I can't work out why ,Shares,Property ,used car values .Climbing

And then there’s this too


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Obviously an expert on FerrariChat said all those things would fall.

 

Poor Wes.

You guys pick on him too much.


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Money is bring printed up at such a massive pace, it has to go somewhere. With interest rates at zero percent, who wants to park excess cash?

A lot of people like quality hard assets, housing, shares etc.

As to bitcoin? Well there's a of crazy people out there too. When there's so much money sloshing around it's not surprising. All boats rise with the tide.

We've seen this in history plenty of times before. Just wait until the velocity of money picks up, then you'll start to really see some serious action (I'm talking about the I word).

 

this is what I think too. Combined with covid which is fueling an even bigger bubble. All IMO, of course.

 

my view is 20~30% market correction 2nd half this year, then 5~8% inflation in 2022. 8% or more unemployment in the US.

 

I have no idea what is driving prices up for housing, shares, cars, basketball cards, guitars, coins and everything else in-between.

It's quite frightening actually as to where people are getting money from to drive the prices of all this crap up.

The bubble is going to not only burst, it's going to ****en explode!

 

Bloody hell.

 

That's worked well in my favor

 

Yeah, I thought of you when I posted that

 

The best thing about it, I have not spent a single dollar on bitcoins. All mine have been mined over the last 9 years.

 

How's the car Steve?, I see a white 308 in the not so distant future

 

The problem is cashing out and not having the taxman get his grubby fingers on it.

Car is fine haven't had anytime lately was thinking of going to mountain high pies on Sunday to blow the dust off the car

 

inflation.
And
You can't fight the fed.
More inflation coming. Resi RE is going to continue to boom....

 

They are very nice pies

 

Well we know what comes with inflation.......higher interest rates.
What then????

Might be about time for that broken clock to be right??

 

What then???

I'll be buying those hocked F12s at auction for $50K that's what.

 

I charge 18%, but whatever.