2020 Collapse

Discussion in 'Markets & Economies' started by TreasureHunter, Dec 8, 2019.

  1. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    3,114
    Likes Received:
    566
    Trophy Points:
    113
    Location:
    Treasure Island
    Gold jumped 59 $ today.

    It would be nice to buy platinum as 600-700 $ now, but which crazy dealer would be "fair enough" to sell at a "normal price"?
     
    sgbuyer likes this.
  2. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,390
    Likes Received:
    201
    Trophy Points:
    63
    Location:
    Gold Coast QLD
    its you tin foil had bidage that need to figure it out
     
  3. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,390
    Likes Received:
    201
    Trophy Points:
    63
    Location:
    Gold Coast QLD
    NO HE HAS NOT! please you anti Trumper leftists nut jobs are really grabbing at straws here
     
  4. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    1,365
    Likes Received:
    1,045
    Trophy Points:
    113
    Dont be mad. He lied to all of us equally.
     
  5. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,390
    Likes Received:
    201
    Trophy Points:
    63
    Location:
    Gold Coast QLD
    not mad braught just laughing at you leftards
    Orange
    Man
    Bad
    !!!
     
  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    2,218
    Likes Received:
    1,268
    Trophy Points:
    113
    Location:
    Singapore
    If you plan to hold long term until fuel cell demand appears, a 10% premium don’t matter. I might get another 100g bar for fun, but my focus is now on mining stocks.
     
  7. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    6,417
    Likes Received:
    1,303
    Trophy Points:
    113
    Location:
    Sydney
    @Court Jester,

    If you're playing a poker game and you look around the table and and can't tell who the sucker is, it's you.

    Paul Newman
     
    l***g likes this.
  8. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    1,365
    Likes Received:
    1,045
    Trophy Points:
    113
    Trump is to blame for all of this. "Mr No Gains" has inflated a fake bubble by printing trillions and now its popped.
    His leftist socialist policies have failed like the rest before him.

    Socialism never works.
     
  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    1,365
    Likes Received:
    1,045
    Trophy Points:
    113
    All no gains had to do was be honest and he couldn't even do that.
    Fed puppets arent allowed to be honest. They work for the fed, not the people.
    Now he will live with this massive failure and the biggest crash in history on his pathetic watch. Hope selling out was worth it for him haha.
    Maybe next time the neocon hero will do better but I wouldnt count on it. Everyone saw this coming a mile away!
     
  10. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    3,114
    Likes Received:
    566
    Trophy Points:
    113
    Location:
    Treasure Island
    If toilet paper is running out in your city/country, this ancient technique could work:

     
  11. lucky luke

    lucky luke Active Member Silver Stacker

    Joined:
    May 15, 2011
    Messages:
    1,851
    Likes Received:
    12
    Trophy Points:
    38
    Location:
    Qld
    The element of national control within Fascism, Corporate Fascism or titles such as "National Socialist Democratic Party" may be a future problem....
     
    JohnnyBravo300 likes this.
  12. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    3,114
    Likes Received:
    566
    Trophy Points:
    113
    Location:
    Treasure Island
  13. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    3,114
    Likes Received:
    566
    Trophy Points:
    113
    Location:
    Treasure Island
    Zerohedge:

    "The US Department of Labor reports a stunning increase of 3.283 million people sought initial jobless claims last week amid the virus lockdowns (almost double the expectation of a 1.7million increase)."

    Source article:
    https://www.zerohedge.com/personal-...on-americans-just-filed-unemployment-benefits


    Multiple European countries are expecting hundreds of thousands, some even 1+ million new unemployed this year.
     
  14. pmbug

    pmbug Active Member

    Joined:
    Oct 22, 2011
    Messages:
    308
    Likes Received:
    68
    Trophy Points:
    28
    Location:
    Texas
    Take that 3.283 million number with a grain of salt. It's going to get revised upwards.

    https://www.marketwatch.com/story/n...-other-states-2020-03-26?mod=newsviewer_click
     
  15. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    3,114
    Likes Received:
    566
    Trophy Points:
    113
    Location:
    Treasure Island
    ^
    I'm reading conflicting figures. I'll research and wait a few days to hear the big voices: Schiff, Roubini, Jickards, Faber...
     
  16. hardyakkagold

    hardyakkagold Member

    Joined:
    Mar 25, 2020
    Messages:
    65
    Likes Received:
    98
    Trophy Points:
    18
    Location:
    Melbourne
    Complete insanity seems to have now gripped the financial markets ( or maybe the plunge protection team now has unlimited funds ).
    I was expecting a 2000 points down day on the Dow last night on those horrendous jobless claims in the US.
    Instead I see that the Dow 30 finished up 1351 points.
    Unbloody believable!
     
  17. pmbug

    pmbug Active Member

    Joined:
    Oct 22, 2011
    Messages:
    308
    Likes Received:
    68
    Trophy Points:
    28
    Location:
    Texas
    Fed balance sheet went from 4.7T last week to 5.3T (reported today, data through yesterday). Will be very interesting to see where it is Thursday next week (when they publish the next weekly report).
     
  18. hardyakkagold

    hardyakkagold Member

    Joined:
    Mar 25, 2020
    Messages:
    65
    Likes Received:
    98
    Trophy Points:
    18
    Location:
    Melbourne
    There is only one way I can see it going.

    I read that Mnuchin has been quoted as saying that the jobless numbers are not relevant now!

    Maybe they are not relevant to the greedy SOB investment bankers like himself, but they damn relevant to all the people
    who's livelihoods are being destroyed.
     
    Silver260 and alor like this.
  19. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    8,759
    Likes Received:
    1,965
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    ship that toxic numbers to China
    irrelevant
     
  20. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    3,114
    Likes Received:
    566
    Trophy Points:
    113
    Location:
    Treasure Island

Share This Page