Precious metals

So are you saying the PE ratios under 20 today are way too high and we should see a correction coming soon? Because if that's the case I disagree. On a technical and fundamental basis I currently see no looming crash. I'm curious what the counterpoint is as far as targets are concerned. Just saying we haven't corrected in 7 years is not a valid thesis.

 

last i saw, p/e ratios had a 22 weighted average

 

I’m not guessing nor basing my assumptions off any charts, trends, foreign markets, etc. Again, I’m not an economist by any means. As before, time will tell who's assumptions are on target.

 

The stock market is way inflated, most of QE was pumped into the stock market. That's why we aren't getting crazy inflation... Because the money supply isn't increasing, which is why the economy is flat.... Stocks won't fix the economy.....

They are not going to raise rates... If they do the system will crash faster....

I think they are going to let it crash, but if they fire up QE4 the sky is the limit, but I think it's getting too hard to push the market up and the billionaires got out last fall for a reason....

Sounds like China and Russia have been dumping treasuries, so in a crashing market, the side line or is the safest place to be...

Wait it out then jump on the best value, I have some money in but my short is the best performer by far for the year... The rest is side lined....

and my new money is going into PMs......

If the market goes lower than 13000 it will get real ugly......

 

Also don't forget about junk silver, it's not junk and has more resale value than eagles or maples right now....

Not cheap, but no more is being made, 25-35 an oz right now is a little steep, but if you want it you have to get.....

Junk silver bottomed out about fall last year and is not going down......

I was getting 90% silver(junk) for my fractional silver but they could have higher value than bullion coins down the road.....

And I sold all my silver ETFs a while back.... The digital price keeps dropping but the physical (real) price seams to have bottomed this spring.....

 

http://www.apmex.com/product/71385/2013-australia-1-oz-silver-kookaburra-bu

2013 Kookaburras are $40 we bought them for around $23-24 2 years ago.....

So you can make money in silver also.................

 

Let me clarify a few things:

QE NEVER gets "pumped" into the stock market. That's never been the function of any monetary policy.

They will raise rates and a good chance that they will give us 25 basis points faster than you think and maybe even in September.

No one's dumping treasuries in a crashing market, China is raising cash by selling treasuries so that they can strengthen the Yuan and money supply in China.

Market will never hit 13,000 nothing's getting ugly.

If my predictions are wrong I will be the first to admit it, but if I'm right.....

 

It's definitely under 20 sir.

 

S&P 500 Current P/E 20.69 Forward P/E 17.52 Current Yield 2.10%

 

If you are bullish on the market, you are in the wrong section....

Because you are dead wrong and we will know in the next month....

The market has already started to crash, you need to use this break in the crash to back out of your positions...
Take your small losses now because this is just the start.....

What do you think QE is????? Why does the market go up with QE???? Because it is money, that we pay for, that's given to the banks to buy stocks....

Again the market goes through cycles and this is the end of this bear run unless they go to QE4, which they may because they are desperate to hide the damage... But I think it's too late and it is year 7 and the market won't last another 7 years on fake investing.....

China is dumping treasuries, Ok they are just selling for some reason, it's the same thing, they are dumping what they don't want, if they just need cash they could sell some of that gold they stock piled, but they want to keep the gold and they don't want US debt and that is a fact that is going to hurt us....

 

Here is what is really going on in the world..... Dave will teach you the real economics......

 

So if in a month from now the financial apocalypse hasn't happened do we just wait another month ?

 

More broken economy facts, the unemployment numbers are fake.....

 

We will be in QE4ever and that will be all the info you need, but the stock market could take off again......

So you have to look at your down side risk compared to the up side....

Every matrix tells you sell, but you want to stay in, just like the traders in the twin towers, the were making too much money to leave the building....

You already missed the top, so take your losers and bail out now and wait to see what happens.....

Again this is not a pro stock market thread, but it will save your life savings if you listen....

Or just go buy more Apple it's up 2% and not that many people have it yet, so I'm sure it's about to take off......

 

I'll check back in around Sept 30

 

Sounds good..... First date is September 13..... Next date is September 23......

 

See ..... you ..... then .....,

 

Shit, I missed out on this thread for a while. The logic is entertaining.