/biz/ - Business & Finance

GBPUSD holders you beclown yourselves

what is boe selling to buy the pound after their government crashed it within two weeks of creating its cabinet.

AHHHHHHHHHHHHHHHHHHHH

>>51630541
Just like the BOJ "saved the Yen"?

Buddy, nobody's saving anything until JPowell is tied up in a room in the Plaza Hotel and smacked with bundles of dollars.

first for circuit breaker(s)
>pic related
https://www.forexlive.com/news/gbpusd-crash-under-10400-20220926/

It's over. I am going to ignore everything and spend my money on luxury items like normies have increased

dubs and we end in greeen tommorow

SHEMITAHPOSTERS, WHAT DO YOU RECOMMEND WE DO NOW?

It's literally over tomorrow isn't it bros
https://www.youtube.com/watch?v=bVaQN240G80

Very normal action here

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

WHAT IS TEH POINT. GIVE ME THE POD AND THE BUGS I CANT TAKE IT

>“These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain"

>>51630566
seriously though
why
what is the news event or is it some secret behind the scenes bankers and politicians only kind of thing

>>51630566
But really, we're talking some giant Asian hedge fund or what?

I tried to warn you. You didn't listen.

>>51630591
turns out replacing your populations with indians is horrible for your economy

Can anyone even tell me WHY the pound is plummeting?

>>51630599
I did, TQQQ to $40 by eoy

>>51630591
My bet is that some political favors being done for the Queen are no longer being done.

I closed on my 9/30 SPY puts on Friday during the scam pump EOD.I closed out 100% gains but thinking I should've held them. do you think there will be a bounce on Monday so I can reload puts?

Gold / GBP hitting ATHs

>>51630581
buy VIX, HIBS and SQQQ

My future

>>51630564
Didn't BOJ just start selling USTs to prop up the yen? Could this dump be the market pricing in more central banks dumping USTs to save their currencies?

https://youtu.be/0g2OB-y8bW4
I demand at least 5 more CFO/CEO window jumpers by the time we are finished.
<3

>>51630599
So what do? Buy up on Tuesday?

>>51630601
imagine being king chuck, waited his entire life for the queen to kick the bucket and she does it a week before the bongpocalypse
>his face when

>>51630599
>He thinks we're near the bottom
LOL

well shit, I might be able to straight up buy the entirety of Rolls Royce's float tomorrow

>>51630604
Because our politicians have increased borrowing to give tax cuts to the rich, other than "we'll get growth so more tax bro".

Also, flight to safety of USD.

>>51630604
>>51630591
You were already told...
>>51630232

>>51630639
>he thinks the market will go down forever for no reason

>>51630615
Ive got my gambling account primed and ready to catch a falling knife with spy puts on circuit breaker day, we haven't had a single really epic fun day yet this year and im fucking ready

BAKERS LEAVE

>>51630622
IIRC the BOJ has a few hundred billion in repo cash to burn before dipping into their 1t? 2t? worth of treasury holdings. Intervention so far has "only" cost 11 or low 12 figures (tens to one or two hundred billion).

>>51630647
>for no reason

You guys think this dip on GBP is a good buying opportunity?

B
U
C
K

B
R
E
A
K
I
N
G

>>51630647
>for no reason

>>51630614
DXY going parabolic, if it reverses gold should skyrocket

>>51630678
>gold should skyrocket
It's not even funny anymore reading that in current year

>>51630662
If the German government could cuck and buy oil from Russia maybe, but I don't know if that's even an option at this point.

>>51630639

Everyone knows they are gonna meme pump the market before midterms. Buy the big bottom on tuesday.

what's happening?
Is Xi pulling some sort of consolidation of power? Chaos as a bunch of high ranking officials mysteriously fall out of windows?
Or is it really because something about unfunded tax cuts in the UK and a global economic depression?

>>51630644
wtf is an "unfunded tax cut"?

>>51630678
High dxy means more foreign treasury selloff which means higher treasury yields which means huge institutional selloff of real estate

Go Dollar! Go! Go! Go Dollar!

