Comments by "Tasty Pymp" (@tastypymp1287) on "PensionCraft" channel.

  1. Ramin: 'No one loves bonds quite as much as me'. Also Ramin: 'I'm going 100% equity'.
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  2. Ramin is a touch naive here. If it thinks the US government won't resort to fiscal stimulus, I believe he is wrong. When you observe activity and behaviour, developed countries like the US are resorting to behaviours akin to developing and emerging markets. Albeit in a more reduced and protracted manner. For now. But the US, and others, have HUGE debt liabilities. The old school methods are either outright default (developed economies don't do that anymore) or inflate it away. What's worse, the US is in a unique position where the domestic currency is also the world's reserve currency. The ability, temptation and even motivation to continue to print fiat currency to debase it and inflate away the debt is likely too strong. And it seems the rest of the world might be also beginning to acknowledge that.
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  3. I don't think the markets are 'rallying'. I think this is an inflation push. Inflation is a net positive to equities and I posit that it's ultimately why the markets always increase in price over the long run. Because so does the money supply and therefore so does the inflation.
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  4. It's not that your property is worth more money. It's that you increasingly need more money to buy it....
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  5. 'near the low' Meaningless.
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  6. Why should he? His location has absolutely no bearing whatsoever on what geographical market he wants to focus on. That's an absurd assertion.
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  7. Not an argument.
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  8. It's always time to invest according to Ramin and the Investment Industrial Complex he represents.
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  9. The new Italian PM is not 'far-right' Ramin and neither is her party.
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  10. What's more, that 2% is 2% of a now greater inflated base. So in real monetary terms its a real greater cost. If we index the beginning of inflation at 100, and we subsequently get inflation of 10%. The eventual 2% inflation is 2% of 110, not 100.... This is of course completely disregarded by the media and Investment Industrial Complex when they talk about inflation 'coming down'. They conveniently forget about compound interest....
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  11. 'Market cycles'....
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  12.  @BigHenFor  PARAGRAPHS!! FKING PARAGRAPHS!!
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  13. Go back, listen caaaaareeefully and all will be revealed....
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  14. But did visit anywhere else apart from Southend-on-Sea?
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  15. Turn your phone up.
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  16. The UK didn't buy cheap gas from Russia.
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  17. Ramin gets it wrong yet again.... This is the problem with YoY inflation analysis. Yes, inflation in gasoline CPI increased in 2021 but that's YoY compared to 2020. And we know that demand was utterly destroyed in 2020. So the 2021 'inflation' was simply a return to normal consumption and normal prices. Therefore to assert that energy prices are responsible (implying exclusively) for excess inflation is a fallacy. The real energy spike was in 2022 due to sanctions imposed on energy by US hegemony. It is interesting that Ramin has used inflation percentages rather than observe real oil barrel prices. If you observe the real data, real inflation was increasing long before the Russia/Ukraine conflict and you cannot dismiss the effect of huge monetary and fiscal stimulus. This is classic Investment Industrial Complex gaslighting.
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  18. Ramin gets it wrong yet again.... This is the problem with YoY inflation analysis. Yes, inflation in gasoline CPI increased in 2021 but that's YoY compared to 2020. And we know that demand was utterly destroyed in 2020. So the 2021 'inflation' was simply a return to normal consumption and normal prices. Therefore to assert that energy prices are responsible (implying exclusively) for excess inflation is a fallacy. The real energy spike was in 2022 due to sanctions imposed on energy by US hegemony. It is interesting that Ramin has used inflation percentages rather than observe real oil barrel prices. If you observe the real data, real inflation was increasing long before the Russia/Ukraine conflict and you cannot dismiss the effect of huge monetary and fiscal stimulus. This is classic Investment Industrial Complex gaslighting.
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  19. Why? People won't watch it (even if they should). You can lead a horse to water....
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  20. The ol 'Burry Buying' story. The financial investment industrial complex must be getting desperate....
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  21. The asset return graph is critical. It shows every asset outpacing inflation. How can this be? Think of double entry accounting, whereby every liability is matched to every asset. One cannot exceed the other. So all global assets must match all money supply. This is because currency is the measure of all value and instrument of all transactions. Ultimately, currency represents a promise to pay. It is the liability against the asset. Do they match? Have we equilibrium? Because the actual valuations suggest assets often exceed money base and supply, which exposes a liquidity issue in any scenario where investors rapidly and collectively attempt to realise the value of their assets into currency. There simply isn't enough to cover all the liabilities and transfer assets into cash. There isn't enough to keep the promise. This is the precipitation of a financial crisis. It seems possible that assets, collectively, are mostly overvalued compared to the money supply they are valued in. This phenomena is caused by speculation. The reality is exposed once fear enters the mind of investors, then the lenders of last resort have to plug the gap.
