Comments on: 2009 Financial Predictions

By: Sixthday

Sixthday — Sun, 03 Jan 2010 16:33:45 +0000

Can’t keep laughing at how wrong your prediction is.

By: MAS

MAS — Mon, 26 Jan 2009 02:05:27 +0000

thanks! I got some reading to do tomorrow.

By: Jim

Jim — Mon, 26 Jan 2009 00:22:26 +0000

Absolutely…

http://www.peternavarro.com/dailyblog.html

http://www.financialsense.com/Market/barbera/archive.html

I also like this guy for pure technical analysis:

http://caldaroew.spaces.live.com/default.aspx

And these guys if you are willing to spend a little money:

https://www.technicalindicatorindex.com/

https://www.inthemoneystocks.com/

By: MAS

MAS — Sun, 25 Jan 2009 21:22:49 +0000

Jim,
I am unfamiliar with Barbera or Navarro. Do you have a link?

By: Jim

Jim — Sun, 25 Jan 2009 09:06:03 +0000

Adam – No offense, but this guy is just another clown using big words and acting like an expert. I’m calling bull shit …this guy doesn’t know his butt from a hole in the ground.

I couldn’t get past the first sentence: As US real estate prices fall and depress US economic growth, private foreign investors begin to withdraw their capital from the US financial markets.

He doesn’t know this …it assumes decoupling and that other economies are going to fare better than that US …which they are not. His thesis is based on this sentence and it is wrong from the beginning.

His further comments/conclusions are equally flawed …I don’t have the time or energy (or interest) to break it down.

If you want people that really know something though, check out: Roubini, Denninger, Mish, Calculated Risk, Barbera, Krugman, Markman, Navarro, etc.

They are equally bearish, but make solid arguments that they can defend (even though they sometimes differ).

By: Adam Brown

Adam Brown — Sun, 25 Jan 2009 02:22:36 +0000

Here’s a good link to an excellent article,
warning as early as April 2007, of what’s to
come, and it is here today:

http://www.silverbearcafe.com/private/toomuch.html

By: MAS

MAS — Sat, 17 Jan 2009 14:34:02 +0000

Voice -
You could always buy the GLD ticker. But we aren’t getting hyperinflation, so it doesn’t matter.

By: voice n dawilderness

voice n dawilderness — Sat, 17 Jan 2009 06:24:36 +0000

If anyone is thinking of buying gold, I suggest they do it soon..it takes 6 weeks now to get any coins or bullion due to logistical issues relating to increased demand. And anyone who believes holding anything backed by US dollars is good, you have no idea how quickly hyperinflation happens.

By: Ed

Ed — Sun, 11 Jan 2009 22:08:42 +0000

Either way…the powers-that-be pull the strings.

You know……the “money changers”

By: Ed

Ed — Sun, 11 Jan 2009 22:06:22 +0000

For now there seems to be enough confidence in our dollar for sustainability until foreign countries decide the party’s over.

For the “nightmare hyper-inflation scenario” to truly be avoided, our government would have to not only default on its debt, but also back out of all its guarantees (FDIC, PBGC, S.S. etc). I doubt that will happen. Maybe it will.