Financial topics

Investments, gold, currencies, surviving after a financial meltdown
aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

thread: Micah 7
A lament over a decadent society (7:1-7)

HH nails it.

My expectations are pretty bad.
Just look at Mexico over the last several weeks.

https://mexiconewsdaily.com/news/semis- ... le-robbed/
https://mexiconewsdaily.com/news/dozens ... -gasoline/
https://mexiconewsdaily.com/news/lootin ... eir-lives/

But minutes later the second truck entered the ramp, hitting several of the thieves and killing three.
That didn’t stop other looters, however, who carried on removing goods.

Meanwhile, others assaulted the driver of the second truck, presumably in retaliation for hitting their fellow looters.

https://mexiconewsdaily.com/news/gang-i ... rero-town/
https://mexiconewsdaily.com/news/tijuan ... tion-camp/
https://mexiconewsdaily.com/news/66-dea ... explosion/
https://mexiconewsdaily.com/news/homici ... on-record/
And The Big Dump is just getting started south of the border.

Once it comes to Amerika, then Katy bar the door!

democrats are teh insane cult

http://gdxforum.com/forum/viewtopic.php ... 990#p43692

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Okay, here's a story. I have a close friend from Monterrey, Mexico. He lives here in the US...a mechanical engineer...smart guy, honest, hard working. This is from a conversation we had about 10 years ago. He said,
You know, I can't go back there even to visit. You used to have to leave the house with no less than $100 (US) to pay off the cops in case you got stopped, but now it's worse. My aunt, who is a really kind, religious woman, -very believable, was driving one day in Monterrey, and she came to a red light. There was a black SUV in front of her. The light turned green but the SUV didn't go. She waited, and after about 15 seconds, the SUV drove on and she followed. They came to a second stop and the same thing happened again. Again she didn't honk the horn. Finally the SUV driver got out and walked back to her car. She lowered the window and the guy said, "Here's something for you." He proceeds to hand her $10,000, a banded stack of 100s. She was stunned, and the guy said, "I lost a bet. I bet my friend that you would honk the horn, and that if you did, I would have to shoot you, but today is your lucky day." She said, "I'm sorry, but I can't take your money. That would not be right." He said, "You take the money or you take a bullet." She took the money.

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

John wrote:
Higgenbotham wrote: > The biggest difficulty I face in trading the current market is the
> Gen X Debacles. Gen X Debacles are everywhere in day to day life
> of course, but they infest the trading environment too.

> Case in point, during the December decline my account suffered a
> big drawdown due to a Gen X Debacle, not due to the market
> decline. A company reported earnings of 24 cents for the quarter
> and I traded off of that. About 3 days later, a headline came out
> before the market open stating the earnings had been revised down
> to 20 cents for the quarter.
This complaint doesn't make sense to me. You and the bots have
the same public information, so you should be able to beat the
bots whether the earnings report is correct or not.
This has nothing to do with the bots. It is entirely about Gen X Debacles. Anyone holding a stock when it is hit with a Gen X Debacle is going to lose money.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

Smashed the bots for $543 on the day. It's not the bots that you have to be wary of, it's the Gen X Debacles.

Image
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

Last edited by Higgenbotham on Thu Jan 24, 2019 2:57 pm, edited 1 time in total.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

True H, and the upcoming banking caucus meeting https://i.4cdn.org/pol/1548264865237.jpg

Sic Transit Gloria Mundi
Last edited by aeden on Wed Jan 23, 2019 4:59 pm, edited 2 times in total.

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

...sell millions of shares.., you and the bots both are pretty much at their mercy.

And there are many other variations of the Gen X Debacle theme.
Last edited by Higgenbotham on Thu Jan 24, 2019 2:57 pm, edited 1 time in total.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

No tech H. As conveyed sold all oil contracts the first week 2019. I see no rudder until the goldenrod bloom as indicated.
I did open a small kmi position for book 2. That goes down with the ship. Yes I agree with your view they will let some ships bleed to death
to avert takeovers. I considered if they cannot fcf the rest of the year they are already dead.

No one can see anything meaningful that addresses the core issues. Fair trade restores. Free trade is what got us in this.

https://theenterpriseleader.com/2019/01 ... kness.html

https://twitter.com/EconguyRosie/status ... owth-gloom

Rage, rage against the dying of the light.

Though wise men at their end know dark is right,
Because their words had forked no lightning they
Do not go gentle into that good night.

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

aeden wrote:No tech H.
I'm not sure whether this morning's tech rally will fade out or lead the market higher. I took advantage of the confusion to smash the bots for $279 this morning.

Image
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

Here's my year to date not including this morning's $279. It's been an easy year so far because I haven't been caught in any Gen X Debacles.

Image
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

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