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In reply to the discussion: The whole stock market crash and recovery was a ruse to make billions [View all]Warpy
(114,381 posts)18. Yes it is
There's a lot of pumping and dumping going on along with massive short selling. IOW, the market has been destabilized and the vultures are out in force, so be careful if you're still buying and selling. You can't compete with HFT and in a market like this one, it's easy to get burned to a crisp.
What these stupid people didn't expect is the blow up in the bond market. They're shocked--shocked, I tell you--that a loss of faith in this country as a rational trading partner has translated into a loss of faith in this country's currency.
It's hard to fathom how monumentally stupid these people are.
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That is not how Bitcoin works, it is literally impossible to 'commandeer the entire BitCoin and Crypto supply'
Celerity
Apr 2025
#61
The US currently has around 147.3 million ounces of gold stored at Fort Knox in Kentucky. At the current price of $3,328
Celerity
Apr 2025
#63
I have seen all sorts of claims on the internet over the years, but the way I look at it, the entire Knox supply's total
Celerity
Apr 2025
#66
+1. Never ascribe malfeasance when incompetence is one of the top hypotheses. Without specific
Bernardo de La Paz
Apr 2025
#19
I think we're only halfway back from the losses we suffered after the tariff fiasco
Walleye
Apr 2025
#28
Yep!! At 10% the *CURRENT tariffs that are still in force are worse than Smoot Hawley
uponit7771
Apr 2025
#48
He's an idiot. Evidence is overwhelming for that explanation and absent for other explanations
Bernardo de La Paz
Apr 2025
#20
These more mellow statements are just spin to save Trump's ass. The inevitable tide of tariff recession is coming.
Doodley
Apr 2025
#33
True it is but there is so much more to come. The markets try to react today based on what they think the
twodogsbarking
Apr 2025
#36