Clinical trials are positive and Z160 is more effective than Morphine with zero side effects. Big pharma offers 100 billion for Zalicus. We all sell our shares for $50.
What's next? Where do you park your Millions? I am serious. We all know/suspect paper dollars are just about toast. QE can't go on forever. There will be a day of reckoning. Where do you put your ZLCS earnings????
How does one survive coming fall of US Dollar?
A big jump here won't retire me...it'll just make the eventual retirement easier...and honestly, just what is a "Fall of the Dollar" ? We've "fallen" several times already and seem to have survived OK.
I don't foresee a cataclismic retraction, more a gradual ease back of exchange rates...noticeable across the months and years, but not days and weeks.
But yes, there will be a day of reckoning...buy rice and ammo...
2008/2009 was just about the fall but it was delayed for a few more years through bailouts and QEs. QEs are just basically the FED admitting that it is over. We are buying back money that we are printing. Everybody on this board is now so warped in how they view $$$$$. 0% interest rates are not normal and neither are 4% mortgages!!! Stocks have only been doing well because no wealthy person in their right mind would keep money in the bank earning under 1% interest. Inflation is very real and way above 1%. The posted US inflation numbers are bogus because they exclude food, fuel, or commodity prices. We are essentially basing our inflation numbers on Chinese imports. The Chinese have been manipulating their currency to keep their prices affordable and as a retaliation against the US.
About a year ago I went grocery shopping with the family and was amazed how expensive food was. You see the rich don't complain because they can afford it. The poor don't notice because they are on Food Stamps. It is no coincidence that Food Stamp participation has more than double under current president. For grins, chart the price of gold and silver since 2008! Inflation is very aggressive and some are saying it is 10-15% right now.
fame: I'm already looking for another Sea Change type of stock. I seriously doubt it will be a Bio but who knows. They are hard to find but they are there. If I had to guess I'd say it may be in the chemical or energy area. There have been no game changer companies in those areas for years. Good companies with new products but no game changers.
By the way have co11 call me ASAP if that guy Jim has a melt down I'll try to calm him down. LOL
Jim Long and calm
Sentiment: Strong Buy
Lots of easy money to be made in the air, cell phone towers and franchises. Cell phones are becoming like drugs and pros always thriving no matter what. Even panhandlers seem to have Cell phoness. If you don't have metro pcs in your area you soon will. If McD's ever lets chipotle franchise I would pay a mint for a chance to own.
A hedge against the market crashing would be reverse index funds like TZA. But there's a fundamental flaw with them - they gradually lose value with multiple bounces. The longer you hold them, the more you lose - generally. But if the market crashes, they go way up.
They still use the USD as reserve? I believe it also is a FIAT currency? I have thought about either Cuban, Chinese, or Russian currency. BTW, China and Russia are working out an agreement to trade oil without the dollar. Looks like some sort of petro $$$ equivalent.....