The Beginning Of The End Ad
Gold Buying Guide: Golden Eagle Coins

Recent Posts

The Preppers Blueprint Economic Collapse Blog Get Prepared Now Ad

Enter your email to subscribe to The Economic Collapse Blog:

Delivered by FeedBurner

Legendary Investor Jim Rogers Warns That The Worst Stock Market Crash In Your Lifetime Is Coming ‘This Year Or Next’

Share on FacebookTweet about this on TwitterPin on PinterestShare on Google+Share on LinkedInShare on StumbleUponEmail this to someone

If Jim Rogers is right, the worst stock market crash that any of us has ever seen is right around the corner.  For the past 15 years, Rogers has been a frequent guest analyst on CNBC, Fox News and elsewhere, and he is immensely respected for the depth of knowledge and experience that he brings to the table.  So the fact that he is warning that we are about to see the worst stock market crash in any of our lifetimes is making a lot of waves in the financial community.  And of course Rogers is far from alone.  Previously, I have written about several other prominent experts that are warning that a new financial crisis is imminent, and I have also discussed how a number of big investors are quietly positioning themselves to make an enormous amount of money when the markets crash.  Could it be possible that all of these incredibly sharp minds could be wrong?  Yes, but I wouldn’t bet on it.

I was actually quite stunned when I first learned what Jim Rogers had told Henry Blodget of Business Insider during a recent interview.  Rogers has built up a tremendous amount of credibility, but now he is putting that credibility on the line by warning that a great stock market crash will happen by the end of next year.  Here is the key portion of the interview

Blodget: Well, yeah, TV ratings do seem to go up during crashes, but then they completely disappear when everyone is obliterated, so no one is hoping for that. So when is this going to happen?

Rogers: Later this year or next.

Blodget: Later this year or next?

Rogers: Yeah, yeah, yeah. Write it down.

There is no backing out of a statement like that.

If Rogers is wrong, he will never hear the end of it.

Subsequently, Blodget and Rogers also discussed how severe the coming crisis would be…

Blodget: And how big a crash could we be looking at?

Rogers: It’s going to be the worst in your lifetime.

Blodget: I’ve had some pretty big ones in my lifetime.

Rogers: It’s going to be the biggest in my lifetime, and I’m older than you. No, it’s going to be serious stuff.

So that means that Rogers is convinced that the coming crisis is going to be even worse than what we went through in 2008.

Of course this is something that I have been warning about for quite a while, but for Jim Rogers to make a statement like this is a really, really big deal.

Later in the interview, Rogers shared more details about what he believes the coming crisis will look like…

You’re going to see governments fail. You’re going to see countries fail, this time around. Iceland failed last time. Other countries fail. You’re going to see more of that.

You’re going to see parties disappear. You’re going to see institutions that have been around for a long time — Lehman Brothers had been around over 150 years. Gone. Not even a memory for most people. You’re going to see a lot more of that next around, whether it’s museums or hospitals or universities or financial firms.

That definitely sounds like an “economic collapse” to me.  Of course the truth is that the U.S. economy is already in the midst of a slow-motion economic collapse that stretches back for decades, but this coming crisis that Rogers is talking about is going to great accelerate matters.

Let us hope that it is put off for as long as possible, but at some point we are simply going to run out of time.

And when markets do start falling, they can move very, very rapidly.  Just look at what happened on Friday.  Technology sector stocks were down 2.7 percent, and the FAANG stocks were some of the biggest movers

Facebook fell $5.11, or 3.3%, to $149.60.

Apple fell $6.01, or 3.9%, to $148.90.

Amazon fell $31.96, or 3.2%, to $978.31 now demoted from the elect group for 4-digit stocks back to the large group of 3-digit stocks.

Netflix plunged $7.85, or 4.7%, to $158.20.

Alphabet – the G in FAANG – fell $33.58, or 3.4%, to $952.23, moving further away from everyone’s dream of closing at $1,000.

If we are indeed moving toward a new crisis, one of the things that we will want to watch for is an inverting of the yield curve.

We saw this happen in 2000 and in 2006, and on both occasions it foreshadowed that a huge stock market crash was coming in the not too distant future.

Unfortunately, CNBC says that a new inversion of the yield curve could happen “by the end of this year”…

The bounce in Treasury yields witnessed after the election of Donald Trump is now decaying in the D.C. swamp. If the Federal Reserve continues to ignore this slow growth and deflationary signal from the bond market and continues along its current rate hiking path, the yield curve will invert by the end of this year and an equity market plunge and a recession is sure to follow.

An inverted yield curve, which has correctly predicted the last seven recessions going back to the late 1960’s, occurs when short-term interest rates yield more than longer-term rates. Why is an inverted yield curve so crucial in determining the direction of markets and the economy? Because when bank assets (longer-duration loans) generate less income than bank liabilities (short-term deposits), the incentive to make new loans dries up along with the money supply. And when asset bubbles are starved of that monetary fuel they burst. The severity of the recession depends on the intensity of the asset bubbles in existence prior to the inversion.

