Posted on 03/25/2013 9:49:52 AM PDT by Signalman
Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption...
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
(Excerpt) Read more at moneynews.com ...
Yes, but how big of a haircut will there get?
You are correct sir,
I find that a lot of people have no idea of what a “good” P/E number is.
Many simply think a low P/E is good and a high P/E is bad, or not as good.
The answer is: It depends.
Is the Company a growth company or an established so-called “blue chip”.
If it is an established company, then a low P/E may be a good opportunity to Buy.
If it is a growth company, then a low P/E is a problem.
I like to redefine P/E to read “Price Expectations” as opposed to “Price Earnings ratio”. A low P/E on a growth company would suggest investors have low expectations for this company, since they have not bid up the price. A high P/E for a growth company suggests that investors have high expectations, since they have pushed prices higher.
There are certainly exceptions to this as well as most rules for valuing a company, however you must recognize that finding a growth company that “nobody else” has found yet, would be extremely rare.
Of course not. And no one ever will. Until they do.
In panic selling people don’t discriminate between profitable companies and those that aren’t. They just sell everything.
I never thought I’d see the federal government buy GM.
I never thought I’d see the federal government take away peoples privately owned business (car dealerships).
I never thought I’d see the federal government even talk about talking over 401Ks.
I never thought I’d see our federal government go 4 years without a budget.
The list is long and distinguished but its good to see someone still has faith in our federal government.
B-B-But Lou Dobbs says that the American economy is doing great!
http://www.youtube.com/watch?v=7Wj4TTc2TbA
(He starts at the 8 minute mark.)
I don’t think the government is so much deliberately driving up stock prices. QE II drives yields on treasuries and other credit instuments, driving investors into stocks.
Things will end painfully no matter what anybody does. The fairest and least painful (long term) end game is to balance the Federal budget, honor existing contracts and avoid inflation.
The USA, too big to fail; can’t happen here; yadda yadda...
Pride goes before a fall. The arrogance of many USAians is stunning. Sadly, they will be the last to know.
The same Federal Reserve that brought the collapse of the 30’s, is in bed with a USG which outright disregards _law_. This is going to be a _big_ splash; not even any water in the target zone.
At least the government would never confiscate our gold. Oh, wait...
You could be right. I’m still wondering about the quadrillion dollars of toxic credit default swaps.
From the article:
“In a recent interview, Robert Wiedemer — an economist best known for correctly predicting the collapse of the U.S. housing market of 2006 and the stock market collapse of 2008 — provides disturbing evidence for 50 percent unemployment, a 90 percent stock market crash, and 100 percent annual inflation . . . starting this year.”
“I don’t think the government is so much deliberately driving up stock prices”
They are deliberately printing money and holding down interest rates. The 47% low information voter usually equates the economy with the stock market, so if its up they think the economy is good.
Judging from the history of every demonrat controlled city/state there will be no efforts on their part to bring this under control.
The government in this case is the Federal Reserve, putatively non-partisan. The Federal Reserve, in order to “help” the economy is buying Treasuries at low rates to keep government borrowing cheap. This is very little different than just printing money. This policy, pursued long and vigorously enough, will kill the dollar.
Our economy and many around the world are just a house of cards.
Will the price of precious metals suddenly skyrocket as a result?
You are losing nickels and more every day in your insured FDIC account.
And you have been for years. And you will continue to do so until aroune 2023-25. Over the next ten years you will lose about 45% of your wealth at this rate.
The nominal number in your account is meaningless now.
We’ll pull the world down when we go. The EU certainly isn’t strong enough to support us.
Sounds like a good buy opportunity is coming.
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