The Rokslide Stock Traders Thread

[BBob]

What are the thoughts on UAE leaving opec? My quick research seems like this will be a good thing long term? Anything I’m missing?

My first reaction is that will likely reduce oil prices and increase volatility in the oil market which is the opposite of what OPEC is all about. OPEC strives to keep oil prices stable but higher by balancing production to price. The tendency has been to suppress production to keep oil prices higher. With an independent UAE they can pump all the oil they want without the Saudi's telling them what to do. UAE production is a pretty small portion of OPEC so maybe the effect will be minimal. Time will tell if it'll be good or bad. Gotta wait til the Iran thing gets settled.

 

[Theringworm]

Finally pulled the plug and sold out of PR. It was a long rewarding ride, but I won’t let greed get the best of me.

 

[Ucsdryder]

What say everyone about qqqi? It seems to be paying solid dividends? My buddy is telling me to buy as a diversification against a stagnant/down market.

 

[Beendare]

Why are we investing anyway? Grin

Musk says not to bother…..

The X owner predicts that due to the advancements of AI, people will be able to receive better healthcare and will remove any limits on goods, services, schooling and more.

“Let’s not worry about growing the money supply,” Musk explained. “It won’t matter because the output of goods and services actually will grow faster than the money supply.”

Interesting. Many right now claim AI is a bust….Musk is aaying otherwise

 

[Ucsdryder]

Why are we investing anyway? Grin

Musk says not to bother…..

The X owner predicts that due to the advancements of AI, people will be able to receive better healthcare and will remove any limits on goods, services, schooling and more.

“Let’s not worry about growing the money supply,” Musk explained. “It won’t matter because the output of goods and services actually will grow faster than the money supply.”

Interesting. Many right now claim AI is a bust….Musk is aaying otherwise

I mean if I can go blow a pretty significant amount of money I can have some real short term fun!

 

[Andrew12gauge]

Why are we investing anyway? Grin

Musk says not to bother…..

The X owner predicts that due to the advancements of AI, people will be able to receive better healthcare and will remove any limits on goods, services, schooling and more.

“Let’s not worry about growing the money supply,” Musk explained. “It won’t matter because the output of goods and services actually will grow faster than the money supply.”

Interesting. Many right now claim AI is a bust….Musk is aaying otherwise

Musk is an idiot, he also thinks that the human population is going to blink out due to a lack of reproduction


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[IdahoBeav]

Musk is an idiot

Is there a new definition for the word idiot?