Marc Faber Questions if Dow Could Hit 1,000

CNBC ^ | 30 July, 2010 | Mark Faber

[Errant]

In the August edition of the 'The Gloom, Boom & Doom Report' Marc Faber questions whether the Dow could hit 1,000 as predicted by Robert Prechter, based on his interpretation of Elliot Waves, Fibonacci numbers and socioeconomic trends...

...One suggestion from Faber is buying a self-sustainable farm in the middle of nowhere surrounded by high voltage fences and barbed wire and equipped with booby traps and an arsenal of machine guns, hand grenades and armed vehicles guarded by vicious Dobermans.

[Errant]

Yep, someone sent that to me and I took the entire course. It's about the best description of how fiat money is created that I've seen.

Combine the money creation with oil/resource peaks and the future ain't looking too good.

It's why Soros, Obama and company are trying to exterminated us.

[Errant]

Another must have:

kellys heroes tank

At least a LOUD PA system...

[RobRoy]

I am prepared to drastically reduce my need for fuel in various ways. For one, I can cover tens of miles every day by bicycle. Of course, that is with just one bag of stuff.

The key to survival would be to virtually, if not literally, ween yourself from the need for fuel.

[blam]

"I got that part down."

Yup...I knew you did and I thought of you when I read that.

[blam]

" I found this by a young man on Youtube. He put a lot of thought into:"

Pretty good video...this could be coming our way....when?
Don't know. Just get ready now.

[Errant]

Have you seen this article from Investor's Business Daily: Will Washington's Failures Lead To Second American Revolution?

[Errant]

when?

Sooner than you or I would like.

Just get ready now.

Yep and stay ready... I'm afraid we're down to just a few months before we start seeing problems with banking and the supply chain.

[kevao]

surrounded by high voltage fences and barbed wire and equipped with booby traps and an arsenal of machine guns, hand grenades and armed vehicles guarded by vicious Dobermans.

Spot-on advice for Arizona, too.

[Errant]

Something strange happening with the markets.

Charles Biderman Fox Business July 30, 2010 via Youtube

[Travis T. OJustice]

My bugout scenario for me and my babies only covers 90 days. We really only have about a 120 growing season a year. If we’re gonna survive as a clan, I really don’t see too many options.

[blam]

" Have you seen this article from Investor's Business Daily: Will Washington's Failures Lead To Second American Revolution? "

Yes. This is a correct and good article. Thanks.

[blam]

"Something strange happening with the markets."

Yup. I'm beginning to believe that the markets are so manipulated that a small guy just gets swallowed up in the high speed computer trades, etc.

I read last week that when the market goes up that it does so on very small volume and goes down on large volumes. So...

[Errant]

You’d better increase it to get through the winter if SHTF in Oct/Nov.

[Errant]

Below are Youtube links to an interview of Paul Craig Roberts. Please don't view if you can't handle Alex Jones. Otherwise, interesting views by Roberts. I don't agree with his timeline in that I don't believe things will last 5-7 years but I would hope so.

Paul Craig Roberts: We Are Almost Past The Point of No Return! - Alex Jones Tv 1/2

Paul Craig Roberts: We Are Almost Past The Point of No Return! - Alex Jones Tv 2/2

Link to article: The Year America Dissolved

[RobRoy]

I’ve gone on record here with a theory. You can call it “educated speculation” or “gee, I wonder if this is possible” thinking.

I have been a student of Biblical prophesy since around 1982 and have heard reasonable, as well as wacky, interpretations of scripture, so let the reader decide where I fall in on that scale

Here is the idea:

The Old testament “pegs” a generation at 70 years. Prophesy says this:
Matthew 24:34, Mark 13:30, Luke 21:32
I tell you the truth, this generation will certainly not pass away until all these things have happened

This is in regards to what many see as the events leading to the second coming and “end times”. Then in the old testament we have this:

Psalm 90:10
The length of our days is seventy years— or eighty, if we have the strength; yet their span is but trouble and sorrow, for they quickly pass, and we fly away.

