What the fuck is happening? Share values crashed 10% yesterday and it's continuing today. Is this the great depression 2.0 we've all been waiting for?
>>1084772
http://www.ft.com/fastft/2016/02/08/down-down-down-go-german-bond-yields/
http://www.zerohedge.com/news/2016-02-09/deutsche-bank-selling-resumse-after-ceo-assures-risk-positions-rock-solid
http://www.reuters.com/article/us-global-markets-idUSKCN0VI011
http://www.zerohedge.com/news/2016-02-08/after-crashing-deutsche-bank-forced-issue-statement-defending-its-liquidity
>>1084772
Commerzbank down 5.8% so far today
>>1084772
Meanwhile ETH is up 16$ in 10 hours.
Why do people even bother investing in legacy corporations with all of their massive overhead, thousands of worthless employees just sucking the life and money out of an investment..
>>1084789
Why bother investing in a currency that is not backed nor accepted by anyone, and is used nowhere apart from the basements of neckbeards?
>>1084793
Because I just double my money in 3 days. While the rest of my portfolio sits there, rotting and decaying at 3% with my various bond funds being the best performers of the miserable lot.
Making 100% in 2 days is quite refreshing. I'm not going to find that growth anywhere.
If the technology delivers, it's going to be a real winner with commercial use.
Enjoy losing another 20% in the S&P500 over the next 5 months, BTW.
>>1084797
You could also short the S&P500 and make the same if not more gains.
>>1084772
>tech sector bubble popping
>china popping (just w8 till next week)
>euro banks dropping
>oil still probably overvalued
also what this fag says http://www.bloomberg.com/news/videos/2016-02-09/david-stockman-markets-going-to-be-mauled-by-bear
>>1084772
The EU is going to lead the world into the Freigeld monetary system.
>>1085220
>Freigeld monetary system
someone was reading ZH I see
>>1084803
holy shit, Stockman went full Peter Schiff there, in live Bloomberg.
nice
>>1085229
Yes but I am a frequenter of, and believer in the Freegold idea that FOFOA has blogged about so much. He proposed that the Euro would essentially be used as a transactional scrip currency but that physical gold would take over the store of value function from that currency.
>>1084803
>china popping
>next week
Where have you been the last few weeks?
>>1085242
well I was just referring to the fact that they are having holiday now
>>1085239
Hah! Fucking gold bugs keep dreaming about your shiny bits of metal.
>>1085291
Do you really think the EU makes member states reserve large amounts of gold just as a "tradition" and that they're not going to use it to their advantage? You people are seriously stupid.
>>1084803
>china popping (just w8 till next week
whats happening next week
>>1084802
>short the S&P500
>gains
man that was funny
>>1085322
Chinese new years vacation ends, and the traders return from their holidays.
>>1085233
i know, i watched it live, it was awesome
>>1084803
>wallstreet propagand-
shutitdown.jpg
The Elephant In The Room: Deutsche Bank's $75 Trillion In Derivatives Is 20 Times Greater Than German GDP
>>1085239
I am also an avid reader of FOFOA, but can't be bothered to sub to the speakeasy. His message is all available in the blog. It really is a whole other level of thought, isn't it?
Uh, why is that graph upside down?
>>1086567
>It really is a whole other level of thought, isn't it?
It is. I personally like silver and palladium better than gold but I mostly own gold just because that whole theory makes too much sense to ignore. You can even see how FOFOA's ideas are slowly playing out.
I tried to buy a subscription but it wasn't working.
