Mr Bass has been vocal on geopolitical issues concerning China/CCP. He has gained considerable amount of respect from the educated HongKongers over the protest. HK money is looking for a way out. Be good to see your channel work with them. Elmer Yuen is a good liaison.
Finally! Somebody finally spoke about the merits of cash at this point in time. It would be good if the show could focus on when to use the cash to jump into great value stocks. The usual flogging of gold, silver & bonds is becoming boring & meaningless at this stage. It’s okay if you’re a bank, but pointless for smaller aspiring investors.
Any item you buy as a collector should be because of your own love and appreciation for the object itself, because it’s never worth more than anybody else will pay for it in at any specific point in time. Luxury watches has for a couple of years hiked, to the point where customers that got to buy a Rolex from authorized dealer could turn an instant profit of 100-400 % om certain models. Now they’ve taken a hit and people still call it a ”correction”, though it has only just begun. Turns out, a lot of the high priced deals taking place was just between second hand dealers rotating inventory. Regular people that bought thier watches with a credit card on speculation are struggling to sell and are being low balled by the same Second hand sellers that’ve been artificially hiking prices Stuff, reagrdless if it’s wine, whiskey, art, watches, movie memorabilia or cars - is just stuff. If you don’t need the money, fine. Buy it. But it should be the things you’re passionate about. That way you still have something you put a value on yourself even if others don’t.
Commercial banks have their smallest silver short positions and largest long positions since the bottom in 08… Great guest, don’t think he understands the metals market.
Most of the people I know who bought rural land/property in the last year overpaid and are now stuck with properties that don’t produce anything or as much as the running costs of property taxes, etc. Real estate is overvalued, along with development costs.
I've been considering renting my current single-family home where i reside, and living out of a RV locally, paying rent to live on someone else's land; I'd consider paying to install a septic, etc. on someone's land in lieu of rent for the first year or so, to make the deal appealing to a landlord. Anyone buying land near Denver, please consider this comment. thanks!
Real estate, like other assets, are in for a major correction. It’s a bad time to purchase any assets…stay in cash, and high dividend stocks, regardless of the possibility of opportunity cost.
@@psvishalgupta With FDIC insured banks you are federally insured for $250k per depositor. If you are married you can also have a joint account with another $250k covered in the same bank. If you do that with enough different banks you can cover a lot of cash.
@@brantrichardson1949 agreed but those with huge sums of deposits and those not in us like me do see things differently.. like in India you will only get 7k usd in case of bank failure.. although none of the scheduled banks have ever failed in India... the current financials of the world has raised concerns everywhere 😊
Kyle is so well spoken and smart and easy and great to listen to thanks Adam you are a excellent interviewer and interact with your guests so well. Our housing market here in New Zealand is tanking heavily at the moment and many individuals are underwater with I think the second highest individual debt to income ratio in the OECD. Too much leverage in our housing debt and too much liquidity was pumped out with interest rates at 2% most fixed for 1 to 3 years snd now coming off the fixed rates at 2 % and jumping up to 5 to 7 %. Our central bank put out warnings of too much leverage over the plandemic but no one listened as many went into FOMO now they must pay the piper with fast diminishing capital values and banks taking customers away from allowing interest only payments demanding customers to pay interest and principal. The pain is only starting to roll out. The greedy green eye monster took over many people I know despite me warning many.
Mike, I agree, I'm in "I Series Bonds, 3mth -2yr Treasuries, and 2.15% cash mgt for the short term. I do think that we will see a multiyear high inflation level that will drive prices up to levels that will reduce the 'value of US debts and ongoing deficit spending' purposely by the Fed. No mistakes made. One note, 'all cash is not created equal'. Remember, MM and Cash is an 'Unsecured Liability of your Bank' but Treasuries and short-term ETFs (Like SHY) are safe from the Dodd Frank Act of 2014 where upon the next financial crisis banks can Bail-In by taking depositor's cash to save themselves in exchange for bank stocks. The federal government plans to never bail-out banks again.
