Stocks: Market Crash Looming
- Thread starter ChooseLiberty
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Zippyjuan
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Investors worried that tariff wars are getting more serious.
Krugminator2
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Or it could be you just had a super overbought market that needed a rest. Markets that go straight up have pull backs. It's what they do.
Zippyjuan
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It has been pretty flat for several months. It is currently about where it started the year at.
Krugminator2
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The Nasdaq got ahead of itself a little bit over the last month. Plus the market was super frothy going into yesterday that isn't fully reflected in the the Dow or SPY.
Take a look at IQ, HUYA, NEW, CVNA, DBX to see what I am referring to.
TheTexan
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It's the deep state doing it.
When the Fed completely shuts off the PPT (looks to finally be starting imo), it'll get interesting in a hurry. Expect lots of "Due to extreme activity, brokerage XXXXXX web access is unavailable. We apologize. Have a nice day." messages.
Just look at the absolutely ridiculous valuation of Tesla (though Tesla is merely a conduit to funnel money to SpaceX and Boring Co.) to estimate how much fake digital currency the PPT/ESF has pumped into the markets. Tesla is probably fair valued around $75-100/share, if that much.
Just look at the absolutely ridiculous valuation of Tesla (though Tesla is merely a conduit to funnel money to SpaceX and Boring Co.) to estimate how much fake digital currency the PPT/ESF has pumped into the markets. Tesla is probably fair valued around $75-100/share, if that much.
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Original_Intent
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I think TPTB will try to keep the center holding until a September or October surprise crash to affect the mid terms. It really depends on how important to the globalists it is to stop Trump immediately with a change in balance in Congress, or if they would rather keep their powder dry until 2020. Perhaps a mini crash this fall, then a mini recovery and the bottom falls out in 2020.
I'm fairly neutral on Trump, but I do think he is mucking up the NWO plans, for which I am grateful.
I'm fairly neutral on Trump, but I do think he is mucking up the NWO plans, for which I am grateful.
Original_Intent
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I know stories like this are a dime a dozen.
https://banyanhill.com/exclusives/70-stock-market-crash-to-strike-august-1-economist-warns/?z=977298
https://banyanhill.com/exclusives/70-stock-market-crash-to-strike-august-1-economist-warns/?z=977298
The_Ruffneck
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Nothing will happen until Sept/October my guess.Could be a crash around then.
Krugminator2
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Probably a good spot to pick up gold and gold stocks. A little bit of blood in the streets
GDX- Goldminers- 18.64
GDX- Goldminers- 18.64
Yeah , I am looking around tomorrow.
My tiny position on ALO is getting killed and only because their quarterly earnings weren't to "Wall St Expectations". Still profitable, still extracting metals but share price knocked into the dirt and will probably be delisted soon. These markets are so messed up.
On the "bright side", the indexes will absolutely start tanking before the end of August. We won't have to wait too much longer for the illusion to finally start to crumble.
Krugminator2
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It is funny there no gold threads right now when it actually makes sense to be a gold bull. There were all sorts of them in 2013 during euphoria. A couple of interesting factoids.
Here is the average return of gold miners when you have selloffs like this.
Here is the average return of gold miners when you have selloffs like this.
And the first time big speculators have been net short gold futures since 2002 which preceded a like 1000% runup in gold.
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