I THINK THE MARKETS HAVE TOPPED

Panda, I showed my parents those gold coins, they told me it's actually not that easy to buy those in China since it's considered a collector's item, and those will appreciate faster than regular "paper gold". But if you really want to pick up a couple sets, let me know.
 
[quote author="BondTrader" date=1256787347]Panda, I showed my parents those gold coins, they told me it's actually not that easy to buy those in China since it's considered a collector's item, and those will appreciate faster than regular "paper gold". But if you really want to pick up a couple sets, let me know.</blockquote>


Thanks BT.



Dude, a massive sell off today with nasaq down 2.67% and the our dollar rise only.4%. What more proof do you that that our dollar is incredibly sick right now. I wouldn't be suprised to see the dollar and U.S stock market moving downward simultaneously. Scary stuff I tell ya.





Yeah, I'll PM you later about those Panda gold coins. Dude how come you are using two ids: BondTrader and Iceman? Last time i did that with QHSurfer and Panda, Graphix practically raped me in the public. You have to be careful bro :)
 
[quote author="PANDA" date=1256788419][quote author="BondTrader" date=1256787347]Panda, I showed my parents those gold coins, they told me it's actually not that easy to buy those in China since it's considered a collector's item, and those will appreciate faster than regular "paper gold". But if you really want to pick up a couple sets, let me know.</blockquote>


Thanks BT.



Dude, a massive sell off today with nasaq down 2.67% and the our dollar rise only.4%. What more proof do you that that our dollar is incredibly sick right now. I wouldn't be suprised to see the dollar and U.S stock market moving downward simultaneously. Scary stuff I tell ya.





Yeah, I'll PM you later about those Panda gold coins. Dude how come you are using two ids: BondTrader and Iceman? Last time i did that with QHSurfer and Panda, Graphix practically raped me in the public. You have to be careful bro :)</blockquote>


Oh, I forgot my Bondtrader login password after I left PL and Zovell helped me yesterday to reset the password, so now I'm back as Bondtrader.

I hear you, the Fed can play this balancing game (equity market vs. dollar) for so long and eventually they will fail to support both. And that's when your gold will really start to shine.
 
[quote author="BondTrader" date=1256790827]Oh, I forgot my Bondtrader login password after I left PL and Zovell helped me yesterday to reset the password, so now I'm back as Bondtrader.

I hear you, the Fed can play this balancing game (equity market vs. dollar) for so long and eventually they will fail to support both. And that's when your gold will really start to shine.</blockquote>


I'd like to thank you again for remaining willing to share your views here. I hope you get back to work soon.
 
[quote author="PANDA" date=1256642155]gypsyuma,



In all seriousness you have to do your own research and not just rely on what people say on IHB.

Awgee's opinion may be different from mine. If you invest $100,000 in gold, can you stomach the short term loss when your investment drops to $70,000 because it certainly can happen just like it did back in October. Just make sure that you do your full due diligence and your own research before making any major moves.



Panda's .02 cents</blockquote>


I have no disagreement with any of the above.
 
[quote author="BondTrader" date=1256787347]Panda, I showed my parents those gold coins, they told me it's actually not that easy to buy those in China since it's considered a collector's item, and those will appreciate faster than regular "paper gold". But if you really want to pick up a couple sets, let me know.</blockquote>


I do not know about the Pandas, but my reading has told me that one can buy small bullion bars in the banks in China, and the government is encouraging and supporting the sales.



Pandas may be bought on Ebay.
 
[quote author="awgee" date=1256800068][quote author="BondTrader" date=1256787347]Panda, I showed my parents those gold coins, they told me it's actually not that easy to buy those in China since it's considered a collector's item, and those will appreciate faster than regular "paper gold". But if you really want to pick up a couple sets, let me know.</blockquote>


I do not know about the Pandas, but my reading has told me that one can buy small bullion bars in the banks in China, and the government is encouraging and supporting the sales.



Pandas may be bought on Ebay.</blockquote>


I dunno about buying Pandas on eBay, but the opening of the Asian market is looking seriously ugly today.



