Realcent.org

I've always liked Larry Kudlow and today he said that the general feeling he is hearing is that "all these doomsday scenerios" aren't happening (at least not as soon as once thought) and as a result people are moving away from their cash positions and buying stocks.

If this is truly the case it might mean a short-term bear market for PM's. However I do still feel bullish long-term on PM's but if Kudlow is correct it might be a longer wait than many of us here anticipated. Just my thoughts.....

LONG SLOOOOOW TRAIN WREEECKKKK

Kudlow is a stock permabull... what else would you expect him to say? These talking heads have to utter sounds in order to get paid. If they're provocative or controversial, all the better, they up the ratings... right or wrong. I prefer Rick Santelli, but you could say the same things about all of them.

Just realized I haven't seen much of Bill Griffeth lately, but then again, I hardly ever watch tv.

beauanderos wrote: I prefer Rick Santelli, but you could say the same things about all of them.

I like Rick Santelli myself. Being on the trading floor he seems to have a good feel on what's on the minds of the traders.

pennypicker wrote:

beauanderos wrote: I prefer Rick Santelli, but you could say the same things about all of them.

I like Rick Santelli myself. Being on the trading floor he seems to have a good feel on what's on the minds of the traders.

I like it that he tells it like he sees it, doesn't pull any punches, regardless of what the aftermath might bring.

Seems like these same folks were saying the same thing in Spring 2008, and Summer 2008, that now was the time to buy stocks, that P/E's were great, indicators on X were great, etc., etc. As someone else said, it is their job to sell the market. I'd be interested to see what they are doing with their personal accounts. I doubt their actions mirror their words.

For the last 30 years there has always been some sort of major recession during the last six months of a President leaving office. Bush 41 was pretty much Reagan's third term. The DOW will hit 17,000 to 18,000 before Obama leaves office and I could care less since I'm no longer in that casino. People have been starving for wealth so much that their short term memory has gone away. I even see some people on here boast about their 401k's as if they are in denial that Cyprus couldn't happen to them. It will happen no later than the last year of Obama's term and until then there is a lot of time for more people to get suckered into the market. BTW, I hope to see DOW 18,000. That mean silver should go down to about $12 to $15 right?

NHsorter wrote:LONG SLOOOOOW TRAIN WREEECKKKK

I understand it takes the average empire (civilization) about 250 years to collapse most completely and it's difficult in my eyes to deny our standard of living has not been in a decline since the mid-1970s. So, it looks like we are approaching the end of the first quintile of the decline.

Teach your children well as they need to teach their grand children well. It's not an overnight deal. It's a multi-generation program. Long-term strategic! It's thinking beyond the 7th generation thinking attributed to the Native American cultures.

. . . "it's the tell of us all, and you've got to listen it and 'member, cause what you hears today you gotta tell the newborn tomorrow" (Mad Max Beyond Thunderdome, 1985). and it seems to be following the decline of oil rather closely.