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The Swamp

  • #58,941
  • Apr 5, 2020 6:48pm Apr 5, 2020 6:48pm
https://www.gatesfoundation.org/who-...tion-factsheet

Gates Foundation has been giving back for many years. Especially active in eradicating infectious diseases in poor countries - malaria, HIV, etc. There's no NGO that has done more than them in this field.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,942
  • Apr 5, 2020 6:56pm Apr 5, 2020 6:56pm
Since there is massive spending there is going to be a greater GDP when this is over. I think the DOW is going to soar higher than ever imagined..
  • #58,943
  • Apr 5, 2020 7:13pm Apr 5, 2020 7:13pm
Quoting q_import
Since there is massive spending there is going to be a greater GDP when this is over. I think the DOW is going to soar higher than ever imagined..
they still need customers.. unemployed people buy less. unemployment rate is pointing to 15%.
those who can, do. those who cant, talk about those who can
  • #58,944
  • Apr 5, 2020 7:28pm Apr 5, 2020 7:28pm
Quoting gatorinla
{quote} they still need customers.. unemployed people buy less. unemployment rate is pointing to 15%.
If Europe falls first then there will be no recovery and the DOW will drop more then.. The devaluation of the USD is to follow..If Europe comes back into the fold then the DOW will soar.. EUR is important.. GNP in the US is massive and people will work again its not like they not going to ever leave the house again..
  • #58,945
  • Apr 5, 2020 7:31pm Apr 5, 2020 7:31pm
Quoting gatorinla
{quote} they still need customers.. unemployed people buy less. unemployment rate is pointing to 15%.
In Florida Alone its 10 million unemployed... I live here.. the other 49 guess.. 15% is to low..
  • #58,946
  • Apr 5, 2020 7:36pm Apr 5, 2020 7:36pm
Quoting gatorinla
{quote} they still need customers.. unemployed people buy less. unemployment rate is pointing to 15%.
If that USD falls we will look inward and know that we have no almost 0 Manufacturing.. and world will not need the US.. Because all of the need can be derived from the EAST.. and the WEST can provide none.
  • #58,947
  • Apr 5, 2020 7:50pm Apr 5, 2020 7:50pm
Quoting gatorinla
{quote} seeing it like this for now.. some R 083x (subject to change.) {image} {image}
still 0827.6/3x
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those who can, do. those who cant, talk about those who can
  • #58,948
  • Apr 5, 2020 7:51pm Apr 5, 2020 7:51pm
Quoting q_import
{quote} If that USD falls we will look inward and know that we have no almost 0 Manufacturing.. and world will not need the US.. Because all of the need can be derived from the EAST.. and the WEST can provide none.
hmmm, you should consider July 2008 and aftermath. Don't count the eggs in the nest, till the chickens are shiting on the porch.
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those who can, do. those who cant, talk about those who can
  • #58,949
  • Apr 5, 2020 7:59pm Apr 5, 2020 7:59pm
Quoting gatorinla
{quote} hmmm, you should consider July 2008 and aftermath. Don't counts the eggs in the nest, till the chickens are shiting on the porch.
I am just going by what I was taught a long time ago.. I am waiting for DOW 75,000.. But real life is stranger than fiction..
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  • #58,950
  • Apr 5, 2020 8:18pm Apr 5, 2020 8:18pm
Quoting q_import
{quote} I am just going by what I was taught a long time ago.. I am waiting for DOW 75,000.. But real life is stranger than fiction..
The Pro EU used to say, "if Greece left it would weaken the ECB/EU". Greece is still there, and w/o tourism. Greece will be as broke as ever. The eu has about 10% of GDP dependent on tourism. With all this, unemployed people are not buying BWW/Volkswagen etc. That kicks Germany in the balls. Not to mention Italy, Spain and France tourism. Or French car companies.. Airbus, car making, tourism, etc isn't coming back magically, for years. How long b4 some countries (default) need bailouts?

Now let's add Great Britain has flew the coop. Great Britain has a much larger economy than Greece. Those Pro EU cheerleaders have lost their voice. Just saying, the oil drop dont help GB either.

