ITS HAPPENING thread #3
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Deutsche Bank
https://www.google.com/finance?q=ETR:DBK
>>80050674
https://www.youtube.com/watch?v=pFptt7Cargc
Thread theme
explain why this is happening /pol/
what news triggered this decline and why
Ordo Ab Chao
>>80050674
Can somebody tl;dr what is happening and how severe it is? When will the actual collapse happen if it really occurs? Will they blame it on Brexit? Why Deutsche Bank and not other banks?
Thanks in advance.
>>80050674
When you see it...
>>80050674
The bollinger bands are very fucking tight, get ready for a plunge in fifteen minutes
>>80050674
>financial weapon of mass destruction
Can't bail out this.
But can you bail it in?
I genuinely have no fucking idea how economies and banks and shit work
What do all these numbers mean? Why are graphics going down a bad thing? Why is a bank failing bad for the "economy"?
What the fuck does a bank have to do with basic human needs like energy, shelter and food?
This is all just crazy talk for me.
>>80050829
Fuck, pic related.
>>80050870
I trade futures and options, I'll happily answer any questions you have.
>>80050790
Brexit was the straw that broke the camel's back, even though they don't admit it.
You guys scared me into buying silver from Degussa
is it worth it
>>80050822
>Will they blame it on Brexit?
Hopefully.
>two world wars and one world cup and the biggest bank
>>80050822
>Will they blame it on Brexit?
Gee I don't know. Do bears shit in the woods?
>>80050674
muricans must kill eyroslaves to be alive
>>80050822
>Will they blame it on Brexit?
No, they will probably blame it on evil whitey ayy
http://www.independent.co.uk/news/world/politics/financial-crisis-caused-by-white-men-with-blue-eyes-1655354.html
Invest in ruble, comrades. You can't ruin the currency, the most common denomination of which literally represents Apollo waving his dick.
Before OP starts shilling gold and silver, Ill start by shilling bitcoin instead. Gold is an outdated commodity that won't hold up to in the modern age. We arent going back to the gold standard friends.
>>80050931
Why is this a happening? It looks like share prices are up.
>>80050822
I'm no guru but from what I understand DB has a lot of bad debt on its books that it can't unload
its assets-to-liabilities ratio is not healthy. In other words, how much it's worth vs how much it owes. It owns a bunch of debt that it's, I guess, unable to monetize or turn-around or whatever.
>>80050822
Sure DB and CS could get fucked.
If the central banks respond well i don't think it'd be too much though. It mostly rests on how well managed the risk was on the derivatives.
It's DB because its strictly an I-Bank without the commercial side to support the investments with sustainable income.
>>80050822
>Can somebody tl;dr what is happening and
Global economic meltdown
>how severe it is?
Very
>When will the actual collapse happen if it really occurs?
Soon
>Will they blame it on Brexit?
They are all ready doing it.
>Why Deutsche Bank and not other banks?
DB is the new lehman brothers
>>80050931
right but what event happened on july 6 that triggered the fall here
brexit happened on june 23rd, this is two weeks later. some even must have happened to cause this. what is that event? how is or isn't it related to brexit?
>>80051074
>global internet crashes
what do
>>80050980
Silver? Are you fucking kidding me....
>>80050790
>>80050931
First they broke democracy and now the world. Fuck Brexiters.
>>80050980
as a mean for collateral
>tfw you have your soul in the bank
How merchanted am I?
You're all fucking fools. You really think gold and bitcoin will help you during this mess? I recommend the most superior form of storage: a BOX!
>>80050790
Consob, Italy's Securities and Exchange Commission, has banned the short selling of shares in stricken Italian bank Monte dei Paschi di Siena for at least three months from Thursday morning, in the latest sign that Italy's banking system is teetering on the brink of a major disaster.
WHAT THIS MEANS
The oldest bank in the world, Monte dei Paschi is about to need a bailout, very soon.
That bank has made a number of large derivative trades with Deutsche Bank to hide its balance sheet. If one bank in a derivative trade defaults, the trading partner has to bear the full cost of the derivative in what is called COUNTERPARTY RISK.
Deutsche Bank has been doing terrible, and currently has 90 trillion dollars of derivatives on its books.
Therefore, if something bad happens in Italy, DB's stock will start to plunge, and the world economy will enter a crisis larger than 2008
>>80050790
Germany's economy is a paper tiger, they trive as much as other countries plunge into shit because the general idea on the markets is that when the EU goes well Germany goes well, when the EU goes to shit Germany goes to shit.
You want to know why Merkel is so desperate to keep the EU afloat ? If the EU fails Germany is going to end up like Greece.
>>80050883
I will give it 2 weeks till major margin calls cause a massiv drop
As much as i want this to happen , to start the happenings. Nothing will happen.
i'd rather be right about not happening than be wrong and it did happen.
>>80051151
i'm not rich sorry
>>80051103
>If the central banks respond well i don't think it'd be too much though.
from what I understand there's a lot of cold-feet around cash infusions in Europe right now. The Italians want to do it for themselves but the Germans won't let them, and now it looks like possibly the Germans will have to do it for themselves. Except the politics of bailouts have gotten extremely dicey, particularly since it's bound up in the overall stability of the EU.
>>80051074
I'd actually reccomend long GDX. I'm personally long on that through options.
Gold is worthless, don't actually be a retard and go buy coins or some shit though.
GLD, which is synthetic gold is also a valid choice.
>>80051192
That box looks like my future house.
>>80051180
>having a soul
Just let it stay in the bank and buy prepping gear for the merciless wasteland
Kraut deserves it.
7x1, never forget
we can start the fire
go on http://stocktwits.com/symbol/db and remind them of >>80050840
>>80051117
Your bitcoin storage isnt reliant on the internet. Only the transaction network is. In the case of outages, your wealth is safe.
If the internet goes down "for good" you have a lot more problems to worry about than currency and your gold/silver wont save you.
>>80051266
When the global markets crash all your shares will be worth shit and your currencies will go down tha drain
silver and gold will rule the world then
>>80050674
It's
H a p p e n i n g
a a
p p
p p
e e
n n
i i
n n
g g
>>80051324
it won't save me but it can buy me slaves to rule new germania kek
>>80051252
And yet just a week ago Merkel veto'd those measure because muh rules.
Don't you just love Karma ?