>>51630700
Xi fled to North Korea don't you follow First Squawk you fucking retard

>>51630678
...and if it doesn't?

>>51630662
It’s coming down more. Just wait.

STOP THE COUNT

>>51630702
It's a type of bird
Take a wild fucking guess what it is

Europe speedrunning into a depression any% world record pace KEK

Case in point, after starting modestly higher, the meltup in the dollar accelerated, as the Bloomberg dollar index exploded to new all time highs...

... facilitated by a yen whose plunge made a mockery of Thursday's multi-billion BOJ intervention...

... and is forcing Kuroda to sell even more tens of billions of US Treasurys, to cash into USDs which he will then sell for yen, in the process pushing up 10Y yields even higher, creating a toxic feedback loop of higher yields and an even higher dollar, sending yields higher and the dollar even higher.

But the imminent conclusion of Japan's MMT experiment notwithstanding, the real highlight of the session so far has been the total collapse in sterling, whose implosion after Friday's mini budget has accelerated and moments ago cable flash crashed to a new all time low of 1.0350, below the previous record low set in early 1985, and just millimeters away from parity as every single stop was taking out to the downside. .

And since there is nothing at all to contain the now exponential move in the USD, now that the entire world is facing one massive, $20 trillion short squeeze in USD-denominated debt...

>>51630664
>>51630661
nothing has fundamentally changed in the global economy yet

>>51630731
HAHAHAHAHAHAHHAHAHAHA

>it won't break the bottom bro
https://youtu.be/e2VXvqjGXjo?t=159

>>51630731
LITERALLY EVERYTHING IS BAD

>>51630581
Crashing this market with no survivors

>>51630731
>9% inflation for half a year
>everything is fine
The new normal

We're having tenderloin every night for the rest of the year.

>>51630729
>in the process pushing up 10Y yields even higher, creating a toxic feedback loop of higher yields and an even higher dollar
That's not a feedback loop. Yields going up from people selling doesn't lead more people to sell, it leads more people to buy and hold.

>>51630727

>>51630731
Except for the 40 year high inflation lol

>>51630742
>>51630736
>can't name a single thing
>>51630747
>inflation is gonna go to 100% it's all over
sell sell sell goys!

>>51630731
Japan's been running a trade deficit for over a year

>>51630729
>And since there is nothing at all to contain the now exponential move in the USD, now that the entire world is facing one massive, $20 trillion short squeeze in USD-denominated debt...

FUCKING SCAM DILDO AT CLOSE FRIDAY JUST COST ME BEING UNTOLD RICHES FOR CIRCUIT BREAKER DAY TOMORROW

>>51630731
I thought Powell heemed all you niggers
Dont wait for a Lehman Bros moment to get out, dummy

>>51630716
>Then why is the euro dumping so hard?
>Are you american? I always notice you enjoy it when european countries fail

>>51630645
>>energy
>Okay, so the happening is that EU is getting fucked in the ass, particularly because of inflation of energy prices?

It isn't dumping because of anything your far right party did. Have they even done anything yet?

https://youtu.be/FfJv9QYrlwg

>>51630710
why would you troll me?

>>51630755
That's a really cool design but also very depressing.

>futures
fuck im going to have to get up at 630am to buy puts goddamn it i hate getting up that early

It's called the pound sterling because I'm about to POUND STERLING's boipussy to cover that margin call.

Have you ever heard of a little guy named Greg Mannarino?

Well Yolandi Visser has and she likes the way he is always right.

Wet wet

https://youtu.be/NY3-rCrSob8

>>51630692
I'm talking about the pound, not the Euro. Pretty sure the euro is fucked long term but this pound selloff seems like an overreaction.

I'd keep it tiny, like 5-10k worth. I'm just getting nervous that DXY might be peaking and I'll miss out on these discounts if this winter is just a bit warmer than expected or some shit.
If nothing else, I'm getting a 15% discount on a future vacation to England vs prices 2 weeks ago.

