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Tuesday, November 03, 2020 11:30:08 AM
I read somewhere the PTB may crash the market if it doesn't go their way, and they'd take metals and miners down right along with everything else.
That's the message they're feeding to Trump supporters, so that when the crash comes, it's all blamed on the Democrats. But the reality is, before Trump was elected, he said we are in a (quote), "big, fat, ugly bubble." Less than a month after entering office when the stock market soared, he took credit for that as being the sign of a healthy economy, thus showing his true colors. Ever since then he has continually lied about the economy as it circles the drain, claiming it's all good because the stock market is soaring.
There has been no real growth or prosperity over the past decade, only a great, big bubble growing in the stock market. Clear evidence of the wheels coming off the train showed itself in mid-Sep 2019 when the repo market collapsed, requiring Fed intervention. The flu virus, the election, all of this is the smoke screen for the inevitable bubble collapse, and it's all being blamed on Democrats.
It seems clear they are setting the stage for a massive stock market collapse, relatively soon; days, weeks away. It will center around the 'tech' industry, just like in 2000. TSLA, AAPL, other big names will be wiped out, and all the "buy the dip" coat riders along with them.
Get ready for a bumpy ride with a lot of turbulence. It could very well they are consolidating shares in NEVDF as you say. I wouldn't expect the stock to skyrocket immediately afterward, though, even as promising as the company's fundamentals look. It may fall some ways further. As you said, a rising tide lifts all boats, and a falling market usually drags everything down when it, especially when it's a panicked rush to the exits.
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