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Old 02-12-2014, 05:34 AM
 
Location: Florida
77,005 posts, read 47,597,802 times
Reputation: 14806

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Quote:
Originally Posted by nmnita View Post
Not just for me, but for many. I have no idea your financial situation or your age and most of us do not expect the market to continue to climb and climb. Most of us are in conservative stocks if we are past middle age, but still, you do have to realize a few thousand is a lot to many people, especially those past 60ish.
You need to do what you feel is right for you. If you are afraid of risk because you are near retirement, then go safe. Every knows corrections come and go, because they are a part of the market.
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Old 02-12-2014, 05:45 AM
 
Location: USA
13,255 posts, read 12,120,288 times
Reputation: 4228
Quote:
Originally Posted by pch1013 View Post
My God! The last time stock prices were that low, unemployed men were selling apples out of barrels, the unemployment rate was 40%, and bankers were hurling themselves out of skyscraper windows.

Way back in the olden days: January 2013.


Is that why we bailed them out this time??
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Old 02-12-2014, 05:56 AM
 
Location: The Republic of Texas
78,863 posts, read 46,596,242 times
Reputation: 18521
Quote:
Originally Posted by katzpaw View Post
Look at the big picture and the short term coincidences are meaningless.. and non-predictive.

Dow Jones Industrial Average (1900 - Present Monthly) - Charting Tools - StockCharts.com

The inflation caused by printing counterfeit money, has nothing to do with the numbers we see today?
Where would we be if the dollar was not the world currency?

Our trading partners around the world are waking up and returning to a gold backed currency, to combat the counterfeiting.
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Old 02-12-2014, 08:07 AM
 
18,804 posts, read 8,462,725 times
Reputation: 4130
Quote:
Originally Posted by BentBow View Post
The inflation caused by printing counterfeit money, has nothing to do with the numbers we see today?
Where would we be if the dollar was not the world currency?

Our trading partners around the world are waking up and returning to a gold backed currency, to combat the counterfeiting.
Most all nations print money and low grade inflation is almost inevitable during normal to accelerated economic times. The use of the USD in international transactions has only risen since the 2008 crash. But not only currency for business transactions, USD based debt/securities are the most commonly held and traded throughout the world. The investment in USD based debt/securities has only risen since the 2008 crash. So although I think a move towards Yuan based transactions and investment is inevitable, it will happen slowly over the next few decades. Allowing plenty of time to reassess and restructure investments. No doubt we here in the USA will be making some killer money with the future of the Yuan and China.
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Old 02-12-2014, 08:12 AM
 
Location: Philadelphia
11,998 posts, read 12,924,934 times
Reputation: 8365
Quote:
Originally Posted by greywar View Post
Thanks Obama! Because of you we have people that don't understand the financial system!

(please note this is humor)-note added for the humor impaired.

PS-I wish more had hurled themselves out of their office windows......Sigh. The good old days.
LOL, who knows? Maybe Jamie Dimon and Bernanke will take the plunge? Hopefully they take Alan Greenspan with them.
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Old 02-14-2014, 11:57 PM
 
Location: Old Town Alexandria
14,492 posts, read 26,585,697 times
Reputation: 8971
downturn in the economy .

Sadly, however, that grisly seen is exactly what played out at JP Morgan’s European headquarters at 25 Bank Street in London’s Canary Wharf late last month. On January 28th, Gabriel Magee, 39, fell to his death from the roof of the 33 story building, landing on the roof of the building’s 9 story southern extension. At least one Canary Wharf worker, Hetal Patel, live tweeted the scene: “The 9th floor roof of JP Morgan is visible from my office window. For a long time the body was left cordoned & unattended. Weird.”
As horrible as that scene must have been, it was not the only apparent suicide by a financial executive in the past week. The day before Magee’s death, the managing director of Tata Motors was found dead on the fourth floor of the Shangri-La hotel in Bangkok. The day before that, William Broeksmit, a former senior executive at Deutsche Bank AG, was believed to have killed himself at his central London home. The day after Magee’s death, Russell Investment chief economist and former Federal Reserve researcher Mike Dueker was found dead in Washington State after having fallen 15 meters to his death.
Read More @ The International Forecaster

JPMorgan in U.K.



The common denominator in at least four of those supposed suicides is they were senior officials for banks that were very knowledgeable about the manipulation of gold and FOREX markets, and were possibly involved in complicated derivative operations or programming source codes. This all would have been focused on the high-frequency trading that would result in the manipulation of these markets.

So that is the connective issue with all of the relating investigations that are going on in at least two continents in which the investigations are trying to get at the culpability of the banks, and the extent to which they may be working together to overtly manipulate a variety of markets.

These are criminal banking institutions and they work together as a criminal banking syndicate. So it’s reasonable to believe that they would behave just as a criminal syndicate in this situation would behave.

Gerald Celente.

Last edited by dreamofmonterey; 02-15-2014 at 12:07 AM..
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