US Stock Market Officially Crashes

JLM

JLM

Hall of Fame Member
Nov 27, 2008
75,301
548
113
Vernon, B.C.
Hoid said:
and the reason is that real estate is an actual asset. it has intrinsic value.

stocks are intrinsically worthless.
Click to expand...

I don't see any truth in that, when you own real estate you own land or a building, when you own stocks you might own part of a thousand buildings!

Hoid said:
The market being down for the year now is worth noting.

Would anyone really be surprised if the bottom feel out?

Meanwhile real estate just keeps booming.
Click to expand...

As has the stock market, a little glitch (correction) isn't unexpected and likely a safeguard in the long run.

Hoid said:
Best time to buy since yesterday
Click to expand...
And it could be up 800 tomorrow or next week. It's a good buying opportunity. Slumps in the markets are as much a good thing as a bad thing. :)
 
O

OpposingDigit

Electoral Member
Aug 27, 2017
903
0
16
Hi! PGS

No, I have no investments in the markets. (And never-ever had.)

I am just a political news junkie and have studied these matters quite intensely for the past 50 years.

I might add, that I keep hardly any money in banks now because a "Bail-In" will be required as the economy continues to crumble. I think the safest investment is gold coins from the Canadian Mint. I became interested in gold when it was 250 bucks per ounce in or around 2004-2005.
 
Last edited:
pgs

pgs

Hall of Fame Member
Nov 29, 2008
28,515
8,122
113
B.C.
OpposingDigit said:
Hi! PGS

No, I have no investments in the markets. (And never-ever had.)

I am just a political news junkie and have studied these matters quite intensely for the past 50 years.

I might add, that I keep hardly any money in banks now because a "Bail-In" will be required as the economy continues to crumble. I think the safest investment is gold coins from the Canadian Mint. I became interested in gold when it was 250 bucks per ounce in or around 2004-2005.
Click to expand...
ForEx is a good investment tool , if you are so sure of your hypothesis you should consider it .
 
O

OpposingDigit

Electoral Member
Aug 27, 2017
903
0
16
About 6 weeks ago I claimed that during the week of March 25th, the markets would crash at least a thousand points because of the Chinese Oil/Yuan exchange opening up.

I feel pretty good about my prediction.

And the 26th is Monday, ..... if there is no delay with China opening up the new exchange on Monday, I think the markets will crash another thousand on Monday the 26th.
 
O

OpposingDigit

Electoral Member
Aug 27, 2017
903
0
16
Hi! Walter

I performed a quick search of these forums and you could check February 11 where I first made my claim. And I have been saying it at least twice a week since then. The prediction of "a thousand to 15 hundred . (Perhaps even 2000) drop was made near the beginning of this week.
 
H

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
4
36
There have been some pretty large market moving events, but I will not discount your theory. I don't really know what effect that Chinese market will have
 
Walter

Walter

Hall of Fame Member
Jan 28, 2007
34,887
126
63
OpposingDigit said:
Hi! Walter

I performed a quick search of these forums and you could check February 11 where I first made my claim. And I have been saying it at least twice a week since then. The prediction of "a thousand to 15 hundred . (Perhaps even 2000) drop was made near the beginning of this week.
Click to expand...
Link.
 
O

OpposingDigit

Electoral Member
Aug 27, 2017
903
0
16
Hi! Walter

February 11th, 2018

The U.S. dollar is under attack .... oil is sold in U.S. Dollars and China is the largest importer of oil on the planet. China is about to open an oil exchange where oil will be traded in a Gold backed Yuan. This is a huge threat to the American economy. The demand for U.S. dollars will decrease dramatically. I believe this is why we are seeing huge downward trends in the stock markets. China announced this move the day before the first Dow Index downturn last week. The new Chinese oil exchange is going to open in late March.
http://forums.canadiancontent.net/hot-topics/156726-cbc-television.html#post2582362

-----

4 Weeks Ago:

The big day is March 25th, and when China formally opens its gold/Yuan oil exchange.
I strongly suggest we will witness huge declines in the market as we near that date.
http://forums.canadiancontent.net/u...rump-adds-1-trillion-debt-25.html#post2588577

----

I Had Week Wrong, Thinking the 25th Was Easter Week ..... But the scenario was spelled out here:

I think Friday the 23rd is Good Friday ..... and Easter Monday is the 26th.
We definitely can predict a huge market decline between now and end of trading on Thursday, and at the opening on Tuesday the 27th will have us well aware of the damage done. (I'm thinking it might be 1500 or a 2000 point drop between now and Tuesday morning, perhaps more. Just depends on how much the Fed will fess up..)
http://forums.canadiancontent.net/us-american-politics/157311-stock-market-meltdown-has-do.html

I suspect that if China does open the Yuan Gold Backed Oil Exchange on Monday the 26th as planned, the U.S. will claim that it is retaliation for Trump tariffs, thus leaving the psychological impression that China is "Reacting" and not "Leading" and that it is Trump who is the strong leader and in control of the American economy ..... and not China.
 
Walter

Walter

Hall of Fame Member
Jan 28, 2007
34,887
126
63
You didn’t even know when Easter is so you have no credibility.
 
You must log in or register to reply here.
Top Bottom