Graph of the Dow-Jones Industrial Average for two time periods that are remarkably similar: today versus 1929.
 
http://www.marketwatch.com/story/scary-1929-market-chart-gains-traction-2014-02-11
 

This does not scare me because every few years someone comes up with charts paralleling 1929 and now. It makes for good convo, but the financial world is so much different now.  We have actually had larger drops than 1929 and it do not have the same results.

Oh sure, twist the argument by applying logic...

why be scared?
 
we all know history never repeats itself.

bitflipper
Oh sure, twist the argument by applying logic...

For the sake of not being a killjoy, I am now in a sniveling state of panic!

Water?   check
Food? check
Guns & ammo? check
 
bring it on.

It did drop some but came back up... however, it can't continue to just go up forever. One day the dollar will fall and everything will change. It is almost to 17,000 today. All on artificial FED Reserve manipulations IMO. That is what really scares me, our money is worth nothing more than the credit of the government, it has no inherent value and the FED keeps playing games. They have REALLY hurt the elderly who saved and have tried to supplement their income with interest. It is hard to live on 1% interest. It is badly corrupted.
 
http://www.marketwatch.com/investing/index/DJIA/charts
 
J

End the Fed!

The one advantage of not having anything in the first place is not having to worry about maybe losing it all.

paulo
The one advantage of not having anything in the first place is not having to worry about maybe losing it all.

That's why I have no self respect.