Post by Ethan / JRyan on Feb 28, 2020 19:49:56 GMT -5
What a week, 401k is damaged. I have been set for the market to correct for while now but who would have thought that the market dropping 3500 points would also drop Gold and Silver so much?
To be honest it happened in 2008 as well. People sold their PMs to cover margins and the like.. Sure I was like this is a blood bath. The T-Bill is the lowest its ever been I think. The FED had better not drop the rate. We have no ROOM to drop it. Once we go NIRP, the dollar is done IMHO.
Look at Gold through 2008 and what happened afterwards......... I wash shocked back then, but not now. Its a controlled game and we are but pawns in that game.
Still Zion held up well considering what is going on. Oil is battered, PM's are battered, Stocks are battered...
Is this the crash to force a change in the office of POTUS? It could be but who knows, this corona virus is no joke.
There is not much to laugh about this week but I did get a chuckle with this meme.
To be honest it happened in 2008 as well. People sold their PMs to cover margins and the like.. Sure I was like this is a blood bath. The T-Bill is the lowest its ever been I think. The FED had better not drop the rate. We have no ROOM to drop it. Once we go NIRP, the dollar is done IMHO.
Look at Gold through 2008 and what happened afterwards......... I wash shocked back then, but not now. Its a controlled game and we are but pawns in that game.
Still Zion held up well considering what is going on. Oil is battered, PM's are battered, Stocks are battered...
Is this the crash to force a change in the office of POTUS? It could be but who knows, this corona virus is no joke.
There is not much to laugh about this week but I did get a chuckle with this meme.
