GREED TURNS TO FEAR

DOW PLUMMETS BY 1,033 POINTS – AWAITING TRUMP TWEET TAKING RESPONSIBILITY

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hardscrabble farmer
hardscrabble farmer
February 8, 2018 4:21 pm

My fault.

I was cutting up some maple planks on the table saw and tripped the circuit breakers. Next thing I knew the market was in free fall.

Mea Culpa.

Gryffyn
Gryffyn
  hardscrabble farmer
February 8, 2018 4:31 pm

I hope you were wearing a dust mask. Maple sawdust can give you flu-like symptoms.

IndenturedServant
IndenturedServant
  hardscrabble farmer
February 8, 2018 8:42 pm

Slower feed HSF.

Uncola
Uncola
February 8, 2018 4:37 pm

My prepper article is about three-quarters done. Just hold on, people. Just hold on.

Here is a teaser quote from the piece:

We should get started then because time is the new equity.

Maggie
Maggie
  Uncola
February 8, 2018 9:41 pm

Unquotable? If you are going to quote yourself from an article you haven’t actually completed yet, isn’t that a bit like Stucky engaging in his favorite self-help activity and then prematurely ejaculating before he gets started?

Uncola
Uncola
  Maggie
February 9, 2018 4:34 am

Busted for quoterbating. My bad.

Turns out, I was only 20% done earlier instead of 75%. What started out to be around 1,300 to 1,400 words, ended up being expanded to near 5,000.

I’m done with the article and will post it later today after digging out from a recent mini-blizzard, then reviewing the piece again with fresh eyes.

Stucky
Stucky
  Maggie
February 9, 2018 7:04 am

Mags

There is no such thing as “premature” ejaculation .

It is a term invented by JOOS in order to destroy humanity. Or, something.

Whenever a man ejaculates it is ALWAYS at exactly the right time. The beauty and miracle of nature. No ands, ifs, or buts about it. Stop reading Cosmo magazine.

Iska Waran
Iska Waran
February 8, 2018 4:48 pm

To avoid impeachment, Trump really needs the GOP to not lose the House. If running on “Dow all-time High” isn’t possible, he’s going to need something else. Better start that wall.

feeping creatures
feeping creatures
  Iska Waran
February 8, 2018 7:25 pm

watch him slip and fall on the daca caca.

Westcoastdeplorable
Westcoastdeplorable
  feeping creatures
February 8, 2018 10:01 pm

He should open a national debate and get the opinions of CITIZENS on the topic along with the facts about what millions of illegals (being here illegally) is doing and is about to do to our country.
They say the truth will set you free; it’s about time we had this burden we didn’t ask for or approve of (illegals by the truckload) lifted from our backs.

Mark
Mark
  feeping creatures
February 8, 2018 11:47 pm

feeping

That was funny…I’m going to add it to my poopie comment on Stucky’s shity post (Stucky I don’t mean that literally – don’t fling anything at me).

Anonymous
Anonymous
February 8, 2018 4:49 pm

Just some preliminary thumpers to soften Trump’s attitude towards DACA. Wait, he’s a practical guy. This market move is designed to diminish Joe Sixpax’ resolute stance towards a border wall. Emergency measures call for a temporary suspension of wall plans indefinitely. On a positive note, we will have a military parade to celebrate the reinstatement of the draft. Yay.

In other Niburu news:
Darth Trump hopes for a government shutdown. Calls for limited nuclear war, should be over in a month or two, cost maybe $3Billion tops.

No barking seals were harmed in the making of this comment.

Anonymous
Anonymous
  Anonymous
February 8, 2018 6:03 pm

Q speaks in riddles, gets major kudos. I speak plainly and get thumbed down. Crazy.

Anonymous
Anonymous
  Anonymous
February 8, 2018 9:50 pm

Want a thumbs up? Use your own thumb.

Full Retard
Full Retard
  Anonymous
February 9, 2018 12:25 pm

There was no DACA, there was no WALL. Can kicked down the road, after the midterms. Thrust and parry with air swords.

