Are we headed for GFC 2 ?

Discussion in 'Markets & Economies' started by trew, Jun 24, 2013.

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  1. trew

    trew Active Member Silver Stacker

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    Can't put my finger on anything specific but I swear the current climate feels like early to mid 2008...

    .. when everything just kept dropping for no particular reason.....

    only later in the year with TARP and Lehman going belly up did all the real bad news come to light

    wtf is going on with these markets ?

    and I don't just mean gold/silver
    stock market is really schizo and on edge - any stock with even minor bad news gets absolutely killed
    bond market is tanking

    I suspect there is a whole lot going on within hedge funds that the rest of us have absolutely no idea about.
     
    trew, Jun 24, 2013
    #1
  2. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    There is only one GFC. 2008 was the trailer.
     
    Shaddam IV, Jun 24, 2013
    #2
  3. doomsday surprise

    doomsday surprise Well-Known Member Silver Stacker

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    When the bond bubble pops then 2008 will look like a picnic.
     
    doomsday surprise, Jun 24, 2013
    #3
  4. menotcrimex

    menotcrimex Member Silver Stacker

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    Yes that feeling is back and the clock is ticking again.
     
    menotcrimex, Jun 24, 2013
    #4
  5. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    And there is a reason/s why the markets are falling now
     
    Caput Lupinum, Jun 24, 2013
    #5
  6. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    remember how expensive it was to fill the tank of your car back during the GFC?

    The Falling Australian dollar will get us back there again quicksmart!
     
    Clawhammer, Jun 24, 2013
    #6
  7. CriticalSilver

    CriticalSilver New Member Silver Stacker

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    There is something going on in the heart of the global financial system. The USD is losing relevance while the Yuan is becoming increasingly used as the basis of trade.

     
    CriticalSilver, Jun 24, 2013
    #7
  8. volrathy

    volrathy Active Member

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    how exciting is watching the share market open on CNBC im predicting dow to drop below 14000 by friday
     
    volrathy, Jun 24, 2013
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  9. Ernster

    Ernster New Member

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    LOL whats all the fuss about. A measly couple % drop and everyone is making all this racket.

    They should try being a silver investor!
     
    Ernster, Jun 24, 2013
    #9
  10. CriticalSilver

    CriticalSilver New Member Silver Stacker

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    It seems this event is getting closer. Can you imagine the impact on the banks when their paper assets all drop in value!
     
    CriticalSilver, Jun 24, 2013
    #10
  11. Old Codger

    Old Codger Active Member Silver Stacker

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    I am counting the hours until the open of the ASX on 1st July.


    OC
     
    Old Codger, Jun 24, 2013
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  12. MyNamesNotBen

    MyNamesNotBen New Member

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    Why's that? Please explain ?
     
    MyNamesNotBen, Jun 25, 2013
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  13. trew

    trew Active Member Silver Stacker

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    Probably something to do with selling shares that are up so the capital gain falls in the new financial year I would guess
     
    trew, Jun 25, 2013
    #13
  14. Old Codger

    Old Codger Active Member Silver Stacker

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    Correct, I typed an answer and forgot to hit 'submit'.

    Old Timers disease!
     
    Old Codger, Jun 25, 2013
    #14
  15. Bigfella

    Bigfella Well-Known Member Silver Stacker

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    Think what you will , but check out this link!!!!!!!!!!!!

    http://www.sec.gov/cgi-bin/browse-e...include&Find=Find+Companies&action=getcompany

    We the Australian People were sold off back in 1927 and the whole Country belongs to the USA.
    The Country and every Goverment department are Corperations registered with the American Securities and Exchange comission.

    Look for your self, do some searches on the site.

    Have read of this site. http://basic-fraud.com/

    All true so going into silver is better than gold as the Goverment can and may soon recall all gold as we go back to the Gold Standard.
     
    Bigfella, Jun 25, 2013
    #15
  16. trew

    trew Active Member Silver Stacker

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    You're not RomanControl in disguise are you ? :lol:
     
    trew, Jun 25, 2013
    #16
  17. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    He is 1 in a million ito being tuned in
     
    Yippe-Ki-Ya, Jun 25, 2013
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  18. hawkeye

    hawkeye New Member Silver Stacker

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    Simple. The financial system broke in 2008. They didn't fix it. They papered over the cracks (literally) so people couldn't see them. Meanwhile the cracks keep widening.
     
    hawkeye, Jun 25, 2013
    #18
  19. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Shanghai Composite, welcome to dumpsville. Population: You
     
    Caput Lupinum, Jun 25, 2013
    #19
  20. Bigfella

    Bigfella Well-Known Member Silver Stacker

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    Bigfella, Jun 25, 2013
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