Monday, February 8, 2010

Follow the trend

Stock Market Massive Head and Shoulders Bearish Price Pattern

This analysis suggests that the entire stock bubble since 1980 was just that, a bubble, and it is all about to pop. 1,000 on the DOW anybody? Really, the whole thing has been a bubble since 1971 when the US dollar dumped the gold standard. This didn't only affect the US, because most countries have the majority of their reserves in the dollar, so, it wasn't the US that came of the gold standard, it was the entire world. They have a choice now, deflationary depression or hyperinflation to bide time. I think they want a war to distract, history has that every time, but can they get away with it now that we have the internet to expose the necessary false flag event?

Posted by freemanphil @ 11:20 PM (1017 views)
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2 thoughts on “Follow the trend

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  • It’s good to be reminded just how far the Dow has risen over the past few decades relative to inflation. We get so used to Dow being at 10000 that we forget where it was not so long ago in cycle terms.

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