RE:Most are expecting markets to take a dive...The Market has been manipulated so much, NOTHING makes sense anymore.
CIBC has GIC yielding 3%. Meanwhile Canadian Bonds just now yielding 2.6% and that way up from 2% not long ago.
Costs going through the roof, but oil price not. Which is not good for oil companies, but share prices heading up, LOL!
Propoganda, manipulation, and sheer stupidity running the show and everyone is in on it, the central banks, government, media...etc etc... everyone.....
They won't let the market correct, they will manipulate until it BREAKS... not crash/correct but break.
All just my opinion/view/thinking.
Wynjoe wrote: I'm on the opposite end of the spectrum. Dow to 50000 plus,in short order.wages are sky high with no end in site,thus cash is becoming worthless. Some companies appear to have a high valuation, however to start a competing company in many venues would see astronomical costs associated with building in todays inflationary world. Case in point ,Suncor, oil prices will continue to rise, now if Suncor had to rebuild its infrastructure in todays dollars (as future competitors must),the costs to clear land,acquire permits, buy and construct processing facilities ,and on and on,would and will be off the charts,so while Suncors assets may seem fairly valued in yesterdays dollars,tomorrow's dollars is a different can of worms. Now I use Suncor as an example but many in other commodities are of the same cloth ,mining, shipbuilding, airlines and the list goes on.Many will be caught in surprise of future investment outcomes, your thoughts?