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Post by mikec on Jan 26, 2011 10:37:06 GMT -5
Hey all you Gloom and Doomers......
Conspirasy Theorists........
New World Order Screamers.......
All of us Paid Posters & $$$$ Pumpers have got the DOW over
12,000 this morning.......
13K is next......
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Post by z on Jan 26, 2011 10:41:12 GMT -5
That's gotta hurt. Especially with gold falling so much so fast.  |
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midwesterner (banned)
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Post by midwesterner (banned) on Jan 26, 2011 11:00:41 GMT -5
Hey all you that missed economics 101!!!Inflation, inflation, inflation!!!! QE, PPT, Bailout money used to pump stocks, and excess dollars finding a home in the stock market. Hello, anybody home??? THINK MCFLY, THINK!!!
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kman
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Post by kman on Jan 26, 2011 11:05:44 GMT -5
What's your point?
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silverguy25
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Post by silverguy25 on Jan 26, 2011 11:10:44 GMT -5
Oh my god, I just got a boner! 12,000!
Not. Okay, watching this thing play out is alot like watching wrestling back in the day. Its fake, but kinda entertaining. Right now the DOW is Hulk Hogan doing one of his "nothing can hurt me" shakes, while Andre the giant (Debt) pounds the living hell out him with no effect.
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kman
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Post by kman on Jan 26, 2011 11:11:33 GMT -5
Why would he care if we make money or not...he still has gold.
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kman
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Post by kman on Jan 26, 2011 11:14:10 GMT -5
Does that make Decoy..Capt Lou Albano?
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Post by mikec on Jan 26, 2011 11:33:07 GMT -5
The last rally ( the one up to 14K)
"THEY"
Bought all the way up.......
Held all the way down.......
Sold at the bottom..........
Missed the 90% rally we had screaming all the way that "somone" stole their money....
NOW they want to get back in SOOOOOO bad but are scared to death......
No wonder they are pissed...
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silverguy25
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Post by silverguy25 on Jan 26, 2011 11:59:19 GMT -5
Does that make Decoy..Capt Lou Albano?  Nah, man. He's Hacksaw Jim Duggan! |
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decoy409
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Post by decoy409 on Jan 26, 2011 12:02:00 GMT -5
Woder how Hacksaw would use that 2 x 4 in the house.
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kman
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Post by kman on Jan 26, 2011 12:11:41 GMT -5
You should put a helmet on, so you don't hurt yourself.
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usaone
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Post by usaone on Jan 26, 2011 12:56:59 GMT -5
13k before june!!  |
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Post by Steady As She Goes on Jan 26, 2011 13:57:50 GMT -5
NOW they want to get back in SOOOOOO bad but are scared to death...... They won't get back in until the flouride effect kicks in  |
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Post by mikec on Jan 26, 2011 14:22:50 GMT -5
They will get in 3 days before the start of the next 10% correction...
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midwesterner (banned)
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Post by midwesterner (banned) on Jan 26, 2011 14:35:37 GMT -5
It's amazing how you kids joke about this, and laugh and chuckle as if destruction of purchasing power is monetary gain.
You kids have real disconnect with reality, and economics. Did you watch the housing bubble burst? Do you see the debt notes being printed? What makes you think this is any different?? What makes you think it's going up and up forever???
Here's the deal. If no QE, market's will start to deflate, and gold will go down for the meanwhile but will climb up a bit more cause of derivatives, but dollar will gather some temp strength.
More likely scenario, QE will continue, stock market will explode in an upwardly solar crashing supernova, taking the value of the dollar with it. The flight to gold and silver will be like no other time in history.
You boys are fools if you can't see the writing on the wall. Any way around this, higher interest rates, or more QE it's bad news and the QE inflated bubble market is just death by a thousand stings instead of a my first scenario which is like an electric shock to the body.
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Post by mikec on Jan 26, 2011 15:20:36 GMT -5
O I forgot...... they have Gold......
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domeasingold
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Post by domeasingold on Jan 26, 2011 18:34:33 GMT -5
Mid without going all commie on me.
Where do you think Gold will truly be at the end of this year?
I really would welcome your prediction. If you answer civilly I will not attack you for your answer.
Just keep it simple. Next question: You had predicted in a previous post that the price for a gallon of gas would reach $5 sometime this year. If that occurs, what level would it reach in the year following?
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kman
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Post by kman on Jan 26, 2011 18:52:45 GMT -5
Love that Impaler wit.
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Post by mikec on Jan 26, 2011 19:34:10 GMT -5
DAMN the market failed to close over 12K..... Looks like another death march....