Well I hope your prepared for the higher cost of heating this winter.. It don't much mater what type of heating you use (electric, gas,propane,etc) it'll all cost a fuck load more each month. Just saying prepare now or get fucked later when the bill comes due.

oh wait, is it the italian elections that did a thing?

If you remove yourself from the investor bubble this really doesn't seem that bad.

But then if your sole existence is to make money (and lose money) via markets then yes you're absolutely fucked.

>>51630707

>>51630754
Remember when retards bought 0% coupon bonds because "rates will drop further, so those capital appreciation dollars end up in your pocket!"

Well, now that's in reverse as temptingly high coupon yields are bait for capital depreciation. 4 -> 5 -> 6% would lure in far fewer people than a steady 4% or 5%

>let's solve high demand and low supply by giving out more money so the people don't have to suffer under high prices
This is what we are watching with the fiscal and government reaction being "inflation" checks to consumers. Biden and UK gov is doing everything possible to bribe voters and is just makes things worse.

So we can give 10-20k to college graduates but now will have higher terminal interest rates which will kill the housing market much more hitting lots of blue collar jobs and realtors

>people are STILL asking why the market is dumping

Goys deserve everything they get lmao.

USD is the fucking GOAT

>Chinese futes red
It's going to be another great day for YANG gang

>>51630731
lol. lemao, even. look at freight rates. look at basically every single commodity. nothing has changed?

>>51630791
>oh wait, is it the italian elections that did a thing?
japan

>>51630796
It's basic buying and selling pressure. High yields lead institutions to drop investments and other assets for the safest security ever.

>>51630787
1/3rd of my savings have been devalued 15% in two weeks… I can’t imagine what it’s like for normies.

>>51630793
>If you remove yourself from the investor bubble

Do you know what a retirement account is you fucking idiot? How about a college savings fund?

>>51630777
Eh, we always think in terms of maps and monuments and emperors but a lot of people were tired of Rome's shit and benefited greatly from its collapse. Even non-barbarians.

So vix is going over 40,right?

>>51630801
No, people are asking why things are happening right now, not in general.

Milkshake?

>>51630702
it means a tax cut without any other source of revenue to compensate

>It’s over!
The ending of shemita is not a buy signal, it’s a sell signal that now everyone is realizing across the globe the economic shit storm we’re heading for

>>51630793
Investors by our nature have to live in the future. We have to consider things before normies or else get wiped.

>FUTURES

>>51630826

ARE YOU FUCKING STUPID OR SOMETHING HOLY FUCKING SHIT

>>51630814
oh my god the suez canal raised rates $30000 for boats carrying 10s of millions worth of goods that's insaaaaaaaaaaane

The best part of this is that the housing dump should be coming soon here too with the interest rates.

>10 year yield slowly rising
>DXY slowly rising
>red futures
we'll have a pump first thing in the morning and then continue dumping rest of the day. that's my prediction. likely to remain crabbing/dumping until some fed chairman speaks up about easing on interest rate hikes or stimulus money

goyslop futures down again

>>51630775
First Squawk did tweet the rumor which is why I unfollowed
>>51630762
You stupid nigger retard

Will the euro still be around in 3 years?

Can't wait to see S&P crash down to 3500 and Nasdaq in 10,000 range, lmao

>>51630835
I don't know how a Nobel laureate can be this fucking dumb

>>51630815
Japan wants a world crash asap. The worst case for them is long high interest bonds everywhere else. A sharp actual market crash and pivot is their golden situation.

>>51630581
You should have been shorting for about 10 months now

>>51630824
I think for me it's the crumbling, and the implications on daily life. You can see prosperity wasted over generations of fools and thieves.

>>51630858
you braindead? freight rates are in free fall.

>>51630731
Bro the entire world has changed for the worse. Wake the fuck up and go outside once and a while

How to make money?

