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Forex

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  • macdon02
    Senior Member
    • Sep 2007
    • 1858

    #11
    The next shoe is Repo, there's about 8 balls in the air right now and this is gonna resemble a Ginsu knife commercial. There's entities that don't know they are dead yet. Bombardier is beyond saving, we don't have the means. I'll sound batshit crazy if I paint this picture in crayola #6 red. Welcome to the final phase of 2008. You won't trust govt when it's over, assuming you did before 4pm Sunday.

    I don't think it's totally out of the question to test or go lower then the 1998 low in crude.
    Last edited by macdon02; Mar 8, 2020, 23:25.

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    • helmsdale
      Senior Member
      • Nov 2014
      • 2127

      #12
      Originally posted by macdon02 View Post
      The next shoe is Repo, there's about 8 balls in the air right now and this is gonna resemble a Ginsu knife commercial. There's entities that don't know they are dead yet. Bombardier is beyond saving, we don't have the means. I'll sound batshit crazy if I paint this picture in crayola #6 red. Welcome to the final phase of 2008. You won't trust govt when it's over, assuming you did before 4pm Sunday.
      We thought repo was oversubscribed last week...

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      • macdon02
        Senior Member
        • Sep 2007
        • 1858

        #13
        Originally posted by helmsdale View Post
        We thought repo was oversubscribed last week...
        I did an edit on "crude ideas" sub 1998 low, as a possibility. Remove credit and lending and i don't have a phucking clue. It's everything society is based on yesterday.

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        • farming101
          Senior Member
          • Mar 2011
          • 3950

          #14
          I think the CAD is heading for .72 Should see a rebound there

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          • Oliver88
            Senior Member
            • Dec 2012
            • 4688

            #15
            Originally posted by farming101 View Post
            I think the CAD is heading for .72 Should see a rebound there
            It’s dropped slightly to .727 now and oil is up over 10% today.

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            • farming101
              Senior Member
              • Mar 2011
              • 3950

              #16
              Bounced off .72 then right through it like a hot knife through butter! Needs to close over .72 or
              .70 next support

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              • malleefarmer
                Senior Member
                • Nov 2005
                • 5424

                #17
                Aussie dollar came off 1.98 cents last night. 62.9 cent us at momemt

                Comment

                • macdon02
                  Senior Member
                  • Sep 2007
                  • 1858

                  #18
                  Im hearing 2 week bank holiday and end of cash over the weekend, all electronic. Bitcoin getting ass ****d and gold is no better. I simply don't know. Lagarde says no bail outs, so anything associated with Deutsche or Commerz is gonna get it. It's very very hard to filter truth from lies these days. If loonie tanks were probably are going full commie, govt will provide like they do on Indian reserves. Might want to hoard brita filters next. Im gonna get drunk and watch the world burn. Signing off till month end. It's rec hockey time.

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