Anyone selling off before Friday's inflation report and Tues Federal Reserve
whata doing with stocks and crypto.
sell some assets and reinvest after a big upcoming dip?
stake1
SBR Posting Legend
12-19-18
18116
#2
Merry Christmas!!
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hubie69
SBR Hall of Famer
09-16-10
7329
#3
Nah, buy and hold. I do buy monthly though, so if it dips I'll be buying some of that.
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JacketFan81
SBR MVP
10-28-17
1742
#4
Went cash gang for a while and now all gold. Market is impossibly overbought right now. Just walk into any grocery store and tell me it looks like America is at all-time highs. Writing is on the wall. It's coming.
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shadymcgrady
SBR Posting Legend
02-27-12
10036
#5
2022
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Chi_archie
SBR Aristocracy
07-22-08
63172
#6
If we get a report of over 6.8% additional inflation increase when tomorrow's numbers come out, I think we see a lot of blood and a very cold December
just trying to decide if I want to play around and get some cash now to reinvest later
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trobin31
SBR Hall of Famer
01-09-14
9854
#7
just hedged, taper is priced in.
did go 50% in retirement account, but I don’t have to worry about taxes there
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Fishhead
SBR Aristocracy
08-11-05
40179
#8
lets follow JJGOLD
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Slurry Pumper
SBR MVP
06-18-18
2811
#9
I bought another bunch of QQQ Puts yesterday when it was back up to $400. This is the second time at this level. Today we got a few bucks to the down side, hopefully tomorrow they tell the truth with the CPI, and if they do, things will probably tank. Oddly enough Gold and Gold Miners will tank with it because people still believe that the Fed will do something about the inflation. People haven't caught on yet that the FED has very little he can do sure they will stop tossing money in and maybe raise rates to like 1. That will end up being about it. That is like pissing on a forest fire when inflation is hanging around 10%.
Its stagflation boys its coming and will be pretty bad for everyone.