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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (92987)	7/27/2011 10:35:34 PM
From: Fiscally Conservative	Read Replies (2) \| Respond to of 94695

At first, Gold and Silver will fall due to market confusion and the premise that all ports of call are effected. Afterward Gold and Silver should rebound but hard to say. Who knows? In an inflationary economy most asset classes rise and stocks tend to fall. Stocks are not assets. Contrary to popular fiscal beliefs companies sporting PE multiple of earnings and sales are not viable asset classes. Hard assets would be what you can touch taste and smell and convincing others that having them are a nescessitiy. Remove Wall St from the equation and we might get back to proper asset valuation metrics. So this will need to play out in the coming unfolding of the fiscal debacle. This market is an overbloated pig so we could drop a lot. Prices tend to rise due to the many hands taking a piece of the action bringing a product to market; trickle up economics. Folks need to get paid to pay their debts and taxes which will surely rise. As a country we need to pay down our debt. This can no longer be ignored. The power elite was able to circumvent inflationary consequences by flooding the market with cheap dollars and financing growth on borrowed funds for far too long now. And where did it get us? But what it did do was take care of the power elite's fiscal woes and transfer them to the rest of us average slobs,gg. This has been an utter failure of epic proportions! The buck stops here and now. This is what will come out of the debate of the raising of the debt ceiling. The baby boomers want out. But what these folks fail to understand is the market knows they want out. So who do you think they will be able to sell their goods too? Who will step up and pay these Price to Earnings multiples in the coming depression, lol. It is a joke, and to think otherwise is simply foolish, and fiscally dangerous to your net worth imo. Lol..., this market is burnt toast!