Winter Warning – DOW 1,000 is Not a Silly Number…

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JAG's picture
JAG
Status: Diamond Member (Offline)
Joined: Oct 26 2008
Posts: 2492
Winter Warning – DOW 1,000 is Not a Silly Number…

A good read from Nate's site.

bluestone's picture
bluestone
Status: Gold Member (Offline)
Joined: Dec 29 2008
Posts: 263
Re: Winter Warning – DOW 1,000 is Not a Silly Number…

JAG

I think that is a great read.  My wife and I still have a lot of equities through Europacific capital (peter schiff).  Its all foreign equities and for us it has outperformed the US stock market.  Nevertheless, it still goes up and down with the Dow Jones, making me think that  cashing out a significant portion is a good idea.

By the way, are you still a deflationist?  Is your position still to hold US dollars?

 

Brian

earthwise's picture
earthwise
Status: Platinum Member (Offline)
Joined: Aug 10 2009
Posts: 846
Re: Winter Warning – DOW 1,000 is Not a Silly Number…

 

At first blush, the notion of the Dow at 1,000 seems ridiculous. But the logic is compelling. Better hold on tight.

Good find JAG, thanks.

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