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Originally posted by minkykeka
OH AND BTW - in this present moment the euro is still averaging slightly higher than it was on february 14th of this year, thats 7 months ago, plus a few days, so por favor can you tell me what all this falling currency is about because i am trying so hard to see it and well u know what i just can seem to find it.. remember the euro is still averaging slightly higher than it was 7 months ago,, so tell me how its is a falling currency, hhmm .. again homework time for some of you by the sounds of it. or maybe your were perhaps talking about one of those FIAT type of currencys you know the ones which are falling.. NOT.
Originally posted by camaro68ss
INFLATION! Inflation has been robbing the poor blindly for decades
Originally posted by Drew99GT
reply to post by hp1229
You missed this part of the article (or didn't read it at all).
"Meanwhile the ratio of insider sales to purchases has skyrocketed. Today insiders are dumping $7 in stock for each $1 that (other) insiders are buying."
Originally posted by Bluesma
Originally posted by CasiusIgnoranze
I advise people to start transferring atleast some of their money into PHYSICAL ASSETS like gold, silver, food and ammo ASAP (if you haven't already) before you wake up one morning and find your 401K wiped out.
Done. Two months ago, I sold my business, took home all the stock, liquidated all equipment. We bought ammo, filled our basements with food and water, and I arranged to bring my horse home instead of having her boarded elsewhere. We've even got gasoline and diesel, wood....no more money in the bank (or just a little).
Maybe it's overkill and won't be necessary. But at least it allows me to watch all this without feeling a panic attack coming on, and that's a good thing.
Originally posted by orionthehunter
I sold everything I had in the market today. I wanted to cut my losses. I believe it will go down a lot more over the coming months. I believe the SP500 will drop down from around 1160ish now down to 1054 or 950 or somewhere in between now and March of next year. It could chop around until later in 2012, I expect Obama may give more speeches so you know the market will go down and if he talks too much, the market may not have time to recover in between speeches. Then Bernanke will offer to help by worrying that our money is worth too much and propose making our money worth even less than it is now. I thought I read Obama had a plan to make gasoline cost $8 a gallon. I think his plan is working. I believe all those conspiracy theories that those worrying about the environment wanted to kill everyone off may be true.
I forgot to add I noticed my company stock sold off one evening by over 7 percent in after hours after our president lowered guidance for earnings. In the statement was something about the company increasing stock buybacks. The next day the stock price shot back up almost to where it was before the announcement. People play games to manipulate prices I believe. If they really wanted to buy the stock back at a cheaper price, all they had to do was wait for the economy to go to pieces and everything to start selling off. It doesn't look long now.edit on 21/9/11 by orionthehunter because: (no reason given)
Originally posted by Drezden
I was listening to NPR today and they mentioned a bad changes in the economy in the near future.