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Has the dead cat finished bouncing?
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US Debt Clock:Debt increasing while Tax Revenues are falling. Debt is increasing at the rate of almost a trillion $ every week or so. A crash is coming.
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There's always a crash coming so nobody looks smart by pointing this out.
If they could specify when though......8 -
EdGasketTheSecond said:US Debt Clock:Domain registered 2008 and have paid fees to 2025 so they don't think they world is going to end just yet.I don't see what you are trying to prove by picking out oddball things you agree with when the Internet covers a broad range of views. Seems to be a classic case of confirmation bias or maybe you are just trolling us.7
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Alexland said:EdGasketTheSecond said:US Debt Clock:I don't see what you are trying to prove by picking out oddball things you agree with when the Internet covers a broad range of views. Seems to be a classic case of confirmation bias or maybe you are just trolling us.
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Sailtheworld said:There's always a crash coming so nobody looks smart by pointing this out.
If they could specify when though......
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EdGasketTheSecond said:Sailtheworld said:There's always a crash coming so nobody looks smart by pointing this out.
If they could specify when though......3 -
Yes, the best time ever; and silver. Plus once the virus is over then associated mining companies in countries with +ve swap lines with the US. (Some mines under lockdown currently; countries that do not have +ve swap lines may start to over-tax gold miners or even nationalise them so there is geo-political risk).NB. There may be a short-term pull back in gold if the market crashes so you can either buy now and take that chance or wait and see but maybe miss out on the rise if there is no pull back in the gold price.0
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DiggerUK said:Thruglemir, your responses give no answers. Referral to "Buffets letter to shareholders" of times past explains nothing, to me it avoids throwing any light on BH modus operandi. Going back to what WB said in 1984 is of no real value 36 years after the event, one should expect such people to have moved on from then.
I dread to think what I was saying that long ago, I expect I would disown some of my comments from then.1 -
I would say the cat has finished bouncing, about yesterday.The markets have finally woken up to the fact Q2 GDP is going to be a LOT worse than the already bad Q1 GDP.Is this the start of the REAL crash?0
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Could be; or markets could still 'melt up' on further excessive QE but it would only be another phoney rally. Ultimately we are going down.
Long gold and silver, short stocks, Ed0
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