Old Project Avalon Forum (ARCHIVE) - View Single Post - Oct6th - Dow jones -500 / -4.60% level 9865.00

Falco · 10-15-2008, 05:31 AM

Hi Steve,
Political side, sure - Its all political. It is being set up so that there eventually will be one central world bank.http://www.lastreporter.com/?p=2059
There is no one who knows how things will exactly panout, but I believe, as many do, that the $US will ultimately collapse. Could be sooner rather than later. Is this orchestrated? Certainly looks like it from my perspective. The only way to ameliorate the financial crisis is to introduce an asset backed currency.No fiat currency has survived for long. I wonder if the Amero, if it comes to pass, will be asset backed?

Nice gains on the DOW Monday but unable to holdon Tuesday. What will Wednesday and the week bring? I`m guessing more down. The IMF is saying up to 20% more downside; http://business.timesonline.co.uk/to...cle4926584.ece I excpect that is conservative. Some doom and gloom analysts are predicting a bottom of 7500 for the DOW and others saying it will rise to 12500 in 09.

Just some thoughts from a regular Joe

10-15-2008, 05:31 AM	#85
Falco Avalon Senior Member Join Date: Sep 2008 Location: British Columbia Posts: 4	Re: Oct6th - Dow jones -500 / -4.60% level 9865.00 Hi Steve, Political side, sure - Its all political. It is being set up so that there eventually will be one central world bank.http://www.lastreporter.com/?p=2059 There is no one who knows how things will exactly panout, but I believe, as many do, that the $US will ultimately collapse. Could be sooner rather than later. Is this orchestrated? Certainly looks like it from my perspective. The only way to ameliorate the financial crisis is to introduce an asset backed currency.No fiat currency has survived for long. I wonder if the Amero, if it comes to pass, will be asset backed? Nice gains on the DOW Monday but unable to holdon Tuesday. What will Wednesday and the week bring? I`m guessing more down. The IMF is saying up to 20% more downside; http://business.timesonline.co.uk/to...cle4926584.ece I excpect that is conservative. Some doom and gloom analysts are predicting a bottom of 7500 for the DOW and others saying it will rise to 12500 in 09. Just some thoughts from a regular Joe Last edited by Falco; 10-15-2008 at 05:57 AM.