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-   -   87% Risk of Stock Crash by Year-End (https://gfy.com/showthread.php?t=1111644)

Barefootsies 06-05-2013 03:45 PM

87% Risk of Stock Crash by Year-End
 
:Oh crap

Quote:

Here are 10 other predictions adding credibility to a crash by the end of 2013:

1. Warren Buffett ?guaranteed? new bubble, new recession four years ago

Actually he saw it coming early. Shortly after the 2008 crash Warren Buffett was asked: ?Do you think there will be another bubble leading to a huge recession?? Yes, ?I can guarantee it.? Cycles happen.

Next question: ?Why can?t we learn the lessons of the last recession? Look where greed has gotten us.? Then with the impish grin of a Zen master, Uncle Warren replied, ?Greed is fun for a while. People can?t resist it.? But ?however far human beings have come, we haven?t grown up emotionally at all. We remain the same.?

Yes, one of world?s richest men was personally guaranteeing another bubble, another ?huge recession.? Now, four years later, that time bomb is ticking louder, closer.

2. Federal Reserve?s Council: ?Unsustainable bubble in stocks, bonds?

The International Business Times just reported on the minutes of the Federal Reserve Board Advisory Council?s mid-May meeting. Members expressed ?strong concerns over the Fed?s low-interest-rate policies and its bond-purchase program, which they say could trigger unmanageable inflation and an ?unsustainable bubble? in the stock and bond markets.? Some ?pointed out that near-zero interest rates could not be sustained in the long run.?

Why? ?A spike in inflation could force the Fed to hike interest rates, hurting business confidence and consumer spending, and prove disastrous to the U.S. economy, which is still clawing its way back from the debilitating effects of the 2008 financial crisis.?

Get it? The Fed and Wall Street insiders hear something?s dead ahead.

3. Peter Schiff is ?doubling down? on his ?doomsday? prediction

Euro Pacific Capital CEO Peter Schiff, author of ?The Real Crash: America?s Coming Bankruptcy,? is ?not backing away from doomsday predictions about the U.S. economy,? wrote MarketWatch?s Greg Robb last week. He sees the no-win scenario: ?Either the Fed stops QE and starts selling the Treasurys and mortgage-related assets on its balance sheet, thus triggering a recession, or else faces an inevitable, even-worse, currency crisis.?

The ?idea that the U.S. economy is in recovery is based entirely on rising asset prices ... Asset prices are only rising because rates are low. As soon as rates go back up, asset prices will? fall.
ARTICLE

Best-In-BC 06-05-2013 03:52 PM

Yeah, been waiting for them to settle those.

ColBigBalls 06-05-2013 03:55 PM

Rabble rabble rabble!

purecane 06-05-2013 06:14 PM

august when Ben Bernanke "steps down" as fed chairman...he becomes the scapegoat and hyperinflation crashes the stock market.

Socks 06-05-2013 06:21 PM

While it's obvious there will be a correction when the fed stops printing money, all that guy does is write articles like this. Every single thing he writes is doom and gloom. Honestly, he hasn't stopped writing these things since the crash four years ago. While the stock market went from 6,000 to 15,000+, all he's done is said it's about to implode again. He's been wrong for 4 years straight....

Rochard 06-05-2013 06:29 PM

Quote:

Actually he saw it coming early. Shortly after the 2008 crash Warren Buffett was asked: ?Do you think there will be another bubble leading to a huge recession?? Yes, ?I can guarantee it.? Cycles happen.
Duh.

Everyone knows it's going to happen. That's fucking obvious. The question is when.

Will it happen this year? Who knows.

tony286 06-05-2013 06:53 PM

Been waiting for hyper inflation now for what 5 yrs. Go run and buy gold. You got a huge student loan bubble and real estate is starting to get stupid again. As long as it costs one billion dollars to become President. There will be no real regulation to reign this bullshit in.

Supz 06-05-2013 08:09 PM

its not rocket science here. its been hitting all time highs for quite some time. anyone could guess there will be a correction of some sort.

Phoenix 06-05-2013 08:52 PM

time to rebuy?

HomegrownCash 06-05-2013 09:14 PM

I wouldn't doubt it considering stocks are all overrated by 200% market should be at 7500-8000 or around there

Redrob 06-05-2013 09:20 PM

I think the risk is real. I'm looking at getting our of any variable interest loans and building the nest egg. I've already dumped any stocks and bonds.

Currently buying distressed properties in areas close in to downtown in rundown neighborhoods. With the population expected to double in the next twenty years, I can't loose.

Gentrification happens.

Joshua G 06-05-2013 10:47 PM

just the fact the article quotes warren buffett (the ultimate anti-market timer) to substantiate a market timing call is absurd.

Its like trying to justify war based on quotes from mahatma gandhi.

:Oh crap

PornDiscounts-V 06-06-2013 12:21 AM

Popcorn in the microwave.

AsianDivaGirlsWebDude 06-06-2013 01:17 AM

Graphic photo of stock market crash:

http://www.freakingnews.com/Pictures...since-2001.jpg
Freaking linken hotten...http://www.freakingnews.com/Pictures...since-2001.jpg

:stoned

ADG


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