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Economy

GreatGazoo

(4,643 posts)

8. I'm selling QQQs and buying GLDM

Reply to NCDem47 (Reply #2)

Fri Mar 13, 2026, 11:27 AM

Mar 13

Hard to see how gold is not higher at the end of the year. Seems like the safest play.

I have held MO since 2021. Up 50% plus paying 8% qualified divs. An old school Bear stock. Wish I had bought more but it was new to me in 2021. I'm either flat or down a little YTD.

This guy is always very level headed (despite what the thumbnail looks like and says) and he spooked me yesterday. I have never seen him this down and with this much to say. Have never before heard him urge the White House to get some experts involved. This has 370K views in 18 hours so I'm not the only one paying attention:

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Highlight:

Is There Any Sane Reason Why the Market has Not Fallen 10%+ ? [View all] GreatGazoo Mar 13 OP

Will just put this out there UpInArms Mar 13 #1

Yes and we saw them act on March 12, 2020 GreatGazoo Mar 13 #3

Also, watching the bond market UpInArms Mar 13 #5

I don't get it either. NCDem47 Mar 13 #2

I'm selling QQQs and buying GLDM GreatGazoo Mar 13 #8

You made me look mnhtnbb Mar 18 #20

Everything is going great for the 1% gab13by13 Mar 13 #4

Market is hedging because of TACO WSHazel Mar 13 #6

Black Rock is as far to the right as one can get gab13by13 Mar 13 #9

Black Rock cares about money WSHazel Mar 13 #11

I am factoring in TACO GreatGazoo Mar 13 #12

Private credit is separate WSHazel Mar 13 #13

Selling off stock and buying gold would be the ultimate in foolishness. Fiendish Thingy Mar 13 #7

Who are you talking about using your strategy? gab13by13 Mar 13 #10

A "record number" doesn't mean a majority are withdrawing from 401k's Fiendish Thingy Mar 13 #16

you summarized what my strategy is as well. drray23 Mar 27 #27

Even Blackrock seems to be short of cash GreatGazoo Mar 13 #17

How would you diversify for this disaster? GreatGazoo Mar 13 #15

The world, and the markets, are different than they were in the 1970's Fiendish Thingy Mar 13 #18

I got out of the S&P and went into CDs on inauguration day. I'm breaking even, and I've avoided the angst. Scrivener7 Mar 27 #28

I did the same thing months ago into CD's. At least it's more stable FloridaBlues Mar 27 #29

Wile E. Coyote has walked off the cliff, oblivious EYESORE 9001 Mar 13 #14

Getting much closer to that 10% drop today! mnhtnbb Mar 18 #19

I sold last week GreatGazoo Mar 19 #21

i significantly readjusted mnhtnbb Mar 19 #24

"I think the war is very complete, pretty much" progree Mar 19 #22

"1%" of total output GreatGazoo Mar 19 #23

my corner is down nearly 30%... n/t SonOfNebanaube Mar 27 #25

Because companies that make bombs, war parts, and rebuild critical infrastructure will cash out on the war JT45242 Mar 27 #26

It's being fueled by pump & dump schemes. They're playing games. Ritabert Mar 27 #30