TFK Capitalist Thread

US equities looking very dodgy. The only rationale for these lofty levels are the expectation of Q1 earnings being at or above expectations. Early days, but Goldman and J&J disappointed today. A few more big names disappoint and its sell, sell, sell.

https://youtu.be/i2uu6NF2inY

For any new posters please be aware that this chump has been saying this for years

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New posters :joy:

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The bull run is seven years old now. Has to turn at some stage.

Commodity prices collapsing, how long can equities hold up?

Without a supporting boost they will fall. Where could the boost come from?

An increase in demand.

A war?

At last. Could this be your big day?

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Stopped clocks and all that.

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How dare you! I’ve predicted ten of the last three market crashes.

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Any thoughts on bitcoin? @Julio_Geordio @TheUlteriorMotive

The days of having a physical currency passing through your hands must be coming to an end. Might take 15-25 years but its coming. Should we be buying bitcoin?

:joy:

I had to.
The non-racist racists would be crying.

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Bitcoin is wild west stuff mate. I wouldn’t trust any of the parties, that allow you to buy it, to still be standing when it came to cash them in.

Avoid for now.

Has the Blockchain fad passed yet?

No it is the future* of payments.

*Currently