Joel

Male
from Texas

    • Austin0434 asked Joel a question

      Can I pay you just so you can teach me all what you know?

      Answered: Feb 12, 2016

      You can't afford it.

    • OrangeFlavouredCondom asked Joel a question

      I know you would have been asked this numerous times, But what was it that made you interested in stocks, oil, gold, gas prises, and stuff like that?

      Answered: Feb 12, 2016

      Being poor.

    • gi_goku asked Joel a question

      I have $300 to invest. Would recommend a 13 month CD or a mutual fund?

      Answered: Feb 12, 2016

      When investing you have to ask yourself, "how long can I go without this money? What are my tolerances?" There's an ETF I've been recommending forever, $TLT. Warning you're buy a bond bubble, but it's has to keep going up, or it's the end of the world. Other than that, I would honestly go out and buy 1 oz silver bullion coins. Not rare coins, just bullion, you're buying the silver, not the ancient marking from a lost empire.

    • PinkPortrait asked Joel a question

      Why wouldn't it be worth the time?

      Answered: Feb 6, 2016

      People aren't really into it, & I have no problem with that.

    • Antoniia asked Joel a question

      I want to add some economic books to my bookshelf. Any recommendations? I'm currently reading "How an Economy Grows and Why It Crashes" and I just got a book called "Freakonomics".

      Answered: Feb 6, 2016

      Check comment section of last entry

    • aquanette123 asked Joel a question

      Would you be able to convince the others to let you have your own podcast where you jusg rant about the economy and gold?

      Answered: Feb 6, 2016

      Don't need to convince anyone. Just not sure it's worth the time to do it.

    • Joel

      1 week ago

    • Joel

      Fed Blinked Today?

      1 week ago

      I have spelled out exactly, exactly, what was going to happen in Dec, and earlier. ..So, it turns out the strong dollar is killing us.


      Since the rate hike the DOW has been down over 2000 points. Yesterday it was down over 300. It was down this morning until it reversed hard on the Dudley Speech. Dudley acknowledged "tightening" conditions." Let me translate what "tighten conditions" means: equity markets acknowledging the reality that the economy is fucked. Why is it fucked? Too much debt too much stimulus. How will the Fed "help"? They will add more debt and stimulus. Will the market see Dudley's speech as a reversal? Equity markets love debt and stimulus, so now might be a good time to cover shorts if we are seeing that reversal. I didn't think it would happen THIS fast, but we'll see. Regardless, it is coming and finally, people are starting to 'get it'. Starting to connect these dots. There is no leaving ZIRP. It is impossible. People are (finally) starting to figure out that the Fed has solved nothing, and the economy is not in good shape. Can the Fed create more stimulus to mask the truth? Yes. The real question is, again, if they reverse and markets don't react, then the game is over. We are going to get more stimulus than ever, we are going back to zero, and we will join Europe and Japan and go negative. (Unless the whole thing collapses first) You just have to ask yourself how many more rounds of 'stupid' do we have to endure before people get this? There are so many signals that the global economy is breaking, its hard to keep up with them. It is a very real possible, (and likely) that we don't get out of 2016 without the worst financial crisis ever. But we'll see how much longer they can hold back the tide. Watch for a dollar reversal.


      Partial list of symptoms of the same disease:

      -3 consecutive quarters of manufacturing contraction (technical)

      -2 consecutive quarters of earnings declines (technical) (we never not had a crash when this happens)

      -Labor force participation 40 year lows

      -Japan goes negative (Kruroda lied to us!) "No limit" (Yen goes up, ha)

      -Japan closes 10 year auction, no buyers (really!?)

      -Draghi "whatever it takes" speech last week

      -China dollar peg (impossible)

      -Saudi Arabia dollar peg

      -Puerto Rico bond default

      -Copper signaling deflation near all time lows (stimulus will reverse this?)

      -Oil signaling deflation near all time lows (stimulus will reverse this?)

      -Baltic Dry Index all time lows (major indicator of global activity)

      -Junk bond yields crashing

      -Shale bubble popping

      -National debt 19 trillion (will have to double to 40 trillion for next pres)

      -Deutsche Bank stock crashing (biggest holder of derivatives, $64t)

      -Brazil full blown depression

      -US Service PMI numbers falling now


      Anyway, more fun to come.


    • Joel

      ...Anyway

      3 weeks ago

      I'm proud of the Sportsball chicken...

    • Joel

      Zero before One

      3 weeks ago

      I said it was impossible for the Fed to raise rates, and now they're finding out why. I said they never could, now they're wishing they never did. At some point we are going to see a crisis that is going to be orders of magnitude bigger than anything anyone we have ever seen before, ever. I've maintained there is one last thing that can happen to (temporally) stop it: market gains perception of a fed reversal. I've stated all this before and spelled out almost exactly how this is going to go in an earlier entry. They certainly can't come out (almost immediately) and reverse for fear of losing all credibility, so I'm not sure how we don't see more pain directly ahead. (more market intervention?) In any case, once we see that cycle I don't know how long it will last (another year, an hour??) Can we get to mid to late 16'? I'm not so sure anymore. How much longer can market participants not see what is so obvious? The Fed has put this off for so long that now the pent-up market forces are going to be like a tsunami when it finally does break. This is going to effect everyone and I don't think there are many places for real money to hide. If you're not in stocks, this is still going to effect you.

