bev
Has No Life - Lives on TB
Matt Drudge? Is that you?
ECON FUNG ADVISORY: Markets Selling Off
- Thread starter doctor_fungcool
- Start date
Matt Drudge? Is that you?
night driver
ESFP adrift in INTJ sea
UHMmm
Post #7 ???
Post #7 ???
TheSearcher
Are you sure about that?
Doomer Doug
TB Fanatic
This robbinhood stock trade app will end up totally destroying these day trader fools. A fool and his money are soon parted. It is really gambling and not investing at this point.
Doomer Doug
TB Fanatic
I have always been nervous about Trump's obsession with the dow closing number to validate his economic success. October surprise?
abby normal
insert appropriate adjective here
Redleg
Veteran Member
My guns/ammo weigh the same as well. Better to have than gold/silver in my opinion.
Hfcomms
EN66iq
What would you sell them for? Unless you need to raise cash desperately with no other option you need to hold on to them. The U.S. in bankrupt and is just printing money to pay it's bills like a banana republic does. In inflation/deflation and hyperinflation the metals do very well. If you sell metal you sell them for dollars which are losing value daily. Yeah, they say that the dollar is 'strong' now compared to other currencies but they are all racing into the basement.
Going through this financial reset process you want to save in hard assets that will maintain their value as the overvalued stock and bond markets implode. Gold and silver are two of those hard assets but they could also be real estate [also in bubblicious territory], tools, long term storage foods etc.
Hfcomms
EN66iq
I have always been nervous about Trump's obsession with the dow
You aren't the only one. Live by the DJIA, die by the DJIA. But the stable genius brought it on himself, when he could have just told the honest truth about the state of the economy and not gone all cheerleader over it.
You aren't the only one. Live by the DJIA, die by the DJIA. But the stable genius brought it on himself, when he could have just told the honest truth about the state of the economy and not gone all cheerleader over it.
bev
Has No Life - Lives on TB
No insult intended, The Searcher! My apologies!
Your post just reminded me of what I used to see on The Drudge Report, back before he went rogue.
TheSearcher
Are you sure about that?
goosebeans
Veteran Member
Hey, I resemble that remark!
Actually, some things go up when the market goes down. I love days like this. Just put a little more dosh toward my new quarter horse.
TheSearcher
Are you sure about that?
If a boat is defined as a hole in the water into which the owner throws money - a horse is WORSE
Dobbin! Cover your ears!
How now, down Dow?
510 is nothing.
=================
ETA - some may be interested in seeing this article - very chart heavy so not going to C&P it all, click through to read if interested.
========
The Millennials Are Coming For The Boomers’ Money: One Bank Sees Generational Conflict Breaking Out This Decade
The Millennials Are Coming For The Boomers’ Money: One Bank Sees Generational Conflict Breaking Out This Decade
Published
1 week ago
on
September 12, 2020
By
Tyler Durden
The Millennials Are Coming For The Boomers' Money: One Bank Sees Generational Conflict Breaking Out This Decade Tyler Durden Sat, 09/12/2020 - 20:00
Late last week, we published the executive summary from Jim Ried's latest must read long-term asset return study titled "Age of Disorder" in which the author makes the case that Economic cycles come and go, "but sitting above them are the wider structural super-cycles that shape everything from economies to asset prices, politics, and our general way of life" Having identified five such cycles over the last 160 years...
While there are extensive socio-economic and political implications as this new "Age of Dirsorder" replaces the current outgoing second era of globalization (touched upon here), one key aspect Reid focused on was the market (after all he is a banker), and specifically how current record high global valuations are threatened by the coming "new age", which according to the Deutsche Bank strategist would have tremendous implications for eight major global themes from deteriorating US-China relations, to exploding global debt levels, to the coming runaway inflation and even worse wealth and income inequality, but perhaps most importantly to the coming generational conflict between the young ("poor" Milennials and Gen-Zers) and the old (i.e. rich).
