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(18,184 posts)Wellstone ruled
(34,661 posts)We all are going to take a hit until the 1%ers complete their rotation out of Commodities and use the Values of our 401's and IRA's through short selling to steal our Equities. BTW,the High Yield market is in full crash,and noticed there was some proposal in the House of Representatives to bail out this debt by using the Feds to buy up these worthless bonds as a payback for funding their reelections. China will be a problem until they stop messing with their currency and they are a managed Economy with the Red Army running the show.
doc03
(35,365 posts)10% off its all time high. I retired back in the crash of 2009 if I would have listened to these people
my IRA wouldn't be half of what it is today.
elmac
(4,642 posts)it could of easily have went the other way and you could be eating out of a dumpster now.
Thom doesn't give investment advise and has had advisers on since 2009 that have suggested buying stocks. He admits he is no market timer and as far as I know is only invested in boring T-Bills now. Haven't heard him pushing gold for a few years but Gold is up over 300% since 2000, the stock market, not so much.
As far as RT goes, giving someone airtime who doesn't kiss corporate ass & thinks outside the corporate run network canned so called news is ok in my book, I would trust news from Russia over koch brothers any day or night.