Nice summary - ‘commodities in short term maybe weakness due to recession pressures in China/Europe etc but long term super cycle…’ No hype no flogging paid subscriptions etc…Good sound guests and great well presented host - nice change from all the other ‘salesman/hype type’ investing utubers.
How many people can "pivot" into "owning rural land within 2 hour radiuses (sic) of major metropolitan statistical areas in the states where there is population migration moving at high single digits" as a "way to stay ahead of that inflation bogeyman or boogeyman"? I think a very small amount of the general public can do this. Get real.
The advice he gave is sound, sorry you can’t yet afford it. Don’t feel sorry for yourself though….if you spend less than you make, stay off of credit, pay off your debts monthly, you will eventually have the required funds. I should add it’s important to marry well also…
Personally I think the fed's plan is working and they're extremely happy with how it's turning out so far.. I believe that they will attempt a multi-year bear Market until valuations appear reasonable which they are extremely far from at this point
My recommendation for Kyle to protect against stagflation is to invest in China, or HK where he had been shorting since the beginning of time. Since he has something against China, Europe and the rest of the world, so his only investment options is Trump friendly assets, that is farmland and oil. I wonder if the only investor for his fund is himself.
The best long term asset is definitely physical silver!! And by long term I mean that within 500 years it will finally pay off. If I had to guess I would say that we’ll finally see $100 an ounce in the summer of 2478.
Buy rural, productive land, a couple of hours outside of cities, in States with inbound migration. Easy enough for a wealthy Texan, nearly impossible for the viewer....😢. Buy multinational corporations? Could you be more specific? Says that Gold won't protect purchasing power? I'm not sure this interview had anything actionable in-it.
I collect first edition sci-fi and have a few signed copies. Sci-fi hardcover books tend to be short / small runs before going to mass paperback or kindle versions.
Hey man! Thank you for the great contents As a feedback, although English is my second language, but sometimes I have to put the speed on 1.25 or even 1.5!
Several years ago Kyle Bass told everyone to bet against the Hong Kong Dollar as Hong Kong Real Estate was going to collapse due to massive debt in HK and that would lead to the break in the HKD / USD peg .I'm glad I ignored him .
I there is a lot of wishful thinking from people saying the Fed will pivot. They want the Fed to pivot because it's in their interest. It isn't really in the Fed's interest (i.e., its mandate), so I really don't think they're going to pivot any time soon.
Great show ! What I was wondering is wealthion says there is good value in gold miners but at the same time they say a trap door could open for equities ? Gold miners been dropping at already pretty amazing low level and gold is holding its stance pretty good . Is wealthion thinking gold miners could go much lower with the markets still ?
IMHO the Swift system will collapse along with western (US, EU, UK, JAPAN, Canada, Australia) economies as the world comes together around a basket of commodities/gold and new FX rates. The days of the Euro-Dollar world reserve currency system are coming to an end resulting in a more level playing field for all countries around the globe.
just some feedback, I don't watch most of these videos because when they're suggested to me and I see that they're over 40 minutes and typically nudging an hour, I simply dont bother. Possibly others feelt he same ? I would watch if things were kept down to 30 minutes max.
Maybe write part 1 and part 2 in the title. It’s good content but the way you split the videos up and don’t link to part 2 or write part 2 in the title is frustrating.
Read our new 'AdamsNotes' summary of the key takeaways from this interview with Kyle at wealthion.com/adamsnotes (and be sure to let us know what you think)
Good interview, I have to say that now is the time to be heavy weighted in gold. For him to say it's such a small percentage to me is careless. With all we know what going on in the USA and the chance of a war with China and other geopolitical risks ,doesn't sound correct to me
Not impressed with his CYA on nickels, either. He wasn't calling it a "teaching moment for his kids" when he was all over the place talking about them way back when.
So many got AMC wrong...APE + AMC = stock price. In looking at AMC alone it's misleading as the shorts took it in the shorts on the creation of a float that can not participate in with their phony shorts...
