The markets are plunging.
- Thread starter WhyisIUBBcursed
- Start date
I expected the Trump reign would be a dumpster fire. I didn't expect, though, a five-alarm fire, at least not this soon.
Welcome to the Golden Age.
No one wants to be caught holding a bag over the weekend - they're afraid of what else Trump might do or say between now and Monday when the markets re-open. I suspect this could become a common Friday occurrence, along with a slow ride down overall.
Some of it is traders rolling up short positions on silver. BTC is off $10k from it's high. My 21-month metals return is at +48% as of this morning..
Big banks are sick and dying....the impending audits have them scared shitless.
China has pivoted from gold to silver...
it had more to do with Walmart's forecasting of 2025.....the market got spooked
The multi $Trillion debt bubble is seeping like the tire on the old bike in Grandma's barn. The major markets are inflated at least two, maybe three times over any sane analysis of profitability and growth potential.
The American who does actual work, creates and adds value to the economy, is waking up to this reality . Walmart's Chinese made trash is becoming less and less attractive as consumers opt for value, quality and workmanship.
The parallel society is slowly building, as is the parallel economy.
Or we are seeing the results of Trump's tariff plan
No. Can’t be this. Trump is the messiah
This is a pretty interesting post re consumer choices. I don’t know if you’re right. I don’t know. Most consumer products still seem pretty cheap. Do people want a a tv for 4 grand or 400 they can recycle etc
The point is....
Getting people to shut off whatever TV they watch, dump all the propaganda, raise your kids, educate them, spend your time on things productive. Stop living some insulated mind **** of a life. Learn an art, a craft, a skill, get out of your hive and live life.
Forget sportsball and the false icons...forget celebrity culture....LIFE is not a Netflix production.....Batman isn't real.
So, since we can't buy an American made TV, we should just do without TV? Is that your point?
Plunging? I assume that was a prediction for Monday since a 1-2% drop isn't what most call a plunge.
With that said, I think we're in for a wild ride with all the uncertainty we're going to contine to see for a while.
With that said, I think we're in for a wild ride with all the uncertainty we're going to contine to see for a while.
My meager little portfolio has been inching toward a "milestone" number for some time, but every time it gets close there's a backslide. Not that it makes any real difference, it's just disheartening.
Only liberal government. Trump and Elon can anally rape us with impunity
I've been 100% cash for way too long, but psychology the best thing you can do is just set it and forget it. Pretend it doesn't exist.
I think it’s a sign the economy is weakening for the wage class because all the free cheese has been spent. However, the top half of society is still strong, because they own all the assets (benefited more from the free cheese) and drive most of the consumer spending. The question is there enough money in the top half to keep the economy out of a recession.
"I am gross and perverted,
I'm obsessed and deranged,
I've existed for years,
But yet little has changed.
I'm the tool of the government,
And industry too,
For I'm destined to rule,
And regulate you.
I may be vile and pernicious,
But you can't look away.
I make you think I'm delicious,
For the stuff that I say.
I'm the best you can get,
Have you guessed me yet?
I'm the Slime oozing out of your TV Set..."
Yeah, I have more in cash than I should have, but I take comfort in it being there if/when I want it and want it now. It's growing at roughly the inflation rate, so I'm good with that. And yes, while I check it on the regular, I don't get excited about a big jump or a big dive. It has always evened out over time, and continues to grow in the long term. My attitude might change if and when the time comes when I have to start drawing it down, but I've been able to stay cash flow even (with some ups and downs) since I retired at the end of 2020.
I went heavy cash about 3 years ago. Then moved into commodity metals beginning mid-March of '23. Difficult not to take out some of the up....but I have enough toys..
What metals are you in (not counting precious metals like gold/silver)? When I was working I tracked tin on the LME since a big chunk of our raw materials were tin-based and I could estimate our future costs based on the tin market prices. If I had personally invested in tin 15-20 years ago I would have been in damn good shape today.
eBay! If you don’t mind a heavy standard definition TV.
Zenith was the last remaining retailer and was bought by LG in 1999.
your dramatics definitely confirm you are a dr. Time to sell low to confirm your investor prowess.
Interesting. Although it's near certain that the stuff they are assembling is from overseas. Still good to see.
Only gold and silver.
Oh, and brass and lead.
Some investors like equities in metals producers, but there are too many intangibles for me in that space.
