**** WARNING ***Greatest economic crash in history March 2nd 2021 | |
Anonymous Coward User ID: 77536459 United States 02/24/2021 06:01 PM Report Abusive Post Report Copyright Violation | Yup. Quoting: Anonymous Coward 77363359 BTC over 50k now. TRACE Act and Banking for All Act primed up ready for Congress to pass which allows for the creation of digital wallets. It's coming and there ain't nothing anyone can do except pray and endure through. And when you think it's getting better? That's only the false salvation coming to take advantage of your desperation. I refuse to waste money on an ethereal form of mine stripping..... don't have much silver and a couple 1/10tyh 1oz of gold but it is better than the blue pill they are pushing..... no thank you.... pray prep and protect.... |
Anonymous Coward User ID: 77711837 United States 02/24/2021 06:04 PM Report Abusive Post Report Copyright Violation | **** WARNING *** **** WARNING **** *** WARNING *** Quoting: Anonymous Coward 79815778 Sell ALL of your stocks, IRA's, Mutual Funds, 401k. SELL IT ALL!! Buy physical gold and silver. **** WARNING *** **** WARNING *** **** WARNING *** Crypto will be world currency but not until the crash is over. Once everyone loses it all will the elites once again gain control by having most of the worlds cryptos. The Bull.... The Shit.... |
Anonymous Coward User ID: 79825538 United States 02/24/2021 06:10 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80066512 United States 02/24/2021 06:17 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 71315612 United States 02/24/2021 06:18 PM Report Abusive Post Report Copyright Violation | **** WARNING *** **** WARNING **** *** WARNING *** Quoting: Anonymous Coward 79815778 Sell ALL of your stocks, IRA's, Mutual Funds, 401k. SELL IT ALL!! Buy physical gold and silver. **** WARNING *** **** WARNING *** **** WARNING *** Crypto will be world currency but not until the crash is over. Once everyone loses it all will the elites once again gain control by having most of the worlds cryptos. Will I still get my Biden Bucks? |
Anonymous Coward User ID: 45630516 United Kingdom 02/24/2021 06:21 PM Report Abusive Post Report Copyright Violation | |
Tango User ID: 79862285 United States 02/24/2021 06:40 PM Report Abusive Post Report Copyright Violation | Market crashes are good for the markets! You get rid of bubbles and smart investors know how to make money in any market! In the 2008 housing crisis I bought foreclosed property for cents on the dollar and rented it out! Sold most of it during the pricing climb and made money! tango220 |
Anonymous Coward User ID: 72552145 United States 02/24/2021 06:40 PM Report Abusive Post Report Copyright Violation | **** WARNING *** **** WARNING **** *** WARNING *** Quoting: Anonymous Coward 79815778 Sell ALL of your stocks, IRA's, Mutual Funds, 401k. SELL IT ALL!! Buy physical gold and silver. **** WARNING *** **** WARNING *** **** WARNING *** Crypto will be world currency but not until the crash is over. Once everyone loses it all will the elites once again gain control by having most of the worlds cryptos. You cant time the market. |
Anonymous Coward User ID: 75993659 Canada 02/24/2021 06:40 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80009542 United States 02/24/2021 06:43 PM Report Abusive Post Report Copyright Violation | Bill Gates Disposable Flamethrower Vending Machine The disposable flamethrower was actually wielded by Bill Gates through the entirety of his career, allowing him to become the world's ultimate leader through his superweapon. When Gates was finally defeated by the alliance of the penguins, he sent a disposable flamethrower back through time to kill himself. The flamethrower was luckily destroyed by Gates using a conveniently placed factory, and he used the remains to design a new invention, known as the "disposable flamethrower", which he then wielded through the entirety of his career. When the alliance of the penguins finally infiltrated his secret base, they discovered what would become the first disposable flamethrower vending machine: a PC running on Windows 3.1, the best Windows OS to that date (which was 2015, by the way). It barely crashed at all, and dispensed flamethrowers many times faster than any Vista PC could hope to achieve. The alliance of the penguins copied the source code for MS-Flamethrower, and recompiled it into GFlame, KBurn and XFD (XFD Flamethrower Dispenser). These three applications were quickly uploaded to various package repositories, and within thirty-eight seconds, every PC owner in the world was churning out disposable flamethrowers. The penguins began to design a customised vending machine, running on a small Debian distribution, which used XFD, the most recursive application of the three. The vending machines spread all over the world, and became incredibly popular. Eventually, Bill Gates realised what the penguins had done, and attempted to sue XFD, which had obviously been stolen from MS-Flamethrower. However, as XFD did not crash, it was ruled that it could not have been stolen from a Microsoft product. |
