sell! sell! sell!

[Willie99]

3. The housing sector is being partially offset by a surge in exports.


Geez, who would have thunk it? How can it be?

 

[cussin'it]

SOHU up 10 bucks a share (nearly 25%) since Basey's buy rec less than 2 weeks ago. :aktion033

Tizbear...."You guys are crazy for buying this shit" LOL

Now just tell me that Denver covers tonight's game bro.

 

[Dawoofdaddy]

Sohu new highs again today and even when market tried selling off earlier this morning, it remained strong.

goldman sachs trying to roll over now.

Would be nice to see gold over $800 this week and maybe oil can get to $100.

Both those stories would make national news.

 

[Dawoofdaddy]

Would someone here please hold my hand?

Im really struggling cheering the market higher today, but the money is nice.

Its making me sick to my stomach.

LETS GO BIDU!

:missingte

 

[eek.]

Its just inflation Woofy.

Which can be a good period for those with the right assets.

I recall reading years ago, the only country in the world that has ever had more than 20% inflation, and hung onto democracy in peacetime at the same time, has been the UK.

 

[Dawoofdaddy]

Eek, I think I understand the inflation stuff and Ive been in the right assets.

Im still loaded up past my eyeballs with various commodity based investments.

Gold is going to many thousands per oz.

Daytrading these tech stocks when the market wants to go higher helps pay my weekly bookie tab.



I picked crumbs off stocks selling short when I could have made alot more just riding on long side with helicopter ben.

It wont end well, but wtf, if ya cant beat em, may as well join em.

If guys like me throwing in the bear towel doesnt get market to finally go down, nothing will.

 

[eek.]

Once inflation gets to 15-20% social political and economic chaos starts to rear its ugly head.

I'm not sure how modern society would cope.

Many people in the 1970s were around in WW2 so deprivation etc was just another day.

 

[Dawoofdaddy]

+ money today and taking rest of afternoon off.

Now going to try and not blow all of it on MNF tonight.

:drink:

 

[SteamDaddy]

Gold nearing $800

With a record amount of open shorts to settle up soon we will continue to see excellent gains.:toast:

ALL ABOARD!!!!!!!!!!!!!!

 

[t2050]

anyone care to speculate how much lower the US Dollar will decline?

I was thinking this was a key level of support.

Anyone want to take a stab 20%? how much downside is left vs euro or CND $$ are we gonna see some panic selling at certain level?

I have alot of exposure to gold and want to reduce it at some point.

 

[cussin'it]

NASDAQ at 6.75 year high.

Bravo!

 

[tiznow]

NASDAQ at 6.75 year high.

Bravo!

sohu up a another 5 bucks in AH on earnings congrats basehead and cuss

:money8:

dollar 76.79, oil 93.51, gold 790 bullish!!!

arty:

 

[Brooklynbomber]

anyone care to speculate how much lower the US Dollar will decline?

I was thinking this was a key level of support.

Anyone want to take a stab 20%? how much downside is left vs euro or CND $$ are we gonna see some panic selling at certain level?

I have alot of exposure to gold and want to reduce it at some point.

Seriously, I would lay $50K this instant if I could bet that the USD index will drop into the 50's within 5 years....I'd even lay -120

Honestly, it will probably drop down into the 40's....signaling hyperinflation and the crisis "they" need to unveil the Amero

:smoking:

what a shitty way to treat the elderly in this country....watching thier savings erode away, all the while they get a 2.5% cost of living increase every year while inflation is at 10%

 

[cussin'it]

sohu up a another 5 bucks in AH on earnings congrats basehead and cuss

:money8:

dollar 76.79, oil 93.51, gold 790 bullish!!!

arty:

arty:Nutin like buying "shit" and havin it pay you back eh?

 

[SteamDaddy]

anyone care to speculate how much lower the US Dollar will decline?

I was thinking this was a key level of support.

Anyone want to take a stab 20%? how much downside is left vs euro or CND $$ are we gonna see some panic selling at certain level?

I have alot of exposure to gold and want to reduce it at some point.

You should be enjoying quite a nice ride for some time

Its going down to at least 40 or 50 on USD index chart, imo.

 

[eek.]

Only my opinon of course.

anyone care to speculate how much lower the US Dollar will decline?

I was thinking this was a key level of support.

Anyone want to take a stab 20%? how much downside is left vs euro or CND $$ are we gonna see some panic selling at certain level?

I have alot of exposure to gold and want to reduce it at some point.

Hard assets are the thing just now.

The US budget deficit is increasing, the dollar is being crushed by your own government, not the markets.

A speculative bubble will push gold to $1000 $2000 etc, stocks will crash as oil skyrockets.

(annual highs-approx)
1970 $40
1971 $44
1972 $70
1973 $126
1974 $195
1975 $199
1976 $151
1977 $180
1978 $264
1979 $578
1980 $850

This could be the start of another ten year run, no-one knows.

 

[eek.]

Gold is as safe as it gets at the moment, there hasn't even been a real speculative bubble yet.


Buying into a bubble exposes you to an ass burning.
Recent gold moves have only been following the dollar, just like the price of oil.

 

[eek.]

You're only really "exposed" if there's a bubble.

If you have 100k in the markets and 100k in gold in my opinion I would be more nervous about my markets investment.

 

[eek.]

IMO if the $ drops to 100 yen then things could get a bit fraught.

Japan is a pretty conservative country and has zero oil income to skew its numbers.

http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance

 

[eek.]

Or one Swiss Franc.

The $ has lost 75% of its value against the SWF since 1970.

http://research.stlouisfed.org/fred2/data/DEXSZUS.txt

Currently at about 1.16