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To: Rarebird who wrote (113035)11/11/2020 6:22:48 AM
From: Real Man  Read Replies (4) | Respond to of 116764
 
It is a huge bubble of course, the Fed being the chief bubble blower. I am already in partially. The downfall will be a huge pick up in inflation. Halted production facilities with the printing press operating at full speed. The Fed is a shameless bubble blower. All time highs for market cap in terms of GDP. Stocks, what a fucking bargain! Pick up cheap stoxx while it’s recession and they are on sale at ATH! Cheap cheap cheap! I am adding to pms too. That’s more of a market than stocks. At least it goes down, not just up. The Fed is shamelessly printing money to prop up equities. USA USA hazzah to free market! What a fucking banana republic! There is enormous risk being long equities. I am taking delivery for all physical precious metals. Fuck you JP fucking Morgan can’t lend out my shit. You will have to buy it back from me at much higher prices.



To: Rarebird who wrote (113035)11/11/2020 6:50:13 AM
From: Real Man  Read Replies (1) | Respond to of 116764
 
It is hard to believe the stock market will have an amazing 10 year bull run at these record valuations. Maybe another quarter or two. Traditionally first 2 years of new President are bad, so we have less than 2 months of bull. The downfall is directly-manipulated bonds when high inflation surfaces. It will. There is no concern at the Fed about the value of US dollar, short or long term. Money can move to China. It’s best to leave the dysfunctional monetary system via physical precious metals. That bull is in its infancy thanks to JPM raid of 2013. Next year when cdc eviction moratorium expires we will have evictions and defaults ramping up starting January. We don’t have another bubble in real estate either. The Fed and the Congress have to plug a lot of holes in the dike.



To: Rarebird who wrote (113035)11/11/2020 2:01:32 PM
From: Real Man  Read Replies (1) | Respond to of 116764
 
I am buying, and I am averaging in. My purchases tend to cause meltdowns due to very bearish views, so I am self-contrarian a bit. I am going to buy more on a larger selloff. I still think chances of a large stimulus package are slim, most likely no United blue Congress, and there will be Covid shutdown during winter.
I do need a big crash to buy in substantially, otherwise I will keep building a long position by trickling in over years.