holy hell this shit is about to get ugly. zuck about to make a statement and fuck up FBs rally right now. and then right after, we get 2 straight hours of powell. this is an exciting time to be trading
>tell Powell to do a .50% increase >we need to double up our positions >Yes master
I'm sorry, I haven't been keeping up with the news. What's happening with the Fed? And what does it mean for my money?
Really, the fundamental think making gold valuable is people's belief. It has been ingrained in our psyche for so long it is hard to think otherwise.
When shtf, you have to have gold in physical form. But I think I would worry much more about my environment since I would be an ideal target
Pandora is acquiring AddsWiz. Stock mooning as a result.
When shit hits the fan, gold will not be important. You can't eat or build shelter with it. No intrinsic value whatsoever
Shit won't hit the fan if the stock market goes wild for a while. When shit hits the fan you'd better think about food, water, trading supplies and muscular, BDSM gear wearing bandits with ambiguous sexualities on motorbikes.
I think this is the new Fed chairman's first meeting. Most new Fed chairman have faced some sort of crisis in their initial months. This is the first non-Jewish chairman in decades, plus someone (allegedly) forced through by Trump. Interest rates are already rising, the expectation is there will be a raise, but the reaction could be extreme either way. Often the market spikes in the wrong direction first for a day or two before the actual reaction to the Fed news sinks in. There's some Audit theFed murmurs from Rand Paul again, and the market always seems to mysteriously tank when these votes come up, as if they are warning people "don't you even fucking try".
So, basically, we could get some wild gyrations up or down in the next few days, everyone will be confused or misdirected, then the market will make it's real move (which I think will be down big).
ps wow this new audio capture is super cancerous.
>Fed FAQ: What does the Fed do? Easy question in the related videos on youtube, it fucks up your gains.
the Fed will announce 6 rate hikes this year and 8 rate hikes next year. the market will crash, boomers will sell so they can retire. SPX will go to zero and then I will buy the entire market. the age of the neets will begin.
Come on man, let's leave politics out of this thread.
>buy high, sell low
I don't think you understand what shtf means. Nobody will care about gold =no value, just the same as all currencies
apple doesnt fit into your snack food portfolio though apple is a health food
Yeah I know. It's gay and better avoided.
general mills crashed and wiped out the whole portfolio
I have it set to buy when it hits exactly 173. With a bit of luck we should get there today.
>9.45% oof. what happened
I'm pretty sure that's BoomerLARPer, not snackanon.
Anyone with fedbets?
>I don't think you understand what shtf means you are an idiot. there is a reason why there is such thing as currency. i get that it has "no use" but its just a medium of exchange. thats all it is, a medium of exchange. not everybody wants what ever the fuck it is you have or are growing so how are you going to trade with people? people are going to want guns, ammo, food, water, shelter. I get that, but there will always be a need for some type of currency, you think society just made up a medium of exchange for no reason? out of all these thousands of years you are the one that decided that a medium of exchange isn't needed?