Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (108532)	4/9/2018 11:58:18 AM
From: Goldilocks	Respond to of 116923

RN, in 1974, after the MinSec failure we thought global economic collapse was imminent. It was dire. But, it all came back from the brink.

To: Real Man who wrote (108532)	4/9/2018 12:02:59 PM
From: Rarebird	Read Replies (1) \| Respond to of 116923

Yes, I think it was 1972-1974. I remember sitting in Marty Zweig's class at NYU and he was talking about how the S&P fell close to 50% and there was no recession, economy was fine. I think it was nifty 50 era. I could be off on the two year period, but it was in the 70s, probably during the Nixon crisis and impeachment proceedings. That can happen here with Trump, especially if the Dems sweep the House and possibly the Senate and they start going after Trump big time. All I'm saying is that there is a history to this and it can happen again without a recession.