Loading ...Hold tight! Although I’ll settle for 160 to 200.
ueah
and of course the DJIA is allowed to come back to almost unchanged……..
CNN Money has oil down $4?
Is that right? I guess Chinese demand has fallen off a cliff. Which might explain why they aren’t sweating the loss of Iranian oil.
Hopefully we’re just a session closer to reversing course in pm’s. There’s not much reason for them to be down with rates down, dollar flat, and oil down.
Panic buying to end the rally. Panic selling to end the correction?
Let’s just get this over with so Goldie can post some more Silver to $300 videos! 😂😉
Stocks
Funny this sell off just before the CPI and PPI and Fed next week. If CPI up prices could go up.
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Could This Be The Start Of A 1929 Style Crash?
I asked ChatGPT what is causing so many big stock market declines be brief please.
The biggest reasons for frequent large stock market declines are:
- High valuations – Stocks that have risen too far, too fast are vulnerable to sharp sell-offs.
- Interest rates – Higher rates make borrowing more expensive and reduce the value of future corporate earnings.
- Economic slowdown fears – Concerns about recession or weak consumer spending can trigger declines.
- Geopolitical events – Wars, trade disputes, or political instability create uncertainty.
- Corporate earnings disappointments – Poor results from major companies can drag down entire sectors.
- Algorithmic and ETF trading – Automated selling can amplify market moves, making declines faster and larger.
Today’s markets also tend to react much more quickly than decades ago because information and trading occur almost instantly.
Comment: I think its mostly algos and ETFs tht can also send prices artificially higher.
Check out the SnP and Nasdaq, they are the over priced garbage, PMs are still under priced imo.
deer79
This looks like it is a C wave down…the worst of all down waves……they create misery and despair …….the situation that Buffet uses to buy…..
crude oil…
WTI down five bucks…
did the war end?
truly amazing
Looks like there’s absolutely zero reason to own Gold, Silver and the shares…..
goldielocks
Tks for that Space X info…I saw it on Motley Fool….yr right it prices This Thursday and Trades Friday…..Tks
Keep them out and screw the optics
Heritage Foundation
@Heritage
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“Do not believe those who say [Islam] is just one more religion. It has a will to conquer through soft or brutal means. In France, for 20 years, they told us Islam is compatible with a republic. It was a trap. Do not fall for it.” – @ZemmourEric