I can't haz Lambos?
ZH: Market Massacre: Oil Crashes 30%, Dow Down 1,000, VIX Explodes As Spoos Crater
- Thread starter BortSimpson
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I can't haz Lambos?
Slave Mentality
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SO, is this mother fucker burning down or what? Is it finally time? No stress here. Let's party like it's 1929 baby!
Those that have expected this and mentally and materially prepared should actually feel very zen right now, even as others start running around with their hair on fire.
Created4
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What's up with Gold?? Shouldn't gold be increasing in value as the stock market crashes? Or does this prove that the price of gold is NOT tied to market forces, but the rich and powerful who control most of the gold reserves?
I stopped listening to Schiff's advice on gold a long time ago. His track record on gold has not been very good the past several years...
I stopped listening to Schiff's advice on gold a long time ago. His track record on gold has not been very good the past several years...
Slave Mentality
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Those that have expected this and mentally and materially prepared should actually feel very zen right now, even as others start running around with their hair on fire.
I didn't consider that position. I am secretly feeling pretty damn good right now. I was feeling a little bad for it if that makes sense, but fuck it. The herd's panic does bring me tranquility. Thanks for opening my eyes to this!
Todd
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Mises had a pretty good article. Briefly it won't cause it but it sure doesn't help it, especially when the Fed keeps blowing up the bubble with cash infusions.
https://mises.org/wire/coronavirus-wont-be-cause-next-bust-it-will-make-it-worse
Slave Mentality
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I will check this out. The fiat money gravy train can't run forever. I feel strange that I almost wish this would be "the one" that forces us back to a sound currency. Thanks.
And perhaps even prepared spiritually....
Few have eyes to see and ears to hear. Many claim to but few really do.
Original_Intent
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DJIA 20K here we come! Bottom 15K?
Liquidating paper positions to pay margin calls, probably. Pretty much all assets are down. Saw the same behavior back in 2008.
(God bless Aaron Russo)
Todd
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My personal opinion is the market reality is somewhere between 15 and 17. I can't pin it that specifically though.
I have been buying ammo this week . Can't get any toilet paper , not sure what those dumbasses plan on doing with it but I got rolls of paper towels to use as wicks for cocktails.
traders have always been clueless , that is how you get all those overvalued junk stocks that have poor P/E ratios , no dividends etc in the first place .
r3volution 3.0
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Well, the Fed's piddly 1.5 trillion won't be enough to salvage the preposterously large bubble they've blown.
The market's going to need about an order of magnitude more to rebound, and so they will have, sooner or later.
It's either that or failed treasury auctions, which will not be allowed to happen, so...
The market's going to need about an order of magnitude more to rebound, and so they will have, sooner or later.
It's either that or failed treasury auctions, which will not be allowed to happen, so...
Original_Intent
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TARP 2 and QE 5
"US is headed for a massive recession, stagflation." 
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