Stock Market Today

Danno · 07-29-2014, 08:24 AM

I smell another bubble about to burst.

Its gonna crash, and this time it'll crash hard.

dam1953 · 07-29-2014, 08:59 AM

Originally Posted by Danno

I smell another bubble about to burst.

Its gonna crash, and this time it'll crash hard.

I recently read a report that calculated today's unemployment and inflation rates based upon criteria used in 1980, before all the statistical gerrymandering started. Both numbers are well over 10%.

So, much of the increase in value of the market over the last five years is nothing more than CPI adjustments in the price to stock. Most stocks have not increased in real value. The US dollar has decreased in value.

That said, a crash is coming....no doubt. If you can't raise the standard of living of the poor, lower the standard of living of the wealthy. Just another form of income redistribution.

So, I invest in metals. You know, lead to protect my family and home.

07-29-2014, 08:24 AM	#1
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,751	Re: Stock Market Today I smell another bubble about to burst. Its gonna crash, and this time it'll crash hard.

07-29-2014, 08:59 AM	#2
dam1953 1000 Posts + Join Date: Jan 2012 Location: SW Ohio Posts: 4,645	Re: Stock Market Today Originally Posted by Danno I smell another bubble about to burst. Its gonna crash, and this time it'll crash hard. I recently read a report that calculated today's unemployment and inflation rates based upon criteria used in 1980, before all the statistical gerrymandering started. Both numbers are well over 10%. So, much of the increase in value of the market over the last five years is nothing more than CPI adjustments in the price to stock. Most stocks have not increased in real value. The US dollar has decreased in value. That said, a crash is coming....no doubt. If you can't raise the standard of living of the poor, lower the standard of living of the wealthy. Just another form of income redistribution. So, I invest in metals. You know, lead to protect my family and home.
	”It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.” Charles Darwin