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July 30, 2014

Due diligence and fundamentals count for nothing because the arithmetic makes no sense,

a_panic.jpg

successful investing amounts to insider information and front running the Fed.
The oscillations are wild and coming closer together. But still it goes up. One day it won't. The crash will be 2008 on afterburner because no one trusts anybody, no one honors anything, no one believes anything. The flash-crash will look stately by comparison. It'll be like being pushed out of a tree in the darkā€”pain and terror every inch of the way.
ol remus

Posted by gerardvanderleun at July 30, 2014 11:01 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

If you haven't bought gold, whiskey, guns and ammo by now, you very late. All of the aforementioned are great barter items. Stocks and dollar bills, not so much.

Posted by: Vermont Woodchuck [TypeKey Profile Page] at July 30, 2014 3:24 PM

@VW: I'd add tobacco to the list. In any form like snuff or bulk cigarette tobacco.

Posted by: chasmatic [TypeKey Profile Page] at July 30, 2014 10:37 PM

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