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stock market crash

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    Originally posted by BABABlackSheep View Post
    So the FTSE is still down what 20-25% since the covid crash low.

    We have the worst pandemic since the spanish flu, we have mass unemployment which will get worse before it gets better, and we are in recession. Brexit... pfft.. not even mentioned anymore.

    So, what’s going to cause this massive crash.. the 4 horsemen of the apocalypse riding over the hill? Asteroid heading our way and no Bruce Willis.

    Crash will no doubt come one day, just not sure soon.
    Heresy, heresy .... burn the witch
    I am what I drink, and I'm a bitter man

    Comment


      Originally posted by BABABlackSheep View Post
      So, what’s going to cause this massive crash..
      When the markets no longer trust central banks to BOOM everything*!




































      *This guarantee does not apply to scootie

      Comment


        Originally posted by jamesbrown View Post
        When the markets no longer trust central banks to BOOM everything*!




































        *This guarantee does not apply to scootie
        Lol....

        Actuallly the correct answer is the markets will crash when it says so on a chart...(sarcasm)

        Of course the problem with charts are they are based on past history, and Chartists spot patterns or signals, or get a computer to do this for them. All well and good apart from the fact the market makers have the same algorithms and must faster computers tapped directly in the market, so your trying to guess a move that’s already been considered and hoping to hang onto the coat tails.

        More simply put Warren Buffett who knows a thing or two about investing said “If past history was all there is to the game, the richest people would be librarians”.

        Comment


          Originally posted by Whorty View Post
          Any minute now we'll be crashing down to 4000 ... it has been foretold in the leaves ....
          Don't be daft - it'll never get above 60.

          Comment


            Originally posted by BABABlackSheep View Post

            So, what’s going to cause this massive crash.. the 4 horsemen of the apocalypse riding over the hill? Asteroid heading our way and no Bruce Willis.

            Crash will no doubt come one day, just not sure soon.
            A credit crunch + deflation.

            Everyone is expecting inflation due to massive money printing. Money printing = rising inflation = higher gold prices. Problem with that is gold was $200 back in 2000 and has gone 10x since then, FED balance sheet has only gone 7x since that time.

            Even more interesting is the printed virtual money by the FED is now being erased. The FED balance sheet has dropped $0.25 trillion since June. Not a peep on the news.

            Deflation will tank the markets. Now ask yourself, why are you expecting inflation when we're already at the top of multiple asset bubbles?
            Last edited by scooterscot; 13 August 2020, 10:46.
            "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

            Comment


              Originally posted by scooterscot View Post
              A credit crunch + deflation.

              Everyone is expecting inflation due to massive money printing.

              ...

              Deflation will tank the markets. Now ask yourself, why are you expecting inflation when we're already at the top of multiple asset bubbles?
              Have you considered that those asset "bubbles" are actual inflation?

              Comment


                Originally posted by scooterscot View Post
                A credit crunch + deflation.

                Everyone is expecting inflation
                due to massive money printing. Money printing = rising inflation = higher gold prices. Probably with that is gold was $200 back in 2000 and has gone 10x since then, FED balance sheet has only gone 7x since that time.

                Even more interesting is the printed virtual money by the FED is now being erased. The FED balance sheet has dropped $0.25 trillion since June. Not a peep on the news.

                Deflation will tank the markets. Now ask yourself, why are you expecting inflation when we're already at the top of multiple asset bubbles?
                No they're not.

                Comment


                  Originally posted by Old Greg View Post
                  No they're not.
                  Then why is everyone bullish on the world's best known inflation hedge, Gold?

                  If you believed deflation is coming you'd be unloading on the shiny stuff quicker than a quick thing with quick bits on it.
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    Originally posted by scooterscot View Post
                    Then why is everyone bullish on the world's best known inflation hedge, Gold?

                    If you believed deflation is coming you'd be unloading on the shiny stuff quicker than a quick thing with quick bits on it.
                    Gold is also a deflation hedge.

                    HTH

                    Comment


                      Originally posted by scooterscot View Post
                      If you believed deflation is coming you'd be unloading on the shiny stuff quicker than a quick thing with quick bits on it.
                      Now ask yourself, are you part of the 97%, or are you taking your own advice and converting all your fiat into gold?

                      Comment

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