Quoth the Raven #356 - Peter Schiff Goes Nuclear On Bitcoin, Saylor, Fannie & Freddie and CNBC

Peter Schiff is an American stockbroker, financial commentator, and radio personality known for his bearish economic predictions, advocacy for free markets, and criticism of government debt. He is the CEO and Chief Global Strategist of Euro Pacific Capital, a financial commentator who frequently appears on news networks like Fox Business, and the author of several books on the economy. His work often focuses on the potential dangers of U.S. economic policies and has predicted economic downturns, most notably the 2008 financial crisis.  These podcasts, posted here, are now all on a slight delay and are taken from my near-daily blog, Fringe Finance. As of right now I have no sponsors, so the best way to show support is just to listen/read or subscribe to my blog: http://quoththeraven.substack.com  You can also still contribute a one time or recurring donation to the podcast via Patreon: https://www.patreon.com/QTRResearch All podcast content is subject to this disclaimer, which you should read slowly, multiple times. Thank you all for your continued support over the years. I stand on the shoulders of the people who listen to and/or enjoy my content and I never lose sight of that. QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog or what my guests say. Nothing is fact checked. I exist on the fringe. Assume any and all numbers in this piece are wrong and make sure you check them yourself. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.  

My November 2025 interview with Phil Bak of BakStak: https://philbak.substack.com/p/podcast-becoming-quoth-the-raven These podcasts, posted here, are now all on a slight delay and are taken from my near-daily blog, Fringe Finance. As of right now I have no sponsors, so the best way to show support is just to listen/read or subscribe to my blog: http://quoththeraven.substack.com  You can also still contribute a one time or recurring donation to the podcast via Patreon: https://www.patreon.com/QTRResearch All podcast content is subject to this disclaimer, which you should read slowly, multiple times. Thank you all for your continued support over the years. I stand on the shoulders of the people who listen to and/or enjoy my content and I never lose sight of that. QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog or what my guests say. Nothing is fact checked. I exist on the fringe. Assume any and all numbers in this piece are wrong and make sure you check them yourself. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

This is from my appearance on Rebel Capitalist with George Gammon from Thursday April 3, 2025. I am appearing on George's show on some Tuesdays and Thursdays at 4PM EST. His streams can be found here: https://www.youtube.com/@RebelCapitalistChannel/streams I am aware that in the past I have said the podcast is always going to be free, and I am committed to sticking to that promise. Just know that these podcasts, posted here, are now all on a slight delay and are taken from my near-daily blog, Fringe Finance: http://quoththeraven.substack.com  However now you don't have to listen to 7 minutes of introduction from sponsors. How's that for a trade off? Anyways, you can get all of my podcasts as they happen by subscribing to my Substack. All QTR podcast listeners can take 40% off an annual subscription by using this link: https://quoththeraven.substack.com/subscribe?coupon=fa90a2a2&utm_content= You can still contribute a donation to the podcast via Patreon: https://www.patreon.com/QTRResearch All podcast content is subject to this disclaimer, which you should read slowly, multiple times. QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog or what my guests say. Nothing is fact checked. I exist on the fringe. Assume any and all numbers in this piece are wrong and make sure you check them yourself. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

This is from my appearance on Rebel Capitalist with George Gammon from Thursday March 27, 2025. I am appearing on George's show on some Tuesdays and Thursdays. His streams can be found here: https://www.youtube.com/@RebelCapitalistChannel/streams I am aware that in the past I have said the podcast is always going to be free, and I am committed to sticking to that promise. Just know that these podcasts, posted here, are now all on a slight delay and are taken from my near-daily blog, Fringe Finance: http://quoththeraven.substack.com  However now you don't have to listen to 7 minutes of introduction from sponsors. How's that for a trade off? Anyways, you can get all of my podcasts as they happen by subscribing to my Substack. All QTR podcast listeners can take 40% off an annual subscription by using this link: https://quoththeraven.substack.com/subscribe?coupon=fa90a2a2&utm_content= You can still contribute a donation to the podcast via Patreon: https://www.patreon.com/QTRResearch All podcast content is subject to this disclaimer, which you should read slowly, multiple times. QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog or what my guests say. Nothing is fact checked. I exist on the fringe. Assume any and all numbers in this piece are wrong and make sure you check them yourself. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

