Financial Markets

[GodwithUS]

Looks like alot of the central banks world-wide are pumping money out. Not the best sign of things to come.

Anyone else notice?

[dpetty]

Well this is just the beginning I suspect, worse yet to come as this will affect everyone in time.

[4JesusLove]

How far will the Dow drop today? IIRC there is a 500 point cutoff in a single day that was enacted a few years back to stop a financial collapse like 1929's.

[robinhoooood]

This is nothing new by the FED, since last March when they stopped publishing the M3 money supply they have injected new money at abhout a 13% clip. The only difference with these injections are that we know the amounts and they are a lot higher than usual for one day. All it means is inflation is sure to rise more quickly putting more stress on the average consumer. Expect the FED to also drop the rate much sooner than they planned now... September or October at latest... and then watch the Dollar continue to plummet.

[GodwithUS]

And this is exactly what conservative economists have been warning about for many years, only to be laughed at on many occasions. You just cant pump paper money out and expect it to hold its value. You are seeing the consequences of this now and there will be more to follow. A currency that has no value.

[jra166]

So where do you put it, your money that is? Stocks are crashing, bye-bye money. Take it out of stocks put it in the bank or under a mattress, Doller becomes De-valued, bye bye money, seems like a no win situation...

Everyone says the market will rebound, like it always does, but for the One-world-goverment to happen, our economy has to collapse, so what if it doesn't rebound this time and it continues to sink, where do you put your money so you can survive before the rapture occurs?

Pre-Rapture Financial Planning :thumb
i thinks it's a new career waiting to explode

[GodwithUS]

Well I'm not completely into the the gloom and doom world view yet. I just look at it as part of the Birth Pangs that the Bible talks about.

If I had money I would diversify as much as possible, determine what amount you are willing to risk in the stock market. From there I would do the gold thing, maybe other precious metals, land, durable goods like machinery.

If things tank out, nobody wants the dollar, but they can understand the value of gold. They cant produce gold as easily as they can print a dollar bill.

[ddg1263]

Put it in the health care industry IE really good drug stocks. People will always get sick, and they will pay whatever it cost to feel better.

[Just A Clay Pot]

I'm by no means well versed on matters financial. To be honest, we're going to invest our $1.95 retirement fund on a bag of beans. :)

But, I'm going to guess that, for the short run, gold would be a good investment. As long as there is any form of economy, someone will find value in gold. My only worry there is that some leader might bebop along and make it illegal to own, like President Roosevelt did in 1933.

As an alternative, if I were looking to buy into an economic air-bag, I'd consider investing in foreign currencies. That would provide a cushion against all but a global crash.

Just my opinion, but if a crash took place on a global scale, I get the feeling that no form of investment would be safe.

[ddg1263]

This whole sell off may be a bit over stated. I think the slide of the dollar and the export of our factories is much more important to the economic status of the US. We are not seeing mass food lines and forclosures in the papers. It looks more like a typical correction of a hyped up market. If the fed just drops the interest rates to soon, they will not have the dry powder to fight off the slow down when it happens for real. Pumping liquidity was the right move. It keeps currency markets in check while we see the true magnitude of the issues facing the markets.