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gracie
Participantwhat else should we do to prepare?
gracie
Participantwhat else should we do to prepare?
gracie
Participantwhat else should we do to prepare?
gracie
Participantwhat else should we do to prepare?
September 28, 2008 at 9:39 PM in reply to: Roubini on the current economic situation, with predictions #276883gracie
Participant[quote=peterb]I have been researching this issue quite a bit lately. The last 3 recession have seen gold go down in price for the duration of the recession. 1972, 1980 and 1990. So Roubini has recent history on his side for this call.
However, economic historians with strong forecasting skills like Bob Hoye and Marc Faber say that gold increases in price after a large credit bust like what we’re having right now. (This is a far more rare event than the more typical recessions we’ve seen in the past 30 years.) Both the ElliotWave and Candle Stick charts are extremely bullish for gold right now as well.peterb…what do you think about having cash available? Do you think we will have limited access to cash/atm withdrawls?
I guess we are all just trying to make sense of what could happen. There are so many rumors; I just want to be as best prepared as I can.
September 28, 2008 at 9:39 PM in reply to: Roubini on the current economic situation, with predictions #277140gracie
Participant[quote=peterb]I have been researching this issue quite a bit lately. The last 3 recession have seen gold go down in price for the duration of the recession. 1972, 1980 and 1990. So Roubini has recent history on his side for this call.
However, economic historians with strong forecasting skills like Bob Hoye and Marc Faber say that gold increases in price after a large credit bust like what we’re having right now. (This is a far more rare event than the more typical recessions we’ve seen in the past 30 years.) Both the ElliotWave and Candle Stick charts are extremely bullish for gold right now as well.peterb…what do you think about having cash available? Do you think we will have limited access to cash/atm withdrawls?
I guess we are all just trying to make sense of what could happen. There are so many rumors; I just want to be as best prepared as I can.
September 28, 2008 at 9:39 PM in reply to: Roubini on the current economic situation, with predictions #277157gracie
Participant[quote=peterb]I have been researching this issue quite a bit lately. The last 3 recession have seen gold go down in price for the duration of the recession. 1972, 1980 and 1990. So Roubini has recent history on his side for this call.
However, economic historians with strong forecasting skills like Bob Hoye and Marc Faber say that gold increases in price after a large credit bust like what we’re having right now. (This is a far more rare event than the more typical recessions we’ve seen in the past 30 years.) Both the ElliotWave and Candle Stick charts are extremely bullish for gold right now as well.peterb…what do you think about having cash available? Do you think we will have limited access to cash/atm withdrawls?
I guess we are all just trying to make sense of what could happen. There are so many rumors; I just want to be as best prepared as I can.
September 28, 2008 at 9:39 PM in reply to: Roubini on the current economic situation, with predictions #277192gracie
Participant[quote=peterb]I have been researching this issue quite a bit lately. The last 3 recession have seen gold go down in price for the duration of the recession. 1972, 1980 and 1990. So Roubini has recent history on his side for this call.
However, economic historians with strong forecasting skills like Bob Hoye and Marc Faber say that gold increases in price after a large credit bust like what we’re having right now. (This is a far more rare event than the more typical recessions we’ve seen in the past 30 years.) Both the ElliotWave and Candle Stick charts are extremely bullish for gold right now as well.peterb…what do you think about having cash available? Do you think we will have limited access to cash/atm withdrawls?
I guess we are all just trying to make sense of what could happen. There are so many rumors; I just want to be as best prepared as I can.
September 28, 2008 at 9:39 PM in reply to: Roubini on the current economic situation, with predictions #277204gracie
Participant[quote=peterb]I have been researching this issue quite a bit lately. The last 3 recession have seen gold go down in price for the duration of the recession. 1972, 1980 and 1990. So Roubini has recent history on his side for this call.
However, economic historians with strong forecasting skills like Bob Hoye and Marc Faber say that gold increases in price after a large credit bust like what we’re having right now. (This is a far more rare event than the more typical recessions we’ve seen in the past 30 years.) Both the ElliotWave and Candle Stick charts are extremely bullish for gold right now as well.peterb…what do you think about having cash available? Do you think we will have limited access to cash/atm withdrawls?
I guess we are all just trying to make sense of what could happen. There are so many rumors; I just want to be as best prepared as I can.
September 27, 2008 at 7:35 PM in reply to: Roubini on the current economic situation, with predictions #276448gracie
Participantso…if we are going into a recession…how best to we prepare for it? I noted on other sites that people were recommending stocking up on food; do you make a major purchase…say a new dishwasher or car now…or wait.
What are you folks doing to prepare for a bad economic time?
September 27, 2008 at 7:35 PM in reply to: Roubini on the current economic situation, with predictions #276704gracie
Participantso…if we are going into a recession…how best to we prepare for it? I noted on other sites that people were recommending stocking up on food; do you make a major purchase…say a new dishwasher or car now…or wait.
What are you folks doing to prepare for a bad economic time?
September 27, 2008 at 7:35 PM in reply to: Roubini on the current economic situation, with predictions #276722gracie
Participantso…if we are going into a recession…how best to we prepare for it? I noted on other sites that people were recommending stocking up on food; do you make a major purchase…say a new dishwasher or car now…or wait.
What are you folks doing to prepare for a bad economic time?
September 27, 2008 at 7:35 PM in reply to: Roubini on the current economic situation, with predictions #276756gracie
Participantso…if we are going into a recession…how best to we prepare for it? I noted on other sites that people were recommending stocking up on food; do you make a major purchase…say a new dishwasher or car now…or wait.
What are you folks doing to prepare for a bad economic time?
September 27, 2008 at 7:35 PM in reply to: Roubini on the current economic situation, with predictions #276770gracie
Participantso…if we are going into a recession…how best to we prepare for it? I noted on other sites that people were recommending stocking up on food; do you make a major purchase…say a new dishwasher or car now…or wait.
What are you folks doing to prepare for a bad economic time?
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