Chatting with Tom at PGR about all things media, mental health, markets and more.  I am aware that in the past I have said the podcast is always going to be free, and I am committed to sticking to that promise. Just know that these podcasts, posted here, are now all on a slight delay and are taken from my near-daily blog, Fringe Finance: http://quoththeraven.substack.com  However now you don't have to listen to 7 minutes of introduction from sponsors. How's that for a trade off? Anyways, you can get all of my podcasts as they happen by subscribing to my Substack. All QTR podcast listeners can take 40% off an annual subscription by using this link: https://quoththeraven.substack.com/subscribe?coupon=fa90a2a2&utm_content= You can still contribute a donation to the podcast via Patreon: https://www.patreon.com/QTRResearch All podcast content is subject to this disclaimer, which you should read slowly, multiple times. QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog or what my guests say. Nothing is fact checked. I exist on the fringe. Assume any and all numbers in this piece are wrong and make sure you check them yourself. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

This is from my appearance on Rebel Capitalist with George Gammon from Thursday March 13, 2025. I am appearing on George's show on some Tuesdays and Thursdays. His streams can be found here: https://www.youtube.com/@RebelCapitalistChannel/streams I am aware that in the past I have said the podcast is always going to be free, and I am committed to sticking to that promise. Just know that these podcasts, posted here, are now all on a slight delay and are taken from my near-daily blog, Fringe Finance: http://quoththeraven.substack.com  However now you don't have to listen to 7 minutes of introduction from sponsors. How's that for a trade off? Anyways, you can get all of my podcasts as they happen by subscribing to my Substack. All QTR podcast listeners can take 40% off an annual subscription by using this link: https://quoththeraven.substack.com/subscribe?coupon=fa90a2a2&utm_content= You can still contribute a donation to the podcast via Patreon: https://www.patreon.com/QTRResearch All podcast content is subject to this disclaimer, which you should read slowly, multiple times. QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog or what my guests say. Nothing is fact checked. I exist on the fringe. Assume any and all numbers in this piece are wrong and make sure you check them yourself. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.  

This episode originally aired/published 2/25/25 here: https://quoththeraven.substack.com/p/taibbi-trump-has-a-once-in-a-lifetime I am aware that in the past I have said the podcast is always going to be free, and I am committed to sticking to that promise. Just know that these podcasts, posted here, are now all on a slight delay and are taken from my near-daily blog, Fringe Finance: http://quoththeraven.substack.com  However now you don't have to listen to 7 minutes of introduction from sponsors. How's that for a trade off? Anyways, you can get all of my podcasts as they happen by subscribing to my Substack. All QTR podcast listeners can take 40% off an annual subscription by using this link: https://quoththeraven.substack.com/subscribe?coupon=fa90a2a2&utm_content= You can still contribute a donation to the podcast via Patreon: https://www.patreon.com/QTRResearch All podcast content is subject to this disclaimer, which you should read slowly, multiple times. QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog or what my guests say. Nothing is fact checked. I exist on the fringe. Assume any and all numbers in this piece are wrong and make sure you check them yourself. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

Support QTR My near-daily blog, Fringe Finance: http://quoththeraven.substack.com Get 40% off a subscription: https://quoththeraven.substack.com/subscribe?coupon=fa90a2a2&utm_content= Contribute a donation to the podcast via Patreon: https://www.patreon.com/QTRResearch Follow me on YouTube, and Twitter Please show love to those who support the QTR Podcast:  JM Bullion - where QTR buys gold & silver - email [email protected]  - Twitter: @JMBullion George Gammon - Rebel Capitalist Pro - Twitter: @GeorgeGammon   All podcast content is subject to this disclaimer, which you should read slowly, multiple times.   QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This podcast represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. Guests have not been fact checked. Guest opinions and my opinions are not a recommendation to buy or sell any stocks or securities, just opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this podcast and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I talk, write or think about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

