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Dow hits 50,000
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Petrous
Joined 2006/01/25Visited 2026/02/07
Status: user
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40,000 to 50,000
All praise to the WH
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DOW wow!!
401k fever
#1 | Posted by Petrous at 2026-02-06 09:05 PM | Reply
What does the DXY look like since January 2025? How about gold and silver?
Trump is fooling and screwing many Americans by giving them a false sense of short-term, superficial prosperity. The great collapse is coming within the coming weeks. Be ready.
#2 | Posted by NerfHerder at 2026-02-06 10:26 PM | Reply
Also, "Layoffs in January were the highest to start a year since 2009"
#3 | Posted by hamburglar at 2026-02-06 10:33 PM | Reply
Why is gold over $5000 an ounce? Weak dollar.
#4 | Posted by LegallyYourDead at 2026-02-06 11:05 PM | Reply
A slightly weak dollar is sometimes not a bad thing, but in this scenario it is actually much weaker than what is stated in the DXY due to the recent surge in gold and silver prices. DXY only measures USD against a handful of other foreign currencies.
Basically, the dollar is one global crisis away from completely tanking (read: losing 25% value in one fiscal year) and Trump seems eager to create such a crisis in the coming weeks.
My best friend over the last 7 years has been the good ol' CHF and will continue to be for the remainder of 2026. CHF can be your best friend too, if you like.
#5 | Posted by Nerfherder at 2026-02-06 11:25 PM | Reply | Newsworthy 1
"Layoffs in January were the highest to start a year since 2009"
Wall St is not Main St.
Making billionaires richer was always Combover Caligula's goal.
Meanwhile farmers are going bankrupt. Manufacturers in the US are contracting. Groceries, rent, utilities and healthcare are unaffordable. Pedophiles are protected.
Missionaccomplish*tfooked.
Heckuva job stinky.
#6 | Posted by Nixon at 2026-02-07 08:46 AM | Reply
I lost the poll....I said 4 of the then 6 responses would be leftist made up ----....anything
to lessen this DEVASTATING NEWS FOR DEMOCRATS....should have taken the over.
--what? the potus has NOTHING TO DO with the market......Hmmmmmmmmm that's not what I read here when
it was doing okay while the -------- obama was in and running for the WH.
#7 | Posted by shrimptacodan at 2026-02-07 04:56 PM | Reply
Where'd Petey the Dope run off to?
#8 | Posted by LegallyYourDead at 2026-02-08 12:13 AM | Reply
I've wondered why this is always promoted as the Dow is up. Is should be the dollar is down against the Dow.
#9 | Posted by Charliecharles at 2026-02-08 12:54 AM | Reply
@#9 ... I've wondered why this is always promoted as the Dow is up. ...
In my view, there are many who think the stock market is the economy.
As I have noted many times before, the stock market is not the economy.
It is mostly the wealthy who benefit from a rising stock market.
The rich now own a record share of stocks (2024) www.axios.com
... About 93% of U.S. households' stock market wealth is held by the top 10%. ... While it's true that a record high 58% of American households do own stocks via mutual funds or as individual shares, in the aggregate the amount of stock most of these folks own is tiny. ...
While it's true that a record high 58% of American households do own stocks via mutual funds or as individual shares, in the aggregate the amount of stock most of these folks own is tiny. ...
#10 | Posted by LampLighter at 2026-02-08 01:35 AM | Reply
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