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Message:: [QUOTE="ambro, post: 315351, member: 11143"]Just a note on how the market has changed. In 1934 an SEC regulation was instituted that only allowed the short selling of a stock that was on the uptick. Holding a stock 'short' means that you make money when it goes down.  In mid July of 07 that restriction was done away with. Very shortly, Hedge funds, which throw billions of dollars into the market daily, found that they could cascade stock prices downward, kick out the stops and drive prices down almost at will. While *they* profited, many smaller investors lost bazillions of dollars through this legal theft. There is no sign of this letting up. Also, there is no sign of any willingness by the SEC to change this situation.  If you look at the 1 year chart for mostly any stock, you will note this change in Mid July. It had a profound impact. Indeed, like the Rapa Nui, short sellers can 'cut down the last tree on the island'.  This, coupled with an unstable credit/oil/recession threat situation has caused the beginning of what very well may be a long term decline. To think that we are immune from another '1929' is sheer folly. There are no guarantees, and since Nostradamus retired, no one can give us a clear prediction. Indeed, no one can tell you at 9:30 AM that the stock market is going to have a good/sideways/ or horrible day. No one. Coins, mostly immune to day to day drastic changes in value, will weather this quite well.  Bullion may very well lose some of its draw if Oil prices moderate, or decline. Not that this is likely, but the two are tied together on a worldwide basis that will only increase. No, this is not a political forum, and forgive me it some of this sounds that way.[/QUOTE]

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