I don’t need a thumbs up. I just wonder why psycho-babble garners so much thumbs up. And why I get thumbed down for making a call on the govt shutdown; how the market swings send a message to Trump. I guess I should have said -(((joos))) – that bugaboo would have got me plenty thumbs up.

It’s a case of the “I’m a complete moron about the consensual inter-workings of govt and wall street, but I know what I like to believe.”

Francis Marion
Francis Marion
February 8, 2018 5:09 pm

Damn. Glad I didn’t buy the dip earlier this week.

I’m going to give credit for this one to BL. He never told me to buy. Saved me a bundle.

Anonymous
Anonymous
February 8, 2018 6:15 pm

“In politics, nothing happens by accident. If it happens, you can bet it was planned that way.”
— Franklin D. Roosevelt
Trump and the new non-Jewish Fed Chairman are the fall guys…along with all those knuckle dragging sub-human, European and TBP-reading Americans concentrated in fly-over country who support Trump. But first they ran the DOW much higher and sucked Trump into taking credit for a stock market bubble before pulling the plug…like they did in 1929. And as Depression II settles in and famine, bankruptcy and homelessness stalk the land, the masses will be whipped into a hate frenzy by the propaganda MSM. Trump will be run out of town on a rail paving the way for New Deal II or the final stage in the destruction of America. As least, that’s the plan but I am not sure it will work this time because too many people know about the evil Federal Reserve and the NWO agenda. Let’s hope there are enough true patriots out there to Take Back America.

Two, if by sea. Three if from within,thee
Two, if by sea. Three if from within,thee
  Anonymous
February 8, 2018 6:30 pm

Nah…too much money being thrust into equities via pension funds, methinks
Let’s see 8000 and revisit the topic

Anonymous
Anonymous
  Administrator
February 8, 2018 7:20 pm

“Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.”
– Irving Fisher, Ph.D. in economics, Oct. 17, 1929

Llpoh
Llpoh
February 8, 2018 6:57 pm

The Millennials are standing around like deer in headlights.

“But but but…. the market never goes down! But but but Bitcoin is going to reach a million dollars and I second mortgaged my house to buy when it hit $18,000, as it just had to keep going up! Shriek!”

Why do people think that companies with zero or little earnings are worth 400 times earnings? Why do they think taking highly leveraged positions betting on a steady permanent rise in stock prices was not eventually going to go sour?

I just read about a kid that took $50k and bet on the above scenario, plus convinced his family and friends to give him another $1.5 million. Over three years it grew to $4 million.

And overnite – And it’s gone! All of it!

His comment: “I worked three years to make that money! (See how deluded he was, thinking he actually worked!) I was going to buy a house and retire soon! (The delusion runs deep) I will not be able to eat at fancy restaurants anymore! (How sad.)”

He almost did not mention the fact that he lost $1.5 million of his family’s and friend’s money. And for the love of God, why on earth did they trust a 23 year old who was making leveraged bets that the market would only go up, or would not fall by more than a tiny bit, with ther money? The stupid runs deep.

Australia is being hit. I have a fair bit in the Oz market, but a smallish fraction of my pile. I am thinking it is a buying opportunity soon. Why? Oz is different – there is no tech component driving up prices, which is a/the real problem in the US, where Google, Apple, Amazon, etc., have gone berserk and have stuffed up traditional valuations. The Oz market is slightly over-priced and a drawback will create opportunity. But what do I know. When the streets run red is when the best buying opportunities exist.

Anonymous
Anonymous
  Llpoh
February 8, 2018 7:25 pm

Easy come…easy go. Or:
“Those That Fail to Learn from History Are Doomed to Repeat It.”
— Winston Churchill

Rdawg the fascist
Rdawg the fascist
  Anonymous
February 8, 2018 8:13 pm

Hmm.

