REPORT ABUSIVE REPLY
|
Message Subject
|
DOW FUTURES BLAST HIGHER
|
Poster Handle
|
Below Me |
Post Content
|
Zazz could very well be right, there are plenty of Austrian economists who predict dow 30,000. The problem with that much money printing is that hyper-inflation will destroy the dollar and a loaf of bread will be $15 and a gallon of gas will be $25. So who gives a shit what the Dow is at?
If it were a real recovery and we werent printing and pumping the hell out of the dollar and the stock market, we could all celebrate. This however, will end very badly.
I forgot to mention one thing. GOLD. It will probably be worth $10,000 to $15,000 per ounce in this scenario.
|
|
Please verify you're human:
|
|
Reason for reporting:
|