AVCT
SHORT
SQUEEZE!!
GET IN

>>51630881
Because he says what democrats want to hear and says every Republican policy is bad

>>51630822
Pretty crazy when a currency used daily by 70 million people is acting more volatile than bitcoin.
I'm sorry for your losses. I really do think this whole move is just an overreaction though.

>>51630900
SQQQ or GE puts

>>51630861
Nigger Jpow just put the kabash on any cope the bulls still had that they would let up on rape hikes

>>51630731
nice bait

>>51630860
my estimated equity is already down 12% from august lol. not too worried because the estimated home value is 50% higher than what i bought it at. the crash can't come soon enough

>>51630912
kill yourself bagholder

>>51630818
Well you need to consider volume. Kuroda, Lagarde, Bailey, and Powell are all liquidating. On the other side you have cautious investors waiting due to that dynamic I mentioned as well as degens/algos buying anything over 3.x%.

The selling pressure builds (rapidly) with a stronger dollar. The buying pressure can only build with higher yields or calmer yields. So far the former is winning.

Doomer here. Been trying to warn you retards since March. I will now accept your apologies.

>>51630560
Gold.

>>51630884
Didn't japan step in to save the yen? The fuck did they do now?

>>51630861
>we'll have a pump first thing in the morning and then continue dumping rest of the day
I sure as fuck hope so, so I can get out of these calls I got thinking we'd have a technical bounce to 375-380. This GBP ass dump is throwing a potential wrench in those plans though.

>>51630912
>AVCT
>SHORT
>SQUEEZE!!
>GET IN

>>51630939
Im.up 75% lol

WE NEED GOY CONTROL NOT GUN CONTROL

>>51630952
Japan opened tourism fully which will float them for a while

Is this non-crash in the room with us right now mumu?

>FUTURES
WHAT THE FUCK BROS

>>51630968
you already got my forskin what more do you want?

Just don't look at your brokerage and 401k accounts for the next 6 months. Do it to keep from throwing up.

>>51630731
>

>>51630822
>I can’t imagine what it’s like for normies.
nigger normies literally only cares whats on the telly and what goy slop they can shove down their belly.

>>51630835
>Retard doesn't know shit
Amazing

well well well........................is there something you would like to say anon?

>>51630977
fucking sucks all the real movement happens outside of market hours now
fucking garbage

I warned you..
A few of you listened..
A few of you began linking the timeline to others..

>Once upon a time, there was an old man who used to go to the ocean to do his writing. He had a habit of walking on the beach every morning before he began his work. Early one morning, he was walking along the shore after a big storm had passed and found the vast beach littered with starfish as far as the eye could see, stretching in both directions.
>Off in the distance, the old man noticed a small boy approaching. As the boy walked, he paused every so often and as he grew closer, the man could see that he was occasionally bending down to pick up an object and throw it into the sea. The boy came closer still and the man called out, “Good morning! May I ask what it is that you are doing?”
>The young boy paused, looked up, and replied “Throwing starfish into the ocean. The tide has washed them up onto the beach and they can’t return to the sea by themselves,” the youth replied. “When the sun gets high, they will die, unless I throw them back into the water.”
>The old man replied, “But there must be tens of thousands of starfish on this beach. I’m afraid you won’t really be able to make much of a difference.”
>The boy bent down, picked up yet another starfish and threw it as far as he could into the ocean. Then he turned, smiled and said, “It made a difference to that one!”

>>51630960
Your loss

>>51630864
FYI "goyslop" is a glowie meme intended to cut down food inflation.

https://youtu.be/yahUpxNPK98
My turn Pooh Pooh pants.

>>51630986
my brother, I have been -80% before, I think I can handle a little market turbulence

>>51630990
You forgot the difficulty of paying their credit card bill.

Stop shorting you retard bears, dont you know the market is about to bounce? STOP SHORTING MY BAGS

It's over

Normies are 90-95% in real estate equity. They will feel it later on

>>51630921
What hurts the most is that I cannot escape these losses despite knowing that they will happen.

