Financial topics

[Higgenbotham]

** 30-Sep-2020 World View: Strange friends

> John, if I could "like" your post I would! You have attracted a
> strange bunch of "friends." See if any will take you to
> lunch.

Lol! No, I think you're the only one willing to do that. But you're
right -- the people in this forum are very strange, though none
stranger than I am.

The "normal" people will show up on the forum after it's clearly evident that we're in a crisis, like they did the last time in 2008. That's what "normal" people do.

Instead of using the word "strange" I'll use the word "different". It's clear that the people left on this thread are different. aeden, vince, richard, and jcsok (and me) are different from the mainstream for sure. When it becomes mainstream to be bearish, this thread will be flooded with "normal" folks making obvious comments and asking advice from us.

[vincecate]

Copper and oil are crashing.

Yes. Exxon (xom) is now back about at its March lows.

[richard5za]

** 30-Sep-2020 World View: Strange friends

Instead of using the word "strange" I'll use the word "different". It's clear that the people left on this thread are different. aeden, vince, richard, and jcsok (and me) are different from the mainstream for sure. When it becomes mainstream to be bearish, this thread will be flooded with "normal" folks making obvious comments and asking advice from us.

I totally agree.

[aeden]

https://www.youtube.com/watch?v=jZlV6VL ... e=youtu.be all cash with class whilst the crash

[Higgenbotham]

Copper and oil are crashing.

Yes. Exxon (xom) is now back about at its March lows.

The rout in the oil sector has been so swift and severe that once-sacrosanct corporate positions are being trimmed. Exxon Mobil Corp., which long prided itself on weathering crude-market crashes without resorting to job cuts, shocked investors and analysts in recent months when it targeted as much as 10% of U.S. office staff for layoffs.

https://www.bloomberg.com/news/articles ... ic-rebound

Also, Royal Dutch Shell laid off 9,000. We've talked for years here about the fact that when the Fed prints money it's easiest for the tech companies to swoop in and rake that money into their coffers first. A company that relies on lots of complex tangible infrastructure to make money can't move fast enough to compete with a Microsoft or a Facebook. So you end up with an economy with a lot of intangible crap while the infrastructure deteriorates. Also, raising the cost structure with lots of money printing makes it more and more difficult to sell tangible goods that cost a lot to produce to a population whose real incomes are falling. Therefore, the real price of oil falls while the real cost to produce oil rises, as we've discussed here.

[Higgenbotham]

https://www.youtube.com/watch?v=jZlV6VL ... e=youtu.be all cash with class whilst the crash

Full interview. I marked the spot where he says something related to my comment of a few days ago.

https://youtu.be/Q1RpVnWhcls?t=785

I think it is likely that at least some of these people will decide to get back into stocks in the next few weeks after a further dip in the hope that stocks will help them fight inflation through their retirement years. There have to be thousands of phone calls to financial advisors happening every week from worried people in this age bracket wondering what to do. The advisors will tell them to remain invested and not deviate from the plan. If they panicked out of stocks earlier this year, the advisors will just say that they were told not to panic and to stick with the plan to be in stocks for the long run because they always go up. At some point in the next few weeks, this may be the source of a brief counter trend rally. Perhaps it will go back to 3300 on the S&P; I don't know. Then I think from there it will crash.

[aeden]

https://twitter.com/JulianMI2/status/13 ... 48/photo/1
no one else to sell it to and the spill out
jitters as the demsheviks foam at the mouth like twitching demon processed
no is the short answer
80 percent cash
we warned the wasting
another internecine slaughter long written to be

eighty percent cash - cracks mid week - fear is the mind killer -
you will bail out criminals and have until their necks snap - Fri Sep 25, 2020 10:07 pm

[aeden]

Doubling of London Metal Exchange (LME) copper inventories over the past week, raising questions about the strength of demand.
Copper slides 4% on virus worries.
China accounts for roughly half of global copper demand.
Copper Rises After Upbeat Chinese Economic Data.
All within a few hours from the demshevik presstitutes.

They have to destroy Kommyfornicate to eliminate the undesirables unwanted republican taxpayers.
Already they boast we will line you up to a wall and shoot you for non support.

The Immigrant Worker Protection Act (GC, Section 7285.1) says an employer who follows federal
immigration law is now violating California law.

So why do the FED still has its thumb up it worthless ass. Manginas in the Senate that's why.

Business Leaders Who Reject Woke Culture To Be First People Lined Up Against The Wall And Shot In Revolution with the Manginas also
soon enough. Just kick the idiots in the woke head.
Idiots top down.
https://www.zerohedge.com/political/bus ... l-and-shot

https://www.newworldencyclopedia.org/en ... ert_Simons
https://www.youtube.com/watch?v=Or12UEx8fHY

https://duckduckgo.com/?q=Rubio+about+t ... 0-6&ia=web years later nothing but failure

I will buy F and did.
The other assclowns do not interest me.
https://www.msn.com/en-us/money/compani ... d=msedgdhp
Cash for now while these identity politic halfwits collapse.

Remember Doctor Copper could be a woman so have some respect unless you smell lighter fluid on the whore.
It was put to me this way the lipstick is on the pig not on its lips.

[aeden]

https://www.hrw.org/news/2019/02/07/rus ... al-charges

https://www.youtube.com/watch?v=J2RJ-iv2VyQ
https://www.youtube.com/watch?v=ts43EskooaA
https://www.youtube.com/watch?v=v5iN-aPx5YE

[richard5za]

I always like to think through possible outcomes before they happen even if the probability is very low.
The issue is Trump testing positive for Covid
It could change the election dramatically? What does American election law say? Would the election be delayed?
What if Trump dies? Say death is before the election will it be Pence versus Biden? After the election if Trump wins then presumably Pence is President?
Of course my primary interest is the effects upon the markets? The uncertainty could hasten the impending crash, and no doubt this would become political too.