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  #76  
Old 12/20/18, 6:35 PM
Nick Gromicko, CMI's Avatar
Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Re: Stock market going down on Monday.

Quote:
How much can to carry with complete safety?
I don't understand the question. Carry it where?
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  #77  
Old 12/20/18, 6:45 PM
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Default Re: Stock market going down on Monday.

Quote:
Originally Posted by gromicko View Post
I don't understand the question. Carry it where?
with you at all times and how will you prevent i from being stolen?

Shiny metal with overhead risk.



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  #78  
Old 12/20/18, 7:30 PM
Nick Gromicko, CMI's Avatar
Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Re: Stock market going down on Monday.

Quote:
with you at all times
Why would I carry gold with me at all times?

Quote:
and how will you prevent i from being stolen?
Hide it? Exposed assets are more likely to be taken by the government or a creditor. No?
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  #79  
Old 12/20/18, 7:36 PM
Michael Larson's Avatar
Michael Larson Michael Larson is online now
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Default Re: Stock market going down on Monday.

Quote:
Originally Posted by gromicko View Post
Why would I carry gold with me at all times?

Hide it? Exposed assets are more likely to be taken by the government or a creditor. No?
Missing the point with your dodge.

You know very well what I mean.



As a Professional Home Inspector, I support the privacy of my clients.

You own your private information. I won't sell or give away yours, others do


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www.MinnesotaHomeInspector.biz

Michael Larson
Hudson, WI

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  #80  
Old 12/20/18, 8:12 PM
Nick Gromicko, CMI's Avatar
Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Re: Stock market going down on Monday.

I'm not as worried about thieves with ski masks as I am thieves with brief cases. I can hide gold from both, can't hide much of anything else from either.
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  #81  
Old 12/20/18, 8:17 PM
Wayne B. Wilson, TN 439's Avatar
Wayne B. Wilson, TN 439 Wayne B. Wilson, TN 439 is offline
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Default Re: Stock market going down on Monday.

So how is the stock market doing lol . Making America great again .



Wayne Wilson CMI
East TN Home Inspections LLC
Knoxville, Oak Ridge, Maryville, Clinton, Farragut, Lenoir City, Pigeon Forge, Sevierville and all the surrounding areas.
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  #82  
Old 12/20/18, 10:03 PM
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Michael Larson Michael Larson is online now
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Default Re: Stock market going down on Monday.

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Originally Posted by wwilson3 View Post
So how is the stock market doing lol . Making America great again .
Buy the dip, oh wait you are the dip...



As a Professional Home Inspector, I support the privacy of my clients.

You own your private information. I won't sell or give away yours, others do


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  #83  
Old 12/20/18, 10:56 PM
Nick Gromicko, CMI's Avatar
Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Re: Stock market going down on Monday.

The entire U.S. is going to be one big dip. Everyone who relies on a pension or social security or an entitlement isn't going to get paid. There are only two ways out:

1. The U.S. defaults honestly and just tells everyone they aren't getting their money.
2. The U.S. defaults dishonestly, prints trillions more dollars, and pays everyone off with money that has lost most of its purchasing power.

Don't hold your wealth in dollars.... or worse, dollars promised to you. Get out.

Last edited by gromicko; 12/20/18 at 11:16 PM..
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  #84  
Old 12/20/18, 11:13 PM
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Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Re: Stock market going down on Monday.

Quote:
So how is the stock market doing lol . Making America great again .
The Fed hiked interest rates 8 times since Trump took office and he hasn't even been in office 2 years. The Fed only hiked interest rates once during oBOMBa's entire 8 years.
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  #85  
Old 12/20/18, 11:27 PM
Nick Gromicko, CMI's Avatar
Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Re: Stock market going down on Monday.

Quote:
Yep, I pulled completely out of the stock market 2 weeks ago and put it all into bonds
OK for now, but don't stay there too long. Monitor the DXY.
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  #86  
Old 12/21/18, 6:28 AM
Wayne B. Wilson, TN 439's Avatar
Wayne B. Wilson, TN 439 Wayne B. Wilson, TN 439 is offline
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Default Re: Stock market going down on Monday.

Many factors making the market unstable , as i said before what goes up must come down Having a unstable and confused leadership does not help .



Wayne Wilson CMI
East TN Home Inspections LLC
Knoxville, Oak Ridge, Maryville, Clinton, Farragut, Lenoir City, Pigeon Forge, Sevierville and all the surrounding areas.
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https://www.myhomeinspection.net/


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  #87  
Old 12/21/18, 8:08 AM
Kevin M. Leonard, CMI's Avatar
Kevin M. Leonard, CMI Kevin M. Leonard, CMI is online now
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Default Re: Stock market going down on Monday.

Quote:
Originally Posted by gromicko View Post
The Fed hiked interest rates 8 times since Trump took office and he hasn't even been in office 2 years. The Fed only hiked interest rates once during oBOMBa's entire 8 years.
So now it's the Feds fault. LOL

Well thank God we now have a self proclaimed "very stable genius" who "knows all the words" sitting in the Oval Office that we can count on to keep the trains running on time.




Kevin M. Leonard
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  #88  
Old 12/21/18, 9:02 AM
Michael Larson's Avatar
Michael Larson Michael Larson is online now
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Default Re: Stock market going down on Monday.

The Fed gave us zero rates for a decade.

If the economy was so great as some claim.....

Face it the Fed propped up a failed presidency.



As a Professional Home Inspector, I support the privacy of my clients.

You own your private information. I won't sell or give away yours, others do


www.InspectraPro.com
www.MinnesotaHomeInspector.biz

Michael Larson
Hudson, WI

Services provided in East MN and West WI

Call me


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  #89  
Old 12/21/18, 9:09 AM
Emmanuel J. Scanlan, TREC# 7593 Emmanuel J. Scanlan, TREC# 7593 is offline
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Default Re: Stock market going down on Monday.

Quote:
Originally Posted by gromicko View Post
The Fed hiked interest rates 8 times since Trump took office and he hasn't even been in office 2 years. The Fed only hiked interest rates once during oBOMBa's entire 8 years.

This is an intersting chart regarding the history of the Fed rate and the reasons they claim the changes were made.


Fed Funds Rate History: Chart With Major Events


The Feds raised the rates actually twice from Jan 2009 to Jan 2017. The rates were kept so low since our government at the time was unable to perform in helping to recover from the sub-prime mortgage debacle that occurred during their watch.



It wasn't until President Trump's efforts to grow the economy, reduce unemployment, and increase everyone and every business' chances for success did the Feds finally determine growth was back on track and steadily increasing. The growth numbers of the past two years support the efforts of our current President Trump. As a result the Feds are steadily raising their rates back to what they consider normal for a good economy.



Knowledge is power, but sharing knowledge brings peace!

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  #90  
Old 12/21/18, 12:06 PM
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John Paul de Oliveira John Paul de Oliveira is offline
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Default Re: Stock market going down on Monday.

I disagree Manny, they are raising the rates to crash the economy on Trumps watch. Mixed feelings about Trump, but the Fed intention is clearly hostile. Trump is a threat to the business as usual military/spook complex.


Could not get through that article you linked to, they) just make up the economic rules as they go along, picking winners and losers. The opposite of a market economy, fascism at it's deepest. Noticed that the definition of fascism has changed, to mislead the peeples.
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