Stocks

[dalakhani]

Originally Posted by GBBob

You hoping people in the market lose money?

Its pretty strange but I think I was the only one cheering for smooth. I don't agree with him, but I hope he is right.

Welcome to the Smooth Operator/us economy fan club Bob. I think it is just you and me for now.

On another note, I just read Harry Dent's latest newsletter. Scratch anything positive I might have said about him. The guy is an idiot.

[randallscott35]

Originally Posted by gales0678

nasdaq at top 5000 , nasdaq roday 23 and change randall , nasdaq in 10 yrs even if you get a double from here you still not even if you bought at the top

It's sad really. The same group who said housing never goes down.

[gales0678]

Originally Posted by randallscott35

It's sad really. The same group who said housing never goes down.

housing is a disaster randall , hope you didn't buy that condo

[randallscott35]

Originally Posted by gales0678

housing is a disaster randall , hope you didn't buy that condo

Nope.

[gales0678]

Originally Posted by randallscott35

Nope.

smart man


i know some people that bought in the tri sate area in 06 and 07 , it's not pretty , they are stuck paying off something for the next 30 yrs that may be worth less than what they paid for it

[hi_im_god]

Originally Posted by randallscott35

It's sad really. The same group who said housing never goes down.

which do you think is the bigger bubble now?

equities, housing, or gold?

[gales0678]

Originally Posted by hi_im_god

which do you think is the bigger bubble now?

equities, housing, or gold?

neither

bonds are the next bubble to burst

[hi_im_god]

Originally Posted by gales0678

neither

bonds are the next bubble to burst

i assume that would mean gold's still a good investment. interest rates rising to control rampant inflation and all.

yes? no?

[randallscott35]

Originally Posted by hi_im_god

which do you think is the bigger bubble now?

equities, housing, or gold?

None of the above need to be in a bubble....The truth is what ZIRP does is destroy everything in the long run. Counterintuitive.

[gales0678]

Originally Posted by hi_im_god

i assume that would mean gold's still a good investment. interest rates rising to control rampant inflation and all.

yes? no?

when the dollar goes kaput , gold will go through the roof , but , at that point it may not matter if you live here , it will all be over

[randallscott35]

Gales is right about bonds but I will bet my left nut that the 10 yr will go below 2% before this is over.

[hi_im_god]

Originally Posted by randallscott35

Gales is right about bonds but I will bet my left nut that the 10 yr will go below 2% before this is over.

how can gales be right and bond yields are still heading down?

you two need to huddle.

[randallscott35]

Originally Posted by hi_im_god

how can gales be right and bond yields are still heading down?

you two need to huddle.

If Gales had said the Nasdaq would collapse at 4k in 2000, would he be wrong? Yes, but it is a timing issue...Bubbles go far longer and higher than anyone imagines. Under 2% on the 10 yr is my call.

[dalakhani]

Originally Posted by gales0678

neither

bonds are the next bubble to burst

LOL Give me a timeline Captain Inflation

[hi_im_god]

Originally Posted by randallscott35

If Gales had said the Nasdaq would collapse at 4k in 2000, would he be wrong? Yes, but it is a timing issue...Bubbles go far longer and higher than anyone imagines. Under 2% on the 10 yr is my call.

amen.

on the other hand, gold will go up forever.

[gales0678]

Originally Posted by dalakhani

LOL Give me a timeline Captain Inflation

why? if i give you a specific time and it hasn't happened yet , you will just tell me i am wrong . there were a lot of people who went broke during the housing bubble on the short side , paulson had the luck and timed it right , but , they were all correct that the bubble would burst

[clyde]

Grasshopper.

[hi_im_god]

Originally Posted by gales0678

why? if i give you a specific time and it hasn't happened yet , you will just tell me i am wrong . there were a lot of people who went broke during the housing bubble on the short side , paulson had the luck and timed it right , but , they were all correct that the bubble would burst

there will be inflation.

sometime in the future...

check back in 6 months, 6 years, 6 decades, or 6 centuries and you'll see that i was right.

solid prediction gales. not useful but really hard to argue with.

[dalakhani]

Originally Posted by gales0678

why? if i give you a specific time and it hasn't happened yet , you will just tell me i am wrong . there were a lot of people who went broke during the housing bubble on the short side , paulson had the luck and timed it right , but , they were all correct that the bubble would burst

Because it is one of those lame predictions which at some point in time has to come true. The 10 year is at 2.7 and was around 2.5 the other day. I don't have to be Nostradamus to predict that at some point rates will spike higher. How hard is that?

Tell me when, bubble man. This winter? Next spring? Next month? Next week???

You were telling me all last year about this evil inflation and I still don't see it. The environment is still deflationary and will continue to be for at least the next year and possibly beyond.

God asked a question and in my opinion, the bubble is in equities.

[gales0678]

Originally Posted by hi_im_god

there will be inflation.

sometime in the future...

check back in 6 months, 6 years, 6 decades, or 6 centuries and you'll see that i was right.

solid prediction gales. not useful but really hard to argue with.

my sister got married in '05 , she wanted to buy a house right away , i told her to wait , i was wrong for a year and half , but now do you think she is glad that she didn't buy or is she still mad at me?