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Markets are a sea of RED Friday 9/23

 
T-Man
Entitled title

User ID: 76630935
Netherlands
09/23/2022 10:04 AM

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Re: Markets are a sea of RED Friday 9/23
Almost time to go long, be ready.
 Quoting: Anonymous Coward 74851879


long? not short?
Anonymous Coward
User ID: 78659252
Germany
09/23/2022 10:07 AM
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Re: Markets are a sea of RED Friday 9/23
pretty scary and also, nothing will happen
 Quoting: Anonymous Coward 83991502


shit has been happening for two years now lol. where the hell have you been???
Anonymous Coward
User ID: 80249402
United States
09/23/2022 10:07 AM
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Re: Markets are a sea of RED Friday 9/23
[link to finviz.com (secure)]

Just look at all the red
 Quoting: StellaBlue


Intrigued by why silver is remarkably steady this month. Perhaps its solar hopium or mor likely high tech weapons. Thoughts ?
 Quoting: Anonymous Coward 78221722


It’s not just money. It’s solar panels etc.
Anonymous Coward
User ID: 74851879
United States
09/23/2022 10:08 AM
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Re: Markets are a sea of RED Friday 9/23
Almost time to go long, be ready.
 Quoting: Anonymous Coward 74851879


long? not short?
 Quoting: T-Man


for day trading no, too late for that now
Anonymous Coward
User ID: 82241864
Ireland
09/23/2022 10:11 AM
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Re: Markets are a sea of RED Friday 9/23
Chill they'll swing up in an hour they always do .
Anonymous Coward
User ID: 73847342
United States
09/23/2022 10:16 AM
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Re: Markets are a sea of RED Friday 9/23
[link to finviz.com (secure)]

Just look at all the red
 Quoting: StellaBlue


Intrigued by why silver is remarkably steady this month. Perhaps its solar hopium or mor likely high tech weapons. Thoughts ?
 Quoting: Anonymous Coward 78221722


It’s not just money. It’s solar panels etc.
 Quoting: Anonymous Coward 80249402


Its also used in smart weapons like Tomahawk missiles.....a war material....
StellaBlue  (OP)

User ID: 83880850
United States
09/23/2022 10:22 AM
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Re: Markets are a sea of RED Friday 9/23
Thanks for the pin.

September is typically the worst month for the markets. One week until the "October surprise "...?

DART is going to play pinball with a couple close asteroids on Sunday. Maybe somebody knows something?
It is better to trust in the Lord than to put confidence in man. -Psalm 118:8

No weapon that is formed against thee shall prosper. -Isaiah 54:17

If I disappear from this forum, aliens didn't take me- Jesus did! Give your heart to him today!
Anonymous Coward
User ID: 80363680
United States
09/23/2022 10:24 AM
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Re: Markets are a sea of RED Friday 9/23
[link to finviz.com (secure)]

Just look at all the red
 Quoting: StellaBlue


Intrigued by why silver is remarkably steady this month. Perhaps its solar hopium or mor likely high tech weapons. Thoughts ?
 Quoting: Anonymous Coward 78221722


It’s not just money. It’s solar panels etc.
 Quoting: Anonymous Coward 80249402


JP Morgan and central banks are pushing the paper market down while demand for physical silver is increasing because it is needed to make things, especially green energy things. So there is a disconnect between the COMEX paper market price and the physical market. This is reflected by the "premium" you have to pay to actually buy physical silver. My local coin shop is now charging 70% over the COMEX price for silver [10% for gold]. The normal for gold is 3% over in good times. This translates into there is a shortage of actual physical silver at the moment. And, the more interest rates go up and COMEX price decreases, mining companies are going to be less likely to produce more silver/gold since the Market Price [COMEX], which they are paid, is below their cost of production. A lot of mines are now switching to producing copper and other metal if they can. The only new silver/gold they produce will be from the byproduct of their other metal mining. Which means there will be less physical silver/gold produced going forward.