>>80050674
All going to plan
https://www.youtube.com/watch?v=Zvl9N9GdraQ
https://www.youtube.com/watch?v=Zvl9N9GdraQ
>>80051315
nigga that's not the good one, that's NYSE
>>80051237
Dont invest in precious metals unless you have a few hundred thousand to invest. When you trade in small volumes you loose more from trading fees.
>>80050790
you're getting really fucking obvious in your played ignorance by now
>>80051252
Everyone wants to say that, but in practice nobody wants to be the person that lets the next Lehman Bros happen.
I could see a situation similar to fannie and freddie mac where the banks are placed under government conservatorship as the most likely path out honestly.
>>80051269
Not only can you live in it! You can put other things in them, like your gold coins, your hard drives with bitcoins on them. Or even another box. I know what Ill invest when the market implodes; BOXES!
>>80051206
So Italy is about to bring down Germany again, for the third time in a century?
>>80051266
I might not be a gold bug but fiat is just as fucked. Central banks will fall to p2p cryptocurrencies this century. It may or may not be bitcoin that does it.
>>80051358
PLUNGE
Bamp with rare OC pepe's
>pls save
>>80051329
If the markets implode to that extent no-one will give a fuck about your shiny metal either.
Money is faith.
>>80050980
Don't buy silver. Bad Goy
Explain to me why I should give a shit about one of the Jews banks needing a bailout
>>80051442
i like to have somthing physical though
what would you recommend to invest in for someone who has like 200€ to spare every month?
>>80051329
Weapons and military power will rule in the event of any collapse not shiny metal.
>>80051457
Where can I find these "Boxes"?
so let's imagine shit really goes mad max bad...
what's your plan?
>>80051533
this
If you want silver in the USA buy junk silver coins, (pre 1965)
You can buy for less than the spot price of silver, they come in various sizes so you could trade with them if shit hits the fan,they are not faked like bars are sometimes, you save 5% over bars 10% to 20% over eagles, you can buy them and sell them anywhere, usually with no sales tax, postage etc, you can buy small quantities or $1000 face value bags
>>80050870
Basically in a nutshell banks (create money), when you or I put 1USD into our bank account they loan out 90cents of it and hold 10cents in reserves.
That's how local banks work, the central banks like the Philly FED or the NYC FED set the interest rates and the reserve rates. The reserve rates prevent a Run on the banks- like what happened in the 1930's And the interest rates are used to loan money between the FED Banks and your local bank. Lets say they set the rate at 3% that means our banks loan us maybe at a rate of 5 or 6% to make up the difference. Everyone pays their share and everyone is happy, until a fucker like Obama comes in and sets the rate to 0% or negative and then our banks go bust because surprise our local banks go under, while he prints more money for his stupid projects and ideas and then we all die of starvation.
In a nut shell they have done all of the following PLUS much much more.
We are so fucked you can't even imagine OR everything is OK because future generations will have to pay for it. Nobody really knows....Welcome to humanity where math doesn't matter because FUCK MATH!
>>80051154
You cant break something that is actually built properly.
The Euro is like the EU, built on quicksand.
le EU economic powerhouse meme.
The bloc is composed of debtnigger countries.
>>80051422
it'll open in 3 hours
>>80051117
Only retards invest in bitcoin.
How you buy food?
Medicine?
Or a ticket to somwhere else?
Bitcoin is like trade market shares.
With gold and silver you got at least somthing in you hands.
Shock what happens with no electricety.
And will my local doctor, supermarket acept kekcoins?
I dont think so.
>Down less than 1 point over the past 3 days
>>80051314
I'm a bit upset it wasn't 7-0
That would have been even sweeter
>>80051154
Who broke the world?
fuggin witness me you water drinking fagget
>>80051113
Perhaps running out of the steam needed to keep propping it up.
EURO crash is not end of the world material but if your country trades in Euros be prepared to live like Zimbabwean savages for a a few decades until you natural European nature allows you to recover.....
Oh wait your full of blacks and Muslims..... Well children of men style Jihadist ghettos incoming for you euro-trash then.
>>80051473
I'd strongly disagree with that.
Fiat more or less is cryptocurrency at this stage, the majority of the world's currency exists virtually. The difference is that governemts are stable and their word is valuable. Crypto will never have that.
Say what you want, but i dont want to trade contracts on oil with a currency that moves 200 basis points in a day.
everything looks normal so far outside.
>>80051630
This
>>80051648
just because of Özil the mudslim.
I hate him since always and I think he is overrated.
>>80051609
>Basically in a nutshell banks (create money), when you or I put 1USD into our bank account they loan out 90cents of it and hold 10cents in reserves.
No, you put 1 USD in and then they lend out 9 USD and have your 1 USD as reserve.
>>80051563
I'm glad you asked! I happen to have a good contact whom I'm not affiliated with at all, who has a wide variety of cubed shaped cardboard just waiting to be filled with your stuff. You just need to deposit money into a paypal and a box will backtrace your donation through the internet and deliver it to you automatically.
>>80051717
>today is like yesterday so tomorrow must be like today
typical everyday-bias
keep your eyes open, things can change rapidly
>>80051698
>Oh wait your full of blacks and Muslims
>coming from a uk poste
kek
>>80051534
Get a robo trader like acorns and let it build you a portfolio of ETFs. Markets only go one way historically.
>>80051704
YOU!
How do you explain this?
>>80051596
What do you recommend? Guessing I should avoid any of the popular coins
Can someone give me the TL;DR on this? What significance does the Duetsch bank have?
>it's up.
What the fuck am I supposed to be seeing?
>>80051534
Kauf gold. Sammel dir ein kleines vermögen. Nicht aktien scheiss sondern gold münzen z.b.
HOLY SHIT SHORT ALL THE THINGS
SELL SELL SELL SELL SELL
ITS FUCKING HAPPENING
I'll buy up on flour and oats, buy some silver bars and get my dad and uncle to buy ammo for their weapons (both hunters). We have a farm with its own water filtering and generators. Anything more?
>>80050883
At least the sources include the six.
>>80051769
>Ozil
>Overrated
Stop. Just stop.
>>80051784
Ours are documented.
>TFW living in the Orwellian nightmare is actually breddy comfy.
>>80051769
/sp/ is leaking!
>>80051778
Sign me up!
>>80051206
I'm almost sure we already bailed them out.
What you're talking about may be the second one.
>>80051873
Orwellian nightmares are best nightmares tbf
>>80051630
>Bitcoin is like trade market shares.
