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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (247497)5/10/2010 12:34:30 PM
From: neolibRespond to of 306849
 
He only GUARANTEES, he has said "i have ABSOLUTE CERTAINTY on this", that there will in OUR time come a TOTAL GLOBAL FINANCIAL COLLAPSE, a civilization shattering apocalyse of a collapse.

Sounds a bit to Messianic, the timeline on the 2'nd coming has been rather longer than expected. The 1'st rule of prophecy: You can prophecy what OR you can prophecy when, but never what AND when. The corollary is "The market can remain irrational longer than you can remain solvent".



To: LTK007 who wrote (247497)5/10/2010 12:55:22 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
yes, faber is great. his 1150 sell off call days before it happened was timely. his 1200 then ~20% correction has already been made half way true.

one caveat, bernanke will print unlimited debt money to save his banking cartel controllers and leave society to pay the principle and interest to these very same bankers we bailed out.

he will print nothing, nothing, nothing to save you or i or j6p.



To: LTK007 who wrote (247497)5/10/2010 2:50:05 PM
From: doncRead Replies (1) | Respond to of 306849
 
ot

..i always enjoy Faber in the Barron's roundtable issues..early Jan and early July..

if you like him you would also enjoy David Rosenberg..who is in the deflationist camp..

donc