Author Topic: Chinese stock market crashing! (Read 4696 times)

gib · « **on:** July 03, 2015, 07:14:37 PM »

Damn is this the start of the next economic crisis? Down around 20 % already and my banker friends are saying Chinese stocks could fall 50%!

Let's see if they have a US style property collapse.

theTRASHMAN · « **Reply #1 on:** July 03, 2015, 07:29:38 PM »

they have the gold dude. non-issue for the government.....now whether or not they want to let THE PEOPLE take the dive is another story. just part of the current currency war......

gib · « **Reply #2 on:** July 03, 2015, 08:35:48 PM »

Gold? What use is that? Can't eat it. Generates no return. Costs money to transport and store.

Countries with natural resources and land will do best. Such as Australia for example. And NZ. They can be self sufficient if needed.

Hulk-smash! · « **Reply #3 on:** July 03, 2015, 08:36:24 PM »

The NWO plan of centralizing they're control seems to falling into place. This is all becuz of the incredible power of the internet.

Competitor 9 · « **Reply #4 on:** July 03, 2015, 08:38:27 PM »

Can't help but think this might have somthing to do with years of currency manipulation

Hulk-smash! · « **Reply #5 on:** July 03, 2015, 08:42:48 PM »

Imagine how much better this world would be if everyone was just honest w/ each other. Greed, murder, lies, pointless wars, corrupt leaders, etc..

Tapeworm · « **Reply #6 on:** July 03, 2015, 08:56:57 PM »

I don't get markets and trading. If something was worth lots more yesterday than today then isn't the lesson that the method of valuation is flawed? As in: It's bullshit.

And people are always shocked like some impossible thing is happening. OMG THE STOCKS ARE FALLING!!! What's surprising? It happens all the time. Why? Because the whole thing is a Jenga tower of bullshit, that's why.

It's not 'investing.' It's gambling. "Oh no no no no no, it's not." Yes it is! It's a casino of bullshit.

theTRASHMAN · « **Reply #7 on:** July 03, 2015, 09:24:37 PM »

Quote from: gib on July 03, 2015, 08:35:48 PM

Gold? What use is that? Can't eat it. Generates no return. Costs money to transport and store.

Countries with natural resources and land will do best. Such as Australia for example. And NZ. They can be self sufficient if needed.

generates no return.....hmmm....

you are very correct about resources.....

the fat of the situation is that resources will become currency.

imagine a country with meaningful resources that does a large amount of business with another country decides that the purchasing country's currency, which is the current global standard, will no longer be honored. they decide that their own obscure currency will now be the only honored when selling their resources. let's say the entire pacific rim follows suit....compound that with a country purchasing all gold reserves......

gib · « **Reply #8 on:** July 03, 2015, 09:26:28 PM »

Valuations do exist. Sometimes people are prepared to pay above value (like now) and other times they won't even buy when below value. It's a heard mentality by people who have no idea how to properly value assets.

Right now cash is king. Most assets are overvalued. US stocks are over value as are Chinese. Stay in cash now and invest once prices have called.

Bodybuilding related as all Getbiggers are millionaires.

gib · « **Reply #9 on:** July 03, 2015, 09:31:34 PM »

Quote from: theTRASHMAN on July 03, 2015, 09:24:37 PM

generates no return.....hmmm....

you are very correct about resources.....

the fat of the situation is that resources will become currency.

imagine a country with meaningful resources that does a large amount of business with another country decides that the purchasing country's currency, which is the current global standard, will no longer be honored. they decide that their own obscure currency will now be the only honored when selling their resources. let's say the entire pacific rim follows suit....compound that with a country purchasing all gold reserves......

Dude gold is the biggest bubble of all. Don't be sucked in by the NWO. When it comes down to it gold is almost useless. Imagine a country that has accumulated all the gold but nothing left to offer. It's totally useless. Gold has zero fundamental value as it produces no yield.

Right now amazingly the USD is the best currency to hold.

Best places to live and invest are probably Australia. Or HK if u can get there as all the cheap Chinese money will flow into HK property.

Maybe also places already bottomed out like Argentina.

theTRASHMAN · « **Reply #10 on:** July 03, 2015, 09:50:23 PM »

you are dead on with land and resources brother.

on matters of currency.....we will just have to agree to disagree.

as for gold.....gold will never be anything but the most valuable asset in existence.

gib · « **Reply #11 on:** July 03, 2015, 09:59:06 PM »

Quote from: theTRASHMAN on July 03, 2015, 09:50:23 PM

you are dead on with land and resources brother.

on matters of currency.....we will just have to agree to disagree.

as for gold.....gold will never be anything but the most valuable asset in existence.

Ok. So u go and live on a baron island with nothing but a huge pile of gold. I'll live on one with tropical fruit trees, fresh water streams, grass, fish etc, with with zero gold. And let's see then who lives longer and what value gold has. You would probably trade all the gold in the world for a single banana from my banana tree when you are starving to death and the novelty of looking at your shiny pile has worn off and the reality has set in that you have been conned into stocking up on the most useless and valueless metal in the world ...