No, bitcoin is like the petrodollar but for drugs. Consumption of drugs always go up when the world goes to shit.
As long as people can buy drugs through the internet with BTC it will stay strong.
>>80051822
Nothing.
Its at .25 book value. It won't trade much lower without a catalyst.
>>80051826
I got myself some silver coins, gold is too expensive for me kamerad
Douchebank is gonna be fine. It's too big to fail.
https://www.youtube.com/watch?v=Z0GFRcFm-aY
>>80051630
Your local retailer doesnt except gold either, bitcoin is a store of wealth.
The physical aspect of gold is mimicked by the scarcity enforced by the oritocol. The outcome is the same, except you get the added benefit of a global payment network with zero intermediaries.
Bitcoin has performed better than any asset/currency on earth every year of its existence. Those who invested sure were retarded huh.
The funny part is that cryptocurrency is simply the evolution of gold and the only way past the fiat financial era. Yet some goldbugs are still blind to this.
>>80051935
it's too big to fail, but it's also too big to be bailed out
When seeing this chart I was wondering if there
is a technique to reveal repeating patterns for different time series. Have thought of some
cointegration stuff for different time periods but can't find anything. Any Finance-/Quantfag here who can help?
>>80051826
>>80051925
Where do you even buy precious metals?
>>80051609
Whatever it's all the same, the point is the bank makes money AND I have my dollar when I want to take it out PROVIDING they have it. OR up to 250K as stated by the FDIC.
>>80051147
Strap-in Adolf its fucking happening.
>>80051999
meant >>80051106
>>80051805
I think this is something you post to a Jap poster not a Korean.
>>80051903
>>80051777
wait now I'm more confused. How the fuck do you lend those 9 USD, from other people who put money in the bank? Does it just come out of thin air?
Also, who the fuck keeps loaning and who keeps getting all these debt and who's the big debt collector, so to speak?
>>80051704
One thing that I've often wondered is what the process of "mining" is supposed to achieve
Why didn't the creators of Bitcoin and other currencies simply create all the Bitcoins that would ever exist and leave it at that. What does the process of "mining" accomplish?
It's pretty obvious that the "mining" is a scam to fool people into thinking they are literally mining a scarce resource, and suck people into the Bitcoin bubble
The only value one can legitimately ascribe to Bitcoin is it's ability to conduct transactions free from government interference. But I highly doubt this is enough to underscore what it's trading at in the current market
>Born just in time to experience Weimar 2.0
>>80051944
https://www.youtube.com/watch?v=UIyRXvHmXxo
Bring on the fight for survival in the wastelands
I just hope it comes while i'm still young and fit
>>80051944
>end of the world
>url
>Z0G
ZOG confirmed
>>80051778
Those might be a little small for my needs. How am I supposed to fit my family in that?
>>80051999
Quant here, there is a technique. I'll let you in on the secret of finance.
We call the technique 'guessing'
>>80051566
I'll be on my way to Chile to live like a king
So basically some bank accountants/trader/analysts (whatever they fucking call themselves) find some weird glitch in the economy which enables them to acquire millions of fiat digital currency???
All this weird abstract shit
debt write off insurance double short sell,
triple backed short insurance security,
FX free trading leverage instruments
property geared fractional reserve stock......
blah blah FUCKING BLAH!!!!
IT'S ALL A LOAD OF FUCKING BULLSHIT
Isnt this just gonna completely fuck up the economy because it warps the value of money itself?
>>80052096
>Does it just come out of thin air?
Yes. If they weren't handling money that doesn't actually exist we wouldn't be in such deep shit.
>>80051781
Habbeni g fag prayes on the colaps. Go in you habbening bunker and take a cyancali pill.
Stocks are climbing everthing is in a plus.
>>80052097
Because that would leave supply in the hands of the creators who could act like a central bank.
>>80052096
It's The Jews.
It's always The Jews!
>>80052006
Degussa
i read a review of börse online and they recommended Degussa as the best online seller
>>80052097
'mining' runs the network. not enough users would run bitcoin clients without a reward system. that's why.
>>80051566
Plan on taking back my country from the foreigners living here
Great opportunity for rebuilding Denmark
>>80051237
Silver coins are fucking useless in a happening scenario. You're literally better off using the money you would've wasted buying silver on 1 can of ravioli and 1 water bottle per day and storing them in your basement so you can save money eating from your stockpile because you're going to get scammed off for your silver or worst you're going to be trading a silver coins for a water bottle.
Precious metals are only viable if you're buying them in bars, anything else is a waste of time.
>>80052097
i thought with "mining" you are loaning your computer to process transactions or whatever for the system
>>80052006
Most banks offer bullion exchange services.
Plenty of fees though. You have to buy at higher than market value and sell lower. Similar to FOREX. There are also handling and transportation fees. Dont even think of removing the metal from its plastic enclosure. The depreciates the value too.
>>80052194
This.
And like a central bank, it would tempt people to manipulate the value of the bitcoin based not upon true demand for it or the size of the bitcoin economy.
>>80051999
Charts are utterly worthless, so is quant trading to be completely honest.
Ask a fund manager who had a black box trading CDOs in 2007 how great quant trading is.
Or for a fun read look up long-term capital management.
Macro funds are the only long term viable funds.
>>80051809
They are all unpopular coins who can't get a date, but occasionally you might find a Chad or stacy.
>>80051704
Bitcoin's volatility is simply a matter of early price discovery.
Cryptocurrencies are not fiat at all. The "crypto" in cryptocurrency is important. The cryptographic algorithms are mechanisms to ensure arbitrary devaluation cannot occur by any party under any circumstances. What you are left with is an incorruptible ledger of value.
>>80052237
Oy vey! You antisemitic Nazi
>>80051013
kek, first thing that caught my eye as well.
>>80050759
Underrated post.
>>80052096
>wait now I'm more confused. How the fuck do you lend those 9 USD, from other people who put money in the bank?
Its called fractional reserve banking
>Does it just come out of thin air?
100% recycled electrons straight to your credit card.
>Also, who the fuck keeps loaning
The banks
>and who keeps getting all these debt
The goys
>and who's the big debt collector, so to speak?
(((the banks)))
>>80052096
He's wrong, that's not really how it works.
Look up fractal reserve banking if you want a real answer.
>>80051912
So you tell me killing btc will kill the drug market?
Well murder them all or even better. Kill the internet and wipe all servers.
>>80051912
Pretty much this.
