People observe how can the market be going up? Corporate earning are not great and the various measurements you use to "value stocks" are not good at all.
Insider selling for these top companies is massively on the sell side. This means that the directors and people that are paid well to run the company are dumping their stocks as they say "everything is great".
We already talked about there is no more "monetary policy fairy" available. The numbers cannot be hidden : car sales are atrocious, spending at restaurants is at lows not seen for years, real estate signs are popping up all over major metro cities, and the job numbers today were good -- but you know who was the 2nd largest category or hiring -- the Government!
So what keeps the market up ? Simple answer -- the Government. They do this across the globe and I am convinced the Market and Us Dollar are now matters of "National Security".
- they know the demographics
- they know the economy
- they know the housing market and true job market
- they know that people are up to their eyes in debt
- they know a high % of citizens have less than $1000 in savings
- they know the economy is run by consumer spending which is 70% -- so how does this move.
They are doing ...and when I say they...I mean the media ...the BS Politicians and the crooked Banks are "all in on this game". Imagine you are them and balancing 10,000 plates and ONE could take them all down. Sooner or later they will do it --- demographics and reality are like the "water dripping".
They will soon command the printing presses to run like Venezuela and you know what will happen to cryptos and precious metals.
I don't want chaos...I don't want global calamity. I want to see leadership address the above like adults.
The States didn't do it and I am know the Congress / Senate will never touch this issue -- they will only react to the problem.
Nobody is accountable....that's the problem with this is all. The media many decades ago were "no longer" tasked to question and connect the dots for the people. They have joined the problem.
So this is why you need to be "your own bank"....it's just a matter of time.
News flash, governments run economies. Breaking news, get it here while it's fresh!
Probably a good time to bring up how the dollar is a fiat currency also.
At the end of the day money doesn't have any more value than we give it. The day we stop valuing money and exchanging years of our limited life on it will be the day that it tanks. Till then, people will continue to be slaves and continue to power our wonderful markets.
Not to mention we have access to the same numbers they do, if you know everything in that list of things then it's not necessarily a government run secret. It's information people aren't willing to source themselves. There's a sheer lack of interest from people outside of investors in those numbers, your common high school football coach doesn't care if car sales are atrocious. People only care about what works for them and their families, as long as their ok, "everyone" is "ok." It's how life goes, it's not pretty but it's where we were born.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello galactictoast.
I write a Steemit service project. You can participate in a beta test if you reply to this message with a either "@username" or "?username". Replace "username" with any one steemer username and add nothing else to the reply. And @ and ? do something different. Only ever second username will work at the moment, though, you you may try two names.
Thanks!
PS if you like it, give me feedback on what to improve.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@qed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Okay galactictoast,
Sorry but I don't have qed in my database. You may try another name. Thanks in any case.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@galactictoast
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Okay galactictoast,
61.41%
of steemers have lower reputation than galactictoast.
