Stock market crash

[Guest]

Reading history and know that history repeats itself if you will we are headed to repeat history in the coming months or years. In 1929 there was a stock market crash,well hold on to your paper because I think we are headed there again. My prediction in April of this year yes just a few months away we will see the stock market lose 40 to 50 %. Not a complete crash but its going to hurt. You will end up that everyone will pull there money that they have left out of the market and then a total fall . At that point people will be buying gold and silver at a rapid rate drive the cost those metals through the roof. Hipper inflation will then follow. We had a president in 1929 that kept saying every thing is getting better and did nothing. Then when the new president came in even though the fed at that time had money to flood the economy they didn't do it thus the great depression. Now we have the same thing happening and it will happen this year or next stock market will crash but this time the fed will flood the country with money till they become broke and then the powers to be will have eliminated the Federal Reserve. We learn from history because what happened yesterday will happen again,plans for the future are formed that way. I hope I am totally wrong. Another thought is if what I have said happens it would be a great way for the democratic party no for obama to postpone the presidential election this year because of a crisis,remember never miss a good crisis and take advantage of it. Remember the stock market is looking good right now well pretty good and that is what happened to the common joe in the 20's they invested and then lost every thing. If you read this read it with thought before you comment. Remember last year when the fed dumped a bush of money into the economy people don't really understand how close we were to this at that time. Oh by the way obama has wanted to get rid of the Federal reserve for some time.

[Guest]

I fear you could be correct, DDoug. Heaven help us!

[Guest]

I hope I am totally wrong.

I hope so too and I think you most likely are totally wrong. I have heard some talk-show hosts, on the radio, present a doomsday senario followed by an advertisement for gold. Don't forget that talk-show hosts are super salesmen capable of selling ice cubes to an eskimo. So if you are a fan of one or more of them, and they tell you the end of the world is coming (economically), it's very likely you will be swayed.

I would suggest you don't pay any attention to it. If I had taken their pessimistic predictions seriously, I wouldn't have more than doubled my money since the market crashed. Yes, that's right, I have more than doubled my money in the market since the market crashed a few years ago. And it didn't help to have them adding to the pessimism of the day and trying to talk down the market.

[Guest]

DDoug, I am not an economist like you must be. Explain what "Hipper inflation" means.

[Guest]

First off this prediction is not from talk shows second if you remember in England I think the early 70's when they had an inflation rate of 50 % over night. The same thing will happen here look at the prices in the last 2 months. Take coffee and this is a false increase last year you could buy it for 9.00 for two ibs. now its 14. Study your prices when you go to the store and see the increases. The market right now is in a bubble it will blow. The double that you made will not be worth double when this happens. Yes I hope I am wrong but history says this is where we are headed. History will tell what will happen in the future.

[Guest]

I buy my coffee at Publix when it is on the 2 for 1 sale. I like the New England brand and it normally is $5.65 per pound. I stock up when it is 2 for 1 and keep it in my freezer. I buy whole bean and grind it myself for freshest flavor.

I still do not know the term "hipper inflation". Does it have to do with hipsters, hippies, hip-huggers, or what?

[Guest]

Anything is possible but IMHO people are more sophicated investors today. It all depends on how risk averse you are. We all know of the mistakes made by the government and the Fed. what businesses are waiting for is some certainty and that won't happen unless we can get a president and congress to begin working on plans that are business friendly and growh oriented. Companies are sitting on capital but won't use it unless they know they have a chance of improving profits.

My vote is on america and i am staying in the market no pain no gain

[Guest]

First off this prediction is not from talk shows....

I'm on the edge of my seat waiting to hear who or what the source is. The source can make all the difference in the world. Having said that, even respected stock analysts have been wrong. This has been talked about many times in the past. Those who were famous for predicting the 1987 crash, were never heard from again. As it turns out, they were just lucky. If a person keeps predicting a crash, sooner or later it will happen. Just give it enough time. During the last several decades of investing, I have been through 3 market crashes. So, yes, they do happen every so many years. However, despite the crashes, my results have been spectacular, in my opinion.

Take coffee and this is a false increase last year you could buy it for 9.00 for two ibs. now its 14. Study your prices when you go to the store and see the increases.

Yes, I have seen some absurd prices but I just work around them. There are alternatives. Some prices are going up because of weather conditions etc.. That's not true inflation, that's just because of supply and demand situations.
And when the Federal Reserve says they are going to keep interest rates low for the next 3 years, you can bet there's no inflation on the horizon.

I'm with rubicon. I'm voting for America to regain it's strength. All we need is a president who respects our free market system. Capitalism!

[Guest]

Reading history and know that history repeats itself if you will we are headed to repeat history in the coming months or years. In 1929 there was a stock market crash,well hold on to your paper because I think we are headed there again. My prediction in April of this year yes just a few months away we will see the stock market lose 40 to 50 %. Not a complete crash but its going to hurt. You will end up that everyone will pull there money that they have left out of the market and then a total fall . At that point people will be buying gold and silver at a rapid rate drive the cost those metals through the roof. Hipper inflation will then follow. We had a president in 1929 that kept saying every thing is getting better and did nothing. Then when the new president came in even though the fed at that time had money to flood the economy they didn't do it thus the great depression. Now we have the same thing happening and it will happen this year or next stock market will crash but this time the fed will flood the country with money till they become broke and then the powers to be will have eliminated the Federal Reserve. We learn from history because what happened yesterday will happen again,plans for the future are formed that way. I hope I am totally wrong. Another thought is if what I have said happens it would be a great way for the democratic party no for obama to postpone the presidential election this year because of a crisis,remember never miss a good crisis and take advantage of it. Remember the stock market is looking good right now well pretty good and that is what happened to the common joe in the 20's they invested and then lost every thing. If you read this read it with thought before you comment. Remember last year when the fed dumped a bush of money into the economy people don't really understand how close we were to this at that time. Oh by the way obama has wanted to get rid of the Federal reserve for some time.




A great way for OBama to postpone the election. LOL...... good stuff ...

This entire post sounds like a Faux News commentary.