As it stands the demand for bitcoins (and therefore its assigned value) comes to heavily from deep net drug markets.
I warn you not to invest to heavily as that's probably going to change when people realise that buying drugs in the mail from untraceable anonymous people is seriously fucking stupid.
I used to use them for weed, my wake up call was when some guy pressed DMT crystals into the bud and I tripped balls to the land of the dead.
Its only a matter of time before some asshole jihadists figure out that they can literally poison a shit tonne of people.
CRASHING THE ECONOMY
WITH NO SURVIVORS
Do we actually expect anything to happen today, or is the real happening a few weeks down the line?
>>80052097
Holy shit man atleast read about bitcoin before ranting about something you are completely ignorant of.
I have about 3000€ on my bank account and would like to keep them. How fucked am I?
>>80051147
15000 hours in mspaint?
>>80051917
So why is everyone crying HAPPENING when it won't go down?
PRAISE KEK
Derivatives implosion incoming!!!
https://www.youtube.com/watch?v=Nhn5T3dBOwE
gg no re
>>80052431
Give me the odds on a bear raid on DB stock
>>80052161
>Quandt
>Guessing
You must be a real big fish
>>80052461
This will play out over the coming weeks and months.
I was going to apply for a job at Deutsche Bank.
>>80052461
At the current rate 3 weeks.
Its lost a 3rd of its value in a week and a half... (brexit)
A lot of people only check day trends for stocks at the moment the markets literally just dumb money the smart money was the third that left.
>>80052476
dunno man
if € goes to shit you could be very fucked
investing in tobacco and vodka as crisis currencies is probably a good idea
>>80052373
I meant more in the sense that it exists in the virtual realm.
But my main point stands that it lacks faith.
>>80050840
Incorrect
people talking about survivalist larping and 'how to trade bitcoins/blowjobs for food and bullets' really don't know history
when there's a harsh slump or hyper-inflation or the system breaks down, people don't start eating each other in a week. You get what many here have been clamoring for for years: a ripe later-Wiemar situation. Life will drag on painfully until the people rally around the brave bold solutions of whatever sounds New and Promising. No STALKER RP for us, it's hitler time folks.
>>80052476
Get it out today. like right fucking now, and purchase some sterling.
Move to Britain bring your wife....
I'll find some work for you.
>>80052488
>88
THANK YOU MY LORD
>>80051917
Even Bank America trades for half of book value and has for a long long time. And book value usually understates the worth of the company.
It's almost like it was set up to lose money
>>80052613
terrible idea, your literally just enriching some mus/nigga that will up and steal your shit with a sharpened spoon.
>>80052655
Hitler time is the best outcome and its what ive been hoping for
>>80051912
This is a common misconception. The amount of volume in the bitcoin ecosystem going towards drugs is miniscule compared to the total network volume. In fact, the west plays such a small role in the bitcoin market it's laughable.
Check out www.bitcoinwisdom.com and look at the market volumes and you'll see who's really driving the growth of bitcoin.
>>80052570
I'd say its 65-35 you see it hit single digits.
25-75 its actuallt allowed to go bust though.
>>80052487
Because you can't expect /pol/ to understand banks outside of (jews).
>>80052488
WITNESSED
>>80052660
Yeah, I have work here as well.
Coventry here.
>>80052476
Can you drive Deutche, brü?
>>80052437
>So you tell me killing btc will kill the drug market?
Ofc not, you will still have people buying drugs. But shutting down the drug market on the internet would certainly be a huge blow to BTC.
You can literally order an ounce of prime grade hashish and have it arrive in the mail a few days later. You don't even have to leave the house.
>>80052439
>when people realise that buying drugs in the mail from untraceable anonymous people is seriously fucking stupid.
Its druggies you are talking about, i think they are willing to risk it. Also you can order from people with good reputation, its practically like ordering shit from ebay. I would be more worried about the authorities shutting it down.
>>80051966
Yes my local retailer acepts gold coins by federal law.
>>80052712
what if i had a gun and lived in a community without nigs
>Down 0.17%
Nice happening you have there, spergs.
>>80052476
Lmao 3k? Just pull it and keep it at home.
CRASHING THIS ECONOMY
>>80050993
Who's this fluid druid?
>>80052299
This, just buy food/water and most importantly guns and ammo. If you live in a cuck nation I guess buying a really swanky crossbow is your best bet.
>>80052355
Sure, I'm a Macro guy myself, but from time to time I dive into this quantitative Finance stuff.
It sometimes has some interesting things to reveal
>>80052827
It's down below the 2008 low. DB is fucked, KEK WILLS IT
>>80052006
Wir haben eine wechsel stube wo ich z.b gold und silber münzen kaufen kann.
Verpackt siegel und bla bla bla.
>>80052827
we had all time low ye..
oh itds ausdralian bosder :D:D:D:DDDDDD spubrölsölrös ebin fuggen 5/5 bosd :D:DDDD
>>80052695
That's because of two factors though, its terrible, and i just mean god fucking awful acquisition of Merill Lynch, and historically low rates.
The bank itself isn't at any risk though. If worst case does happen and credit spreads get thrown off and the market dips, I'd go long BoA hard.
>>80052268
>Degussa
Seems like the minimal investment are a couple hundred if you don't want to get fucked by the shipping fees
>>80051106
>>how severe it is?
>Very
It will be severe for the eurozone countires, but not that bad for non eurozone countries
>>80052733
Common misconception, the reason for that statistic being true is due to bitcoin tumbling used for Law Enforcement evasion.
They literally just trade bitcoins like for like 1000's of times between each true transaction.
That does not create value, though this practice is also true for most western currencies tbqhfamiliar.
So I'm retarded on economics, somebody tell me what happened and what this causes. Preferably not "it's happening" because that triggers my /k/ go innawoods
>>80052626
>my point stands
No it doesnt at all actually. The fact that the entire ledger and it's transaction history is incorruptible by any party gives it more "faith" than any system ever devised by man. Not only is that the case, but it's use cases extend beyond the realm of value transfer and will completely revolutionize the world of information technology throughout this century.
>>80052929
they have shops in some mahor cities
you can just choose the option to pick your order up at a degussa shop and it costs no fees whatsoever
>>80052816
You ever play starcraft? Its gunna be like a single Terran marine vs a 6pool.
Better build wall.
>>80052925
Dog bless you and your finnish meme
>>80052905
It's cancer and I'll have it no other way.
