GOLD: up ~ $25 - DOW futures down ~ 465.00 pts. | |
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TassieLurker
User ID: 78158900 Australia 02/23/2020 06:52 PM Report Abusive Post Report Copyright Violation | Australian Stock Exchange (ASX) down 1.7%.... [link to www.asx.com.au (secure)] What you may think is gone... might come back to haunt you. |
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UseLessRepEATER
User ID: 71200127 United States 02/23/2020 06:56 PM Report Abusive Post Report Copyright Violation | This chart shows gold up: 273.40 after the flash cArsh at today's open. [link to www.stevequayle.com (secure)] Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
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Anonymous Coward User ID: 73811089 United States 02/23/2020 07:04 PM Report Abusive Post Report Copyright Violation | I've been a long time stacker but always alongside traditional stock/bond/ETFs buyer too. The PM trade has always been a buy and hold(physical ALWAYS) strategy; an insurance policy or "armageddon trade" just in case. Well sadly it's becoming clearer that I made the right decisions. I hate to see this trade pay off! In fact it sickens me to think that so many people will suffer from what is to come. Many who thought people like me were gold or silvertards will be giving their left nut to be me. They just couldn't bring themselves to purchase some "archaic rocks". Good luck to all who planned ahead. Luck favors the prepared mind! |
JoeyZ
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Honey44
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Honey44
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Anonymous Coward User ID: 32817130 United States 02/23/2020 07:17 PM Report Abusive Post Report Copyright Violation | Wow, I got out of the market on Friday and I was beating myself up for being paranoid. But now I'm glad I did. Quoting: Honey44 Three weeks ago here. Was concerned as you are that I pulled the plug early but its has to correct naturally and now all the exterior pressure from the virus and more. I sleep better which is all that matters and my choice. Apple shuts down plants in China yet the price went up 4-5 a share on some days? Logic out the window in most cases. |
Anonymous Coward User ID: 76903646 United States 02/23/2020 07:21 PM Report Abusive Post Report Copyright Violation | Wow, I got out of the market on Friday and I was beating myself up for being paranoid. But now I'm glad I did. Quoting: Honey44 Three weeks ago here. Was concerned as you are that I pulled the plug early but its has to correct naturally and now all the exterior pressure from the virus and more. I sleep better which is all that matters and my choice. Apple shuts down plants in China yet the price went up 4-5 a share on some days? Logic out the window in most cases. Yep, I have learned to not step in front of a bull. No matter what happens, we are in a bull market. When it is a bear, same thing.. . |
Anonymous Coward User ID: 75670239 United States 02/23/2020 07:21 PM Report Abusive Post Report Copyright Violation | I believe that cryptos are not a viable alternative to PMs in a SHTF scenario like this. They were intended for other purposes. Highly unlikely that your local grocery or gas station etc, will be accepting Bitcoin anytime soon. Same for PMs in the short term. However if this rolls on much longer, gold and silver will have a better chance of becoming an alternative to FRNs. All of the years that I stacked, I truly never thought that I would see what is coming our way. Scary |
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Anonymous Coward User ID: 75890110 United States 02/23/2020 07:35 PM Report Abusive Post Report Copyright Violation | Central banks and governments worldwide are fucked along with most of their citizens....how is that printing press going to make food magically appear on shelves and put workers at their jobs! This collapse will be historic and chaotic on magnitudes never witnessed in human history! Print motherfuckers print! Lmao |
Anonymous Coward User ID: 75890110 United States 02/23/2020 07:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75890110 United States 02/23/2020 07:50 PM Report Abusive Post Report Copyright Violation | Freeze dried food is back ordered for months out....good fucking luck securing any! Also canned goods will be gone once we shift from early panic to full blow shtf by April! Most of you are to late, because you believed in a system of men to take care of you! I mean you cannot go years without resupplying food, meds, etc......game over for most |