As I have been listening to all the experts prognosticating what is going on and what will be occurring over the next 6-24 months, it gets a bit confusing as to who will be correct and who will not. This makes investing a crap shoot and a guestimate-based analysis. Even the safe havens of real estate and hard assets as history has shown have been a great place to put your money, there are so many variables, the Ukraine War, Taiwan, Geo-politics, cryptocurrencies, energy needs, drought, water issues, climate change, etc. and one or a combination of these issues could change the playing field of what usually worked in the past that may not work in the future. We should all pray that countries would negotiate and come to the table to ease tensions for the sake of mankind and our existence.
Rural land?... "things you can do to enhance your income and revenue?" would like to hear more on that... how does land, within 2 hours of a metro area make you money?
I recently had been looking for an off-grid bug-out property that could double as a vacation home/hunting/fishing spot for my kids. I ended up finding 20 acres about an hour and 20 from my home on the outskirts of a city that recently has become synonymous with riots. What I noticed during my hunt was that the spread in cost between bare land and land with a home on it was a substantially more than it cost to build a home. Additionally, my acreage is getting hayed by a neighbor, which keeps it livable for me and minimizes fire risk; she feeds her cattle. If we get really severe food inflation, I have a lot of experience urban farming that I can put to use on the land. Perhaps there's something in that information you can use.
@@evegreenification yes, me too... but Kyle stated it's a way to enhance your income and revenue. I'm thinking that he misstated that... buying rural land is not going to make you money unless you're anticipating appreciation or farming/ranching... making the land work.
Kyle in 2012: I bought a ton of nickels and will sell them at $.10 scrap value and corner the market Kyle in 2022: ya the nickels were just a joke for my kids idk i dont even care ha ha
Wow, somebody dredged up Kyle Bass! The man hasn't been right about anything since 2007, Japanese debt implosion, collecting nickels, Chinese debt implosion. I used to watch him a lot during the GFC. Wikipedia article sums it all up here regarding Hayman Capital Management "By early 2019, Hayman had $423.6 million in discretionary assets under management, down from $2.3 billion at the end of 2014.[35]" He should have quit while he was ahead and bought a pro sports team in 2008. His speaking skills probably would have made him a better owner from the media and public relations point of view.
Kyles "rug pull" re: nickels....I watched him back then, all over the place and I never heard him describe what he was doing as an "education moment" for his kids. So, years later...I guess that's his out. As forTexas being a great place for families...certainly not for everyone, especially for minorities, DEFINITELY not for women and girls, and as a professional ex-teacher/librarian...pulling books off shelves due to pressure from political groups taking over school boards...these things are nothing to brag about. Perhaps, someday, if enough people move there the place will regain its heart and soul. Oh, and I see that so man crypto "miners" want to get onto the TX grid that there may be an issue there, although TPTB are assuring everybody that all is good....yeah, right.
Visit Kyle Bass' website: www.cem-tx.com/
@@dr.magnanimous8973 +1👍
@@hidongcucuk4756 “Even A Broken Clock Is Right Twice A Day”
@@hidongcucuk4756 lmk MN k
I'm not a fan of warmonger and anti-chinese Kyle Bass . This low IQ guy wants WW3
Kyle Bass has really lost it. Been on a losing streak with one of the worst performing funds. No one listens to this loser any more. He’s full of BS
Each time Mike is on as your guest analyst I’m impressed by his demeanor and analysis. Please have him back more often.
best investment advice: "If things go bad, i can always turn back and start drinking.."
Mr Bass has been vocal on geopolitical issues concerning China/CCP. He has gained considerable amount of respect from the educated HongKongers over the protest. HK money is looking for a way out. Be good to see your channel work with them. Elmer Yuen is a good liaison.
Finally! Somebody finally spoke about the merits of cash at this point in time. It would be good if the show could focus on when to use the cash to jump into great value stocks. The usual flogging of gold, silver & bonds is becoming boring & meaningless at this stage. It’s okay if you’re a bank, but pointless for smaller aspiring investors.
