Users Online Now:
2,205
(
Who's On?
)
Visitors Today:
1,014,168
Pageviews Today:
1,691,015
Threads Today:
683
Posts Today:
12,181
04:47 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Stocks to soar in 2013, Gold to hit $2000/oz
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 961432:MV8yMDk5ODE2XzM1Mzc0NDUzXzVBQjEyOUEw] [quote:Philligan:MV8yMDk5ODE2XzM1MzcyOTA0Xzk0MTE4NEM5] And keep in mind the fed will continue to print, as all central banks will. Eventually the pile will get too heavy, the markets will collapse [/quote] Of course, what is happening is institutionalized mal-investment. They are in the business of blowing bubbles with cheap credit, herding the masses from one disaster to another while their friends reap gains as each bubble is blown (and sometimes shorting their own investments on the side they know will fail while receiving bailouts from the public treasury). This cheap (or free credit for the major banks) mandates artificial asset bubbles, price discovery mechanisms are broken. They keep blowing the hot air in through their computerized algorithmic high frequency trading machines. The input for their numerical models? Media headlines lol. It is impossible for anyone with capital (or credit) to know where their money should be best placed to realize return on investment. The too big too fail crew don't worry about it since they have a credit line on your future taxes. [/quote]
Original Message
This is not my prediction, just an interesting article I figured could start a good discussion on GLP for New Years Day
So don’t fight the Fed, and never fight the world’s central banks on multiple fronts.
Stock markets have already sensed this, up to a point, lifting Tokyo’s Nikkei by 23pc and Wall Street by 10pc since June.
The New Year ritual of predictions is a time for bravado, so let me hazzard that the S&P 500 index of stocks will break through its all time high of 1565 in early 2013 -- mindful though I am of flagging volume and a wicked 12-year triple top.
The money will rotate into equities and bullion, with China’s central bank driving gold through $2,000 at last.
[
link to www.telegraph.co.uk
]
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>