Guess who else buys from the EZ and China. If your number one customer is buying less (U.S.). You sell less. Bad times in the U.S. insures "bad times" worldwide.

Even if corona would magically disappear, the effects will last for years or decades. We are not magically going back to the way it was in February. Get used to it. Savings have been burned. Wealth has been transferred to others. Money is never lost, it just changes owners. The people at the lower economic circles lost wealth. Maybe not evident today. Give it a year. Post mark this post.
those who can, do. those who cant, talk about those who can
  • #58,951
  • Apr 5, 2020 8:31pm Apr 5, 2020 8:31pm
Quoting gatorinla
{quote} The Pro EU used to say, "if Greece left it would weaken the ECB/EU". Greece is still there, and w/o tourism. Greece will be as broke as ever. The eu has about 10% of GDP dependent on tourism. With all this, unemployed people are not buying BWW/Volkswagen etc. That kicks Germany in the balls. Not to mention Italy, Spain and France tourism. Or French car companies.. Airbus, car making, tourism, etc isn't coming back magically, for years. How long b4 some countries (default) need bailouts? Now let's add Great Britain has flew the coop. Great...
I understand everything you said.. There is an even bigger pictures that scales back to the 1970.. You are right.. The only variable that wasnt around that is now are the subsidies it now is at a level that cannot be functional for any gov. the only way to close the gap and reset would be raise gold prices.. Even though we are on petro dollars..

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  • #58,952
  • Apr 5, 2020 9:44pm Apr 5, 2020 9:44pm
Quoting gatorinla
Even if corona would magically disappear, the effects will last for years or decades. We are not magically going back to the way it was in February. Get used to it. Savings have been burned. Wealth has been transferred to others. Money is never lost, it just changes owners. The people at the lower economic circles lost wealth. Maybe not evident today. Give it a year. Post mark this post.
some things are going to change, not possible yet to see how. My hope is that experience will teach us that we have real problems in our health care system and we need to get out of the regressive model that we've been stuck in and engineer universal health care. Income inequality, energy independence, lots of other implications....

Stocks, though - they will be jetting north as soon as there are signs that normalcy is coming back, the virus is becoming manageable, etc. The stock market is not the economy. We might see a retest of the recent low in the next 2-3 weeks, but by June, the S&P will be trading >3,000. Mark this post.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #58,953
  • Apr 5, 2020 10:15pm Apr 5, 2020 10:15pm
." Money is never lost, it just changes owners" perfect summary
If you are new to Forex? Say Goodbye to your account!!
  • #58,954
  • Apr 5, 2020 10:17pm Apr 5, 2020 10:17pm
swissy 99000 is target???
If you are new to Forex? Say Goodbye to your account!!
  • #58,955
  • Edited 10:36am Apr 6, 2020 12:49am | Edited 10:36am
Pending SHORT
cancelled
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A good trader follows his rules, but great trader knows when to break them
  • #58,956
  • Apr 6, 2020 12:55am Apr 6, 2020 12:55am
EU can act all it wants but I see a retest of that 065x area whenever that will be.
  • #58,957
  • Apr 6, 2020 12:56am Apr 6, 2020 12:56am
Tomorrow is Super Tuesday.. When Banks around the world post there positions.. Get ready for some fun..
  • #58,958
  • Apr 6, 2020 12:58am Apr 6, 2020 12:58am
Quoting Mitiblotch
EU can act all it wants but I see a retest of that 065x area whenever that will be.
I see 074x lowest to 09x possibly higher gl
  • #58,959
  • Apr 6, 2020 1:40am Apr 6, 2020 1:40am
Quoting DMA Trader
Italy and Spain going down {image}
this was the rally about close SPX looking for any dips to add back. almost 100 handles.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #58,960
  • Apr 6, 2020 1:45am Apr 6, 2020 1:45am
Quoting DMA Trader
this was the rally about close SPX looking for any dips to add back. almost 100 handles.
spoos is running out of time to retest the Mar23 low
"If The Fool persists in his Folly he will become wise." - William Blake
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