Thanks Adam, awesome guest in Kyle ! 👍💛
Any item you buy as a collector should be because of your own love and appreciation for the object itself, because it’s never worth more than anybody else will pay for it in at any specific point in time.
Luxury watches has for a couple of years hiked, to the point where customers that got to buy a Rolex from authorized dealer could turn an instant profit of 100-400 % om certain models.
Now they’ve taken a hit and people still call it a ”correction”, though it has only just begun.
Turns out, a lot of the high priced deals taking place was just between second hand dealers rotating inventory. Regular people that bought thier watches with a credit card on speculation are struggling to sell and are being low balled by the same Second hand sellers that’ve been artificially hiking prices
Stuff, reagrdless if it’s wine, whiskey, art, watches, movie memorabilia or cars - is just stuff.
If you don’t need the money, fine. Buy it. But it should be the things you’re passionate about. That way you still have something you put a value on yourself even if others don’t.
One of your best guests ever Adam. Thanks Wealthion and Kyle. The advice given is priceless.
Hard assets ASAP guys 🥈🏅🥈🏅😀👍
"marginal gold crowd became the crypto crowd"? what about central banks increasing their gold positions?
Commercial banks have their smallest silver short positions and largest long positions since the bottom in 08…
Great guest, don’t think he understands the metals market.
Rural areas outside of cities in high growth areas TX & FL are exactly when many are thinking. Thanks
Great interview. Thanks again, Adam, Kyle, and Mike!
Most of the people I know who bought rural land/property in the last year overpaid and are now stuck with properties that don’t produce anything or as much as the running costs of property taxes, etc. Real estate is overvalued, along with development costs.
One of those interviews when you find yourself staring at nothing in particular!!!
Thankyou Adam Thankyou Kyle. 👍👍👍👍👍
Two guys that I find amazingly brilliant Kyle bass and Jim chanos ! Great show
Great interviews. Nice valuable insights here. Happy to subscribe.
I've been considering renting my current single-family home where i reside, and living out of a RV locally, paying rent to live on someone else's land; I'd consider paying to install a septic, etc. on someone's land in lieu of rent for the first year or so, to make the deal appealing to a landlord. Anyone buying land near Denver, please consider this comment. thanks!
I have a project idea along these lines
The whiskey bottles on the wall caught my immediate attention
Decorative or not, a nice touch.
Real estate, like other assets, are in for a major correction. It’s a bad time to purchase any assets…stay in cash, and high dividend stocks, regardless of the possibility of opportunity cost.
But is there any possibility of banks failing in future like in 2008 and if so, isn't any cash in bank also pose a risk?
@@psvishalgupta Agreed. Valid concern.
@@psvishalgupta With FDIC insured banks you are federally insured for $250k per depositor. If you are married you can also have a joint account with another $250k covered in the same bank. If you do that with enough different banks you can cover a lot of cash.
That was assuming you are in the USA.
@@brantrichardson1949 agreed but those with huge sums of deposits and those not in us like me do see things differently.. like in India you will only get 7k usd in case of bank failure.. although none of the scheduled banks have ever failed in India... the current financials of the world has raised concerns everywhere 😊
Great Guest as usual Adam and great job as usual as well. Thank you!
Those whisky bottles in the background might just be the best investment ever. At least you might get to enjoy it.
Kyle is so well spoken and smart and easy and great to listen to thanks Adam you are a excellent interviewer and interact with your guests so well. Our housing market here in New Zealand is tanking heavily at the moment and many individuals are underwater with I think the second highest individual debt to income ratio in the OECD.
Too much leverage in our housing debt and too much liquidity was pumped out with interest rates at 2% most fixed for 1 to 3 years snd now coming off the fixed rates at 2 % and jumping up to 5 to 7 %. Our central bank put out warnings of too much leverage over the plandemic but no one listened as many went into FOMO now they must pay the piper with fast diminishing capital values and banks taking customers away from allowing interest only payments demanding customers to pay interest and principal. The pain is only starting to roll out. The greedy green eye monster took over many people I know despite me warning many.
