Ruh-Roh. Economic MELTDOWN today...

[Blowback]

I hope I hold up. Mining companies, gold, silver, international funds, and some BEARX FTW

 

[wgadget]

Sure this is what Ron has been talking about. But I'm afraid the average voter is just gonna look to Huckabee, McCain, and Romney to see what they say, about how they can fix it. Let's ignore the guys who has had the answer for years...

WRONG...With today's money bomb, we will ADVERTISE our candidate's position...or so I hope. Remember, the other clowns are pretty much broke, except maybe Romney....

 

[slinkymaster]

We are in a recession. During the last banking committee with Bernake, Ron Paul stated that they only factored in inflation as 1/10 of 1%. Inflation is really 7-10% so the "slow growth" theory is bullshit.

 

[DeafEric]

Tomorrow will be the worst day on wallstreet of the last 30 years

Hear Hear!!

 

[offroadaz]

down market usually indicates a time to pick up shares cheap

whats your strategy?

 

[Join The Paul Side]

Romney didn't run a company that did anything productive. They were venture capitalists. As soon as people start explaining to Joe Sixpack what that means, they will be turned off big time. Romney is no businessman in the Henry Ford sense of the word, a man who actually DID something. ....what passes for a "businessman" today boggles my mind, and the press is so clueless they don't even know what questions to ask.

For anybody wanting to know what Venture Capitialism is:

http://en.wikipedia.org/wiki/Venture_capital

 

[hawkeyenick]

down market usually indicates a time to pick up shares cheap

whats your strategy?

except there's no reliable model to predict the bottom

you = fail

 

[Silverback]

It's be tough to beat the '87 crash for a one-day event, it takes longer now because there are more controls on the market.

Worst in 20 years is possible.

 

[nimo]

down market usually indicates a time to pick up shares cheap

whats your strategy?

If you want to pick up shares when the market bounces after the Washington tarts come out with their B.S. buy the SDS, QID and DXD.

 

[Greg in VA]

We are in a recession. During the last banking committee with Bernake, Ron Paul stated that they only factored in inflation as 1/10 of 1%. Inflation is really 7-10% so the "slow growth" theory is bullshit.

This point, and I believe it was addressed in anther post is why there needs to be a grass roots effort to define the problem in laymen's terms so that RP can explain it during the upcoming NBC debate. He did a great job of this when he cited the WSJ article about oil being priced in gold. If he can convey how inflation is a "TAX" and given some overview of how his policies will reinvigorate the nation he should do really well. Ross Perot did a good job of explaining the national debt problem with charts and graphs, somehow, someway, somthing similar needs to be done, and yes that is a lot of somes.

 

[Ozwest]

Gee, I love to see the show-offs grasping through the Glossary of Investment terminology.

Some have prepared, and are more sedate in their manner.

Please continue...

 

[SteveMartin]

Buy when the down crashes below 3000....NOT BEFORE.

 

[Ozwest]

Buy when the down crashes below 3000....NOT BEFORE.

No way mate, pay off all debts, and stay liquid.

 

[BeFranklin]

So, the stock market begins to collapse before Super Duper Tuesday. The perfect storm.

Bring back the gold standard.

 

[Ozwest]

Ummm... This is crunch time. The Yo-Yo has run out of string. Batten down the hatches maties.

 

[Jagwarr]

What seems strange to me is that the dollar has been gaining on most other currencies the past few days, I guess there is a reason for this but I don't understand why. Can anyone explain why and will it continue?

 

[priest_of_syrinx]

Guyz, guyz, this nooz is BORRING!!!

Their is better stuff on Focks Nooz, liek how lippstick makes your brests biger, go check!!

 

[Vendico]

soo 401k, what should we do with it?

 

[Caravello]

What seems strange to me is that the dollar has been gaining on most other currencies the past few days, I guess there is a reason for this but I don't understand why. Can anyone explain why and will it continue?

B/c their economies are going down too. The value of the USD is based on its relationship with other currencies, so if the economies of those other currencies go down and we stay still, for example, they "sink to our level" to put it plainly. That's all it is.

 

[freelance]

down market usually indicates a time to pick up shares cheap

whats your strategy?

Never try to catch a falling knife. Wait until a change of trend is CONFIRMED. Hint: You may be waiting a long while.