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Don't Americans see it?
- Thread starter studyandtrade
- Start date
Quote from studyandtrade:
I am astonished! The value of the US$ has declined rapidly over the last 4 years despite the daily super bullish stories of the politicians. Prices of anything you can think of are going up. People still don't question what's happening; in the contrary, they invest everything they have in an overvalued stock market. It's the biggest bubble next to the housing bubble.
In the mean time gold is in a true bull trend since 2001. Nobody seems to take note of it.
Where will this end?
I see it, studyandtrade. Now I will be the first to tell you that I am no genius, not even close, but the writing is on the wall and there are many smart minds that would agree with you.. My best advise to you would be to not worry about getting people to believe. Position yourself wisely, be patient, and the money will come. Don't let a slight January market rally confuse you. Get short and get paid!!!!!
Quote from CoolTrader:
Stock market: It's not overvalued at current level, where PE of SP 500 is below 20.
Housing: Although bubble only exists in some regions, the impact of bubble burst could spread to rest of the country. Will that cause a recession?
Dollar: The government has to balance the budget at some point, as we approach the borrowing limit. It's interesting to see what politicians would do after Bush's term, deficit should be a hot topic in the next election.
if earnings drop the S&P is overvalued...
Quote from Hydroblunt:
Im just curious have you even checked the yearly charts for $ vs Euro and Yen? Dollar been rallying for the last year, where were all the doom & gloom en masse when the dollar was making lows.
Very funny.
the dollar going up last year means it can drop more this year.
it was like in 99 when everyone was saying stocks are going higher blah blah new economy blah blah. i'm making a killing going long webvan. oops its 2001, i'm flipping burgers
US Companies with operations abroad continue to make money. Why do you think the corrupt politicians are doing everything to get them to repatriate those earnings back to the US?
Jobs were lost abroad due to NAFTA which was the brain child of Clinton during his time. Too late to whine and cry now for the liberal labor unions----Ross Perot saw the jobs going abroad. I saw it myself but, everyone did not care until now!!! LOL
Still, I do not understand all the whining. If you are an investor----you put your money where you feel the next big thing is coming like real estate, gold, oil, etc.
That is where my focus is. All this whining is not going to put money in your pockets!!!
Jobs were lost abroad due to NAFTA which was the brain child of Clinton during his time. Too late to whine and cry now for the liberal labor unions----Ross Perot saw the jobs going abroad. I saw it myself but, everyone did not care until now!!! LOL
Still, I do not understand all the whining. If you are an investor----you put your money where you feel the next big thing is coming like real estate, gold, oil, etc.
That is where my focus is. All this whining is not going to put money in your pockets!!!
Sharkbites,
I will take a stab on non infastructure crap
1. The War in Iraq
2. Needless pork project, ie Mary Landrow in LA wanting an alligator research lab wrapped into New Orleans reconst. project
3. Building 40 mil fighter planes
Not trying be socialist by any means, but some of that money spent on stuff above could be used for crumbling bridges and roadways.
I will take a stab on non infastructure crap
1. The War in Iraq
2. Needless pork project, ie Mary Landrow in LA wanting an alligator research lab wrapped into New Orleans reconst. project
3. Building 40 mil fighter planes
Not trying be socialist by any means, but some of that money spent on stuff above could be used for crumbling bridges and roadways.
Quote from flyingiguana:
the dollar going up last year means it can drop more this year.
it was like in 99 when everyone was saying stocks are going higher blah blah new economy blah blah. i'm making a killing going long webvan. oops its 2001, i'm flipping burgers
Hope you take all your capital to the markets with that idiotic reasoning cause Im sure others are more than willing to take it.
Dollar has been bouncing from its lows a year ago after a 4 year downtrend which is nothing like the continuous run up of stocks from early 1990s with a quick dive in 1998 and then a blow off bubble in 2000. So before you make these analogies, get a clue. How do you know that it isnt the Euro that is way overvalued due to the fact that it is a new currency that could have just gotten hot just like junk bonds back in 1980s and traded above value just because ppl find it interesting & innovative.
Im no currency trader, nor do I want or try to be but before I start screaming an end to USA, I look at the charts and they speak otherwise, for now. As long as the major global US based companies are doing their accounting in dollars, it aint going nowhere. Let the government go bankrupt, the big business lobbyists run this country anyway.