Be interesting to watch to see if TPTB will get caught in their shorting of the COMEX. If physical demand out paces what they can manipulate, they will get burned. The LBB [London Bullion Bank] has more gold leaving their vaults than is coming in. They are one of the holders of bullion that the COMEX uses to set their paper price. No one really knows how much real gold/silver JP Morgan actually has to back the claims on the COMEX paper trading. Of course, they stole Russia bullion, so that helped shore up their holdings to keep the ruse going. Interesting times.
Anonymous Coward
User ID: 83037807
United States
09/23/2022 10:24 AM
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Re: Markets are a sea of RED Friday 9/23
orange juice up

:jay:
 Quoting: T-Man


Are they gonna corner the orange juice market?
Anonymous Coward
User ID: 81922832
United States
09/23/2022 10:26 AM
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Re: Markets are a sea of RED Friday 9/23
Absolute gargantuan move in the GBP
A_T_L

User ID: 80864747
United States
09/23/2022 10:26 AM

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Re: Markets are a sea of RED Friday 9/23
Anonymous Coward
User ID: 84240516
United Kingdom
09/23/2022 10:27 AM
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Re: Markets are a sea of RED Friday 9/23
Absolute gargantuan move in the GBP
 Quoting: Anonymous Coward 81922832


Explain?
Anonymous Coward
User ID: 38265521
United States
09/23/2022 10:27 AM
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Re: Markets are a sea of RED Friday 9/23
Isn't tomorrow the next doom date?
 Quoting: StellaBlue


If you ask a German...
Anonymous Coward
User ID: 84220429
United States
09/23/2022 10:28 AM
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Re: Markets are a sea of RED Friday 9/23
What the hell, everything is carshing???? Stocks, metals,crypto....how do you protect your money in this climate???
Anonymous Coward
User ID: 81922832
United States
09/23/2022 10:28 AM
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Re: Markets are a sea of RED Friday 9/23
Absolute gargantuan move in the GBP
 Quoting: Anonymous Coward 81922832


Explain?
 Quoting: Anonymous Coward 84240516


2.5% move vs dollar, not something you see everyday.
Anonymous Coward
User ID: 78659252
Germany
09/23/2022 10:30 AM
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Re: Markets are a sea of RED Friday 9/23
What the hell, everything is carshing???? Stocks, metals,crypto....how do you protect your money in this climate???
 Quoting: Anonymous Coward 84220429


take your money out of the banks and keep it at home.

bam. done. let it crash all around you. you will be safe
Anonymous Coward
User ID: 80518773
United States
09/23/2022 10:31 AM
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Re: Markets are a sea of RED Friday 9/23
What the hell, everything is carshing???? Stocks, metals,crypto....how do you protect your money in this climate???
 Quoting: Anonymous Coward 84220429
WW3 has everybody spooked.
Deano2020

User ID: 83808444
United States
09/23/2022 10:35 AM

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Re: Markets are a sea of RED Friday 9/23
And the pundits are blaming today's drop on the Fed overdoing its inflation fight.

They fail to tell you the truth. We are screwed because

1. Inflation

2. We are in a recession

3. Fed will continue to increase rates

It's all about green energy. We are basically all fucked
Deano2020
Deano2020

User ID: 83808444
United States
09/23/2022 10:38 AM

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Re: Markets are a sea of RED Friday 9/23
What the hell, everything is carshing???? Stocks, metals,crypto....how do you protect your money in this climate???
 Quoting: Anonymous Coward 84220429


There is nowhere left to hide. You can buy treasuries, but you will still lose because of inflation
Deano2020
StellaBlue  (OP)

User ID: 83880850
United States
09/23/2022 10:39 AM
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Re: Markets are a sea of RED Friday 9/23
And the pundits are blaming today's drop on the Fed overdoing its inflation fight.

They fail to tell you the truth. We are screwed because

1. Inflation

2. We are in a recession

3. Fed will continue to increase rates

It's all about green energy. We are basically all fucked
 Quoting: Deano2020


What is the tipping point for recession to go into depression?
It is better to trust in the Lord than to put confidence in man. -Psalm 118:8

No weapon that is formed against thee shall prosper. -Isaiah 54:17

If I disappear from this forum, aliens didn't take me- Jesus did! Give your heart to him today!
Anonymous Coward
User ID: 82692028
Singapore
09/23/2022 10:41 AM
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Re: Markets are a sea of RED Friday 9/23
Bring it on
 Quoting: Anonymous Coward 76123437


powerful
Larphillips

User ID: 83270745
United States
09/23/2022 10:43 AM

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Re: Markets are a sea of RED Friday 9/23
What the hell, everything is carshing???? Stocks, metals,crypto....how do you protect your money in this climate???
 Quoting: Anonymous Coward 84220429


take your money out of the banks and keep it at home.