Another key indicator is the growth of commercial and industrial loans. According to Zero Hedge, this indicator has correctly foreshadowed every single recession since 1960…

While many “conventional” indicators of US economic vibrancy and strength have lost their informational and predictive value over the past decade (GDP fluctuates erratically especially in Q1, employment is the lowest this century yet real wage growth is non-existent, inflation remains under the Fed’s target despite its $4.5 trillion balance sheet and so on), one indicator has remained a stubbornly fail-safe marker of economic contraction: since the 1960, every time Commercial & Industrial loan balances have declined (or simply stopped growing), whether due to tighter loan supply or declining demand, a recession was already either in progress or would start soon.

So considering the fact that this indicator has been so accurate, it is extremely alarming that we could see our “first negative loan growth” since the last financial crisis “in roughly 4 to 6 weeks”

After growing at a 7% Y/Y pace at the start of the year, which declined to 3% at the end of March and 2.6% at the end of April, the latest bank loan update from the Fed showed that the annual rate of increase in C&A loans is now down to just 1.6%, – the lowest since 2011 – after slowing to 2.3% and 1.8% in the previous two weeks.

Should the current rate of loan growth deceleration persist – and there is nothing to suggest otherwise – the US will post its first negative loan growth, or rather loan contraction since the financial crisis, in roughly 4 to 6 weeks.

And when you throw in all of the other signs that the U.S. economy is slowing down, a very clear picture begins to emerge.

It has been said that those that do not learn from history are doomed to repeat it.  As a society, we certainly didn’t learn much from the horrible financial disaster of 2008, and now so many of the exact same patterns are repeating once again.

An unprecedented financial crisis is most definitely heading our way, and the only thing left to be answered is how soon it will get here.

 
  • Guest

    LOL. Jim Rogers has been wrong so many times that I’ve lost count. By the way, Rogers used to work with George Soros. Did you know that?

    • SoCalBeachDude

      Yes, Jim was partners with George prior to George’s criminal conviction for insider trading and Jim now lives in Singapore where he manages his investment business.

      • Paul Anders

        Even a broken watch is right twice a day…

        • SoCalBeachDude

          You appear to be in extreme DENIAL as to very clear realities. Please go buy a clue!

      • Guest

        You’re clueless. Many of his predictions over the past several years have been wrong.

        • SoCalBeachDude

          Hardly, but that sure does describe YOU!

          • Guest

            Laughably false, Mr. I Vote Up My Own Comments.

          • dadelaw

            There’s nothing anyone can do about it. Our host has his favorite darlings and nothing we can do will shake him from them. John Hussman is another one he’s obsessed with. It would be hard to achieve a worse record in the market than this clown.

          • SoCalBeachDude

            John Hussman is an extremely excellent investor and analyst and has brilliantly stated over the past 8+ years the downward trajectory of the US and global economies due to vastly excessive debt and is 100% correct as to his observations.

          • Richard

            You just make it up as you go along, don’t you. Why not just say, “the world is flat”? No downside, right. You’re not going to get carted off to jail for uttering such an inanity. Likewise with Hussman. STUDY THE RESULTS OF HIS FUNDS IF YOU DON’T BELIEVE ME.

          • SoCalBeachDude

            What an utterly stupid and ignorant set of assertions. You apparently don’t even bother to read – let alone comprehend – any of the highly accurate, correct, and factual information that I have posted. John Hussman is a SUPERB ANALYST and very correct as to all of his observations regarding the markets.

            You apparently have zero comprehension as to VALUATION METRICS such as PE multiples. What do you think you are buying when you buy a stock but for ownership to an income stream based on annual earnings?

          • JC Teecher

            In his defense, (if you can believe that) an immediate upvote will sometimes keep a post from going directly into moderation.
            The author, of this site, did it every time he posted awhile back. Why? Not because he was putting himself on a pedestal with his comments.

            sometimes I do it if I think I have used words that will throw my comment into immediate moderation. Just sayin’.

          • Jared

            It would be nice if this disqus was like infowars disqus because there at least you can post links no problem.

  • pissedlizard كافر ‏

    He has been saying this for years and years. Nothing happens.

    • SoCalBeachDude

      A whole lot has happened as to the collapse of the US economy and global economies over the past 10 years.

      • pissedlizard كافر ‏

        That doesn’t address the article or my comment. This guy has been saying, for years, that “next year the bubble is going to pop”. It will, we all know it but nobody knows when. This guy was saying this nonsense when Glenn Beck was on Fox. Literally. He has yet to be right.

        • Guest

          Agreed. Several years ago Rogers stated “next year is going to be a disaster.” It turned out that nothing significant happened. That’s just one example.

          • SoCalBeachDude

            Absolutely false as to your assertions.

          • Guest

            Nope. Absolutely true.

          • dadelaw

            Socalbeachdude, you really do need to get a life. I also live in Singapore. Five years ago I went to one of Rogers’s seminars in the Raffles Hotel here. I sat not ten yards away from him. He said that bonds were going to crash, interest rates were going to soar along with inflation, gold was going to soar, stocks were going to crash, commodities, ESPECIALLY the grains, were going to soar (Begged people to buy farmland). I heard it, man. I WAS THERE!!

          • SoCalBeachDude

            Bond prices are INVERSE TO YIELDS and bonds are set for HUGE PRICE CRASHES in the very near future as RISK IS PROPERLY PRICED IN and that is already happening in municipal bonds.

            As to gold, Jim Rogers has been very pessimistic on that stuff and has repeatedly said it was going below $900 and it is actually headed towards and to its mean of $456 and then lower.

