The 2020 Stock Market Crash Thread

Deepdiver

Crow
Gold Member
One of the best Sleep Well at night long term strategies is the Dow/Gold Trading Strategy - TLDR Buy Gold and Sell the Dow when Dow/Gold over 15 and sell Gold and Buy Dow when under 5.

On Dow/Gold Graph 1915 to Now - Dow/Gold Ratio End of Nov 2020 Ratio is 16.65 meaning a good time to sell Dow and hold Gold ...

The 5:03 PM PST gold price for December 03, 2020:
Gold $1840.66/oz
down.gif
-0.86, Dow = 29,991 divided by 1840 = 16.29 Dow/Gold Ratio:


1607043885430.png
 

Coja Petrus Uscan

Hummingbird
Gold Member
I have noticed that there seems to be a huge uptick in entry-level retail stock trading platform adverts, like Etoro and RobinTheHood.

Previously the interfaces were a bit to technical and the fees too high. I don't know how it exactly is in The US, but I had to pay $200 / year to The IRS to be able to trade. I also can't remember the trading prices, but seem to remember UK stocks or shares has a £8 execution order + whatever fee. For the average Joe that might have a few hundred notes to punt, that could be a considerable single-digit percent fee. $1,000 is your entry for stocks and even more for bonds. Many bonds can only be bought in $100,000 batches, some $10,000.

So such platforms have brought low-information people to the gambler.

Does anyone have any insights into this? Who is behind this?

It all seems very convenient, since central banks have gone into a mode in which they are doing everything they can to hold the economy up for maybe another decade, before it crashes and they execute the next phase of The Great Reset.
 
Does anyone have any insights into this? Who is behind this?

In the US, it's zero commission trades and zero IRS fees outside whatever your taxes are. That's for junk platforms like Robinhood, which take about $.01 skim off your entries, both in and out. I can't speak to their options trades for skimming but it's crazy to me that people use that crappy platform for any serious trades.

Having dealt with some of their ranks, they seem to be staffed by idiots who don't fully understand trading or technology. I always assumed they were a bit of a ploy to get more liquidity into the markets, along with apps like Acorn.
 

Gimlet

Kingfisher
I am just some guy posting on the internet so take this with a lot of salt...

I bought shares of a junior silver miner on the recommendation of someone involved in the industry. Oroco Resources ticker symbol ORRCF. I paid .19 per share. This is the first penny stock I have ever bought in my life. Due with this information as you wish.

CP

This stock is now at $2.93. So thank you.
 
Top