I am taxed in sterling, I am paid in sterling, I have to buy goods in sterling. I can’t barter with my goods at the shop, or use my dollars, both have to be sold for sterling to use. I hope it’s an overreaction because if we go to parity or worse, it will become so much worse.

>>51630968
S O Y C O N T R O L

HSI pumping

>>51630825
>So vix is going over 40,right

I hope so.

>>51630727

>>51631027
see you guys at S&P 2000

>>51630990
normies are leasing teslas and financing swimming pools and new kitchens with their mortgage, believe me they will feel the squeeze.

>>51631023
Pigs get slaughtered.

>>51630823
District 9 is a great movie.

>>51630928
faggot, i know but usually they like to parade someone out and try to do some damage control despite the obvious damage thats ensuing

>>51630955
i could be wrong, but i'm just going off of previous happenings. in fact, i could be wrong about the whole thing entirely. i'm confident in my analysis though

>>51630823
only started putting in my retirement account a few months ago, guess i'll be buying the dip for the next 5 years with it lol

>>51631034
>Hang Seng-0.84%
are you attempting a bamboozle?

>>51631027
Oh fug

>>51631018
yeah I bet JIDF nigger talk shit about kikes or you glow.

>market has dumped every single shemitah for the last 100 years
>THIS TIME ITS DIFFERENT THOUGH

why are goys so fucking stupid?

>>51630780
Where the fuck do you trade that let's you do options after hours

>>51630581

Survive.

SELL ROSH hashanah
Buy Yom kippur

>>51630900
Buy low. Sell high

>>51631029
I remember some article with advice from Argies. Basically hold your bare minimum - a couple thousand max - in the garbage currency. The rest, move into dollar hedged investments.

>>51630990
Ignorance is bliss, better than the panic I feel at 2:45 on a workday

>>51630825
eventually it will, I'd even say 50.

>>51631077
Where do I find a bitch like this?

>>51631018
>food inflation
2 big macs is the same price as a kilogram of good quality beef here, I'll eat a juicy steak over goyslop everyday

>>51631073

>>51631079
630am west coast (best coast) time my brother

>>51631034
>just baghold for 15 years

>>51631004
Mumus are degenerate trannies, it is a moral imperative that they lose everything. Burry's wisdom was wasted on trying to save them.

>>51631071
you just checking delayed numbers

>>51631104
Sometimes you get what you fucking deserve.

>>51630968
110 when?

>>51631077
i tried buying puts at friday close and you stole my money like you stole my 4skin
i want refunds for both

>>51631082
Selling intelligent covered calls is probably the best way for a retail portfolio to increase performance and also avoid ever chasing a stock or move.

>>51631027
No way

>>51630955
Yeah I pulled everything out of the market mid day friday cause I was afraid some black swan shit might happen over the weekend. I was right, except it's going the direction i thought instead of the pump i was afraid of. oh well, got everything set to buy back in at open tomorrow, ill lose some potential gains but we'll probably continue dumping for the next several days anyway.

How's it going Brit anons?

> U.S. 5Y 4.0276

>>51631092
Didn't you see the picture, she's 9 miles away.

>>51631076
Whoa, hit a sore spot did I?

>>51631099
not going to hold this shit for long but easy swing trade

>>51631027
Whats the most painless way to kill yourself? I have 15 dollars

>>51631141

>>51631027
man, the s&p500 will ACTUALLY go to 500

>>51631029
>I am taxed in sterling, I am paid in sterling, I have to buy goods in sterling.
It doesn't feel any better living in dollars. I know our currency is strengthening globally, but we still have the same insane inflation domestically.

>>51631128
>chasing a stock or move
Except you are stuck bag holding long shares during a bear market

>>51630749
>salmon
>Mead
Good to be a bear

>>51631129
>oh well, got everything set to buy back in at open tomorrow, ill lose some potential gains but we'll probably continue dumping for the next several days anyway.
Yeah, depending on how we look just before open I'm going to close all my calls and just put long dated puts. Fuck it, if we bounce I'll just average down on them. I had a lot of puts but took profit on all of them expecting the same sort of thing you did.

