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  1. #9151
    Join Date
    Dec 2016
    Location
    In a van... down by the river
    Posts
    13,784
    Quote Originally Posted by SB View Post
    Is my fake money worth anything?
    Still worth "something"...

    Name:  bitcoin17.jpg
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  2. #9152
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,306
    I personally wouldn't buy shit unless I was gonna sell it again today.

  3. #9153
    Join Date
    Mar 2006
    Posts
    19,829
    Quote Originally Posted by mdblows View Post
    NBC reporting that Captain Orange will declare a national emergency...market seems to be mostly neutral in the 5 minutes since
    It would be wise to not talk about the stock market but I don't think that's likely.

  4. #9154
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Quote Originally Posted by mdblows View Post
    NBC reporting that Captain Orange will declare a national emergency...market seems to be mostly neutral in the 5 minutes since
    Now he gets to round up all the immigrants.

  5. #9155
    Join Date
    Aug 2006
    Posts
    376
    Quote Originally Posted by 4matic View Post
    It would be wise to not talk about the stock market but I don't think that's likely.
    It would've been wise not to elect a conman as the head of the Executive branch, yet here we are.

  6. #9156
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Or a senile old man to run against him. But, here we are.

  7. #9157
    Join Date
    Jan 2008
    Location
    Paper St. Soap Co.
    Posts
    3,328
    I think the Feds dropped the ball on containing domestically and numbers are only low due to lack of testing. Good source tells me county of san diego only has 1000 test kits and limiting to 20 tests per day. Hopefully the feds have more, because they are dumping all the cruise ship people at the local base. I'm waiting to buy until it seems the market has priced in a ~2 week shut down and ~5-10% mortality for old people....plus some panic.

    Or I like s&p ~2200 number, but that is only 12% away!

  8. #9158
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Quote Originally Posted by Meathelmet View Post
    But come Monday...

    Europe is shutting down, fast and properly. Mid sized firms are already panicing with short term liquidity & production. Nobody is even doing calculations with the medium (4-8week) raw material & workforce shortages. I personally have a hard time seeing that the situation stabilises in the coming weeks as data starts to flow in about the longer term impacts. Running down certain production pipelines (metal, wood, chem industry) will take time and it will take even longer to start 'em up again. Initial predictions of European countries taking a 2-3% hit in GDP has changed into 5-8%.
    There has to be some Euro banks going down with this. They were still hobbled by 08. Italy first. Banca Monte dei Paschi di Siena is my bet.

  9. #9159
    Join Date
    Dec 2012
    Posts
    17,757
    Any thoughts on Banca de Pasta Fagioli con Broccolini Benny? Most of my family's fortune is deposited there.
    "timberridge is terminally vapid" -- a fortune cookie in Yueyang

  10. #9160
    Join Date
    Sep 2004
    Location
    LV-426
    Posts
    21,180
    Quote Originally Posted by Timberridge View Post
    Any thoughts on Banca de Pasta Fagioli con Broccolini Benny?
    Better ask a locale, capische?

    Fuhgeddabouddit.
    Quote Originally Posted by powder11 View Post
    if you have to resort to taking advice from the nitwits on this forum, then you're doomed.

  11. #9161
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    With some pecorino? ah, delizioso

  12. #9162
    Join Date
    Oct 2003
    Location
    Near Perimetr.
    Posts
    3,857
    Quote Originally Posted by Benny Profane View Post
    There has to be some Euro banks going down with this. They were still hobbled by 08. Italy first. Banca Monte dei Paschi di Siena is my bet.
    Yes. Then that will recoil to Greece, which will affect the payback schedules of ´08 debt, which will then percolate to ECB which then...oh well.

    The floggings will continue until morale improves.

  13. #9163
    Join Date
    Sep 2009
    Location
    PNW -> MSO
    Posts
    7,915
    Quote Originally Posted by Timberridge View Post
    Broccolini Benny
    Great nickname for our guy

  14. #9164
    Join Date
    Oct 2003
    Location
    Looking down
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    50,491
    Quote Originally Posted by Meathelmet View Post
    Yes. Then that will recoil to Greece, which will affect the payback schedules of ´08 debt, which will then percolate to ECB which then...oh well.
    Christine Lagarde looked very uncomfortable the other day.

  15. #9165
    Join Date
    Oct 2003
    Location
    Near Perimetr.
    Posts
    3,857
    Quote Originally Posted by Timberridge View Post
    Any thoughts on Banca de Pasta Fagioli con Broccolini Benny? Most of my family's fortune is deposited there.
    The local offices of Banca de Pasta has suffered already, coffers are empty. When Scandihoovians start to empty the shelves of Penne and Rigatoni, you know that things have turned serious.

    The floggings will continue until morale improves.

  16. #9166
    Join Date
    Nov 2005
    Posts
    1,409
    Gold and Silver falling like a rock....

  17. #9167
    Join Date
    Dec 2012
    Posts
    17,757
    Technically they are rocks.
    "timberridge is terminally vapid" -- a fortune cookie in Yueyang

  18. #9168
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,306
    Quote Originally Posted by Timberridge View Post
    Technically they are rocks.
    Now hold on a minute.

  19. #9169
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    har har

  20. #9170
    Join Date
    Jul 2016
    Location
    Mostly the Elks, mostly.
    Posts
    1,283
    I'm just pissed I don't have more liquidity to dump in right now.

    blood in the streets ...

  21. #9171
    Join Date
    Jan 2009
    Location
    Aspen
    Posts
    1,496
    I don’t think we are anywhere near the bottom yet


    Sent from my iPhone using TGR Forums

  22. #9172
    Join Date
    Feb 2014
    Posts
    2,510
    ^Trump is speaking anytime now, def. not the bottom

  23. #9173
    Join Date
    Jan 2005
    Location
    Denver, CO
    Posts
    1,620
    Quote Originally Posted by SKIP IN7RO View Post
    ^Trump is speaking anytime now, def. not the bottom
    Just bought shares of SDS. Let's see how this plays out.

  24. #9174
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Yeah, the whole WH staff has taken a collection for a special short before this speech. Ka-ching.

  25. #9175
    Join Date
    Dec 2009
    Location
    The Mayonnaisium
    Posts
    10,509
    Some of the cruise lines being halted after suspended service.

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