Stocks, oil, real estate, and metals are cheaper than thier respective peak prices. What is the problem now ?

Why is everyone nervous? It looks like this would be better time to buy


home at cheaper price.Stocks, oil, real estate, and metals are cheaper than thier respective peak prices. What is the problem now ?
THAT IS A FACT: This is the best time to buy - the problem is: We


need all the cash we can get. If we spend it now, something may


happen and we will be screwed because we will not be able to borrow.





This is the law of supply and demand. Although there is a lot of supply


the demand is low. The demand goes lower if the available funds on


hand go lower (unemployment increase).





When 50% of the cars are taken off the road, price of Oil will nose


dive. Jobs will also cease to be available. Credit will dry up ';CASH


IS KING';.





The sooner you switch to a cash-less society, the sooner you will


recover from this economic down turn.Stocks, oil, real estate, and metals are cheaper than thier respective peak prices. What is the problem now ?
OMG! LOL!!!


A cashless society is the solution? Maybe if you are talking about gold but not digicurrencies. Overnight the govt would devalue them with a keystroke! Stocks are down because they are overpriced just like real estate. Metals are cheap because of heavy govt intervention. The dollar is being crushed. Stocks have done nothing (inflation adjusted) since Bush took office - EVEN AT THEIR HIGH of over 14,000 on the DOW. Bonds are going to get pounded next. Real Estate isn't done correcting. You need to understand we are not heading into a recession we are already in it. What the govt types don't want to mention is the possibility of the D-word. Depression. That is the panic going on right now. The problem is that the solutions that are being touted are bailouts to the idiots that caused the mess which are allowed to walk away from their mistakes unscathed and with the opportunity to actually profit from it and to keep all the billions that they raked in and gave to themselves while sticking us with the bill. And believe me you will have to pay in the form of a hidden tax known as INFLATION! In order to pay for this they are going to have to create dollars out of thin air by just creating them. The more dollars that there are the less that they are worth so people raise their prices. OUCH! Gold moves relative to the phoney money and preserves the value of it. Its mess right now but its only going to get uglier. This is just the beginning. $700 billion - HAH! When have they gotten it right yet? That's a starting point. This is going into the high trillions maybe even to a quadrillion. The Masters of the Universe have tried to become gods themselves. The fooled us and moreover they fooled themselves into believing their own lies.