the same old scam, page-14

  1. 2,182 Posts.
    skol. do you actually read any news sites or newspapers to get a handle on the worlds economy and where its heading??

    JUST todays for example

    Eurozone business activity hits fresh low

    Ford plans to shut Belgian plant

    French Unemployment rises above 3 million

    Luxury car maker Daimler posts an 11pct, or E1.2 billion, fall in third quarter profit.

    Federal Reserve says US unemployment 'elevated'

    its not getting better is it mate??

    and to put your claim about the reason the DOW is up is becasue there's been lots and lots of free money to be put somewhere, and with the bond markets unable to give any return in an inflationary charged economy, its gone into the most obvious, lazy investment, the share market,

    However to fully understand you claim//(see image)
    If the growth you talk of is showing approx 100% up, its from its bottom after the GFC collpase mate!!
    which means its only climbed to the same level it was before the crash if we take it at its current highs.....
    Where as....
    if you look at gold it dropped in 2008 from $1000/oz to $800/oz. approx, but then went on to climb to its current levels of $1730/oz approx, on the gold chart.
    That my friend is REAL GROWTH.
    it IS NOT cherry picking either.
    unlike you saying about the people got burnt if they bought at $1900/oz. DOH, yeah ok mate.. to me your argument is a sign of someone with nothing to back up his claims.

    Now, with all the central bankers 'big bazookas' proving less and less effective in keeping business growth stimulated, whats next!!??
    MORE free money, hahah, so they are doing exactly the same thing, but expecting a different outcome, a clear definition of madness.
    so its not going to make it any better and if like you say you are sitting on a pile of paper 'cash', then you are exposed as this race to devalue the currencies is now underway in ernest.....

    which brings us back to the 'safest bet' which is and always has been gold...

    FACT: since the start of the GFC, it is up approx 100%. and UP over 70% since its pre GFC top, can't claim that about the DOW now can you.

    but i know you will go on and on, as you are like that. and you will STILL beleive in the world being 'A-OK!!' then have a read of this matey.

    Oct. 24, 2012, 10:48 a.m. EDT
    Bigger than Bernanke?

    http://www.marketwatch.com/story/bigger-than-bernanke-2012-10-24?dist=afterbell


 
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