View Full Version : Djia = 16,000
iOWNme
21st November 2013, 02:45 PM
Get out while you can, this thing is gonna blow!!!!
This one will be 10x worse than the 2008 crash.
Discuss.....
Dogman
21st November 2013, 02:52 PM
The higher it goes, the farther and harder it will fall!
Son-of-Liberty
21st November 2013, 02:58 PM
All the money printing has to go somewhere.....
gunDriller
21st November 2013, 03:08 PM
i think the mania will continue for a while, although i would not describe it as a stable equilibrium.
also, the currency in which the Dow is denominated is not the same as Dow 13,000 or Dow 14,000.
by the time the Dow gets to 20,000, if it does, hamburger will be north of $4 a pound (unless you buy the super-value packs or expiration date packs).
it's a big game of pretend. i just can't believe the financial press goes along with it & pretend like inflation is non-existent.
madfranks
21st November 2013, 03:15 PM
This is why QE is a giant wealth transfer from the poor/middle class to the top. The poor and middle class don't own many stocks, while the top 1% own them all. And all the easy money goes straight to wall street where it bids up the stock market. They get richer, we get poorer.
kiffertom
21st November 2013, 07:07 PM
I heard Jeremy seigel on cnbc the other day and he was saying the dow wasn't overvalued! what a piece of shit!! it was overvalued at 14000 but not at 16000?
Cebu_4_2
21st November 2013, 11:20 PM
I lost all my investments/retirement in stocks and the rest fighting an illegal foreclosure in 08. Now I have no stocks or ferns but own a home clear and taxes are well under 400 for the year (vs 600 a month). Blessing in disguise. Wish I did this instead of fighting.
Hypertiger
22nd November 2013, 03:44 AM
Worse than 2008?...Will implode the USA and world into oblivion...
You do not have to be in the markets...You just have to exist in the USA to be wiped out by the deflation of the cherished delusion of inflation you all worship.
They are not trying to take over...they took of 1789...you are living at the end...where you demand Satan to save you from GOD
and GOD says no.
The collapse to oblivion of all the lies you worship as Truth...is Good or positive.
Unfortunately the devout worshipers of lies...see this as bad or negative.
The USA has been overvalued since 1944...It just takes time for all the investors to realize the magnitude of the malinvestment.
When all the malinvestors that think they are investers run out of power to malinvest into producing positive yields to malinvest into producing positive yields.
Why do they run out of power?
Because slaves have a maximum potential power they can supply to the demand for yield.
once the slaves reach maximum potential power.
any further investment into acquiring more power.
results in slaves demanding more and more compensation for producing less and less yield...Yield/profit/tax that is ultimately the supply of the demand for compensation.
You all are the supply of your demands for yield from you all.
and when the demand by you all becomes greater than you all can supply.
yield starvation begins and you all basically try to escape the cannibalism
by fighting fire with fire.
Twisted Titan
22nd November 2013, 10:04 AM
I lost all my investments/retirement in stocks and the rest fighting an illegal foreclosure in 08. Now I have no stocks or ferns but own a home clear and taxes are well under 400 for the year (vs 600 a month). Blessing in disguise. Wish I did this instead of fighting.
Hindsight is always 20/20
You played your cards as best you could.
That has to be peace enough.
Twisted Titan
22nd November 2013, 10:07 AM
The smartest money in the room is bidding up this matket with their pocket change.
Meanwhile sinking their real wealth into tangibles and projects for when the paradigm shifts to be future masters of the grid.
iOWNme
22nd November 2013, 11:21 AM
Am I the only one who is just BEGGING for this thing to collapse?
I would rather live WORL than in so called 'Civilization'.
WORL = There is a chance you may be robbed or hurt by bad guys.
Civilization = There is a 100% CERTAINTY you will be robbed and hurt by bad guys.
Ill take my chances with WORL.
iOWNme
26th November 2013, 09:27 AM
16,103.94
Tick, tick, tick.........BOOM!
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