Financial topics

Investments, gold, currencies, surviving after a financial meltdown
aeden
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Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

http://gdxforum.com/forum/search.php?ke ... sf=msgonly
https://www.zerohedge.com/news/2019-07- ... ers-attack

People's Daily reminding the public that being a chengguan remains an "alluring job."

The job hazard later was four got torn to pieces after people selling fruit and tee shirts had enough as did the real locals.

thread: sledgehammer

As Iran, take the most idealistic and hopeful of them, electrocute them for 3 years. And then bring them back as communist robots,
that will be enough to convince the indecisive.

They are much too deep down the hole.

Once you are disarmed, that is the endgame.
Higgenbotham
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Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

One week ago every bear I read was calling for higher prices. That is always the sign the top is near. Always. And it goes without saying that every bull was calling for MUCH higher prices. And that is always a sign the top is near. Good grief, I saw bulls throwing out numbers like S&P 8800. Remember the 2000 top and Dow 100,000?

For the most part, I won't name names, but these bears are people who heavily advertise subscriber services. One call from a self-described "permabear" was for 3095 because "that's what the charts say." No, they don't. The charts never say anything. How stupid are these people? Another heavily subscribed astrologer was "eyeing 3030" from what I was told. It never got there. McHugh, whose article I posted a few days ago, said 3050-3100 in the article because some "phi mate" dates were coming up. And there were many, many others ALL calling for higher prices. Then there are the most famous bears of all, Harry Dent and Robert Prechter. I don't need to say what happened there.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
John
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Location: Cambridge, MA USA
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Re: Financial topics

Post by John »

** 21-Jul-2019 Harry Dent and Robert Prechter
Higgenbotham wrote: > One week ago every bear I read was calling for higher prices. That
> is always the sign the top is near. Always. And it goes without
> saying that every bull was calling for MUCH higher prices. And
> that is always a sign the top is near. Good grief, I saw bulls
> throwing out numbers like S&P 8800. Remember the 2000 top and Dow
> 100,000?

> For the most part, I won't name names, but these bears are people
> who heavily advertise subscriber services. One call from a
> self-described "permabear" was for 3095 because "that's what the
> charts say." No, they don't. The charts never say anything. How
> stupid are these people? Another heavily subscribed astrologer was
> "eyeing 3030" from what I was told. It never got there. McHugh,
> whose article I posted a few days ago, said 3050-3100 in the
> article because some "phi mate" dates were coming up. And there
> were many, many others ALL calling for higher prices. Then there
> are the most famous bears of all, Harry Dent and Robert
> Prechter. I don't need to say what happened there.

What happened to Harry Dent and Robert Prechter? I haven't been paying
attention.
Higgenbotham
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Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

John wrote:** 21-Jul-2019 Harry Dent and Robert Prechter

What happened to Harry Dent and Robert Prechter? I haven't been paying
attention.
I don't want to say too much because these types can talk out of both sides of their mouth and I don't care to follow everything they put out to the public. In the case of McHugh, who wrote a book circa 2014 called The Economic Ice Age about the impending collapse of the megaphone pattern and depression, the article referenced above clearly states the range I posted:
A Major Stock Market Top Is Imminent
Robert McHugh, Ph.D.
July 14, 2019

The S&P 500 and NASDAQ 100 both are completing similar large Megaphone topping patterns from 2017, with upside price targets in the range of 3,050 to 3,100 for the S&P 500 and 8,100ish for the NASDAQ 100. Those averages should also top over the next week or so.
But suffice it to say my impression from what I have seen is that both Dent and Prechter turned bullish up here, though I cannot point to anything that is as clear as the above. Harry Dent has a youtube channel where everything I have watched lately has a bullish bias to it, or at least that is my impression, but I don't want to go to the work of pulling exact quotes and dates from videos. In the case of Prechter, who has definitely retreated from the media, I'm going by a publication that said on July 15 that "Hochberg/Kendall" (his newsletter writers for The Elliott Wave Financial Forecast, which I think is the official publication put out by Elliott Wave International) are BULLISH as of that date (which was the exact high so far, assuming it holds). This is classic as far as what happens at tops, as was a certain guru's call for $5000 gold at the 2011 top (which I am sure he would dispute).
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
aeden
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Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

http://gdxforum.com/forum/viewtopic.php ... 090#p46786
https://twitter.com/realDonaldTrump/sta ... 9641495552
“There are in nature neither rewards nor punishments — there are consequences.” ― Robert G. Ingersoll
aeden
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Re: Financial topics

Post by aeden »

aeden
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Re: Financial topics

Post by aeden »

Last edited by aeden on Mon Jul 22, 2019 11:59 am, edited 1 time in total.
aeden
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Re: Financial topics

Post by aeden »

Last edited by aeden on Tue Jul 23, 2019 10:21 am, edited 3 times in total.
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Tom Mazanec
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Re: Financial topics

Post by Tom Mazanec »

Why so many Americans couldn't handle $400 emergency:
https://www.cnbc.com/2019/07/20/heres-w ... pense.html
Pensions devour towns:
https://www.newstimes.com/opinion/artic ... 109170.php
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain
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