S&P sets records

Well, here is what tends to happen with gold.

I have deliberately chosen a market peak as a starting point, (1 below)
1) Beginning from an artificially-chosen starting point, a market peak. Gold and the stock market are “equal.”
2) Because the stock market is over-priced, investors sense it, they begin to sell stock and buy gold (a safe have, both from market crash and from inflation.) Self-fulfilling prophecy or not, the market falls and gold rises.
3,) Normalcy returns. Stockmarket moves up, gold moves sideways or down
4, 5 and 6) Eventually the market is peaking again, shows\ing signs of being over-priced and gold and the market move m/l in tandem. (there can be false alarms & timing is difficult, but this is a sign to sell stock and buy gold.)


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So for the past 14 mos, gold and stocks have been moving in perfect tandem, and silver is beating both of them.

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Silver’s performance in the last year reminds me of the Hunt brothers fiasco.

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I think silver is used in circuit boards
I don’t think gold is used in any practical product - that may have something to do with it…

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Yeah, I’d say there are 493 anemic stocks and a few big winners.
Nvidia is one of them.

I doubt that there is any new demand for silver solder. Circuit boards are not a new development.

Gold has scores of practical uses … including use in circuit boards. It’s a better conductor than silver and it is not as brittle and it does not oxidize.

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Yeah, they do some pretty cool stuff no one else can do.
Ya see this picture?
image

Your computer probably has the white one. (mine does)
It offers transfer speeds up to 480 megabits per second (Mbps), which is 0.00048 terabytes per second (TB/s).

The blue one offers transfer speeds up to 10 gigabits per second (Gbps), which is 0.01 terabytes per second (TB/s).

Nvidia’s Blackwell chip allows for data transfer rates of about 10 terabytes per second (TB/s)

USB 2.0 (white) — 0.00048 terabytes per second (TB/s).
USB 3.1 (blue) — 0.01 terabytes per second (TB/s). (200 times faster than the white one)
Blackwell chip — 10 terabytes per second (TB/s) (1,000 times faster than the blue one.)

Yeah, think abut 1 mph vs 200,000 mph.
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Oh,
and it does it all using a silcon chip made by Taiwan Semiconductor, noone , not evne the Mainland Chinese have been able to duplicate it on the factory level . . . . its key surface area is 1/5,000 the thickness of a human hair.

I’ve been building my own custom computers for decades now. The ports are all USB 3.2 (Gen 2) and this latest machine is once again severely overpowered for the next 5-8 years. :rofl:

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But the old fashioned challenge never quite goes away.

Long term it is all just money (and math.)
For a stock to have more value than the entire Canadian stock market, or entire German stock market or entire UK stock market, then it has to make more money (net profit) than the entire Canadian stock market, or entire German stock market or entire UK stock market.

Cause in the end it doesn’t matter if the product is Chia Pets or cool computer chips, or Internet porn, money is money is money.

By the way, a Gigabit (i.e. Gbps) is 1/8th of a Gigabyte (i.e GBps).

1 Gigabit is 0.01 Terabits.

ISP’s are deceptive like that with their speeds measured in Mega/Gigabits rather than bytes.

okay. I just cut and pasted.
I musta cut wrong.

Well don’t mind me either way. I’m stoned off my ass on edibles (1,400mg) with a slipped disc. I’m not even really here at all. :sunglasses:

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Excuse me sir?

100mg maxes me out and I consider that a feat.

Oh,
I copied that post, and pasted it here:

this is what I got

(Verse 1)
Well, don’t mind me, I’m drifting in the haze,
1,400mg, got me lost in a daze,
Slipped disc, but I’m rolling with the flow,
Stoned off my ass, but my vibes still glow.

I’m floating in the ether, not a care in the world,
Reality’s on pause, watch my mind unfurl,
A cannabis cloud, I’m the king of the chill,
In this edibles realm, I’m just here f

or the thrill.

(Chorus)
I’m not even really here, just a specter in the night,
Gliding through the shadows, everything feels right,
So raise your lighters up, let the good vibes reign,
In this stoned-out state, I’m immune to the pain.

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Well my back hurts. :rofl:

I’ve had 7 of them in the last 4 hours. Gonna have the last 3 here in a little bit.

I’m also vaping a Delta 8 pen.

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So if you believe that Harris/Biden are the reason the S&P set all time highs, then why don’t they put everyone’s economic situation at all time highs as well?

In the minds of forum libs true Democrat politicians and their policies are essentially infallible.

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Is it a leading indicator or lagging?

From July

https://www.reuters.com/markets/us/futures-rise-higher-odds-trump-victory-after-shooting-2024-07-15/?origin=serp_auto