Posted on 11/06/2012 9:04:42 PM PST by occamrzr06
What are you predictions for the stock market tomorrow?
What about the next month/year?
Maybe....Maybe not....
I got into gold at $950/ounce. I was going to sell some sovereigns this week but I think I’ll hold off now. Obamanomics can only be paid for with massive inflation. Romney was talking about a harder money policy and now that the market knows for sure that there won’t be a hard money fiscal climate any time soon, inflation protected assets will be king. IMHO of course.
Of course not but the big players can make money when the market goes up or down! That is the key and they have the advantage. Small investors have no chance (well except for luck) of making the right choices at the right time.
This is NOT the stock market of the 70’s or 80’s. Technology have moved the big players way past equal opportunities for all players...
1. Stock market to 8,000 within 6 months
2. Massive layoffs starting in the defense industries. 250,000 to begin with.
3. Massive wave effect of related and service based economies surrounding these employment centers
4. Watch the drilling rigs drop like they have been hit with a club
5. Coal will be next. At least 6 plants are slated for closure along the Arkansas - Oklahoma Border alone....
6. Massive power shortages.
Test me on this in a year.
Well you certainly are adamant! 3 times...heh.
No thanks...I’m beginning to realize that whatever Freepers predict the opposite comes true!
Ed
hopefully it will crash and fuck all of the parasites
LOL... For all the bashing of Rove and Morris most here on FR are just as guilty of crappy predictions.
I admit I was wrong about the Election, I know, but I KNOW what the markets will do, and you CAN trust me THIS TIME..
The Market will go DOWN, then UP, then DOWN, and then DOWN FURTHER before the end of the year.. Inflation WILL GO UP, and then UP much more.. Investors, will have to dump their holdings and take profits before the expected Tax increases next year..
Our credit rating will be lowered, AGAIN.. Then again, I have been wrong before... :)
Finally, our Debt will grow at a rate we have never seen before, if you could believe that..
“LOL... For all the bashing of Rove and Morris most here on FR are just as guilty of crappy predictions.”
I’d have to say that my optimism and was based on the same thing theirs was and that was on the republican enthusiasm we saw in 2010 and the historic dem. defeat.
What was not figured upon was just how short a memory the American electorate has.
Personally I’m putting 100% of the blame on the MSM for this loss. If they were’nt throwing life rings 24/7 to obama this wouldn’t have been a race. Actually if they had done their job Obama would’a been impeached by now.
I don’t see a big change, the companies that were waiting for a change to expand and hire more help, are just going to hunker down and wait until 2016 and try again. The biggest problem is to find someone to run that can win.
Keep in mind most of the Wall Streeter's are Dems. They will be forced to sell before Jan due to the new taxes coming. I don't think things will crash immediately, however. Dec 7 we will get the Nov employment numbers. If it goes above 8%, get the hell out. Depression is coming. There are no more bullets to deal with anything. There is nothing good coming from now on until the bloodshed starts. When the interest on the debt starts rising, it will accelerate until we are bankrupt. I'm not even sure if gold is a slam dunk. People sell what they have to get the money they need, including gold. For me, the slam dunk is shorting bonds. The crash is coming now for sure. With $16 trillion plus in debt, rates will get out of control very quickly until we crash.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.