stock market crash

[TheGreenBastard]

No, not correlated. More folks own spot gold than there is physical gold to honour the contract.

Also worth noting HSBC holds the majority of spot gold contracts. A bank that is on the verge of going belly up.

So the perceived value of spot gold doesn't track gold-propers value?

You might see where I'm going with this in the relation to the other poster highlighting your contradiction.

If financial instrument contracts stop being honoured, stocks and shares will be next, then Mad Max society. Sounds like you recommend in investing in real-world tangible assets, physical gold, real estate, crypto?!

[AtW]

Also worth noting HSBC holds the majority of spot gold contracts. A bank that is on the verge of going belly up.

Show proof for both.

[scooterscot]

I am somewhat seriously considering liquidating all holdings for 6 months if there are any signs. Crazy?

And 6 months later you'll still have all your holdings. Right now, in these times of uncertainty & volatility, that sounds pretty good.

[scooterscot]

I have just entered the market at 26k on shares.......

crazy

[wantacontract]

crazy

we shall see!

[d000hg]

My broker advisers their big customers are responding with cautious buying rather than selling. While I'm familiar with the idea to buy low to mitigate losses, I don't have additional investment cash.

I do something wonder: is their job to do best for me, or the market? I get they do not and should not want to encourage a run but on the other hand as a private investor in the £100k range, should I trust their advice or consider they are trying to buoy the market?

This is a decent firm...


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[DealorNoDeal]

No, not correlated. More folks own spot gold than there is physical gold to honour the contract.

Also worth noting HSBC holds the majority of spot gold contracts. A bank that is on the verge of going belly up.

There may be a bit of a disconnect but the spot market still looks to be in the early stages of a major bull market.

Technical Gold Charts and Data - London Fix

Rising 200-dma ✔
60-dma above 200-dma ✔

Price only briefly dipped below 200-dma, and immediately recovered.

[AtW]

Today is the only day when Poopers’ squiggly lines mean anything, but only when posted before noon

[GhostofTarbera]

How on earth are the markets not in free fall? They have only dropped 20% from peak




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[Scruff]

The cat is in Micro-gravity...