Markets / Economy

   #181  

Jack@European_Parts

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I know and to my surprise even the Chinese buffet was vacated yesterday. Right next to dollar store and a bunch of other stores with new vacancies.

The dollar store also had a sign that it was closing boy sure glad they had my USB cord so I didn't have to buy online
 
   #185  

DV52

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Gold at last .......
Jack: true - stock in precious metals is the traditional safe-haven for investors in times of tumbling prices (other than shorting the market) - but I'm prepared to share with you another money-making solution (and I won't charge you a fee for my advice): go long in toilet paper manufacturing!!

like the h1n1 virus, I reckon the buyer trend here in Australia will infect your markets soon. You could "get-in before the hoarders" (it's a joke -think about it) and bulk buy toilet paper - or you could buy stock in the manufacturer!! If you choose the former - make sure that also bulk buy laxatives so that you can use all the toilet paper when the public realize their error!! If you choose the latter, don't hold the stock too long - for the same reason!!

The world has gone mad - except for you and me!!

Don
 
   #186  

Jack@European_Parts

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I love the smell of corn bread virus pandemic baking in the morning!

Don't forget the butter spread to lube it up!
 
   #187  

Uwe

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Investors dodging market meltdown say they can’t find liquidity

Investors say it is becoming increasingly difficult to trade due to the extent of swings on a day that saw 30-year Treasury yields drop the most since the 1980s and a fall in U.S. stocks so sharp that trading was halted minutes from the open. Even before today financial conditions were tightening at the fastest pace since the 2008 crisis.
-Uwe-
 
   #199  

Bruce

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Remember that a profit isn't real until you sell. ;)

-Uwe-
Nor is a loss real until you sell and lock it in!

Speaking of losses, nearly every market in the world fell today. The US dollar is up against most other currencies. Biggest surprise for me was Gold falling... I would expect everyone to run after gold...
 
   #200  

Uwe

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Biggest surprise for me was Gold falling... I would expect everyone to run after gold...
Nope. People are liquidating everything, even (paper) gold. Remember though, the price you see are futures contracts, and the commodities exchanges have the option to settle those in cash rather than actually delivering the metal. Now try to find some actual physical gold (or silver) that you can take delivery of. If it's available at all, the premium above the futures "spot" price has risen dramatically. This same sort of stuff happened in PM markets in back in 2008.

-Uwe-
 
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