• similar warning before the fall in 2008

    From Noah Sombrero@fedora@fea.st to alt.buddha.short.fat.guy on Thu Oct 9 08:38:22 2025
    From Newsgroup: alt.buddha.short.fat.guy


    BBC,

    America's top banker warns of stock market fall

    The head of JP Morgan said there is a higher risk of a serious fall in
    US stocks than is being reflected in the market.
    --
    Noah Sombrero mustachioed villain
    Don't get political with me young man
    or I'll tie you to a railroad track and
    <<<talk>>> to <<<YOOooooo>>>
    Who dares to talk to El Sombrero?
    dares: Ned
    does not dare: Julian shrinks in horror and warns others away

    --- Synchronet 3.21a-Linux NewsLink 1.2
  • From Dude@punditster@gmail.com to alt.buddha.short.fat.guy on Thu Oct 9 13:01:26 2025
    From Newsgroup: alt.buddha.short.fat.guy

    On 10/9/2025 5:38 AM, Noah Sombrero wrote:

    BBC,

    America's top banker warns of stock market fall

    The head of JP Morgan said there is a higher risk of a serious fall in
    US stocks than is being reflected in the market.

    Buy gold.

    If Joseph were to advise the Pharaoh, he would advise him to buy dirt,
    cheap and wait until it is high, then sell at a huge profit, to all the starving folks who can't afford it, because it is overpriced, because it
    is scarce.

    Buy low sell high - and get all of it, or as much as you can.

    Gold today: 3,994.50
    --- Synchronet 3.21a-Linux NewsLink 1.2
  • From Noah Sombrero@fedora@fea.st to alt.buddha.short.fat.guy on Thu Oct 9 18:42:13 2025
    From Newsgroup: alt.buddha.short.fat.guy

    On Thu, 9 Oct 2025 13:01:26 -0700, Dude <punditster@gmail.com> wrote:

    On 10/9/2025 5:38 AM, Noah Sombrero wrote:

    BBC,

    America's top banker warns of stock market fall

    The head of JP Morgan said there is a higher risk of a serious fall in
    US stocks than is being reflected in the market.

    Buy gold.

    If Joseph were to advise the Pharaoh, he would advise him to buy dirt,
    cheap and wait until it is high, then sell at a huge profit, to all the >starving folks who can't afford it, because it is overpriced, because it
    is scarce.

    Buy low sell high - and get all of it, or as much as you can.

    Gold today: 3,994.50

    The time to buy gold is when the market is so strong that the price of
    gold is down around 1000. It was 25 or so 60 years ago, but is
    probably isn't going back down there. 1000 would be a good price for
    gold.

    Right now, The best investment is no investment. Get out of the
    market and wait for jpmorgan's prophecy to be right. If it doesn't
    hit in 5 years, jp was wrong. But the signs are strong enough that he
    is probably right. It is not smart to bet against that right now.

    Remember that the price of gold is ahead of the curve. If the market
    is going to crash in a while, you might think that gold would be good
    to buy.

    The rule in the market is rise on the rumor, fall on the fact. So you
    don't want to be holding gold when the fact arrives.

    Those strategies are good if you are 30 something and have time to
    wait for the market to mess around. If you are a geezer, fergit it.
    You don't have enough time left.
    --
    Noah Sombrero mustachioed villain
    Don't get political with me young man
    or I'll tie you to a railroad track and
    <<<talk>>> to <<<YOOooooo>>>
    Who dares to talk to El Sombrero?
    dares: Ned
    does not dare: Julian shrinks in horror and warns others away

    --- Synchronet 3.21a-Linux NewsLink 1.2