to keep myself balanced...

PreTurb

I'm a certified doomer. Therefore, I naturally gravitate toward reading material along those lines (dollar devaluation, economic instability, stock market decline). Enjoyable as all getout, but it's also a problem. What if everthing turns out as smooth as butter? I will have missed out on some things by being too extreme.

To balance my perspective, where can I find a forum that largely consists of:

1) The Fed has everything under control and things are going to turn out great.
2) The dollar will indefinitely continue being the king. Other currencies are posers.
3) The stock market is incredibly undervalued. Gold is a bubble.
4) The US doesn't need a manufacturing base anymore, etcetera...

Thanks in advance!



(edited for typo)

RedHerring

I'd start by googling "MSNBC".

Justacommeman

There has to be a CNBC Forum. Bring your own cheerleader. Good times. MJ

Wingsrule

I think it involves a black light and velvet Elvises...

Justacommeman

Good point RH...........prehaps PT could join Keith Olbermann's Tweet Club..........PT, this may have you skipping through the streets.................MJ

KUCH

I recommend: wake up every morning and say, "If music is the food for love, then play on." Repeat 60 times

then

Give all your trust to God.

You won't need to read or google anything else.

Coulport

A 10 ounce silver bar in each front pocket helps keep you balanced.
It's also good in strong winds.

Justacommeman

<< <i>A 10 ounce silver bar in each front pocket helps keep you balanced.
It's also good in strong winds. >>



It keeps the ladies guessing as well

MJ

pmcollectour

115 trillion of government unfunded obligations

jmski52

Just bring a dose of healthy skepticism to this forum and think for yourself.

1) The Fed has everything under control and things are going to turn out great.

That may be true. The Fed does try to control everything. I'm not sure about how great it's going to turn out, though. Maybe great for the Fed governors, but not so much for everyone else.

2) The dollar will indefinitely continue being the king. Other currencies are posers.

This may also be true, for maybe another year or so. Maybe less.

3) The stock market is incredibly undervalued.

The stock market is a study in relativity. The stock market may be undervalued in comparison to the dollar, but not much else.

Gold is a bubble

That may be the reason that the Fed is "buying" Treasuries with the heap of toxic debt they own. Because everyone knows that gold is just a theoretical construct and not really a monetary asset, right?

4) The US doesn't need a manufacturing base anymore, etcetera...

I have to blow the whistle on this one. It's common knowledge that people who actually work are more productive and have a healthier outlook on life. Besides, you were being facetious.

tjc2120

I'm a doomer too but I think that our rejection of science and reason is what is dooming us to fail (i.e. enter another dark ages). If we keep up with science and reason, we can counter any threat to our ordered existence. If we discard it, we will not be able to cope and will have to rely on individual survival in a chaotic world. That is not a pretty thought.

Anyway, good on you to try and stay balanced. Always the best approach in my view. Instead of going to another forum with the opposite worldview - look for one that takes the position of moderation and healthy skepticism from the start. And when you find it, please let me know where it is.

I go here-RationalWiki.

Baley

I thought upon reading the thread title, you were going to start a discussion of asset allocation, and example model portfolios,

you know, for example, 40% stocks (spread among health care, food, energy companies) 40% residential real estate (half owner-occupied, half rental) 20% hard assets and commodities (mostly gold and silver bullion but also a little seasoning of quality firearms and ammo, alcohol, tobacco, hand axes, flint and steel sets, water purification filters and tablets, misc camping supplies)

instead you ask about balance among various media opinions regarding "the state of things"

I'm a rational optimist

Baley

Sorry for the thread-kill

I'll TTT it later and we'll give it another go

Baley

TTT

Yukoncornelius1

<< <i>I thought upon reading the thread title, you were going to start a discussion of asset allocation, and example model portfolios,

you know, for example, 40% stocks (spread among health care, food, energy companies) 40% residential real estate (half owner-occupied, half rental) 20% hard assets and commodities (mostly gold and silver bullion but also a little seasoning of quality firearms and ammo, alcohol, tobacco, hand axes, flint and steel sets, water purification filters and tablets, misc camping supplies)

instead you ask about balance among various media opinions regarding "the state of things"

I'm a rational optimist >>



I must say that I agree with Baley on his list, well done!!!

cohodk

<< <i>TTT >>



ROTFLMAO!!

C0INB0Y

On the contrary, I'm sure there is now a Cyprus Bank Depositor Forum that might make your 2010 doomer prospective to have appeared much more balanced than you think, perhaps even overly optimistic.

jmski52

Nothing has changed, except that the economy is worse and the stock market is "higher".

Gold and Silver are crashing at this moment. Which makes things even more strange, since nothing has changed.

Well, except for QE4 and $85 billion a month going into equities and banking.

Did I mention - that nothing has changed? Carry on.