ALL IN LONG

There are times to be timid and cower in the shower, afraid of shadows and losses. And then there are times like this when we cavort inside the market place and take what is rightfully ours. This is one of those occasions, with the wall of worry removed and the bullish fervor peaking into the elections.

What happens after the elections are beyond our control. But from now until then we have a window of opportunity and with that I intend to take what is rightfully mine.

I am extending my gains to another RECOURD HIGH today, +85bps, heavily long a sundry of names in various fields and areas of interest. At my core, I am a Bitcoin man, always have been and always will be. Largely speaking, I believe the paper from which you purchase toilet paper and/or grease for your cars is worthless. You can see it in your transactions. The price of your home isn’t really +100% since 2019; but the buying power of your shitty dollars have collapsed. When you start to understand the velocity of money and how we are all subjugated by the devaluation of it, you realize the only way to stem that tide is via investment.

Naturally, there are periods of duress to contend with and deflationary scares, whereby investment banks lose a great deal of money and those losses manifest themselves vis a vie the general flow of capital. But when was the last time investment banks lost money and when was the last time stocks went down for a period longer than a year?

2022 is the reason why you should always be mindful of pullback, the year when Russia first invaded Ukraine. It was important because markets priced in the potential loss of prestige and power by the west, particularly America. Should that day ever come, we will have a bear market in earnest. But until then, up we go.