Originally posted by JibbyJedi
The DOW is around 13,000 right now, after the last crash, I'd say people were begging to be taken advantage of if they remain in this market much
longer. Like many gambler addictions though, people are always wanting to get to that specific number before bailing out, but they never seem to get
there and end up losing it all eventually.
Get your money out of the banks and into hard assets soon. Property, precious metals, just something other than paper. Only they know how much time
we have left before the next skydive in the market.
I cashed in both my and my wifes retirement accounts and my investment account last year. We bought easily traded commodities like guns and water
purification gear, some precious metals, along with ammunition and spices.
Forget the canned goods, too heavy to carry and not much nutrition in them, buy spices, old school trading.
I think the bankers are bailing because the fed charter ends in 2013, and with all the attention it's unlikely the Fed will avoid an audit before the
charter is renewed. The audit will expose the corruption and deals made on the sly.
I think that's also why they forced the bubble to burst, so they could loot in high gear until the end.
The end is near.