cheapseats
EOG Master
For months now it has been buy the sell-off and sell the ensuing rip. Nobody in this market is owning anything including Nivida, 7 etc.
Eye on the Markets: Coronavirus Stocks/Investments thread
- Thread starter ejd_5277
- Start date
what about since 1/1/23?
S&P tearing it up after low point Dec 2022.
S&P average return the last 100 years is ~10% annualized.
gold? no way.
go to BTC before you go to gold. go to silver before you go to gold.
mr merlin
EOG Master
Topper is a gold guy, been talking about it for years.
gold tells you that the dollar is declining... your S&P mean nothing along with your real estate & money in the bank if you do not get your debt down..we spend more on interest payments than the military
1 year
s&p +20.55%
gold +40.47%
lowest point oct 2022 S&P to feb 9 2025---+52%
lowest point oct 2022 gold to feb 9 2025 ---+54%
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..if china attacks taiwan in 2027 like they said...your S&P ......will take a severe hit... bitcoin is from the nasdaq gets buried too
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they will wait for donnie to leave in jan 2029 if he even does. they will only attack taiwain and try to take it back if a dem is in.
by that time, the s&p will be way way way up from here. so the downturn will be off of huge all time highs.
not worried.
good
they are not afraid of donnie....cannot take greenland , canada or panama canal...0-3 ATS
cheapseats
EOG Master
Donny just blowing sunshine up the libs skirts
elon is extremely unpopular right now w the masses because we voted in donnie not elon.
TSLA now -8 YTD so it is making a small come back.
it is only feb.
mr merlin
EOG Master
I haven't noticed that, the only poll I saw had elon and doge viewed to be about as popular as trump - roughly +10, tesla is far above where it was last year, it very well could suffer if the kooky liberals who buy his cars boycott it, after all, no maga people would ever buy an electric car right?
mr merlin
EOG Master
I'm not saying to buy it since it's valuation is way out of line with it's fundamentals, but the fact it's off it's highs means very little and is expected.
Gold has been a store of value for thousands of years. Let me know when Bitcoin gets to that status.
when DOGE gets a hold of the IRS data...people with pensions and collecting SS / VA will get a haircut in the next coming months
mr merlin
EOG Master
Huh?
Actually, he already has the SS data.
It shows over 12 million people ALIVE and over the age of 119 including one between 360-369 years old, but yeah, there's no fraud in SS.
mr merlin
EOG Master
i saw that but that doesn't mean all of them are getting checks, we need to get the real numbers to prove fraud. For instance there's no one in the US over 120 - how many people over 120 are getting checks? Then do 110 and 100 etc. There's maybe 2 dozen people over 110 - if elon can prove that thousands or tens of thousands are getting checks that's massive fraud.
By the way, I also saw a report that there are more people with SS numbers than the US population - that's ok since foreigners can get SS numbers if they work or pay taxes. I'm sure there's massive fraud but the raw numbers by itself dont prove it.
pro analyser
EOG Dedicated
it is old and worn out. out with the old and in with the new.
digital currency is the future
bitcoin the past seven january 1st's:
Jan 1st 2019 = $3,738.11
Jan 2nd 2020 = $7,154.33
Jan 1st 2021 = $29,600
Jan 1st 2022 = $47,686
Jan 1st 2023 = $16,625
Jan 1st 2024 = $42,648
Jan 1st 2025 = $93,425
Stick with gold and get left behind
if into precious metals, go silver not gold.
if into generating wealth, go bitcoin
I’ve been in Bitcoin. Does better appreciation over the past 5 years make it a better store of value than something that has been used for thousands of years? I don’t think so. FWIW, I do own silver; coins and Silver Wheaton stock.
They want to get rid of all the phony accounts.