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Replies to #44855 on lowtrade

Nefyn

09/24/15 4:31 PM

#44856 RE: Swimmingly #44855

The dollar is still and will likely remain the cleanest dirtiest shirt. We don't live in a U.S. bubble. We live in a global economy. Other economy's suck and have also printed money, the U.S just sucks less; therefore, remains the reserve currency. The Peter Schiffs and Ron Paul's are theoretically correct....if you live in a bubble and not with global economic relativism. Their theories work in 1910, not 2015.

Nebuchadnezzar

09/24/15 4:59 PM

#44857 RE: Swimmingly #44855

ooooooh hovering around $1100.. big deal. still down $700 from $1800 euphoric high.

I will buy GLD and SLV soon, but not yet, not yet.


unless you think QE is coming, the next leg is DOWN for the markets and DOWN for gold, not below $1000 but close.

interest rate hike has to come sooner or later and the dollar will only stay strong, lower oil for longer and stagnant gold prices.

gold yields nothing and is taxed as a collectible. maybe you are the moron.

I will just load up on VZ, CAT, T, CVX, XOM, PG, JNJ and few others that I will not tell you about and they yield 5-8% with o threat of div cuts.

market is going to test October 2014 lows, when, just a matter o time, almost every DOW component has bearish 50 day cross below 200 day. that means bear market is in 2nd inning.

CAT is telling the truth and things are very bad globally and the US economy is in an earnings recession.