Long Position on Silver and Gold?

[MrPrena]

You should have expected a general rise based on the announcement of the general effectiveness of Pfizer's vaccine because it's a signal of being able to establish normal social and economic behaviors -- especially with respect to things like travel and dining. In addition, Wall Street, large caps, and government processes like stability.

Some of us have felt governments have long needed a hard and severe shake-up -- which Trump has provided -- but the aforementioned institutions HATE that kind of "creative chaos" so they welcome the prospect of a return to predictable (albeit Socialist-oriented) government. We hate the Socialist trend because it shows the destruction of the democratic capitalist environment that really built Western society but that's looking long term, over the course of decades and centuries while the aforementioned institutions are looking at quarters or years.

I don't know why you expected internet stocks to get hit hard. The pandemic has shown a greater reliance on internet services as people were less able to interact in person and as in-person entertainment has dropped off. Even if there is light at the end of the tunnel to resume travel, dining, in-person meetings, etc., internet services expanded during the pandemic are showing cost benefits to reduce business travel, increase direct-to-consumer streaming instead of theaters for movies, etc.

Yeah. Prediction was prior to Pfizer's announcement if you see the election thread early.
I assume govt will have more regulations on internet companies. Maybe it was insignificant on short run.

[walkerwv]

I could Care less.. Just Saying.. BORING

[BladesNBarrels]

Interesting timing of the announcement by Pfizer.
Just sayin'

[BushMasterBoy]

The real credit should go to Oxford University research teams. Wall Street destroys people for money.

[Aloha_Shooter]

I think if Trump is successful in his challenges and wins, there will be significant relook at the 230 protections enjoyed by FB, Twitter, YouTube, etc. but the Dems will do everything they can to protect Big Tech because of what it has enabled them to do in controlling the message, shifting culture and opinions, etc. Expect internet companies to be the only ones deregulated if the Dems get ultimate power again.

[earplug]

I bought more NEM and a couple Buffaloes.
Google CIA investments and research the CIA's internal US propaganda. DOD involvement in media productions.
Now who controls the media?

[MrPrena]

Precious metal investors may have migrated to cryptos.

I would like to see how this goes.

[MrPrena]

I am starting to believe Powell is worse than Yellen, Allen, and Bernanke. More $$ into economy. What the hell is wrong with these people.....





Fed commits to keep buying bonds until the economy gets back to full employment
PUBLISHED WED, DEC 16 2020 2:00 PM EST
UPDATED WED, DEC 16 2020 3:38 PM EST

https://www.cnbc.com/amp/2020/12/16/...mployment.html

[roberth]

[BushMasterBoy]

Like a rocket!