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Because you just ride the wave and everything always goes up, right?
VC
Which means you lost your ass on the 1K market crash in August, right? Or were you conveniently "out of the market" that day?
VC
OTCRider, please stop. There is absolutely zero reason for a collapse anymore. Sure, we have a currency war. Sure, the Yuan will be added to the currency basket. That's the end game. Comfort in a collective, one-world govt.
VC
Paul Ryan as Speaker guarantees raising the debt ceiling and a new Dow high. Market crash isn't happening, btw. Oh, and Hillary will be the next POTUS.
This is where I'm supposed to chant, "U.S.A, U.S.A", right?
VC
Economy is booming?
VC
Yes, specifically educated-employed-middle class-2nd Amendment-conservative-Christian-white-married-males with children.
VC
If so, then with the F happened in 2008? 2000? 1987?
VC
Shitting my pants.
VC
I'm really pissed that the FEDS have this much control. Maybe they always have, but I have kids, damnit! Quit f-ing with THEIR future.
VC
Sultan77- eventually, sanity will reign. Unfortunately, along with that sanity will be misery. I hate politicians. And I never hate anyone.
VC
You as well, 77S!
VC
At least we're positioned for that event.
VC
1,000 pts at a market open is a warning shot in my mind. A crash is 20% in my mind.
VC
Define crash, please. Thank you.
VC
LOL. You ignored the Yuan comment.
VC
Watch the market. World leaders want Fed rate hike. Also to add the Yuan to the currency basket. If so, dollar is said to lose a potential 40%.
VC
IMF meeting today in Peru.
VC
What would be weird about selling high?
VC
No. How about "The Most Important Things" by Howard Marks?
VC
Build a real country? You mean "build a real currency". Right?
VC
Aren't they all acting like that?
VC
The IMF will vote to allow the Yuan to join the currency basket. How much will that affect the Dollar? Some say a devaluation by 40%. Also, I suspect silver would be a good candidate as the basis for the new currency median.
http://www.profitconfidential.com/silver/silver-prices-could-surge-420-if-this-one-thing-happens/
Read the article above.
VC
Don't forget to devalue the dollar within your equation and get back to us with the real numbers. Thanks.
http://www.wsj.com/articles/still-paying-the-price-of-keynesian-currency-1444346790
VC
She's waiting to add the Yuan to the currency basket. When that happens, the market will crash with the dollar and silver will explode!
VC
You in?
VC
AG, FSM, ASM or CDE?
VC
These things must come to pass...
VC
OK, why do you suspect they are selling their gold?
VC
Does this suggest that the Chinese think a one-world currency will be the Yuan?
VC
I disagree. Something/someone will crack. You can't tell me that short positions on commodities and VIX aren't nervous. Any major world event will absolutely crush the markets and simultaneously, shorts. With such an event, you can't cover fast enough to save your profit. Instead, you attempt to find shares at a much higher premium. If/when the currency collapses, shorts will be forced to cover precious metals AND simultaneously attempt to build a position knowing that precious metals will be the foundation of a new currency. This will be the greatest transfer of wealth the world may have ever witnessed. Hold some physical because 90% of the world's citizens do not.
VC
What makes Silver Eagles "the best silver in the world"? I don't know these things. Thanks.
VC
LOL. In the end, when silver is trading $100 per oz, it won't matter!
VC
That's why I kept it simple and bought Buffaloes and Eagles. I didn't like paying $5 over spot for the Eagles, but that might be cheap in the near future.
VC
Buff: local coin dealer, pd $2 over spot and no sales tax.
Eag: local coin dealer, pd $5 over spot and no sales tax.
VC
http://www.jmbullion.com/2015-1-oz-silvertowne-buffalo-round/
http://www.jmbullion.com/2015-american-silver-eagle/
I love the Buffaloes. I plan on trading my collection in for land after the economy and market crash, pm short squeeze occurs and pms become the new currency. The greatest wealth transfer in our time.
VC
At this rate, no one will pay. I haven't had a meaningful raise since 2002. Seriously. I'm not complaining, but the price of everything has risen. Me. Still making the same amount of money. Something is wrong and, in the end, it cannot possibly be a soft landing.
VC
Why does it always take a crash? The American way? Good grief. Pare the damn market down! Yes, I'd love $100 p/share here, but I love our country and way of life MORE than my money. I'm pretty pissed tonight that it always takes calamity to get our attention!
VC