HFT also needs to be taken out back and shot.
Well if the deutsche bank collapses i expect the german gdp to be lower than france gdp
>>80052939
lolno, DB falling is going to tear down other bank world wide.
>>80053057
too late for that i suppose kek
>>80051147
The eternal Anglo strikes again.
Best place to buy bit coins? Don't have the processing power to mine anything worth it
>>80052903
She's a Finnish pop star / youtube personality called Sara Forsberg
>>80053044
My waitress isn't going to see bitcoin as legitimate tender.
It doesnt matter if its *more secure*, if noone wants it, its not money. The only reason anyone takes it now is because they can turn it into dollars.
>>80050674
Seems to be continuing a slow decent.
I agree its not looking very good but nothing in here seems to be happening at this time.
nice, i have room for qt white Euro refugees
I mean it's not a happening for those who had nothing to begin with, anyway. It's a good thing government employees can't get fired in India. So no worries here.
>>80052794
>Its druggies you are talking about, i think they are willing to risk it. Also you can order from people with good reputation, its practically like ordering shit from ebay. I would be more worried about the authorities shutting it down.
True for Skagheads.
I worry that a false flag involving a bio weapon attack of thousands of deep net drug consumers would potentially destroy the markets and with them the bitcoins.
>>80053105
I wasn't in for some trading strategy.
Cointegration is in fact about long-term
equilibrium relationships. It's frequently
used in macro-analysis
>>80052731
That's it, I am now sHitlery missile
>>80053363
poo
>>80053280
I agree with you that it's largely a game in the long run, but in the short term, is buying/selling them just to make decent profits a feasible thing to do? Say making $50/100 per 'flip'? Or it just not worth bothering.
>>80053154
Did no one ever think that one bank getting so fucking large was a bad idea?
Did literally no one learn from 2008?
Somebody explain what's going on and if an anon in a relatively small town is going to be effected by all this.
>>80052941
Proof please? Anyone who follows the bitcoin ecosystem knows that its main users are chinese citizens holding it for capital flight or a hedge against the dying yuan.
The largest mining datacenters are also located in china due to it's cheaper electricity. Over the last 4 years, china has left the west in the fucking dust when it comes to bitcoin, and it makes sense why. In it's current form, bitcoin lends itself better to nations with capital controls or undevelopes financial services. The west already has decent financial services, albeit centralized ones, so bitcoin requires more infrastructure to be attractive to a wider userbase in the west.
>>80052275
Well what happens when the bitcoin saturates and you cant mine anymore?
>>80053456
Nothing changed from 2008. That's been the biggest topic in finance for the last eight years. We all knew this was coming
>>80051211
Based Europe bringing Germany to its knees once again.
>>80053169
Build your own perimeter.
Honestly though the amount of autist prepers always makes me kek.
They always have a katana (incase of reload/lack of bullets) a leather duster and a fucking fedora.
You can tell they watch WAY too much anime and think they could tackle more than 4 people.
>>80052355
>Macro funds
How2macrofund when Brexit happens?
https://www.youtube.com/watch?v=A_sY2rjxq6M
>>80053154
this is actually kind of depressing
If DB is soooo big and there's so much cross-party risk, I have a feeling that America will just heavily pressure Germany to bail it out, and possibly even itself assist. This will still be tremendously chaotic politically, but the financial can will still get kicked down the road a few more years.
>>80053551
The ppl you mean aren't preppers
they're happening fags who probably wouldn't survive two weeks in a forest
>>80051648
It could be 20x0, but the German team was smart. They knew Brazil lose their temper when they're taking goals and the next match was the final. It's was better to hold the team and keep every player with both legs. David Luiz would probably be retarded enough to kill someone. German efficiency.
This is what no one talks about the HUElocaust, the semi-final solution.
>>80053614
Not possible to bail out
>>80053477
>Will I be judged for my sins?
The answer is yes.
Please somebody help me, I have no idea whats going on all I see is a chart with a line going down and it scares me. Is it time to grab sks and go innawoods yet?
>>80053716
Why not?
I hope these (((bankers))) get lynched this time around.
>>80053587
>money Jews fucking over sodomy Jews
this is kikery squared, I can't even really wrap my head around it anymore.
>>80053154
>Santander
Shit lads I bank with them, should I be worried?
>>80053614
America's going to have to start bailing out American banks if DB goes down. Germany won't be able to hold DB up, not even the entire EU could do that.
DB failure is on an entirely different scale than 2008. It would be 10x worse, easily. The entire system will be destroyed.
>>80053379
>I worry that a false flag involving a bio weapon attack of thousands of deep net drug consumers would potentially destroy the markets and with them the bitcoins.
Or the government shutting it down because ''ISISnazis use it to fund its operation and BTC is basically the new Hitler'' or some other bullshit they make up and tell the plebs.
I won't invest in it anyway, sticking to metals.
>>80053456
>Did literally no one learn from 2008?
Sure they did, the bankers learned that they could do what ever the fuck they wanted for short term profit, pay themselves huge bonuses and then foot the bill to the tax payers.
>>80053381
I come from an intel background, so I'm pretty bias towards purely human analysis. I'm sure theres legitimate application for quant analysis. I just view it as a system with only an input and output without external factors neccesary for accurate analysis of a situation.
I guess a good analogy that it makes 2+2=4 but it cant see that 2 actually equals 1.9999, and then just compounds that in an echo chamber until the entire process implodes.
>>80053719
THE NUMBERS, LEAF! WHAT DO THEY MEAN!?
>>80053760
Because there is no one who would have enough money to do so.
>>80053731
Don't worry, you will be feed in FEMA-camp before being beheaded.
>>80053760
Cause db is so fucking huge no one can afford it
>>80053760
there doesnt exist 70 trillion cash in the whole world
>>80053760
DB's derivatives are over 20x the entire GDP. If it goes down, every other large bank will fall with it.
>>80051698
>Oh wait your full of blacks and Muslims.....
Pretty sure that's your country, bud.
>>80053444
There's better things. I've always viewed most forex as just gambling. Bitcoin is that on crack.
BERN IT DOWN
>>80053154
>tear down
You mean stir up shit worldwide for a short while then give other banks GIANT profit?
That's exactly what's going to happen.
>>80053580
Be george soros.