Mike, I agree, I'm in "I Series Bonds, 3mth -2yr Treasuries, and 2.15% cash mgt for the short term. I do think that we will see a multiyear high inflation level that will drive prices up to levels that will reduce the 'value of US debts and ongoing deficit spending' purposely by the Fed. No mistakes made. One note, 'all cash is not created equal'. Remember, MM and Cash is an 'Unsecured Liability of your Bank' but Treasuries and short-term ETFs (Like SHY) are safe from the Dodd Frank Act of 2014 where upon the next financial crisis banks can Bail-In by taking depositor's cash to save themselves in exchange for bank stocks. The federal government plans to never bail-out banks again.
Great info. Thanks
Nice summary - ‘commodities in short term maybe weakness due to recession pressures in China/Europe etc but long term super cycle…’ No hype no flogging paid subscriptions etc…Good sound guests and great well presented host - nice change from all the other ‘salesman/hype type’ investing utubers.
How many people can "pivot" into "owning rural land within 2 hour radiuses (sic) of major metropolitan statistical areas in the states where there is population migration moving at high single digits" as a "way to stay ahead of that inflation bogeyman or boogeyman"? I think a very small amount of the general public can do this. Get real.
That’s the audience of this program. Obviously. I’ve been on rural land 90 minutes to a metro since 2016.
The advice he gave is sound, sorry you can’t yet afford it. Don’t feel sorry for yourself though….if you spend less than you make, stay off of credit, pay off your debts monthly, you will eventually have the required funds. I should add it’s important to marry well also…
Personally I think the fed's plan is working and they're extremely happy with how it's turning out so far.. I believe that they will attempt a multi-year bear Market until valuations appear reasonable which they are extremely far from at this point
Thanks a lot for sharing valuable insights by bringing such a knowledge person.
How can someone have so many convictions about so many things... Hint: read Howard Marks - The Illusion of knowledge...
Great interview. Also like Mike/John’s take at the end with Adam. It’s calming with so much high freq market noise everywhere.
conference line up is excellent
My recommendation for Kyle to protect against stagflation is to invest in China, or HK where he had been shorting since the beginning of time. Since he has something against China, Europe and the rest of the world, so his only investment options is Trump friendly assets, that is farmland and oil. I wonder if the only investor for his fund is himself.
The Ibond video and the Treasury Vs Ibond video was great.
The best long term asset is definitely physical silver!! And by long term I mean that within 500 years it will finally pay off. If I had to guess I would say that we’ll finally see $100 an ounce in the summer of 2478.
LOL And the premium will be $300/oz.!!
It’s amazing that it’s used in medical, solar, etc. yet remains low. 🤷🏼♂️
Sorry, don’t agree. If you’re lacking food stock & security it’s amazing how cheap silver becomes in trading circles.
Gold became crypto became… a NASDEC stock 😮
“Mike takeaways” brilliant. Love it!!
I'm all in in stocks, down -0.74, been in it for a year
Honest genius, so respectable! Thx
Salute And Cheers To All Stackers
Buy rural, productive land, a couple of hours outside of cities, in States with inbound migration. Easy enough for a wealthy Texan, nearly impossible for the viewer....😢. Buy multinational corporations? Could you be more specific? Says that Gold won't protect purchasing power? I'm not sure this interview had anything actionable in-it.
There has never been a direct war between two nuclear powers. There is a reason for that.
I collect first edition sci-fi and have a few signed copies. Sci-fi hardcover books tend to be short / small runs before going to mass paperback or kindle versions.
Hey man! Thank you for the great contents As a feedback, although English is my second language, but sometimes I have to put
the speed on 1.25 or even 1.5!
Let’s let people be themselves 😃
@@maplenook You're right! When you like somebody, expectation goes too far!
