Free Republic

Wow...this is pretty sobering................ Predictions For The Rest Of 2010 Bob Chapman First 6 months of 2010, Americans will continue to live in the 'unreality'…the period between July and October is when the financial fireworks will begin. The Fed will act unilaterally for its own survival irrespective of any political implications …(source is from insider at FED meetings). In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of 2011. The FDIC will collapse in September 2010. Commercial real estate is set to implode in 2010. Wall Street...

One of his top trends: Neo-survivalism Quote: In 2010, survivalism will go mainstream. Unemployed or fearing it, foreclosed or nearing it, pensions lost and savings gone, all sorts of folk who once believed in the system have lost their faith. Motivated not by worst-case scenario fears but by do-or-die necessity, the new non-believers, unwilling to go under or live on the streets, will devise ingenious stratagems to beat the system, get off the grid (as much as possible), and stay under the radar......

Recape Predictions for 2009 Business/Economy 1) The last half of 2008 will be declared a recession and it will continue through the first quarter. We will have little growth in the 2nd and 3rd quarter, modest growth in the 4th quarter. >Right 2) The Dow will finish at 11,500 on the last trading day of 2009, which will be Thursday, December 31st. >probably not 3) Dollar at the end of 2009 will equal € 1.32 > No ADD strikes again. I meant to say 1 Euro = $1.32 - No either way 4) Unemployment will peak in early fall. >TBD...

Our Annual Predictions For 2010. Good News And Bad News (Kitco)Roger WiegardDec 1 2009 1:54PM Will 2010 be a 1930 or, comparable to 1937? Is it different this time? When one nation state of a formerly high productive stature destroys itself with inflation, the untouched others can soften the blow and in time bail out the fallen one. This was Germany’s fate in the 1920’s. In our current instance, most all of the world’s economies are on their knees with some hurting worse than others. Who can help with recovery this time? There is no one. It will not be...