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First recorded activity by BoatBanter: May 2009
Posts: 20
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DOW 2,000 Here We Come - Get Out Now While You Still Can
Calif Bill wrote:
"Speeders & Drunk Drivers are MURDERERS"
wrote in message
...
On May 20, 5:57 pm, wrote:
On Wed, 20 May 2009 16:17:59 -0700 (PDT), Möbius Pretzel
wrote:
Jim Rogers - May 20, 2009 Where do you put your money?
From CNBC:
The stock market may hit new lows this year or the next as the
current rally has been largely caused by the money printed by
central banks and fundamental problems remain unsolved, legendary
investor Jim Rogers told CNBC Wednesday.
His views echo those of renowned bear Marc Faber, who told CNBC last
week that the rises in share prices did not mean the world was
embarking on a path of sustainable economic growth.
"I'm not buying shares if that's what you mean. Not at all," Rogers
told "Squawk Box Asia."
"The bottom will probably come later this year, next year, who knows
when," he added.
http://revolutionarypolitics.com/?p=699
Our economy has non-reversible flaws. Naturally,
the hucksters think McDonald's,Wal-Mart, etc.,
will restore our position in the world market.
ted
ps. Social conflicts will rise due to third-world
immigration and economic disaster.
It's true the economy is a mess but they're "fixing" it by pumping
trillions of $ into it and that will probably cause hyperinflation.
Nope, you watch. WW2 didnt, and this wont either.
And that means the stock market will RISE a little as the economy sinks a lot.
Pure pig ignorant fantasy.
I don't think we'll see 2000 DOW even if we have unemployment at 30%..
We may see a DOW at 50,000. But that will be caused by hyperinflation.
Nope, because we wont see hyperinflation.
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