Russia heading for crash as ruble plummets

[Karee 4,191]

Oil going lower will not help the economy. Oil going lower is all part of the larger deflationary trend taking hold. Gold's down, Silver is down, copper is down, soy, corn, oil, etc etc. Dollar up, Euro down. Traditionally stocks are almost always the last holdout and last to join a broadbased decline(cause too many people tend to believe till it's too late - just like on this forum - that everything is just peachy). All the signs are there and have been since 2011 when most assets resumed their 2008-9 declines(and the dollar its ascent). All that's left to do is sit and watch as stocks join them, soon.

You've been saying this for years. The market will crash eventually. It always does and then rebounds. The S&P 500 have averaged something like 7% a year over the last 50 years or more. The market will crash again. No doubt about that. If someone would've listened to you in 2011, they would've missed out a chance to make a lot of money.

[OriZ 3,157]

You've been saying this for years. The market will crash eventually. It always does and then rebounds. The S&P 500 have averaged something like 7% a year over the last 50 years or more. The market will crash again. No doubt about that. If someone would've listened to you in 2011, they would've missed out a chance to make a lot of money.

Just discussing that in this thread: http://www.visajourney.com/forums/topic/528286-gas-prices-dip-to-under-2-a-gallon/

Not years, only 10 months.

If someone would have listened to me? Plenty of people actually do, daily. We've only scratched the surface in the forum the only thing mentioned was stocks which I did not say started a decline yet, on the other hand things that were not discussed here and I was spot on include: oil(if you shorted it in 2011 you would have MADE lots of money), the dollar, bonds, gold, silver and more.

Edited December 22, 2014 by OriZ