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Author Topic: Count down to the U.S. election; A.K.A: S&P 500 armageddon  (Read 1386 times)
chennan
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November 05, 2016, 01:02:30 AM
 #1

So, there is obviously going to be some sort of movements on the markets when we get closer to/post election time; and when there is economic uncertainty in the markets, there is always bound to be some volatile movements in the cryptocurrency/precious metal markets.

So, what are you doing to get ready for the election to hedge your value away from the dollar as we get close to the shit storm that is Hillary vs. Trump? 

I'm especially curious to what people are doing who live outside of the US to get ready for the economic uncertainty.

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November 05, 2016, 01:46:10 AM
 #2

So, there is obviously going to be some sort of movements on the markets when we get closer to/post election time; and when there is economic uncertainty in the markets, there is always bound to be some volatile movements in the cryptocurrency/precious metal markets.

So, what are you doing to get ready for the election to hedge your value away from the dollar as we get close to the shit storm that is Hillary vs. Trump? 

I'm especially curious to what people are doing who live outside of the US to get ready for the economic uncertainty.
Purchasing some more bitcoin, and perhaps some gold after it drops some more.
The stock market has been leaning more towards Trump (or at least compared to the past few weeks) after the FBI re-opened investigations against Hillary.
Since the economic uncertainty is to be a temporary setback, i plan on stocking up on equities in the next month or two.  Will wait and see to see what policies the president plans on enforcing.
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November 05, 2016, 01:53:06 AM
 #3

I'm not really doing anything special, but this election has me greatly concerned.  The stocks I own have kind of been up and down, but I haven't noticed anything abnormal.  You'd think precious metals would be booming, but they really haven't been.

I think it's a good time to be sitting on 1) Bitcoin, 2) Cash, and 3) Gold & silver.  Stocks are risky but I still love 'em and I'm not selling any.  Should be interesting to see if bitcoin reacts to this election.  It probably won't.

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November 05, 2016, 02:15:55 AM
 #4

I'm not really doing anything special, but this election has me greatly concerned.  The stocks I own have kind of been up and down, but I haven't noticed anything abnormal.  You'd think precious metals would be booming, but they really haven't been.

I think it's a good time to be sitting on 1) Bitcoin, 2) Cash, and 3) Gold & silver.  Stocks are risky but I still love 'em and I'm not selling any.  Should be interesting to see if bitcoin reacts to this election.  It probably won't.

Ehh, I'm not quite so sure about wanting to sit on cash right now... just assuming that you mean cash = USD.

Plus, it kind of depends on what stocks you are talking about.  I think there is going to be a huge instability on wall street, but certainly certain stocks can always withstand the storm.

I just think that regardless there will be a huge distrust of the new president, regardless of who it is, and that will in turn affect the S&P and devalue the dollar for a bit.  If that does happen, then usually the worlds economy will follow.  I think investing in assets such as gold and silver is the best play as of right now, but definitely currencies such as Bitcoin and hedge in other alts are a good idea too if you are feeling in a gambling mood.

It's no doubt Gold and Bitcoin are correlated in this manner.

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November 05, 2016, 02:58:31 AM
 #5

So, there is obviously going to be some sort of movements on the markets when we get closer to/post election time; and when there is economic uncertainty in the markets, there is always bound to be some volatile movements in the cryptocurrency/precious metal markets.

So, what are you doing to get ready for the election to hedge your value away from the dollar as we get close to the shit storm that is Hillary vs. Trump? 

I'm especially curious to what people are doing who live outside of the US to get ready for the economic uncertainty.
Depending on who it looks like is going to win (basically) the day before, I;m considering investing in either defense industry or cement manufacturers. So far I'm leaning towards cement manufacturers.

I'm backing out of the dollar because everyone holding it has weak hands when it comes to Trump apparently, so there's no point having it. I'm holding nearly anything that'll be stable at this point, since fiat blows anyways.
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November 05, 2016, 04:00:45 AM
 #6

Hmmm.... If the impact is only going to be on USD, then BTC-other currencies exchange rate shouldn't be impacted.
If risk averseness increases after the election results, you can expect BTC to take a hit.  Smiley
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November 05, 2016, 04:25:40 AM
 #7

Surely in US election there is an economic impact after the event. Be it on election spending,jobds created and so forth. Also, investors are on lookout what to expect from new administration,what are their economic policies etc. For the first 100 days to six months shall we say honeymoon period. But after that,I think and hoping that all will return to normal and economic prosperity , just hoping and pray that US will elect the leader that can forge peace to all.


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November 05, 2016, 01:22:55 PM
 #8

There are some big hands obviously interested in loading up hard on bitcoin. They crashed the price on purpose recently to buy back in cheaper. They dont want the price to soar just yet, they are waiting for post election day. I think we will see a massive rally during 8th or after 8th, and until that happens 700 is a new stable price.
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November 05, 2016, 01:28:28 PM
 #9

Most economists are predicting US interest rates will be increased next month, that the Fed is only keeping them stable right now because of the election.
How much the rate changes could definitely have an effect on the price of commodities like Bitcoin and precious metals.

With the slight dip back to $700 this could be a good time to invest in Bitcoin.
Investing in things like gold and silver is probably a safer bet but I think they all have a slight possibility of increasing in price.

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November 05, 2016, 01:30:48 PM
 #10

Anyone here is going to bet on a hillary win gamble? im considering dropping some bitcoins here.. I think its obvious hillary will win, the powers that be will not let her win, so its clear to me, even julian assagne said the election is rigged... isnt this basically free money??
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November 05, 2016, 02:37:41 PM
 #11

i am starting to believe that this US election is going to have a significant effect on bitcoin price when it happens.

because there have been so much talk about this and there are so many people hopeful about this and also these days you can see after the rise and also after the fluctuations many whales are so much richer, and they will use all that money and hype of election to pump bitcoin more.

