[socrattt]

[quote=Eugene][quote=sdrealtor]I guess were in this together. I dont necessarily beleive a big drop is immenent but rather I dont see any upside in the next few months [/quote]

The recession just ended, we had two months of nationwide home price growth, we’ll have at least two more, consumer confidence is on the rise, unemployment rate seems to have peaked in June … (we’ll get a clearer picture of that in a week, when they release August unemployment rate.)

The market may be overbought, but to say that there’s no upside potential in the next few months, that’s just wrong.[/quote]

Eugene is that a joke? That might be the silliest thing I have heard all day. The recession has ended? You have been watching way too much TV? Do yourself a favor a read the real facts. Consumer confidence reflects very little if you ask me. It sounds great on paper, but when we get down to the numbers we see that unemployment is fudged, the FDIC is broke and we have yet to see the worst of the mortgage crisis. These few things added to a Goldman Sachs controlled stock market we will see some big changes in the fall. It may not be a hell drop like it was at the end of 2008, but it will definitely be worse in the fall! I think you may be alone with your ideas.

[socrattt]

[quote=Eugene][quote=sdrealtor]I guess were in this together. I dont necessarily beleive a big drop is immenent but rather I dont see any upside in the next few months [/quote]

The recession just ended, we had two months of nationwide home price growth, we’ll have at least two more, consumer confidence is on the rise, unemployment rate seems to have peaked in June … (we’ll get a clearer picture of that in a week, when they release August unemployment rate.)

The market may be overbought, but to say that there’s no upside potential in the next few months, that’s just wrong.[/quote]

Eugene is that a joke? That might be the silliest thing I have heard all day. The recession has ended? You have been watching way too much TV? Do yourself a favor a read the real facts. Consumer confidence reflects very little if you ask me. It sounds great on paper, but when we get down to the numbers we see that unemployment is fudged, the FDIC is broke and we have yet to see the worst of the mortgage crisis. These few things added to a Goldman Sachs controlled stock market we will see some big changes in the fall. It may not be a hell drop like it was at the end of 2008, but it will definitely be worse in the fall! I think you may be alone with your ideas.

[socrattt]

[quote=Eugene][quote=sdrealtor]I guess were in this together. I dont necessarily beleive a big drop is immenent but rather I dont see any upside in the next few months [/quote]

The recession just ended, we had two months of nationwide home price growth, we’ll have at least two more, consumer confidence is on the rise, unemployment rate seems to have peaked in June … (we’ll get a clearer picture of that in a week, when they release August unemployment rate.)

The market may be overbought, but to say that there’s no upside potential in the next few months, that’s just wrong.[/quote]

Eugene is that a joke? That might be the silliest thing I have heard all day. The recession has ended? You have been watching way too much TV? Do yourself a favor a read the real facts. Consumer confidence reflects very little if you ask me. It sounds great on paper, but when we get down to the numbers we see that unemployment is fudged, the FDIC is broke and we have yet to see the worst of the mortgage crisis. These few things added to a Goldman Sachs controlled stock market we will see some big changes in the fall. It may not be a hell drop like it was at the end of 2008, but it will definitely be worse in the fall! I think you may be alone with your ideas.

[socrattt]

[quote=Eugene][quote=sdrealtor]I guess were in this together. I dont necessarily beleive a big drop is immenent but rather I dont see any upside in the next few months [/quote]

The recession just ended, we had two months of nationwide home price growth, we’ll have at least two more, consumer confidence is on the rise, unemployment rate seems to have peaked in June … (we’ll get a clearer picture of that in a week, when they release August unemployment rate.)

The market may be overbought, but to say that there’s no upside potential in the next few months, that’s just wrong.[/quote]

Eugene is that a joke? That might be the silliest thing I have heard all day. The recession has ended? You have been watching way too much TV? Do yourself a favor a read the real facts. Consumer confidence reflects very little if you ask me. It sounds great on paper, but when we get down to the numbers we see that unemployment is fudged, the FDIC is broke and we have yet to see the worst of the mortgage crisis. These few things added to a Goldman Sachs controlled stock market we will see some big changes in the fall. It may not be a hell drop like it was at the end of 2008, but it will definitely be worse in the fall! I think you may be alone with your ideas.

