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Re: Out in thew shop building and listening to coast to coast LOL 

By: Decomposed in POPE 5 | Recommend this post (2)
Mon, 23 Mar 20 8:57 AM | 30 view(s)
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Msg. 56448 of 62138
(This msg. is a reply to 56447 by capt_nemo)

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Nemo:

Re: "A guy that has been trying to get on for 10 years finally did and he predicts the markets will be down 50%!!!!!!!!!!!!!!!!!!"
The economy was a balloon waiting for a pin. What it got was a shotgun blast. By every measure I can see, we're in something far worse than the Great Depression. When history looks back at this, I expect it will note an 85 percent fall in the stock market. And, yes, I screwed up by moving 20% of my bonds into equities. There will be a bounce coming when the government starts pouring new money into the stock market, but that could be a couple of months from now and I don't know that it will bounce as high as 20,000. I was way premature.

Don't sell your physical gold or silver. If you've got a job, don't quit it. Not now. Not under these circumstances. I'm sure you can guess why. And grow a garden -- a big 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:
Out in thew shop building and listening to coast to coast LOL
By: capt_nemo
in POPE 5
Mon, 23 Mar 20 8:46 AM
Msg. 56447 of 62138

A guy that has been trying to get on for 10 years finally did and he predicts the markets will be down 50%!!!!!!!!!!!!!!!!!!

that would put it around 15,000 LOL I have friends. LOL


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