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Frugi
Moderator
USA
401 Posts |
 Posted - 06/30/2008 : 21:14:01
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Mixed session ends worst June since the Great Depression.
Down over 14% for the year, and over 10% for this month alone.
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Ardent Listener
Administrator
USA
2212 Posts |
Posted - 06/30/2008 : 21:26:45
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| Scary! |
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All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for entertainment purpose only. It is not the intent of realcent.forumco.com to provide investment, medical, legal or tax advice and nothing posted here should be considered to be so. |
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NDFARMER
Penny Pincher Member
USA
224 Posts |
Posted - 06/30/2008 : 22:34:50
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| I hope I am wrong but I think it is only the beginning, it is going to get a lot worse before it gets better. |
COPPER - the "poormans" precious metal!!! |
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Frugi
Moderator
USA
401 Posts |
Posted - 07/01/2008 : 08:56:30
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| Guns & ammo! |
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Know Common Cents
Penny Pincher Member
173 Posts |
Posted - 07/01/2008 : 18:36:24
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Prepare. Prepare. Prepare.
During the past couple of weeks, I've accelerated my food-for-storage purposes. Add to that, my ongoing ammo-for-necessity purchases.
I've thought about this "situation" in great detail. I've been around for a long time and have experienced times of plenty and times of bare existence. About the only time in my life when I felt this level of continual uneasiness and trepidation was during the Cuban Missile Crisis in the early 1960s. It's been very interesting and scary to have watched some in-depth analyses of this time in history on some TV programs. I WAS justified being scared and had no idea just what hair-trigger posturing was happening daily between the US and Cuba (Russia).
I have that gnawing feeling again. Every day (at least once) I review my growing list of supplies that I'm putting back for future use. Just wait until a high percentage of the public gets their 401 (k) statements for the 2nd quarter of 2008. Everything won't be OK. Not opening their statement to avoid the financial bloodbath results is just another step toward the Fool's Paradise. |
Here in Wisconsin, we have some of the highest property and gasoline taxes in the US. We're squeezed so much, I have to make my daughter wear penny boxes for shoes. At least she has an endless supply. |
Edited by - Know Common Cents on 07/01/2008 18:37:38 |
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Saul Mine
Penny Collector Member
USA
318 Posts |
Posted - 07/02/2008 : 04:35:43
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| For a bit of a jolt, go to stockcharts.com click on "Free Charts" and type in $INDU:$GOLD. That plots the DJIA priced in ounces of gold. You'll have to go back a few years to locate the peak. |
A penny sorted is a penny earned!
Please use tinyurl.com to post links. Long links make posts hard to read. |
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copperpennies
Penny Pincher Member
USA
144 Posts |
Posted - 07/02/2008 : 19:54:27
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| my dad called yesterdays increase a "dead cat bounce" i still laugh at that, and i think the market was down again today. |
Buy my copper pennies under
Few day sale, $95 copper pennies $145 delivered.
in the buy/sell/trade forum. |
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misteroman
Moderator
USA
1159 Posts |
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Nickelless
Penny Hoarding Member
USA
817 Posts |
Posted - 07/03/2008 : 17:22:07
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quote:
Originally posted by Know Common Cents
Prepare. Prepare. Prepare.
During the past couple of weeks, I've accelerated my food-for-storage purposes. Add to that, my ongoing ammo-for-necessity purchases.
I've thought about this "situation" in great detail. I've been around for a long time and have experienced times of plenty and times of bare existence. About the only time in my life when I felt this level of continual uneasiness and trepidation was during the Cuban Missile Crisis in the early 1960s. It's been very interesting and scary to have watched some in-depth analyses of this time in history on some TV programs. I WAS justified being scared and had no idea just what hair-trigger posturing was happening daily between the US and Cuba (Russia).
I have that gnawing feeling again. Every day (at least once) I review my growing list of supplies that I'm putting back for future use. Just wait until a high percentage of the public gets their 401 (k) statements for the 2nd quarter of 2008. Everything won't be OK. Not opening their statement to avoid the financial bloodbath results is just another step toward the Fool's Paradise.
I think that the difference between the Cuban Missile Crisis and now is that back then, everyone was well aware of the threat. I can't figure out now if people are just unaware that everything is getting closer to hitting the fan or if they just don't WANT to admit that the American way of life as they've known it is heading for the crapper. |
Bid your heart out on my copper cent auctions : http://search.ebay.com/_W0QQsassZyellowbanks42301 |
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How 'bout that Dow!
