If The Dow Drops Below 15,000…

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Taco
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If The Dow Drops Below 15,000…

Post by Taco »

If the Dow drops below 15,000 points I would suggest people start buying food and ammo, because this depression is about to turn nasty. The rally since 2009 was stunning considering the fundamentals. The meltdown will be shocking.

If The Dow Drops Below 15,000… I Would Suggest People Start Buying Food & Ammo
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droid
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Re: If The Dow Drops Below 15,000…

Post by droid »

There's nowhere for it to go but down.

"I would suggest people start buying food and ammo"

Or,
You could short it via some casino-like ETFs (timing critical though) and/or some under-$1000 Gold.
I don't have the balls to do this right now though, plus my savings are meant for my relocation/ass-hunt;

Feel free to quote me on this next year.
Last edited by droid on October 15th, 2014, 10:46 pm, edited 1 time in total.
1)Too much of one thing defeats the purpose.
2)Everybody is full of it. What's your hypocrisy?
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Contrarian Expatriate
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Re: If The Dow Drops Below 15,000…

Post by Contrarian Expatriate »

All law-abiding men should already own guns and ammo, but the collapse of the stock markets should not mean doomsday if you are already out of the market.

Hedge your bets against market by buying "allocated" shares of precious metals, and spread your cash between two countries or so.
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