Thread: US stocks plunge, Dow falls more than 500 points

AFP: US stocks plunge, Dow falls more than 500 points

The real value of the DOW should probably be around 5,000 and nowhere near 11,000. I hate to say it but the US is in one big bubble still. It's much like the Real Estate bubble of the late 10's and the .Com bubble of the early 00's except this time it's the entire stock market and economy. We've built a house upon cards and it will fall.

This chart tells the story:

http://www.the-privateer.com/chart/dow-long.html

To deny it I think is almost delusional.

When the entire gross value of real assets in the US is $109 Trillion and the Derivatives Market exceeds $600 Trillion that should say something loudly to everyone.