[socrattt]

[quote=Eugene][quote=sdrealtor]I guess were in this together. I dont necessarily beleive a big drop is immenent but rather I dont see any upside in the next few months [/quote]

The recession just ended, we had two months of nationwide home price growth, we’ll have at least two more, consumer confidence is on the rise, unemployment rate seems to have peaked in June … (we’ll get a clearer picture of that in a week, when they release August unemployment rate.)

The market may be overbought, but to say that there’s no upside potential in the next few months, that’s just wrong.[/quote]

Eugene is that a joke? That might be the silliest thing I have heard all day. The recession has ended? You have been watching way too much TV? Do yourself a favor a read the real facts. Consumer confidence reflects very little if you ask me. It sounds great on paper, but when we get down to the numbers we see that unemployment is fudged, the FDIC is broke and we have yet to see the worst of the mortgage crisis. These few things added to a Goldman Sachs controlled stock market we will see some big changes in the fall. It may not be a hell drop like it was at the end of 2008, but it will definitely be worse in the fall! I think you may be alone with your ideas.

[socrattt]

Traditionally asset allocation has been the makeup of a smart investor. I don’t agree with that investment strategy is type of market. This type of market is what I call a “Follow your instincts” market. If your gut tells you to move to all cash then do so. I tried to do this in early 2008 but two of my advisers convinced me otherwise and I lost almost $100K in a 6 month stretch in my retirement. On my non retirement portfolio I followed my own instincts and did very well. sdr I believe you made a wise decision. The equities markets are as much if not more manipulated than the RE markets. The day of reckoning for the markets will be here again soon.

I have been a advocate of gold and silver in the past, but truthfully I believe the ETFs, GLD and SLV, have created an avenue for those to be exploited as well. Manipulation is the name of the game. I wish I was related to Bernanke so I could get some inside tips:).

[socrattt]

Traditionally asset allocation has been the makeup of a smart investor. I don’t agree with that investment strategy is type of market. This type of market is what I call a “Follow your instincts” market. If your gut tells you to move to all cash then do so. I tried to do this in early 2008 but two of my advisers convinced me otherwise and I lost almost $100K in a 6 month stretch in my retirement. On my non retirement portfolio I followed my own instincts and did very well. sdr I believe you made a wise decision. The equities markets are as much if not more manipulated than the RE markets. The day of reckoning for the markets will be here again soon.

I have been a advocate of gold and silver in the past, but truthfully I believe the ETFs, GLD and SLV, have created an avenue for those to be exploited as well. Manipulation is the name of the game. I wish I was related to Bernanke so I could get some inside tips:).

[socrattt]

Traditionally asset allocation has been the makeup of a smart investor. I don’t agree with that investment strategy is type of market. This type of market is what I call a “Follow your instincts” market. If your gut tells you to move to all cash then do so. I tried to do this in early 2008 but two of my advisers convinced me otherwise and I lost almost $100K in a 6 month stretch in my retirement. On my non retirement portfolio I followed my own instincts and did very well. sdr I believe you made a wise decision. The equities markets are as much if not more manipulated than the RE markets. The day of reckoning for the markets will be here again soon.

I have been a advocate of gold and silver in the past, but truthfully I believe the ETFs, GLD and SLV, have created an avenue for those to be exploited as well. Manipulation is the name of the game. I wish I was related to Bernanke so I could get some inside tips:).

[socrattt]

Traditionally asset allocation has been the makeup of a smart investor. I don’t agree with that investment strategy is type of market. This type of market is what I call a “Follow your instincts” market. If your gut tells you to move to all cash then do so. I tried to do this in early 2008 but two of my advisers convinced me otherwise and I lost almost $100K in a 6 month stretch in my retirement. On my non retirement portfolio I followed my own instincts and did very well. sdr I believe you made a wise decision. The equities markets are as much if not more manipulated than the RE markets. The day of reckoning for the markets will be here again soon.