            Jim Rogers estimated gold will reach around $900 per ounce during 2015 which is about $100 below the rather high estimate of $1000 per ounce by Goldman Sachs.

            http://www.youtube.com/watch?v=CywizxXuW1k

            Gold reached its manic speculative high on September 5, 2011 and has been plummeting ever since and is now down 35% over the past nearly 6 year period.

        • SoCalBeachDude

          Laughably false, and Jim Rogers doesn’t make predictions on any specific time line to enhance your betting record on stocks but rather discusses BROAD TRENDS IN THE MARKETS and he has ALWAYS BEEN 100% CORRECT as to his observations.

          The US and global stock markets have been in ARTIFICIAL LA LA LAND REALITY fed by HOPIUM AND FALSE PERCEPTIONS for the past 8 years and 2 months and are HEADED FOR THEIR BIGGEST CRASHES IN THE HISTORY OF THE MARKETS DEAD AHEAD.

        • Stuey

          He never addresses someones comment or the articles at hand. He just spreads mindless dribble.

  • SoCalBeachDude

    RADIO BLUES: CUMULUS on brink of total collapse…

    At radio giant Cumulus Media, things have gone from bad to worse. A quick look at the stock price tells the tale.

    When former Chief Executive Lew Dickey exited in September 2015, the stock was already an anemic $5.45. On Friday, Cumulus shares closed at 52 cents.

    Back in the halcyon days of early 2014, Cumulus stock was trading at $64.04. Now things are in tatters, and a Nasdaq delisting looms — as does a possible bankruptcy.

    Cumulus owns hundreds of radio stations and syndication company Westwood One, and competes with the likes of iHeart and CBS Radio, now in the hands of Entercom.

    http://nypost.com/2017/06/11/cumulus-media-is-on-the-brink-of-a-total-collapse/

  • SoCalBeachDude

    TECH STOCK SLAUGHTER…

    http://www.reuters.com/article/us-usa-stocks-idUSKBN1901LX

    NEW BUBBLE FEARS…

    http://www.cnbc.com/2017/06/09/fang-stocks-slammed-goldman-compares-them-to-tech-bubble.html

    Bezos Falls to No. 3 as $8.6 Billion Wiped Out!

    https://www.bloomberg.com/news/articles/2017-06-09/bezos-falls-to-no-3-as-tech-giants-drop-8-6-billion-chart

    Apple, Facebook and other big tech stocks tank, weigh on Wall Street

    Facebook, Apple, Amazon.com, Alphabet, Microsoft all fell more than 3 percent Friday as investors rotated out of the stocks. The group has been the market’s leaders and is behind about 40 percent of its performance this year.

    http://www.cnbc.com/2017/06/09/fang-stocks-slammed-goldman-compares-them-to-tech-bubble.html

    • Paul Anders

      TECH STOCK SLAUGHTER…
      It’s not a slaughter when it’s overly bloated to begin with.

      • SoCalBeachDude

        Equities (stocks) can go up many thousands of percent, but can only ever fall 100%. Get a clue.

        • Paul Anders

          A stock can go down 3%, hundreds of times, right in a row…

          • SoCalBeachDude

            While moving right towards zero just like the recent history of Cumulus Media fully detailed directly below whose stock has plunged from a high of $64.04 per share to its current Friday close of $0.52 per share.

          • Lorungee

            I’ll buy some !!

  • SoCalBeachDude

    All eyes on tech sector ahead of expected Fed interest-rate hike on June 14, 2017

    http://www.marketwatch.com/story/all-eyes-on-tech-sector-ahead-of-expected-fed-interest-rate-hike-2017-06-10

    • Paul Anders

      There will be no interest rate hike.

      • Guest

        I think the Fed will raise the Fed Funds rate this week.

        • Paul Anders

          Only if they want to stall the economy

          • Guest

            I believe that is their intent.

          • SoCalBeachDude

            Laughably false.

          • SoCalBeachDude

            The only 3 interest rates set by the Federal Reserve have NOTHING WHATSOEVER to do with the US economy where all interest rates that do matter are set by the yields in the US Treasuries markets.

      • SoCalBeachDude

        Laughably false. The Federal Reserve will raise the only 3 interest rates they set this week including the:

        1) Federal Discount Rate (the rate at which banks borrow directly from the Federal Reserve for overnight liquidity purposes on a fully collateralized basis).

        2) Federal Funds Rate (the interbank borrowing rate at which banks borrow from each other strictly for liquidity purposes for very short terms (typically overnight) on a fully collateralized basis.

        3) IOER (Interest On Excess Reserves) (the rate paid by the Federal Reserve to member banks on their more than $2.5 trillion in funds in their excess reserves accounts inside the Federal Reserve).

        Not that it matters the slightest bit of a hoot, however, as the FDR and FFR are practically NEVER USED THESE DAYS given the fact that member banks are overflowing with vast excess reserves and have NO NEED WHATSOEVER to borrow from each other or from the Federal Reserve for overnight liquidity purposes.

        The Federal Reserve targets for these rates are around 3% by the end of next year in December 2018 and the Federal Discount Rate is always set at 0.5% higher than the Federal Funds Rate.

