Good time to Sell your Stock?

This post was written by marc on August 11, 2003
Posted Under: Bush

Should you sell your stock or hang on to it? Well – that depends on if you think the economy is going up or down. Are we really in a “recovery”? Is the economy on the rebound? I think not.

America is living a lie and it’s just a matter of time before we can no longer fake it. Interest rates are on the rise. Unemployment is increasing. Taxes are going up, especially on the middle class as states raise taxes on everything to fix their own deficits. And – the national deficit for 2003 is currently projected at 455 billion, and that’s not including the social security ripoff that bumbs it up to 650 billion.

So – if you want to stat in the market – good luck! The only mystery here is – how long can they keep the lie going? America is a nation in deep denial. Reality is going to catch up to us some day soon.

Reader Comments

This country is going to hell in a handbasket and it isn’t just the economy although that’s bad enough.

#1 
Written By Andrea on August 12th, 2003 @ 11:33 pm

Precious metals and junior mining stocks are the way to go here. I’m not a financial analyst, but I have studied the markets and the direction of the economy. At least look into it; silver is dirt cheap, but it won’t stay that way. It’s in a deficit right now, and it’s used in almost every technical piece of equipment made. When they redo the energy grid, they will use a superconductive material in the lines which will have to be surrounded by a very conductive metal. Which metal? Silver. At the price it’s at, it’s not going lower, it can only go in one direction. Don’t take my word for it; do some serious research. Also, check out what the big money people are buying while they’re doing a slow sell off of their tech stocks.

#2 
Written By migs on August 24th, 2003 @ 6:18 am

Yet another prediction unfulfilled.

#3 
Written By Randy Charles Morin on June 30th, 2004 @ 9:59 pm

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