What's your thoughts about the worlds Economy situation?

[boomy]

The stock market is falling like never before, cryptocurrency is falling back to what they were 2 years ago, where will this go? Will we see the next financial recession now?

Gold is holding still strong, I'm happy I own a good portion of it. Cash is also holding it's value at some point, food, living etc has rised a little but not enough to hurt my cash holdings.

Will the next 6 months be a hell on the financial markets?

 

[clemens]

Give the cryptomarket a few weeks, you will see it is back again to where it left last week.

Toggle signature
One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity

 

[RealDude]

this is just a small hiccup. ask again when all stock market values have fallen by 50%.

 

[backpacker]

This is the result of artificially pumped up markets.
What most people do not understand is the snowball effect which we will experience soon: Weak hands get kicked out of the market and the selling pressure will become even stronger. For good traditional dividend paying stocks with a history of reliability that is no problem and at a certain point it might be attractive to buy from the weak hands.

For crypto it is Armageddon because there are only weak hands in it, specifically in Alt-Coins. What will make things worse: When the likes of Michael Saylor are forced to sell. Then you have the dot-com bubble NASDAQ situation of the early 2000's.

 

[boomy]

well explained, let's hope we can get of the majority of the so called weak hands.

 

[backpacker]

boomy said:
well explained, let's hope we can get of the majority of the so called weak hands.
Click to expand...

I very much hope so, too 😉.
In the meantime I'm happy with cashing in dividends.

 

[JohnnyDoe]

There's so much cash parked waiting for a retracement to enter the markets. This might be a good opportunity for a new rally that is not fueled only by freshly printed money.

Toggle signature

@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[backpacker]

JohnnyDoe said:
There's so much cash parked waiting for a retracement to enter the markets. This might be a good opportunity for a new rally that is not fueled only by freshly printed money.
Click to expand...

Far too early for that. Avoid catching a falling knife.
Indeed, there is plenty of cash around. But there is even more in pumped up markets. Let the cleansing go on for a while.

 

[JohnnyDoe]

1234567890 said:
Far too early for that. Avoid catching a falling knife.
Indeed, there is plenty of cash around. But there is even more in pumped up markets. Let the cleansing go on for a while.
Click to expand...

No one can time the market, you can always buy or sell better

Toggle signature

@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[Martin Everson]

boomy said:
Will the next 6 months be a hell on the financial markets?
Click to expand...

No one knows. But if there are further interest rate hikes to combat inflation there will be a major problems. Once cheap money comes to an end expect an economic contraction. Expect more bankruptcies, redundancies and potentially a recession on both sides of the pond.

I hope this does not happen but prepare yourself and delay any major purchases for now.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[boomy]

Martin Everson said:
I hope this does not happen but prepare yourself and delay any major purchases for now.
Click to expand...

I will do that and put some money aside to hopefully make a good buy on some investment property if all falls apart.

 

[Golden Fleece]

boomy said:
The stock market is falling like never before
Click to expand...

 

[JohnLocke]

I don't think we have to discuss dooms day already 😉

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[aage]

Everything will be stable soon

 

[Golden Fleece]

James Spader said:
I don't think we have to discuss dooms day already 😉
Click to expand...

Says the guy who has "Investment Matrix for Doomsday" in his signature block! 😛

 

[aage]

Golden Fleece said:
Says the guy who has "Investment Matrix for Doomsday" in his signature block! 😛
Click to expand...

+1 for you @Golden Fleece thu&¤#

 

[JohnLocke]

Golden Fleece said:
Says the guy who has "Investment Matrix for Doomsday" in his signature block! 😛
Click to expand...

you got me dead:-!

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[JackAlabama]

Doomsday are here (at least halfway).

Its black week sales folks. Amazon et. al. charts look like of a dotcom stock gone bust.

 

[JeffBesos]

It doesn't need to be doomsday or stable. A series of small corrections is more than likely, since we barely had any for a whole year. It was due and if things did not fall apart yet ,I dont believe they will anytime soon.

 

[SoNewToAllShit]

It soon will be much better. I say two or three months and we are good again.