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/biz/ - Business & Finance

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17872262 No.17872262 [Reply] [Original]

>Great depression saw stocks drop 95%

This is worst then the great depression, the stock market as a concept wont exist in a few years.

>> No.17872274
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17872274

>>17872262
And that's a good thing

>> No.17872278

>>17872274
based

>> No.17872292

>>17872262
change your tampon out and calm down there anon. It's going to be bad, but saying the market won't exist is a hige overreaction. It wil drop dramatically more, but the market isn't going anywhere.

>> No.17872382

>>17872262
The market will exactly do what you and all the other scary noobs think. Because the market is a charity contest and a playground for kids.
lmao

>> No.17872388

>>17872274
this but unironically

>> No.17872430

>>17872292
>but the market isn't going anywhere.
Wrong. The US dollar is going kaput.

>> No.17872443

>>17872430
prove it.

>> No.17872493

>>17872443
No.

>> No.17872523

>>17872443
chinese petro yuan oil futures prove it. They're challenging the dollar neither side is gonna back down

>> No.17872524

And nothing of value will be lost.

>> No.17872534

>>17872262
BUY OIL PRODUCING ASSETS YOU DUMBFUCK. THE SAUDIS ARE GIVING THIS TO YOU FOR FREE.

>> No.17872569

>>17872523
ww3 time.

>> No.17872594

>>17872262
The devil's rain pours from the heavens
And it's wonderful

>> No.17872734

>>17872274
agree... if this shitshow means the death of centralized political economic institutions, then in the long run it will all be worth it

>> No.17872808

ended up a 90% drop but eventually slowly and painfully got back up again (took decades)
so this is your worst case scenario, drops to almost nothing then after about 20 years real bull markets will start to pop up

>> No.17872826

>>17872534
Guide me fren, pls

>> No.17872898

>>17872826

just walk in to a Saudi oil shop and pick up a couple of barrels of crude

>> No.17872922

>>17872262
The great depression was like the SIBOS dump. This will be more like the post-mainnet dump. Google announcement coming soon. Trust the plan

>> No.17872935

>>17872826
have explained this already.

Crude has already priced in most of the risk it is going to see. While other equity markets were pricing in the corona trend day by day, oil went ahead and priced in corona plus a (possibly manufactured for (((purposes)))) oil war overnight.

This means you can move primarily into oil slowly over the next quarter with minimal risk, and it will be as good as holding cash or gold, with the added benefit of being more liquid and paying dividends.

Becasue oil markets will bottom first, they will also be already recovering by the time the borader equity market is recovering in 2-3 quarters. At that point you can begin roating funds from oil to other commodities and sectors to maximize whatever recovery updraft there is and avoid losses.

figure bottome got oil probably about 20-25, I've started dripping into producers with a history of maintaining dividends as of today and will be dripping every 2 weeks forward. Frankly the saudis logististically cant maintain 12 mil+ output for more than ~1year before the sheer logistics of production plus storage drawdown can't be met, and the politcal fallout of $30 oil will catch up with them far before that. They just arrested 300 saudi prices today in a soviet style crackdown (but you didnt hear about hat unless you were listening, wink wink), their system cant handle depressed oil for more than a quater or two.

My gem right now is husky energy. Trading at 15% diviend with enough cash on hand to cover next year or so of payments + capex (1.5 bn cash + 1.5 bn recievable with nothing outstanding until 2022). Trading at $2 USD/ $2.86 CAD and wont go much below $2 without market value equalling cash plus immediately recievables. Rich chink majority holder at the helm who cant let it go to zero. Safe hold to use as a stable hold then rotate into broader holds as recovery takes place.

sidenote, just went to the bank to get some physical cash. Could only get $1000 and only $20s left. scary.

>> No.17873043

>>17872734
Only if we get rid of the Jews in power also

>> No.17873064
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17873064

>>17872274