  • SoCalBeachDude

    The USA market indices are showing a bit of divergence…

    USA market closings 3:49 PM 6/9/2017

    Dow 21,271.97 89.44 0.42%
    S&P 500 2,431.77 -2.02 -0.08%
    Nasdaq 6,207.92 -113.85 -1.80%
    GlobalDow 2,782.75 7.46 0.27%
    Gold 1,268.80 -10.70 -0.84%
    Oil 45.90 0.26 0.57%

    http://www.MarketWatch.com

    • Tim

      There you go again hijacking the comments section. This isn’t your site. Why don’t you start your own site where you can copy and paste all day long?

      • SoCalBeachDude

        Why put up such an ignorant little snark rather than a comment with some actual substance?

        • Guest

          Says the Cut & Paste King!

      • Brandon H.

        Just block him like I did – so much easier than reading that insane nonsense!

        • SoCalBeachDude

          So you are saying ACCURATE AND TRUTHFUL NEWS is “insane nonsense?” Really? Seriously?

  • SoCalBeachDude
    • Paul Anders

      Nothing goes up everyday…?

  • SoCalBeachDude
  • SoCalBeachDude

    Stock prices are set AT THE MARGIN with the last purchases of a small percentage of stocks outstanding SETTING THE PRICES FOR THE ENTIRE MARKET CAPITALIZATION OF STOCKS.

    So a very small amount of transactions DRIVES THE VALUE OF ALL STOCKS VASTLY HIGHER. by trillions of dollars. Those values are the purported equities in stocks but are UNDERPINNED BY ONLY A VERY SMALL AMOUNT OF MONEY RELATIVE TO THEIR PRICES. That value is what VANISHES INTO THIN AIR when the prices of stocks crash as it was NEVER MONEY IN THE MARKETS IN THE FIRST PLACE but just valuations driven by transactions at the margin.

    The money in the overall system may remain general constant, but the ASSET VALUATIONS IN A SOARING BUBBLE STOCK MARKET DO NOT REMAIN CONSTANT at all but are driven vastly higher and far above any amount of money available to cashier them out at all at their current bubble prices.

    HOW STOCK PRICES CRASH…

    Equities (stock) markets are merely EXCHANGE CLEARANCE MECHANISMS BETWEEN BUYERS AND SELLERS OF EQUITIES. The value of any and all stocks at any given time is ONLY WHAT A BUYER IS WILLING TO PAY A SELLER TO BUY SHARES OWNED BY THE SELLER.

    As sellers outnumber buyers on any stock the price of that stock axiomatically falls correspondingly and the amount of money any buyer is willing to pay a seller becomes lower and lower until a price is reached at which the next buyer is willing to part with their money to the seller to purchase a stock. Market capitalizations (the total value of all outstanding shares of particular stocks times their market valuation per share) fall accordingly.

    When stock markets crash it is because of an EXCESS AMOUNT OF SELLERS COMPARED TO BUYERS and the bid prices for stocks plunge as sell orders go unfilled until they drop to lower prices. When sell orders substantially exceed buy orders then the MARKET MAKERS assigned to each stock have to step in and buy stocks on their own accounts to support clearance of stock sell orders. In the first case above, money to clear stock sales and cash out the sellers comes from other buyers in the markets. In the second case above, money to clear stock sales comes from the MARKET MAKERS from their own cash accounts.

  • SoCalBeachDude

    NYSE “CIRCUIT BREAKER” RULES WILL HELP CUSHION MARKET PLUNGES

    The NYSE circuit breakers won’t kick in until a 2060 point decline on the Dow (DJIA) 30. It should be noted that effective April 8, 2013, the NYSE Circuit breaker rules were amended:

    Rule 80B

    Effective April 8, 2013, amended Rule 80B will be in effect. Amended Rule 80B replaces:

    • the DJIA with the S&P 500 as the benchmark index for measuring a market decline;

    • the quarterly calendar recalculation of Rule 80B triggers with daily recalculations; and

    • the 10%, 20%, and 30% market decline percentages with 7%, 13%, and 20% market decline percentages.

    http://usequities.nyx.com/markets/nyse-equities/circuit-breakers

    • Paul Anders

      They will not help. Did they work in 2008-2009…NO!

      • SoCalBeachDude

        Circuit breakers SLOW THE DESCENT of stock markets as they are crashing and are quite helpful in doing that which is their very purpose.

  • SoCalBeachDude

    MAINE BLUEBERRY PRICES PLUMMET…BY 75%

    Fear of losing blueberry growers as prices drop, crop soars

    PORTLAND, Maine – Members of Maine’s agriculture industry and state government fear the possibility of losing blueberry growers due to a depression in prices that has made growing the beloved crop a less reliable way to make a living.

    https://www.washingtonpost.com/national/fear-of-losing-blueberry-growers-as-prices-drop-crop-soars/2017/06/11/cc48a304-4e9d-11e7-b74e-0d2785d3083d_story.html

    • Paul Anders

      Good, Blueberry muffins will be cheaper,,,

      • SoCalBeachDude

        Not necessarily.

  • aldownunder

    Lost my job as a lifeguard yesterday.

    Apparently refusing a Muslim entry to the pool whilst tapping the “No bombing” sign isn’t the done thing.

    • Guest

      What will you do now?

    • LIZ THE SHIZ

      rim shot, thank you everybody, I’ll be here all week ,try the shrimps on the Barbie

    • SnodtBlossom

      I’m sure you can get another job at the ocean of foolishness here.. and i’m sure it will really pay good.

