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God help us

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  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993

    God help us

    http://charts3.barchart.com/chart.asp?vol=Y&jav=adv&grid=Y&divd=Y&org=stk&sym= DJH9&data=H&code=BSTK&evnt=adv
  • Hopperbin
    Senior Member
    • Dec 2007
    • 6562

    #2
    http://charts3.barchart.com/chart.asp?vol=Y&jav=adv&grid=Y&divd=Y&org=stk&sym= GCJ9&data=H&code=BSTK&evnt=adv

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    • liberty
      Senior Member
      • Dec 2002
      • 345

      #3
      The broad financial markets are likely to continue to fall for the next several weeks and months. After that, I suspect we are going to have a very significant suckers' rally. Investors should use that rally as an opportunity to unload their stakes in the broad market and pick up some gold.

      The only thing that could stall a market drop at this point is for the Obama administration to shut up for a few months and do nothing. Their meddling is a tremendous negative for financial markets, least of all because Obama's people seem to keep changing their game plan every five minutes. Having said that, I don't expect their approach to change.

      Comment

      • ado089
        Senior Member
        • Aug 2004
        • 1754

        #4
        Gold's not going to help much in a deflationary environment. Bonds will be the only place to be once intrest rates explode.

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