I have been a advocate of gold and silver in the past, but truthfully I believe the ETFs, GLD and SLV, have created an avenue for those to be exploited as well. Manipulation is the name of the game. I wish I was related to Bernanke so I could get some inside tips:).

[socrattt]

Traditionally asset allocation has been the makeup of a smart investor. I don’t agree with that investment strategy is type of market. This type of market is what I call a “Follow your instincts” market. If your gut tells you to move to all cash then do so. I tried to do this in early 2008 but two of my advisers convinced me otherwise and I lost almost $100K in a 6 month stretch in my retirement. On my non retirement portfolio I followed my own instincts and did very well. sdr I believe you made a wise decision. The equities markets are as much if not more manipulated than the RE markets. The day of reckoning for the markets will be here again soon.

I have been a advocate of gold and silver in the past, but truthfully I believe the ETFs, GLD and SLV, have created an avenue for those to be exploited as well. Manipulation is the name of the game. I wish I was related to Bernanke so I could get some inside tips:).

[socrattt]

[quote=weberlin][quote=socrattt][quote=bsrsharma]jonnycsd,

That is an interesting observation about Brazil. I think people have extreme fear of inflation due to stories about Weimar Germany (http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html) and more recently pictures of Zimbabwe’s currency with 15 digits. But U.S. inflation will be more like that in the 1970s, not even as much as Brazil. In fact, I think, people were not in extreme hardship during 1972-82. I don’t think there is any report of widespread homelessness or hunger (like in the 1930s).[/quote]

BS, you talk as if you have a clue about the amount of money being printed. You don’t have a clue nor does anyone here. I think we have printed enough to put us in a Zimbabwe like inflation scenario, but we are using other resources to combat this inflation. Will it get bad? Most likely and when it does it won’t be a walk in the park. You are crazy to believe it will be similar to the 70’s inflationary period. There are huge repercussions to our actions, unfortunately it is completely unpredictable at this point.[/quote]

Socrattt, I’m confused. ‘There are huge repercussions to our actions…’ and ‘it is completely unpredictable at this point’ seem to be contradictory statements. It sounds like you’re confident about the ‘scale’ of the problem. What are you unsure about? Please clarify?[/quote]

Predictions in regards to the type of inflation that will occur in the US isn’t possible as know one really knows how much money has been printed. One thing we do know is it is much more than 70’s inflationary period. This we can pinpoint with the bailouts along with an number of other stimulus programs. Granted not all programs required a printing press, but plenty did.

When I speak of unpredictability I am referring to the fact that eventually the time will come in the US where hyperinflation will kick in. The only question remains is when. I believe the US has created the perfect storm for the US economy and there is no turning back. What I can’t predict, nor can anyone else including the big boys at the FED, is when will the s**t actually hit the fan. No one knows and I truly believe something catastrophic could happen over night. It could happen with an announcement from the EU or Asia that they are changing the reserve currency or a simple collapse overnight of our banking system.

Will it happen soon? My guess is no as I believe our government is playing an excellent game of Stratego. But I do believe in the next 3-5 years we will experience some incredibly trying times here in the US. No charts will help you understand the direction we are going. The data is just that, it’s all manipulated, but I believe at some point, whether it be 3 months or 5 years, the truth will come out and America will suffer.

[socrattt]

[quote=weberlin][quote=socrattt][quote=bsrsharma]jonnycsd,

That is an interesting observation about Brazil. I think people have extreme fear of inflation due to stories about Weimar Germany (http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html) and more recently pictures of Zimbabwe’s currency with 15 digits. But U.S. inflation will be more like that in the 1970s, not even as much as Brazil. In fact, I think, people were not in extreme hardship during 1972-82. I don’t think there is any report of widespread homelessness or hunger (like in the 1930s).[/quote]

BS, you talk as if you have a clue about the amount of money being printed. You don’t have a clue nor does anyone here. I think we have printed enough to put us in a Zimbabwe like inflation scenario, but we are using other resources to combat this inflation. Will it get bad? Most likely and when it does it won’t be a walk in the park. You are crazy to believe it will be similar to the 70’s inflationary period. There are huge repercussions to our actions, unfortunately it is completely unpredictable at this point.[/quote]

Socrattt, I’m confused. ‘There are huge repercussions to our actions…’ and ‘it is completely unpredictable at this point’ seem to be contradictory statements. It sounds like you’re confident about the ‘scale’ of the problem. What are you unsure about? Please clarify?[/quote]

Predictions in regards to the type of inflation that will occur in the US isn’t possible as know one really knows how much money has been printed. One thing we do know is it is much more than 70’s inflationary period. This we can pinpoint with the bailouts along with an number of other stimulus programs. Granted not all programs required a printing press, but plenty did.