  • LIZ THE SHIZ

    I think Jim’s bow tie is cutting off his blood supply to his brain

    • SoCalBeachDude

      Jim Rogers is 100% correct, Dizzy Lizzie.

      • Paul Anders

        Arguably laughable

      • Stuey

        Here he says it again, Roger is 100% CORRECT but then said he never said that all within the same thread. Get off the drugs dude you are losing it.

    • Jim Rogers

      I have a brain? Who knew!!!

      • Stuey

        Wow, good to see you here Jim!!

  • SoCalBeachDude

    Not that it matters,but we are only a few days away from the next increase in interest rates on the only 3 interest rates set by the Federal Reserve and the Federal Reserve is in the midst of general tightening and will be significantly cutting the size of its balance sheet.

    Fed forecasts rate hike ‘soon,’ details plan to trim balance sheet

    Most members of the Federal Reserve believe they should raise interest rates “soon” as long as the economy continues to rebound from a surprising bout of weakness in the first quarter, minutes from the Federal Reserve’s May 2-3 meeting showed.

    The minutes, which were released Wednesday afternoon, showed some central bankers were still watching for evidence that a recent slowdown in growth is temporary and that inflation is heating up before committing to another interest rate hike. But if economic data comes in as expected, the Fed could raise rates when it meets on June 13-14, a move markets have generally been anticipating.

    The minutes also contained details of how the Fed might reduce the massive $4.5 trillion balance sheet it accumulated by purchasing Treasury and mortgage-backed securities during the recession. Central bankers expressed preference for a plan that would let the assets gradually mature but every three months decrease the amount the Fed reinvests in these purchases, leading to a predictable and orderly reduction.

    https://www.washingtonpost.com/news/wonk/wp/2017/05/24/fed-minutes-sound-note-of-caution-about-june-rate-hike/?utm_term=.115c2777225f

  • SoCalBeachDude

    We are in a GLOBAL DEFLATIONARY SPIRAL that is rapidly intensifying with commodities prices PLUNGING and that is what will continue for the foreseeable future.

    Oil dives 5 percent on surprise build in U.S. crude, gasoline stocks

    http://www.reuters.com/article/us-global-oil-idUSKBN18Y03Q

  • SoCalBeachDude

    Sears is closing 72 stores — here’s the full list

    Sears is closing 72 more stores, in addition to the more than 180 closings that had already been announced this year.

    The company released a list internally on Tuesday of the new closings, which include 16 Sears stores, 49 Kmart stores, and seven auto centers.

    Most of the stores will close in September.

    http://www.businessinsider.com/sears-is-closing-72-stores-heres-the-full-list-2017-6

    • Paul Anders

      Them and Kmarts should have done society a favor and closed down years ago.

      • SoCalBeachDude

        Sears is an excellent and wonderful department store and loved and used by many tens of millions of us in America.

        • Stuey

          Rich guy like you shops at Sears? hmmmm……that’s interesting……..maybe you aren’t as rich as you claim.

          • SoCalBeachDude

            You apparently incorrectly “think” all so-called “rich” folks just stupidly waste there money whereas people with resources are among the most careful people in the world as to how they spend their money – which is a key reason they have substantial resources.

          • Jim

            Waste “Their” money not “There” money.

          • Stuey

            “So called rich folks”……….so you are saying you aren’t really rich? Here we go again, getting a consistent statement out of you is a task. So either you are a rich dude living of of Trust Funds with an “S” who is buying and eating old stale bread or you are a poor dude eating old stale bread. Either way you are eating old stale bread, just a matter if you are a tight rich guy or a poor bum.

          • SoCalBeachDude

            I am a very savvy shopper, but apparently you are not, and you should learn to become a savvy shopper! As to bread, it last for many weeks and months especially when refrigerated or frozen.

  • SoCalBeachDude

    MAG: ‘MUSK MAGIC’ WEARING THIN?

    The Man, The Myth, The Risk…

    https://www.wsj.com/articles/elon-musk-the-man-the-myth-the-risk-1496848491

  • SoCalBeachDude

    The most laughably bogus bubble out there right now is so-called “crytocurrencies” with the poster child for such manic speculative idiocy being intrinsically worthless BitCon which is headed for a massive collapse.

    Bitcoin surges 8% to record near $3,000

    http://www.cnbc.com/2017/06/06/bitcoin-surges-to-new-record-rising-above-2900.html

    Crypto currency… cloakcoin up 300% in two days

    https://srsroccoreport.com/crypto-currency-cloakcoin-up-300-in-two-days/?cn=bWVudGlvbg%3D%3D

    Bitcoin – a speculative asset with “no intrinsic value”

    https://www.cryptocoinsnews.com/bitcoin-speculative-asset-no-intrinsic-value-says-business-insider-founder/

    • Paul Anders

      They are due for a correction I’ll give you that…but they are here to stay, unlike your criminal Federal Reserve

      • SoCalBeachDude

        There is nothing even slightly unethical – let alone in any way ‘criminal’ about the Federal Reserve.

        • GSOB

          The Federal Reserve runs the country. That ethical?

