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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (169238)3/6/2021 9:32:10 PM
From: sense  Read Replies (1) | Respond to of 217734
 
"am trying to imagine what the documentary on the crisis coming our way will one day play"

I do think there is a good likelihood, not a certainty, that the market might have a few rough days in March or April... or perhaps not until June 21st.

Charts not screaming at me right now.. maybe out of the money cheap puts on SQQQ will work tomorrow... but, that's a day trade rather than a directional prediction. But maybe we get a long grinding bear instead of a huge drop ? The top being in... doesn't mean the bottom has to be next week ?

What I'm wanting to see... is where the leverage concentrates... unexpectedly... on bad days.

In 2008 that was AIG... utterly failed... but essential to execute the plan to put the wheels back on everything else... so it had to be saved. I figured that out before they did... but didn't pull the trigger, so missed the sub penny to $100 ride i should have had. Don't expect an exactly similar thing... but, there will be something like that... that most people will miss...

I do think the "usual suspects" will be rounded up and interrogated appropriately. Finding a bottom in gold and silver shares will be worth the effort made...

Saw a Robert Kiyosaki vid today... " I'm buying all the silver. It's 100% manipulated. Back up the truck."

Fed has changed the rules of the casino ? Broken Repo means... helicopter money coming ?

Note the Senate passed the $1.9 T stimulus bill today...

Being a resource stock investor, knowing how exploration works... and how the market works... including being unpopular for years at a time... preconditions you to understand value, and that not everything of value is properly priced, or already discovered... and that's true of "points of value" like AIG just as much as it is undiscovered gold mines of the real sort.

So, plan to ride the commodity/inflation cycle... while looking for gold mines of various sorts.

Maybe bitcoin is my 2008-2020 version of AIG ? But, I know tech and tech bubbles as well as I know resources... Will wait to see how bitcoin handles the market declines... and the alternative money headwinds that silver and gold have faced for decades...

But, I still think patience will be required. I don't think the worst of what's coming is going to happen in the first three months under Biden... but, gold and silver aren't likely to wait too long to see the proofs.