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Stock market the kiss of death is here.

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posted on Jan, 17 2019 @ 09:37 PM
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a reply to: burdman30ott6

I lost everything in 08, had to reinvent myself. As fate would have it; greatest thing that ever happened to me.

Blessed to not be a scared old man anymore.




posted on Jan, 17 2019 @ 09:49 PM
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a reply to: anonentity

Yeah, got out in October.... couple of weeks too late as Dow dropped from mid 26's to mid 25's but still holding for awhile.

I will wait a couple of months before putting 401K back.

Waiting for a teen crash myself but I have been wrong before.


I did the same thing in 2007 and put it back after the crash... I made a good bit of "catch up" with that.
edit on 17-1-2019 by infolurker because: (no reason given)



posted on Jan, 17 2019 @ 10:10 PM
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a reply to: anonentity

Recession is likely in 2020 or earlier, economist warns Maryland senators
www.baltimoresun.com...

Financial indicators are pointing toward a recession beginning in mid-2020, Dan White, director of government consulting and fiscal policy research for Moody’s Analytics, told members of the Senate’s Budget and Taxation Committee.


Morgan Stanley: Another market storm is coming
www.cnn.com...

We now have conclusive proof that Europe is in an economic slump, and that two of its biggest economies are careering towards recession
www.sfgate.com...


edit on 17-1-2019 by infolurker because: (no reason given)



posted on Jan, 17 2019 @ 10:53 PM
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a reply to: anonentity



I wonder if anyone has actually sat down and done a costing with regards to an automated factory with AI doing the work


Here is the costing:

An AI -style Tower of Babel occurs with AI.
AI will develop its own language so it can
develop and communicate in
"billion letter"-long words to describe
concepts that no human will ever be able to fathom.

This will result in something a little bit uglier than
the proverbial "parting of ways"



posted on Jan, 18 2019 @ 12:01 AM
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a reply to: lordcomac

I have neither intellectual nor financial "interest"
in money sir.
However , from time to time I try to
contribute my "two cents worth" .

I have given....to...MYSELF! the
Luxury of Time!
And as you well know , "time is money"
And therefore I am "rich" in a sense.
Possibly beyond what the 1%
Could ever hope to "acheive".





posted on Jan, 18 2019 @ 12:18 AM
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a reply to: anonentity
maybe it is just an annual dip? This was around the same time last year the stocks took some deep negatives. The crypto bubble popped last year around two weeks prior.

Could just be cyclical.



posted on Jan, 30 2019 @ 04:18 PM
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a reply to: worldstarcountry

They say March comes in like a lion and goes out like a lamb but I don't know about February?
The Dow reached my technical target of 25,000 today with good news from Apple and the Federal reserve.
My guess is with all the good news already out, the bears will be back in soon.
Might be a good time for those of you that were waiting for a third top to get out?
Do we need to go back to school?



posted on Jan, 30 2019 @ 06:01 PM
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a reply to: Slichter


I just watch the Silver and Gold prices, they are going up fast at the moment, and the knockdowns are not doing much.



posted on Jan, 30 2019 @ 06:28 PM
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originally posted by: olaru12
a reply to: burdman30ott6
I lost everything in 08, had to reinvent myself. As fate would have it; greatest thing that ever happened to me.

It's funny how we never think much about what we value and why we value it until it gets taken away, and sometimes when that happens you realize how it was all just silly and controlling your life. At that point, I think the most important thing you can have are good friends who care about you. Small things make you happy.



posted on Jan, 30 2019 @ 06:38 PM
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a reply to: anonentity

The bond market dropped yield a little, but banks are still offering 3% short term CD rates.
Someone playing in the currency markets gave North Korea a spike.
Unlike stock prices and coin values its very difficult to move NK currency off the US dollar fixed value.




posted on Jan, 31 2019 @ 08:19 PM
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a reply to: anonentity

Gold is currently 1317.7 down $2.00

Dow briefly reached 25067 in the cash market and just tagged 25073 in the futures before heading south.

The high was 25109 Wednesday at 3 PM when the North Korean signal showed up in their currency?



posted on Feb, 1 2019 @ 12:04 AM
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a reply to: Slichter


This is interesting, if you look at the financial system as an eco system which has got out of balance. Mainly because the dominant predator has gone, which was the precious metals, which constrained inflation and derivative debt. This guy makes a good point that when the Gold standard has to be enforced due to the collapse of the reserve currency, it will come not by choice but by dire necessity



posted on Feb, 1 2019 @ 05:20 PM
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a reply to: anonentity

I hope it crashes and burns.



posted on Feb, 1 2019 @ 05:24 PM
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a reply to: yogibear999

Looks like Herman Cain's thin crust got an Anchovy today?
Dow closed at 25063 more anchovies next week?

The March Dow futures reached 25143 today before the retracement, cash market reached 25193 at 10:21 AM.
Lower future price often means an expected decline in price.


edit on 1-2-2019 by Slichter because: (no reason given)



posted on Feb, 1 2019 @ 06:18 PM
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a reply to: anonentity

The price of gold does tend to move with the CPI and oil over the longer term.
Looks like you might be able to make a quick 3% in just a few weeks but there is technical resistance at $1370.
The gold lease rates are still really low but there may be derivatives that will match the true spot cash value.
Gold will go through the roof if the US credit rating is lowered or the POTUS threatens default on the national debt sometime in the next 30 years.


edit on 1-2-2019 by Slichter because: (no reason given)



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