Replies to post #2369 on Awesome Stocks

[gfp927z]

Bigworld, Yes, the market does seem to be ahead of itself, considering all the potential landmines out there. Powell is determined to not repeat the 'Volker mistake' of backing off too soon, so he'll probably keep pushing until something big breaks in the financial system.. And who knows, that may be the plan -- to produce a crisis that forces a rapid adoption of the unpopular CBDC as the 'solution'. Ed Dowd has proposed that general scenario for 2024.

Cash and T-Bills are paying 5% or more, so a good alternative to stocks right now. And longer term, being over-weighted in hard assets seems like the way to go -- paid-for real estate, metals, etc. I'd still like to have a modest stock allocation, say 10-20%, but no sense watching the recent gains evaporate imo.




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[bar1080]

There's really is a trick older than the "Oldest Trick In The Book."

"Hundreds of depositors who handed millions to a silver dealer in exchange for precious minted coins were told their vaults were actually empty following an investigation by the U.S. Commodity Futures Trading Commission (CFTC).

Two firms run by precious metals dealer Robert Higgins have been ordered to pay out $112.7 million to the victims of an alleged complex fraudulent scheme, and $33 million in a civil monetary penalty.

The investigation into Higgins and two connected companies began last year."

https://finance.yahoo.com/news/silver-coins-promised-profits-empty-115839138.html

[wow_happens28]

gfp927z and bigworld

What if the all the big USA cities had the turmoil France just had and you jumped on it immediately, what groups of stocks would benefit the most and which ones tank the most? And you would use puts and calls. I am talking about 1 month gainers after the increase in violent protests.

My initial thoughts not in order

Gold and Silver up
Banks down
Live entertainment down

Thar is just my initial thoughts

Story, which I strongly disagree with the title>>>>>>>>>

Why stocks could keep going higher even with massive unrest across America

https://www.cnbc.com/2020/06/02/why-stocks-could-keep-going-higher-even-with-massive-unrest-across-america.html

KEY POINTS
Stocks continue to rally, even as many American cities remain under curfews and are bracing for continued protests.

Analysts said the protests may be alarming, but they are not impacting the stock market, which remains fixated on the economy’s reopening.

A big factor keeping the markets going is the trillions in stimulus from the Fed, other central banks and governments around the world.