Mark and I talk the economy, the election, Tesla and beer.  Support QTR My near-daily blog, Fringe Finance. Get 40% off a subscription: https://quoththeraven.substack.com/subscribe?coupon=fa90a2a2&utm_content= Contribute a donation to the podcast via Patreon: https://www.patreon.com/QTRResearch Follow me on YouTube, and Twitter Please show love to those who support the QTR Podcast:  JM Bullion - where QTR buys gold & silver - email [email protected]  - Twitter: @JMBullion George Gammon - Rebel Capitalist Pro - Twitter: @GeorgeGammon Longest Running Supporters   Max Mulvihill - Since 2/2018  Mark Heywood - Since 3/2018 Kyle Thomas - Since 4/2018  Chris Bede - Since 5/2018  Dariusz Kordonski - Since 5/2018  Chris Gerrard - Since 5/2018 Shear Luck - Since 5/2018   Founding Members Of My "FRINGE FINANCE" Column Kashumba - Since 8/2021 Randy Carder - Since 8/2021 T Gaggiotti - Since 8/2021 Jamie - Since 8/2021 A Farmer - Since 9/2021 Harvest Moon Research - Since 9/2021 John H. H. - Since 11/2021 Mark Hutchinson - Since 11/2021 Joseph K. H. - Since 10/2021 A Farmer - Since 9/2021 Tsniezyk - Since 9/2021 Chris - Since 12/2021 All podcast content is subject to this disclaimer, which you should read slowly, multiple times.   QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This podcast represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. Guests have not been fact checked. Guest opinions and my opinions are not a recommendation to buy or sell any stocks or securities, just opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this podcast and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I talk, write or think about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

In this conversation, Peter Schiff and I talk the current state of the U.S. economy, the stock market, the dollar and precious metals. We discuss: The recent surge in gold prices and whether it will hit $3,000 by the end of the year or potentially $6,000 next year. Both Schiff and I express concerns about the U.S. economy being "broke," the potential shift toward socialism, and rampant inflation driven by Modern Monetary Theory. Peter Schiff compares today’s gold bull market to the 1970s, emphasizing that this is the beginning of a new bull market, unlike 1979 when the market peaked. Schiff argues that while interest rates in 1979 ended the gold bull market, the current trend of rate cuts will continue to fuel gold's rise, highlighting the Fed's inability to combat inflation effectively. The conversation touches on the inflation-adjusted gold price, suggesting that gold remains undervalued when adjusted for true inflation, which CPI doesn't accurately reflect. The strange phenomenon of retail investors selling gold during one of its best-performing years is highlighted, attributing this to a lack of confidence and distraction by Bitcoin. The role of Bitcoin as a distraction from gold investments is discussed, with Schiff noting that Bitcoin has underperformed relative to gold and criticizing Bitcoin as “fool’s gold.” Schiff predicts a significant fall in the value of the U.S. dollar, exacerbated by trade deficits and foreign central banks' increasing preference for gold over U.S. dollars. Schiff forecasts a looming crisis in the bond market, where rising long-term yields will signal a loss of confidence in U.S. credit quality, further driving gold’s rise. The mainstream financial media's neglect of gold’s rise is criticized, with both agreeing that gold’s significance as a monetary metal is being ignored, especially compared to the attention given to stocks and Bitcoin. Support QTR My near-daily blog, Fringe Finance. Get 40% off a subscription: https://quoththeraven.substack.com/subscribe?coupon=fa90a2a2&utm_content= Contribute a donation to the podcast via Patreon: https://www.patreon.com/QTRResearch Follow me on YouTube, and Twitter Please show love to those who support the QTR Podcast:  JM Bullion - where QTR buys gold & silver - email [email protected]  - Twitter: @JMBullion George Gammon - Rebel Capitalist Pro - Twitter: @GeorgeGammon Longest Running Supporters   Max Mulvihill - Since 2/2018  Mark Heywood - Since 3/2018 Kyle Thomas - Since 4/2018  Chris Bede - Since 5/2018  Dariusz Kordonski - Since 5/2018  Chris Gerrard - Since 5/2018 Shear Luck - Since 5/2018   Founding Members Of My "FRINGE FINANCE" Column Kashumba - Since 8/2021 Randy Carder - Since 8/2021 T Gaggiotti - Since 8/2021 Jamie - Since 8/2021 A Farmer - Since 9/2021 Harvest Moon Research - Since 9/2021 John H. H. - Since 11/2021 Mark Hutchinson - Since 11/2021 Joseph K. H. - Since 10/2021 A Farmer - Since 9/2021 Tsniezyk - Since 9/2021 Chris - Since 12/2021 All podcast content is subject to this disclaimer, which you should read slowly, multiple times.   QTR’s Disclaimer: Please read my full legal disclaimer on my About page here. This podcast represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. Guests have not been fact checked. Guest opinions and my opinions are not a recommendation to buy or sell any stocks or securities, just opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this podcast and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I talk, write or think about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.