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Financial illiteracy

@sparticuszorro.bsky.social

1.1K followers 150 following 910 posts

So there is no Ambiguity. The All-In with all your money is: 3x price in 3 days with float turning over. Any lesser conditions is not All-In but shades of.

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Financial illiteracy @sparticuszorro.bsky.social · 7m

Homeownership one traditional method by which prior generations of Americans built their wealth

Has moved further out of reach

Just as trading stocks has become easier and cheaper than ever.

Financial illiteracy @sparticuszorro.bsky.social · 1h

Liquidity providers needed

George Pearkes @peark.es · 2h

Great Bloomberg coverage of the massive squeeze in silver
www.bloomberg.com/news/article...

(Bloomberg) -- The London silver market has been thrown into turmoil by a massive short squeeze, driving prices above $50 an ounce for only the second time in history and stirring memories of the billionaire Hunt brothers' notorious attempt to corner the market in 1980.
Benchmark prices in London have soared to near-unprecedented levels over New York. Traders described a market where liquidity has almost entirely dried up, leaving anyone short spot silver struggling to source metal and forced to pay crippling borrowing costs to roll their positions to a later date.
And the squeeze has become so dramatic that some traders have rushed to book slots in the cargo holds of transatlantic flights for bulky silver bars - an expensive mode of transport typically reserved for more valuable gold - to profit off the massive premiums in London.

Chart showing London silver bullion inventory

Chart of New York vs London silver futures

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Financial illiteracy @sparticuszorro.bsky.social · 10h

Its all fugazi money

Financial illiteracy @sparticuszorro.bsky.social · 10h

Market cap is now 1.6b
633k still hodling to zero with their $500 purchases

Financial illiteracy @sparticuszorro.bsky.social · 10h

Check

Financial illiteracy @sparticuszorro.bsky.social · 10h

Liar will suffice to get you booted out

Financial illiteracy @sparticuszorro.bsky.social · 11h

The negative value to reading for short sellers

Even less value if you understand what you are reading

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Reposted by Financial illiteracy

egg price watcher @bluser12.bsky.social · 11h

Hyperliquid is the most popular decentralized exchange. Serious carnage.

@jconorgrogan •2h
I counted 1010 traders that are down $100k+ today and 206 traders that are down $1M+ today
on Hyperliquid
358 of those accounts lost everything and have
~O balance, including one person who lost all $19M+ in their account

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Financial illiteracy @sparticuszorro.bsky.social · 11h

Quite a swan dive

Financial illiteracy @sparticuszorro.bsky.social · 13h

yeah it dropped
he tacoed
And here we are

De minimus has pissed off China to no end.

That has to go or U.S will be in for major pain.

Software can/has been pirated forever.

Financial illiteracy @sparticuszorro.bsky.social · 13h

So fast the monthly statement never even showed a loss for April 2025

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Financial illiteracy @sparticuszorro.bsky.social · 14h

china tarrifs up to 135% again

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Financial illiteracy @sparticuszorro.bsky.social · 14h

Where will the money rotate to

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Reposted by Financial illiteracy

Karthik Sankaran @rajakorman.bsky.social · 15h

Your periodic reminder that the greatest innovation of Crypto is to stop people out of positions at horrific levels when not even Auckland is in the office.

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Financial illiteracy @sparticuszorro.bsky.social · 15h

The rental prices will always catch up to increasing house prices.
Just with a lag.
Dont overthink it.
There is no optimum strategy.
The parts all move around including your life changes

Financial illiteracy @sparticuszorro.bsky.social · 15h

Without mortgage credit houses stay same level.
Somebody has to wsnt take out a million dollar loan or nothing happens.

Land is much harder to get a loan on if you intend to just sit on it.

45 years from now will be under the land chillin

Financial illiteracy @sparticuszorro.bsky.social · 15h

Housing is defintely not an asset

Land ouish

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Financial illiteracy @sparticuszorro.bsky.social · 15h

UK going to zero

Sam Learner @samlearner.bsky.social · 16h

I'm just a guy with £50 of cash that I took out at the airport, wandering around London trying to find places that will accept it in exchange for the stuff that they're selling. you wouldn't believe how hard it's been