Did you see the Market Crash this week?
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the official crash of 2010 started on may 6, 2010 that one day drop of 1000 points was the warning shot. According to roubini market is going to drop 40% from the 2010 highs. That means Dow is coming down to 6500 or so. After this crash get ready for the second wave of inflation to hit after more bailouts hit the market the market will rise again. I predict about 4 months after the mega stimulus is pumped into markets.
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Thanks for the great info. Raised a lot of eye brows when I mentioned "but did you price the Dow in terms of gold?" Deflated their bubble. Felt good.
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So when this happens will it be a smooth transition or riot style??? hahahah
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I didnt win but i chose $1007 it because i thought that there would be a correction - it couldn't just keep on up, it has to come down first.
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I sent you a msg - shoot me ur details.
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i guess my crystal ball worked cause i picked 1006. ooooooooo
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YOU GOT IT!
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eww kitco stinks
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type in "ski crashes" in the youtube search and click the video with stars in the title to be shocked!
lujost95 8 months ago 101
I saw it crash again today in silver. Still kind of pissed off though. Put a little sum into a 3X leveraged short position in US real estate with my stoploss being triggered. Can't believe Dow touched 9700. Bah, let the fools have their imaginary rally. I'm sticking to silver 100% now.
a8865686 2 years ago