Stock markets freaking out, hang on to your butt..

Topic by chir

Chir

Home Forums Money Stock markets freaking out, hang on to your butt..

This topic contains 13 replies, has 12 voices, and was last updated by MetalRay3  MetalRay3 4 years, 4 months ago.

Viewing 14 posts - 1 through 14 (of 14 total)
  • Author
    Posts
  • #79499
    +7
    Chir
    chir
    Participant

    Interesting set of coincidences.

    Greece defaults.

    Euro tanks vs dollar.

    Chinese markets are in meltdown.  3.5 Trillion evaporated from their market.  They are making short-selling a crime.

    US market drops dead for 4 hours due to a “glitch”.

    I would make sure you have enough cash on hand just in case this was the opening salvo.   If you rent make sure you can cover your rent with cash for 3 months.  If you have a mortgage, do the same.

    Seems that money is safer in the hand rather than in banks or stock.  I will be ordering some more silver maple leafs and silver eagles.  Silver is practically a steal they are manipulating the price so low.

    Buckle up.  We are in for an interesting 6 months.

    It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

    #79506
    +2
    Madman
    Madman
    Participant
    772

    I agree buying silver and gold, but I am going to buy stocks as well. Everything is on sale it seems, I will keep buying everything.

    #79524
    +3
    RoyDal
    RoyDal
    Participant

    Interesting set of coincidences.

    All sorts of websites are going down and coming back. Internet security firms are getting hacked. Government sites are getting hacked. Hillary “can’t find” her emails. Things are … interesting.

    Society asks MGTOWs: Why are you not making more tax-slaves?

    #79528
    +2
    ILiveAgain
    ILiveAgain
    Participant

    It begins 😈

    #79641
    +1
    Rennie
    Rennie
    Participant

    Seems more and more that the world isn’t capable of solving it’s problems anymore.

    #79687
    +2
    Jason
    Jason
    Participant
    282

    Interestingly, my Russian stocks went up by about 7.5% today while most of my other stocks went down 0.5-2.5%… A hint of things to come, perhaps?

    There lies serenity in Chaos. Seek ye the eye of the hurricane.

    #79735
    +1
    Chir
    chir
    Participant

    I would bet my bottom dollar that the Russian rally was due to wealthy Chinese bailing out of china’s stock market until it calms down.

    It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

    #79736
    +1
    Just a Man
    Just a Man
    Participant
    934

    Just another “baby step” in the ongoing coup. Here in America, the obscenely wealthy have played us so well we are seriously fractured and hating the politicians(professional bribe takers), whom they have bought as puppets, and each other. I just think we are going back to Feudalism 2.0 because it worked so well the first thousand years. Just my 2 cents.

    Philosophy, the female repellent

    #79751
    +1
    MENGINEER
    MENGINEER
    Participant
    583

    Stayed tuned for BRIC to be growing stronger than ever before.

    Look at Greece falling from the heavens. Next stop Syria!

    #79955
    +1
    Beer
    Beer
    Participant
    11832

    I’d just sit in cash for another year and a half.  The market is a giant ridiculous bubble at the moment, and the government and the fed are going to do everything in their power to keep it inflated until Obama leaves office.  They don’t want the first black president leaving office with all indicators showing we are in worse shape than we were 8 years ago, so they’ll do everything they can to continue to cook the books and keep the bubble inflated.  Wait for the 30-60% crash and enjoy buying in at fair valuations.

    #80020
    +1
    FullMetalExo
    FullMetalExo
    Participant
    2383

    Seems that money is safer in the hand rather than in banks or stock.

    A week ago I took out some money from the bank. Will go repeat that motion just in case. Thank you for the thread.

    Im holding it up in Euros (not much of a choice here), just so I can buy products/pay in cash in case of emergency here. Will maybe, maybe, translate some cash in to Dollars, just if the EU goes down lmao.

     

    Whatever, same s~~~ in history,  nothing new, rich f~~~s get rich, world goes on.

    -----------

    #80063
    +1
    BigD
    BigD
    Participant
    3024

    You’re telling me.  Half my s~~~ was sold off with stop losses.  Just going to sit tight on cash until I feel the bottom is done.

    Don't stick your dick into anyone you aren't willing to put up with for eighteen years and nine months.

    #124754
    +1
    Madman
    Madman
    Participant
    772

    #125990
    MetalRay3
    MetalRay3
    Participant
    31

    I would go for gold and silver myself, but also for stocks in companies that make items that will most likely never go away. like toothpaste, paper products, and others. that will give you a more secure base should the big ones fall out.

Viewing 14 posts - 1 through 14 (of 14 total)

You must be logged in to reply to this topic.