Financial Crystal ball gazing 2020

These are pretty much “Stab in the dark” predictions please acknowledge disclaimer

Have quietly Pilot bought into OTC:GBTC, while everyone attention wise appears to focusing their mind elsewhere. However I believe that in the shorter to medium term that prices for the asset class may continue to be soft and may even halve from its present day price (in which case, it would be an opportunity to add to the position)

We may see another parabolic run up in the next 2-3 years, provided some one doesn’t somehow manage to compromise the integrity of this particular asset in the meantime. Even if my “stab in the dark” prediction materializes, I feel the next BTC run up bubble is unlikely to be anywhere near as great (in terms of multiples of gains) as the last few parabolic run ups, given the trend of each such run up has been less than the preceding run up

Equity markets and asset prices behaving as per last observation and have seemingly started accelerating. However I am still cautiously feeling the pulse and this may change at short notice given financial system is behaving I believe well outside historical norms. I still assert things have been deeply distorted due to central banks unleashing the biggest ever liquidity glut known and a significant sustained correction I further assert is extraordinarily well past long overdue.

Away from the purely financial side of things, my prior concerns over global food supply and security have been increasing. How the world can best mitigate such an eventuality, I don’t yet know of an idea.

We’ve been in a very long period of relative calm and abundance (in the developed nations) but see a lot of risk factors that could potentially unseat this in the next decade or so.

Financial Crystal ball gazing 2020

Seeing straight through Thrifty’s “Smiles all the way” marketing

I have had largely OK experiences with this car rental brand in Australia. Vehicles provided have predominantly been received in clean, tidy and good condition. Majority of hires have been smooth with one disappointing experience in the middle involving one of their licensees operating in Suburban Melbourne who I felt were dishonest and were also caught posting fake reviews to boot (Dandenong Thrifty / Lawrence Vic Pty Ltd). To Thrifty AU Headoffice’s credit, majority of the reviews identified have been removed after I advised Thrifty Head Office (though not without mentioning the acronyms ACCC and CAV and further note there are some fake reviews still outstanding) Continue reading “Seeing straight through Thrifty’s “Smiles all the way” marketing”

Seeing straight through Thrifty’s “Smiles all the way” marketing