1929?

Discussion in 'Markets & Economies' started by JulieW, Nov 30, 2013.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    Source: www.jsmineset.com

    February is the debt debate. Allowing that there is no taper and the ceiling is extended this would give stocks long legs and require another girding of loins regarding the gold price in the short term. that is.
     
  2. Old Codger

    Old Codger Active Member Silver Stacker

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    Over the first 3 years or so of the Great Depression, that DOW went all the way to a loss of about 90%.

    I think it took to 1938 to get back to pre crash levels.

    I expect that to be repeated.


    OC
     
  3. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Someone said that, "History does not repeat itself - but it surely rhymes!"
     
  4. millededge

    millededge Active Member

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    It could happen but the pivots rhyme.

    Japan's fukushima situation is quite bad right now.

    If US tanks, China and Japan tank.

    Japan would be ruined if this facility incinerated Tokyo.

    After a period of containment and distraction, during which China can do many things to ultimately control the sea to its south, the geopolitical order in the region may change

    It will also lead to new fields of the reddest watermelons Mao could ever wished for
     
  5. Pirocco

    Pirocco Well-Known Member

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    Well I've now silver coins instead of bank electronic figures, so while I do care about 1929 copycats, I care less. :)
     

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