Several years ago Kyle Bass told everyone to bet against the Hong Kong Dollar as Hong Kong Real Estate was going to collapse due to massive debt in HK and that would lead to the break in the HKD / USD peg .I'm glad I ignored him .
Why wouldn't they continue raising rates? What about they might break the credit market?
Would love a Roaul Pal interview 👍
The nickels are the best idea in history. I don't know why he's dismissing it
I there is a lot of wishful thinking from people saying the Fed will pivot. They want the Fed to pivot because it's in their interest. It isn't really in the Fed's interest (i.e., its mandate), so I really don't think they're going to pivot any time soon.
I like PDBC etf for commodity exposure.
Amazing line-up Adam!
Collecting whisky to never drink is insane (but relatively harmless)
Great stuff!
Still watching Frank G Melbourne Australia 🇦🇺 ❤️
Great show !
What I was wondering is wealthion says there is good value in gold miners but at the same time they say a trap door could open for equities ?
Gold miners been dropping at already pretty amazing low level and gold is holding its stance pretty good .
Is wealthion thinking gold miners could go much lower with the markets still ?
You didn't ask about the HK dollar peg. Lost opportunity! Nonetheless, a good one
IMHO the Swift system will collapse along with western (US, EU, UK, JAPAN, Canada, Australia) economies as the world comes together around a basket of commodities/gold and new FX rates. The days of the Euro-Dollar world reserve currency system are coming to an end resulting in a more level playing field for all countries around the globe.
Agree and Kyle has no idea of what he's talking about
Do you expect the large oil producers to pull back in price also?
Damn Adam, your show is incredible.
I do first edition books too! (And I sell a lot of them too.)
just some feedback, I don't watch most of these videos because when they're suggested to me and I see that they're over 40 minutes and typically nudging an hour, I simply dont bother. Possibly others feelt he same ? I would watch if things were kept down to 30 minutes max.
Maybe write part 1 and part 2 in the title. It’s good content but the way you split the videos up and don’t link to part 2 or write part 2 in the title is frustrating.
So, should I stop making my 15% contributions to my 401 and 457 at work and just save my cash??
When is Dave hunter coming back on?
Wealthion 🥇🥇🥇
Great interview but in spite of what his views are, instead of cash I'd rather put my money invested in Gold and Swiss Frank.
In the market today, Pavlov’s Dog did not get the treat that was expected…
Kyle seems like a super nice guy.
Read our new 'AdamsNotes' summary of the key takeaways from this interview with Kyle at wealthion.com/adamsnotes (and be sure to let us know what you think)
I’ve never seen Powell this hawkish 😳
He said he’s not going to make the 1970’s mistake which led to 15 years of inflation. He’s on a mission.
Great show
Good interview, I have to say that now is the time to be heavy weighted in gold. For him to say it's such a small percentage to me is careless. With all we know what going on in the USA and the chance of a war with China and other geopolitical risks ,doesn't sound correct to me
Not impressed with his CYA on nickels, either. He wasn't calling it a "teaching moment for his kids" when he was all over the place talking about them way back when.
At some point in all these videos somebody says BUY GOLD! Thankfully, nobody seems to have mentioned BUY SILVER!
Think silver will continue to underperform?
So many got AMC wrong...APE + AMC = stock price. In looking at AMC alone it's misleading as the shorts took it in the shorts on the creation of a float that can not participate in with their phony shorts...
Can Canadians buy I-Bonds or must you be a US citizen?
You must have a US Social Security number to buy I-bonds
IMO the markets have held up is because the big funds have not dumped.
Kyle Bass! nuff said.
As I have been listening to all the experts prognosticating what is going on and what will be occurring over the next 6-24 months, it gets a bit confusing as to who will be correct and who will not. This makes investing a crap shoot and a guestimate-based analysis. Even the safe havens of real estate and hard assets as history has shown have been a great place to put your money, there are so many variables, the Ukraine War, Taiwan, Geo-politics, cryptocurrencies, energy needs, drought, water issues, climate change, etc. and one or a combination of these issues could change the playing field of what usually worked in the past that may not work in the future. We should all pray that countries would negotiate and come to the table to ease tensions for the sake of mankind and our existence.
