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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (144333)	11/27/2018 7:16:35 PM
From: Maurice Winn	1 Recommendation Recommended By dvdw© Read Replies (4) \| Respond to of 220168

That looks not much different from a bitcoin mining operation = much capital and very much energy input required. Fortunately, the price of oil for dirty great trucks to climb out of dirty great mines has dropped a lot so the cost of producing oil has dropped and so therefore can the price of gold in the meantime while interest rates are being increased in a vain attempt to hold the line on financial relativity theory and acceleration of money velocity to the speed of light and the consequent exponentially parabolic increase in monetary mass and therefore more monetary energy input requirement to asymptotic $1 trillion Zimbabwe style banknotes. A cusp! Cusps in human affairs are not normally a lot of fun - for most people anyway as changing direction on a dime which has shrunk to nothing is impossible. As seen on tv, recycling old gold explorations is very popular. It still looks like digging moai out of the quarry on Easter Island. It's done enthusiastically with great effort for what looks like good ideas at the time. But pretty soon it's obsolete. Gold mining looks like that too. But while surrounded by cave men, who are generally stupid, prone to violence without notice, and likely to destroy their means of survival through envy, and chimpoid tendencies, I can see the attraction to getting gold which hopefully can carry one through the dark interregnum of cusping. Meanwhile, in modern financial relativity theory instead of stone age gold excavation, I covered my AAPL [Apple] short for a nice 20% financial improvement. Admittedly the profits are just pixels in Cyberspace, subject to kleptocracy by Big Brother at any time by a simple click of their mouse. Gold coins buried under my house would be more difficult for them to steal. Tesla short still in place having missed a big opportunity to cover. There will be another one because oil is much cheaper than not long ago and cheap oil is bad for Tesla which depends on free electricity, free roads, preferential parking and car-buying tax incentives and expensive petrol and diesel. Not to mention any number of Tesla competitors who know what they are doing and who have big automotive market shares and wherewithal already. It doesn't seem that Tesla has a big lead, or any lead, in autonomous car operation. Google seems to be up with them and I guess others are doing okay too. So Tesla seems to be just another car company. Mqurice