Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver is on the rise!
>
Reply to Thread
Message:
<p>[QUOTE="Vess1, post: 1298070, member: 13650"]I agree with these statements. Things have changed so much with this global economy that I don't see what's on the horizon that's going to boost our markets and make them profitable for everybody. I only see it hurting our economy and the markets going forward. In the 80s, we were in much better shape than we are now. A lot of business was still here that is gone now, never to return. The country didn't have anywhere near the debt burden that exists now, at all levels. </p><p> You have 50% of the country that pays zero taxes. So you can assume that 50% of our population is not contributing a penny to the markets. Of the other half, you could say the majority is fighting to maintain a middle class lifestyle and contributing very little to the markets if anything at all. Many struggling just to keep their homes. I don't see this changing. I just can't figure out who's going to be buying all this stock and driving prices up. Gone are the days of millions graduating highschool and going straight to a blue collar job, contributing to a 401k with a company match their entire lives. </p><p><br /></p><p> Now everybody goes to McDonalds or college and has to pay back school loans for 20 to 30 years. 1 in 10 people work for Walmart. They aren't going to drive the markets. People have to, pay their own multitudes of bills (many that did not exist in the 80s), still enjoy life, save for every day emergencies and save for their kids. And then somehow save something for retirement. Only about 15% of households in America are bringing in 100k a year. They're the only ones that have a chance to invest (take a gamble with it) and that's assuming they aren't maxed out on bills and paying school loans back. There isn't enough real wealth out there to drive this market much higher than it is. I just don't believe it. </p><p><br /></p><p> The only way the market could double may be from rampant inflation some day. I could see that happening but then you haven't really gained anything.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1298070, member: 13650"]I agree with these statements. Things have changed so much with this global economy that I don't see what's on the horizon that's going to boost our markets and make them profitable for everybody. I only see it hurting our economy and the markets going forward. In the 80s, we were in much better shape than we are now. A lot of business was still here that is gone now, never to return. The country didn't have anywhere near the debt burden that exists now, at all levels. You have 50% of the country that pays zero taxes. So you can assume that 50% of our population is not contributing a penny to the markets. Of the other half, you could say the majority is fighting to maintain a middle class lifestyle and contributing very little to the markets if anything at all. Many struggling just to keep their homes. I don't see this changing. I just can't figure out who's going to be buying all this stock and driving prices up. Gone are the days of millions graduating highschool and going straight to a blue collar job, contributing to a 401k with a company match their entire lives. Now everybody goes to McDonalds or college and has to pay back school loans for 20 to 30 years. 1 in 10 people work for Walmart. They aren't going to drive the markets. People have to, pay their own multitudes of bills (many that did not exist in the 80s), still enjoy life, save for every day emergencies and save for their kids. And then somehow save something for retirement. Only about 15% of households in America are bringing in 100k a year. They're the only ones that have a chance to invest (take a gamble with it) and that's assuming they aren't maxed out on bills and paying school loans back. There isn't enough real wealth out there to drive this market much higher than it is. I just don't believe it. The only way the market could double may be from rampant inflation some day. I could see that happening but then you haven't really gained anything.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver is on the rise!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...