Just a couple of charts to kick off the day, which I suspect will be the capper to a fantastic week. First of all, crude oil is behaving itself beautifully, with my bearish energy bets fully loaded.
CL & CZ
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Coinbase Trash
Poor CZ
Now that Samuel Bankman-Fried’s chubby white ass is in jail, none other than Jim Cramer (who gets paid $5 million per year to offer the worst investment advice in the universe) has come out as a fan for his arch-rival CZ (if you have to ask, you’re way behind the times):
Silvergate: Crypto Bank Garbage
Anything that SBF touched turned to crap.
Man Boobs in Cuffs
I realize the CPI is all that matters, but until it’s out and the market has had some time to digest it (or vomit it, depending on what side you’re on) there’s no point in saying anything. So I’ll simply offer a brief celebration that SBF is under arrest.
You see, what bugged me about this whole thing is how almost every single person said the same damned thing, which was in essence: “He donated tens of millions to the politicians, so he’ll never be prosecuted. He’s going to get off scot-free.‘ See, people love to say this kind of thing. It makes them sound sophisticated and worldly, and they just shake their heads at anyone who doesn’t agree with them as being naïve. It’s sort of why people get into conspiracy theories. It feels esoteric and so above-it-all.
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