InvestorsHub Logo
Followers 1
Posts 32
Boards Moderated 0
Alias Born 07/16/2003

Re: None

Thursday, 07/31/2003 6:33:23 PM

Thursday, July 31, 2003 6:33:23 PM

Post# of 45
You have to factor in the greenspan equation. I'll go out on a limb here and be the first to say we have not topped, although it's just a guess.. I don't know what greenie will do. I do think we'll drift around this area for another month or two, and then we go down, and down hard, to new lows by next year, lower lows then the October of last year lows. If we haven't topped, my guess is it will happen fast, not be too much higher then the current tops, and we'll come down just as fast.

Keep in mind I'm very pessimistic on the future of this nation.. I believe the debt bubble will be held up until the very end, and nobody will know what is going on until it's too late... the collapse will be hard, and leave anybody with debt that loses their job, anyone without significant hard assets to get by (precious metals), in ruins. It could very well leave the government in ruins and lead to government taking actions against us that we never thought they would. It will be the end of the corrupt 2 party zionist pyramid scheme. What will happen from there is anybody's guess.

I believe that the market and the economy are in an extreme bubble, and that the collapse will have an effect similar to 1929.. one bankrupcy will lead to another, the dollar sharply depreciating along the way, causing the whole economy to just stop.. leaving trillions of absolutely worthless dollars floating around. It will be the largest margin call in the history of the world, 31 trillion dollars of public, private, corporate, and government debt, happening on a nationwide scale and effecting the entire planet. In my opinion, of course.

It really is the perfect storm. Ignorance is NOT bliss, in this occasion. A little gold or even better, silver, will go a long long way. Don't forget your guns and ammo and food, either... in case you need to shoot government agents. ;)









You can always tell who has the real power.. they are the ones you are not allowed to criticize.

May the truth keep you free.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.