You need to read what MaseratiGent said on the previous page ...Whats happening to Gold today its gone down $100 an ounce
Margin calls.....look at its performance in non $ currencies.Whats happening to Gold today its gone down $100 an ounce
No but I am very relaxed about it, as this is the market correction I have been hoping / praying for for the past 2 years.Please tell me you got out.
Honestly I dunno what to say. You’ve lost 5 Range Rovers worth and you’re relaxed? In fact you’ve been praying for this situation?No but I am very relaxed about it, as this is the market correction I have been hoping / praying for for the past 2 years.
So despite having watched 5 Full Fat Range Rover go up in flame on my brokerage account over the past 2weeks I am very excited about having kept 30% of my networth in cash, ready to invest as the market is still tanking (I still expect another 15-20% drop). That gives an opportunity to buy on the cheap.
I am 40 y/o and really don’t need that retirement egg nest until I retire in 5-10years.
Timing the market is just not what I am after - I didn’t have much cash to invest in 2008 and really was gutted I missed the opportunity of the century - I thought at the time. I am in a very different position this time.
This all seems peri- apocolyptic....M
Honestly I dunno what to say. You’ve lost 5 Range Rovers worth and you’re relaxed? In fact you’ve been praying for this situation?
I am sat with kg’s of physical gold and am sh1tting myself.
You haven’t grasped the severity of this.
You are potentially witnessing the collapse of the entire global financial system.
Your cash might be confiscated!
I’m frankly stunned.
No but I am very relaxed about it, as this is the market correction I have been hoping / praying for for the past 2 years.
So despite having watched 5 Full Fat Range Rover go up in flame on my brokerage account over the past 2weeks I am very excited about having kept 30% of my networth in cash, ready to invest as the market is still tanking (I still expect another 15-20% drop). That gives an opportunity to buy on the cheap.
I am 40 y/o and really don’t need that retirement egg nest until I retire in 5-10years.
Timing the market is just not what I am after - I didn’t have much cash to invest in 2008 and really was gutted I missed the opportunity of the century - I thought at the time. I am in a very different position this time.
@Wattie - I don't want to freak you out - a tad tongue in cheek - but governments always confiscate the gold (and I'm sure there's an electronic audit trail on your purchases)...! See: US in 1933
That said they go after the silver....
Reminds me of this, Brilliant.Gold - reminds me of that 80's song
That's what we said last Friday ...Who the **** would wanna be in equities over the weekend?
Total joke.
Did someone discover that money printing replaced parts missing in IPhones, cars etc and that sick workers were suddenly transformed into healthy producers because of it?
Thought not.
Sell any rallies.
Here’s the link to the apparent vaccine.
Markets Data Dashboard - FEDERAL RESERVE BANK of NEW YORK
apps.newyorkfed.org