Tango User ID: 79862285 United States 02/24/2021 06:45 PM Report Abusive Post Report Copyright Violation | |
beau voir User ID: 77975641 Canada 02/24/2021 06:46 PM Report Abusive Post Report Copyright Violation | [link to kingworldnews.com (secure)] “Game Over” And We Are Seeing Shocking Levels Of Inflation One of the greats in the business looks at “Game Over,” while another points out the shocking levels of inflation we are seeing. Yes, They Are Lying About Inflation Fred Hickey: “Poor J. Powell. Can’t get inflation up as it remains too “soft.” Meanwhile: “Domestic steel prices have risen more than 160% since last August,” lumber prices more than doubled, house prices up 14% year-over-year, Oil over $60 a barrel, “skyrocketing” shipping costs. Food prices up double-digits, industrial inputs up over 30% – tin at 10-year high, copper at 9-year high (nearing a record) iron ore up over 65%, rubber up 40+%, Walmart raising wages (again), $15 federal minimum wage proposals, multiple states implementing their own $15 level and M2 +26%. Propane costs up 30%, worst semiconductor shortages that I can ever remember, leading to across-the-board price hikes, and on and on. Inflation too “soft”? The only thing soft about inflation is the way the BLS calculates it.” Also of importance… Danielle DiMartino Booth at Quill Intelligence: There is dissension in QI’s ranks. We know that 1974’s The Godfather Part II is the best sequel ever. With flawless performances by Robert DeNiro and Al Pacino, it garnered even more Oscars for Francis Ford Coppola than his first epic and was the first sequel to win Best Picture at the Academy Awards. read... beau voir |
Anonymous Coward User ID: 80084832 Canada 02/24/2021 06:46 PM Report Abusive Post Report Copyright Violation | I think OP may be right. Read The Last President by Ingersoll Lockwood from 1900. He predicted that March 4, the President will revert the country to the gold standard so the stock market will dissolve (no fiat to trade) on March 5th. Lockwood also published a book in 1896 called The Adventures of Bar0n Trump. I found a free pdf copy of The Last President via Library of Congress website; it’s only 48 pages. |
beau voir User ID: 77975641 Canada 02/24/2021 06:55 PM Report Abusive Post Report Copyright Violation | [link to kingworldnews.com (secure)] Quoting: beau voir “Game Over” And We Are Seeing Shocking Levels Of Inflation One of the greats in the business looks at “Game Over,” while another points out the shocking levels of inflation we are seeing. Yes, They Are Lying About Inflation Fred Hickey: “Poor J. Powell. Can’t get inflation up as it remains too “soft.” Meanwhile: “Domestic steel prices have risen more than 160% since last August,” lumber prices more than doubled, house prices up 14% year-over-year, Oil over $60 a barrel, “skyrocketing” shipping costs. Food prices up double-digits, industrial inputs up over 30% – tin at 10-year high, copper at 9-year high (nearing a record) iron ore up over 65%, rubber up 40+%, Walmart raising wages (again), $15 federal minimum wage proposals, multiple states implementing their own $15 level and M2 +26%. Propane costs up 30%, worst semiconductor shortages that I can ever remember, leading to across-the-board price hikes, and on and on. Inflation too “soft”? The only thing soft about inflation is the way the BLS calculates it.” Also of importance… Danielle DiMartino Booth at Quill Intelligence: There is dissension in QI’s ranks. We know that 1974’s The Godfather Part II is the best sequel ever. With flawless performances by Robert DeNiro and Al Pacino, it garnered even more Oscars for Francis Ford Coppola than his first epic and was the first sequel to win Best Picture at the Academy Awards. read... [link to kingworldnews.com (secure)] read...read...read.. In short, the real issue is the obvious iceberg ahead, not chocolate vs. vanilla eclairs, Amazon vs. Tesla or even Bitcoin vs. gold. Today, the big questions, and the big variables as well as icebergs, all hinge upon the “macros”—you know, boring things like historically unpresented (as well as unpayable) debt levels, openly absurd risk-asset bubbles and the artificial measures central bankers and politicos will and must employ to postpone the inevitable. What to Watch Toward this end, central banks and fiscal deficits are the big forces/variable to watch, as are rising or falling bond yields and inflation rates. Whatever one’s view of the COVID pandemic and the relief policies