2020 Collapse

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

  1. alor

    alor Well-Known Member Silver Stacker

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    by then they would have been banned too from social medias
     
  2. alor

    alor Well-Known Member Silver Stacker

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    the speed of price increase is super
    no wonder those price premiums never narrow down
     
  3. TreasureHunter

    TreasureHunter Well-Known Member

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    I think it's Schiff who'll make a heck-of-a big fortune out of each bull pump.
     
  4. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Schiff has nailed it at every turn except on his estimates of timespans.
    Like hes said before, he never dreamed they could have kept it going for so long, but it's coming nevertheless.
    The prolonged pumping by all the sellouts for the last 10 years has made the bubbles bigger and the crash will be much bigger than it would have been.
     
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  5. TreasureHunter

    TreasureHunter Well-Known Member

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    Marc Faber believes gold and silver are overbought and will enter a correction phase, which could last several months:

    @3:14 the gold and silver correction is coming, the metals are overbought and "you should have bought by now"
    @5:20 real estate prices are rising in the countryside

     
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  6. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    I remember a couple of years ago thinking “I am not looking forward to gold and silver prices launching into the stratosphere because I suspect that I will not enjoy living in the circumstances that made that happen”.
     
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  7. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    And, things are probably going to get more challenging.
     
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  8. leo25

    leo25 Well-Known Member Silver Stacker

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    wow Marc Faber looks like crap.
     
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  9. TreasureHunter

    TreasureHunter Well-Known Member

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    How can you say that? He looks like an aging macho boat captain, prolly full of hookers like John McAfee, Dan Bilzerian... and others :D
    (no, I don't really believe that :D )
     
    Last edited: Aug 5, 2020
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  10. heartastack

    heartastack Well-Known Member Silver Stacker

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    lol what is McAfee not full of?
     
  11. TreasureHunter

    TreasureHunter Well-Known Member

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    His health is shaky due to so much drinking and for some reason he can't live in full safety or just loves danger and is unconsciously seeking it.
     
  12. TreasureHunter

    TreasureHunter Well-Known Member

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    Bro, we just hit 2,030 $ (US).

    You expect a correction?
     
  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    One can't eat gold. Just look at the millions of acres of farmlands submerged in water for more than a month.
     
  14. TreasureHunter

    TreasureHunter Well-Known Member

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    Can you share articles about the floods that you keeps speaking of?

    I can't see those in the media in my area, it seems like there are major problems that are not reported (while fake news of political character assassinations are spreading across mainstream media channels just like funny cat videos and the video about the banana-eating cute bat).
     
  15. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    The floods in china?

    A flu cough shut down the world and a flood isnt even reported haha. Sounds perfect.
     
  16. alor

    alor Well-Known Member Silver Stacker

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    1hr chart play very well with pull backs, still heading up
     
  17. alor

    alor Well-Known Member Silver Stacker

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    https://www.scmp.com/video/china/30...-collapse-northwestern-china-after-heavy-rain
    https://asia.nikkei.com/Economy/Nat...or-typhoon-as-Yangtze-floodwaters-remain-high
    https://www.scmp.com/economy/china-...-video-stokes-public-food-security-fears-amid

    https://www.scmp.com/
    the other side of the view
     
  18. alor

    alor Well-Known Member Silver Stacker

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    it could be blocked by your country medias, here we watch the channel everyday about the floods, its been months already, the rain
     
  19. alor

    alor Well-Known Member Silver Stacker

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    yes we can eat gold

     
  20. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Yeah I've seen pics here in the states and theres been some coverage of it. Maybe not any coverage in other places tho.
    Those poor chinese people get phuked at every turn it seems. They just keep on taking it and taking it haha. They are very strong people for how weak minded they are.
     

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