>>80053280
Your waitress isnt going to see bitcoin as legitimate tender because it makes no sense for her to do so. Bitcoins CURRENT infrastructure doesnt incentivize her to do so. What you aren't accounting for are the billions of human beings with no access to any form of financial services whatsoever, not even a bank account. With a $20 smartphone and a satellite connection, a poor farmer on africa can BE his own bank, get access to capital he never could have before, and increase his purchasing power by selling and paying for goods and services outside of his worthless national currency. This is where the next few decades of growth will come for bitcoin. When the infrastructure is there, the west will follow suit.
>>80053809
Shut up, achmed
>>80053860
>there doesnt exist 70 trillion cash in the whole world
if Db goes down for 70 trillion there must be 70 trillion in the world
why can't we just force the ppl DB traded with to give the money back they received from DB?
>>80053731
>Is it time to grab sks and go innawoods yet?
You can probably shit in water for a few more days.
>>80053760
Not enough money in the world to save it anon
Down .65%
Literally the exact opposite of a happening..
Nyse:CC was implicated in an environmental thing the other day and it was down by over 10%
>Germans fucking over Europe AGAIN
This is getting stale
>>80053456
Of course not they just renamed collateralized debt obligation and startet the same shit again. Enjoy being poor while the jews rub their hands.
>>80053790
>the bankers learned that they could do what ever the fuck they wanted for short term profit, pay themselves huge bonuses and then foot the bill to the tax payers.
This. Hope you guys will also make profit out of this if shits really goes down. Prime opportunity.
>>80053778
Would they really need all that trillions in capital instantly to make it stable? Perhaps it'd be taken into--I'm not sure what the word would be--receivership or conservatorship?
In other words not saved all at once by just getting all the money they'd need to instantly be in the black again, but put on life support?
>>80053938
Plenty of macro fund managers lost out on the other side too.
http://www.bloomberg.com/news/articles/2016-06-28/h2o-asset-s-macro-hedge-fund-lost-14-4-in-friday-brexit-turmoil
http://www.efinancialnews.com/story/2016-06-27/hedge-funds-limit-their-losses-amid-brexit-turmoil
>>80053986
Because they got it from banks who loaned it out, without actually having it.
>>80053986
>if Db goes down for 70 trillion there must be 70 trillion in the world
Banks have long since abandoned trading with money that actually exists. They are all just offering promises that one day they will totally pay the sums they promised.
>>80054047
then cut the loans
>>80053913
Hedge funds might make profit, banks won't.
>>80053731
Wait until they start to confiscate the bank savings, then you go.
>>80053944
But they already have that.
It's called the dollar.
It's like trying to sell people new coke.
They already have coke, and they like it.
>>80054057
if they trade imaginary money why not give them imaginary money?
>>80053986
because the way a major bank works is not at all the way your money works
banks can loan trillions of dollars to each other that doesn't really exist. sorry but this is high level finance and can't be summed up in a 4chan happening thread.
>>80054037
What's the best way to do it?
>>80054026
>Europe
*the world
We think big, Käskopp.
>>80053490
The Chinese have such social control that the expenditure on the most valuable resource - human labor, is so low they can afford to invest heavily in every fucking thing.
Just because they are on bitcoin like a fly on shit doesn't mean its the future, they are not sages, it just means that if it IS the future then the Chinese will be a market leader.
As for the tumbling aspect....
you needn't look too hard to find bitcoin tumbling services all over the net.
Bitcoin is a honey trap you said it yourself "chinese citizens" or plebs, when the rug is pulled out (economic collapse) the bitcoin goes with it.
Bitcoin doesn't hold any tangible assets whatsoever to uphold its value; its another faith based economy.
The only resource going into the bitcoin market is the black market trade, bar the couple hundred people that use bitcoins for amazon and shit, which is a honey pot in itself of drug dealers buying curved screen tv's and the like.
>>80054104
Do...do I take my money out of the bank?
>>80054126
Cause hyper Inflation
>>80054126
>wheelbarrow full of billion dollar bills.jpg
>>80054208
then give them more
it's imaginary
>>80054189
>Bitcoin doesn't hold any tangible assets
Drugs
>2 years till Brexit finalizes
This plane is crashing, with NO survivors bongs
>>80052584
They are busy re-fitting their UK HQ, although with Brexit they may have to move to EU. At this rate they wont even be able to afford the packing boxes.
We did it lads, we fucked the eternal kraut.
>>80054198
DO IT FAGET
>>80051051
Are you fucking kidding me?
>>80054126
technically this is what we had to do in 2008
quantitative easing was 'imaginary money'
>>80054047
You faggots are fucken' dumb for fuck's sake! EVERY MOTHERKEKER WANTS DA DOLLAHS, MEANING DA USA WILL GO UP, UP AND EUROPE AND EAST ASIA DOWN, DOWN. WE KANGZ NOW.
History repeats itself. Weimar Republic 2: Financial Boogaloo
>>80054126
Because only banks can use imaginary money. It's called leverage.
-1.13%
>>80054252
At that point it is also worthless and there is no difference between all banks collapsing and you giving them more money.
>>80053683
The only people prepared are the people in well protected communes and their chance of survival is faar from guaranteed.
Zombie apocalypse films are literally parodies of humans devouring each other when the food supply is stopped.
Any lone preper is fucked.
>>80050674
>-1%
>Happening.
You must be 18 to post here.
>>80054280
but if it's imaginary why does it hurt the state budget?
>>80053798
Keep a close eye on the RNC and DNC conventions. You will regret your Jew-loving ways.
>>80054041
I didn't understand that play on their part at all. Gold was such an easy call back in May, no rate hikes was clear, and brexit was looming. Regardless of brexit gold was going up, and it held you against brexit risk.
People just got stupid and greedy. I personally didn't think brexit would happen, but i took a position that would be stable either way.
>>80054314
-1.43%
>>80054334
fuck off, you must be 18 to post here cunt
>>80053766
I think you'll find we're all going to be hanging each other.
>>80054277
Well... judging by your flag mein cuck, I can assert thou arest a fucken' white male. What type of idiot fucking names his capital based on a brand of chocolates?????
>>80053790
There is only one metal worth investing in and you know it.
>>80054288
Derivatives.
Everybody burns.
>>80054288
So basically the EU is fucked and I'm gucci? I'm confused anons, I'm just a /k/omrade that wants to know when the happening happens.
