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/biz/ - Business & Finance


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18163424 No.18163424 [Reply] [Original]

When did you guys know that the 'top' of the global economy was in?

For me this shit was the last straw
https://www.youtube.com/watch?v=8fzM4KzH5ks

After that I put everything into silver.

>> No.18163439

tesla at 900 dollars

>> No.18164085

>>18163439
This. I told my boomers to sell everything, they didn't listen.

That was such an obvious sell signal. TSLA = Deep Brain Chain of stonks. Once that shit starts pumping to a 8x, you know its time to start getting out...

>> No.18164156
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18164156

>>18163424
I knew it but then got nervous and bitched out.

>Saw the coronavirus shit going down
>Knew it was way more serious than the media was letting on
>Went all in on HEDGE and SQQQ
>Got nervous when apple said they would miss their guidance and their stock went up for two days straight afterwards
>how is that even possible
>asked myself 'even if i'm right about the virus is it possible that in Fedmoney world the market is so irrational stocks could still go up as earnings drop precipitously'
>concluded it was possible
>sold out at a loss

This was late February. I should have stuck with my guns but I had weak hands. Bought into a bunch of bear ETFs early on so I made some gains, but I would have been up like 60% instead of 20% right now.
Everything that has happened since has reinforced the idea that we really are in the end game. Every currency in the world at ZIRP, NIRP, multiple trillion dollar QEs, repos, stimulus packages barely failing to make a dent in market decline, literally millions of people in USA alone out of work, etc. I think we really have reached the point where Fedmoney can't keep the charade going any more.

>> No.18164305

>>18163424
Pokimane asking what stocks to buy on Twitter was what actually caused the crash, corona is a red herring.

>> No.18164370

>>18163439
>>18164085
This. I got the notification on my phone and just chuckled. It was $600 only like a week before that.