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View Full Version : Big CNBC announcement!


EE_
16th October 2012, 11:35 AM
The DJIA is less then 600 points away from an all time historic high!
Go Obama! Now why would they want to replace him...hmmm?
midnight rambler
16th October 2012, 11:47 AM
Makes complete sense to me - the black Marie Antoninette aka Queen Chewbacca recently asserted that a "huge recovery" is underway. This historic high for the DIJA should remove ALL doubt about her assertion that things are GREAT.
osoab
16th October 2012, 11:54 AM
I am guessing they didn't account for the devaluation of FRN's from 2007 to today.
chad
16th October 2012, 11:55 AM
i haven't time to tune in to any of the networks, i've been glued to the non-stop MASSIVE wynter benyton action.
EE_
16th October 2012, 12:11 PM
I am guessing they didn't account for the devaluation of FRN's from 2007 to today.

perception is reality
Neuro
16th October 2012, 12:19 PM
i haven't time to tune in to any of the networks, i've been glued to the non-stop MASSIVE wynter benyton action.
Who would have thunk!
JohnQPublic
16th October 2012, 12:32 PM
i haven't time to tune in to any of the networks, i've been glued to the non-stop MASSIVE wynter benyton action.

Yes. Silver is up 18 cents today!

Either something changes, or the Wynter Benton myth dies a quiet death.
Ponce
16th October 2012, 12:43 PM
Anything is possible funny money.......same as passing bad checks, when is time to cash them is when everyone will find out as to just how broke you are.
iOWNme
16th October 2012, 01:55 PM
I am guessing they didn't account for the devaluation of FRN's from 2007 to today.

Guess what happens when you devalue the dollar? Everything that is measured in dollars goes up......INCLUDING the Stock Market.

This is actually a blatant admission that the dollar is TANKING.

The REAL stock market used to reflect the REAL growth and wealth of REAL companies who made REAL things. Not so much anymore....
midnight rambler
16th October 2012, 02:02 PM
Guess what happens when you devalue the dollar? Everything that is measured in dollars goes up......INCLUDING the Stock Market.

This is actually a blatant admission that the dollar is TANKING.

The REAL stock market used to reflect the REAL growth and wealth of REAL companies who made REAL things. Not so much anymore....

Not only all that, 'bots/algorithms weren't used to control/move the market - now that's pretty much it and the 'individual investor' is strapped over a barrel all primed to get sodomized (without lube).
Twisted Titan
16th October 2012, 03:15 PM
Guess what happens when you devalue the dollar? Everything that is measured in dollars goes up......INCLUDING the Stock Market.

This is actually a blatant admission that the dollar is TANKING.

The REAL stock market used to reflect the REAL growth and wealth of REAL companies who made REAL things. Not so much anymore....



To think the most valuable company in the world is Crapple

They are about 10 years behind the fore front of technology yet because of effective marketing a massive prole base and killer litigation team these blowhards are lauded as inovators.
madfranks
16th October 2012, 07:31 PM
Don't forget the world's best performing stock market during 2008-2009 was Zimbabwe. Printing money sure does the trick doesn't it?
LuckyStrike
16th October 2012, 07:42 PM
Don't forget the world's best performing stock market during 2008-2009 was Zimbabwe. Printing money sure does the trick doesn't it?

Absolutely the only thing the lay person needs to know.

http://static.cdn-seekingalpha.com/uploads/2012/10/8/426795-13497134665789351-Economics-Fanatic_origin.png


They can print FRN's but they can't print wealth.