          • SoCalBeachDude

            The Federal Reserve certainly does not “run” the country (USA) at all, but is MERELY ITS CENTRAL BANK which steers entirely clear of any political activity or involvement, and it is CONGRESS and the EXECUTIVE BRANCH which run the country. As to ethics, I would suggest you bring that matter up with CONGRESS and with the EXECUTIVE BRANCH as to their pitiful lack of ethics.

    • John Candor

      Look at the cryptos that actually do something like ethereum, sia, or lumens if you want an investment and not a highly speculative gamble. It doesn’t hurt (well, not for long usually) to have some exposure in crypto.

      • SoCalBeachDude

        That garbage is nothing but WORTHLESS STRINGS OF ZEROS AND ONES and nothing more and has no inherent or intrinsic value at all and will rapidly revert to its true worth of zero.

  • JC Teecher

    Very good article Mr. B.I.C.
    You know what I mean friend.
    We are getting close to a point of no return, and your warnings are becoming more relevant and sadly, but importantly….dire.

    The time is now for those that must and are able, to begin making adjustments. We are set. for almost any catastrophe, here in the good ole southern Appalachians, and next winters firewood is stacked and will be well seasoned by October. Solar panels are ready, and the battery array is almost complete, with a little tweaking. Food reserves, wouldn’t you like to know?
    Water systems are set for pumping, 1000 gallon storage with gravity fed shower and toilet water supply, is ready, and power to operate the two counter top water distillers is in place, with a wood fired ten gallon distiller system on standby, to supply the elderly neighbors and young children.

    • SoCalBeachDude

      Appalachian Studies

      Appalachia as an academic interest was the product of a critical scholarship that emerged across the disciplines in the 1960s and 1970s.

      With a renewed interest in issues of power, scholars could not dismiss the social inequity, class conflict, and environmental destruction encountered by America’s so-called “hillbillies.”

      Appalachia’s emergence in academia is a result of the intersection between social conditions and critical academic interests, and has resulted in the development of many Appalachian studies programs in colleges and universities across the region, as well as in the Appalachian Studies Association.

      https://en.wikipedia.org/wiki/Appalachia

    • Paul Anders

      I’m pretty sure he called you a dumb hillbilly in a post above…

      • SoCalBeachDude

        Is that in any way not accurate as to JCT?

        • Paul Anders

          I’m not going there…

      • JC Teecher

        how sweet of it

  • JC Teecher

    The old saying, “time will tell” has new meaning this time around. We have been expecting an economic crash on the heels of a stock market meltdown for many years now.

    Some say there is a ten year pattern, that has been prevalent for many decades, yet some say the pattern has been less than ten.
    Well the beginning of the last major market fall/drop of 2008/’09 markets, actually got started well before those years, but hey! Who is counting?
    After my “end of the last Jubilee” post a few days ago, I am adding to that post with this revelation about past market crashes.
    Anybody old enough, or invested enough, into Wall Street will remember, or at least hearing about, the big October Crashes and corrections over the decades.
    There was a panic that almost went into a total crash in Oct. 1907.
    Black Tuesday, Thursday, and Monday of 1929.
    Black Monday of 1987
    A couple of those were due to catalysts that happened in September. One of the largest, if not the actual largest on paper, was what took place back in Sept. 2008, when nearly 2 trillion dollars was scrubbed from the global economies in a single day.
    Are we due for a big one this early Fall?
    Is America overdue for a coming judgment and reckoning for all its sins of God hate, murders, sorceries and Idolatry?
    Are people waking up to the possibilities because of all the debt and whacky weasel practices by the global banking systems?
    Answers below:
    Maybe
    Yes
    No

    • TOUJOURS DEMAIN

      Maybe
      Yes
      Probably
      No.

      • aldownunder

        Yes
        No
        Maybe
        I don’t know
        Can you repeat the question

        • TOUJOURS DEMAIN

          Probably
          No.

  • TOUJOURS DEMAIN

    This is the second time recently that one of SoCalBeachDude’s links have ended up being one of Mlkes topics.

    Interesting.

    • Mark

      What was the first one?

      • TOUJOURS DEMAIN

        June 1st, 2017 SoCalBeachDude • 9 days ago
        MAY JOBS… 94,983,000 NOT IN LABOR FORCE…(Link)

        Next published article June 4th, 2017 “The real unemployment number……”

        Excerpt from article “In May, the government added a staggering 608,000 Americans into the “not in the labor force” category. So now the number of working age Americans “not in the labor force” has reached a total of 94.98 million. “

        • SoCalBeachDude

          That’s only because they were KEY BREAKING NEWS STORIES and the author of this blog is very bright and picks up on the latest major stories very quickly for his latest articles. There are so many major stories going on at once today that it is impossible to declare any one the most overriding story at any given time and many like this article and that other article have been ONGOING STORIES DEVELOPING FOR YEARS which are now getting dramatically worse as the new numbers come rolling in.

          • TOUJOURS DEMAIN

            Remember saying this about Ms. May Day?

            “As I clearly stated, it was BREAKING NEWS, and is now the TOP STORY all around the world which is equivalent to a MAGNITUDE 9 EARTHQUAKE in the UK. Are you somehow not aware of that, or what?

            In very stark contrast, as the author of this blog stated in the very title to this particular article, “In Reality Comey’s Testimony Turned Out To Be A Huge ‘Nothing Burger’” – and now its time to move on to something that actually matters.”

            You may be doing Mlke’s Investigative journalism for him.

