Stock Market: Correction or Crash?

[biglentil]

Commodities are in the shitter already, not even boat loads of freshly printed monopoly money can prop em up.

Oh and anyone that has any ole $1000 bills under your mattress take em to the bank. The Canadian Central bank has decided its not legal tender anymore. $100 dollar bills slated for the chopping block next and the nickel. Save your pre 1981 nickels they are the last form of real money that exists, .999 nickel. Won't even be able to use the term "cash is king" anymore because soon it wont exist.

[farmaholic]

Rumour has it those cash bills have more value as collector items than currency!

[errolanderson]

More market turbulence straight ahead . . . now Trump’s top economic advisor has resigned Gary Cohn.

[grassfarmer]

More market turbulence straight ahead . . . now Trump’s top economic advisor has resigned Gary Cohn.

Must be too much winning LOL

[biglentil]

Once the Titanic hit the iceberg there wasn't a single captain on earth that could prevent her sinking. The band continued to play to the bitter end. No different than the current world economic situation. The iceberg was struck in 1971 with the abolishment of the gold standard.

Oil futures in Chinese Yuan backed by physical gold comes online this month. Also Iran just banned the use of USD for trade of oil and other goods. Ghadaffi and Sadam where taken out for trying to do the same thing. Is the US going to take out the leader of Iran and China?

[errolanderson]

White House has turned decidedly protectionist with Cohn resigning. This could ignite a full-on global trade war . . . and not good for any markets (including commodities).

USDA must fuel the bull on Thursday to maintain grain price strength or markets vulnerable (IMO).

[grassfarmer]

White House has turned decidedly protectionist with Cohn resigning. This could ignite a full-on global trade war . . . and not good for any markets.....

"Trade wars are good and easy to win" don't you know?

[biglentil]

White House has turned decidedly protectionist with Cohn resigning. This could ignite a full-on global trade war . . . and not good for any markets (including commodities).

USDA must fuel the bull on Thursday to maintain grain price strength or markets vulnerable (IMO).

It sure doesn't do anything for the hegonomy of the reserve currency. The Easts implementation of an alternative trading system to the Usd was considered an act of war. Heavy tariffs mainly directed at China is retaliation. It's not a coincidence that Putin recently had a press conference show casing their "invincible" nuclear weaponry.