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Motely Fool going doomerish

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Motely Fool going doomerish

Unread postby UncoveringTruths » Thu 22 May 2008, 11:40:38

$this->bbcode_second_pass_quote('', 'A') couple of weeks ago, my wife and I moved to our dream home on the 12th fairway of a golf course in our beloved East Tennessee. We're still meeting neighbors, one of whom reported the other evening that a black bear had recently been spotted ambling along our fairway.

Given my sentiments about the market (and because most of the neighbors don't yet know me) the bear might have been yours truly. I find it hard to understand how, with crude oil prices continuing to run like scalded dogs (or bears), the markets can keep from being boiled themselves.

skip

But beyond those and perhaps a few other selected sectors, I'm about to brace myself and await a general economic -- and market -- catastrophe. I’ve expected this for a couple of years, having watched energy and resources being blown sky-high. This phenomenon has already spread across a wide range of groups, including housing, autos, and consumer durables. Every time we pull up to the gasoline pump, consumer confidence gets hosed.

So there you have it, Fools -- my opinion on what I consider to be a very shaky set of economic prospects. I certainly don't recommend that you abandon the market, but I hope you'll tailor your investments to the world's changing spin.



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Re: Motely Fool going doomerish

Unread postby JJ » Thu 22 May 2008, 12:56:27

Every day I get a different version of this in my mailbox:

SPECIAL REPORT

2 of the most powerful investing secrets of all time are right now pointing to a... BONANZA in PEAK OIL!
Here's what's in it for you: Soaring oil prices could pour a ton of money into your account for years to come. Read on to discover the 2 secrets, plus 4 timely opportunities...
May 21, 2008


Dear Fellow Investor,

What's PEAK OIL? And how can it bring you real wealth?

(from Motley Fool)
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Re: Motely Fool going doomerish

Unread postby WildRose » Thu 22 May 2008, 13:19:41

$this->bbcode_second_pass_quote('JJ', 'E')very day I get a different version of this in my mailbox:

SPECIAL REPORT

2 of the most powerful investing secrets of all time are right now pointing to a... BONANZA in PEAK OIL!
Here's what's in it for you: Soaring oil prices could pour a ton of money into your account for years to come. Read on to discover the 2 secrets, plus 4 timely opportunities...
May 21, 2008


Dear Fellow Investor,

What's PEAK OIL? And how can it bring you real wealth?

(from Motley Fool)


I got a phone call at home yesterday saying basically the same as above. The caller also said something to the effect of "we understand that you have some interest in this type of opportunity"... what gives? Will they call anybody and everybody?
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Re: Motely Fool going doomerish

Unread postby UncoveringTruths » Thu 22 May 2008, 13:34:40

Motley Fool Peak Oil Google Search

I didn't realize how far down the rabbit hole the Motley Fool was.
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Re: Motely Fool going doomerish

Unread postby mos6507 » Thu 22 May 2008, 17:46:16

I heard him talk about this on his radio show a couple months ago and was shocked that someone so well known was discussing it without snickering in disbelief.

The times they are a changing.

What was even more disturbing is he was discussing it almost like he was delivering a pre-euology for the economy. A lot of "if we had only done XYZ then we wouldn't be in this mess". He obviously thinks we're as hopelessly fucked as most here do.
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