It’s false. Greater fools and short squeeze.Shorted the DOW over the weekend and closed out Monday. Then today there is the mother of all recoveries, please tell me this is false! FTSE up massively on news of Trump's bailout $2Tn package. It looks to me like it's all going to come crashing down spectacularly soon.
Too right - nobody wants to experience that pain! You would not want to ignore the intersection of the 8 and 34 EMA bullish cross on the 128 minute chart (yellow 8EMA crossing above the green 34 EMA).I just can't face starting a short at say 5700 (FTSE 100) and then seeing it rise to say 5850 and being -£800 margin and it keep rising!!!
Great thanks Wattie. For some years now I’ve fancied getting into gold, the hassle of getting it, storing it, always put me off, or rather made me put off actually doing it.Why can’t you get in Gold via your SIpp?
Ask your provider if you can invest in physical gold via the Sipp facilities that Gold Money or Bullion Vault offer.
Should be easy for them to add.
If not,set up another Sipp that does offer the facility, @Sipp for example , then set up a GoldMoney facility and transfer some funds to the new account.
This Is what I have- an @Sipp Gold money physical account for my pension.
“Aggressive interest rate cuts and unprecedented liquidity injections by key central banks will ensure the cost of carrying gold remains minimal. Meanwhile, a slowing global economy should also ultimately encourage a rotation from stock and bond markets to defensive assets such as gold."
European stock markets today reversed an earlier loss to head for 2-week highs on the EuroStoxx600 index, while gold bullion priced in the Euro retreated from touching €1520 overnight, its highest since the current all-time top of €1561 hit this time last month”
The UK gold price in Pounds per ounce meantime set a fresh record high, coming within £10 of £1400 before also easing back.
"If $2 trillion in fiscal stimulus was only enough to keep markets afloat for a couple of days, that’s a huge warning sign for what lies ahead."
Jobless claims soar past 3 million to record as coronavirus sends Americans to the unemployment line from CNBC.com
(10,000,000 unemployed next month)
WAll Street thinks this is good news as stocks go up!
Fellas, if you need any prove this is a Sovereign Ponzi scheme, there it is!
In 4-6 weeks time Americans will be shooting Americans as their right to bear arms -shoots them all in the foot.
Trump thinks a grand or so “printed out of thin air” will solve this to-each individual ?????
They should start with shooting up Wall st, then Washington.....
Civil war pending.
well we get rid of any American “political / Wall Street” influence to start, Europarticipants too.I take it all back about the Chem trails, issue best they start spraying first thing tomorrow morning , iI know a very good supplier who does a cheap line in Tin Foil Hats , On a more serious note its hard to see a way through of implementing an organised Global reset ..........................any constructive suggestions
Keeping my AML holding as voting soon on a rights issue of 4 shares at 30p for every share held. I suspect the players with big money invested will stop this going ahead. If it does, the value will be diluted.Aston has gone mental! I wanted to buy at 130 just under 2 weeks ago, i really did, but within SIPP setup. I was all in a fund, sold it, didnt realise it would take 2 days to go through.. By that time Aston was up to about 160 already, so didnt bother... Just seen it today at 280!
More unemployed equals more stimulus?well we get rid of any American “political / Wall Street” influence to start, Europarticipants too.
Honestly, how can “3million unemployed be stock market positive”?
Surely this means 50million unemployed will send stocks to record highs.