Viewing 14 posts - 16 through 29 (of 29 total)
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  • #43339
    Profile photo of Roadracer
    Roadracer
    Survivalist
    member7

    I suspect that we are headed for a period of wild swings up and down. Even during the Great Depression there were periods where the market made big swings upward. The instability of the market erodes confidence. People start holding back on spending, which exacerbates the economic slowdown and then it becomes a downward spiral.

    The central banks can’t have to much ammunition to continue to kick the can down the road. Woe to the Fed Chairperson who has to tell the Anointed One that there are no more economic bullets in the gun.

    #43340
    Profile photo of freedom
    freedom
    Survivalist
    rnews

    Well even with the FED’s PPT the Dow closed lower then Friday at -588.
    This all points to trouble and an economical collapse coming soon.

    Matt76 we still are not in Sept!!!! We will see what will happen then.

    #43343
    Profile photo of MountainBiker
    MountainBiker
    Survivalist
    member10

    Roadracer is right that we should expect swings. The overall trend will be downward, but there will be up days along the way.

    Trying to guess how far it might drop or how fast it might happen is perhaps human nature but I think our focus should be on watching for signs of societal unraveling. The drops have been significant in recent days for sure but the grocery store shelves are full, there are not lines at the gas station, Fedex is still coming up the road daily making deliveries as is our mail lady. And so forth. Fortunes may be being lost of Wall St. but on Main St. life is still normal. That’s what we should be watching for……are the wheels coming off in everyday life.

    #43345
    Profile photo of 74
    74
    Survivalist
    rnews

    MB,
    I think when we hear news of banks being hurt, closing or taking drastic action to consolidate losses we should all know that it is upon us.

    #43346
    Profile photo of freedom
    freedom
    Survivalist
    rnews

    MB, Main St will take some time before we see things go higher or collapsing. The market will collapse slowly in the next 12 months all over the world. This collapse will be long. It will start with a rescission that will slowly collapse into a depression. How fare will it go no one knows.

    #43349
    Profile photo of MountainBiker
    MountainBiker
    Survivalist
    member10

    Yes, banks taking drastic actions would definitely be a major sign of an unraveling being underway. We just need to keep our eyes open for economic or societal dislocations or disruptions outside of current norms. A local one that I will watch is property tax collections. We just sent this year’s bills out last week and so I will be curious come the due date as to whether the delinquency rate is higher than normal.

    #43352
    Profile photo of Brulen
    Brulen
    Survivalist
    member9

    Computers think faster than humans. Every day from now on will be a crash unless they turn them off. Not to likely.

    #43360
    Whirlibird
    Whirlibird
    Survivalist
    member10

    Hmm,
    The great selloff seems to be over. Over 16, 000 again.

    http://finance.yahoo.com/news/markets-surging-104721087.html

    An interesting read.

    Note also other articles that show people abandoning china, they will be investing in somewhere else. Any bets its the US market?

    #43364
    Robin
    Robin
    Survivalist
    member8
    #43366
    Profile photo of
    Anonymous
    Survivalist

    … as gold plummets following a brief and not terribly exciting spike up….

    But the markets are not being manipulated. We’ve been told that, so we can trust them. [sarc/off]
    (See attached graphic for further commentary on “the news.”)

    (Sorry ’bout the doubled attachment. I forgot to edit out the white space in the first one, added the 2nd one, but can’t get rid of the first one. How does one delete an attachment – help? Thanks.)

    #43388
    Profile photo of freedom
    freedom
    Survivalist
    rnews

    Well it went down Dow -204, five days going down. I think this is not looking very good. Dow down over 14% for the year.

    #43393
    Profile photo of Brulen
    Brulen
    Survivalist
    member9

    The Fed is out of ammo? You think. (Their bunker blew up) just like one in China and oh yeah one in Japan. Can’t imagine where the next bunker explosion will be….

    #43400
    Profile photo of Brulen
    Brulen
    Survivalist
    member9

    China has dumped 100 billion in U.S. Treasuries in the last two weeks. Nah couldn’t have anything to do with Tianjin explosion August 12. But it makes sense the nbc cleanup will cost a lot.

    #43403
    Profile photo of
    Anonymous
    Survivalist

    Moving into the realm of off-the-wall conspiracy theory, one might say the massive Chinese explosion seems reminiscent of the 2004 massive North Korean train explosion in which Syrian missile personnel were reportedly killed, while apparently accompanying some advanced SCUD missiles bound for the middle east. Who knows….
    http://www.nknews.org/2013/06/the-odd-tale-of-a-lone-israeli-spy-and-north-korea/

    And both could have been “simply” the result of poor safety standards and stupidity in countries where human life is of no value.

    Meanwhile, gold and silver are WAY down, the Dow is up, and oil and the $US are both down considerably. The euro, of all things, is being seen as a “safe haven” by some, at least for the moment.

    If none of that makes sense to you, you’re right. Just be a Boy Scout and “be prepared.”

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