>>80054361
i'm 19 even :^)
>>80054432
Shut the fuck up and pay the debznt... NO ONE ASKED FOR THOUART BOILING OPNIONZ
>>80054117
You are ignoring my point. These people have access to ZERO financial services and under the current centralized system and never will. Using bitcoin or some other cryptocurrency to access modern financial services for BILLIONS of unbanked people is something that will revolutionize the third world.
>>80054438
Europe is fucked. Buy British stuff pls Mr Yankee.
Need money fo dem teabags.
>>80053778
America made most of the direct bailout money back. What are the odds this could be the same?
I guess it doesn't matter much when everything else gets raped.
Seriously might be time to hang the bankers though.
>>80053280
the only reason anyone takes it now is because they can turn it into drugs.
>>80054338
Well how do you feel on currencies?
£/$ is still extremely uncertain but some Wall Street groups are betting on a sub $1.20 pound.
>>80054153
If you know absolutely nothing about investing, just wait for the massive crash and buy the most secure stuff you find. Blue chips, index funds. You'll reap mad profits in due time.
>>80051944
Can I buy some when it crashes? can I buy european stocks on etrade?
>>80054524
Its going to be fucking glorious.
Farage for PM, Gove for Deputy.
>>80054198
Let just 2 or 3 months of salary. TH rest you keep at home or buy something, guns, gold, silver, food etc. NO DIAMONDS.
To have an idea how bad things are, the banking savings are losing R$40 billion to R$50 billion every month here. The total is R$680 billion.
>>80054438
Freikorps time
>>80054568
£/€ is quite good though
>>80054543
Best use for it. That an vpn/proxy/seedbox that cant be traced back.
>>80054438
No get your guns in shape
Next weeks will tell if it happens the mother of capitalism will be Hit the hardest
>>80054572
They don't come here, though, which was the point.
>>80052480
6 gorillion hours in MS paint
>>80054524
Britbongs have some shotties, you'll be fine. I'm worried for the krautz, noguns and tons of peaceful rapists.
>2016
>Having ANY money in the bank
HHAHAHAHAHAHAHA
Keep it at home you retards.
>>80054438
Good Yankee-doodle-lee-doo, don't forget to put tarrifs on der poo-in-der-loos and the chinesey gookie gooks.
>>80054574
Then DB crashes the smartest thing you can probably buy is firewood and sacks of rice. Its going to be cataclysmic, 5X the size of Lehmans.
>>80054533
>We made the money back
technically we did, but the last eight years destroyed a generation... we didn't really make a profit, we just eventually climbed *almost* back to where we were before
>>80054438
Remember when your Murrican housing crisis fucked over the entire world economy?
IF Deutsche WERE to die, it would affect the entire world again.
Im pretty certain the the EU wont let it happen though, they cant have a major crisis so close after Brexit. Theyll break the rules again and delay the happening (and it will be even worse, then, but who cares right)
>>80054640
why next week?
>>80054574
Nothing will survive this holocaust.
Unless Britain is sacrificed to save DB, like we were in 2009.
But good luck trying to cuck the Brits.
>>80054503
I get what your saying.
But micro-banks already exist, and they're spreading to these areas. When that dirt poor farmer finally gets his phone and access to banking. Why would he choose a currency that is historically volatile over a well known and trusted currency that's accepted worldwide?
What im saying is, who cares about new coke?
>>80054649
Keeping money at home isn't going to be much worth when it's all collapsing anyway.
You should be keeping gold/silver at home instead.
So is this 2008: it's not just housing, it's everything -- electric boogaloo 2.0?
>>80054264
It doesnt "hold" the drugs as assets though drug merchants simply trade drugs using shitcoins.
If bitcoin has no gold backing it, it has no intrinsic value.
>-0.65%
>happening
What do you boys think the chances are of it happening around October/November before/after the election?
I can imagine if Trump was to somehow win they'd definitely crash it for sure, it feels too early right now
>>80054603
>buy guns & food
Way ahead of you m8.
>>80054709
The EU needs to print 70 trillion Euros, can they even afford the ink?
What will be the signs that they have shit their pants? Govt bond yields?
>>80054611
Well £ to Euro may go to 1:1 which would be crazy but even more uncertain that £ to $ although both are.
I'm interested on the potential impact of a housing crash of UK property and the impact that would have.
>>80054714
He says weeks and its probably because there is not much more room to fall.
That are like 1/3 from a year ago and momentum down.
>>80054714
Weeks... Plural
Bailout of italian banks
And maybe panic sellers once db hits <10
>>80054622
yeah.
>buy bitcoin for drugs
>first set gets love-lettered
>second set gets through, it's ok
>third set gets through, find out I'm already bored with them
>end up just throwing them in the trash
Turns out the only thing that was ever even slightly worthwhile was mescaline, which actually wasn't worthwhile because of the godawful cactus ptsd.
I feel for the memes, and I ended up with a lot of disappointment.
>>80054732
Yes thank christ we still have the pound. Once again it falls to Britain as the last hold-out in Europe.
Spain and Portugal must surely collapse soon.
>>80054640
>get your guns in shape
Anon, I don't think you know your gun lingo.
>>80054568
I don't actually know to be honest. If you put a gun to my head, i'd agree on sub 1.20. But its not something i would be willing to offer a reccomendation on. Especially since i don't trade forex.
>>80054672
This yes but thats the everything else burning. We gave money to banks and got it back so they still live now. What are the odds Europe will give money to this bank to keep it alive.
But ya everything is going to burn a bit.
>>80054751
not today, not tomorrow, but probably in the next few months.
this will be a housing bubble, tech bubble, student loans and europe bubble all rolled into one gigantic *pop*
>>80054846
why has it to happen during my vacation fugg
>>80054709
Lehman even back then were less of a problem than DB.
Remember what did you do to get out of this one then? We sure as hell won't forget.
Today DB, which in 2008 was worse than Lehman, is even worse now.
Gonna blame Brexit on this one. Not gonna work this time though.
>>80054751
Yes.
Tens of times worse than 2008 when it does go
Realistically, how much % needed for a real happening?
>>80054655
did your gf dump you for a less beta cuckold or something?
>>80054015
It's down 50% from a year ago
>>80054750
Goldfags after the happening:
Scenario 1:
>you got some food m8?
>what will you pay me?
>I got this gold bar, can you cut it?
>lol no
>....
Scenario 2:
>Im so smart for putting thousands of Euros into Gold, all these idiots didnt think ahead
>gets mugged/killed by a 20€ weapon
>>80054189
Tumbling is indeed a thing, but my point was that its not part of the daily volume of chinese exchanges.
