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Tiz nice to see you, any update on BTG?

I might speculate on a few other miners as well if you got any.

Interesting times ahead
 

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What is the odds of Trump impeachment in 2019? Mueller pretty much has Trump cronies in his bag...Flynn, Cohen, Manafort. I’ll would be paying very close attention to his final report expected to release in mid or late Feb. Trump does not seem to have many friends on Rep side nowadays. Trump impeachment is a Black Swan event the mother bears have been waiting for.
 

the bear is back biatches!! printing cancel....
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What is the odds of Trump impeachment in 2019? Mueller pretty much has Trump cronies in his bag...Flynn, Cohen, Manafort. I’ll would be paying very close attention to his final report expected to release in mid or late Feb. Trump does not seem to have many friends on Rep side nowadays. Trump impeachment is a Black Swan event the mother bears have been waiting for.

It’s all a circus to distract from important issues and inconsequential in the grand scheme of things.. this bubble was created long again and it’s collapse has nothing to do with trump or whoever is POTUS..

look at the Middle East only way to keep massive inequality going and somewhat stable.. is to create bullshit division along with massive socialism..

in the US .. left/right is being radicalized in order to distract the average joe’s from the true enemy.. poor whites are right.. poor minorities immigrants on the left.. as elite concentrate more control and wealth.
 

the bear is back biatches!! printing cancel....
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Tiz nice to see you, any update on BTG?

I might speculate on a few other miners as well if you got any.

Interesting times ahead

btg operationally is doing quite well and has held its ground much better than the other gold miners.. should take off if gold ever can break out (think it will soon once it becomes crystal clear fed will be forced to reverse course and head back to ZIRP)
 

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Schiff been pumping out pods 1x a day lately with all the turbulence. I've listened to most of them, didn't really listen much for awhile because it was so repetitive and nothing was really happening.

Starting to see some of the bigger names in finance turn bearish as well. Greenspan called for stagflation a few days ago, Gundlach said he thinks we're entering a bear market on CNBC (Cramer saying "stick to bonds" then apologizing a few days later was hilarious, what a clown)

Still think fed will step in with ZIRP/QE rather than let equities dive. They won't wait for GDP to turn bad, it's too much of a lagging indicator.
 

the bear is back biatches!! printing cancel....
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It won’t matter if they reverse course/how fast they do it.. they always do as SHTF.. markets still end up 50%+ lower than the top.. it’s already baked in by past policy mistakes.. read hussman’s articles.. so well explained in gory detail.. if you really want to understand what’s going on..
 

bushman
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Even Rome collapsed

and they had no real competition

Greed and corruption is in the genes, there's always one group of monkeys who want all the bananas
All you can do is try to protect yourself from the worst of it

plus ça change, plus c'est la même chose
The more things change the more they stay the same

You usually end up with revolution politics, Trump is a symptom of this
The more inequality you get the more pronounced this becomes
 

bushman
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I think markets are hugely over valued

The Dow has caught up with the Nikkei which would be bonkers 25+ years ago

A 50% correction is essential for fiscal sanity IMO
 

bushman
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The one thing they are all petrified of is Digital currencies

Marshall Islands warned against adopting digital currency
https://www.bbc.co.uk/news/technology-45485685

60,000 people literally in the middle of nowhere and the big boys still get antsy if there's even a hint of an independent digital currency

It did occur to me while I was watching the Dow nosedive that they can crash the system
but they can't touch my coins

In the real world the rich seem to have adopted the swiss franc as the safe haven for money
 

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Going totally anti combustion here

The diesel car market is going down the toilet and cities are gearing up to ban combustion vehicles

Oil looks like it's going the way of coal in the more advanced societies

No doubt it will adapt but easy street looks like its gone

I like energy at this level. HAL/DVN/OXY will run up fast when oil rebound.
 

the bear is back biatches!! printing cancel....
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Here comes the rally I was expecting as markets were very oversold near term.... bear markets are always huge roller coasters with many sharp hope rallies along the way..
 

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There are still a lot of headwinds going into 2019

Trump Trade War
Fed Rate Hike
QE Runnoff
Japan/Europe recession

The biggest risk is a possible Trump impeachment. If there are dirts from Mueller report, I think the Dem will move forward trying to screw Trump.
 

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They market could be jumpy about these tit for tat arrests with the US/Canada and China
Plus Donald is shutting down the gov for a while

One of them could face death penalty in China - drug smuggling.
 

Conservatives, Patriots & Huskies return to glory
Handicapper
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Hello old friends, is this the longest bear market in history or what? Has to be at least 10 years now :)

Happy New Year boys, stay safe :toast:








PS: Love the fact that this thread is still going, seriously
 

Conservatives, Patriots & Huskies return to glory
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Some classic names found in this thread, I miss a bunch of those guys too
 

bushman
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We come and we go, such is life
The only thing that stays the same is that things change

Have a prosperous New Year Wullie
 

bushman
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Interesting times ahead, opportunities opening up

Big question is:
When is the bottom?

Bottoms much harder to predict than tops
 

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Bottom isn't far and the opportunity to buy index funds will be very good.
 

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We will get to a over sold situation once the crazy goes away. 18900 on the DOW. The market will go up but not much. Trade the drops, it will hit a low, buy a couple out of the money calls, it will bounce back 400 to 1000, the sell and buy puts. It's doing this every day.
EUROPE WILL BE IN A RECESSION. WE HAVE WALL STREET.

S&P 500: Today @ 2386 to 2430/ Buy calls. Sell @ 2560 to 2500
Turn around and buy Puts @ 2542 to 2525....................sell at the end of the day. Give or take 50 to 75 points.
 

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