but me, i'm all ready gone...I don’t understand what people are afraid of, if the market goes haywire or we have another flash crash, the plunge protection team will step in and save the day, or the SEC will just void out the previous days trades, reset the trading clock and give investors a “do-over”...
BINGO:
Word is the market will take a 20% dive this October. Sometime. 70% likely to drop 2000 points.
Thus, to protect assets from a more serious drop, sell now, and either hold the cash for a good buy later, Post November Election, or buy Silver Coin and wait longer.
Stay in the stocks ONLY if you can take a 20% or greater loss risk and plan to be into these same stocks in 10 or more years.
Those of you planning to sell some anyway and retire, in the next few years, should go all out NOW! Cash or Silver will be a better risk for anything under 1 year recovery.
Assuming two things: The Dems do NOT pull any crazy lame duck crap AND... AND the GOP wins big and then IMMEDIATELY UNDOES that crap.
Some of the information is rather detailed and I have had to go to financial definitions many times to follow the topics. But it has been worth it.
but me, i'm all ready gone...might be but the market already has a low PE. around 10 as I understand it. A couple years ago the market PE was about 20.
I don’t think there is any upside from now through the election.
But right now people are thinking and rightly so that likely the pubbies will win come november and chop down the deficit in 2010. obama in canada last june said deficit reduction would be next year’s big chore.
Move old 401K’s into a self directed IRA. Have that put into a money market. No penalties, and your money just sits there.
Stocks go up ... you make nothing. Stocks go down ... you lose nothing. Put cash in pre 64 coins. JMHO.
250 is the new 40.
free trade and open borders has destroyed us and not one leader understands this. the economy must stabilize itself with the rest of the world. therefore our standard of living must decrease or theirs must increase. since there are many billions more of them then us. The logical step is for ours to fall. that is the end result of free trade and now that the companies have destroyed the golden goose with their pursuit of the biggest profit margins the USA economy is in freefall and can no longer support the expensive products prices of the cheap products made in China and mexico. and the leaders answer is INFLATION? increasing prices will drive what little demand out of the market altogether. Inflation will cause everyone to become a rancher and farmer. inflation will cause hunting to spike. Inflation will cause more unemployment as demand nosedives. Do these idiots not understand the basic economic law of supply and demand. there is no demand so they want to drive up price? increasing prices drives down demand and causes supply to shrink as the lack of demand inflates inventories companies will cut back production.
Wake up and smell the coffee.
Since 1984, deficit spending in US is the norm.
Yet inflation has never exceeded 6%. Last few years it is 2 to 3%.
Have you used your God given brain to figure out why inflation has been tame in spite of huge printing of dollars?
ding ding ding
think think think
how come how come how come?
Ok y’all product of unionized public education, let me enlighten you.
Inflation happens when surplus dollars are chasing fewer goods and services.
Yes, we have surplus dollars galore. But we have no shortage of goods and services! China alone has 10 times the manufacturing capacity compared to 1980’s. India has a very large educated work force capable of providing services.
So have all the goods and services available to absorb the excess dollars. Result? Benign inflation. It is simple Econ 101. It is just that some Americans have no clue as to how much manufacturing capability has increased world wide.
But there is one monster waiting behind the curtain. And that is foreign trade deficit. We are importing much more than we are exporting. A lot of that deficit is due to oil imports. If our leaders do not push us towards extracting internal energy sources, dollar has only one way to go...down. And that will cause inflation in US dollar based goods and services. But strong currency countries will not experience inflation in the next decade or two.
As for the stock market near term, expectations of republican gains will keep a bullish bias until election. Market reacts to expectations. So if my hypothesis is correct, it is not wise to stay out of stocks now. If democrats retain house and senate, market will plunge badly.
Bingo! The stock market is now nothing more than a playground for HFT algos. It's hard to believe that there are still suckers investors who are trying to play within the system. The whole thing is stacked against you. All we have now is just the last few death rattles of a capitalist market.
saving