Don't be sucked in by the NWO. Look and the end game. We can all benefit if we understand the big picture.

Tapeworm · « **Reply #12 on:** July 03, 2015, 10:24:05 PM »

Quote from: gib on July 03, 2015, 09:26:28 PM

Valuations do exist. Sometimes people are prepared to pay above value (like now) and other times they won't even buy when below value. It's a heard mentality by people who have no idea how to properly value assets.

But I'd be betting on my estimation of other people's perception of the value, not my own valuation. They know this so they're betting on others' perceptions of their perceptions, who are perceiving perceived perceptions and betting on them, etc. It's nonsense.

Papper · « **Reply #13 on:** July 03, 2015, 10:27:37 PM »

Quote from: Navy_Mike on July 03, 2015, 08:38:27 PM

Can't help but think this might have somthing to do with years of currency manipulation

Currency manipulation is bad mkay. When will people learn

The Abdominal Snoman · « **Reply #14 on:** July 03, 2015, 11:29:31 PM »

Quote from: gib on July 03, 2015, 08:35:48 PM

Gold? What use is that? Can't eat it. Generates no return. Costs money to transport and store.

Countries with natural resources and land will do best. Such as Australia for example. And NZ. They can be self sufficient if needed.

China may secretly have over 30,000 tonnes of Gold. Comparable the US doesn't even have 10,000 tonnes. When Global financial realignment happens, this amount of Gold will put China in a very strong position moving forward...

Big Chiro Flex · « **Reply #15 on:** July 03, 2015, 11:33:33 PM »

I await AJ's response before I form my opinion.

240 is Back · « **Reply #16 on:** July 03, 2015, 11:44:04 PM »

Recent Phil Leg Training "15 weeks out" pics showed Phil looking wide-waisted and unprepared. China responded.

Phil loses the Sandow, and global markets probably go into turmoil.

You don't have to believe me, you just have to understand history. Vic Martinez is robbed by Cutler at the 2007 Olympia, and within weeks, the financial collapse of US banking system is upon us. People need to see muscle win, or currency confidence plummets.

People have been pegging the dollar to the Sandow for decades now.

Papper · « **Reply #17 on:** July 04, 2015, 12:14:10 AM »

Quote from: 240 is Back on July 03, 2015, 11:44:04 PM

Recent Phil Leg Training "15 weeks out" pics showed Phil looking wide-waisted and unprepared. China responded.

Phil loses the Sandow, and global markets probably go into turmoil.

You don't have to believe me, you just have to understand history. Vic Martinez is robbed by Cutler at the 2007 Olympia, and within weeks, the financial collapse of US banking system is upon us. People need to see muscle win, or currency confidence plummets.

People have been pegging the dollar to the Sandow for decades now.

After really feeling for Phil being attacked by the haters everyday in the gym I have no sympathy left for the chinese population and their troubles.

nextgen · « **Reply #18 on:** July 04, 2015, 01:44:18 AM »

Quote from: Navy_Mike on July 03, 2015, 08:38:27 PM

Can't help but think this might have somthing to do with years of currency manipulation

my first thoughts exactly, putting forward fake numbers for years will lead to this

SquidVicious · « **Reply #19 on:** July 04, 2015, 02:05:46 AM »

Gotta love all the financial experts here. Still waiting for any of you to chime in on the net worth thread though I suspect buying a single ounce of gold is beyond your means until you pay back your student loans from Devry Business School.

_aj_ · « **Reply #20 on:** July 04, 2015, 04:28:15 AM »

Quote from: Big Chiro Flex on July 03, 2015, 11:33:33 PM

I await AJ's response before I form my opinion.

I am not even sure where to start here...

_aj_ · « **Reply #21 on:** July 04, 2015, 04:33:08 AM »

Quote from: Tapeworm on July 03, 2015, 10:24:05 PM

But I'd be betting on my estimation of other people's perception of the value, not my own valuation. They know this so they're betting on others' perceptions of their perceptions, who are perceiving perceived perceptions and betting on them, etc. It's nonsense.

I think that you just defined "markets". Thanks for playing.

forillagorilla · « **Reply #22 on:** July 04, 2015, 05:14:50 AM »

Quote from: SquidVicious on July 04, 2015, 02:05:46 AM

Gotta love all the financial experts here. Still waiting for any of you to chime in on the net worth thread though I suspect buying a single ounce of gold is beyond your means until you pay back your student loans from Devry Business School.

Some have started replying... Go look, but be warned - its sad.

Tapeworm · « **Reply #23 on:** July 04, 2015, 05:29:57 AM »

Quote from: _aj_ on July 04, 2015, 04:33:08 AM

I think that you just defined "markets". Thanks for playing.

I'm still just as confused as when I came in!

pedro01 · « **Reply #24 on:** July 04, 2015, 05:37:24 AM »

It was a bubble.

It's popped.

Rinse & repeat.