Central banks got off the gold standard because of the Nixon shock and replaced GOLD with USD (Bretton Woods 2). Restructuring global financial architecture away from US Hegemony (USD) would use gold in the interim as there would be no Hegemon (pre Bretton Woods multipolar world) In other world, a 3 body problem (multipolar order), in finance necessitate GOLD as a unit of exchange and store of value. US could sell off all its GOLD reserves to shock and delay the transition into GOLD but that will not solve its terminal sovereign debt and fiscal crisis. It only delays it. GOLD would again climb back up to a higher equilibrium as it becomes the reference anchor of national account deficits in global trade.

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People with 34k income. Why would they rent whole unit? Probably some shared space or room rental for under 1kpm?

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It’s not possible. I have remote access when I work from home. They used to have a b-unit for remote work which was a fingerprint swipe. Now it’s an app on your phone that scans a QR code and then does Face ID on your phone to let you in. Also another annoying feature is if you are looking at Bloomberg on your phone it will log you out of the terminal on your computer.

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$JMIA Key DD points for ppl here- 1) Structural - the ONLY platform that can move people, goods, services, money across intercontinental Africa efficiently and at scale. monopoly in e-commerce, #2 in payments, #1 in logistics, highest ROI digital ad platform (on par with instagram). $300mm revs this year, 11 countries, over 10k employees - this is a big company, unlike what the market cap says. i have visited it multiple times in person. only 15% or so capacity utilized! this is worth $10bn plus on its own 2) Fundamentals - undergoing a massive fundamental inflection... growth accelerated in the Q last week from 29% to 57% and guide for further accel all year. losses almost eliminated and now only -$1.6mm last Q, however gross margins are massively profitable and expanding - so very healthy unit economics. Pure expansion of LTV (life time value) / CAC (customer acq cost) happening in the most healthy way. Growing faster than $MELI, $BABA, $SE and $JD and only 1 accelerating 3) Stock set up - trades very clearly on the dollar levels. Off Q4 earnings when grew 29% - stock went from mid 3's to 4.90 day of print, pulled back for 5 days and consolidated around 4, then EXPLODED to 8. same pattern here - stock went from mid 4's to 6 the 2-3 days of the print, pulled back for 5 days and consolidated around 6, now about to EXPLODE to 10 on 59% growth. Makes absolute perfect sense given the leg higher in fundamentals, this next leg higher for the stock is much higher to match 4) Valuation - on conservative estimates, only trading at 1.5x 2024 revs of ~$300-320mm, 1x 2025 revs of ~$500-530mm. given mgmt commentary, this could be low. Cheaper than of $MELI (5x sales half the growth), $SE and $BABA 5) Balance sheet - NO DEBT, $100mm in cash which is enough to last them literally forever at current rate. NO NEED to raise cash, and when they eventually do will be likely via a strategic partnership and positive for the stock 6) Short interest / low float - over 65% of shares here don't trade, top 5 owns over 30%. 10mm shares short, on roughly 30-35mm tradable shares = 30% SI or 4 or so days to cover. every single one of them has to cover, big potential 7) Risk / reward and TP - best risk reward I have seen in 20 yrs professionally investing. No crystallizable downside risk IMO - at this valuation with no debt no reason to ever have to sell it lower than here, upside to $20 at least this year - but this becomes a $100 stock or $10bn co within 5 yrs time for sure. Trillions in e-com market cap everywhere else, tech enablement in africa is ripping, foreign direct investment thru the roof, penetration is nearly zero in the largest TAM in the world. No reason this can't even be a $50bn company. Much better investment than $SE, $BABA, $MELI etc 8) macro - perfect for rates down / cut environment. roughly $20 from the top was solely due to rates and EM storm

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Have you ever spent time in an infantry unit, son? Ever served in a forward area?

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I don't think that's true. I think it's a great opportunity to 1) set aside money for taxes 2) unless you're living in Cali, you can see buy a 700k multi unit property or even a single family home in full payment and rent it out from day 1 and get constant income.

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Boeing is too big to fail.  Us gov would never allow Boeing to fail.  Also, commercial aviation is an important business unit, but it's not Boeing entirely.  it generates ~40% of their revenue.  

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Greedy landlord really put a smart thermometer in my apartment with a 40 year old ac unit that doesn’t work and uses $400 a month in power

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Went yolo my 600k local currency unit in AMC. (Equals 20k$) Seriously don’t care if I bankrupt will holding the DAMN SHARE FOREVER. I WILL SEE 50$

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They run as a unit, a little in all of them or all in one of them. Flip a coin.

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