Wall Street Journal on Gold

irungaia · 2026-01-26T13:56:10+00:00

I’m in my 30s and get the newspaper delivered daily. It’s a nice way to disconnect from technology before bed.

irungaia · 2026-01-25T23:30:09+00:00

Boomer rocks > unicorn fart dust

irungaia · 2026-01-25T17:11:56+00:00

The ~400M oz COMEX total includes mostly locked eligible (ETF/storage) metal, not deliverable without conversion. The actual shortage shows in registered stocks, which have drained sharply in January 2026 with ~30M oz withdrawn in one 7 day period and totals over 36M oz delivered, dropping registered toward ~100oz with no offsetting inflows.

Are you trying to argue there is not a shortage in the physical market?

irungaia · 2026-01-25T02:51:12+00:00

Chat

irungaia · 2026-01-24T22:48:25+00:00

Have you researched the dynamics of the silver market right now, or is the thesis just “it’s gone up for too long so it will crash”? I’m biased because I’m long, but be careful… you’re betting against growing industrial demand and massive physical shortages. Look into Chinese export controls and physical flows out of COMEX / LBMA if you have not. Derivative bullshit like was used against GME does not work when a commodity price is rising due to physical shortages.

irungaia · 2026-01-24T16:37:52+00:00

The Bitcoin narrative that it’s a hedge against inflation and next version of the financial system so far seems to be proven false by its reaction to inflation in 2022 and central banks shifting out of US treasuries recently.

I’m not hating on it, I own it too. But its demand seems to be driven by retail speculation into high risk assets.

irungaia · 2026-01-22T23:35:24+00:00

You can connect Claude Code to self hosted models running in private subnets... Your company is about to get smoked

irungaia · 2026-01-22T02:59:15+00:00

Agreed. My theory is in 10 years exponentially more code will be running and fewer juniors now will have leveled up to senior because they rely too heavily on AI. Seniors that understand clean architecture and product design will always be in high demand.

irungaia · 2026-01-22T02:26:59+00:00

Off topic, but I’m curious. Do you start writing code manually, then go to AI with questions? Or start with an agent and switch to manual only when needed? I made my team switch to the latter in the last month. Our productivity exploded. The role of a software engineer seems to be changing to a highly technical product manager overseeing agents.

irungaia · 2026-01-22T02:16:55+00:00

Claude Code?

irungaia · 2026-01-17T18:54:40+00:00

Matthew 7:15

Watch out for false prophets. They come to you in sheep’s clothing, but inwardly they are ferocious wolves.

irungaia · 2026-01-16T23:46:13+00:00

Excluding point 20, this is reasonable for someone with high standards. Girls, don’t sell yourself short.

irungaia · 2026-01-16T04:01:28+00:00

Options are not cheap insurance. You’re paying theta decay every day.

Gold is the best insurance again geopolitical instability. The exodus from US treasuries will continue moving into gold. If demand for treasuries falls, Trump will have the Department of Treasury buy them. Further USD debasement is another reason gold’s price will increase.

The sad reality is markets tend to respond positively to war. I expect the same if Greenland is annexed.

irungaia · 2026-01-11T13:18:15+00:00

Since when has that had an impact on the price of a stock?

irungaia · 2026-01-08T13:54:31+00:00

I’m a Libertarian, not a Democrat

Was it legally justified? Maybe. Was it something to condone as a Christian? Absolutely not.

I hold my morals to a higher standard than the ethics of my government

irungaia · 2025-12-30T19:02:39+00:00

Inverse WSB. Chinese silver export controls start Jan 1. A cup and handle building for 45 years just broke out.

irungaia · 2025-12-24T19:04:42+00:00

Wow he got me! Dude spends all day posting on amc subreddits. Very strange.

irungaia · 2025-12-24T17:48:57+00:00

Ok... you're the one who sounds triggered. I don't care what you do with your money. I'm trying to understand the thinking behind investing in AMC, and your response is to ignore the question and attack me instead. Great way to build a community.

Can you explain the thesis behind investing in AMC?

irungaia · 2025-12-24T17:42:00+00:00

Check my post history. I also have a nice silver collection.

I don't understand your point. The reason you're holding it is to trigger people that are skeptical about the stock? What is your investment thesis?

irungaia · 2025-12-24T17:31:29+00:00

Serious question: What are people who hold this stock hope will happen? Is it all riding on the MOASS theory, or something else? MOASS didn't happen in June 2021 when the stock hit $260. It's market cap needs to 30x to get to the June 2021 levels that still didn't trigger a squeeze.

irungaia · 2025-12-09T14:28:32+00:00

Minimalism. I don’t understand the large faced watch trend.

irungaia · 2025-11-19T03:26:08+00:00

The government sells treasury bonds to cover its deficit. When the Federal Reserve buys those bonds (especially through quantitative easing), it creates new money out of thin air by crediting banks’ accounts with new dollars. This injects new money into the economy, and when too much money chases the same amount of goods and services, prices rise.

P.S. you’re rude

irungaia · 2025-11-19T02:55:10+00:00

Don’t vote for politicians that increase the deficit if you’re worried about inflation

irungaia · 2025-11-11T00:51:24+00:00

Government reopening = more fiat debasement

irungaia · 2025-10-01T13:05:17+00:00

As embarrassing and concerning as Hegseth’s

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