The account was created on
2017-07-03T22:50:57
And also try the other request.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
?galactictoast
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Okay galactictoast,
","name":"GalacticToast","about":"Psychology, sociology, philosophy, and economics. The weirdest yet best combination of fields known to man. Tackling mood disorders, money, and "Why".","location":"Houston Texas"}}
","name":"GalacticToast","about":"Psychology, sociology, philosophy, and economics. The weirdest yet best combination of fields known to man. Tackling mood disorders, money, and \"Why\".","location":"Houston Texas"}}', 'proxy': '', 'last_owner_update': '1970-01-01T00:00:00', 'last_account_update': '2017-07-03T23:13:48', 'created': '2017-07-03T22:50:57', 'mined': False, 'owner_challenged': False, 'active_challenged': False, 'last_owner_proved': '1970-01-01T00:00:00', 'last_active_proved': '1970-01-01T00:00:00', 'recovery_account': 'steem', 'last_account_recovery': '1970-01-01T00:00:00', 'reset_account': 'null', 'comment_count': 0, 'lifetime_vote_count': 0, 'post_count': 34, 'can_vote': True, 'voting_power': 5050, 'last_vote_time': '2017-07-07T23:33:48', 'balance': '0.000 STEEM', 'savings_balance': '0.000 STEEM', 'sbd_balance': '0.000 SBD', 'sbd_seconds': '0', 'sbd_seconds_last_update': '1970-01-01T00:00:00', 'sbd_last_interest_payment': '1970-01-01T00:00:00', 'savings_sbd_balance': '0.000 SBD', 'savings_sbd_seconds': '0', 'savings_sbd_seconds_last_update': '1970-01-01T00:00:00', 'savings_sbd_last_interest_payment': '1970-01-01T00:00:00', 'savings_withdraw_requests': 0, 'reward_sbd_balance': '0.000 SBD', 'reward_steem_balance': '0.000 STEEM', 'reward_vesting_balance': '0.000000 VESTS', 'reward_vesting_steem': '0.000 STEEM', 'vesting_shares': '1034.258504 VESTS', 'delegated_vesting_shares': '0.000000 VESTS', 'received_vesting_shares': '57000.000000 VESTS', 'vesting_withdraw_rate': '0.000000 VESTS', 'next_vesting_withdrawal': '1969-12-31T23:59:59', 'withdrawn': 0, 'to_withdraw': 0, 'withdraw_routes': 0, 'curation_rewards': 0, 'posting_rewards': 0, 'proxied_vsf_votes': [0, 0, 0, 0], 'witnesses_voted_for': 0, 'average_bandwidth': '35388093348', 'lifetime_bandwidth': '42859000000', 'last_bandwidth_update': '2017-07-07T23:39:03', 'average_market_bandwidth': 0, 'lifetime_market_bandwidth': 0, 'last_market_bandwidth_update': '1970-01-01T00:00:00', 'last_post': '2017-07-07T23:39:03', 'last_root_post': '2017-07-04T00:41:51', 'vesting_balance': '0.000 STEEM', 'reputation': '7963546786', 'transfer_history': [], 'market_history': [], 'post_history': [], 'vote_history': [], 'other_history': [], 'witness_votes': [], 'tags_usage': [], 'guest_bloggers': []}
galactictoast:
id: 241919
name: galactictoast
owner: {'weight_threshold': 1, 'account_auths': [], 'key_auths': [['STM6iG8zkXgfpWgCXUEaS7D89CvFmHkHkJjVqzd419AiDikA3swtq', 1]]}
active: {'weight_threshold': 1, 'account_auths': [], 'key_auths': [['STM53dnXUB7MsysBS2F5NsbygjGL5A3VbgaLG51AmqTeBrPfJtrYM', 1]]}
posting: {'weight_threshold': 1, 'account_auths': [], 'key_auths': [['STM7Mdo5U34aRCrPCHPGS6QFWPvsHYrka13o4Y3PRxmpuL88Q7AfV', 1]]}
memo_key: STM4tZ5GPjb8ZoK8rptPY1q6BBLQumNG9sBpsBrrNYCE3tpvn1HwQ
json_metadata: {"profile":{"profile_image":"
proxy:
last_owner_update: 1970-01-01T00:00:00
last_account_update: 2017-07-03T23:13:48
created: 2017-07-03T22:50:57
mined: False
owner_challenged: False
active_challenged: False
last_owner_proved: 1970-01-01T00:00:00
last_active_proved: 1970-01-01T00:00:00
recovery_account: steem
last_account_recovery: 1970-01-01T00:00:00
reset_account: null
comment_count: 0
lifetime_vote_count: 0
post_count: 34
can_vote: True
voting_power: 5050
last_vote_time: 2017-07-07T23:33:48
balance: 0.000 STEEM
savings_balance: 0.000 STEEM
sbd_balance: 0.000 SBD
sbd_seconds: 0
sbd_seconds_last_update: 1970-01-01T00:00:00
sbd_last_interest_payment: 1970-01-01T00:00:00
savings_sbd_balance: 0.000 SBD
savings_sbd_seconds: 0
savings_sbd_seconds_last_update: 1970-01-01T00:00:00
