2019 will be brutal. I hate bank equities in general and if there is a good shorting opportunity lining up I will be in it. Thank you and your team for what you’re building, giving a rational look at a world, politically and financially, that might be losing their rationality again. For heavens sake. As of 2020, Grant Williams’s net worth is $100,000 - $1M. How to be super wealthy, in “Flaws and economic breakdown” and profit. The top bank guys still want to make money and get their bonuses. Please see below for criteria for TIGER 21 Membership. Fantastic chat. The privately owned Tesla Tunnel would have surge pricing, so they would charge $1000 to avoid a 2 hr delay. Once you have seen parents and friends being laid off in recessions (1990s for my Dad) and then realising at a young age that western economies are built on hot air, it is much easier to make smarter financial decisions. Raoul and Grant, thank you for the chat. To be honest, I did not know Anthony Deden, he is the founder of Edelweiss Holdings, a private investment holding company with long-term participation in the production, chemistry and technology of food, aquaculture, materials, forestry, resources and various industrial and engineering endeavours. This is because the rate of credit growth has slowed, causing the home price slump in certain major capital cities. The education details are not available at this time. "We all know that Art is not truth. Maybe too late as the damage is done because Asians of all stripes are starting to pull out their money and if it snowballs it'll crash housing in Oz and Canaduh. Great discussion and somehow reminiscent of the early days of RVTV.
Yet listening to many interviews. What I describe isn't the vacuum tube system Musk speculated about, but did not as you say promise, but I can see something coming from it eventually. Buying bitcoin is something Pal strongly believes in, especially because he thinks we are at risk of losing faith in money. They look ahead to 2019 and outline some of the challenges they … Here is a small video that I made and has gone viral on $TSLAQ two weeks ago: Pal also thinks that people should be careful about how they own their gold. He currently resides in New York City, New York, USA. What does this mean? All I want to know is who could possibly give that video a thumbs down?
Brilliant! Are there any ETF's setup to do this with ease? Cheers. 1) Bring on Liaquat Ahamed who wrote and researched "Lords of Finance" and published that book in 2009. Thanks guys. Agree re Australia The proof is every car makers got scared of them and invested in electric (the proof is in the amount of electric cars coming in 2019-2020). Bring on 2019! It's insanity. I started to try to find more information about him and his holding but he only has a corporate presentation on his website. There's an unfavorable perception that they're "rigging" the system by keeping rates low and buying the bond market. I moved to the US from China — here are the biggest cultural differences I've noticed between the 2 countries, Bath & Body Works is now a standalone company — we visited a store and saw why it's been L Brands' secret weapon, CBA and NAB pass on RBA interest rate cut in full, but ANZ and Westpac defy Treasurer Josh Frydenberg's orders, How to watch Netflix on your TV in 5 different ways, The incredible story of Ferrari's 72-year journey from an upstart racing team to a $27 billion luxury brand.
Again these are maintained through salaries. It's said that 80% of Australia's economy depends directly or indirectly on exports to China. (disclaimer: no related interest). Great insights.
There is plenty of reason to doubt Tesla may not make it..
And largest fraud maybe in history. OK, a call that was early and wrong for a long time is also counted as 'knocked out of the park'. Scientific method. I live in Australia and am looking forward to telling people "I told you so" regarding the property price declines that are happening right now. Pal is well-known in the global macro space. He has played on the same NBA team as NBA superstar Kemba Walker . Great piece lots to think about. A good compromise could be to buy the bond, e.g. Maybe do a speculative spread Chile against Australia? Much to his chagrin, Grant Williams has reached 30 years in finance. TIGER 21 Founder Michael Sonnenfeldt, was interviewed by Real Vision Co-FounderGrant Williams in this introspective documentary, describing himself as an entrepreneur who learned from both success and failure. I firmly believe we are heading for paper currency destruction and debt deflation and I see gold and gold stocks as potential back stop. me to imagine in 10 years that the Teslas are still there but the Ford Focus isn't. Cheers! But its still interesting as f#%k, very much worth my precious time. Change ), You are commenting using your Facebook account. This is what RV is trying to teach the average retail investor. As far as competition for Tesla, I don't know. Jay Powell will end the Fed put. Right now, it’s at around $US364. View Grant Williams’ profile on LinkedIn, the world's largest professional community. More humans need to see this kind of excellent dialogue where two folks can maintain different perspectives of a given topic and still uphold human dignity and respect for each other. Is telling your junior trader to execute slowly over 15 minutes into the close a human algo? What is an “algo”? "So I said OK well let's assume it's something like gold-There's a finite amount of it," Pal said in an interview with Grant Williams on Real Vision Television.
More Listen in on our hour-long show, from Monday-Friday 12-1pm on KPRC AM 950 Does he still expect it to go there even if the dollar moves sideways or even weakens?
A strong legacy and loyal customers but new products are really updated retro products and a huge third world migration are making living in Germany less attractive and more expensive. Also there is net immigration into Australia which maintains a continuous demand and the government can ease immigration law (which have been the strictest EVER) to attract more people to the country if needed.
Great convo, 2019 is going to be a barn burner indeed!
In summary: My interpretation is TSLA vs TSLAQ debaters go where Mr Clark fears to tread. Even if budget and travel constraints don't permit the once-a-quarter conversation between the two of you, please keep doing what you are doing, as it is working! Yet, this goes against most of what you profess to believe in. I hate to defend The Boring Co. but I sort of see where it might be going. Now even in day trading you need to understand the levels that the machines are working with/to to make a probability question on if "I can be more right than wrong". If credit ceases to continually grow, or even declines, then the effect on home prices and the Aussie economy will be far far more severe.
Two business partners and obviously friends, chatting about random econ stuff, having fun....No wonder they are smiling. Grant has 5 jobs listed on their profile. There couldn't be a better end of year video. It is removed from a common understanding of marketplace; valuations are distorted; not certain in the historical sense how much of an economy remains. @Jason S. They won't "crackdown" anymore on Chinese buyers in Oz or Canaduh because both those countries are hurting badly and won't throw gas on the fire by discouraging Asian money. Keep watching probably. The gold standard isn't easy to follow. Watch the full Real Vision Television interview below: Copyright © 2020. ( Log Out / John K. From the video I gathered that usd up. Question- Do Bonds require greater levels of leverage? It's one of All rights reserved.For reprint rights. It would be amazing, if Hugh would agree, to have a revisit after his 12 months out of running money. Grant loses credibility when he starts ranting about gold. In addition, Oz is in for a huge world of hurt as they foolishly banned Huawei 5G (the ONLY operational 5G in the world today) and China is now considering retaliation by banning all Australian copper & iron ore and possibly more. Grant and Raoul were great as usual. (My speculation is that the German government struck a deal with VW with respect to going big on electric in exchange for less severe sanctions about DieselGate?). Neither has yet realized the degree to which their personal brands as interviewers/thinkers, are RV's biggest asset. He thinks that the upside is “astronomical” compared to the downside. Almost all the auto stocks look troubled. ps- please bring one of my ultimate fave guests David Iben back, his savant style call on mining sector a few years back was spot on, like to know what he thinks about things at the moment. Summary of Bitfinex (the exchange) and Tether (the pegged, centrally distributed token) are as follows. He discovered Graham and Dobb books because of some Swiss friends in NY banks.
I steered clear of properties since moving here years ago because I learnt very quickly that the Australian economy doesn't really produce goods and services that can be sold to pay for all of this debt.
I for one fully supported the mission that Musk has for a zero pollution vehicle. In case the Chinese indeed shift all their iron & copper imports from Australia to Chile.