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Will be alot higher in 2 months latest. Hold nerve. Just bought a Ford Shelby GT 500 SVT and Ford Expedition El U354 Off to battersea's dogs home now .looking for a nice German shepherd. I am legend ??
Have heard from a senior person in a government credit agency that the market is less worrying to them at the moment. Their view is that so much money is now flowing through them from equities to guilts. Their appetite for the lending is not changed - in fact it puts more emphasis on their portion over the banks. Robust projects should not need to worry.
ARGGGHHHHHH, I am going to self isolate with a bottle of Glenmorangie for the next 24 hours, maybe that will be enough time to allow this chat room to recover from talk on Corona Virus. We all know what's happening. We all have different ideas on what will happen, really no point discussing this . Just do the best you can to look after yourself, Family, friends and of course, wider society.
Doi you realise how irrational you sound? The only thing stopping people going about there normal day to day business is fear generated by media, governments etc etc. I assume you must be in a bunker waiting for it to all blow over. Each crash was/is unique but the outcome is always the same ie the bounce and we resume normal play
Of course this is very different to 2008 crash. You can throw all the cash at it that you want but if shops are sut, people are off work and so on, it's not a working economy is it. There was never any issues with the economy in 2008 in terms of day to day stuff. It just needed cash thrown at it to plug the hole caused by gambling banks. The rest just took place as normal.
But life cannot go on as normal at the moment. People can't fly as they used to. Hospitals will be collapsing which then means other care will fall too so add more deaths to that and so on.
It's a spiral of uncertainty and it's not something that money can solve. But you can keep the banks afloat and that's what they are doing now. They are not stimulating peoples pockets for fun. They are trying to make sure they can pay their mortagages because if they have no job and no money then they can't do that. Banks then have defaults coming in the thousands.
If you think the central banks can save the day... they can't. They could in 2008 as it was their mess to sort out. We need a vaccine and one fast.
Colonel, no one knows how corona will play out but we could well be looking at this in a few months as a over hyped crisis and numbers that back that up. It will be impossible to tell until then. No one knows this not even you in all your wisdom but the flip side of your doom mongering is that everything turns out alright. And yes people will lose loved ones maybe even some of us but the reality is this could still happen by a 100 different causes and all equally likely and as painful. Some trying to make money on misery its really not cool
He doesn't. The only people being tested are those already sick enough to be in hospital. The gonernment don't know how many people are infected so it's likely the NHS will be completely overwhelmed before long. Coupled with historical underfunding, alienation of European and commonwealth staff and European health cooperation please explain just which bit they have right.
I'll take that as a compliment from you as I don't think you really know very much at all looking at your posts they seem to be responses to other posters that are just personal and childish. About time you stepped up to the plate and started adding something useful to the bb as otherwise you are just a waste of space.
I will reserve judgement on the latter as there's time for you to redeem yourself and start acting like a grown adult. Attack the post by all means but attack the man and you just become the kind of filth that bully's their way through social media and the internet.
Stop being personal and stick to the posted information. If you disagree with it. Then just say so. No need to be ashamed, many fall into the trap of getting abusive when they feel they have lost control.
I'm a fairly staunch fan of Boris and Cummings etc, but I find their critics more convincing on the topic of their corona plan. As for Solg getting funding anytime soon, I'm guessing that would depend on stability or even growth in the gold price. It's not a bad asset to be involved with in such dramatic times, (although don't look at the shareprice as I say that!) Presumably they're going to try and resuscitate the world economy with lots of free money, which should flood into gold, or so the story goes.
With their upcoming news I would like to see them give it a little razzle dazzle by highlighting that at today's prices & according to their old pea, Solg would be producing half a million? ounces a year at minus $50 per oz (or whatever the numbers are using copper as a byproduct credit.) And highlighting that the upcoming pre-feas is expected to produce better numbers again because of abc. Basically portray a gold focus to the market, and highlight their lowest quartile numbers. Anyhow, the stock is sucking, I'm sure you've all noticed.
My belief is we will follow previous routes of mass funding by the government and a new market will be made. The herd will follow and there will be a large prolonged market with certain sectors doing particularly well. Is this really any different to any other crash regardless of where the ftse/solg share price ends. Banks, governments and the public will want to make money and the cycle will start again???