofacist paradise they want so badly, these last couple decades. there is a direct line of connection between the people behind the Moral/Silent Majority shit and P2025)

basically just that shits fucked, and it aint no accident/coincidence.

others on here have expanded on it, some clearer than I was expecting given what I posted so i guess it really is true, more or less.

i know, have started that process too recently. I’m just not used to feeling things so strongly i guess, and really don’t have anywhere else to turn to at this specific moment.

ph yeah, I’m not worried about $ anymore…I think that’s part of why this all came together for me tbh.

been messing with that actively for last year/year and half, very conservatively, and someone finally took pity on me I guess, and let me on the open-secret about the various speculation markets we monkeys seem so fascinated in.

I proceeded to make more in the last 2 months than I could working my day job for entire year (not counting OT), not worrying about bills/rent frees up a lot of thought-time I guess…and this wasnt some “first ones free” luck shit either, 100% certain of the outcome (well 99%, with hedge for if line turned against me)

to keep is simple, as I don’t know just how much you know (and I’m still very new myself tbh)

it’s all purposefully complicated with obscure rules and exceptions, all specifically meant to trip up new “players”, breaking some in the wrong way can land you in prison, while a slight variation might be perfectly fine.

what helped me the most is understanding just how truly rigged the whole thing is, and what helped the most there was a book called Reminiscences of a Stock Operator, everything in it applies frighteningly well to modern day markets even though it was written over 100 years ago.

the biggest most important lesson is…look at everything like a scam designed specifically to extract as much $ from you as possible (which, is especially in low overall-trading volume levels like now, is 100% true. that’s fundamentally what bubbles are, people deliberately running the price of stocks up). it’s a zero-sum game, in order for you to gain someone else has to lose.

whether that’s bonds, stocks, futures, whatever.

but…there are 2 very fundamental rules that always reassert themselves eventually.

1. the true value of the underlying security, and if a company doesnt pay out a dividend…that means it’s stock is functionally worthless

2. the line MUST go up/down eventually

the more of a disconnect between those 2 things there is, the more someone who knows 1 can take advantage of someone who only thinks in terms 2.

and the best way to do that (for plebs atleast) is…exercising stock-options. the US market, contrary to…literally every other market on earth, has this little rule that allows you to exercise options early.

so for example, say someone sells you a put option on SPY 3 years out, strike…780. right now that’d cost about 12,500/contract to buy. if you bought that and SPY dropped under 655 anytime in the next 3 years…you could exercise it immediately for a profit.

right now spy is 658…a 3 point drop between now and 3 years out…that’s practically guaranteed. free $.

but when someone executes those contracts on you, if you don’t have the underlying, 1 of 2 things happens…you start paying your broker interest to borrow the underlying (at an ever increasing rate) or they forcibly close your position, which if your over-leveraged enough means…you get liquidated.

the issue is though, in a bubble, when everything is overvalued…how to do you safely play the casino without owning the underlying?

idk about that, made them more confident…sure. but look at all these local/state elections, flipping seats that have been solidly/establishment-D for decades to independents/progressives.

people are turning out in record numbers to vote for independents/progs would suggest that the “Left” in america isnt dead…maybe they’ve just been demoralized from decades of disappointment and Trump and Co. was the wakeup call they needed

not trying to dismiss your concern, things are bad and they are probably only going to get worse for the forseeable furure…but…giving up is exactly is the first/biggest move these psychopaths have, it’s a truly insidious system we’ve managed to imprison ourselves in…

i’m doing my part to accelerate this collapse, by taking whatever liquidity i can out of the system for myself. have extracted my yearly salary in just the last 2 month alone, just by buying calls and puts (practically zero risk, i don’t dare short stuff when everything is so massively overpriced)

soonwe i am 100% financially independent the sooner i can dedicate 100% of my time to undermining this abomination we have created in the states

my plan is to spam the overloving shit out of affordable, high quality, high density housing anywhere and everywhere i can (forcefully urbanizing this country, and undermining all rent-seeking parasites)

idk, Trump has done more to mobilize the left these last couple cycles than the last…30 years.

good business just backs both sides, hence why media like Time will release editions with “conservative”/democrat leaning cover-arts, for specific parts of the country.

anything and everything to keep people inside their bubbles

I wonder if this line would work to console the families of the people his gestapo have already black bagged off the street