Im not saying bitcoin has a future because of chinese. I simply said that is what is fueling its growth at the moment. While I find it unlikely to see a systemic "rug pulled" scenario as you described, even such a scenario wouldn't spell the death of bitcoin. Even without chinese speculation, it has it's use cases. And as the technology grows, it's use cases grow. Look to the billions of unbanked people of the world for the next stage of growth.
>>80054642
And what will stop them hoping the borders to Finland in search of food vodka and mongoloid women?
The white death died.
>>80054930
as soon as it gets low enough for big margin calls to kick in
maybe 10 maybe single digits dunno
>>80054930
7% daily drop in DB will cause pants to be shit all over the world
>>80054803
Interest rates in UK will stay at zero, house prices will recover from any crash so unless you were planning on selling your house to buy a cheaper one and using the equity for food or something I wouldnt worry.
Where wealth is destroyed is when houses crash and interest rates soar and that isnt going to happen thanks to steady-as-she-goes QE rather than Euro/EU crazy huge QE just to fund existing debts...when those countries should have just defaulted.
>>80054658
Smartest money would be on cyanide pills.
There is a good reason why so many wall street bankers started jumping off roofs last year, this was predictable for a while.
>>80054930
7% or there abouts
>>80054658
>>80054732
People have been saying that forever...and I've lost out on every opportunity when ford, american airlines, etc crashed. dont hold out on me.
Today is thursday. Thursday is a very important day. Things happen in thursday. Brexit for example. Or those https://en.wikipedia.org/wiki/Black_Thursday or https://en.wikipedia.org/wiki/Bloody_Thursday If something gonna happen, it will happen in thursday.
>>80054969
I just looked its like 1/3 of a year ago.
>>80054189
Also, your point about bitcoin collapsing with the financial system doesnt entirely make sense. Bitcoin speculation is driven as a hedge against a failing financial system. Its collapse would only see growth. It is turning into a safe haven asset alongside precious metals.
>>80054974
silver dude silver
and also coins not bars
if you can afford to invest in silver/gold coins you can surely afford to invest in pic related (the maximum you can get in germany without registration) and be protected
>>80054868
just get your britbucks out of the bank.
The pound will retain its value but your pounds will not.
>>80054930
Percentage doesn't matter.
Credit spreads do. Bond Rates do. VIX does.
Its bad when the CDO you have for 10 million suddenly becomes worth 60 cents on the dollar.
http://www.bbc.com/news/business-36723034
Deutsche Bank shares hit a new record low today. Its value has halved since the beginning of the year.
So is it now the most dangerous bank in the world?
According to the International Monetary Fund - yes.
Last week, the IMF said that, of the banks big enough to bring the financial system crashing down, Deutsche Bank was the riskiest. Not only that, Deutsche Bank's US unit was one of only two of 33 big banks to fail tests of financial strength set by the US central bank earlier this year.
>media prep has officially begun
>>80055138
Already went into gold m8 2 weeks before brexit when it became clear to me we were leaving.
I am 20% up.
>>80055138
Your pounds will not be redeemable if they're trapped in the clutches of Barclays/santander etc.
>>80053232
Cheers
Forsberg is a swedish last name though, no?
>>80055217
Spain's Santander is also about to blow up, it too failed the stability test.
DB, Santander, and this Italian bank, triple threat.
>>80055293
i had done the same but media and my profs shilled me into believing remain would win fugg
>>80055375
>>80055375
New bread
>>80054974
>Those of us skilled in the Japanese art of economics will be best equipped to survive the apocalypse. Gold and bitcoin will make the most intelligent of us kings in the new world
>>80055293
Gold is worthless without Iron cold Iron the master of them all.
>>80055364
Polling has been so unreliable, it looked close in polls but having spoken to a phone poll taker a few days before, and had an off the record conversation with him about the responses he was seeing... it became clear to me there were a lot of "shy brexiters" (the poll guy knew he was being lied to because people equate brexit with being racist).
>>80054969
So?
All banks are getting hammered.
Not saying that's a positive indicator for the market, but this is hardly news for those who have been paying attention. And furthermore, in the year or so that I've been watching this declining trend, I see no evidence that today will be the day they pop.
>>80055626
DB results are out end of this month. Italian bank stress (indicated by the banning of shorting) means they are on the brink. As DB shared fall below $10 they will have to make some margin calls or offer other security which they dont have.
The endgame is approaching.
>>80050674
Nice fake, OP !
GERMONEY ist not dead yet. Do not listen to Murikanische Propaganda.
>>80055057
>There is a good reason why so many wall street bankers started jumping off roofs last year, this was predictable for a while.
There was a lot of whistle blowers that had coincidental accidents.
>>80055787
So it's not happening yet then.
Being early is just as bad as being wrong.
>>80055913
Put it this way:
There is a coffin
DB is in it
The lid is down on it
The nails are going in to it, 1st Italian banks near collapse, then DB and Santander fail stress test, then DB share price loses 95% of its previous pre-2008 value.
Britain Brexits, chilling entire EU economy.
How many more nails before the lid cannot be pulled off?
>>80055036
>Where wealth is destroyed is when houses crash and interest rates soar
No, wealth isn't destroyed, its transferred.
>>80056092
But either way, it's not happening *yet*
So why is this a happening thread?
>>80055492
Thats a metaphor for christ dumbass.
This isn't real, is it?
Surely there's a backup plan and shit to do, since we've known it's likely?
I know it's HAPPENING, but it won't actually HAPPEN to the end?
>>80055605
Tell me that grasshopper is brass surely?
>>80055873
So you're saying they was pushed?
>>80056849
Nothing will happen. Welcome to 4chan, where nothing never happens.
GERMONEY will save EU again and again and again and again. Do not worry, I still have all my $ in the Deutsche Bank, and there's no problem.
>>80056834
What how?
Its a metaphor for application of force and that its the willingness to do so makes a master of men.
>>80057219
>Value down 70% in 1 year
>>80057336
Nein ! Wir schaffen das auch !
>>80051566
>so let's imagine shit really goes mad max bad...
>what's your plan?
12 gauge slugs for med. close
.30-06 for long
45 acp for close up.
>>80057219
Germany has never saved Europe so I don't know how you can claim to save it "again" or at all for that matter, history has proven that you guys do the exact opposite.
>>80052476
Ask bank to exchange it to another currency, something that isn't going up or down in price, then you're good