      -Things that are clearly happening:

      -Shale bubble is popping? Dallas fed working with banks bail out shale producers/banks. (Loans are going bad)

      -US dollar peg (China, Saudi Arabia) under pressure

      -Oil continuing to collapse. Global deflation is out of control.

      -Emerging markets under pressure

      -Worst of all, something is clearly wrong (since last month) in the credit markets.

      https://www.youtube.com/watch?v=PZ7W0PEwhYk

      That is what this is all about, credit and debt. If you live by it, you are going to die by it. Debt must keep expanding, or the whole thing breaks. We are starting to see credit seize up. Again, not rocket science: You can't solve a debt problem by adding more debt.

      Over the past couple of years I have some inane conversation about gold, but it's not about understanding gold, it's about understanding all the paper swirling around it. Once you understand the nature of the paper, you can begin to understand gold.

  • Comments (21692)

    • Austin0434

      10 hours ago

      thank you for answering my question.

      You made my week.

    • mistFAWKES

      1 week ago

      hey dude did you see The Big Short yet? what do you think of banks rebranding CDOs as bespoke tranche opportunities? i was thinking, i bet a lot ofpeople are gonna see that movie and try to short them. if hella people do, and an eft were made for that, THATS what id short, because i bet the banks wont get caught in the same timeframe, and people will try to replicate burry and baum's move not realizing they don't have the capital to pay the premiums. so their credit default swaps (if they're allowed to buy them against bespoke tranche opportunities) go bust, the etf (that doesnt exist yet) drops, and your short position is now profitable. no clue what the basis points on shorting a fuckin etf is though. way out of my league. interested to see ur take on it, it's fucking astonishing that they are pulling the CDO play again...

    • MassDefect

      1 month ago

      With the lack of hockey in sportsball i was wondering if you would be interested in a complied video segment about weekly hockey? Like a hockey round up? I can look into that and might be able to help if that is something you are interested in.

    • Cinomari Parabola of Mystery

      2 months ago

      You should write a journal for college students that need to figure out money. You're the only one I trust with this.

      • mistFAWKES

        1 week ago

        step one: dont spend it. step two: graduate.

    • gi_goku Anime Fan

      2 months ago

      I recently found this and I found it pretty funny.

      http://www.tickld.com/x/jaw/capitalism-explained?u...

      Just tell me what you think of it.

      • mistFAWKES

        1 week ago

        "you have two cows, but you dont know where they are. you break for lunch" i died

    • St_franz Joelaholic

      3 months ago

      Joel...I must see that childhood photo of you. For science.

    • Javi_in_1080p

      4 months ago

      nice running into you at the carwash! Keep the 911 clean

    • Kiwi OCC Time Lord

      4 months ago

      5182e09f74374d49d6037b0c68ee8491.jpg

    • St_franz Joelaholic

      4 months ago

      Happy birthday! <3<3<3

    • webspinner

      5 months ago

      I find it ridiculous that the best financial advice I've ever had is from some guy on the internet that plays a possibly mentally handicapped space warrior in a series filmed through a video game, but hell, I'm not complaining.

      Thanks dude, chilling out with a beer enjoying the apartment I never thought I'd be able to afford.

      Cheers!

    • St_franz Joelaholic

      5 months ago

      I'm drunk and you're sexy

      • St_franz Joelaholic

        5 months ago

        GDI drunk me

    • Moeparker Ghost

      5 months ago

      What's the story with the pug in the sweater picture? He's a cutie pie

    • oODADEOo

      5 months ago

      JOEL! I've got 50% in GD Stock 38% in S&P 500 Equity index and 18% in Large Cap EQ Fund what can I expect here? Should I run for the hills? Please Advise.

    • Ethan Graphic Designer

      5 months ago

      1165535-1441067201775-Joel_shirt.jpg

    • BuckeyeDon Crackpottist

      5 months ago

      Watching the Dow drop is like watching a submarine sink and succumb to crushing pressure and no one can do anything about it.

    • St_franz Joelaholic

      6 months ago

      Thank you for the hug <3 By the way, you got me hooked on Agario, you bastard.

    • Ethan Graphic Designer

      7 months ago

    • Ethan Graphic Designer

      8 months ago

      you are my ringtone, and it confuses a lot of people. thank you.

    • garff

      8 months ago

      DYY jokes aside, i'm looking at adding to my portfolio over the summer, any good suggestions? Iv made about a 15% return off your podcast advise in the past so I'm back again. Been looking at ENS and POWR. What have you been looking at lately sir?

