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<p>[QUOTE="DrHenley, post: 1710477, member: 50741"]Peering into my crystal ball I see the bottom at $22</p><p><br /></p><p>Oh wait, this is a snow globe...<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p>I'll just have to rely on my history books...<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>History says whenever the stock market goes up for an extended period of time as a result of being artificially propped up, it eventually becomes unsustainable. The more it is propped up, the greater the fall. QE1,2,3 were for the express purpose of artificially propping up the market. You know it and I know it. </p><p><br /></p><p>I think we're about to see what always happens when the market is propped up artificially for too long. We can't pay off the debt without massive inflation. We can't even SERVICE the debt without massive inflation. </p><p><br /></p><p>Bargain hunters are buying up silver and gold so fast the physical supply may soon be exhausted. Some dealers are already sold out of everything. </p><p><br /></p><p>Maybe running out of physical will be the tipping point, I'd look into my crystal ball and tell you exactly when and what will happen, but I can't seem to find it...[/QUOTE]</p><p><br /></p>
[QUOTE="DrHenley, post: 1710477, member: 50741"]Peering into my crystal ball I see the bottom at $22 Oh wait, this is a snow globe...:rolleyes: I'll just have to rely on my history books...:D History says whenever the stock market goes up for an extended period of time as a result of being artificially propped up, it eventually becomes unsustainable. The more it is propped up, the greater the fall. QE1,2,3 were for the express purpose of artificially propping up the market. You know it and I know it. I think we're about to see what always happens when the market is propped up artificially for too long. We can't pay off the debt without massive inflation. We can't even SERVICE the debt without massive inflation. Bargain hunters are buying up silver and gold so fast the physical supply may soon be exhausted. Some dealers are already sold out of everything. Maybe running out of physical will be the tipping point, I'd look into my crystal ball and tell you exactly when and what will happen, but I can't seem to find it...[/QUOTE]
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