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Re: Pence on Levin, when virus is done our eCONomy will come roaring back HAAAAAAAAAAAAAAAAAA 

By: Decomposed in POPE 5 | Recommend this post (1)
Mon, 23 Mar 20 8:45 AM | 26 view(s)
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Msg. 56446 of 62138
(This msg. is a reply to 56432 by Decomposed)

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Nemo:

Re: "I can easily see DOW 15,000!!!!!!!!!!!!!!!!"

Not me. I see extremely strong support long before 15,000.
I've seen the light. You are right. 15,000 or lower is coming. Probably lower.

A massive amount of money... trillions of dollars... is going to be printed in the near future. Money printed will be money spent. And when money gets printed and spent when production is not expanding at a proportionate rate, price inflation results. There's going to be some serious price inflation headed our way, folks. What to do about it? I'm not sure. It's probably too late. What you want to do is to be out of cash and into items that hold their value through a currency collapse: Land, liquor, precious metal, ammo, certain types of equipment, etc.

Monday's going to be an interesting one.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Pence on Levin, when virus is done our eCONomy will come roaring back HAAAAAAAAAAAAAAAAAA
By: Decomposed
in POPE 5
Mon, 23 Mar 20 5:24 AM
Msg. 56432 of 62138

Nemo:

Re: "I can easily see DOW 15,000!!!!!!!!!!!!!!!!"
Not me. I see extremely strong support long before 15,000.

That said, the Dow lost 5/6ths of its value in the Great Depression. Losing half in 2020 would be a yawner by comparison.


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