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RE Market shift. guesses as to what is coming
Just a fun thread on guessing what is coming soon. Whether as mundane and boring as a correction in the DOW or as exciting as an Israeli attack on Iran or maybe a Chinese takeover of Taiwan.
My guess is just an unwinding of commercial real estate derivatives leading to another banking crisis with bailout and a 5000 pt correction in the DOW over the next 3mos.
A penny of fiat currency for you thoughts. Extra penny if it's funny/sarcastic.
Print
... Is this the next Lehman?
If Goldman Sachs can make out sh*tload of $$$$ out of it... of course it is!
A penny of fiat currency for you thoughts. Extra penny if it's funny/sarcastic.
A penny is more than fiat its a reasonable piece o'copper
A penny of fiat currency for you thoughts. Extra penny if it's funny/sarcastic.
A penny is more than fiat its a reasonable piece o'copper
A penny of fiat currency for you thoughts. Extra penny if it's funny/sarcastic.
A penny is more than fiat its a reasonable piece o'copper
actually since 1982 a penny is mostly zinc, but my penny offer is in paper
- The second leg down in the markets is coming. A retest of the March lows.
- The dollar is going to rally 30%+ in value.
- Oil is headed for $30-40/brl range.
- Silver is headed to under $5/oz.
- Spot Gold is an unknown at this point.
- Paper gold and gold miners will sell off initially, but be quick to recover.
- Everything that you feared to invest in will prosper. Everything that you thought was a safe investment will tank.
The Gov/Fed needs a reason to start Round 2 of inflationary policy, this will be it.
My deflation adjusted 2 cents (worth a buck twenty when this is over)
Captain Sheeple
I just can't imagine that we are going to go through last year's deleveraging event all over again, and that everything will play out this time like it did the last time. I know that everything has been trading in lockstep, but with all of the rumblings about our dollar and printing and budget deficits, I just can't get myself to believe that every asset class in every country will all move down together, again.
And that's my inflation adjusted .02 (worth $2,222,222,22.02 when this is over)
Don't Steal. The Government hates Competition.
Location: Middlebury, CT
I like JAG's prediction, but JoeManc wins the inflation adjusted 2c battle.
And that's my inflation adjusted .02 (worth $2,222,222,22.02 when this is over)
LOL! Too funny Joe.
I think it will play out the same because it really never ended. Everything moved in lockstep fashion up, and then down, and then up again. This is the hallmark of a credit market bubble, not an asset bubble.
Spot Gold is the wild card IMO. Will it hold its purchasing power or will it sell off initially with the paper gold/gold miner ETFs?
I think its going to hold, too much uncertainty and fear headed our way.
Just a guess.
Captain Sheeple
I love this site! You guys and gals make my day because as bad as things may be/get you can add the appropriate humor to carry the day. Thanks Chris for a well timed bit of research and comment.
Coop
Wall street journal just reported the CIT declared Chapter 11 bankruptcy one hour ago at 6PM eastern today (Sunday). Is this the next Lehman?
wsj.com