How far do you think we're away from the DOW making its epic plunge? I got into TA quite recently, like 5-6 months now and I started looking at the stock market.
Gold looks like its ready to burst
Silver looks bullish aswell
S&P500 and the DOW look as if they want to crash badly.
How far along the super cycle are we in the DOW? Any TA analist that wants to give his thoughts on that?
owyea on top of that, the last 2 bull runs took about 7-8 years, we're now 8 years into another Bullrun (cycle)
Unironically if ww3 or any major conflict occurs in the near future the Dow won't crash because the government will pump it, pretty sure that's what they're doing now to avoid a catastrophe before the bombs start to drop
Yeah I was thinking about PPT aswell, but gold might make the difference here.
Right now there are two spot prices for gold and silver, London and Shanghai, the latter pays significantly more on the metals. Silver about +9% and gold about +0.8%
Silver will get arbitraged into the east, depleting silver supply in the west, same can happen for gold. And if the western price of gold does rise it would pop the dollar bubble.
it's been crashing the same rate as 2008 since march and it will continue until there's some quantitative easing
the declining dollar inflates the prices because it not worth as much, money drops make this worse.
on the plus everyone gets to be a billionaire
on the minus the money will be toilet paper
>TA
I hope you understand that this is not taken seriously by anyone. It's a running joke in in the financial services industry.
why do you think we droppin' bombs on syria.. market is pumping ever since. its the american way
October
>Gold looks like its ready to burst
True
>Silver looks bullish aswell
Also true
>S&P500 and the DOW look as if they want to crash badly.
Thats where youre wrong kiddo