Greenspan Stock Chart
Submitted by JohnKing on Sun, 01/25/2009 - 19:44
Mr. Alan "Bubble" Greenspan took the markets on a wild ride.
Look at the chart from 1987 forward.. how low can we go?
ummmm.........a WHOLE LOT.
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Here's another one. The
Here's another one.
The Dow Jones Industrial Average priced in gold.
The true value of the DJIA
Peter Schiff likes to use this comparison.
If you make it a normal chart
instead of a logarithmic one, you can see the percentage moves better. The market is approaching 50% from its high but it doesn't look like it on a logarithmic chart.
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The Fed is not a private bank. PRIVATIZE THE FED!!!
"The Federal Reserve Banks should simply be regarded as governmental agencies." -Murray Rothbard
"I now call the Federal Reserve the fourth branch of government." -Ron Paul
anyone predict where the bottom will be?
I think it'll be somewhere between 4,000-5,000
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Boycott Israeli goods!
http://www.inminds.co.uk/boycott-leaflet.html
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"The essence of freedom is the proper limitation of government". ~ Founding Fathers
The short answer is no. No
The short answer is no. No one can predict where the bottom will be.
Where the bottom will be in nominal terms depends on a race to the bottom between the economy and the dollar. Right now the economy is winning the race to the bottom, because dollars are in high demand to pay off loans.
I can't even read it much less
understand what I'm supposed to be seeing. It's a blur and impossible to discern.
Put your cursor
anywhere in the chart and left click to enlarge the text.
1987=Dow 2709.5 2008=Dow 8077.56
Draw your own conclusions.
Socialists are Everywhere
Socialists are Everywhere
Hope Your 401K
Does not follow this rise. Or it will follow the decline.
People this is not joke.