If stocks double but the dollar loses half its value, who beyond Wall Street are the winners and losers?
Sentiment: NEGATIVE
The people who are buying stocks because they're going up and they don't know what they do deserve to lose money.
There's a lot of companies that profit from a weak dollar.
The dollar has lost over 90 percent of its value since the Fed was created.
Wall Street is broken for sure because it succumbed to greed and corruption and pure speculation with no values.
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
If you really believe that every three years the market will double, then go and buy shares. I don't believe that.
Big money is made in the stock market by being on the right side of the major moves. The idea is to get in harmony with the market. It's suicidal to fight trends. They have a higher probability of continuing than not.
Sometimes it takes longer to create value, but if the companies generate more earnings, the stocks will ultimately reflect that.
I think that stocks have been this tremendous, tremendous equalizer for people in this country. Guys who can't make a lot of money at their jobs have been able to make a lot of money in the stock market.
When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency. So the purchasing power that we lose, somebody else gets.
No opposing quotes found.