Originally posted by scooterscot
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stock market crash
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HSBC -56%
Earlier in the thread I said HSBC was at risk of collapse this year. So far share price has collapsed 56%.
Price action is now trading at the same levels at Lehman Brothers right before their collapse.
Do you remember what I said would happen to paper gold / spot gold if HSBC goes under?
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Why has Lloyds dropped 52% in the same period then?Originally posted by scooterscot View PostEarlier in the thread I said HSBC was at risk of collapse this year. So far share price has collapsed 56%.
Price action is now trading at the same levels at Lehman Brothers right before their collapse.
Do you remember what I said would happen to paper gold / spot gold if HSBC goes under?
HSBC is in a bad way though, as I posted at the time.Comment
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I don't remember, haven't read it. If you can remove the emotion and post some reasoned thoughts it might be worth thinking about. If you can bring this thread back with some insight, analysis, thoughts, intelligent reasoning then this sorry mess might be worth something to someone.Originally posted by scooterscot View PostEarlier in the thread I said HSBC was at risk of collapse this year. So far share price has collapsed 56%.
Price action is now trading at the same levels at Lehman Brothers right before their collapse.
Do you remember what I said would happen to paper gold / spot gold if HSBC goes under?
First Law of Contracting: Only the strong surviveComment
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Don't forget facts and reality. The rest of it is no good without a starting point.Originally posted by _V_ View PostI don't remember, haven't read it. If you can remove the emotion and post some reasoned thoughts it might be worth thinking about. If you can bring this thread back with some insight, analysis, thoughts, intelligent reasoning then this sorry mess might be worth something to someone.Comment
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Use the search box. I've been very clear on my expectations.Originally posted by _V_ View PostI don't remember, haven't read it. If you can remove the emotion and post some reasoned thoughts it might be worth thinking about. If you can bring this thread back with some insight, analysis, thoughts, intelligent reasoning then this sorry mess might be worth something to someone.
Took me seconds to find....
https://www.contractoruk.com/forums/...ml#post2754424Last edited by scooterscot; 21 September 2020, 11:14."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Please set out your market expectations in that case and what time frameOriginally posted by scooterscot View PostUse the search box. I've been very clear on my expectations.Comment
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https://www.contractoruk.com/forums/...ml#post2754424
I don't do times, and I always fall into the trap when pushed. I do trends; trends are reliable or should I say probable.
Alles gut."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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This is criticism about gold etfs not being physically settled. This is not making predictions on market prices and index benchmark numbersOriginally posted by scooterscot View Posthttps://www.contractoruk.com/forums/...ml#post2754424
I don't do times, and I always fall into the trap when pushed. I do trends; trends are reliable or should I say probable.
Alles gut.Comment
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You ought to if you're going to play with derivatives (options) which have an expiry date.Originally posted by scooterscot View PostI don't do times...
Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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