SI
SI
discoversearch

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 : Quarter to Quarter Aggressive Growth Stocks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Jack Hartmann10/19/2009 11:02:47 AM
  Read Replies (1) of 6925
 
The intersection of Gold and the S&P 500 makes me wonder which has the best chance to go to $500 or $1500.
The CPI dropped last year so inflation was not a threat.
People I know who are finding work are taking 25-50% pay cuts.
My city of Dekalb has a foreclosure rate up 163% from last year. If the house is under $120k, it sells quickly. The $8000 buyer bonus and FHA are getting many to the $120k level with jobs paying $40k-60K a year.
IL unemployment jumped from 10.0% to 10.5% at the end of September.
Essentially IL is borrowing $4.5 billion a year from pension funds because of the inability to make cuts and tough decisions.
This seems so much like the late 70s where utilities and energy were the best plays. The biggest difference is no inflation. I don't remember a period with no inflation and double digit unemployment.
I can see IL pass medical marjiauna to create more revenue.
IN and MO still are in the black. Maybe we can trade legislators.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext