Stocks getting BTFO
Stock markets are currently at 2014 levels. Good buying opportunity, or is this just the beginning of something worse?
dow hasnt even reached 2015 lows yet. if it gets there we might see another 20% drop in 2016. but heading towards december already you will see an insane rally. the current pause is necessary for the upcoming megadrive in all equites
I've said this before and I'll say it again. DON'T CATCH A FALLING KNIFE. Wait until the markets have bottomed out and there are signs of recovery. THERE ARE NO SIGNS OF RECOVERY YET. DO NOT BUY ANYTHING UNLESS YOU WANT TO GAMBLE A BET YOU'RE ALMOST GUARANTEED TO LOSE.
We've already had our bull trap in the time between August and December. This is the start of the real deal crash.
So far we've been following this chart perfectly. Of course all the buttblasted stock traders and bankers will respond
>hurr durr that chart isn't right!
>the markets always go up!
And yet they're never able to explain why this chart isn't what's happening.
This market trend is completing a triple top formation that's been building over the last two decades. This isn't a popular opinion, and the assblasted day traders will mock me, but I think we're headed for a massive devaluation of the financial sector. Everyone has been throwing around log scale charts that conveniently hide bubble behavior, but if you look at pic related, the Dow belongs around 6000 to return to its 100 year inflation-adjusted trend.
Do you think that a massive drop is actually possible nowadays? I feel like those on the inside would have been working hard for years to produce a controlled system, even if it's superficially volatile.
I mean the ultra rich don't really give a shit about numbers so long as they can leverage greater than everybody else--it's a big part of why they stay on top while the lemmings are busy looking at dollars, right?
I'm not here often, so I can't tell if this is bait.
I think the jump in the 90's was from computers entering the mix as trading and analyzing tools, which caused the actual trend level to simply rise.
For a huge happening-style crash to hit stocks, you would need a huge recession to be in place too. And that's not going to happen. Our economy isn't doing great, but it's doing well enough that we're not in danger of another Great Recession
This is just a 2011-style correction
You're right that we're not in a full-on recession by any means, but keep in mind that the stock market is only as highly valued as it is today because the federal reserve printed five trillion dollars to buy bonds and boost prices. The market is massively overvalued even though the economy is mediocre but stable.
Since Q4 2015 no one has been able to figure out the market trend. US Unemployment is down but food stamps are still being handed out like hot cakes, commodities is still being commodities, Tech is going through a devaluation, China is going to shit and is busy buying overseas assets, European banks are being hammered - Deutsche Bank is too leveraged and is trying to figure out where is the liquidity, Interbank scandal in Australia, Brazil is going into a recession, Countries that depend on commodities are building up debt, Japan is getting hammered, The short term debt cycle is way overdue... It may actually be happening very soon all it takes one to fall and then a domino effect insues.
> make post with obvious error in it
> no one has pointed it out and made fun of me
Stacking bullion here, physical because I don't trust it if I can't touch it.
How much does one man need to safeguard himself for this shit? So far I only have 20 1 ounce Maple Leafs, 60 Kennedy Half Dollars that are only 40% silver that I got for well below spot from a relative, and 1/10th ounce Gold Eagle.
Should I bother with 90% silver coinage?
90% coin silver trades well above spot price.
So, don't bother with it, unless you can buy it for spot price.
The older stuff like WL, Barber, mercury, trades well well well above the spot price.
So if you can buy that stuff for a *little* over spot price, do it.
Honestly you're doing fine. Stick with easy to recognize stuff. In the event that you must exchange them, you can get more value from confirmable face value silver like Eagles and Leafs, as well as common coinage like half dollars and for good collector's value Morgans and Liberties.