That is not raising cash, that is still borrowing, when the asset value falls below the leverage level, no more borrowing and a margin call begins ...... Musk has already been at that point when Tesla was a dirty word, SpaceX is headed that way because both Tesla and SpaceX loans are approaching their roll over dates, no improvement in perceived asset value will mean the whole show is already over leveraged .... and the house of cards comes tumbling down ..... Financial institutions don't lend money on dreams and SiFi fairytales .... although they did in the last financial crash, so who knows ..... The think that many still haven't learnt from the previous crashes, there is no such thing as "Too big to fail" T1 Terry
Part of their problem is what is the alternative? When my $9,000 Tesla battery got ‘cooked’: Can I buy a replacement EV for $9,000? Can I afford to drive an ICE that wears out too? The only way that made sense was to pay what it would take to replace an ICE engine and transmission with the Tesla battery. But investors face a big problem … who else besides TSLA? Nuclear - light water reactors, dead end Fusion - only 30 years to go AI + robots - are not shopping at Walmart “Golden Egg Goose” mutual fund - already committed to TSLA and nuclear plant debts I wish them no harm but have no envy of their options. Bob Wilson
'what is the alternative' has been a Wall Street problem for a long time now. that's why there are so many more risky opportunities. too much money chasing to few investments
Buy silver or if you can find it, copper, both are needed in the advances to come at some time in the future, at least they will still be worth something and continue to be worth more each yr. Or, invest in solar and an EV that you can connect up to store your excess solar and be able to draw on at night, Sigenergy make a proven set up. Try to make yourself as self supporting as possible, that will help to get you through the next 5 to 10 yrs. The world is about to go through a very rough patch, the US maybe rougher than most, although Russia isn't going too well either. T1 Terry
Silver Prices: Analysts Predict 50% Drop as Mania Peaks | SLV - TheStreet Gold prices tank 12% in biggest sell-off since 1980; what triggered the crash? ....maybe getting any type of financial advice from a random internet poster on an auto forum.... .doesn't pass the sensible test
...life is a rough patch... The Great Depression World War I World War II The Bubonic Plague Ghengis Khan The Holocaust the Civil War ....modern life doesn't compare to that type of suffering...
Thank you EF hutton. The great thing about people that toot their own crystal ball reading prognostications is that they will shout from the rooftop, "see? I was right!", if in fact they're lucky guess was right. knowing full well when things go great - nobody remembers the good stuff they were horribly wrong about.
