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Strategies & Market Trends : Financialsense (FSO) - Jim Puplava forum -- Ignore unavailable to you. Want to Upgrade?


To: the navigator who wrote (24)12/4/2007 12:51:38 AM
From: sea_biscuit  Respond to of 125
 
Yes, I heard that. So I guess this Dow 15000 or Dow 17000 thing is related to the upcoming hyperinflation? That is the only way it makes sense. I have heard some commentators on FSO say that the markets will rise but it will not be a "prosperity" bull-market; instead it will be a hyperinflationary one. Interesting.

I must say that every Friday late night, I eagerly look forward to Puplava's weekend updates. The mp3 links become active generally by about 10pm Pacific Time and only after I load them to my mp3 player do I go to sleep!



To: the navigator who wrote (24)12/5/2007 1:22:03 PM
From: sea_biscuit  Read Replies (2) | Respond to of 125
 
I don't know if Jim has said anything about this - if the Dow does get to 15000 or 17000 very soon, it would have kept up with inflation (the real inflation that people experience, not the phony inflation numbers conjured up by the BLS). So the question is - at what point of the hyperinflationary recession/depression will stock-market gains fail to keep up with inflation? Has this been addressed by Jim anytime?



To: the navigator who wrote (24)12/6/2007 4:31:19 PM
From: sea_biscuit  Read Replies (1) | Respond to of 125
 
Crude oil is back above 90 now. Went up by more than 3% today. Is this the end of the oil correction? Will be interesting to see what Jim says in tomorrow's podcast.

To put things in perspective, today's oil price is about 12% higher than what it was 2 months ago. So I find it somewhat amusing to see folks on bubblevision celebrate the "decline" of crude oil prices!