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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,260.01
(
0.27%
)
Post# of 40684
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al44

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al44

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Monday, 10/13/2008 8:38:43 PM

Monday, October 13, 2008 8:38:43 PM

Post# of 40684
It seems now almost the whole world is throwing money at the banking problem. It will recover eventually as will the stock market. The problem is even if the stock market hits it's old high, what will be the purchasing power of the dollar? The dow could hit 20,000 but if what costs today $1 then will cost $5 what has been gained? The tax man loves it but the serious inflation coming out of this mess will hurt just about everyone. Get ready for gold $2000 and silver $65. And those may be quite conservative.

............al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

Best info board on Ihub:

http://investorshub.advfn.com/boards/board.aspx?board_id=14130

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