A Game-Changing Crash . . . .

[Marusko]

Lets put some actual numbers to Saskfarmer's claims. The Dow is down 12.9% since its all time high on Feb 17th. The TSX is off about 6.7% since its all time high on Feb 2oth. Keep drinking the koolaid Saskfarmer!

Dow Jones was up 28.9% in 2019 and the TSX was only up 19% in 2019, so no doubt the Dow had further to come back down.

Yeah... TSX still not even down to the lows of the dip over Dec '18 / Jan '19. The stock market is a yo-yo.

I'm more worried about what commodity markets are going to do, and what products will be made unavailable by disrupted supply chains this growing season.

[errolanderson]

Gold collapse in-progress . . . . what a mess . . . .

[errolanderson]

Toronto TSX index collapse in-progress . . . another mess . . . .

[bucket]

Toronto TSX index collapse in-progress . . . another mess . . . .

No worries...the trust fund kiddies say it is all good....not a phucking clue about how to build wealth from this country's resource wealth, intelligence of people, safety of overall living...

It is depressing when a country can't fire on 8 cylinders and the guys running the show are pulling spark plugs to limp an economy into a recession on purpose...

[6V53]

Just think this could make Justin Trudeau a millionaire, isn't he a billionaire now ?

[bucket]

Tesla down 31% today . . . takes your breath away.

Maybe the eco-radicals realized the power infrastructure isn't there to charge a car at every household. ..

Will require a full rebuild according to a BC hydro executive. ..


And while electric vehicles use public roadways they pay no road tax when you consider the incentive required for people to buy them.

[macdon02]

Bottom in grains. Buy with both hands.

[GDR]

Gold collapse in-progress . . . . what a mess . . . .

If gold is the usual safety vehicle, where is all the money going that's leaving equities and commodities? Just to cash?

[macdon02]

It appears the masses believe in govt not defaulting on debt. It's gonna take a bit yet but from the frying pan into the fire as they say. Heard about a 400k margin call this morning. The collapse of crude will affect the world's govt ability to make interest charges. This is a perfect storm and it's gonna rattle the boomer generation to its core. We have never been here.

[biglentil]

Tesla and others were in a massive bubble created by the Feds easy monetary policy and I Can't Believe Its Not QE. The coronavirus pricked a bubble that looked like it was on the verge of was popping anyway. No different than when Lehman Bros triggered a US housing sector collapse in 2008. All you have to do is look at what happened between 2008 and 2011 to see what comes next. Canadian resources soared as well as the Cansdian $.

[LWeber]

Tesla down 31% today . . . takes your breath away.

what fn planet are you on?

fear mongering...you obviously don't own tesla.

[jazz]

Will require a full rebuild according to a BC hydro executive. ..

Worse than that. There is some article in the Nat Post talking about this net zero BS. Even if the entire oil patch was shut down, Canada would still have positive emissions. The only other place to go would be to electricity all the vehicles in the country to meet that pledge. In Ontario that would mean doubling the generation capacity.

You gotta a read this stuff and then realize the clinically insane are in charge.

https://nationalpost.com/opinion/terence-corcoran-the-big-zero-in-ottawas-net-zero-carbon-plan/wcm/c553236c-e0fb-459a-a5e2-36b9d6a39162 The big zero in Ottawa's net-zero carbon plan

There is no viable alternative to fossil fuels at scale and there is no technology available to capture carbon. Lack of technology, however, has not prevented advisers, consultants and policy-makers from using carbon capture as the black hole into which all the problems of net zero are stored. We have no idea today how to hit the 2050 targets, so let’s assume we will have the technology some time in the future.
Other alternatives include building more non-fossil energy sources, renewables, such as hydro, wind, solar and nuclear. But to produce the power needed in Canada to offset fossil fuels would require building two-and-a-half $13-billion hydro dams every year for the foreseeable future. Internationally, it’s estimated that getting to zero would require building one new 1.5-gigawatt nuclear power plant every day for the next 30 years.

[6V53]

Any one here ever been in the CIBC Wood Gundy office in Regina? Did you notice the security system?

[biglentil]

Tesla down 31% today . . . takes your breath away.

Errol you may wanna check your glasses. TSLA Down 3% today.

[pourfarmer]

If gold is the usual safety vehicle, where is all the money going that's leaving equities and commodities? Just to cash?

Bitcoin obviously