Posted on 02/15/2015 10:11:44 PM PST by Jack Hydrazine
Related...
The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015
http://theeconomiccollapseblog.com/archives/shemitah-biblical-pattern-indicates-financial-collapse-may-coming-2015
I’ve been reading about the coming economic collapse ... since back in the ‘70s. I keep wondering when it’s going to happen ... :-) ...
Mr. Armstrong says 1OCT2015.
http://www.shtfplan.com/headline-news/the-forecaster-can-this-source-code-predict-the-future_12082014
Right after socialism runs out other peoples’ money. 500 yrs from now? Seem the supply of cash is endless.
bump
I’ve been reading doom and gloom reports for 40 years. We just keep our IRA’s in sound investments and hope for the best. Yes there have some huge down markets in the last 40 years. But they have always come back.
The Jehovah’s Witnesses have been giving dates for the end of the world, too, since the ‘70s ... :-) ...
And that reminds me ... there was a real pretty lady that came up to me in the parking lot of Walmart, this morning, about 7:30. She asked if she could talk to me, when I was putting on new windshield wipers on my car (just got them, we’ve got snow and ice coming).
I said, “Okay” and she whipped out a “Watchtower” publication. The second I saw that, I said, “I don’t do that!” And I walked off leaving her standing there ... :-) ...
You can chew up HOURS talking to them and getting nowhere. Been there, done that!
SO ... anyway “dates” for the coming disaster? ... well ... you can keep your “dates” ... LOL ...
Yup. Buy and hold. Let the market timers take the losses.
The thing about impending DOOM....is that it’s always impending.
After the 1929 stock market crash....there were various little minor recovery notes. But as each year passed, the administration and Senate/House dug up more regulation to delay real recovery. Yet folks stood around and eventually accepted ongoing DOOM as the norm. As we went through the 1950s and into full recovery...we still talked impending DOOM.
I imagine that impending DOOM gets brought up 10,000 times a year on CNBC and via the Wall Street Journal. Life goes on.
The reimplementation of Quantitative Easing by the FED who had previously stopped in October 2014 with great fanfare bears no mention here, nor does the FED any longer require approval to print money to buy stocks....
So he’s saying the sky is falling. All is so good it’s gotta be bad.
As long as there’s trees :-)
If the prediction has merit, this would seem to be the very investment to buy.
http://www.zacks.com/funds/mutual-fund/quote/BEARX
Federated Prudent Bear Fd A: (MF: BEARX)
Fund Description
The fund was incepted in December 1995 and is managed by David W. Tice & Associates. The fund seeks capital appreciation. The fund is a no-load mutual fund specifically designed to benefit from stock market declines as the fund has more ‘short’ than ‘long’ positions. The fund takes ‘long’ and ‘short’ positions. That is, the fund buys stocks just like most mutual funds. The fund also takes short positions and purchases put options to benefit from an anticipated decline in a stock or stock index. Currently, significant portions of long positions are gold and silver mining companies. The fund distributes dividends and capital gains, if any, at the end of each calendar year.
Total return since inception: -4.69%
Same thoughts.
Economy Collapsing? We got an app for that.
Oh well... Hey guys did you see the latest Kim Kardashian pic? Now you get to see the right side of her naked naughty bits...!!!!
The money ran out a while ago. It’s all credit more. Do you think there is twenty trillion in cash out there?
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