          • TOUJOURS DEMAIN

            SoCalBeachDude I see your comment was blocked because you used his Excellence name.

            Guess how I knew that?

          • SoCalBeachDude

            I don’t see any “blocked comment” at all. Which one are you saying was “blocked?”

            One thing I did learn today is that that if you publish a comment here with a link and then replace it in its entirety with an update including the same link due to various revisions it will automatically go into moderation for a period.

          • TOUJOURS DEMAIN

            Refresh and look for your response to my comment about Mlke’s investigative journalism above.

          • SoCalBeachDude

            I think it just temporarily disappeared and that is not that unusual with Disqus. Iput in a different and much shorter update on the Ms. May Day situation above.

          • TOUJOURS DEMAIN

            Possible but you did use Mlke’s name and that’s one of the impardonable sins here.

          • SoCalBeachDude

            That may put it into moderation, but any comments where I have done that all get approved and posted in due course. Oddly, the latest comment I put up about Ms. May Day, however, went into moderation!

          • Paul Anders

            I’ve had that happen a few times myself…

          • Stuey

            So now the author is bright. Last week you said he was wrong on many issues, get your story straight.

    • LIZ THE SHIZ

      Yes, I’ve noticed that too, is there a connection? I think we should hire a special prosecutor to investigate

  • Bill

    The obnoxious dude is not acceptable to us. Today the count
    Is…..

    • JC Teecher

      Last time I counted there were 22 upvotes on your request from the previous article (yesterday), to have the dud committed, and not surprisingly, One of them was from the dud himself. He wants and needs help.

      • SoCalBeachDude

        Education in Appalachia (Or the Lack Thereof)

        For much of the region’s history, education in Appalachia has lagged behind the rest of the nation due in part to struggles with funding from respective state governments and an agrarian-oriented population that often failed to see a practical need for formal education.

        Early education in the region evolved from teaching Christian morality and learning to read the Bible into small, one-room schoolhouses that convened in months when children were not needed to help with farm work.

        After the Civil War, mandatory education laws and state assistance helped larger communities begin to establish graded schools and high schools.

        During the same period, many of the region’s institutions of higher education were established or greatly expanded. In the late 19th and early 20th centuries, service organizations such as Pi Beta Phi and various religious organizations established settlement schools and mission schools in the region’s more rural areas.

        In the 20th century, national trends began to have more of an effect on education in Appalachia, sometimes clashing with the region’s traditional values.

        The Scopes Trial—the nation’s most publicized debate over the teaching of the theory of evolution—took place in Dayton, Tennessee in southern Appalachia in 1925. In spite of consolidation and centralization, schools in Appalachia struggled to keep up with federal and state demands into the 21st century. Since 2001, a number of the region’s public schools were threat

        https://en.wikipedia.org/wiki/Appalachia

      • SnodtBlossom

        “He wants and needs help”
        that’s what your wives say about you in bed

        • JC Teecher

          Which one told you that?
          She was the one that also begged and pleaded with the Creator while making love with yours truly…..ohmyohgodohmymymyohgodohgoohgod..ohmygod..ohmygodohmygodohmygod….sigh……sigh…ohthankyougod.

          She never could keep her mouth closed..or her legs.

          • Dave

            You present yourself in your comments as a Christian, and then you write something like the comment above? That is unacceptable on this blog. Don’t bother replying. I really don’t care what you have to say. I’ve seen enough from you to know that you ALWAYS have to have the last word. But I’ve blocked you, so I won’t see anything that you have to say. You profess to know God, but your comment above tells me everything I need to know about you. And this isn’t the first time you’ve written something like that. And it’s obvious that most of your stories are fake.

          • JC Teecher

            And you are so right…eous?

          • JC Teecher

            That is why you have right of freewill and you are only responsible for you, as I am only responsible for me.
            I am not a preacher, and have a connection to common peoples, that accept they are sinners. No one on this blog or any others are perfect. We only can be who we are, and strive to be truthful, with all our shortcomings. I don’t try to hide who I am and where I have been. You may be a better christian, and that is alright by me, as I answer for my comments only.

            A person can hide whom they are on a blog. but they cannot hide anything from God, so have a perfect life and leave me alone to live my imperfect life.

          • SoCalBeachDude

            Your near total lack of abiding by Christian principles is beyond mind boggling for someone who calls themselves a Christian.

          • SnodtBlossom

            Note how he always buddies w/Dirtbags#1 for some kind of protection

          • SoCalBeachDude

            Yep. Pitiful, just pitiful as one famous Beverly Hills Hillbilly used to say!

          • JC Teecher

            Protection from what and whom?
            None of your types, I can grant you that, Ms. heathen witch licker.

          • SnodtBlossom

            Me and those like me.. You think your junky cowboy wannabee, other board sycophants, and your wives of ill-repute can run me and other good bloggers off… but you can’t.

          • SoCalBeachDude

            The Appalachian hillbilly just never learns!

          • SoCalBeachDude

            Religion in Backcountry Appalachia

            Christianity has long been the main religion in Appalachia.

            Religion in Appalachia is characterized by a sense of independence and a distrust of religious hierarchies, both rooted in the evangelical tendencies of the region’s pioneers, many of whom had been influenced by the “New Light” movement in England.

            Many of the denominations brought from Europe underwent modifications or factioning during the Second Great Awakening (especially the holiness movement) in the early 19th century.