savings_sbd_last_interest_payment: 1970-01-01T00:00:00
savings_withdraw_requests: 0
reward_sbd_balance: 0.000 SBD
reward_steem_balance: 0.000 STEEM
reward_vesting_balance: 0.000000 VESTS
reward_vesting_steem: 0.000 STEEM
vesting_shares: 1034.258504 VESTS
delegated_vesting_shares: 0.000000 VESTS
received_vesting_shares: 57000.000000 VESTS
vesting_withdraw_rate: 0.000000 VESTS
next_vesting_withdrawal: 1969-12-31T23:59:59
withdrawn: 0
to_withdraw: 0
withdraw_routes: 0
curation_rewards: 0
posting_rewards: 0
proxied_vsf_votes: [0, 0, 0, 0]
witnesses_voted_for: 0
average_bandwidth: 35388093348
lifetime_bandwidth: 42859000000
last_bandwidth_update: 2017-07-07T23:39:03
average_market_bandwidth: 0
lifetime_market_bandwidth: 0
last_market_bandwidth_update: 1970-01-01T00:00:00
last_post: 2017-07-07T23:39:03
last_root_post: 2017-07-04T00:41:51
vesting_balance: 0.000 STEEM
reputation: 7963546786
transfer_history: []
market_history: []
post_history: []
vote_history: []
other_history: []
witness_votes: []
tags_usage: []
guest_bloggers: []
{'id': 241919, 'name': 'galactictoast', 'owner': {'weight_threshold': 1, 'account_auths': [], 'key_auths': [['STM6iG8zkXgfpWgCXUEaS7D89CvFmHkHkJjVqzd419AiDikA3swtq', 1]]}, 'active': {'weight_threshold': 1, 'account_auths': [], 'key_auths': [['STM53dnXUB7MsysBS2F5NsbygjGL5A3VbgaLG51AmqTeBrPfJtrYM', 1]]}, 'posting': {'weight_threshold': 1, 'account_auths': [], 'key_auths': [['STM7Mdo5U34aRCrPCHPGS6QFWPvsHYrka13o4Y3PRxmpuL88Q7AfV', 1]]}, 'memo_key': 'STM4tZ5GPjb8ZoK8rptPY1q6BBLQumNG9sBpsBrrNYCE3tpvn1HwQ', 'json_metadata': '{"profile":{"profile_image":"
And also try the other request.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hear you man....the can will be "kicked" until it can't. Other countries can see it all....they are the ones buying gold ...they are the ones preparing.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Gold is tanking.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I see it....these are desperate times....they can control gold with paper contracts and short the market....I am patient
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
you're going to have to be very patient. It'll be going down all through this year, probably the next one too.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am in no rush....cryptos or precious metals require patience --- never said it's easy --- but I can't pick the timeframes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You could just accept that it's going down and short it though, no? instead of sitting by for years and waiting on it to show signs of life.
I mean there's two directions, up and down. Dont buy when it's going down, don't sell when it's going up. ect ect. If you expect everything to continue to go down for long enough that it'll "not be easy" and "require patience" then you could short from here for big bucks.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
this is what make a market...differing opinions...I don't believe the banks can hold their act together and I certainly don't see the dollar remaining as the reserve currency...both of these are not IF...but when.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I know very little about the stock market but the boomers have created a huge bubble in the Australian housing market which I'm waiting for it to burst before getting a mortgage for my first home.
The US had a property market collapse as a result of the GFC however Australia made it through largely unscathed. But the past 8 years government has been making it easier for investors to buy up multiple homes so they can rent them out. This has pushed the price up where the median home in Sydney costs $1.15Million.
Until the bubble bursts I buy and hold cryptos
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
When they do things to make it "easier" that usually means you are near a top...they lower standings and sooner or later there are no more they can rope in
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit