The stock market entered a bear market this week, with the S&P 500 down 22% from its all-time high. How much further do you think it will fall before it bottoms?
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In the long term, the Dow will be at 8,500. When and only when they are done vaporizing money through cryptos and smaller stock sell offs. I actually love to watch those wizards work.
If you thought these markets were real, you would believe “The Wizard of Oz” is a documentary.
It was a documentary. Happy Ending only in the film.
The actual book was about gold and silver and government oppression, the movie was pure Hollywood.
why 8500?
Why not 8500? Depends on population, see my comment below.
What say you rant, what is your number for the bottom? You DO have a number, I’m sure you do?
no I don’t, because it’s all manipulated.
NO WAY…..really??
hey, I was just curious why you picked 8500, that’s all. if you have anything riding on the stock market, I can’t help you.
That’s sort of a trick question, since you’re pricing the market in terms of dollars which are losing “value” very quickly. So even if dollar prices stayed the same, stocks would be losing real value.
A more honest way to phrase it would be in terms of real money: gold. For example, right now the DJIA would be worth 30495/1824 = 16.7 troy ounces of gold. I would expect it to bottom at about 5 troy ounces or less, not that I have any special insight. What that will mean in dollars at that point I have no idea.
We deal in nominal dollars here, buddy.
The Dow and gold reached a 1 to 1 ratio in 1980 and 1931.
since the gold price in dollars is manipulated, it’s not likely we’ll see that again.
I don’t think they’ll be able to rig it forever. Could the crash potentially ruin their game?
by the time they can’t rig it, you won’t know what the price is, because the entire system will be down. and their game is 1) we own it all, or 2) it’s all destroyed, so no, that doesn’t ruin their game, that’s just one intentional outcome of their game.
The normal price quoted for gold ( & silver) is the paper ETF price (which will go to zero like DOW paper during this Kondratieff Winter); ETFs are the play for big boys (and manipulation) and not the price for the real gold metal PMs like Eagles etc which is for us real folks; even then, there is the base price for the metal and the premium which is approaching the base price. I am certain that the cost for silver and gold coins will skyrocket soon like they did about 1981 and 2000. It’s like Klingon sex once every 20 years I guess.
All the way!…?
Not really on the subject but another food processing plant (this time is frozen pizza) went up in flamme in Portage County OH. Interesting on bottom of the article there is a list of all the plant that went bye-bye compiled by Breitbart
https://neonnettle.com/news/19343-another-us-food-processing-plant-bursts-into-flames-?
No way. A pizza plant in central WI also just went up in flames. You know it’s commies behind it because it’s never a tofu factory.
https://www.zerohedge.com/markets/another-food-plant-erupts-flames
It was in WI TBP had a article earlier today.
Denninger has those numbers at the top of his site, at least since 2010:
DJI 2126.66 SPX 210.23 NDX 342.00
I think that’s a good first estimate, (real) inflation-adjusted.
Depends on the depopulation numbers also. If there is massive depop going forward, it really doesn’t matter what levels are in the markets. The remnant won’t be buying stocks or any other instruments of investment and the overlords will already have more money than god.
Pfizer may have killed the markets along with everything else. Gold will still be valuable.
the raw population is increasing, but the productive citizens are being replaced by welfare predator packs.
So you do not believe any of the AIDS/CANCER/CARDIAC/BLOOD CLOT problems in the future with vax die off? I don’t believe much of anything that comes across the airwaves, but I know of a lot of folks that are not here anymore that were vaxxed or intubated.
You might say that some were “ventilated”.
They assumed room temperature.
Every action has an equal and opposite reaction. In other words; the market if fooked
As far as blackrock, vanguard, banks, and the federal reserve want it to?
Or all the way?
Last year I used the boat analogy… We are in a canoe in a river and the canoe is filling with water. Water is debt and the canoe is the dollar. The rim of the canoe above the waterline is the only purchasing power left in the dollar. People are happy and partying in the canoe like it’s a big hot tub. Some people have life rafts made with other things of value, but most are oblivious. Then we hear the sound of rushing water. Oh, no, it’s a waterfall!
Another… Some say when the tide goes out we will find out who has been swimming naked. I say we are all standing kneedeep in concrete blocks and the tide is coming in.
“debt”
to who?
name them and it all comes clear.
This isn’t the Question of the Day…its the Question of the Decade, maybe of the Millenium. If I had a researched answer I’d share it, and if I had the correct answer I’d never worry about money for the rest of my life. Unfortunately I don’t.
My guess is……..Dow 17k, S&P 2300 sometime within the next 2 years. Hope I’m wrong.
you’re wrong. it’ll be lower. at least in real terms.
rant- Number please??? How much lower?
hey, I was just curious why you picked 8500, that’s all. if you have anything riding on the stock market, I can’t help you.
The Dow 30 would shoot to the moon if American corporations would only embrace more diversity and inclusion. Another round of experienced male employees purged from the management ranks replaced with 30 year old girls and H-1B Indians should pull tech invested elite boomers’ 401k out of the trough and support another 15 years of collective non-productivity. Just send the bill to the marginally employed GenX.
30 year old girls. 3 Free kittens and pallet of box wine signing bonus.
“The Dow 30 would shoot to the moon if American corporations would only embrace more diversity and inclusion”
if you mean by inflation, yes.
“me and the boys going to get some gas tomorrow”
at least they HAD gas ….
Until Joe Blithen poops his pants…oh…sorry…he already did that
I am just glad my retirement funds are safe in a 401k
(in a diversified portfolio managed by stock market experts)
Complete with fees and sub rosa fees for extra experts and even more fees for who knows what. All that expert management over 50 years would decrease your retirement fund by 2/3. FTS
Why discuss?
Ask-socrates.com answers well.
The fed raised the rates by 75 basis points and the market is up big league. You cannot make this stuff up.
TINA
Fed Meeting
Better make that “Fuck your 201Ks”
Wouldn’t that be a 200.5K?
I’m betting on a massive deflationary cycle. The energy sector has so much fraud it’d make the executives from Enron blush. They really took it too far this time.
“massive deflationary cycle”
yep. the dollar is debt – deflation is the end-game.
but lately I’ve been thinking the deflation cycle will last only a few days before going to, not a reduced volume of currency, but total flatline. not sure an expectation of deflation will produce any useful approach to its arrival.
Deflationary when measured in Dollars?
the people in that particular building are just employees. doing what the artist depicts won’t touch the ones responsible.
The longest journey starts with a single step.
Those people work for evil. What they got coming?
That anyone thinks the stock market really matters in the big scheme of things amuses me.
You may have stocks, bonds, mutual funds, ETFs, REITS, MBS, …you name it.
Where will you get food, fuel, shelter, and security? That is what’s really at stake.
The elite don’t want to end inflation because it increases the number values of their assets. Deflation helps those who hold cash. Now that precious metals are exchange traded those aren’t even a hedge against inflation anymore. Now they are just tools of the elite that inflate more. How do you know who buy physical gold unless you hold it? Traded gold is just as liquid as stock and as fake
I just hope things don’t limp along until 2030
So does Joe.
I’ll buy when it hits 3000.