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  22. Ramin. Why don't you show the last forecasts for this year? I tell you what, I'll do it for you. Estimates by top firms for the S&P500 for close of 2022 ranged from 5330 to 4400. Even the lowest estimate is likely to be more than 10% off the reality. Estimates are meaningless.
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  23. @Jonathan Howson  Playing it safe? How is investing, blindly, in an asset than can loose 50% of its value in a year 'playing it safe'? An asset class that has repeatedly required massive bailouts and underwriting by the taxpayer to keep it from going completely bankrupt? The Investment Industrial Complex cannot and will not save you when it all goes wrong and you are heading into huge trouble as we speak.
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  24. No. The main source is irresponsible fiscal and monetary policy.
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  25.  @XORTION  Hearsay. Citation needed:
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  26. I've thought that the US, and other advanced economies, is behaving like an emerging market. We'll see if they default by proxy.
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  27. Er, Giraffe? Sorry, I'm not familiar with this game.
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  28.  @christerdehlin8866  How's that?
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  29.  @immers2410  Yeah, but them homeowners are going to really resent giving up two of those three holidays a year and cancelling the new Porsche.
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  30. ETF capitulation claims by Eric Balchunas need to be compared to Yardenis fund flows, which suggest ETFs are still net positive. Inversed ETFs might be a mere hedging strategy. These guys are part of the investment industrial complex and it's their JOB to keep you buying.
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  31. Well put it this way, it isn't going to help reduce inflation....
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  32. What's wrong with getting richer?
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  33.  @fredatlas4396  👈Typical lefty fanatic.
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  34. Inflation did not start out as an energy surge. Inflation was increasing before the energy crisis. We all know this Inflation is ultimately caused by money supply. It always is.
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  35.  @dubsdolby9437  Why not set up your own channel or look elsewhere?
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  36. @dubs dolby  So basically you're projecting your irrationality onto me. I'd suggest this game is not for you.
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  37. We haven't seen inflation 'turn south'. Look at the data Ramin. Inflation in volatile prices such as energy have declined but hard inflation in more sticky prices is continuing to rise, especially in Europe.
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  38. 'Love Arkk' You shouldn't be emotionally invested.
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  39. Years indeed. And don't forget, any infrastructure change needs energy and resources....
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  40. Because IT IS the fault of irresponsible fiscal and monetary policy and blaming corporations is merely a deliberate diversion from that.
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  41. @JC S  Nothing is overpriced. Everything is priced exactly at the point people are willing and able to pay according to the demand and supply. 'Over/under valued/priced' is investment industrial complex speak. Sales patter. "Hey, these assets are cheap right now, great value!!". Yeah, they need you to believe that. Valuations are based on opportunity and risk. Prices are based on supply and demand. At no point are valuations or prices 'incorrect' unless an administrative mistake has occurred. Which is virtually never. A 'bubble' is when demand significantly outstrips supply. But if it was 'overpriced' then demand would falter. Nobody 'needs' financial assets, they are not in the lower categories of the hierarchy of needs. Whether they are foolish or not is another matter.
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  42. Federal Government debt calculations ignore: •State and municipal debt (both domestic and foreign) •QE debt held on Fed Bank balance sheets •Liabilities such as debt default insurance (depositor protection). The US government debt problem is far, far bigger than 110%.
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  43. Why?
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  44. Yes I concur. He did indeed state that. I'm worried that Ramin is showing signs of being a drip fed talking head.
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  45. Interesting, but what are the consequences if they do honour the debt?
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  46. But it's not. You saw how markets were affected in 2011.
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  47. 'As an American' What does that even mean?
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  48. @**sunshine gary**  The UK is still a G7 powerhouse. Argentina was never as wealthy in comparison. Infact there is no comparison.
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  49.  @GavinLawrence747  That's more like it. The UK has to compete in a market with a significantly smaller supply. This is true. The major problem though is monetary inflation (through currency deflation) being the biggest cause of this inflation starting and continuing. This is something Ramin doesn't address. Commodities are volatile due to supply and demand but typically correct as quickly as they spike. The supply and demand of currency also changes value but it seldom dramatically corrects. This is why inflation always decreases but seldom to deflation. Every price goes up systemically because you need more currency to purchase. Not because the value of all goods and services has increased, but because the value of the currency has decreased. So the prices seldom retract.
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  50. Congrats! Here's your prize! 👇 🖕
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