Quote from tommo:
Kassz007 ,
i agree, im not saying the economy isnt in a mess and financial meltdowns make for great conversations. But the worst rarely happens when everyone expects it, usually comes up and bites you on the ass when you least expect.
The markets where called higher and higher going into 07 and look what happened. For the past few years everyone has been saying how this is the end of the financial world and people dont even trust banks with savings accounts and the market has rallied.
Im just trying to get to the bottom of what will cause the meltdown so many people seem to be expecting. Printing money is an answer I have got. But that has been happening for 2 years and hasnt caused the markets to crash. When does it stop making the markets go up?
your question should be when will gold stop going up? Doomsday is coming. My forecast shows SP 500 bottom around 450-550 before spring 2011