|
Re: Stock Market up 1300 points
[Re: Steven 49er]
#8260115
11/12/24 03:26 AM
11/12/24 03:26 AM
|
Joined: May 2011
Posts: 18,376
Oakland, MS
yotetrapper30
trapper
|
trapper
Joined: May 2011
Posts: 18,376
Oakland, MS
|
Right Snowy. Most don't give much credence to the Dow any more. But it is still a form of measurement that a guy can use consistently.
I am sure this rally can run until it doesn't any longer but I think eventually........the bond market will not tolerate what they already view as the inflationary consequences of Trump policies. The consensus is that those policies will add from 8-15 trillion $$$ to the deficit. That will push interest rates higher than they are today. If that doesn't happen (higher rates) then there will be a distinct shortage of buyers for US debt..........which in itself will drive rates higher
At that point fixed income investments will become more advantageous than equities.
If lower tax rates and regulation is accompanied by lower spending then that might change the math but I won't hold my breath for that to happen. We are in a bit of a conundrum eh? Eventually there will be only one buyer of US debt. China, Steven???
Just give me one thing, that I can hold on to. To believe in this livin' is just a hard way to go.
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8260172
11/12/24 06:43 AM
11/12/24 06:43 AM
|
Joined: May 2010
Posts: 10,971
MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,971
MN
|
Definitely not China.
The federal reserve
"Gold is money, everything else is just credit" JP Morgan
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8260211
11/12/24 07:42 AM
11/12/24 07:42 AM
|
Joined: May 2010
Posts: 10,971
MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,971
MN
|
Of course we've had a heckuva run in the markets with the loose monetary policies of the federal reserve and government spending.
What do you think will happen if they or should I say when loosen again?
"Gold is money, everything else is just credit" JP Morgan
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8260213
11/12/24 07:44 AM
11/12/24 07:44 AM
|
Joined: May 2010
Posts: 10,971
MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,971
MN
|
I think some will disagree with me but I'd love to see Judy Shelton replace J Powell when his term is up.
"Gold is money, everything else is just credit" JP Morgan
|
|
|
Re: Stock Market up 1300 points
[Re: Steven 49er]
#8260226
11/12/24 07:58 AM
11/12/24 07:58 AM
|
Joined: Mar 2010
Posts: 6,670
2A Sanctuaries-W. OK & N. NM
Blaine County
trapper
|
trapper
Joined: Mar 2010
Posts: 6,670
2A Sanctuaries-W. OK & N. NM
|
Of course we've had a heckuva run in the markets with the loose monetary policies of the federal reserve and government spending.
What do you think will happen if they or should I say when loosen again?
I don't know and neither do you. You call impending doom in every economic post. Eventually you will be right, but in the meantime anyone following your advice will miss out on opportunities and, instead, be paying too much for junk silver.
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8260229
11/12/24 08:02 AM
11/12/24 08:02 AM
|
Joined: Dec 2011
Posts: 11,398
MT
snowy
OP
trapper
|
OP
trapper
Joined: Dec 2011
Posts: 11,398
MT
|
II see a tighting of the belt in the next 4 years. More responsibility and accountability in the next 4 years. I see that as a stronger dollar going forward.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8260256
11/12/24 08:34 AM
11/12/24 08:34 AM
|
Joined: Feb 2011
Posts: 1,327
alberta
spjones
trapper
|
trapper
Joined: Feb 2011
Posts: 1,327
alberta
|
Huge Thomas Sowell fan here,,,,
Kinda shoehorning on the BTC thread,,,,,Michael saylor gets my vote for next chair
Never happen I know. Lol
It’s going too be an interesting next 4-6-8 years
My prediction is the rip-roaring rally continues,,,,roaring 20’s!
Last edited by spjones; 11/12/24 08:43 AM.
|
|
|
Re: Stock Market up 1300 points
[Re: white17]
#8260266
11/12/24 08:57 AM
11/12/24 08:57 AM
|
Joined: Dec 2010
Posts: 11,732
Armpit, ak
Dirt
trapper
|
trapper
Joined: Dec 2010
Posts: 11,732
Armpit, ak
|
Definitely not China.
The federal reserve X2 No more QT  P.S. What trapper doesn't love a stronger dollar?
