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This is how a lot of the doom and gloomers roll they just keep on predicting the **** is about to hit the fan every year until they finally get it right, then the lean on that broken clock prediction for the ensuing years as validation of their wisdom/expertise.
Meanwhile you have to wonder how horribly their personal finance situation has suffered if they actually followed their own advice.
Don't worry, as I am sure you are among the 97% of people who are behind me on the financial curve.
If you cannot read the tea leaves enjoy the ride.... Personally, I enjoy purchasing the assets of others for pennies on the dollar when they are too damn stupid to see the obvious. I consider it to be the natural order of things.
Don't worry, as I am sure you are among the 97% of people who are behind me on the financial curve.
If you cannot read the tea leaves enjoy the ride.... Personally, I enjoy purchasing the assets of others for pennies on the dollar when they are too damn stupid to see the obvious. I consider it to be the natural order of things.
Yeah I don't believe for a second he perfectly timed the market by pulling all his money out right before the recession then reinvesting at the bottom. But it is the internets where everyone is brilliant. And good looking
Back to the original question: I believe that the market will crash between Sept. 1 and Dec. 1 of 2015, plus there will be a number of woes in other countries that will significantly impact the US economy in that time period.
Yeah I don't believe for a second he perfectly timed the market by pulling all his money out right before the recession then reinvesting at the bottom. But it is the internets where everyone is brilliant. And good looking
has he given his real annual return over time? i know my annual return since ive been investing about 11 years ago. if he isnt stating his annual return, it probably isnt as impressive as he would have you believe.
Yeah I don't believe for a second he perfectly timed the market by pulling all his money out right before the recession then reinvesting at the bottom. But it is the internets where everyone is brilliant. And good looking
This guy is solid BS. Here is what he wrote in 10/9/11:
"For example, in 2008 I had a substantial position in a 2X inverse financial etf.
When the shtf, the "powers that be" froze selling in short funds to keep people who had large gains from cashing in and eating their lunch. I stood to make a killing if I had been able to sell my positions. By the time they allowed sales again, TARP was in place and my killing turned into a loss.
So much for free markets."
The CD archives do not go back to 2008 and 2009 but from 2011 he has been predicting more disasters in the stock market so if he was invested it was against his own advice.
Of course! In tne middle of March 2009. Had the market timed down to the second for years and years and years. What a guy!!! He no doubt kills with ladies as well. LOL!
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