Quote from gnome:
NO CRASH!
Not until:
(1) The world has given up on the $USD...
Quote from EdgeHunter:
Completely Agree... When the world call's USA's bluff on the Dollar... Whenever that is... as it always has with FIAT CURRENCIES... then its like Japan from 1989 until now for the USA...
This will unravel the hidden debt USA owes and the game is up...
Until then Business as usual and Dow 20,000 or whatever...
http://www.gold-eagle.com/editorials_04/greene032104.html
<img src="http://www.enflow.com/p.gif">
Quote from gnome:
NO CRASH!
Not until:
(1) The world has given up on the $USD, and
(2) The world has lost confidence in the Fed counterfeiting machine.
When those happen, there will be a crash which nothing will be able to stop.
Quote from silk:
I can see a Crash happening in the next 3 weeks. But it will feel like more of a crash in emerging markets than in the U.S. Stock Market.
It will look like this.
Euro $1.36. YEN 112
S&P 1480
Shanghai 4800. India/Austrail down 15%
Carry trade favorites. PCU, BHP, RIO, AKS, X, GLD, OIH, NOV, SII, WFT, DE, FCX
Along with other favorites stocks that mysteriously always seem to be up regardless of anything. RIMM, GS, AAPL, AMZN and all your other favore stocks that everyone knows are like 30% higher than any rational person should be paying will all be killed.