bam. done. let it crash all around you. you will be safe
 Quoting: Anonymous Coward 78659252


Cash is being eaten alive due to inflation, and there is no guarantee they won’t wipe out physical currency in the US. It may be time to pull cash, hang onto a percentage during any possibly transition, and convert the bulk to silver (Eagles, Maples, or any other widely recognized mint bullion.) Stsck heavy and sit. If nothing happens, trade back for FRNs. Even a small loss there is better than a total loss should it all go belly up.
“A person is smart, people are stupid.”
“Nobody knows until everybody knows”
Larphillips

User ID: 83270745
United States
09/23/2022 10:45 AM

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Re: Markets are a sea of RED Friday 9/23
And the pundits are blaming today's drop on the Fed overdoing its inflation fight.

They fail to tell you the truth. We are screwed because

1. Inflation

2. We are in a recession

3. Fed will continue to increase rates

It's all about green energy. We are basically all fucked
 Quoting: Deano2020


What is the tipping point for recession to go into depression?
 Quoting: StellaBlue


We’re well already there and have been for a few months now. All that’s lacking is any ‘official’ acknowledgment of such. I guess the last tipping point, where they can’t hide or lie about it any longer, is when the bullshit employment numbers get exposed (or we see a pickup in the mass layoffs that are already happening.)
“A person is smart, people are stupid.”
“Nobody knows until everybody knows”
Anonymous Coward
User ID: 41983100
United States
09/23/2022 10:46 AM
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Re: Markets are a sea of RED Friday 9/23
mystonks
Anonymous Coward
User ID: 82692028
Singapore
09/23/2022 10:47 AM
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Re: Markets are a sea of RED Friday 9/23
And the pundits are blaming today's drop on the Fed overdoing its inflation fight.

They fail to tell you the truth. We are screwed because

1. Inflation

2. We are in a recession

3. Fed will continue to increase rates

It's all about green energy. We are basically all fucked
 Quoting: Deano2020


What is the tipping point for recession to go into depression?
 Quoting: StellaBlue


this is a bigger collapse

its the 100 year housing crash

except its exponentially bigger everytime

so this will be a 90% ie 9 times bigger crash

than the last big one

fundamentals are different now

its totally eclipsing and smashing

the foundations of the stockmarket

unlike the previous 100 year crash which

wasn't big enough to do that
A_T_L

User ID: 80864747
United States
09/23/2022 10:48 AM

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Re: Markets are a sea of RED Friday 9/23
best advise: keep clam, stock up on dehydrated water and other preps so you can shave your loved ones when the time comes.
Original Bunnyswanson

User ID: 84245447
09/23/2022 10:50 AM
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Re: Markets are a sea of RED Friday 9/23
Looks like GREED is killing itself
 Quoting: Idaho Potato


No…they have cornered the market and now, they are extracting (selling). The little investor is going to feel the pain. This has happened many times and is why our government is good for nothing.
The price of liberty and even of common humanity is eternal vigilance.” —Aldous Huxley

For the waywardness of the simple will kill them, and the complacency of fools will destroy them. Proverbs
Anonymous Coward
User ID: 81468564
Germany
09/23/2022 10:56 AM
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Re: Markets are a sea of RED Friday 9/23
mystonks
Anonymous Coward
User ID: 80293756
United States
09/23/2022 11:00 AM
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Re: Markets are a sea of RED Friday 9/23
Sidney Resources Ord Shs
OTCMKTS: SDRC
0.14 USD +0.0031 (2.24%)today
Sep 23, 9:57 AM

bingo-NI
Anonymous Coward
User ID: 84039167
United States
09/23/2022 11:08 AM
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Re: Markets are a sea of RED Friday 9/23
30K is a psychological level.

Break below, and a lot of people will start bailing.
 Quoting: Lady Jane Smith


The futures are below that now....
 Quoting: Anonymous Coward 84220429


I think that the “ crash of 29” is so firmly embedded in the public consciousness that they will indeed sell when we drop into “29 “territory.





GLP