I am predicting this, last friday was death on the markets, people are freaking out and banks are becoming insolvent, this week will prove to be the blackest week since 1929! The U.S. dollar is in a freefall! If you have some cash in the bank get some out, or most before others react to a meltdown because they don't have enough to pay all the accounts! If you have not already buy something, metals, gold or silver or stock up on food, spend it now because next week it may be worth alot less.
Gas is already going over $4.00 a gallon, soon $5 this will break the back of whats left of the economy, we are not in a resession but going very fast into a DEPRESSION! CASH IS KING![even though it is shrinking as I speak!]
READ this article, this guy is spot on-Citizen
http://www.marketoracle.co.uk/Article3946.html
Another excellent article...history shows what is happening happens just before a DEPRESSION!
http://www.commodityonline.com/news/topstory/newsdetails.php?id=6195
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2 comments:
The Market will rebound within 90 days. We have pretty low unemployment, markets hit a high in the last year and with the small but helpful tax return I feel the ship will right itself. Johnny law
Johnny Law, "Rebound" there is nothing that says we will rebound!
unemployment?, we see growing "unemployment", many work at low pay jobs, which cannot support a middle class.
The ship has a 2' hole in the hull, Bernanke and co. put a newpaper over it, it will have little effect except to excelerate inflation. Inflation will screw everyone in the coming weeks and months, the dollar in in freefall.
I would like to believe you but we are in very serious economic trouble.-Citizen
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