Since the generational divide in not only the US but across the developed world has the potential to be even more disruptive than the record wealth gap, we will take a closer look at Reid's observations on why the intergenerational gap has been widening in recent years and looks set to be even more of an issue in the immediate future.
* * *
The intergenerational divide to end this decade?
///snip
510 is nothing.
=================
ETA - some may be interested in seeing this article - very chart heavy so not going to C&P it all, click through to read if interested.
========
The Millennials Are Coming For The Boomers' Money: One Bank Sees Generational Conflict Breaking Out This Decade - CORONA stocks
The Millennials Are Coming For The Boomers' Money: One Bank Sees Generational Conflict Breaking Out This Decade
www.corona-stocks.com
The Millennials Are Coming For The Boomers’ Money: One Bank Sees Generational Conflict Breaking Out This Decade
The Millennials Are Coming For The Boomers’ Money: One Bank Sees Generational Conflict Breaking Out This Decade
Published
1 week ago
on
September 12, 2020
By
Tyler Durden
The Millennials Are Coming For The Boomers' Money: One Bank Sees Generational Conflict Breaking Out This Decade Tyler Durden Sat, 09/12/2020 - 20:00
Late last week, we published the executive summary from Jim Ried's latest must read long-term asset return study titled "Age of Disorder" in which the author makes the case that Economic cycles come and go, "but sitting above them are the wider structural super-cycles that shape everything from economies to asset prices, politics, and our general way of life" Having identified five such cycles over the last 160 years...
- The first era of globalisation (1860-1914)
- The Great Wars and the Depression (1914-1945)
- Bretton Woods and the return to a gold-based monetary system (1945-1971)
- The start of fiat money and the high-inflation era of the 1970s (1971-1980)
- The second era of globalisation (1980-2020?)
- The Age of Disorder (2020?-????)
While there are extensive socio-economic and political implications as this new "Age of Dirsorder" replaces the current outgoing second era of globalization (touched upon here), one key aspect Reid focused on was the market (after all he is a banker), and specifically how current record high global valuations are threatened by the coming "new age", which according to the Deutsche Bank strategist would have tremendous implications for eight major global themes from deteriorating US-China relations, to exploding global debt levels, to the coming runaway inflation and even worse wealth and income inequality, but perhaps most importantly to the coming generational conflict between the young ("poor" Milennials and Gen-Zers) and the old (i.e. rich).
Since the generational divide in not only the US but across the developed world has the potential to be even more disruptive than the record wealth gap, we will take a closer look at Reid's observations on why the intergenerational gap has been widening in recent years and looks set to be even more of an issue in the immediate future.
* * *
The intergenerational divide to end this decade?
///snip
Well the masses buy in to it.
But how many trillions of dollars has our government put in to market to keep this illusion going?
Mr. Gravy
Veteran Member
I missed this. Who were the Pastors that made the predictions?
goosebeans
Veteran Member
Hey, I resemble that remark!
To be honest, smoking, drinking and racking up the credit card at the mall would far outstrip anything I've had to spend on my horses. And wouldn't bring near as much joy, not to mention the health benefits. My back and hips seize up real quick if I'm not out there doing chores every day. And we don't own a lawn mower - well we might, I don't know where it is.
Plain Jane
Just Plain Jane
Deutsche Bank is the largest bank implicated in the FinCEN leak scandal that came out yesterday.
CRIME - Massive FinCEN Leak Exposes How Biggest Western Banks Finance Drug Cartels, Terrorists & Mobsters
I am beginning to wonder how accidental this leak actually was. https://www.zerohedge.com/markets/massive-fincen-leak-exposes-how-biggest-western-banks-finance-drug-cartels-terrorist Massive FinCEN Leak Exposes How Biggest Western Banks Finance Drug Cartels, Terrorists & Mobsters by Tyler...
Loretta Van Riet
Trying to hang out with the cool kids.
One is Dana Coverstone.