Black Tuesday

Chinese Bonds

Image credit to: @marcjonesrtrs

See a snapshot of Chinese property sector bonds crashing. This contagion will spread. As my Financial Advisor friend once told me, the bigger the bubble, the bigger the crash. Everything is not well in finance right now. In Bitcoin, I see "Buy the rumor, Sell the news" happening as the Bitcoin Futures ETF launches today. This ETF is NOT good for retail investors.

Crypto Whale

 This image credit to: https://twitter.com/CryptoWhale

As Crypto Whale predicts, Bitcoin will crash just like it did in 2018 when the CME Bitcoin Futures was launched. See image below.

CME Bitcoin Futures

This image credit to: https://twitter.com/CryptoWhale

If you lived through 2018, then you know the pain I am speaking about. Once the margin calls start, it is too late to get your money out.

On the Investment front, I am HODLing GME and SPXS as crash insurance. It is a type of barbell. The fundamentals of GME keep improving daily. Not too mention all of the new hires they acquired from other tech companies recently. You can view the chart to see the GME Tech Hire Database below.

GME Tech Hire Database

A few items to note:
  • GME collectibles will be a huge market.
  • GME rankings are improving daily.
  • GME could suck the oxygen out of the whole market.
Recently, Michal Gregersen published a report about GME and how the stock price valuation is $769. which is considerably more than the current price. I think this price undervalues GameStop. The company is now a tech company and should not be valued as a brick and mortar.

Read more posts on my blog, JaredSchlar.com to get the inside scoop.

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I own GME and SPXS and like the stocks. This blog is my opinion and should not be construed as financial advice. Thanks for reading.

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