Dow is down 466, NASDAQ down 200.

[caww]

Possibly then - I tend to think Retailers will be hiring less people this year for the holiday season this year.

[caww]

I have friends who have actualy pulled cash from their banks to have some stashed away during these uncertainties.

[struggle]

Yeah, I get silver because once that pops, confidence in fiat money is over and buying metals is too late

[caww]

I’m not sure money will necessarily go under this time around. And I certainly am not familiar with truning that into silver or gold for that matter. But in 2008 I pulled cash out because who knew where the banks would go at that time.

[Robert A Cook PE]

Cash in your mattress is actually not wrong in Biden’s disaster. Last year, out of several tens of thousands in various “savings “ and checking accounts, we earned less than 30.00 dollars interest.

[caww]

Well a ‘matress’ isn’t where I would stash it. That’s for sure. However you can make “room” in an undisclosed area so to speak. And I’m not happy giving a bank my money to use during those times. If they didn’t ‘plan’ for these uncertainties I’m sure not going to help them out of their hole!

[caww]

BTW - what are people going to do when it all goes digital...that will be more than challenging.

[Robert DeLong]

DOW 29,466.12 -610.56 -2.03%
S&P 500 3,676.51 -81.48 -2.17%
NASDAQ 10,823.72 -243.09 -2.20%

[telescope115]

…dropping like a rock…

[Red Badger]

https://markets.businessinsider.com/index/dow_jones

[Sam Gamgee]

Yes everything is down today. Still want to buy an oil stock but still too rich for my blood. Need about another 11% haircut.

[central_va]

Not only is the nominal value of stocks dropping the purchasing power of a stock, if sold, is dropping along with the inflation rate. It is bad, real bad.

[C210N]

That’s for American eagles. Jm bullion has decent rounds at $4 premium

[Sam Gamgee]

Yes and I can find a reason pretty much NOT to buy anything. Had my eye on a insurer but most of their money is made in Asia and it looks like Asia is doing worse than the US is. Oil stocks still too expensive. Now here is a tricky one. Do I add to an airline stock? This cheap oil must be a good thing for them?

[central_va]

Falling Like Biden on the stairs...

[kenmcg]

Biden is doing what he set out to do, the destruction of the middle class.

[central_va]

Biden is doing what he set out to do, the destruction of the middle class.

I knew this would happen, but the speed at which he destroyed it all is astounding..

[telescope115]

Geronimoooooo!
Oops-can I say that?🫣