which followed, there are 10 million less folks employed in the U.S. today than last year, despite massive fiscal support. This means we can expect even more aid, and hence more debt ahead, especially with a Biden-supported Congress. More aid, whether greater or larger than the last administration’s, also means more money supply creation as well as more money supply inflation to “pay” for the aid. In just one year, we saw a massive increase in the broad money supply (printed money, currency already in circulation, checking & saving accounts etc.), and we can expect more this year… t’s thus rational to anticipate a base case of large aid packages ahead and hence a Fed continuing to purchase the bonds issued to pay for that aid, currently at a rate of $80B per month, which means we can expect at least another $1T in deficits. Why Deficits Matter Deficits, of course, matter. They are like credit ice cubes which turn into debt icebergs. We can also assume, quite confidently, that the money printing needed to purchase those otherwise unloved sovereign bonds will continue. Why? The answer is as simple as it is tragic: If the Fed didn’t buy those Treasuries, their yields would rise, which means rates (i.e. the cost of debt) would rise too. But here’s the rub: Our cornered Fed and Treasury Dept. can’t afford rising rates. Not even one tiny bit of them. Thus, to keep rates and yields artificially low, desperate Yield Curve Control (YCC) is inevitable. The Fed has NO CHOICE but to continue its pattern (think Q4 of 2018 & 2019) of rushing to the rescue by printing more money (QE) whenever markets tank in order to purchase demand-less bonds and thus artificially repress yields and rates (YCC). Alas: More “Uh-Oh” moments are inevitable, as is more QE and YCC, at least until even that rigged game implodes… Revisiting Inflation So, what can we rationally expect going forward? What key indicator, as well as key asset, are the logical choices? History, as usual, gives us some credible maps to follow. As always, this involves a deeper dive into seemingly “boring” topics like inflation, Treasury yields and desperate bankers. Toward that end, we need to revisit—you guessed it—inflation… Fortunately, the 20th century gives us two inflationary case studies—the 1940’s and 1970’s—to make the future clearer, with no need for tarot cards… read... [link to kingworldnews.com (secure)] beau voir |
Anonymous Coward User ID: 79520762 United States 02/24/2021 06:58 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78636371 Germany 02/24/2021 06:58 PM Report Abusive Post Report Copyright Violation | [link to kingworldnews.com (secure)] Quoting: beau voir “Game Over” And We Are Seeing Shocking Levels Of Inflation One of the greats in the business looks at “Game Over,” while another points out the shocking levels of inflation we are seeing. Yes, They Are Lying About Inflation Fred Hickey: “Poor J. Powell. Can’t get inflation up as it remains too “soft.” Meanwhile: “Domestic steel prices have risen more than 160% since last August,” lumber prices more than doubled, house prices up 14% year-over-year, Oil over $60 a barrel, “skyrocketing” shipping costs. Food prices up double-digits, industrial inputs up over 30% – tin at 10-year high, copper at 9-year high (nearing a record) iron ore up over 65%, rubber up 40+%, Walmart raising wages (again), $15 federal minimum wage proposals, multiple states implementing their own $15 level and M2 +26%. Propane costs up 30%, worst semiconductor shortages that I can ever remember, leading to across-the-board price hikes, and on and on. Inflation too “soft”? The only thing soft about inflation is the way the BLS calculates it.” Also of importance… Danielle DiMartino Booth at Quill Intelligence: There is dissension in QI’s ranks. We know that 1974’s The Godfather Part II is the best sequel ever. With flawless performances by Robert DeNiro and Al Pacino, it garnered even more Oscars for Francis Ford Coppola than his first epic and was the first sequel to win Best Picture at the Academy Awards. read... [link to kingworldnews.com (secure)] read...read...read.. In short, the real issue is the obvious iceberg ahead, not chocolate vs. vanilla eclairs, Amazon vs. Tesla or even Bitcoin vs. gold. Today, the big questions, and the big variables as well as icebergs, all hinge upon the “macros”—you know, boring things like historically unpresented (as well as unpayable) debt levels, openly absurd risk-asset bubbles and the artificial measures central bankers and politicos will and must employ to postpone the inevitable. What to Watch Toward this end, central banks and fiscal deficits are the big forces/variable to watch, as are rising or falling bond yields and inflation rates. Whatever one’s view of the COVID pandemic and the relief