Thread: Crash Time
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Old 05-15-2012, 10:13 PM   #18
neotheMit

Join Date
Oct 2005
Posts
500
Senior Member
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The dollar LOOKS strong in comparison to the Euro. All temporary front. This will make prices in many things drop in the near term. Depending on how they let Greece, Spain, Italy and others unravel, it may go on for a while yet. I have this ominous feeling that the closer we get to June, the more pressure is building. Here are some of the pressure points:

Debt
Derivatives
Political/ fascist grabs for control
International tensions with China
International tensions in ME
Precarious ecological disaster in Japan
Natural calamity- earthquake, solar, volcano
Race related incidents
Economic domestic disaster / unemployment and loss of manufacturing
Spiritual state- ignorance, evil embraced
The same could have been said in '08, '09, '10, and '11.

I will rely on the standard mantra of "The market can stay irrational longer than I can stay solvent" until it no longer holds water.

You know GS and JPM are front running the entire USD/EUR forex trade. Hell they are probably pushing the spread with Bennie's little helpers' direction.

When it goes down, I don't think the internet will be running so we can post "It's Going Down!".
neotheMit is offline


 

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