My last post was a bit of a mess. This past week was extremely volatile in the markets, especially leading up to the 'big boy' NATO press conference last night. So let's check in now, the day after, and see where things have settled.
The main one, 'Who will win the election' on Predicit, Trump is still in the lead at about 60%, Kamala actually in second at 24%, and Biden third at 23%. It appears that, somehow, the press conference last night actually helped Biden a tiny bit. Right at the start of it there was a huge spike in volume that saw Biden go from 17 to 20% and Kamala go from 28 to 23%. I watched every second of that press conference and I guess it could have been worse but it was far, far from comforting if you're a Democrat. Biden is so clearly done for. It's just a matter of time at this point.
As for the the market 'Who will be the Democratic nominee", Kamala is in the lead now, by a decent margin too. She's at 46% and Biden is at 41%.
Like I said before, I'm not going to get too into the election on here this year. Last time was completely different because I was able to bet on it, of course. And I know no one is here for my political takes solely. I like to have some kind of betting/investing angle to everything in here. I might make a few posts here and there when/if there are big moves in the markets but not much more than that.
One random nugget. I watched an incredible interview on youtube a couple weeks ago. It was with David Packouz who was the real guy behind the Miles Teller character in the movie War Dogs. He was a logistics guy who paired up with a real brutal scumbag kind of guy (the Jonah Hill character who they made WAY too nice in the movie) to get into government contracting work. They did all kinds of stuff but the main thing was arms. He told a super interesting story about how they middle manned an agreement between the US military and Kosovo/Albania. The short of it is that as the Bush administration was going out and Obama was coming in, the Bush people thought that the Democrats would pull out of Afghanistan immediately. So they wanted to arm the Afghans to the teeth before they left the White House (another example of short sighted and dumb forgien policy by the US). A few years earlier, this little weirdo eastern European country convinced itself that a full scale American invasion was coming any day. They were arming literally every single man, woman and child with whatever they could find. Well the invasion never came and they were left millions of tons of guns and ammo which they not only didn't need, but were required to get rid of due to something with NATO. So these two guys simply middle manned a deal between this Albania country and America. They bought all kinds of guns and ammo for super cheap and had it delivered to the US military. Pretty interesting way to make money. I suggest you watch the whole interview. One quick little thing I learned is that one grenade is equal to 10 high capacity bullets.
That's really it for now. Sorry for the lackluster couple of posts and the dearth of posts in general lately. Bit of a summer lull all around I suppose.
BTC price: $58k
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