Posted on 03/13/2020 1:35:12 PM PDT by Kid Shelleen
Down 2000 couple of days ago, up 2000 today.
Easy money.
Wait it out.
Agree. Lots is being made by someone. If it is Bezos with a vehicle to create market panic then it stinks...
Man that magic wand of the President still has some charges in it.
Kitco News) - Gold and silver prices are getting hammered at midday Friday, down over $75.00 an ounce in gold as of this writing. As the U.S. stock market fell down from its sharp, early-morning gains the gold market sold off on notions of another rough day in the stock market that would put strains on liquidity in many markets, so a sell gold while you can mentality emerged. Then, as the U.S. stock indexes stabilized and started to move back higher, notions resurfaced that the worst of the coronavirus-induced market panic has passed. This rallied the U.S. stock indexes and the U.S. dollar index, which in turn added to more selling pressure in the gold and silver markets. Its just crazy, said one longtime metals market watcher. President Trump is reportedly going to declare a national emergency Friday afternoon. The fireworks in the global marketplace are far from over, even if the peak panic period of this market shock has now passedwhich is still very dabtable. April gold was last down $72.60 at $1,519.10.
Quote Lookup
158.83+19.77 (+14.22%)
At close: 4:00PM EDT
WOW!
Democrats Deeply Saddened. :(
...or stories complaining about how slow the CDC has been
Steve Forbes just mentioned this
It will continue to roller coaster. Day traders.
Lots of selling off in precious metals this week. (I kept all of mine.) My guess is that people were trying to gather some cash to buy cheap stocks - which lasted all of two days!
Oy! These people. Just simmer down and look at the End Game!
Boaters participated in a flotilla of support for the president over the weekend in the Hillsboro Beach
Intracoastal waterway, located about 30 miles south of Trumps Mar-a-Lago resort. Video on citizenfeepress.com
THe last three Fridays have had big moves in the afternoon. THis had the added punch of a President who performed well and needed to do what he needed to do to ease the panic
Whether it holds or not remains to be seen. The $VIX is still sky high
Business insider reported that he himself said he tested negative; do I trust BI, no, do I trust him, no, but I have to think that if our government really believed he was positive, Pence would have been tested, and Pence said he wasn’t, so it seems odd.
I worry when I see Trump and Pence together in a room, because the thought of both of them being in quarantine, and maybe in the hospital, is scary — because Pelosi is next in line for the Presidency.
It was a liquidity crunch and margin calls and other things..and some of what you said, too
Waiting to see the fall out of what trading desks lost a fortune this week or went belly up.
Oil has really killed some people
It was a beautiful thing to watch the ticker show the market rebound during President Trump’s press conference. Free market capitalism is a powerful force.
Pound sand Bernie!
See my Post #30.
Again, DIVERSITY is your FRIEND when it comes to investing. Don’t put all of your eggs in one basket.
These past few weeks have been a STELLAR example of the damage that can be done to your portfolio - for little or no reason!
Reminds me of the time back in my younger days when the old boiler in our utility room started making this god-awful noise. I thought the thing was about to blow, and for just a few seconds I stood there, advancing and retreating; advancing and retreating, terrified that it would blow and thinking at the same time that I had to act.
I finally came to my senses when I looked to see my wife in back of me, laughing her head off.
Well if the President of Brazil said that he tested negative it what we will go with...I dont really believe him. His aide and his lawyer have it...
And as for Pence not being tested...either he was and he is not telling us...or he doesnt want to because he would have to tell us
It’s all odd. If I had been around the lawyer and the aide who have it I would want to be tested.
Trudeau refusing to be tested as well even though his wife has it
LOL, hand wipes too
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