When I speak of unpredictability I am referring to the fact that eventually the time will come in the US where hyperinflation will kick in. The only question remains is when. I believe the US has created the perfect storm for the US economy and there is no turning back. What I can’t predict, nor can anyone else including the big boys at the FED, is when will the s**t actually hit the fan. No one knows and I truly believe something catastrophic could happen over night. It could happen with an announcement from the EU or Asia that they are changing the reserve currency or a simple collapse overnight of our banking system.

Will it happen soon? My guess is no as I believe our government is playing an excellent game of Stratego. But I do believe in the next 3-5 years we will experience some incredibly trying times here in the US. No charts will help you understand the direction we are going. The data is just that, it’s all manipulated, but I believe at some point, whether it be 3 months or 5 years, the truth will come out and America will suffer.

[socrattt]

[quote=weberlin][quote=socrattt][quote=bsrsharma]jonnycsd,

That is an interesting observation about Brazil. I think people have extreme fear of inflation due to stories about Weimar Germany (http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html) and more recently pictures of Zimbabwe’s currency with 15 digits. But U.S. inflation will be more like that in the 1970s, not even as much as Brazil. In fact, I think, people were not in extreme hardship during 1972-82. I don’t think there is any report of widespread homelessness or hunger (like in the 1930s).[/quote]

BS, you talk as if you have a clue about the amount of money being printed. You don’t have a clue nor does anyone here. I think we have printed enough to put us in a Zimbabwe like inflation scenario, but we are using other resources to combat this inflation. Will it get bad? Most likely and when it does it won’t be a walk in the park. You are crazy to believe it will be similar to the 70’s inflationary period. There are huge repercussions to our actions, unfortunately it is completely unpredictable at this point.[/quote]

Socrattt, I’m confused. ‘There are huge repercussions to our actions…’ and ‘it is completely unpredictable at this point’ seem to be contradictory statements. It sounds like you’re confident about the ‘scale’ of the problem. What are you unsure about? Please clarify?[/quote]

Predictions in regards to the type of inflation that will occur in the US isn’t possible as know one really knows how much money has been printed. One thing we do know is it is much more than 70’s inflationary period. This we can pinpoint with the bailouts along with an number of other stimulus programs. Granted not all programs required a printing press, but plenty did.

When I speak of unpredictability I am referring to the fact that eventually the time will come in the US where hyperinflation will kick in. The only question remains is when. I believe the US has created the perfect storm for the US economy and there is no turning back. What I can’t predict, nor can anyone else including the big boys at the FED, is when will the s**t actually hit the fan. No one knows and I truly believe something catastrophic could happen over night. It could happen with an announcement from the EU or Asia that they are changing the reserve currency or a simple collapse overnight of our banking system.

Will it happen soon? My guess is no as I believe our government is playing an excellent game of Stratego. But I do believe in the next 3-5 years we will experience some incredibly trying times here in the US. No charts will help you understand the direction we are going. The data is just that, it’s all manipulated, but I believe at some point, whether it be 3 months or 5 years, the truth will come out and America will suffer.

