[blam]

"We, therefore, believe that the market has now entered a major downtrend. It is a mistake to dismiss the slide we’ve seen to date as mindless and devoid of fundamentals as many strategists maintain. These are not just scary headlines—-they are scary fundamentals."

[proxy_user]

The bear market will end when stocks are priced too low for current conditions, however bad those conditions are. This usually happens long before conditions start improving.

[Rushmore Rocks]

Blam, I really appreciate your market/monetary posts and reports. Thanks for doing this. I know many are not interested, but many of us are. You are doing a good service with them.

Thanks again.

[Cringing Negativism Network]

Duh.

Because the only thing we export, is jobs to China.

[HiTech RedNeck]

If we can’t have bulls, why not some cool looking Himalayan yaks?

[matthew fuller]

I was just wondering- when will the price of an ounce of gold equal the DJIA- then I thought about the effect of inflation on the DJIA, so I don’t know if they will ever be equal. Or, is the DJIA adjusted for inflation?

[misanthrope]

Me too, blam. I consider economic news of the utmost importance at this point in time, and you’re Johnny-on-the-Spot when it comes to the news that is relevant to the situation as I see it, particularly as it relates to PMs and other stuff the MSM is too scared to publish.

So yeah, thanks.

[almost done by half]

I have been expecting the stock market to go up due to inflation from the unholy run up in the money supply sooner or later.

[blam]

Recession Is Not In View But Economy Is Ugly

[ken21]

bump.

[The Duke]

I would recommend a little research on the topic "DOW in Gold Dollars" (aka "DIG$"). This graph is a much better indicator of the state of the DOW, as it expresses the DOW in terms of ounces of gold (it is inflation-adjusted).

I believe if an investor were to invest solely based on this parameter that they would be hugely successful.