Chevy Volt a Failure - GM to Layoff 1,300

Are you serious, LTL?

Have you picked up a newspaper anytime recently? That short I told you about -- where I was short the Euro from 2011 to 2012 (in a variety of currencies)? . ... I made more money than you can dream of. Which is why your stupidity about this -- you are telling me of what I was "predicting" or "selling you" -- always makes me laugh, even if I have ignored you about 100 times whenever you masturbate yourself. I rode the euro -- as I suggested -- from 1.43 to 1.2 in July, 2012. And that was just my dollar-based euro trade! With the leverage I was using, I made A LOT of money I suspect you could only dream of.

Which sucks. Because I shouldn't have to be posting that (and sound like I am bragging). You should have read what you just cut and paste and stopped yourself.

You are beyond clueless. 1) The euro as it exists, has absolutely no viability over the long term. That isn't a "prediction" -- your other stupid stalker thing. That is a reality that has played itself out -- it was reality in 2011 and it's even more of a reality today. The ECB (which is now buying assets -- actively debasing the currency!) and the various sovereigns have been scrambling for the last few years to keep it together and the drama with Greece just this weekend has wide-ranging implications for how they will keep it together -- and kick the can down the road.

And my saying that -- the obvious -- has nothing to do with "buying apples" or "buying" anything on my recommendation -- although, shit if you had gotten rid of any euros you had because of ME in 2011 -- you should be kissing my hiney in thanks! What you just posted made me look like a genius! -- are you that clueless? Indeed, I started scaling into a short of the Euro at 1.43 in 2011. Do you realize that the Euro is trading at about 1.09 right now? 15 year lows!

Not that I held my short all that time, or could tell you how any currency (or asset) is going to trade month to month or quarter to quarter (the way you cluelessly think I am trying to make "predictions"). ... But by the time I was done with my euro trades in 2012, since you are so obsessed with this, I had made A LOT of money. It's not like I was trying to sell you anything. ... but, yeah, if that is what you take from me, maybe you should have been loading up on my apples. You would have made money!

Forget that, though. Why would you post that today -- as evidence of what you THINK I have said -- with how shaky that currency is right now -- and the fact that the situation is deteriorating week by week right now?

I was posting things on here about a monetary crisis that was brewing and the currency wars I saw before they were getting widely talked about -- now they are daily stories -- because it has all intensified and is heading toward an inevitable problem. I stopped with those kinds of threads, because the responses from you (and some others) were about as interesting as monkeys flinging their poo at the zoo. You were giving me shit about things you didn't even seem to understand. It's just not fun.

If you want to harp on the euro and what you think you know about me or what you think I was "selling" anyone. ... I have made a tremendous amount of money on swapping euros for other things over the last 5 years or so! It's just the wrong thing to try to give ME shit about.

The euro has lost 35 percent of its value over the last year. At least one of us--maybe that includes you--made a boatload of money off that decline (and no, the reasons I was short the euro against a bunch of other currencies had nothing to do what you think you know about me or what I do or how I do it or what I "predict.").

 

I'm the Chad Ford of the shit you make up and then post over and over again,

The actual threads you have now turned into your imaginings are still there -- with what I ACTUALLY have ever posted.

Why would you quote that post? It makes the exact opposite point you think you are making.

You just posted something in which I actually told more about myself than I realized -- that I leveraged myself a bit to short the euro currency when it was 1.43 in 2011. The reason I remember it all so well? Because it was a GREAT trade. And you just sarcastically said, "I'd buy apples from you." Like I am an idiot. If you only knew how much that euro move profited me when I got out in 2012.

And with your "prediction" stupidity. ... well, the euro is trading well below today where I got out in 2012. Not that I was making that kind of prediction when I say that the euro has no long-term viability as it exists. But today? It is trading at 15 year (or is it 13 year) lows -- about 1.09 right now and maybe heading to parity.

None of that -- including the thread itself -- was about my "predicting" anything, of course -- even if I let you stalk me with your stupidity and resisted the temptation to respond until today. But the actual posts are still there! With what I really had to say. Shit, if that is how you really want to misrepresent me, are you that clueless? You are making the OPPOSITE point you think you are.

If you could have scraped up say $4,000 ($4,299 currently) in maintenance margin. ... that kind of move in just ONE euro-dollar futures contract was worth $42,500 from then to now doing what you THINK I was suggesting.

Apples. Yeah!

 

Well, if I do need that surgery, I might have to fly to Europe to get it. ... much cheaper with how much the currency has tanked.

 

Elon Musk: Incentives not necessary but helpful

Musk went on CNBC a little while ago re: the LA Times piece.

My commentary: He called the writer dishonest somehow because he doesn't mention "oil and gas subsidies," and Musk talks about a recent IMF paper. But that is ridiculous. There ARE NO oil and gas subsidies. I hate when people repeat that tripe.

A subsidy describes a government paying money to a company to encourage production of something -- ostensibly, to reduce prices for consumers. This is exactly what Tesla has benefited from to the tune of billions of dollars. Tesla has no business without those subsidies. Not that the subsidies have made it profitable.

What the IMF called a "subsidy" to fossil fuels were what they said were indirect costs to society of using oil and gas -- air pollution, traffic congestion, climate change. And they said that if governments haven't imposed special taxes on those things, the companies are receiving a"subsidy." It's Orwellian to call an externality a subsidy.

The tact by Musk is absolute bullshit. Oil and gas producers DON'T get paid by the U.S. government as a subsidy to their businesses the way that Tesla does. The suggestion is nonsensical. There is huge demand for oil and gas worldwide -- not because of government subsidies -- but because it is the cheapest energy source for most things.

Even if you want to stretch the definition of a subsidy to whatever absurd things you want to come up with. ... ask this. ... Take away the the billions of dollars given to Tesla (or the Chevy Volt) and do electric cars exist in a demand-driven market? Now take away whatever ridiculous thing you want to twist yourself into a pretzel calling a subsidy to the oil and gas industries. Is there still a demand-driven market in the world for oil and gas?