There maybe no quick fix ...
To illustrate this point, a friend of mine recently sent me a chart which I would like to share with you. This charts shows that we may be going into a prolonged period of no growth in the overall stock market. The NASDAQ peaked at 5,132.52 on March 10th, 2000. The NASDAQ market is in many ways more important than the DOW, and should be considered more of a leading indicator. If that is truly the case, then we have been in a bear market for the last eight years.
Trading throughout the balance of this decade is going to be the key to survival and for recovering the profits in your portfolio. We strongly recommend that you approach these markets with some level of expertise and knowledge of technical trading.
The future is going to be the future and we need to take advantage of every moment and prepare ourselves to be the very best we can be in whatever business or endeavor we are pursuing.
Let us know what you think?
Every success in the future,
Adam Hewison
President, INO.com
Co-creator, MarketClub
Deflation will not be allowed to takes its course and cleanse the bad debts from the system. Central banks and governments around the world are gearing-up for a reset event, IMO it will be the financial equivalent of WWIII. The aftermath will see a new world order, a new reserve currency, and here in the USA, a reduced standard of living for most people. Rest assured the banks and governments will make every attempt to preserve their power and influence at the expense of the "little people". Theft of property, loss of rights, forced migrations, all this and more will be justified under the guise of national security and continuity of government. History has many examples, ours will be the first to see the widespread use of electronic surveillance and tracking technologies to enforce the edicts.
For many in the affected areas the obvious question will be "Which side are you on?" However you answer, the response from the "authorities" will be "OK, now hand over your assets".
Go dark, the sooner the better. Peace
I think Carlos Romero summed it up as well as possible. If I may add one thought. Our country borrows 1.6 Trillion dollars per year (we cannot pay it back, in fact we can't even pay interest on it). Our country owes 16 Trillion dollars (fifty or sixty Trillion counting Medicare, federal and military pensions, etc.) which we cannot pay back. Our country is committed to cover over 650 Trillion dollars in derivatives, (sold and owned by big bankers and brokers), which is of course impossible to pay.
The problem will come when citizens under 30 realize their futures, their country, their lives have been sold or stolen. When they organize they will rebel, what would you have done? To the rest of us, it will be too late. Fortunately I am 76 and will probably not live long enough to see this. To the rest of you - my sympathy.
THERE IS NO QUICK FIX OR OTHERWISE!! Eventually, as the NEGATIVE FUNDAMENTALS created by The Fed and other Central Banks grind on, all the beloved “Paper Instruments”, including The Great Wall Street Casino, will become WORTHLESS. Speculators, traders and too-late-investors will then become panicky GOLD and SILVER SYA-BUYERS at any price. That will be the Final Chapter of the present fiscal and financial systems and this Gold and other precious metals's Bull Market.
So the question is -- what am I looking at? Are these "values" adjusted for inflation? Secondly, we didn't face $16 T debt before, and growing, along with the entire West in deep doo-doo, right? The West represents some 60%+ of the world GDP, so -- are we going to inflate out of this? In this case we can see a spike on this chart like never before, but after adjusting this for inflation, we might see a decline. Will deflation take over...? Hmmm...
A major event is a bout to happen in November. How can anyone predict the outcome? Regardless, I look at will it be a fast depression like in 1920 or will it be a prolonged depression like the 1930's. We shall see in November.