policies which followed, there are 10 million less folks employed in the U.S. today than last year, despite massive fiscal support. This means we can expect even more aid, and hence more debt ahead, especially with a Biden-supported Congress. More aid, whether greater or larger than the last administration’s, also means more money supply creation as well as more money supply inflation to “pay” for the aid. In just one year, we saw a massive increase in the broad money supply (printed money, currency already in circulation, checking & saving accounts etc.), and we can expect more this year… t’s thus rational to anticipate a base case of large aid packages ahead and hence a Fed continuing to purchase the bonds issued to pay for that aid, currently at a rate of $80B per month, which means we can expect at least another $1T in deficits. Why Deficits Matter Deficits, of course, matter. They are like credit ice cubes which turn into debt icebergs. We can also assume, quite confidently, that the money printing needed to purchase those otherwise unloved sovereign bonds will continue. Why? The answer is as simple as it is tragic: If the Fed didn’t buy those Treasuries, their yields would rise, which means rates (i.e. the cost of debt) would rise too. But here’s the rub: Our cornered Fed and Treasury Dept. can’t afford rising rates. Not even one tiny bit of them. Thus, to keep rates and yields artificially low, desperate Yield Curve Control (YCC) is inevitable. The Fed has NO CHOICE but to continue its pattern (think Q4 of 2018 & 2019) of rushing to the rescue by printing more money (QE) whenever markets tank in order to purchase demand-less bonds and thus artificially repress yields and rates (YCC). Alas: More “Uh-Oh” moments are inevitable, as is more QE and YCC, at least until even that rigged game implodes… Revisiting Inflation So, what can we rationally expect going forward? What key indicator, as well as key asset, are the logical choices? History, as usual, gives us some credible maps to follow. As always, this involves a deeper dive into seemingly “boring” topics like inflation, Treasury yields and desperate bankers. Toward that end, we need to revisit—you guessed it—inflation… Fortunately, the 20th century gives us two inflationary case studies—the 1940’s and 1970’s—to make the future clearer, with no need for tarot cards… read... [link to kingworldnews.com (secure)] The disposable flamethrower was actually wielded by Bill Gates through the entirety of his career, allowing him to become the world's ultimate leader through his superweapon. |
Anonymous Coward User ID: 79136535 United States 02/24/2021 07:00 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80083328 United States 02/24/2021 07:00 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75843569 United States 02/24/2021 07:02 PM Report Abusive Post Report Copyright Violation | **** WARNING *** **** WARNING **** *** WARNING *** Quoting: Anonymous Coward 79815778 Sell ALL of your stocks, IRA's, Mutual Funds, 401k. SELL IT ALL!! Buy physical gold and silver. **** WARNING *** **** WARNING *** **** WARNING *** Crypto will be world currency but not until the crash is over. Once everyone loses it all will the elites once again gain control by having most of the worlds cryptos. Good something might finally anger people enough to revolt THE ONLY ONES TO GAIN FROM A ROVOLT IS SATAN FOR AFTER THE REVOLT HE WILL KILL ALL THE REVOLUTIONARYS THAT'S JUST WHAT HE DOES |
Anonymous Coward User ID: 19122937 United States 02/24/2021 07:09 PM Report Abusive Post Report Copyright Violation | **** WARNING *** **** WARNING **** *** WARNING *** Quoting: Anonymous Coward 79815778 Sell ALL of your stocks, IRA's, Mutual Funds, 401k. SELL IT ALL!! Buy physical gold and silver. **** WARNING *** **** WARNING *** **** WARNING *** Crypto will be world currency but not until the crash is over. Once everyone loses it all will the elites once again gain control by having most of the worlds cryptos. Good something might finally anger people enough to revolt THE ONLY ONES TO GAIN FROM A ROVOLT IS SATAN FOR AFTER THE REVOLT HE WILL KILL ALL THE REVOLUTIONARYS THAT'S JUST WHAT HE DOES WELL THANK GOD I HAVE A FRIEND IN JESUS ... CHRIST ALMIGHTY WHAT A PAL! You need to more carefully type in all caps. |
Anonymous Coward User ID: 78883105 United States 02/24/2021 07:11 PM Report Abusive Post Report Copyright Violation | Hahahahahaha. Quoting: Anonymous Coward 80066512 Nope, holding my portfolio in to the ultra bubble move upwards. Noob. Me too, but the OP has a point that the markets are out of whack The indices are too heavily weighted in TSLA, FB, AMZN and a couple of others that hide what the rest of the market is doing. Money Velocity is slowing, Covid shutdowns have crippled the middle class as Small Businesses are going bankrupt for good. Disposable income is gone and people are spending their savings to stay afloat. A stolen election does not bode well and Sleepy Joe is as good as dead. Since you are no Noob, revisit your exit strategies at realistic prices. |
