Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: IC720 who wrote (1433859)	1/17/2024 8:56:52 AM
From: Eric	Read Replies (1) \| Respond to of 1572932

Texas is on the verge of having another power grid failure of the ERCOT system. Around 11,000 Texans experienced power outages on Monday. In 2021, a winter storm devastated the state, millions lost power, and hundreds lost their lives, causing state leaders to move further from renewables. Governor Abbott blamed solar and wind energy reliance for thrusting the state into a lethal situation, and called the Green New Deal “a deadly deal for the United States of America. Totally clueless.. What caused the Texas blackouts in 2021 was fossil fueled generators failing! They crashed because of freeze ups of poorly designed systems. Fuel supply interruptions, feed water pipes freezing up because they were not insulated. NG supply valves freezing up... On and on and on. Yet solar and wind turbines kept operating until a number of transmission lines failed due to accumulated ice loads. Power doesn't move if they go down. My Tesla worked just fine driving thru North Dakota at this time of year. -20F at the time on the way back to Seattle a couple years ago.

To: IC720 who wrote (1433859)	1/17/2024 9:04:01 AM
From: IC720	1 Recommendation Recommended By longz Respond to of 1572932

Edit: forgot the part of previous 25yrs of those from the left accusing the Right where by the left are guilty ones committing. So who's the con here?

To: IC720 who wrote (1433859)	1/17/2024 11:10:36 AM
From: Qone0	Read Replies (1) \| Respond to of 1572932

>> You must not deal in markets much.<< That's hilarious. >> Might learn after few years of trading, it's not a 100%<< The best traders are 80% Anyone claiming to be a guru is 50% a flip of a coin. >>Why do many traders lose everything? Could it be The Market always goes to EXTREME?<< Lack of a edge and lack of stop loss discipline. >> Safer to invest long term?<< Nope, that's a way to make the least amount of money. All stocks are shit every one. There are trading points and time frames. Nothing else. If you had bought the S&P 500 at the 2008 low and held it until now. You would have made less than a point a day. >> Any half witted un-indoctrinated wanna be trader knows any forecast can change in a few weeks.<< Why are you defending a forecaster that makes long term predictions then? His oil call blew up has he changed it? Any other recent calls? I asked you this before and you are afraid to post them. Have they blown up also? >> Armstrong (computer) called in 2013 Ukraine would be start of WW3, with the War Cycle beginning 2023/4 << World war 3 is not going to happen, How long does he get until he wrong on this also? >> I think you know he's not a con. Typical lazy lib afraid to admit he's been wrong.<< He admitted to being a con, he plead guilty. Was convicted. I showed you. Lost so much money trading other peoples money he had to turn it into a Ponzi. >> He's shown since 1985 computer forecasts have been 100% correct Long Term.<< This is false, and you know it. been 20 years since his gold 5K call. >> And he's correct if ya take the time. Prior to 2000, had 2 offers of $500 million for computer code. And gee after refusing Cia offer and Hillary wanting $10 billion/forecasting rise and fall of empires nations... to prison he goes..<< His scam was in Japan, In 1999, Japanese fraud investigators accused Armstrong of collecting money from Japanese investors, improperly commingling these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading. [13] United States prosecutors called it a three-billion-dollar Ponzi scheme. [14] Allegedly assisting Armstrong in his scheme was the Republic New York Corporation, which produced false account statements to reassure Armstrong's investors. In 2001, the bank agreed to pay US$606 million as restitution for its part in the scandal. [14]