Financial topics

Investments, gold, currencies, surviving after a financial meltdown
aeden
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Re: Financial topics

Post by aeden »

The Chinese Institute of Public Health published a paper on what would happen without Wuhan style measures at containment .
You might want to go back and read it.
Much as you guys keep on saying we weren't warned, we were,by the Chinese no less.
vincecate
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Re: Financial topics

Post by vincecate »

Trump blocking all flights between USA and Europe starting Friday.
John
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Re: Financial topics

Post by John »

** 11-Mar-2020 World View: Travel from Europe
vincecate wrote: > Trump blocking all flights between USA and Europe starting
> Friday.
What I heard was no travel FROM Europe, but I didn't hear anything
about travel TO Europe. Also no restrictions on travel from UK.

This will cause a great deal of outrage.
aeden
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Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

http://gdxforum.com/forum/viewtopic.php ... 750#p50617
https://www.zerohedge.com/news/2020-03- ... early-2021

Avarice the spur of greed.
April 8th 2024.
The judgement seal ends.
He is a just God.
My view only.

A from the grain colony.
vincecate
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Re: Financial topics

Post by vincecate »

NBA has terminated their season.

Tom Hanks and wife have Coronavirus.
vincecate
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Re: Financial topics

Post by vincecate »

John wrote:** 11-Mar-2020 World View: Travel from Europe
vincecate wrote: > Trump blocking all flights between USA and Europe starting
> Friday.
What I heard was no travel FROM Europe, but I didn't hear anything
about travel TO Europe. Also no restrictions on travel from UK.

This will cause a great deal of outrage.
I expect you are right. But as a practical matter it is hard to fly to someplace if you can't fly from that place.
vincecate
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Re: Financial topics

Post by vincecate »

Futures are down nearly 4% after trump.

https://money.cnn.com/data/premarket/

Bear market stories will be all over.

Maybe this coming Monday will be the real crash. Just sure it is supposed to be on a Monday. :-)
richard5za
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Location: South Africa

Re: Financial topics

Post by richard5za »

vincecate wrote:Futures are down nearly 4% after trump.

https://money.cnn.com/data/premarket/

Bear market stories will be all over.

Maybe this coming Monday will be the real crash. Just sure it is supposed to be on a Monday. :-)
Let us beware the "bull traps" and the "bear traps". A bear market is difficult to read and harder to trade.
Looking at a monthly chart going back to 2007, the SP 500 had an initial leg down of some 20% then had a leg up to test the 15ema and after that the waterfall crash with a couple of minor ups to about 700.
Say the SP 500 closes this week at 2680 then that is 21% down from the peak and could have a leg up, followed by upsie downsie for two or three weeks, before the waterfall crash. On the other hand Monday could be the Black Day!
aeden
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Re: Financial topics

Post by aeden »

The air pockets we mentioned are flash crashes.
They will allow what they want to be bought back now.
Hayek was correct in the pretense of knowledge.
Last edited by aeden on Thu Mar 12, 2020 6:55 am, edited 2 times in total.
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