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The correction is coming, and it will be a bloodbath!

Asheron
Asheron Posts: 1,229 Forumite
in Debate House Prices & the Economy
The correction, soon to be crash, is here: the market had a bigger relative open to close move today than it did on May 6. We closed at the day's lows on massive volume, despite definitive central bank intervention, regardless whether it was the SNB, the ECB, or the Fed.

The central planners have lost control of the market, and all thanks to the inevitable collapse of hyper capitalist Keynesianism coming out of the formerly most communist country in the world. A day of ironies. And it's not over. Futures are already down another 4 handles. The correction is coming, and it will be a bloodbath. The Fed can not push rates lower. It will print. It is inevitable. It is our destiny.

http://www.zerohedge.com/article/bloodbath
As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
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Comments

  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I'm a bit disappointed to be honest. I thought I'd be reading about how the time of 'The correction' would be the moment when the illuminati finally make their bid for power and forever enslave the rest of humanity in their New World Order. Oh well.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    House prices will go down and horrified home owners, driven mad by negative equity, will stumble into the streets in their dressing gowns, before clawing their own eyes out and being torn to shreds by packs of feral wild cats.
  • treliac
    treliac Posts: 4,524 Forumite
    ruggedtoast wrote: »
    House prices will go down and horrified home owners, driven mad by negative equity, will stumble into the streets in their dressing gowns, before clawing their own eyes out and being torn to shreds by packs of feral wild cats.

    And then they'll get up and do it all over again.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Original post also available in English .... no idea where though.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    The Nikkei and ASX (Japan and Aus indices) are down 3%. Hang Seng (HK) is flat and Shanghai is down 1.5%. It's not exactly the end of the financial world just yet.
  • headcone
    headcone Posts: 536 Forumite
    Generali wrote: »
    The Nikkei and ASX (Japan and Aus indices) are down 3%. Hang Seng (HK) is flat and Shanghai is down 1.5%. It's not exactly the end of the financial world just yet.

    Not quite the end of the world I will agree,but surely an indication of capliatist greed limitations?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    headcone wrote: »
    Not quite the end of the world I will agree,but surely an indication of capliatist greed limitations?

    Or a lower appetite for risk after US and German reforms to regulations.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • Doctor_Gloom
    Doctor_Gloom Posts: 397 Forumite
    Generali wrote: »
    . It's not exactly the end of the financial world just yet.
    From where I'm sitting - in a bunker eating baked beans out of a tin - things look rather grim.
  • headcone
    headcone Posts: 536 Forumite
    Masomnia wrote: »
    Or a lower appetite for risk after US and German reforms to regulations.

    Or a more reasoned attitude to the current situation.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Numpty_Monkey
    Numpty_Monkey Posts: 14,196 Forumite
    10,000 Posts Combo Breaker
    dnpuckitt is a spammer:spam:
    PROUD TO BE DEALING WITH MY DEBT NERD #869
    Numpty,Not sure why but I'm crying :o . Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & :( for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
    xx
    DFD 5/1/16
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