Last edited by Dirt; 11/12/24 09:01 AM. Reason: no coffee yet
Who is John Galt?
|
|
|
Re: Stock Market up 1300 points
[Re: white17]
#8260310
11/12/24 10:29 AM
11/12/24 10:29 AM
|
Joined: Nov 2011
Posts: 24,998
New Hampshire
Nessmuck
trapper
|
trapper
Joined: Nov 2011
Posts: 24,998
New Hampshire
|
Probably no question on the stronger dollar but that will hurt US companies trying to sell overseas. Tariffs will do nothing except raise prices for the domestic consumers here and eliminate marginal jobs.............IMO.
Judy Shelton.............so many really good choices are already dead......Friedman, Hazlitt, Von Mises, Hayek, Walter Williams .......is Thomas Sowell still alive?
Trump hates the income tax...so get rid of that China pays Tariffs Avg home income goes from average of 58 k to 88 k Then the ball is rolling
It is better to die on your feet than to live on your knees.
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8260328
11/12/24 10:56 AM
11/12/24 10:56 AM
|
Joined: May 2016
Posts: 4,208
Southern Illinois
Foxpaw
trapper
|
trapper
Joined: May 2016
Posts: 4,208
Southern Illinois
|
Probably no question on the stronger dollar but that will hurt US companies trying to sell overseas. Tariffs will do nothing except raise prices for the domestic consumers here and eliminate marginal jobs.............IMO.
Judy Shelton.............so many really good choices are already dead......Friedman, Hazlitt, Von Mises, Hayek, Walter Williams .......is Thomas Sowell still alive?
Trump hates the income tax...so get rid of that China pays TariffsAvg home income goes from average of 58 k to 88 k Then the ball is rolling China don't pay tariffs, the consumer does! Not sure where Duke traps come from? The DollarTree went to a $1.25 Tree after the first tariffs and there will be more to come, so might as well brace.
Last edited by Foxpaw; 11/12/24 11:04 AM.
|
|
|
Re: Stock Market up 1300 points
[Re: Blaine County]
#8260341
11/12/24 11:20 AM
11/12/24 11:20 AM
|
Joined: May 2010
Posts: 10,971
MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,971
MN
|
Of course we've had a heckuva run in the markets with the loose monetary policies of the federal reserve and government spending.
What do you think will happen if they or should I say when loosen again?
I don't know and neither do you. You call impending doom in every economic post. Eventually you will be right, but in the meantime anyone following your advice will miss out on opportunities and, instead, be paying too much for junk silver. I didn't say I know I asked what do think will happen, poorly worded on my part. I meant to ask the group what they will think will happen. I don't give advice. If I did I'd say max out your 401 if that's what your work offers. I'd say start a Roth if you can afford to and buy some precious metals. Have 12 months cash and hope like heck this experiment can continue
"Gold is money, everything else is just credit" JP Morgan
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8260345
11/12/24 11:23 AM
11/12/24 11:23 AM
|
Joined: May 2010
Posts: 10,971
MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,971
MN
|
II see a tighting of the belt in the next 4 years. More responsibility and accountability in the next 4 years. I see that as a stronger dollar going forward. I hope your right
"Gold is money, everything else is just credit" JP Morgan
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8260349
11/12/24 11:28 AM
11/12/24 11:28 AM
|
Joined: May 2010
Posts: 10,971
MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,971
MN
|
White, sowell is still alive. Probably in his mid 90s
I could also be up for Danielle dmartino booth.
"Gold is money, everything else is just credit" JP Morgan
|
|
|
Re: Stock Market up 1300 points
[Re: Steven 49er]
#8260447
11/12/24 02:10 PM
11/12/24 02:10 PM
|
Joined: Mar 2010
Posts: 6,670
2A Sanctuaries-W. OK & N. NM
Blaine County
trapper
|
trapper
Joined: Mar 2010
Posts: 6,670
2A Sanctuaries-W. OK & N. NM
|
I didn't say I know I asked what do think will happen, poorly worded on my part. I meant to ask the group what they will think will happen.
I don't give advice. If I did I'd say max out your 401 if that's what your work offers. I'd say start a Roth if you can afford to and buy some precious metals. Have 12 months cash and hope like heck this experiment can continue
OK. I don't disagree--but even though I own PMs not everyone needs to do it because there are better ways to grow/protect money. I would add live well below your means and automatically invest so that the money never hits your checking account.
|
|
|
|
|