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midwesterner (banned)
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Post by midwesterner (banned) on Jan 26, 2011 23:35:05 GMT -5
Well first off thank you for speaking politely to me. I would like to say first off that I do think that $5 a gallon is not unlikely, but that's my opinion based on things I've read. Oil is an interesting one though. As the dollar inflates, and we now have special deals with OPEC to force other nations to hold dollars to purchase oil, it creates, or has created strong demand in the dollar. We are seeing that alliance starting to break down. Countries like Russia are now the biggest oil producer, and we have Venezuela that could easily side with Russia. Nations are moving away from dollar assets, not buying our debt, and is another reason we are monetizing our debt.
As this happens demand for dollars will decrease even more and more, and countries will move out of dollars, leaving the world without a reserve safe haven currency. Dollar was as good as gold, and had more value not being backed by gold and lasted much longer than most fiat money is because in my opinion the empire we have created deals with big oil, and created an oil standard in place of gold standard in a sense.
Now, back to gold, where do I see it. Well depends on actions of the FED, and many other factors. I believe it could be at 1600 or more by next year, and depends on if we go with QE, or raising interest rates. Raising rates will cut off demand for gold for a bit, but it will be short lived. I think we are getting to that point of no return, and if you count the derivatives bubble into it, then we are definitely there. I still don't fully understand how that will pan out, but looks bad to me.
There are many other economic and political factors going on making demand for gold strong. To not have any in these times of flux, or major change is unwise.
My belief is we are in a paradigm shift in not just finance, but other aspects of life. This is why many don't see what Decoy and myself try to explain. If you and others take the time to look into these issues, you'll be surprised at what you find.
Those are my basic reasonings, but I could write 5 pages on why gold and silver is gong up. So many reasons considering this is what I think a perfect economic storm brewing for years.
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Post by mikec on Jan 27, 2011 9:29:20 GMT -5
Did he say $1600 or $600 an ounce?  ? |
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kman
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Post by kman on Jan 27, 2011 9:55:56 GMT -5
He did Mike. He also has some inside information regarding the make up of the derivative contracts out there.
I don't know about you, but I would love to hear more about the content of these contracts, not just a guess to their overall estimated worth.
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Post by lifewasgood on Jan 27, 2011 10:40:13 GMT -5
WOW, Crystal ball time, End of this year, Gold 1500, Silver 38, Oil 122, Dow, 11000, My portfolio up 242% for the year. There you have, save this post and lets discuss next Christmas.  |
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Post by mikec on Jan 27, 2011 13:03:51 GMT -5
I say Gold $750
Silver $19
Oil $85
DOW 13500
My porfolio up another 7% as usual.....
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Post by mikec on Feb 2, 2011 8:05:22 GMT -5
We CLOSED above 12K !!!!!!!!! How long till we hit 13K How Long till we hit a new ALL TIME high? ? Futures so bright ive got to wear shades...... My 401K shattered its all time high yesterday...... Staying the course and sticking with the plan was the way to go.... |
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Post by Deleted on Feb 2, 2011 8:08:04 GMT -5
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kman
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Post by kman on Feb 2, 2011 8:58:39 GMT -5
Look at that, your karma is 100!
Frankie...You just keep chopping through the jungle of disinformation...and I will make my plans accordingly. 101 coming your way!!
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Post by Deleted on Feb 2, 2011 10:06:50 GMT -5
I know it is hard to believe...but jobs in this country, has VERY LITTLE to do with market or corporate value
It is ONLY about the current value of said company, and what buyers are willing to pay for a small piece of that entity
And most of that has to do with corporate profits generated all over the world
Yes...lack of jobs does cause other problems....but do not try to connect the dots from unemployment to the dow jones
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Post by jarhead1976 on Feb 2, 2011 11:28:14 GMT -5
This is the example gdgyva, I think you refer to. But I think Jobs and corporate value go hand in hand. The less Jobs or employees you have, make a corporation's value greater when production rises...With GDP increasing while less are working. Less people are creating more output. Relating to farming ........................................................................................Quote from bi metal au put................................................................... "I thought it was interesting the 0.7% of your work force produce 1.8% GDP in USA vs 2.4 % of the German Workforces producing 0.8% of the GDP or 3.8% of the French workforces producing 1.8% of the GDP or 4% of the Japanese workforces producing 1.5% of the GDP. (CIA World Fact Book... published Jan 12, 2011) We ask.. How goes your Recovery? Most Farming cost relate to things like oil prices.. Oil hit $100/BRL for the WTI . Bi Metal Au Pt Read more: notmsnmoney.proboards.com/index.cgi?action=display&board=moneytalk&thread=1483&page=1#99542#ixzz1CordfgDU |
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