Nikkei 225 ( Japan ) down 2.22%

Hang Seng (Hong Kong) down 1.84%

Kospi (Korea) down 2.79%



and Mr. Peter Schiff thinks that the U.S. market will be going down while the Asian market continues to rally to the moon. Yeah right! I will give me him credit for predicting the U.S. stock market crash in '07, but he was wrong telling his clients to move the assets into foreign stocks (especially Asia) while Asian stocks crashed twice as hard. In his new book Crash Proof 2.0. he boldy predicts the same thing that the U.S. stock market will crash for the second time while foreign stocks will be untouched and will rally to the moon. I think he will be wrong for the second time. Since 2005, I used to be a big fan of Peter Schiff, but now days, i think his head has gotten way too big.
 
Sometime in the near future, I predict that a major bank crisis in Europe (much like that of Lehman, Bear Sterns), will trigger a worldwide crash first in Europe than into North America, Asia, and then into Emerging Markets. This event will take many Americans by surprise. I see the Asian Tigers to be the first to stand on their feet after the worldwide crash. I also see a major trade war or geopolitical event involving the U.S. sometime in the next three years. Interest rates in the U.S. will start rising in the private sector and then among major governments in Europe and in the U.S. The rising rates trigger further real estate declines around the world just as the economy and real estate appreared to be recovering, which means good news for all of us waiting to buy an Irvine home in 2012.
 
I think at this juncture it will be too early to say that "THE MARKETS HAVE TOPPED".

Still it will go through a bad time, as i believe. One thing is very much clear that now Global market is playing a key role in stablity.

It is not like that is govern by a single market. Brazil, chine and Indian market are also making a big factor behind it fluctuation.
 
I am gonna stick to my calls. Falling dollar, budget deficit and all.



<a href="http://www.nyt.com/1995/05/07/business/investing-it-why-does-market-keep-going-up-when-economic-trends-are-pointing.html?scp=5&sq=european inflation indexed bonds&st=nyt&pagewanted=all">Why Does the Market Keep Going Up . . . When Economic Trends Are Pointing Down</a>



<strong>No indicator of American economic decline stands out like the fallen dollar</strong>. Where just months ago commentators were aghast at the prospect that the greenback might slip below 100 Japanese yen, they are now wondering whether it will ever again see the light above 85 yen. Indeed, if the dollar hadn't fallen 15 percent against the yen since Dec. 1, hardly anyone would be puzzled why the Dow Jones industrial average had risen 16 percent in the same period.



Opps, I posted and old article. This was written <span style="color: red;"><strong>May 7, 1995</strong></span>, during a dollar collapse, financial collapse and a housing collapse, just before the DOW did this...
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<legend> Attached files </legend> <a href="http://www.talkirvine.com/converted_files/images/forum_attachments/494_oZ8ZJxzeFxKnVLDtCjui.gif"><img src="http://www.talkirvine.com/converted_files/images/forum_attachments/494_oZ8ZJxzeFxKnVLDtCjui.gif" class="gc-images" title="dow595.gif" style="max-width:300px" /></a> </fieldset>
 
You mean market will keep going up, right? Like 1995 -2000, 5 years bull







[quote author="morekaos" date=1258159705]I am gonna stick to my calls. Falling dollar, budget deficit and all.



<a href="http://www.nyt.com/1995/05/07/business/investing-it-why-does-market-keep-going-up-when-economic-trends-are-pointing.html?scp=5&sq=european inflation indexed bonds&st=nyt&pagewanted=all">Why Does the Market Keep Going Up . . . When Economic Trends Are Pointing Down</a>



<strong>No indicator of American economic decline stands out like the fallen dollar</strong>. Where just months ago commentators were aghast at the prospect that the greenback might slip below 100 Japanese yen, they are now wondering whether it will ever again see the light above 85 yen. Indeed, if the dollar hadn't fallen 15 percent against the yen since Dec. 1, hardly anyone would be puzzled why the Dow Jones industrial average had risen 16 percent in the same period.



Opps, I posted and old article. This was written <span style="color: red;"><strong>May 7, 1995</strong></span>, during a dollar collapse, financial collapse and a housing collapse, just before the DOW did this...</blockquote>
 
I don't see much fuel. One big difference is demographics. In 1995 boomers were coming into their strongest earning years. Right now they see retirement on the horizon and find their appetite for risk largely diminished. Surveys show boomers don't plan to retire at 65, and I can't believe it's because they all love their jobs so much. Boomers' lessons in the stock market taught them it was a good place to be. The lessons being learned by younger generations might be quite the opposite. Add to that the fact that real incomes have gone nowhere in a decade and unemployment will likely be double digits for at least a few more years.
 
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