>>51631073
topkek
first reply on his latest tweet

>>51631083
I’m 1/3 gbp, 1/3 assets (not property or depreciating), and 1/3 USD denominated stocks.

>>51630749
Is this fucking stable diffusion?

>>51631180

>>51631004

>>51631180
its over

>>51631162
I don't think hedging or reducing exposure a bit is chasing, but even bear markets have ups and downs you don't want to chase. Also a difference between confirming a move and fomo chasing

>>51631029
>>51631083
>>51631184
>the British are now taking advice from Argentinians
How low can you go?

>>51631184
>1/3 gbp
Yeah, I'd not stick around in that at *least* until Powell pivots. We still have plenty of room before DXY hits the historical levels of the Plaza Accord.

There really ought to be some way you can convert that currency at your broker or at least buy tickers equivalent to UUP.

>>51631218
We are deep into clownworld bro, there ain't no going back

>>51631188
i think so. the ai is demonstrating that it doesn't know that a bear isn't a domesticated animal like a dog but why would anyone expect an advanced autocomplete algorithm for images to have such knowledge?

Slurpybros, wwa?
Bouta get me some VOO on discount.

dont worry crisis averted
back to your regularly scheduled program

>>51631218
Time to mortgage Las Malvinas. Oh wait the Argies are broke too lol

>>51631010
I listened. I'm holding vix.

>>51631235
circuit breakers ruining everyone's fun

Is it too late to buy sqqq?

>>51631214
Selling covered calls works for old guys sitting on 30 years of appreciation and are ok with giving up a few points on the exit price because they are green no matter what. I learned the hard way that buying the top and then selling covered calls all the way down is a shitty strategy. Sure I collect a premium, but it's not as sexy when those strike prices would lock in losses if you get assigned

>>51630591
Pretty obvious that the elite know that the Russia situation is going to escalate and are moving money around.

Remember all the articles pushed that said that gold will soon be near worthless because there's tonnes of it in Uganda? That's a buy signal.

>>51631232
For me it's SPY

>>51630731
Correct, we've been in the same doomed state since September 17th, 2019

CHINA STATE BANKS ORDERED TO BUY STOCKS TO CONTAIN SELLING

https://twitter.com/ForexLive/status/1574214719115825152

>>51631318
>Fuds his own coup just so he can buy the dip
What a flex

>>51631318
that's bullish actually. here's why

>>51631318
bruh

>>51631318
topkek
so much for that HSI pump

>>51631318
>Chink PPT
Shemitah fuckery?

ha guys
its going up tomorrow lol trust me I called when it was going down on friday

Anyone else slurping up the fuck out of Bong stocks with their devalued currency? Feels good being an AMERIGOD, can't wait until they become an actual state within the next few decades. God save the USD.

I make the good BOBOS go BAD.
You know my type
That Dangerous Kind.
One crash couldn't be so wrong
I make the Bobos want to lose control

>>51631220
Yeah I think I’m going to bump it up to 10% GBP, 30% Assets, and 50% USD stocks later today.

>>51631318
>plunge protection squad at it again
so fucking based

bongbros
are you okay?

>china green

Friday ended with a bullish engulfing. Amazing to me that you niggas are you here scraping by and yet when the top 1% buy the market at the closing bell on Friday you are still bearish.

>>51631271
Well, covered calls are extremely useful. They don't save you like a put does but they are more like an extra few % on top of your average returns. So making 10% into 12% or -10% into -8%. With compounding it's huge

>>51631218
>how low can you go?
If only you knew how bad things really are.

>>51631348
>>Fuds his own coup just so he can buy the dip
>What a flex

>far right parties winning elections all over the world
The good goys are going bad
c-crash the m-market!

>>51631367
I will when the GBP reaches 50% of the USD and Britain becomes a US protectorate.