I love the nickel bet! :-)
Numbers are so manipulated
Fantastic 👍👍👍
Brilliant, Thank you guys!!
Rural land?... "things you can do to enhance your income and revenue?" would like to hear more on that... how does land, within 2 hours of a metro area make you money?
I recently had been looking for an off-grid bug-out property that could double as a vacation home/hunting/fishing spot for my kids. I ended up finding 20 acres about an hour and 20 from my home on the outskirts of a city that recently has become synonymous with riots. What I noticed during my hunt was that the spread in cost between bare land and land with a home on it was a substantially more than it cost to build a home. Additionally, my acreage is getting hayed by a neighbor, which keeps it livable for me and minimizes fire risk; she feeds her cattle. If we get really severe food inflation, I have a lot of experience urban farming that I can put to use on the land. Perhaps there's something in that information you can use.
@@evegreenification yes, me too... but Kyle stated it's a way to enhance your income and revenue. I'm thinking that he misstated that... buying rural land is not going to make you money unless you're anticipating appreciation or farming/ranching... making the land work.
Good question; the guy running the 'rural vacant land' website has been looking into how to make money from unimproved land outside metro areas. 🤔
My place has doubled since 2016 and bonus I raise all my own food and have awesome sane neighbors
Kyle needs a new interior decorator. He's got plenty to do it with.
Instead of wasting time watching bass, I spent the first 15:30 eating my sea bass breakfast (yummy) just in time to catch Mike Preston!
Our country and others are starving for energy.
I've been collecting older pennies and nickles for their metal value.
Same with silver containing dimes, quarters, and more.
⭐️⭐️⭐️⭐️⭐️thank you
teaching moments are important
Kyle in 2012: I bought a ton of nickels and will sell them at $.10 scrap value and corner the market
Kyle in 2022: ya the nickels were just a joke for my kids idk i dont even care ha ha
Always enjoy listening to Kyle Bass. Insightful common sense.
Gold crowd is now BITCOIN CROWD.
According to Kyle, gold is mehhh.
Check out authors of Bitcoin like Vijay Boyapati. Safeuddin Ammous. Nik Bhatia. Do interview them
Bass. (Don’t buy metals).
Me. Buying a shit loads of metals
Wow, somebody dredged up Kyle Bass! The man hasn't been right about anything since 2007, Japanese debt implosion, collecting nickels, Chinese debt implosion. I used to watch him a lot during the GFC. Wikipedia article sums it all up here regarding Hayman Capital Management "By early 2019, Hayman had $423.6 million in discretionary assets under management, down from $2.3 billion at the end of 2014.[35]" He should have quit while he was ahead and bought a pro sports team in 2008. His speaking skills probably would have made him a better owner from the media and public relations point of view.
Damn reality checked
28th, 26 August 2022
Kyles "rug pull" re: nickels....I watched him back then, all over the place and I never heard him describe what he was doing as an "education moment" for his kids. So, years later...I guess that's his out. As forTexas being a great place for families...certainly not for everyone, especially for minorities, DEFINITELY not for women and girls, and as a professional ex-teacher/librarian...pulling books off shelves due to pressure from political groups taking over school boards...these things are nothing to brag about. Perhaps, someday, if enough people move there the place will regain its heart and soul. Oh, and I see that so man crypto "miners" want to get onto the TX grid that there may be an issue there, although TPTB are assuring everybody that all is good....yeah, right.
That was an absurd excuse. LOL
By all means head back to Cali!
👍💛
Kyle Bass’s historical calls on Japanese debt are hall of fame bad
"chip wars" what a waste of resources.........so sad!!!!!!!!!!! Economic depression in the worlds future
Catie bar the door? Who is she and what chance does she have barring the door against nuclear Armageddon?
OK . Get ahead of the boomer death trend. Buy a.....? Fumeral home? Cemetery plots??