[socrattt]

[quote=weberlin][quote=socrattt][quote=bsrsharma]jonnycsd,

That is an interesting observation about Brazil. I think people have extreme fear of inflation due to stories about Weimar Germany (http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html) and more recently pictures of Zimbabwe’s currency with 15 digits. But U.S. inflation will be more like that in the 1970s, not even as much as Brazil. In fact, I think, people were not in extreme hardship during 1972-82. I don’t think there is any report of widespread homelessness or hunger (like in the 1930s).[/quote]

BS, you talk as if you have a clue about the amount of money being printed. You don’t have a clue nor does anyone here. I think we have printed enough to put us in a Zimbabwe like inflation scenario, but we are using other resources to combat this inflation. Will it get bad? Most likely and when it does it won’t be a walk in the park. You are crazy to believe it will be similar to the 70’s inflationary period. There are huge repercussions to our actions, unfortunately it is completely unpredictable at this point.[/quote]

Socrattt, I’m confused. ‘There are huge repercussions to our actions…’ and ‘it is completely unpredictable at this point’ seem to be contradictory statements. It sounds like you’re confident about the ‘scale’ of the problem. What are you unsure about? Please clarify?[/quote]

Predictions in regards to the type of inflation that will occur in the US isn’t possible as know one really knows how much money has been printed. One thing we do know is it is much more than 70’s inflationary period. This we can pinpoint with the bailouts along with an number of other stimulus programs. Granted not all programs required a printing press, but plenty did.

When I speak of unpredictability I am referring to the fact that eventually the time will come in the US where hyperinflation will kick in. The only question remains is when. I believe the US has created the perfect storm for the US economy and there is no turning back. What I can’t predict, nor can anyone else including the big boys at the FED, is when will the s**t actually hit the fan. No one knows and I truly believe something catastrophic could happen over night. It could happen with an announcement from the EU or Asia that they are changing the reserve currency or a simple collapse overnight of our banking system.

Will it happen soon? My guess is no as I believe our government is playing an excellent game of Stratego. But I do believe in the next 3-5 years we will experience some incredibly trying times here in the US. No charts will help you understand the direction we are going. The data is just that, it’s all manipulated, but I believe at some point, whether it be 3 months or 5 years, the truth will come out and America will suffer.

[socrattt]

[quote=weberlin][quote=socrattt][quote=bsrsharma]jonnycsd,

That is an interesting observation about Brazil. I think people have extreme fear of inflation due to stories about Weimar Germany (http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html) and more recently pictures of Zimbabwe’s currency with 15 digits. But U.S. inflation will be more like that in the 1970s, not even as much as Brazil. In fact, I think, people were not in extreme hardship during 1972-82. I don’t think there is any report of widespread homelessness or hunger (like in the 1930s).[/quote]

BS, you talk as if you have a clue about the amount of money being printed. You don’t have a clue nor does anyone here. I think we have printed enough to put us in a Zimbabwe like inflation scenario, but we are using other resources to combat this inflation. Will it get bad? Most likely and when it does it won’t be a walk in the park. You are crazy to believe it will be similar to the 70’s inflationary period. There are huge repercussions to our actions, unfortunately it is completely unpredictable at this point.[/quote]

Socrattt, I’m confused. ‘There are huge repercussions to our actions…’ and ‘it is completely unpredictable at this point’ seem to be contradictory statements. It sounds like you’re confident about the ‘scale’ of the problem. What are you unsure about? Please clarify?[/quote]

Predictions in regards to the type of inflation that will occur in the US isn’t possible as know one really knows how much money has been printed. One thing we do know is it is much more than 70’s inflationary period. This we can pinpoint with the bailouts along with an number of other stimulus programs. Granted not all programs required a printing press, but plenty did.

When I speak of unpredictability I am referring to the fact that eventually the time will come in the US where hyperinflation will kick in. The only question remains is when. I believe the US has created the perfect storm for the US economy and there is no turning back. What I can’t predict, nor can anyone else including the big boys at the FED, is when will the s**t actually hit the fan. No one knows and I truly believe something catastrophic could happen over night. It could happen with an announcement from the EU or Asia that they are changing the reserve currency or a simple collapse overnight of our banking system.

Will it happen soon? My guess is no as I believe our government is playing an excellent game of Stratego. But I do believe in the next 3-5 years we will experience some incredibly trying times here in the US. No charts will help you understand the direction we are going. The data is just that, it’s all manipulated, but I believe at some point, whether it be 3 months or 5 years, the truth will come out and America will suffer.

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