>>51631385
What the fuck
Why

>>51631385
Yeah the english pound got a way with them boys in the place
Treat 'em like they can't buy a shit
And he got a way with them euros in the back
Actin' like they too hot to dance

>>51631421
because theyre switching to plastic bills

>>51631385

what did he mean by this

>>51631431
>>51631430
https://www.bankofengland.co.uk/banknotes/paper-20-paper-50-withdrawal
they are switching to plastic

>>51631367
We don't want them

>>51631430
But why would that require making the old bills no longer legal tender?

>futures

>>51631385
Wtf did I miss?

>>51631318
Fine, soft landing is off the table.

>>51631228
https://www.youtube.com/watch?v=KjlTyRBb7JI

>>51631400
What's the opportunity cost of keeping cash risk free in a high yield online savings account or treasuries during this time though? What if that -8% could have been +3% risk free but you were too busy jerking off about the premium you collected to notice. Covered calls with strikes that will put you in a loss situation is pointless. Might as well sell naked at that point and keep cash instead of long shares.

>>51631445

there are literally cucks ITT who dont say nigger in real life

>>51631393

>one post by this ID
>shilling "buy the dip"

We really need to ban bots on this website.

>>51631318
What did they mean by this? China's economy actually collapsing for real no memes?

whos excited for the giant pump we're getting tomorrow?

>>51631464
but polymer notes are used instead so it's nothing

>>51631464
holy FUCK

>HSI
>+1.5%
they buying it all don't fight the chink

>>51631393
Bullish engulfing in what chart?

>>51631486
>>51631464
>>51631445
If you're going to repost this shit at least tell them why. They are replacing them with plastic notes, its a literal nothingburger
https://www.bankofengland.co.uk/banknotes/paper-20-paper-50-withdrawal

>>51631391
It's now illegal for the line to go down in china

>>51631491

You talking to an AI retard.

>>51631441

all old notes are redeemable at the bank of england forever. in practice, high street banks will take them as well as long as you aren't trying to deposit >5 figs

>>51631498
kike

>dollar will lose to blah blah currency or gold or BTC

Hail to the fucking king dollar

>>51630539
but but the pound slipped a whoping 0.03
dont lok at redbrd

Sp500 futures are like 3700...? Why is everyone freaking out.

>>51631505
That is the entire point of coming to 4chan though. To knowingly communicate with bots and feds

>>51631509
I understand that concept, what I want to know is why. Why should people stop using the paper notes just because the government has swapped to polymer for new bills?

>retards now turning into forex gurus
>record put volume from retail
>record AAII bearish sentiment
this has to be the bottom, there's literally no fucking way we don't bounce tomorrow.

>>51631498
Haha replacing your fake money with more fake money

>>51631527

>1 post by this ID
>shilling "buy the dip"

Janice's can't do their fucking job.

>>51631487
Don't fight the Fed either.

>>51631478

>>51631531
>>retards now turning into forex gurus
kek that was my buy signal on Friday

>>51631548
Same. I am long shitcoin from 18,8k

>>51631491
>>51631505
>>51631471

kys, faggot(s)

>>51631531
None of those things matter this a decade of qe being undone while the whole world is somehow still in an energy crisis.

I'm going to go play some fallout 3 and then go to bed. I'll see you guys in the morning for the shit show at market open

Tell me sonething I can swing right now!

>>51631577
Your balls.

>>51631561
>1h candle
the state of bulltards

>>51631572
You think the big boys are just going to let everyone short this market and ride off into the sunset as millionaires? kek.

>>51631531
I hope we bounce so I buy can load on puts

>>51631577
Those digits

>>51631561

This is hardcore cope lmao. You know the federal reserve is the one buying right (using your tax money)?

>>51631498
thank you info anon

>>51631585
It doesnt matter what they want when the world has taken too many entrophy pills. The only thing the fed can do is hike right now. Other countries are getting hosed because they didnt keep up.

>>51631585

>everyone

80% of the posters in this thread are still posting bull cope dude. There are people that are still fucking asking WHAT HAPPENED??? lmao

>>51631590
You think it's going lower?
>>51631624
Whatever news that comes out of the fed at this point is bluster. They haven't even begun to shrink the balance sheet. It's all smoke and mirrors to shake out the plebs.
Did you really think they're going to let you buy everything for cheap again?