I always thought it was: “Those who cannot remember the past are condemned to repeat it.”
~ George Santayana

RHS Jr
RHS Jr
February 8, 2018 7:25 pm

No falling bodies, no big problem.

BL
BL
February 8, 2018 7:40 pm

Hey Francis…… BTFD !! heh

Tomorrow will be fun to watch, since last Friday 4.5 Trillion vaporized. That is more than the crooks at the pentagon can lose in a week. HaHaHa

IndenturedServant
IndenturedServant
February 8, 2018 9:01 pm

I want it to tank because I’m sitting on the sidelines with a significant pile to buy in and ride it back up.

Given the amazing theatrical production that appears to be going on behind the scenes, I’m thinking there might not be a major crash but who knows. More millionaires were created in the great depression that most any other time. For people with cash in hand a major downturn is just what the doctor ordered.

Rise Up
Rise Up
  Administrator
February 8, 2018 9:21 pm

Exactly what I was about to say. But I hope it’s not that far to go (50%).

Buy silver.

Maggie
Maggie
  Rise Up
February 8, 2018 9:54 pm

My silver sank in the pond, but it may be time to go diving.

Rdawg the fascist
Rdawg the fascist
  Rise Up
February 8, 2018 9:55 pm

No thanks. Silver has been nowheresville for years: down or sideways.

Although: Mike Maloney, Silver Doctors, David Morgan, Bo Polney, and about a hundred others have been assuring us that a “moonshot” is imminent.

Whatever. My kid will probably inherit all my untouched gold and silver as novelties of a bygone era.

RHS Jr
RHS Jr
  Rdawg the fascist
February 8, 2018 11:01 pm

I’ll give you some green paper for it.

Rdawg the fascist
Rdawg the fascist
  RHS Jr
February 8, 2018 11:04 pm

Sure thing. I bought most of mine at an average of about $30/oz. That sound good?

I’ll take a cashier’s check.

Give me your e-mail address and we’ll work out the rest of the details!

Maggie
Maggie
  Rdawg the fascist
February 9, 2018 9:19 am

We bought some one ounce rounds in bulk around $15. Then, it got into the high 20s, I talked my conservative husband into another bulk buy of one ounce bars sealed in their little plastic covers. So, now we would be about even, I suppose, if we wanted to think of our silver as “dollars.”

We don’t worry about the silver sitting somewhere around this place “just in case.”

Rdawg the fascist
Rdawg the fascist
  Rdawg the fascist
February 9, 2018 10:29 pm

Braggart, as usual.

Maggie
Maggie
  Rdawg the fascist
February 10, 2018 2:05 am

Trust me, I wish we’d waited on the little one ounce bars and bought a tractor with that fiat after we had the log home built. But, we didn’t… so, what can we do? Get a bit smaller tractor, I suppose, which is probably best because Nick doesn’t need to try to do any field work beyond mowing, brush-hogging (a bit) and, maybe, a bit of dredging around the pond. (Men around here get tractor envy pretty quick, especially if you are partial to John Deere green, like most of us around these parts.)

So, if I seem like I’m bragging, I am boasting a bit, but if only to encourage others to make a plan and get with it. We didn’t build this log home here three years ago. We built this log home in our dreams more than 20 years ago and we made it happen. We made a lot of mistakes along the way and guess what? You keep your head down and focus on your goal and you can trod right over the mistakes and get there anyway. Tractorless for an extra year, perhaps, but arrived.

BL
BL
  Rdawg the fascist
February 10, 2018 12:20 am

Dawg- You still have your money. Storing wealth in metals is not all about making huge gains (that would be nice) but about keeping your wealth out of range of the usual suspects to vaporize. At least your wealth will be there to pass on to your son.

Rdawg the fascist
Rdawg the fascist
  BL
February 10, 2018 12:40 am

I get that. The thing is, since we use fiat currency here on planet earth, if you want to access your wealth you usually have to convert your metals to said currency.

And since the banks control the spot price of metals, they make sure you get it, good and hard. As they have been doing for years now.

