Armageddon

[mrfirkin]

The crash of all crashes is nigh.

Prepare for the next great depression.

Gold is the way to go.

 

[>Apocalypto<]

The crash of all crashes is near.

Prepare for the next great depression

LOL every one is allowed a opinion its public forum after all.

care to post some evidence on why this is going to happen?

hey when that happens we may all go live on mars.

 

[Kimosabi]

The crash of all crashes is nigh.

Prepare for the next great depression.

Gold is the way to go.

I think your too kind, what's worse than a Great Depression?

 

[Pommiegranite]

WOOHOOOO!!!!:

http://news.bbc.co.uk/1/hi/uk/6919277.stm


US economy sees stronger growth


The US economy grew faster than expected over the past three months, recording its best quarterly performance since early 2006.


The economy grew by 3.4% on an annual basis, bouncing back from a dismal first quarter where it grew just 0.6%.
The figures were keenly anticipated following signs that the slump in the housing market has been having a negative impact on the wider economy. US stocks fell heavily on Thursday, sparking a worldwide slump.

 

[BentRod]

The crash of all crashes is nigh.

Prepare for the next great depression.

Gold is the way to go.

Must be time to get Long

 

[>Apocalypto<]

Must be time to get Long

Ha Ha Ha very good!

 

[Wysiwyg]

Must be time to get Long

Nice thought b.r. but the smarties are outsmarting the smart.If that makes cents.

 

[BIG BWACULL]

Arma Geddon outta here, GOODNIGHT

 

[mrfirkin]

Hi folks,

Who's laughing now?

Told ya so, and the REAL sh^t hasn't hit the fan yet.

I obviously get my info from far more reliable sources than you lot. He He!

Loving this!

I'll revisit in another 12 months or so (if we still have electricity, and are not rioting in the streets & begging for food). Hmmm, that's probably a couple of years down the track, but now with that stupid looking prick Kevin 'bloody' Rudd and his nervous looking co-hort Wayne Swan at the helm, its a certainty.

 

[xyzedarteerf]

Hi folks,

Who's laughing now?

Told ya so, and the REAL sh^t hasn't hit the fan yet.

I obviously get my info from far more reliable sources than you lot. He He!

Loving this!

wow you waited over a year to pull this thread out of your *ss , here's a medal for you mr rifkin ,back from the dead are we??

 

[Greg71]

Just to add my opinion, I "feel" the market is bullish. I mean, which way can it go other than up at the moment? If it starts dropping, they'll just inject more money.

 

[wayneL]

Hi folks,

Who's laughing now?

Told ya so, and the REAL sh^t hasn't hit the fan yet.

I obviously get my info from far more reliable sources than you lot. He He!

Loving this!

I'll revisit in another 12 months or so (if we still have electricity, and are not rioting in the streets & begging for food). Hmmm, that's probably a couple of years down the track, but now with that stupid looking prick Kevin 'bloody' Rudd and his nervous looking co-hort Wayne Swan at the helm, its a certainty.

A lot of us have foreseen financial doomage. But even if eventually correct, now is not a time to me laughing (even though us bear suffered lashings of it at the hands of the bulls ).

A lot of people are suffering because of this, some deservedly, others completely innocently.

There was the case of a retiree last night on TV (War hero etc etc) who has lost his nest egg.

Why didn't he pull his money out? because he trusted the gu'mint and city spivs that told him all was going to be OK and because they made fun of the bears and laughed at us. It was awful to see.

That sort of thing quickly removes the glee of having been right.

 

[Greg71]

A lot of us have foreseen financial doomage. But even if eventually correct, now is not a time to me laughing (even though us bear suffered lashings of it at the hands of the bulls ).

A lot of people are suffering because of this, some deservedly, others completely innocently.

There was the case of a retiree last night on TV (War hero etc etc) who has lost his nest egg.

Why didn't he pull his money out? because he trusted the gu'mint and city spivs that told him all was going to be OK and because they made fun of the bears and laughed at us. It was awful to see.

That sort of thing quickly removes the glee of having been right.

So he was long, correct? And his analysis was based on the media?

 

[wayneL]

So he was long, correct? And his analysis was based on the media?

These are the sort of people who buy shares as throughout their life as a pension and don't really sell. They are used to riding ups and downs and have faith that the latest fundamentals, analyst and broker advice and guidance from execs reflects the truth. They are not analysts themselves.

Then they learn the real truth the hard way. They were lied to by an entire industry. This is far more evil than any short selling.

 

[Uncle Festivus]

WOOHOOOO!!!!:

http://news.bbc.co.uk/1/hi/uk/6919277.stm


US economy sees stronger growth


The US economy grew faster than expected over the past three months, recording its best quarterly performance since early 2006.


The economy grew by 3.4% on an annual basis, bouncing back from a dismal first quarter where it grew just 0.6%.
The figures were keenly anticipated following signs that the slump in the housing market has been having a negative impact on the wider economy. US stocks fell heavily on Thursday, sparking a worldwide slump.

Ah, the revision .

WASHINGTON (MarketWatch) -- The U.S. economy was not as strong in the second quarter as previously believed, held back by weaker spending by consumers and businesses alike, the Commerce Department reported Friday.


Gross domestic product grew at a 2.8% annualized pace in the quarter, revised down from the previous estimate of 3.3%, the government said in its third and final GDP estimate.

 

[trillionaire#1]

Hands up all who bought extra cans of baked beans and soup prior to the
"millenium bug"

still , just in case the US runs out of banks and the world starts bartering with
shiny trinklets and gemstones ,i may check out my camping and fishing gear this weekend.

you know Grizzley Adams would have survived in this worst case scenario pretty well,living off the land with pet bear for security.

 

[wayneL]

***installs land mines and machine gun nests around the veggie garden

 

[Uncle Festivus]

Hands up all who bought extra cans of baked beans and soup prior to the
"millenium bug"

still , just in case the US runs out of banks and the world starts bartering with
shiny trinklets and gemstones ,i may check out my camping and fishing gear this weekend.

you know Grizzley Adams would have survived in this worst case scenario pretty well,living off the land with pet bear for security.

The millenium bug was fact - certain computers were vulnerable, including some we had where I work (electricity generation), that posed a real threat if it were not for the huge effort in replacing the affected PC's.

It was a case of the public not knowing what went on behind the scenes, and ended up looking like it was a false alarm. Nothing like what's happening now with the 'bail-out' - it's going down in a heap regardless of how much good? money they will throw after bad money.

Moon shot gold?

 

[chops_a_must]

It was so tempting to create a new user on my mum's comp as well...

 

[Greg71]

You know, even if the market totally collapses, everyday life here goes on. Like, let's say tomorrow it opens at 2500. Your car will still start, all the shops will be open etc. It's not like everyone's tyres will explode and all electrical equipment will cease to function like when a nuclear device is about to go off.

Incidently, why does electrical stuff stop working just before a nuclear detonation? Hmmm...I hear Google calling.