Everyone should understand that this rally will end eventually and a correction will take place. The higher this market goes without a pullback the more substantial the correction. Greed is driving this market now, just remember that fear is greater than greed.
OIL 86.32 1.63 +1.92% haha Collapsing dollar, more fed intervention, higher commodities but they say inflation is under control. haha Just like the sub prime mortgage crisis was contained. Higher energy prices cannot be contained in this market environment.
Gold and silver just skyrocketing as the dollar just continues to collapse Oil skyrocketing. Regular gas is now over $3.00 in many parts of the US. I paid over $3.20 the other day, at this rate $3.50 by Jan 2011. Consumers love higher prices at the pump. DOLLAR INDEX Value 75.77 Change -0.532 (-0.697%) Open 76.35 High 76.50 Low 75.70 Bubble ben bernanke is doing a fine job!!!
Bubble ben bernanke talks about how low rates wont "stoke inflation" however surging commodity prices and a collapsing dollar certainly will. Bernanke is a fool.
Precious Metals PRICE* CHANGE % CHANGE TIME GOLD 100 OZ FUTR (USD/t oz.) 1,378.200 40.600 3.04% 09:23 SILVER FUTURE (USD/t oz.) 25.470 1.034 4.23% 09:24
Basically normal folk are getting taxed (screwed) through inflation wheat/corn/oil etc etc -- while wallstreet gets free money -- so GS can pay $600K bonuses per/employee. The markets are being juiced who benefits from that -- once again the banker/hedge funds etc. Doesn't really help normal folk -- with their 100 shares of INTC in their portfolio.
correct, and the fact that there is still no major uprising shows they either not aware or thinks its due to external factors