GOLD 0.51% $1,391.7 gold futures

3 indications that risk is back on, page-16

  1. 928 Posts.
    Very nice reply adwebster, much better than the usual "the market's are going to rally just because I really really want them to" post.

    Dropping cash from the sky isn't any kind of solution though, whilst I agree that it will happen, its nothing more than temporary stop gap and nothing close to a real solution.

    The DJI chart over the past few years is a great indication of QE's effectiveness, sure it got the index back to close to 13,000, but then once it stopped it was back under 11,000 within a few months on bad news.

    Personally, I find it quite scary that a good amount of investors need cash to be created from nothing for them to have confidence in the markets.

    Maybe it will be 2013, maybe 2014, but a massive crash is near and a major overhaul of the entire finanical system as we know it is in need before the real recovery will begin.

    I feel that anyone who see's the ASX200 getting anywhere near 5000 again anyime soon is either too new to have experienced the 2007/2008 crash or just blind to the writing on the wall (again). Probably the same people still buying Australian property.
 
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