[Are stocks set to drop?]

Are stocks set to drop?

One well-respected indicator suggests that economic growth may have peaked.

Posted by Kim Peterson on Thursday, June 10, 2010 5:49 PM

Investors, you just haven't been freaking out enough this week. The markets have been too friendly. How about opening up a can of WLI to change that?

We're talking about the ECRI Weekly Leading Index, which Jon Markman calls "the most prescient statistical guide to the health of the U.S. economy."

The ECRI is set to go negative Friday for the first time since early 2009, which Markman says will spook super-bulls and make super-bears happy.

The index isn't a mainstream tool, Markman writes in MarketWatch, but it does have a reputation for predicting recessions and recoveries well before they happen. The index turned up in late 2008, peaked in November of 2009 and is now set to plunge into negative territory.

The steep drop in the index could signal that GDP growth in the U.S. has peaked for this cycle, one expert tells Markman.

"And while it does not forecast a peak in employment growth yet, the fact that the WLI is rolling over now suggests job growth will peak in late summer," Markman writes.

Equity markets are also affected by changes in the WLI, and Markman writes that stocks could head into a desultory decline or march sideways.

http://articles.moneycentral.msn.com/Investing/top-stocks/blog.aspx?post=1768495&_blg=1,1768753

The bottom line is that as the economy slows, the sharp, robust, exciting advance in the broad range of stocks seen from March 2009 to April 2010 is probably over. And even if equities recover from the recent troubles, the next stage will be much more muted.

economic growth may have peaked?

I highly doubt it.

[Best website to buy Iraqi Dinars?]

Well TBH, I get my dinar off ebay. I can almost always get $1 = 1,000 rate, which isn't bad at all. Also I only buy from sellers who either have their own store, or have at least 1k + feedback. I check all my money when I recieve it. I, myself, have never had a problem with buying off ebay. I would however never buy from someone who 1) is a new ebay account 2) has under 1k feedback.

[Why do some people think we are crazy?]

Yes! So True!

The Dinar, like any country which money is pretty much rock bottom, seems like a good investment. Why? Because the only way to go is up.

[how real are bars layered with 100 mils .999 pure 24k gold?]

Researching this a bit, I found an article which stated that 100 mills is 1/10 of a gram. According to my calculations, a troy oz., 100 mills gold bar would therefore be worth about $3.87 in gold content, assuming a gold price of $1200 oz.

wow, thats crazy!

It should be real gold. The problem is that they are usually over priced. Silver was the same way when I was looking recently.

Yeah I think last I looked siliver was at 17 dollars an oz, most the auctions are 24+ for an ounce of silver seen it go as high as 35. I usually try to find one around 17-23.01. I bought one bar last year for 14.95 (silver that is), and just recently started to get Dinars again when I thought I should give some bars a look see again.

[how real are bars layered with 100 mils .999 pure 24k gold?]

I have seen these gold bars on ebay.. how real are these 24k bars?

example:

http://cgi.ebay.com/1-Troy-oz-Ounce-24K-Gold-100-Mills-999-Fine-Bullion-Bar-/280517784739?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item415029b4a3

[GM and BP...]

I never have invested before, I usually just look up prices every now and then.. but I see GM is at .75 and bp is at a 20 year low of 37.16... I wonder if its time to gobble up a E-trade account and buy buy buy? Maybe I should wait for bp to go lower, I mean it will ony go up after the gulf mess.