Our economy is slowing again at a much quicker pace

The economy sucks because the wingnuts have gone into hoard mode. No demand= no economy.30% of the consumers decide to stick their head in the sand and this what you hoarders get. Keep your pennies in precious metals.

jmc wrote: The economy sucks because the wingnuts have gone into hoard mode. No demand= no economy.30% of the consumers decide to stick their head in the sand and this what you hoarders get. Keep your pennies in precious metals.

...and dehydrated rations and extra gun magazines.....

Oh and I forgot to add a link to this story- corporate insiders are selling their stocks at the fastest pace since records were being kept- the early 1970's!

This is a very interesting development, because corporate officers know the most about their companies profit opporunities. Is there a massive selloff in the works?

The insiders say yes.

Bad news, stock-market bulls: Corporate insiders are selling their companies' shares at an abnormally fast pace.

In fact, one measure of that selling activity shows insiders of NYSE- and AMEX-listed companies recently were selling at the fastest rate since data began being collected in the early 1970s, four decades ago.

On the theory that insiders know more about their companies' prospects than do the rest of us, this is an ominous sign.

http://finance.yahoo.com/banking-budgeting/article/113220/insiders-selling-unusually-fast-pace-marketwatch?mod=bb-budgeting&sec=topStories&pos=6&asset=&ccode=

I just talked to a friend who said he had heard that there is a huge sell-off in REITs today. Anyone heard that?

The economy sucks because the wingnuts have gone into hoard mode. No demand= no economy.30% of the consumers decide to stick their head in the sand and this what you hoarders get. Keep your pennies in precious metals.

Damn right I'm hording my money! When I see a capitalist running this country again I'll invest again. Screw all you socialists! No investment means I'm not making any money, but I'm not losing it either, and I'm not paying any more taxes on it to a damn socialist.

We'll come out of hiding when it's safe again!

I just talked to a friend who said he had heard that there is a huge sell-off in REITs today. Anyone heard that?

I havn't heard it - but it wouldn't suprise me- I'll look around.

BearMtnHIB wrote:

The economy sucks because the wingnuts have gone into hoard mode. No demand= no economy.30% of the consumers decide to stick their head in the sand and this what you hoarders get. Keep your pennies in precious metals.

Damn right I'm hording my money! When I see a capitalist running this country again I'll invest again. Screw all you socialists! No investment means I'm not making any money, but I'm not losing it either, and I'm not paying any more taxes on it to a damn socialist.

We'll come out of hiding when it's safe again!

Did you ever consider that you are living a self fulfilling death wish?

BearMtnHIB wrote: We'll come out of hiding when it's safe again!

Putting one's money in a mattress may sound safe, but ask people who tried that during the Weimar inflation how that worked out for them.

http://blogs.barrons.com/stockstowatchtoday/2011/07/29/kbw-reits-pc-insurer-selloff-is-opportunity/?mod=BOLBlog

Sorry- I posted an old story- but there has been a selloff in REITS this week.

That's not good.