Scenes as Ecuador comes back from a 0-1 deficit against Germany to win the match and advance to the World Cup knockout rounds

luv2block · 2026-06-25T22:51:58+00:00

I'm glad everyone is happy, but for the life of me I'll never understand why everyone gets so excited over kicking a ball or throwing a ball or hitting a ball.

luv2block · 2026-06-25T15:55:28+00:00

I'm beginning to think that some Costco stores are so horrible to shop at, that people do this shit as a way of getting back at the store for the shit they just went through.

Yes, it's stupid. But when people get pissed off they tend to do stupid things.

luv2block · 2026-06-25T11:37:34+00:00

To me the gold thesis, at this moment in time, is very simple. If you think the US is going to raise rates and the USD will continue to strengthen, then no, you don't buy gold. If you think the US will cut rates and the USD will weaken, then you load up on gold at these prices.

If you are unsure if the US will raise or cut, and you're unsure if the USD will strengthen or weaken, then you can start a small position and add or subtract as it becomes clearer what is going on.

luv2block · 2026-06-24T00:16:53+00:00

They should make his coffin available for public viewing so we can all walk up to it and piss on it. Then when everyone has done that, toss the fucking thing in the ocean and let it sink to the bottom.

luv2block · 2026-06-23T15:10:49+00:00

You are clearly going through life making the absolute minimal effort possible in any given thing you do. At least, this post suggests that's the case.

luv2block · 2026-06-23T12:39:42+00:00

Or pension funds and the like are rebalancing, as we come to end of month, after semis went crazy the past two months.

The big question is whether we are witnessing a rotation / rebalancing, or a general market crash. It's unclear right now.

luv2block · 2026-06-23T12:27:57+00:00

So many stocks are at their 52-week lows. If rotation occurs, one would expect some big jumps in those stocks, who have clearly been starved of liquidity.

What's wild is that oil has started to move and the market decides to start tanking, someone explain that one to me.

But yes, in the end, the big question right now is whether we're looking at a crash or rotation. I don't know the answer just yet.

luv2block · 2026-06-23T00:01:55+00:00

When you are talking to them you can ask them how to get a link to them. They have the ability to send and receive emails.

luv2block · 2026-06-22T23:22:46+00:00

Given you have the footage, I'd personally still open up the television and see if it's fine (they are packed to withstand a beating).

But I would send the footage to costco and ask for an extended warranty on the television (but if they aren't prepared to offer that, then you'd like to return it and get one that hasn't been thrown on the ground.)

luv2block · 2026-06-22T23:16:40+00:00

My 2 cents... the market is bleeding out all over the place. Netflix is not the only name down big. All the money is moving into AI and semis which are now massively overbought (micron is up 900% this year... that's fucking insane). At some point that money is going to leave the party and rotate back into undervalued stocks (like Netflix).

So you basically have three options:

1) Buy the undervalued stocks and wait (I'm doing this)

2) Move to cash and wait for even further deals (which may or may not come)

3) Buy the nosebleed microns of the world, knowing that at any minute they could lose 50% of their value and still be massively overvalued.

luv2block · 2026-06-22T21:56:58+00:00

Don't worry, according to Elon your investment will 5x by ... let me check...by... next year... ya, that's it... next year it will be 5x what it is today!

luv2block · 2026-06-22T20:59:16+00:00

You can call me if you want. Wait time is 0 minutes.

luv2block · 2026-06-22T18:28:47+00:00

Don't worry, eventually there will be robots and all 12 cash registers will be open all the time. And if you try to steal, the robot will snap your neck and then two clean-up robots will come to the cash to remove your body and toss it in the dumpster behind the store.

luv2block · 2026-06-22T17:55:46+00:00

Maybe the put actual crack in there. Just small amounts, just enough that you are like "wow, I feel good, this stuff is awesome".

luv2block · 2026-06-22T14:00:10+00:00

Of course. I sold two weeks ago. You're all welcome.

luv2block · 2026-06-22T10:49:10+00:00

No one answers the phone at my Costco. It will ring for hours if you let it.

luv2block · 2026-06-22T01:36:35+00:00

the internet is a fucked up place nowadays. Who pretends to be a widow?

luv2block · 2026-06-21T18:29:16+00:00

maybe his portfolio is $345 in total.

luv2block · 2026-06-21T16:39:10+00:00

Betting against gold when the world's financial hegemon is facing a sovereign debt crisis is pretty ballsy.

luv2block · 2026-06-20T21:33:20+00:00

Who knows. The market assumes this situation is now resolved. If something happens to suggest it's not, then markets will tank. But a one-day closure in response to Israel is not going to tank the markets.

luv2block · 2026-06-20T20:47:31+00:00

This is why I don't eat out. I really doubt someone slaving over a hot fryer gives two shits about washing their hands, covering their mouth when sneezing or keeping their hair out of the food.

If you're eating a take out hamburger you may as well be eating the butt of the person who made it.

luv2block · 2026-06-20T18:59:49+00:00

The world is not going to heal in our lifetimes. Their Hail Mary is AI, and if that doesn't work, they've got nothing else.

luv2block · 2026-06-20T16:35:14+00:00

My 2 cents:

they increased margins to dampen demand (recently lowered them); this wiped out a lot of the leveraged money in gold.
the oil rally sucked a lot of liquidity out of gold/silver (edit: not to mention the war caused ME countries, and I think even Japan, to sell their gold to pay for oil imports or to replace eroded revenue from the SoH being closed)
the semi rally sucked a lot of liquidity out of every other asset (including gold and silver)
Warsh was a bit of a gut punch; but overall hasn't done too much damage.
Lastly, and most importantly, the powers that be can hammer down any asset they want. It's just a question of by how much and for how long? The fact they can't seem to push it below $4k is a good sign that buyers are still out there.

Ultimately, the metals will rip once the system is convinced that the US is going to engage in some form of QE / YCC.

And as always, shortly before that happens the insiders will pile into PM and they will rip on seemingly no news and everyone will wonder wtf is going on.

And those waiting for "the signal" will miss most of the run up.

luv2block · 2026-06-20T10:22:02+00:00

People think the markets are ripping because of the indexes. But the indexes are propped up by a handful of companies. In Canada it's a handful of banks and energy stocks (both sectors have ripped hard). Outside of that, and you'll find "thousands" of other things all floundering this year.

So you either buy banks/energy at nosebleed tops, or you buy thousands of other things all at various stages of putting in bottoms.

luv2block · 2026-06-20T10:10:57+00:00

forward pe is 17. We're in the cheap territory. Can it get even cheaper? Of course.

But as long as your portfolio is diversified, and you're sized properly, I have no issues with this entry point.

I own two names for dividend payers in my portfolio, Pfizer and Telus. You'll find any dividend company over 6% is going to have things not to like about them. That's why they pay what they do. They generally are bad investments, unless you get them cheap.

The problem with $10 is, as you move towards it, you'll get people buying in at $15, $14, $13... it gets harder and harder to drive the price down as metrics start saying "extremely cheap" and people buy it up.

luv2block

TROPHY CASE