Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (28745)	2/13/2003 11:32:29 PM
From: elmatador	Read Replies (1) of 74559

The Bust is already completed. The Bust is already priced in. Dollar devalued 21%. The 50 biggest stock exchanges have lost USD4.7 trillion on top of the USD9.8 trillion result of the bubble bursting. Gold already jumped from USD282 to USD372. Gold, the last refuge of the savings in panic, climbed 32%. Oil, war currency, jumped already 77% from USD19.10 to USD33.60. Oil can't climb more. Brent above USD35 for months will cause a wave of conservation and search for alternatives. Now what, after Axis of Evil results are already priced in? Equities? Do you want to buy a share on the companies' debt to its soon to be pensioners? Or do you prefer to buy a share on the companies still with lots of goodwill write downs plus write downs of foreign investments propped by the bubble? This thread should be thinking real hard on what is going to be the next 18 months.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next