Posted on 10/03/2009 8:33:18 AM PDT by blam
CAUTION: Stock Market Crash /Collapse Dead Ahead Say Faber, Rogers, Dent And Celente
Stock-Markets / Financial Crash
Oct 02, 2009 - 09:33 AM
By: Mac_Slavo
After a massive upswing in US stocks over the last six months, the recent rally may finally be coming to an end. It seems that the trend of rising stocks on bad or better than expected news may be in a reversal, as evidenced by market participants’ caution over the last couple of weeks. For those that follow contrarian investors like Marc Faber, Jim Rogers, Gerald Celente and Harry Dent, this should come as no surprise.
Marc Faber, publisher of the Gloom Boom & Doom Report, advised his subscribers and followers to take positions in US tech stocks, the banking sector and hard assets at the bottom of the markets in early March of 2006. However, he did provide a word of caution on March 16, 2009, making it known that while he was a short-term bull on stocks, that eventually, the economic fundamentals would catch up:
“probably a total collapse in the second half of the year when it becomes clear that the economy is a total disaster.”
[snip]
Just call it round two of the 0 solution.
On the one hand, these vultures love to encourage a market correction so that they can capitalize.
On the other hand, with all the inflation that is coming, high taxes, regulations, etc from the Gangbanger in Chief, I don’t see much economic future in the USA. Obama is trying to outdo France and have another Chinese type “revolution.”
You sellin’ short?
It is October and history is on their side....
OBAMANOMICS...PING!!!
Obama with the stock market reminds me of the Twilight Zone scene where Shatner sees the gremlin on the wing. Obama is the gremlin.
LOL!!!
"Don't worry, we're jus' stoppin' for ice."
One could make a ton of cash if the timing is just right.
“Celente, frequent guest on Alex Jones (Pin-headed ConspiratorialistTM) shows ...”
So are you calling Celente wrong? or just bashing him?
Very true. His arrogance is sickening.
I am beginning to believe we are in for a rough time ahead. I am buying a bit of Gold on Monday. Starting to redistribute assets.
Harry Dent nailed it in his book in 1993 when he call from the start of a depression in 2007. Helped by the 2006 Pelosi & Reid Comgress.
No one in their right mind would invest capital now in the United States of Zimbabwe.
The stupidity of the American public is staggering but they sure love college football.
Currently, the Fedguv is getting next to nothing done, and that’s a good thing.
Calling him: a nut; I’ve heard him.
As I posted on another thread, I’d like to see his record of how many times he was WRONG, not just ‘right’ on a cherry-picked list of so-called ‘successes’ ...
Given to him by virtue of attending one of those Ive League East Coast Schools. From places of learning, they have turned into the sources of the destruction of this country.
So are you calling Celente wrong? or just bashing him?Stictly speaking, I am linking him with a "conspiracy theorist".
It is a "guilt by association" technique. It implies that an idea is bad if it is associated with harmful ideas or practices.
Usually, it works ...
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