The Briefing Room
General Category => Economy/Business => Topic started by: catfish1957 on November 24, 2020, 08:51:40 pm
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(https://media.istockphoto.com/photos/stock-market-price-display-picture-id509031122?k=6&m=509031122&s=612x612&w=0&h=SlN4D-0yMTc1XI64-cIajhXZYy0wRN2I8XWCrxvc_6Q=)
https://finance.yahoo.com/news/stock-market-news-live-november-24-2020-233338198.html (https://finance.yahoo.com/news/stock-market-news-live-november-24-2020-233338198.html)
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Optimism over the imminent deployment of a COVID-19 vaccine propelled the Dow Jones Industrial Average above 30,000 for the first time ever on Tuesday, extending a breathtaking rally that’s carried stocks deep into a bull market.
Encouraging developments in the fight against the coronavirus have sent markets on a tear, even as the coronavirus crisis deepens around the world. The Dow is up over 13% in November, and is now more than 10,000 points higher than the multi-year low it breached in March, when panic over the virus’ spread cratered global markets.
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Beware of Shiny Objects. Recent run ups like this tells me either (1) Market is factoring in the $7.5T inflationary pressure of Biden's upcoming spending spree, or (2) Overreaction to COVID news not realizing that the Biden shutdown will have a gut busting effect on 4Q '20 and 1Q '21 numbers. Anyone adding positions in this situation, isn't thinking just right
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Oh great. Another bubble.
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Oh great. Another bubble.
Biden will pr*ck the bubble.
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Oh great. Another bubble.
In a few years we will either be having conversations of ... "remember way back when the DJIA was 30,000"
or....
"Anyone know of any supermarkets selling a loaf of bread for under $10."
The biggest danger is if the GOP loses the senate, and they have a 2 year head start on NGD implementation.....
Pedo Joe already named his Climate Change Czar. It's coming folks......
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In a few years we will either be having conversations of ... "remember way back when the DJIA was 30,000"
or....
"Anyone know of any supermarkets selling a loaf of bread for under $10."
The biggest danger is if the GOP loses the senate, and they have a 2 year head start on NGD implementation.....
Pedo Joe already named his Climate Change Czar. It's coming folks......
So silver might really hit $50?
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The Harder They Come
www.youtube.com/watch?v=BpQrLUopf-k (http://www.youtube.com/watch?v=BpQrLUopf-k#)
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So silver might really hit $50?
I think it might, and gold even at $3000/oz In either scenario of a crash or hyperinflation, metals and income producting land like farmland may be one of the few safe havens around.
My hope is we retain the senate as a last firewall, regain the house in 2022, and the presidency in 2024, and keep it afloat.
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I think it might, and gold even at $3000/oz In either scenario of a crash or hyperinflation, metals and income producting land like farmland may be one of the few safe havens around.
My hope is we retain the senate as a last firewall, regain the house in 2022, and the presidency in 2024, and keep it afloat.
If this fraud stands, there might as well not be any more elections until after the SHTF.
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If this fraud stands, there might as well not be any more elections until after the SHTF.
If this fraud stands we may not have reliable electricty or fuel.