Anonymous Coward User ID: 64450843 United States 02/24/2021 07:17 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73087173 United States 02/24/2021 07:31 PM Report Abusive Post Report Copyright Violation | You obviously do very little is any of investing. Markets have been crashing for 2 weeks now. Markets are showing the similar charts before the last crash. We are in for some difficult times. Do want you want but it would be wise to prepare. Then why didn't you come out and fucking say that smooth brain. Show us the logic explain how you know this is true, before you tell people to sell off there life saving and pull out of 401ks losing massive amounts of money for early pulls. Your irresponsible and fool. |
Anonymous Coward User ID: 55971340 Netherlands 02/24/2021 07:37 PM Report Abusive Post Report Copyright Violation | |
Jungleboogie User ID: 76648271 Canada 02/24/2021 07:39 PM Report Abusive Post Report Copyright Violation | When Bill Gates flat-out tells you Bitcoin should only be for the rich. Oh, right that already happened. BTC, Silver, Gold, some commodities would be good too and food. Why food? Oh right, Bill Gates is buying every farm he can get his hands on. Embrace the cognitive dissonance. |
Duncan the destroyer User ID: 80069838 United States 02/24/2021 07:45 PM Report Abusive Post Report Copyright Violation | You obviously do very little is any of investing. Markets have been crashing for 2 weeks now. Markets are showing the similar charts before the last crash. We are in for some difficult times. Do want you want but it would be wise to prepare. Hate to break it to you but markets hit a record today Duncan the destroyer |
Anonymous Coward User ID: 55971340 Netherlands 02/24/2021 07:46 PM Report Abusive Post Report Copyright Violation | [link to kingworldnews.com (secure)] Quoting: beau voir “Game Over” And We Are Seeing Shocking Levels Of Inflation One of the greats in the business looks at “Game Over,” while another points out the shocking levels of inflation we are seeing. Yes, They Are Lying About Inflation Fred Hickey: “Poor J. Powell. Can’t get inflation up as it remains too “soft.” Meanwhile: “Domestic steel prices have risen more than 160% since last August,” lumber prices more than doubled, house prices up 14% year-over-year, Oil over $60 a barrel, “skyrocketing” shipping costs. Food prices up double-digits, industrial inputs up over 30% – tin at 10-year high, copper at 9-year high (nearing a record) iron ore up over 65%, rubber up 40+%, Walmart raising wages (again), $15 federal minimum wage proposals, multiple states implementing their own $15 level and M2 +26%. Propane costs up 30%, worst semiconductor shortages that I can ever remember, leading to across-the-board price hikes, and on and on. Inflation too “soft”? The only thing soft about inflation is the way the BLS calculates it.” Also of importance… Danielle DiMartino Booth at Quill Intelligence: There is dissension in QI’s ranks. We know that 1974’s The Godfather Part II is the best sequel ever. With flawless performances by Robert DeNiro and Al Pacino, it garnered even more Oscars for Francis Ford Coppola than his first epic and was the first sequel to win Best Picture at the Academy Awards. read... |
CovidSafe User ID: 4812794 United States 02/24/2021 07:47 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77921993 United Kingdom 02/24/2021 07:50 PM Report Abusive Post Report Copyright Violation | You obviously do very little is any of investing. Markets have been crashing for 2 weeks now. Markets are showing the similar charts before the last crash. We are in for some difficult times. Do want you want but it would be wise to prepare. Hate to break it to you but markets hit a record today It's called short selling. huge pumps before the cliff edge to make that last buck |
Anonymous Coward User ID: 79781387 United States 02/24/2021 08:04 PM Report Abusive Post Report Copyright Violation | $250 in US currency Quoting: Anonymous Coward 79815778 Your Crypto USB stick 10 oz of Gold 10 oz of Silver What would be valuable? You forget another one commodity that the elite are buying up as fast as they can get it. LAND. Good farmland will feed you where the others will not. And with all of the turd world coming over the border land is only going to get more expensive. Shit housing is so expensive now that your average starting wage would never be able to afford a house. Shit my house has over doubled its value in the past 15 years and acreage has gone through the roof. |