I’m not trying to make a killing. But it is tough to watch the paper value get cut in half over the years, while simultaneously having to listen to the PM cheerleaders tell me to buy the dips and keep stacking.

Lately I’ve been stacking metals of a different kind anyway: lead, brass, and blue steel.

BL
BL
  Rdawg the fascist
February 10, 2018 12:51 am

Looking at the way the people of India have hedged against TPTB from heisting their money, you have to give them credit. They keep ONLY the amount they need for expenses in fiat currency and the rest is in gold, away from the banksters and .gov. If they have an occasion to need extra cash, they convert to fiat. That is how family wealth is maintained, works for them.

Rdawg the fascist
Rdawg the fascist
  Rdawg the fascist
February 10, 2018 1:24 am

Works for them?
Hardly. Look if I bought $10k worth of silver a few years ago, and now needed to access my “wealth” for emergency medical bills or something, I now have $5.7k of silver to sell.
Whereas if I had put it in a stupid savings account, I’d have at least $10k.
Now go ahead and tell me about real wealth, counter-party risk, keeping my money away from the banksters, etcetera, etcetera.
I used to think like you do. Now, I see that I got taken for a ride. I accept it; but I don’t like it.

Full Retard
Full Retard
  Rdawg the fascist
February 10, 2018 1:33 am

From the lyrics to a forgotten Aaron Neville song on the B side of Tell It Like it Is:

I gave you the finest things that money can buy but you were just taking me for a ride, now I, I see the light, I see the light.

IndenturedServant
IndenturedServant
  Administrator
February 9, 2018 1:13 am

Oh yeah, I’m waiting for Dow 6000 admin. 🙂

James
James
February 9, 2018 8:55 am

OK,the first picture makes me wonder who the fuck brought a camera while we were hunting?!

Anonymous
Anonymous
  James
February 9, 2018 9:16 am

Most likely a game camera. No human involvement. Strap it to a tree. Captures movement, snaps a picture.

Maggie
Maggie
  Anonymous
February 9, 2018 9:24 am

It is… I thought for a minute it was one of MY deer cam photos.

By the way? We had a mountain lion or two around this countryside that completely ruined the second deer season for us. The deer migrated out of here and nobody got the cat either.

I saw one out in our pasture stalking something and took a shot. Nada.

James
James
  Anonymous
February 9, 2018 8:59 pm

Eh,was talking about jack lighting deer and now the evidence of it!

hardscrabble farmer
hardscrabble farmer
February 9, 2018 9:23 am

[img]https://www.winnipesaukee.com/forums/attachment.php?attachmentid=6582&d=1345836144[/img]

There’s a great trail cam shot up in Ackworth showing one of the mountain lions that don’t live here but that you can’t shoot even if they do. (According to the Department of Fish and Game)

Maggie
Maggie
  hardscrabble farmer
February 9, 2018 9:28 am

Only a couple shots on the deer cam here of what MIGHT have been the cougar, but nothing like this one. If it weren’t for the deer stand, I might take it and call it mine. As it is, I’ll just share it and tell everyone it was a “guy I know” and let them think it was around here.

Is that dishonest?

RHS Jr
RHS Jr
February 9, 2018 11:36 am

The environment slicker experts say big cats are endangered in North Florida but their ignorance doesn’t make our eyes blind. The wild life “service” is our enemy, they suck; they don’t live here with those big cats and countless other dangerous and diseased predators. I’ll take care of my deer problems without their help, without creating bigger problems that threaten human lives, thank you communist government idiots.

James
James
  RHS Jr
February 9, 2018 9:02 pm

Hmmmm….,I can live with the coywolves/wildcats ect. just fine.The damn laws in this country will make it damn difficult though to get rid of the real danger,two footed predators!A lot of sense in the 3S rule.

Rdawg the fascist
Rdawg the fascist
  RHS Jr
February 9, 2018 10:30 pm

Hey junior, are you going to buy my silver or what? I haven’t got all day.