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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 443.60+1.5%Jan 21 4:00 PM EST

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To: KyrosL who wrote (93401)8/13/2012 8:55:38 AM
From: elmatador1 Recommendation  Read Replies (1) of 219612
 
"On the plus side we also believe we are much closer than before to the beginning of a bull market of perhaps 1982, if not 1932, proportions."

Who is this crazy man who wrote that? Who is he trying to fool?

Does he know the fundamentals that propped bull market 1982?

I will tell you.

Paul Volcker jacked up interst rates to stratosphere and the US sucked the rest pof the world dry of capital.

That sent the US economy -real US economy, the one that generate tax revenues and jobs- on a nose dive.

US economy was downsizing, re-engineering, hollowing out and being exported during the 80s as a result.

I there anyone down here who was an adult then? I mean an adult of average intelligence with educated enough to do some reading.

When I read such statements I lose my faith in the human race. Perhaps the society has become too complex for people to grasp it.
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