/biz/ - Business & Finance

>>26027488
It'll go down, then up. then up, then down, then up. A lot like your mom's mouth on my dick.

i sodl

>>26027488
Yes.

>>26027488
http://letmegooglethat.com/?q=flip+coin

Look at the chart faggot. Does it look like it’s headed towards 40k?

>>26027532
Ngmi

>>26027488
What do you think? Answer honestly.

>>26027572
yes

>>26027488
$14k

>>26027488
It's going to launch into the fucking stratosphere this year.

>>26027488
It‘s going down obviously. Hence you should buy.

>>26027590
Honestly a small retrace to reset oscillators before breaking ath again wouldn't be too bad.
Recent comments from several Fed members regarding the taper of monthly monetary stimulus seem disingenuous at best, given that the Fed will be required to buy the majority of the new treasury bonds issued to finance that fiscal stimulus, especially as tax receipts fall. This comes on top of a truly gargantuan amount of existing treasury bonds maturing this year.
The Fed will need to buy most if not all of this debt to avoid steep rise in bond yields. Higher interest costs to the treasury could expose the risk of insolvency in the United States, something the Fed will do everything to avoid.
With massive fiscal and monetary stimulus to hit the U.S. this year and the need to cap bond yields, the biggest casualty is likely to be the dollar. This does not mean that the dollar can’t see significant short-term bounces, but the overall trend is likely to continue to be lower. Such a backdrop is only good for precious metals and miners, especially if inflation expectations rise while nominal yields are capped. The resulting decline in real yields would also support higher Gold and Silver prices.
There is further downside risk in the short-term, but the longer this correction takes and the lower we go, the bigger the catapult shot to the upside thereafter. Massive stimulus and an asymmetric risk to the downside in real yields make such an outcome highly probable.
In conclusion, we could suffer more pain in the short-term, but given that the forecast stimulus-on-steroids is now pending, it won’t be long before we are focused on how high we could go rather than where the bottom is.

>>26027813
that's not it

>>26027813
Nigger

>>26027813
Very succinct. I'll remember this.

im hoping for (and betting on) a crash down to liquidate the degenerate margin traders and hit my options buys, then dump upwards to $50k before eom