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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: elmatador who wrote (67849)11/7/2010 4:35:42 PM
From: paintbrush  Read Replies (1) of 217711
 
All of this could happen with in a two week time frame:

If China says "No more bonds", Wall Street panics, rumors are happening, Asian markets start to fall. Dollar drops. Dow plunges and markets close the first 20 minutes on Monday, Gold up. Markets unable to open the next Monday, emergency Fed meeting on a Saturday, markets open late. All is quiet because it's over? Market rallies because you buy on the dip, more quiet. Suddenly dollar plunges 10-15 %, markets fall 500 points, Fed meets again on a Saturday, Fed raises interest rates 5-6% to attract buyers, but there are no buyers. GLOBAL MELTDOWN, market drops 300%. IMF and G20 meet to totally restructure a NEW WORLD ORDER, public panics because it's all over the internet and television and there is a run on the banks to find there is no money. It's all about liquidity.

Then there is civil unrest, globally.

Do you have enough food to make it through a crisis? Will Gold or a can of SPAM or bullets be of value? What will be of value when the IMF and G20 get through bankrupting the world?

What can you do about it?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext