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Has the dead cat finished bouncing?

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  • EdGasketTheSecond
    EdGasketTheSecond Posts: 2,558 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    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.

  • Alexland said:
    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.
    I actually post things I believe are relevant to the thread and which I think other readers might find interesting even if you dont; thank you.

  • There's always a crash coming so nobody looks smart by pointing this out.

    If they could specify when though......
    The thread is entitled 'Has the dead cat finished bouncing?'. When I say a crash is coming I mean the dead cat has finished bouncing, the crash is here and now. Either with the market numbers going down (i.e. FTSE and DOW Jones Index) or by the dollar crashing through excess FED 'stimulus' to keep the market up.

  • Alistair31
    Alistair31 Posts: 978 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    edited 4 May 2020 at 10:55AM
    There's always a crash coming so nobody looks smart by pointing this out.

    If they could specify when though......
    The thread is entitled 'Has the dead cat finished bouncing?'. When I say a crash is coming I mean the dead cat has finished bouncing, the crash is here and now. Either with the market numbers going down (i.e. FTSE and DOW Jones Index) or by the dollar crashing through excess FED 'stimulus' to keep the market up.

    Would you say now might be a good time to buy gold ? ;)
  • EdGasketTheSecond
    EdGasketTheSecond Posts: 2,558 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 4 May 2020 at 10:58AM
    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.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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.


    Next generation always believes that they know better. We've all been there.  ;)
  • ProDave
    ProDave Posts: 3,785 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Combo Breaker
    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?
  • 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, Ed
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