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November 05, 2016, 02:57:00 PM
 #12

People who live outside US don't care about US election's, for me is a bit strange that US presidential elections have so big influence global market's.
Anyway this Hilary is not good person, like her husband, they both are paid from who knows whom, that we can just speculate. Main thing is that they both did very bad things in this world ( I'm not sure how much US citizens are aware of that ).
Trump is showman, but he have some good arguments in my opinion.

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November 05, 2016, 03:02:25 PM
 #13

There are some big hands obviously interested in loading up hard on bitcoin. They crashed the price on purpose recently to buy back in cheaper. They dont want the price to soar just yet, they are waiting for post election day. I think we will see a massive rally during 8th or after 8th, and until that happens 700 is a new stable price.
I have to chuckle at this a little.  You hear this kind of thinking a lot in the precious metals markets (they're manipulating the market!).  Not sure who "they" are, and I'm even less sure you'd want to participate in a market that's as rigged as you think it is.

Chennan:  I still think cash is a good idea.  What else are you going to buy stocks with after they crash?

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November 05, 2016, 03:06:59 PM
 #14

People who live outside US don't care about US election's, for me is a bit strange that US presidential elections have so big influence global market's.
Anyway this Hilary is not good person, like her husband, they both are paid from who knows whom, that we can just speculate. Main thing is that they both did very bad things in this world ( I'm not sure how much US citizens are aware of that ).
Trump is showman, but he have some good arguments in my opinion.



They rule the world with all the military power, that's the truth, that's why the world keep the eyes on USA, both Trump and Hilary are a joke and btw they are just puppets.

Trump have good arguments? This guy only talk about problems and don't talk about how to fix it, he just say "problem, problem, problem" and "make it great again", "great, great, great".

Well, any government sux Wink
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November 05, 2016, 03:10:25 PM
 #15

i am starting to believe that this US election is going to have a significant effect on bitcoin price when it happens.

I don't know. The Greek crisis didn't had any effect on the BTC exchange rates, and then how can the POTUS results have any effect? And till now, we don't know anything about Trump's stance towards the crypto-currency (Hillary is rabidly against BTC).




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November 05, 2016, 03:57:20 PM
 #16

i am starting to believe that this US election is going to have a significant effect on bitcoin price when it happens.

I don't know. The Greek crisis didn't had any effect on the BTC exchange rates, and then how can the POTUS results have any effect? And till now, we don't know anything about Trump's stance towards the crypto-currency (Hillary is rabidly against BTC).

as far as i remember the Greek crisis did change bitcoin price but since Greek and its crisis were small the effect was not that big either.

and about US election i have to say i still don't believe it can change anything about bitcoin price unless users continue creating topics like this and continue making the event bigger than it really should be!

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November 05, 2016, 04:03:55 PM
 #17

I think there will be few FUD like yesterday's on dates near to US election as well as there may be some exciting news after election. Trump may support bitcoin as many have speculated, however for people like me living outside doesn't care much about the result. The only think i will keep on eye is news/fud/hoax that may come out before/during/after election. Other than that i don't have planned anything for this election.

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hasiramasenju
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November 05, 2016, 06:28:41 PM
 #18

actually presidential election is common thing who almost every countries in the world doing that but there will be so special if America doing this and i think almost every countries always follow its development because whoever will be the next president he/she will be determine the future of the world because US is the biggest country in the world but because i'm living outside US so I'm just doing the routine as usual for daily life such as watching bitcoin price chart or find another altcoins who have potential to growth and I do not have a specific preparation to face this but i always follow the latest update for US presidential election
chennan
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November 05, 2016, 10:42:40 PM
 #19

Most economists are predicting US interest rates will be increased next month, that the Fed is only keeping them stable right now because of the election.
How much the rate changes could definitely have an effect on the price of commodities like Bitcoin and precious metals.

With the slight dip back to $700 this could be a good time to invest in Bitcoin.
Investing in things like gold and silver is probably a safer bet but I think they all have a slight possibility of increasing in price.

I wonder if they would do this right away if Clinton gets elected though...

I know Janet Yellen has been doing a good job in the eyes of Obama to keep the economy afloat with low interest rates... but something has got to inevitably give in.  I wonder if they will keep the rates low for a little while after/if she wins and wait for something "outside of her grasp" to happen to hurt America's economy.  If they are keeping the rates low for Obama, I would just think that they would keep it low for Hillary too.

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November 05, 2016, 10:54:41 PM
 #20

People who live outside US don't care about US election's, for me is a bit strange that US presidential elections have so big influence global market's.
Anyway this Hilary is not good person, like her husband, they both are paid from who knows whom, that we can just speculate. Main thing is that they both did very bad things in this world ( I'm not sure how much US citizens are aware of that ).
Trump is showman, but he have some good arguments in my opinion.


Believe me, I can totally understand not being interested in this election looking at it from the outside.  But if there is no trust in the Dollar/US economy after someone who is that corrupt, or that much of a loose cannon, it effects everyone; primarily because the USD is still tied to oil.

The Clinton foundation is probably very corrupt, it's a private charity... they have actually done some "good" things in the world, but probably most of it is for show and to look good to the media. Thing is, they will hide their faults until all evidence is out on the table, and when that happens that will just give you the ¯\_(ツ)_/¯ response.

Trump's "arguments" are usually so short sighted and he makes these "arguments" based on emotion.

Regardless, it's a bad situation all around... and hence why there is so much uncertainty in the American economy. The USD is based on "trust", and it's really fucking hard to trust a government that's run by either of these two shmucks.

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