The Crash is finally here.

It looks like the Crash has finally arrived, I see Gold and Silver starting to ascend as people head for the life boats , and the ten year yields look the same as the two year. We could be heading for a credit freeze so it might be prudent to get a few dollars out of the cash machine. Comments on you tube about getting some silver, seem to be suggesting that its getting harder to acquire. www.youtube.com...

a reply to: anonentity

Doesn't the market take a beating every time the Democrats get some power?

a reply to: anonentity

This is looking like the dot com crash of the late 90s. Tech giants are getting eviscerated and they have nothing but their own hubris to blame for it. Apple, Google, Facebook, Amazon, Netflix... all companies that could easily go the same route as past titans like Netscape, IBM, Yahoo, Myspace, and AOL.

a reply to: anonentity

Funny how this is happening just as the dems are taking control of congress.

So what do you think people should do about it assuming you are even correct? What is the point other than to spread doom and gloom?

a reply to: abe froman

Yup, I remember the crash after obama was elected and everyone was trying to blame Bush.

Dec 24 was lower.....

originally posted by: burdman30ott6
a reply to: anonentity

This is looking like the dot com crash of the late 90s. Tech giants are getting eviscerated and they have nothing but their own hubris to blame for it. Apple, Google, Facebook, Amazon, Netflix... all companies that could easily go the same route as past titans like Netscape, IBM, Yahoo, Myspace, and AOL.

Too big to fail?

Speaker Pelosi may think so.

a reply to: anonentity

can you link me to an article so i can check out what is going on?

thanks man

and so we are clear

this is all the fault of the dems and pelosi?

I knew I should have bought 5kg of silver last week.

Stupid website wasn't cooperating and I gave up.

Hope you all were investing in Bitcoin!

I am just kidding.
2019 will be an interesting year.

originally posted by: TinySickTears
and so we are clear

this is all the fault of the dems and pelosi?

No, this the fault of globalism and the global ass kissers infesting both parties. The "fault" related to the election results is that Trump's tariffs and trade policies were working to draw the American economy away from a globalist benefit and back to an America-first model and the Democrat control of the House threatens to return us to the establishment's "new world economic order" nonsense we've seen growing in leaps and fits since the 90s.

Dang it!

I need the crash to hold off until spring, when the steer/cow/bull, whatever you call it gets butchered.
Then I will have plenty to eat, so I wont care. LOL

Seriously though, I don't know much about the market and such, but I don't think there is much cause for concern, yet, is there?

Silver is VERY tricky to buy. A lot of fake bullion and coinage floating around. You had better buy it in person from a reputable vendor and test it.

a reply to: TinySickTears


Just click the Gregory Manerino channel I posted, he is usually spot on.

originally posted by: anonentity
a reply to: TinySickTears


Just click the Gregory Manerino channel I posted, he is usually spot on.

will do

a reply to: TinySickTears


The main problem seems to be that of the trillions in derivatives, they will suck all the liquidity out of the markets, the Banks wont lend to each other, no wonder they brought the Bail in Laws, anyway hope you've got your popcorn ready.

No crash is coming. The fed will balk and lower interest rates. The market will recover, then some. When rates are lowered expect an immediate 2000 point rise in the DJIA as well as rises in other markets. DJIA 25000 by June 2019.

a reply to: eManym


That's just kicking the can down the road. As I understand it central banks and the fed have been propping up the share market. Which means they have now a load of junk on their books which cant be realised back into cash. Although they hold the shares as assets, which are worth the current stock valuation. As it goes south so does their assets. All the main players have cashed out, the last gasp from the plunge protection team was from Wells Fargo with billions in pension funds which was Trumps buy rally. It didn't last very long. The debt levels are to great for the economy to keep going, dropping interest rates will just allow the tail end Charlies to get out.