patrick.net

NuttBoxer says

The Day of Reckoning will come. The investment billionaire Jim Rogers thinks it will arrive by Autumn 2019 if not earlier. Rogers has tended to get the talk right (and also walk the walk) over the last forty years. He always seems to me to make sense. I’d rather take his a advice than listen to a bunch of Big Hair goforits at Bloomberg.

The only collapse is moral, within liberals

NuttBoxer says

The bigger the Ka-boom will be.

I'm certainly for picking the bones and gaming the system while you still can, but don't get caught with your pants down, unless you'd like some DP action from Jerome Powell and Mark Carney.

http://www.investmentwatchblog.com/denying-the-coming-meltdown-ten-facts-you-must-ignore-in-order-to-sustain-your-beliefs/

ROFL ROFL ROFL
Even they don't think their doomsday predictions are worth much. ROFL.
All they have to do is short the market. If they have convictions in their predictions, they would just short the market to get rich, instead of trying to con people out of $1.00 bills.
------
"We shall see.

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Hassan_Rouhani says

Hey, their doomsday prediction came true. All the bears got slaughtered. Apple alone is now worth $1 Trillion. Imagine that. One American company worth all the commie/socialist crap holes put together.

Hey, I just checked. All of Russia, the superpower that was gonna "bury America" is worth a lot less than Apple. LOL

https://data.worldbank.org/indicator/CM.MKT.LCAP.CD?locations=RU&view=chart

Strategist says

Hey, their doomsday prediction came true. All the bears got slaughtered. Apple alone is now worth $1 Trillion. Imagine that. One American company worth all the commie/socialist crap holes put together.

He'll be right... eventually.

Strategist says

All of Russia, ... is worth a lot less than Apple.

And a 3/2 in Stockton is worth more than the gdp of Finland.

Heraclitusstudent says

Strategist says

Hey, their doomsday prediction came true. All the bears got slaughtered. Apple alone is now worth $1 Trillion. Imagine that. One American company worth all the commie/socialist crap holes put together.

He'll be right... eventually.

Long-term we're all dead.

They say apple is worth a trillion $$$....who would pay 1 trillion for it? Only someone that could get a free trillion dollar loan.

Heraclitusstudent says

Strategist says

Hey, their doomsday prediction came true. All the bears got slaughtered. Apple alone is now worth $1 Trillion. Imagine that. One American company worth all the commie/socialist crap holes put together.

He'll be right... eventually.

Crashes will come, recoveries will come, and all time highs will keep coming.

I'd question some of those Jim Rogers search results. They look way to alarmist to be accurate quotes.

Strategist says

Crashes will come, recoveries will come, and all time highs will keep coming.

Depends on the crash....
For a recession, new highs will follow quickly.
For a depression, count 25 yrs.
For a dark age, count 250-1000 yrs.

NuttBoxer says

I'd question some of those Jim Rogers search results. They look way to alarmist to be accurate quotes.

It's not hard to google the actual articles and find out.

Besides, people willing to accept JR's predictions as gospel should probably already have a folder full of bookmarks to his predictions over the years.

Quigley is predicting growth, a good economy, and wage gains. Also more people being pulled off welfare/disability and put to work. This is already making for large increases in tax receipts, while it lowers overhead for welfare programs. The result is surplus which should be spent to pay down debt and not incur more.

If Trump (and we voters) can get rid of old guard Republicans and Democrats intent on the economic demise of the USA, we will have budgets in the Black for years that will pay down the debt. If we can’t minimize the wealthy elite bastards and their political pull, they will ensure we overspend until they own America outright.

That’s why they hate Trump so much. They’ve been working hard to impoverish and indenture America into a virtual slave state beholden to them. He’s turning all those trends around and defying them whenever possible.

There could be a zombie apocalypse and they will still be selling iPhones to everyone so I'm not worried.

A crash will come-sometime. But if you buy something for 5 bucks and it goes up to 30 and then crashes to 20 and starts going up again after bottoming-did it crash?

But he’ll be wrong for 20 years straight.
Even a monkey randomly throwing darts have better accuracy.

Heraclitusstudent says

Strategist says

Hey, their doomsday prediction came true. All the bears got slaughtered. Apple alone is now worth $1 Trillion. Imagine that. One American company worth all the commie/socialist crap holes put together.

He'll be right... eventually.

lostand confused says

crash will come-sometime. But if you buy something for 5 bucks and it goes up to 30 and then crashes to 20 and starts going up again after bottoming-did it crash?

A coworker with a lot invested in his 401k in stocks took a huge hit in the last crash. But he let it ride and wound up making it all back plus a lot more. So the best thing to do is to not panic and jump out when you’re down, I guess.

I called the last recession, put my money in bonds in December of 2007. Then I got a boring 1.5% appreciation for the next year and some change while everyone lost their shit. Dollar cost averaged back into the market throughout 2009, and did quite well on the expected and totally predictable rebound. I was mostly concerned about buying the absolute bottom, which I came really close to doing with 25% of my money.

Quigley says

A coworker with a lot invested in his 401k in stocks took a huge hit in the last crash. But he let it ride and wound up making it all back plus a lot more.

The question I always ask, are those gains adjusted for inflation, which has been going through the roof ever since QE.

I mean, surely no one here believe Apple, now sans Jobs, and putting out shittier products than ever, has finally attained their highest evaluation because they've earned it.