2020 Collapse

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

  1. Millennial Engineer

    Millennial Engineer Member

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    I was under the impression that a Biden win would be more positive for Stocks then a Trump Win. (I perceive that Biden would provide more easy money then Trump to Wall Street).

    , Biden is still leading in most mainstream polls.
    Hence stocks were pricing in a Biden win.
    I have also noticed that price of PM, when there is a large disruption follow stocks,

    So imo if Trump Wins PM will initially go down with stocks. After that separate and return to norm then continue on their macro bull run.
     
    mmm....shiney! likes this.
  2. alor

    alor Well-Known Member Silver Stacker

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    March 2020 drop was avoided, we have 2 months left for the collapse to not happen anyway
    a new 2021 collapse is in order
    it would be a shithole president in 2021
     
  3. Millennial Engineer

    Millennial Engineer Member

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    Could be my confirmation bias and i am sure there are other factors at work here, but in the later part of OCT 2020 SMP 500 has dropped 5%, this was when the news about the Biden laptop broke and Biden said he would ban Fracking in the second debate.

    So some currency anticipating a Biden win has drained out of the Stock market.
     
  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The Dow index today is really a big tech and ESG index. If Trump wins, the pandemic will be declared over, the purpose of which is to oust him no longer exists, and the Dow will fall initially but I don’t expect a big fall as the real economy components of the Dow will rally.
     
  5. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Maybe Trump is king alfred?

     
  6. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    ^ good show that
     
  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I didn't watched all of it, but it's a good show. Safe for teenagers.
     
  8. shinymetal

    shinymetal Well-Known Member

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    I don't really watch much, but I'll give that episode a go.

    This is opening prayer from Trumps 2020 campaign launch
    If you don't want to watch the whole thing skip too 3 minutes.
    THIS IS A SPIRITUAL WAR,
    The future of humanity is at stake.
     
  9. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Lesson of story is, do not go against the mega trend. Time is running out for corrupted politicians. With alt media, leaks, they can't hide.
     
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  10. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    The selection is already over so just a matter of time to see who wins.
    The voting charade gives sheeple hope that things will get better If "their team wins". haha.
    Same shit different day. Print print print.
     
  11. Davros10

    Davros10 Well-Known Member Silver Stacker

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    More than any other US election, this one seems to be a whole lot more about voting against the guy you hate. I'd reckon it almost wouldn't matter what else comes out about the Hunter Biden laptop, those voting against Trump won't change their vote.
     
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  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Ever since the existence of the laptop was known, Biden and Pelosi have gone into some kind of mental fog. You could see it in the second debate, Biden deviated from the script. Yesterday, Pelosi says Biden will be president regardless of the vote result.

    I wonder if the real contents of the laptop will see the light of the day. :)
     
    Last edited: Oct 31, 2020
  13. TreasureHunter

    TreasureHunter Well-Known Member

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    Gold could drop to 1840 $ in the short-run, I believe this could happen now until the elections. But we're in uncertainty.
    It seems like everyone is careful about gold's and the dollar's direction post-elections.

    But this will be a good band wagon to sit on. For small people as well. Buy one of them and you can gain.

    For some reason I'm more inclined to see gold go down and the dollar up.

    Here's why:
    - gold is already up a lot (and it's been at an all time high for quite a while), so it needs to "breathe"
    - the US has recently reported 33+ % economic growth, which is a positive signal for the dollar
    - the dollar just started moving up a few days ago
    - Corona is spreading brutally in Europe (it affects the euro badly)
    - central banks started selling gold (Turkey and Uzbekistan, namely... but they might have economic problems, that might be the reason behind it),
    while the purchases of gold by central banks is down:
    https://www.bloomberg.com/news/arti...-gold-for-first-time-in-decade-as-virus-bites
    - is that a triangle on gold's chart? :D uncertainty: might move up or down...

    GOLD:
    [​IMG]


    Central banks have recently become net sellers of gold (yes, Uzbekistan and Turkey sold only, as far as media is reporting), but it's also interesting to
    notice that no-one else bought in Q3:

    [​IMG]


    I think gold MIGHT take a deeper dive soon. (might).
     
    Last edited: Oct 31, 2020
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  14. Millennial Engineer

    Millennial Engineer Member

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    I see it as Selected to be Elected is how I have seen it.

    How to win a war? Lead both sides.

    How to win a war, (TPTB & Big Government) against the people? Select the most decisive people possible to divide the masses as much as possible and keep the masses fighting among themselves.
     
    Last edited: Oct 31, 2020
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  15. alor

    alor Well-Known Member Silver Stacker

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    when the crash started, the exodus begin
    there will be no way to get back up
     
  16. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Agree with your analysis based on the current situation. A drop to $1840 is only a drop of 2% and it will be negated by the rise in the dollar. But on the other hand, if there were to be "civil war" as a result of a contested election, gold may rise. India is also on the way to achieve herd immunity for it's 1.5 billion people by Q1 2021 so as the largest consumer of gold, it will be positive.


     
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  17. TreasureHunter

    TreasureHunter Well-Known Member

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    This is a very interesting analysis on gold's rallies with technical analysis - the long-term trend is particularly interesting:



    According to the video, a "cup and handle" are about to form - which means a huge climb could ignite in several months. But until then, we might see a dip down to the mid-1700's.

    I also expect a dip. The question is whether it will be a sharp short-lived drop or a long gradual drop in gold's price.

    I think the next dip will precede a more powerful uptrend towards the next historic high. But until then, we'll have to get through this dip and the US elections (which will either deepen the correction of empower gold to climb).
     
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  18. madaw1

    madaw1 Well-Known Member

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    [email protected]! Sorry to say,but you are ahead of yourself. Go back and read please this post again. I've only confirmed the facts from my sources what @spannermonkey was saying is true .I can't comment if this prove or doesn't prove that there are any puppet masters. You could be right,but you can be wrong as well. On the contrary- Some people believe only in your own EGO(God Edge Out) in order to be comforted....and the are...
     
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  19. TreasureHunter

    TreasureHunter Well-Known Member

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    Another good Marc Faber interview (from August), still valid now that "recovery" is occurring:


    The 33% GDP growth that the US has recorded now is basically a tiny rebound calculated based on the previous sluggish growth.

    If you walk 10 miles in a day, it's good.
    The next day you walk 2 miles.
    On the 3rd day you walk 4 miles - now the 3rd day you just had 50% growth (vs. day nr.2). But that's -60% vs the first day's 10 mile walk.

    This is the kind of "recovery" that we'll see in most countries. It's actually a contraction.

    If we get a vaccine in November post-elections, as Trump promised, then he will "ride the waves of re-election" to launch the new vaccine.
    This could potentially boost the dollar.

    Right now, foreign exchange dealers/banks are selling dollar at higher price. Forexers seem to know something...
     
  20. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    With lock downs still in place and bans on international flights, you can't expect full recovery. But once the pandemic is declared over and vaccination available, the bounce back will be ballistic. And I will worry more about inflation then.
     

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