October.2014...You have been warned.

E

errol43

New Member
Silver Stacker
The IMF, BIS and the G20 have all in the past three weeks issued warnings about the state of the world's economies.

October has been the month when big corrections have occurred in the Wall St stock market.

Will investors bail out before the bail in comes into force?

I don't know how other SS members feel but I too can sense that something like a black swan is appearing on my radar. :)

What is your slant for the month of October?

REgards Errol 43
 
maybe bundaberg stops producing rum that might be a black swan event :) , anyways grats on the 5k errol
 
homervspattyselma6_thumb.png
 
errol43 said:
The IMF, BIS and the G20 have all in the past three weeks issued warnings about the state of the world's economies.

October has been the month when big corrections have occurred in the Wall St stock market.

Will investors bail out before the bail in comes into force?

I don't know how other SS members feel but I too can sense that something like a black swan is appearing on my radar. :)

What is your slant for the month of October?

REgards Errol 43
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Thanks for the warning. I'll step up contingency plans.
 
sammysilver said:
errol43 said:
The IMF, BIS and the G20 have all in the past three weeks issued warnings about the state of the world's economies.

October has been the month when big corrections have occurred in the Wall St stock market.

Will investors bail out before the bail in comes into force?

I don't know how other SS members feel but I too can sense that something like a black swan is appearing on my radar. :)

What is your slant for the month of October?

REgards Errol 43
Click to expand...

Thanks for the warning. I'll step up contingency plans.
Click to expand...

Would that be to buy more silver?
 
House said:
sammysilver said:
errol43 said:
The IMF, BIS and the G20 have all in the past three weeks issued warnings about the state of the world's economies.

October has been the month when big corrections have occurred in the Wall St stock market.

Will investors bail out before the bail in comes into force?

I don't know how other SS members feel but I too can sense that something like a black swan is appearing on my radar. :)

What is your slant for the month of October?

REgards Errol 43
Click to expand...

Thanks for the warning. I'll step up contingency plans.
Click to expand...

Would that be to buy more silver?
Click to expand...

Maybe the black swan Errol spoke about is the end of QE3.

As to buying more silver, that is a given. It's more the ancillaries, food, water, petrol, cash, etc. I've raised the ante from 2 months to 3 months.
 
There's a "vodka and tomatoe juice" night next week on the eighth so they reckon.

Probably only concerns the middle east though, but hoping for a stary night all the same.

;)
 
What I a saying..Does it seem strange to CONSERVATIVE SS MEMBERS that 3 hi profile financial organizations (IMF, BIS and the G 20) have all issued warnings about the state of the worlds economic state. Will we disregard them now only to be told, you can't say we didn't warn you later down the road.

October has always had a bad record of when Wall ST crashes, eg. the great depression of the 1930's and the stock market crash of 1987.

Ticky fullerton on 'The Business' ABC had a very conservative financial share expert telling her to be careful with share portfolios from now on as big swings in the market are imminent.

Beware the ides of October. :)

Regards Errol 43
 
errol43 said:
What I a saying..Does it seem strange to CONSERVATIVE SS MEMBERS that 3 hi profile financial organizations (IMF, BIS and the G 20) have all issued warnings about the state of the worlds economic state. Will we disregard them now only to be told, you can't say we didn't warn you later down the road.

October has always had a bad record of when Wall ST crashes, eg. the great depression of the 1930's and the stock market crash of 1987.

Ticky fullerton on 'The Business' ABC had a very conservative financial share expert telling her to be careful with share portfolios from now on as big swings in the market are imminent.

Beware the ides of October. :)

Regards Errol 43
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It's seems suspicious. You are completely right.

At this stage, it would be risky in the extreme to ignore the warnings and disregard the potential downside which could be major.

Obviously nothing may happen. But given the current state of the markets, the growing unease and the warnings, the probability of some significant market reversal is something we should prepare for.
 
For people who believe chart analysis, I saw a convincing analysis which described a near term correction that might look scary, but it will recover to see the last leg of the bull market, followed by a catastrophic down leg - think 1929-32 sort of drops. The 'wait it out' people quote 2009 lows regained as a reason to ride out drops in the market. My view is look at the insider's reports, the actual P/E ratios - and run like hell.
 
Roswell Crash Survivor said:
One straw can break a camel's back, if said camel was already burdening its maximum capacity.
.
Markets aren't camels.
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Or as Rickards says, it's the final snowflake that causes the avalanche.
 
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