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The "expert" analysis of the rise in the markets: "bargain hunting" - i.e., all one gets from the "experts" is catch-phrases and meaningless BS.

If you really want to know why the market went up, here are the reasons:

For those stuffing money into the markets like there is no tomorrow, we can rule out any rational person that can see the pending economic catastrophe in the US. That leaves the following:

1. American morons blinded by greed
2. Saudis investing the mega-profits from $100/barrel oil
3. Anybody in the world that has a currency that isn't as worthless as the dollar, so making US stocks cheap.
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It would take 12 days to pay back a million dollars at a dollar a second. But if you started right now, you'd pay back a BILLION dollars, at a dollar a second, in the year 2039.

A trillion seconds is roughly 32 thousand years. At a dollar a second, you'd pay back a TRILLION dollars in the year 34007.

The U.S. debt stands at $9 trillion. If my calculator is working, then at a dollar a second, the U.S. could be debt- free in the year 290007.

The point of that little exercise was two-fold. The first was to clarify the sheer volume of the debt; the second was to demonstrate the possibility that anybody in government really believes we can ever pay it off.

Each U.S. citizen's share of the national debt works out, according to the National Debt clock, to $29,947.50. That means the average American family of five owes, collectively, $149,737.50.

It also means that unless the average American family of five has a net worth of at least $149,737,50 in assets excluding liabilities (they don't), America is already bankrupt.

So it is not business as usual folks, but keep listening to the clueless rightwing chickenhawks who keep saying that "Alles ist in Ordnung" and you will be a penniless slave owned by the elite after the crash when the dollar is truly worth NOTHING.

put the money you would have spend on crap for relatives and friends in a little box wrapp it up with a red bow.

Submitted for consideration.
What are the odds we're under Martial Law, or some facsimile of it by next Thanksgiving?
Discounting those who'll say we are now.

Forecast: U.S. dollar could plunge 90 pct

Published: Nov. 19, 2007 at 2:16 PM
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RHINEBECK, N.Y., Nov. 19 (UPI) -- A financial crisis will likely send the U.S. dollar into a free fall of as much as 90 percent and gold soaring to $2,000 an ounce, a trends researcher said.

"We are going to see economic times the likes of which no living person has seen," Trends Research Institute Director Gerald Celente said, forecasting a "Panic of 2008."

"The bigger they are, the harder they'll fall," he said in an interview with New York's Hudson Valley Business Journal.

Celente -- who forecast the subprime mortgage financial crisis and the dollar's decline a year ago and gold's current rise in May -- told the newspaper the subprime mortgage meltdown was just the first "small, high-risk segment of the market" to collapse.

Derivative dealers, hedge funds, buyout firms and other market players will also unravel, he said.

Massive corporate losses, such as those recently posted by Citigroup Inc. and General Motors Corp., will also be fairly common "for some time to come," he said.

He said he would not "be surprised if giants tumble to their deaths," Celente said.

The Panic of 2008 will lead to a lower U.S. standard of living, he said.

A result will be a drop in holiday spending a year from now, followed by a permanent end of the "retail holiday frenzy" that has driven the U.S. economy since the 1940s, he said.

© 2007 United Press International. All Rights Reserved.
This material may not be reproduced, redistributed, or manipulated in any form.

"Bargain Hunting"?!?! When the floor of this thing isn't even visible yet? Like gathering crops during the hailstorm. We've had our chance to put aside for a rainy day. Economic Nuclear Winter's upon us. I would've thrown a 'repent' in there, but it's too late for that.

so what do you do with your money????? SHORT THE USA!!!!! will make you rich in the next 5 years.....and when the bottom is in buy china-india until you need to learn mandarin and love curry to protect your investments.

Invest in hand tools, seed and firearms. And I mean literally. Someplace you can get your hands physically on them quickly.

Because all this other shit - won't be worth shit.

For anyone interested in the truth about your precious FED, enjoy:

http://how-the-world-really-works.prosperitydoctor.com/output.php?ChapterID=42&BookID=5

Don't cash out and buy bonds and gold just yet.

Dear Dendroica, in any other time and any other place I'd call you a communist, and hell, you may still qualify. It is obvious that you work for some investment firm or perhaps even the u.s. govmt. I strongly recommend any of you who buy into Dendroica's bullshit to go ahead and drink that Kool-aid, i'll have not a pittence of pitty for you. Mr continental has some very sound advise and reasoning EXCEPT that I'll bey you a dollar to a donut, that he is employed by J.P. Morgan Chase, and is fully aware that if you buy gold, once it runs up a bit, Ol' J.P. skims the profits until the sheeple replenich the coffers to do it all over and over again. Some gold coin is fine, but don't fall victim to that jpmorgan/chase shit.

We are on a down turn that six years ( or 26 years) will bearound for 50 years. It's time to ask your kids if the like paying bills. They will certainly have them forever. We are in debt to the republican administration and China.

More Dendroica BS ...

" The government will not print money that isn't backed by the Gold in Fort Knox. Releasing funds that are in reserve is not the same thing as printing money." - Dendroica

That's the biggest load of crap I've heard in a long , long time !

The biggest reason that America will implode is that you have young generation of uneducated morons who still believe in Buybull fairy tales.

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For those stuffing money into the markets like there is no tomorrow, we can rule out any rational person that can see the pending economic catastrophe in the US. That leaves the following:

1. American morons blinded by greed
2. Saudis investing the mega-profits from $100/barrel oil
3. Anybody in the world that has a currency that isn't as worthless as the dollar, so making US stocks cheap.

That's as good - if not better - analysis than any of the talking heads could ever provide!
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