spatial
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Post by spatial on Oct 11, 2018 17:01:33 GMT 10
Chinease market - 5.5% and dropping. Jap 3.9%, Us overnight all more than - 3%
Bonds also being sold. October is historic month for big market crashes. US pre market trading is indicating continuing weakness.
Two 7 earthquakes. I and biggest hurricane ever to hit Florida - October is getting wild. Getting more popcorn to watch the show.
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spatial
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Post by spatial on Oct 11, 2018 18:54:00 GMT 10
And China declaring war on ethnic Muslims, the Saudis executing a dissident on Turkish soil, etc. Reminds me Billy Joel's song 'We didn't start the fire'. Not much changes. Yeah international politics has a lot of crazyness going on. Trade wars that have historically ended in hot wars. I China challenged US war ship that had to make emergency manuvers to prevent a crash in S. China Sea. Big escalations in October.. Will need to make another batch of biltong to eat with the popcorn |
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Post by jonasparker on Oct 12, 2018 2:18:32 GMT 10
Over here, things are heating up for the mid-term elections next month. Wal-Mart should be running a special on straight-jackets, anti-psychotic drugs, and whiskey!
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Post by milspec on Oct 13, 2018 2:51:43 GMT 10
It was definitely not a good week for the markets. Next week will be interesting.
Edit >> It was actually the biggest/sharpest drop (over a week) that I've seen in my (MSBS) super for a few years. Enough so that I've switched from the aggressive fund to the cash fund to insulate it from what may happen next week.
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Post by graynomad on Oct 13, 2018 7:36:51 GMT 10
... Enough so that I've switched from the aggressive fund to the cash fund to insulate it from what may happen next week.
We are lucky to be able to do that as well, but we were too slow to do so in the GFC and lost heaps. Long since removed 99% of it anyway but will keep an eye on things better this time. |
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grumble
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Post by grumble on Oct 13, 2018 7:53:30 GMT 10
Meh once again the end is near in October
one day I guess they will be right
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Post by graynomad on Oct 13, 2018 9:44:50 GMT 10
Meh once again the end is near in October one day I guess they will be right Yeah, happens every year eh, still one day... |
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spatial
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Post by spatial on Oct 13, 2018 22:19:16 GMT 10
Meh once again the end is near in October one day I guess they will be right Yeah, happens every year eh, still one day... I take extra cash out of the bank and put it in the safe - if nothing happens one can always put it back. Australian house prices are now officially declining in major cities. US and Chinese auto sales etc and real estate showing big warning signs. The market would of collapsed years ago if it was not for all the money printing and very low interest rates - globally bonds are being sold which is putting rates up - there is an end game and there are more and more warning signs flashing red.... |
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Post by milspec on Oct 14, 2018 6:45:41 GMT 10
This may or may not be the beginning of a financial 'episode' of some description. As a prepper I take it as a sign to reevaluate where my locked up funds are sitting and move them accordingly as the situation degrades or improves. It is also a reminder to keep on doing what we have set out to do in terms of improving our independence and resilience to whatever is happening in the local/global community. As always I hope it's not a GFC as we have places we'd like to travel to and things we'd like to do and build and I'd like those intentions to remain viable aka living life to the full  |
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spatial
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Post by spatial on Oct 14, 2018 7:31:12 GMT 10
This may or may not be the beginning of a financial 'episode' of some description. As a prepper I take it as a sign to reevaluate where my locked up funds are sitting and move them accordingly as the situation degrades or improves. It is also a reminder to keep on doing what we have set out to do in terms of improving our independence and resilience to whatever is happening in the local/global community. Agreed, we need to be aware of repercussions - make contingencies but keep living. Last GFC was due mostly to a big bubble in the US housing. Today it is the everything bubble and it is not just the USA, China has the worst debt in the world the Europe is a basket case etc... etc.. Stocks are now in the longest bull market in history with lowest ever interest rates, so investors have been chasing very risky debt. A lot of the money on the US stocks is borrowed money and companies have been buying their own shares to keep things artificially propped up. When collapse starts it forces margin calls as people have to sell stocks to pay back borrowed money which forces a catastrophic collapse as everyone selling and no one buying. When it does go it will be GFC x1000 and with very low interest rates and money printing already in place the world reserve banks have no means to contain the collapse..... - I am sure you understand all these things and when they run out of road to kick the proverbial can it will be apocalyptic in nature....  |
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spatial
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Post by spatial on Oct 14, 2018 15:44:41 GMT 10
If real estate prices plummet my kids and I might buy more property for a real bargain. House prices will fall by 50% interst rates will go up to 20% and no banks will be lending money - they will all be broke. Australian banks are highly leveraged and when housing collapses - there will be no dirt cheap buying opportunities unless you can pay in cash. Japanese housing bubble burst 20y ago they are sill playing catch up.. |
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Post by jonasparker on Oct 15, 2018 3:56:45 GMT 10
Until Au hits $1,500/ozt US and Ag hits $50/ozt US, nuthin's happening. When PMs shoot up, then buckle up!
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spatial
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Post by spatial on Oct 15, 2018 19:26:35 GMT 10
Until Au hits $1,500/ozt US and Ag hits $50/ozt US, nuthin's happening. When PMs shoot up, then buckle up! Gold jumped $30 on Friday big jump for along time. I Asian markets down - 1.5%, Japanese almost 2%,. Riots in China over falling house prices. Welcome to the Saudi stocks down7% on journalist killing. I have US futures dropping.... European markets all slightly down Monday.. October is getting more interesting. www.zerohedge.com/news/2018-10-13/violence-public-anger-erupts-china-home-prices-slide |
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spatial
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Post by spatial on Oct 18, 2018 17:48:06 GMT 10
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spatial
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Post by spatial on Oct 20, 2018 10:04:56 GMT 10
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spatial
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Post by spatial on Oct 23, 2018 18:06:01 GMT 10
Stock markets are having another melt down. Yesterday the Chinese government threw lots of money at stocks their markets went to u 4% and pushed global prices to markets up. But Till Italy had an implosion then European and US markets fell. Today Asian markets down more than 2%, US and European markets looking at big losses. Gold up10$ and US 10y bonds back above 3. Big issue on Mexico border Trump calling up military and cutting aid to Central America, and October keeps getting Moe eventful. There is massive potential cat5 hurricane heading for Mexico.
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Post by milspec on Oct 24, 2018 4:12:28 GMT 10
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Post by spinifex on Oct 24, 2018 16:22:25 GMT 10
I wouldn't worry too much about prices of anything 'collapsing'. In this day and age the reserve banks of the world don't even have to PRINT money to re-inflate prices. A few strokes of the keyboard and viola ... prices rebound and reserve banks become temporary owners of lots of 'investments stuff'. The bigger threat may be so much currency gets created that it actually seeps into the mainstream economy that we all live in ... then watch inflation take off. At about that point anyone with shares, real estate and gold holdings will do really well as these will inflate quite nicely. Those with cash in a safe will take a spanking (if they don't spend it really quick) as everything inflates and leaves it behind.
There is no place for logic and analysis in Investment these days. It's all a highly contrived game where the 'rules' can be bent and twisted at will.
I've put my super in the highest risk category available ... believing the system will resist collapse at any cost.
If that fails ... at least I'll still have my property free and clear and be able to go back to full time farming.
Happy days!
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Post by spinifex on Oct 24, 2018 16:25:37 GMT 10
Perhaps I should take out as large an investment loan as possible and buy even more shares as soon as this expected crash happens?
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spatial
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Post by spatial on Oct 24, 2018 20:20:17 GMT 10
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