Well I won't stick my neck out that far just yet but every indication is that it's going to be highly volatile week at the very least. If the last few years have taught us anything it is to not underestimate the central bank's ability to print even more vast quantities of monopoly money to cover up the failures of fiat policy.
After closing out last week on the DJIA with two down days in a row and Friday alone down 318 points; the DJIA futures are showing an opening position down a further 335 points as of 3:00 PM EDLST. If fact all of the markets (those covered on Bloomberg at least) with the exception of China's smaller CSI index, are showing in the red across the board.
More @ Joe Martin's Ghost
The DOW could collapse to 3K and the media/Democrats/Obama would blame it on Repubs and Bush...If they covered it all..
ReplyDeleteBTW, I just returned to the peoples republik of Kalifornia from our trip to your state. Some times, you must leave your AO to see the loss of freedoms you're living in. NC has lost SOME freedoms but they are getting them back. CA is past the point of no return now. Please man, fight in your state to keep them from FKING up my home state. Fight like your kids life depends on it because it sure as hell does... Miss that place already.
I thought it was going to 3K last time and hey why didn't you let me know you were coming?
DeleteAs I said in the first paragraph don't underestimate the FED's ability to pump and dump monopoly money. They are also more than capable of starting another fracking war to cover their corruption. The bombing of Somolia has already started.
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