10 Comments
User's avatar
John P Gallien's avatar

It is not a free market or "free trade" when a communist dictatorship is a vital trading partner who is building up its military. It just shows the string of morons we've had running this country to get us into this position. Trump is trying to get us out. We need a long-term strategy to extricate us from ANY dependence on Communist China.

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Agent22Smith's avatar

Been meaning to ask: if one buys stocks with a stop or especially a trailing stop, does it negate the need to be in maximum safety mode? The answer is no if one buys at $X and the stock then descends to the stop. But in the melt-up we’re living through, why not put some chips on the table with said protection?

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Sluggo's avatar

Makes sense. The big question: which ones to gamble on? (I use the word “gamble” intentionally)

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Agent22Smith's avatar

Yep, there’s the rub. I follow a couple of the Stansberry guys and have done well balancing their advice with that of Bonner’s team.

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Sluggo's avatar

Yes, I read Stansberry, too. But I get mixed messages: one guy says hunker down, another will say this bull has a lot farther to run. Who to believe?

Like I read years ago, if you laid all the economists end-to-end, you still wouldn’t reach a consensus :-)

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Clem Devine's avatar

On one hand, or the other! Ha ha

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Flier's avatar

What do you make of rumors that Chairman Xi suffered a stroke last Friday? If true, that will further stir up markets.

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Jeff's avatar
Oct 12Edited

According to Jim Rickards, Xi Jinping is no longer the leader of China. The military took over a few weeks ago. Him having a "stroke" may be China's way of saving face after he became "leader for life" a few years back, then lost the backing of many in the CCP.

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Flier's avatar

Yes, rumors of a stroke are almost certainly a coverup for some other event, whether an overthrow or a physical removal. The question remains: is Xi still in power in China? The world waits with bated breath.

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Don Hrehirchek's avatar

USA, China , China, USA. Some one has some one over the barrel here!

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