Isaiah 23:15
At that time Tyre will be forgotten for seventy years, the span of a king’s life. But at the end of these seventy years, it will happen to Tyre as in the song of the prostitute:
(The focus above is it is the length of a kings life).

On a side note, search “seventy years” in the old testament. It is sprinkled throughout like pepper on a steak.

Then there is the prophesy about the fall of literal Babylon. Remember, Nineveh was destroyed by the Babylonians in ~612 BC and Babylon fell to the Medo-Persians (Daniel 5)in ~539 bc, giving a spread of ~73 years. And then the new testament discusses “Babylon the great harlot” in Revelation, which you see referenced in my tagline.

Add one last piece of the puzzle: Before 1948, Christians had great confusion about bible prophesy discussing the nation of Israel since everybody knew Israel was not a country and hadn’t been for Millennia. But everyone alive today has lived in a world where Israel has “always” been a nation and is a simple part of our reality.

Israel became a nation and, coincidentally, the existence of the Hebrew university collection of scrolls was anounced in spring of 1948.

So, back to the three gospel accounts of this: “I tell you the truth, this generation will certainly not pass away until all these things have happened”

Since the first event happened in 1948, it gives us until approximately 2018. I say that in the spirit of Matthew 24:36 and Mark 13:32 - “No one knows about that day or hour, not even the angels in heaven, nor the Son, but only the Father.”

However, the verse preceding Matthew 24:34, Mark 13:30 and Luke 21:32 says this, “”Now learn this lesson from the fig tree: As soon as its twigs get tender and its leaves come out, you know that summer is near. 33Even so, when you see all these things, you know that it is near, right at the door.”

It is VERY clear to me that it is right at the door.

Here is another “twigs getting tender” moment:
http://www.chrismartenson.com/crashcourse

You’ve seen me link to it before. That is for lurkers and to put it together in one post.

Also, this is VERY high level. I left out a LOT of details.

[Errant]

I agree with you and your "educated speculation" on the outer limits of the second coming of Jesus and the end of the age as being around 2018. - Mathew 24:3

Subtract the seven years of tribulation and you now have 2011 for the beginning of the end of the age. This doesn't mean the beginning hasn't already begun. ;)

Some people here think that the beginning of the tribulation can be narrowed down further by deciphering the meaning of the "White Horse" Rev:6 and associate this Obama's rise to power.

One of the things about Bible prophecy, that I've found, is that usually anything of importance has multiple links back to what is written. Obama's rise to power from a virtual unknown is described perfectly in the Bible. Barrack was the name of Mohammed's white horse. Obama's linage can be traced to multiple races or peoples spoken of as being "from the sea" by Bible prophets.

I could go on and on but suffice it to say, the evidence is compelling enough to believe it possible.

Rev 1:2 I watched as the Lamb opened the first of the seven seals. Then I heard one of the four living creatures say in a voice like thunder, "Come!" 2I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.

It's something that makes me go wow. If you use the theory that each seal represents one year of tribulation, you have to conclude that we're halfway through the year of the "red horse".

Rev 6:3 When the Lamb opened the second seal, I heard the second living creature say, "Come!" 4Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other.

To him was given a large sword.

[Taffini]

You don’t need gas to ride a bike, but in a bad situation how safe is it on a bike? A downed tree, you stop and they grab it and you. I’m not criticizing you I’m just thinking of how easy it would be if some determined people wanted what you had, how they would get it.

[Taffini]

bump and watch

[Errant]

Another thing that makes me go wow, is this from Jesus: Matthew 24:4

When ye therefore shall see the abomination of desolation, spoken of by Daniel the prophet, stand in the holy place, (whoso readeth, let him understand:)

Who knew of the word phrase "Obamanation" until our time?

[Errant]

One more coincidence while I have it on my mind, if the above theory is correct, the culmination of the reign of the four horses of the Apocalypse end at precisely the same times as the Mayan Calendar ends.

Then the really scary stuff begins...