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bucolic_frolic

(55,791 posts)

7. In particular they are talking about diversity with respect to currencies

Reply to leighbythesea2 (Reply #6)

Mon Aug 3, 2020, 06:39 AM

Aug 2020

other than the US dollar. Foreign stocks and the like.

And FAANG stocks plus Tesla now make up more than 30% of the Nasdaq. So mutual funds and ETFs in any US or even global index has a significant part of just 7 stocks. Analyst at TheoTrade is even saying diversity is dead because you can hardly escape them.

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'It's like it's April 1930 and the Depression is just underway' [View all] bucolic_frolic Aug 2020 OP

A lot depends on the next stimulus package Sherman A1 Aug 2020 #1

Exactly what I've been saying CanonRay Aug 2020 #2

Need to research leighbythesea2 Aug 2020 #3

Here's 2 bucolic_frolic Aug 2020 #4

Thank you! leighbythesea2 Aug 2020 #5

Just watched these leighbythesea2 Aug 2020 #6

In particular they are talking about diversity with respect to currencies bucolic_frolic Aug 2020 #7

Have never held foreign leighbythesea2 Aug 2020 #8

When the fiat currency system starts to unravel, there will be no safe one to hold. roamer65 Aug 2020 #9

Gold and silver leighbythesea2 Aug 2020 #10

$2011 right now. roamer65 Aug 2020 #12

I've got a plan Generic Brad Aug 2020 #11

Nice leighbythesea2 Aug 2020 #13