>>51631624
Another level. If you had to time a recession in the USA you want it right now. Let's see which counties can stay afloat

>>51631511
quadruple gorrilla nigger faggot kike

>>51631639
Are you fucking retarded anon? They have reduced the balance sheet by 200 billion dollars already. 8 trillion 800 billion more to go.

>>51631639
>You think it's going lower?
>Did you really think they're going to let you buy everything for cheap again?

>>51631643
>>51631624

This hardcore "AMERICA FUCK YEAH" shit reeks of glowie op.

FUCK CATHIE WOODS DAT BITCH!!!!!

New

>>51631675
>>51631675

>>51631661
Dollar ascendacy. Rest of the worlds policies that killed growth is catching up to them. Especially Europe. Millions of niggers and gibs spent for no growth.

>>51631507
Always has been.
I warned YANG bros about this. It doesn't matter if you're right when the price of the ticker is always exactly what the party says it is. They dump when they're good and ready, the way that poors pay all their past due bills when they can afford it.

>>51631661
>Stock traders liking the performance of the dollar and us equities
This shows youre a novice. USA equities are the best source of returns for investors

>>51630881
Can the UK still have a currency crisis?

Strange timing that the Vatican wanted to move all of their money into their banks by the beginning of October...coincidence?

>>51631660
Based Joker. They don't have a choice, going even lower too.
Can I save that gif?

Tomorrow will be green, but then the next half of the week extremely red.

>>51631660
>EOD id
>gif
nice

f-futures...

>PRE CUM FUTURES
PRE CUM FUTURES
>PRE CUM FUTURES
PRE CUM FUTURES
>PRE CUM FUTURES
PRE CUM FUTURES
>PRE CUM FUTURES
PRE CUM FUTURES

>>51631711
>Can the UK still have a currency crisis?
NO chance, the 0.02 drop is due to premarket fuckery large volume traders execute on the open market.

The real issue is that USA may be headed for depression and has no way out. That will break at about 2pm central, watch the news, the GBP thing is just an attempt to stop the selloff, and a bad one at that as the only country whose currency is devaluing due to macroeconomic fundamentals is US due to lagging tech and overreliance on countries which are days from declaring full war against US.

This was stupid, as the people of UK will not take kindly to US using them as a distraction, and they too will go the way of India.

Could be wrong, still, but...

>>51630754
Why wouldn't it though? If higher yields create higher interest payments (not by numerical percentage but by increasing the value of the currency they owe debt in /US dollars), this would force them to sell thier American bonds to get US dollars which would create higher yields which would increase those Nations interest payments (because US Dollars would be more expensive to buy), which would force them to sell more American bonds...

>>51633925
Interest? What are you talking about? Only like 8% of Japan's debt is heard by foreigners, compared to a third of US debt. The US has a 70 billion dollar yearly deficit, since we import double what we export to Japan. What debt are you talking about? They own like 20% of our foreign debt.

>>51630613
Hot take

What are we doing for Black Monday?

>>51634119
Getting a job delivering pizzas

>>51634056
>Only like 8% of Japan's debt is heard by foreigners
Huh I didn't know that I'm kind of retarded I guess.
>What debt are you talking about?
The general debt owed by nations in US dollars. As the dollar gets stronger this makes it more difficult for these nations to get dollars to settle their debts as their local currency is devalued compared to the dollar, so it takes more yen or Euros to pay debt owed in dollars, which would force them to sell American bonds which would then strengthen the American dollar, which would then make it harder for them to get dollars which would force them to sell more American bonds and so on.

I thought this was the negative feedback loop the person you responded to was talking about.

>>51634595
But by selling the treasuries to buy back yen that makes the yen stronger relative to the dollar, so even in that scenario of paying off debt, the yen is now stronger so paying off a theoretical debt would be easier.

>>51634660
>>51634660
>>51634660
>>51634660