    • Ati

      8 months ago

      O compose

    • Cheyza

      8 months ago

      Whenever some annoying and nosy little twit asks "...just exactly how much DO you drink?" Just stare at them then slowly say "Not nearly enough."
      smiley1.gif

    • St_franz Joelaholic

      8 months ago

      Missed you in the shorts, Joel! You always knock it out of the park <3

    • Anon_Akiyo

      8 months ago

      Caboose is my favorite character.
      Joel is my favorite guy from Rooster Teeth.
      Do I really need to elaborate more?
      Keep watching them stocks bud.
      (Nice pug by the way XD)

    • Bendaren

      8 months ago

      Hi Joel,
      Im benjamin and i love How To.
      I watch it every Friday and it's always so funny.
      But I'l get to the point.
      As I said before I really like How to, but i would love to get the How To shirt.
      But it isn't available in the Uk store. I know you can probably do nothing about that but I would just really love a How To shirt. If it were to be possible it would be so great! Hope its possible. Maybe hear from you later?
      -Benjamin

    • Dylan_rvb

      8 months ago

      Hey Joel what up

    • GLORP

      8 months ago

      Joel,
      You may not read this but there is a girl in Rhode Island that is a huge fan of all things RT. Last year she was diagnosed with chronic Lyme Disease and has been unable to do the things a normal girl should be able to do. Tomorrow, Wednesday May 13, is her 16th birthday. She will not be able to celebrate it as she should due to her disease. Furthermore, tomorrow she will begin using IV bags that will make her feel like she has the flu. I have talked very briefly with her and she asked me to contact you to thank you (for what exact purpose I do not know), and said to ask for a temporary follow on Twitter @Lindsey_Clark11 or a friend request on this site. Her RT username is lindsey_11. What I am trying to do with this message is make her tomorrows featured user, but I don't know if I'm too late to make that deadline. I encourage you to please read the rest of her story as she said it on her Tumblr loserwithlyme.tumblr.com/

    • Ethan Graphic Designer

      9 months ago

      I've been re-listening to some of the old podcasts and I did a spit take onto a stranger in the middle of the New York City subway during rush hour because of something you said. Thank you for making my day, and ruining someone else's

    • St_franz Joelaholic

      9 months ago

      SN6grT4.jpg

    • BuddyLove322

      9 months ago

      Watching Friends. Seen you in it. Wish they could of used you better.

    • St_franz Joelaholic

      9 months ago

      How To: I am bread was the best thing ever. I don't think I've ever laughed so hard.
      I love you to pieces Joel, but I noticed Adam's grating habit of taking Jesus' name in vain has rubbed off on you. Come on, you're better than that.

    • Cheyza

      10 months ago

      Gungrave.

    • Spartan11311

      10 months ago

      HOW TO: with Joel and Adam... is the best god damn thing ever in the whole entire god damn history of the vast god damn multiverse that could ever be conceived by human beings, or any other species, creatures, or spiritual entities... I applaude you, good sirs!!

    • Guitarthur

      10 months ago

      DYY up 8%

    • amyo68066

      10 months ago

      Hey Joel! I love how you tell stories 😀

    • lobomon13

      10 months ago

      you're random, random is fun though

    • Teslianu NO, FLUFFY!

      11 months ago

      you're an odd one, but i like it.

    • Ethan Graphic Designer

      11 months ago

      SO why do you have 3d glasses as an award?

    • Mermaidslur

      11 months ago

      In this universe the word bitches has a .000002 % chance of granting a wish.

    • St_franz Joelaholic

      11 months ago

      How did they manage to tame your hair in Sim0ne and Lazer Team?? And a better question is why mess with perfection?

    • St_franz Joelaholic

      11 months ago

      Joel, you faved a drawing of mine on twitter not too long ago. Just wanted to let you know it made my day :)

    • Thinglord The Clown

      11 months ago

      Hope you have a Plup-Tent Warm fuzzies day, Panther tamer Joel

    • Mermaidslur

      11 months ago

      Watching The Inside, (A show so dark it's almost funny) and at the very start who turns up? I hope you know the answer because I clearly already forgot.

    • Gorczy The Real Slim Shady

      11 months ago

      funny-dog-monocle-top-hat-pipe.jpg

    • MasterNikslg

      11 months ago

      What game are you gonna choose for next "How to:"?

    • St_franz Joelaholic

      1 year ago

      What, are you commenting back now?? Cause I also think you're funny and handsome and great. <3

    • aerostreak THE GEE

      1 year ago

      Everytime I hear Caboose talk, it makes me happy no matter how I feel ;_;

      Thank you for making me happy

    • AlleyCat1204

      1 year ago

      I think you are the funniest person ever. of all time.

    • JudaiYuki

      1 year ago

      You are seriously one of the funniest people I've ever encountered on the internet. Thanks for making me laugh dude!

      • JudaiYuki

        1 year ago

        No problem :)

      • Joel

        1 year ago

        Thank you :)

  • Questions answered by Joel

    When investing you have to ask yourself, "how long can I go without this money? What are my tolerances?" There's an ETF I've been recommending forever, $TLT. Warning you're buy a bond bubble, but it's has to keep going up, or it's the end of the world. Other than that, I would honestly go out and buy 1 oz silver bullion coins. Not rare coins, just bullion, you're buying the silver, not the ancient marking from a lost empire.

    People aren't really into it, & I have no problem with that.