            A number of 18th and 19th-century religious traditions are still practiced in parts of Appalachia, including natural water (or “creek”) baptism, rhythmically chanted preaching, congregational shouting, snake handling, and foot washing.

            While most church-goers in Appalachia attend fairly well organized churches affiliated with regional or national bodies, small unaffiliated congregations are not uncommon in rural mountain areas.

            https://en.wikipedia.org/wiki/Appalachia

          • SnodtBlossom

            Exacly…

          • SoCalBeachDude

            Yep, and the article below on “Religion in Backcounty Appalachia” helps explain JCT.

          • JC Teecher

            My current wife, that you called a whor, said she would like to meet you in person and she would make you eat those words.
            I’d pay a benjamin to watch.

          • JC Teecher

            To follow up (you knew I would), I told the wife this morning what Snottly had commented, and what my response was. Her reaction was to laugh, and say “you’ll pizz off some high and mighty holy rolling church people with that.”
            I replied that I did not care, as I wasn’t trying to win a popularity contest, and besides, ECB isn’t a Church and I sure as hell ain’t no preacher. I try to connect with the average person anyway, and most of the holier than thou church people can’t be taught anything as they already know it all. She concurred.
            I am not against anyone going to church or trying to do what is right. However; we know way too many of the Sunday go-to-meeting types that are goody two shoes on Sunday, yet rip people off the rest of the week, and many have adulterous relationships at work, while talking trash about others in church.
            All are sinners and come short of the Glory of the Kingdom, but when some put themselves up on a pedestal because they show up on Sunday, riding in fancy new vehicles, in fancy clothes and look down on others, well; we don’t care for those types, because many of those are selfish and would sell their granny for another dollar, anyways. Don’t even get us started on how many we have caught in flat out lies.

        • sister soldier

          Behave Snotty! =)

        • CASTIEL

          Shut the f#ck up!!!! you fatty ugly mouse!!!!!

          • SnodtBlossom

            Você é um saco de sujeira portugese

          • Sisaj me do balcaka

            Popusis mi kurac jebeni travestitu.

    • Jim

      Why don’t you just block his crap?

      • Bill

        Did, but the blocked icon is a reminder of the annoyance and his HPD.

        Histrionic personality disorder (HPD) is defined by the American Psychiatric Association as a personality disorder characterized by a pattern of excessive attention-seeking emotions, usually beginning in early adulthood, including inappropriately seductive behavior and an excessive need for approval.

        • SoCalBeachDude

          What utter stupidity and sheer nonsense. Apparently you consider all ACCURATE AND INCISIVELY REPORTING OF FACTS to be a “personality disorder.” Such absurdity is beyond totally mind boggling.

        • ISA41:10

          Liberalism is a mental disorder!!!!

          The transference neuroses of liberals:

          Lyle H. Rossiter, Jr., M.D. ‘‘The Liberal Mind The Psychological Causes of Political Madness’’ 2006
          pp 328-330:

          The Values of the Liberal Mind

          Like all other human beings, the modern liberal reveals his true character, including his madness, in what he values and devalues, in what he articulates with passion. Of special interest, however, are the many values about which the modern liberal mind is not passionate: his agenda does not insist that the individual is the ultimate economic, social and political unit; it does not idealize individual liberty and the structure of law and order essential to it; it does not defend the basic rights of property and contract; it does not aspire to ideals of authentic autonomy and mutuality; it does not preach an ethic of self-reliance and self-determination; it does not praise courage, forbearance or resilience; it does not celebrate the ethics of consent or the blessings of voluntary cooperation. It does not advocate moral rectitude or understand the critical role of morality in human relating. The liberal agenda does not comprehend an identity of competence, appreciate its importance, or analyze the developmental conditions and social institutions that promote its achievement. The liberal agenda does not understand or recognize personal sovereignty or impose strict limits on coercion by the state. It does not celebrate the genuine altruism of private charity. It does not learn history’s lessons on the evils of collectivism.
          What the liberal mind is passionate about is a world filled with pity, sorrow, neediness, misfortune, poverty, suspicion, mistrust, anger, exploitation, discrimination, victimization, alienation and injustice. Those who occupy this world are ”workers,” ”minorities,” ”the little guy,” ”women,” and the ”unemployed.” They are poor, weak, sick, wronged, cheated, oppressed, disenfranchised, exploited and victimized. They bear no responsibility for their problems. None of their agonies are attributable to faults or failings of their own: not to poor choices, bad habits, faulty judgment, wishful thinking, lack of ambition, low frustration tolerance, mental illness or defects in character. None of the victims’ plight is caused by failure to plan for the future or learn from experience. Instead, the ”root causes” of all this pain lie in faulty social conditions: poverty, disease, war, ignorance, unemployment, racial prejudice, ethnic and gender discrimination, modern technology, capitalism, globalization and imperialism. In the radical liberal mind, this suffering is inflicted on the innocent by various predators and persecutors: ”Big Business,” ”Big Corporations,” ”greedy capitalists, ”U.S. Imperialists,” ”the oppressors,” ”the rich,” ”the wealthy,” ”the powerful” and ”the selfish.”
          The liberal cure for this endless malaise is a very large authoritarian government that regulates and manages society through a cradle to grave agenda of redistributive caretaking. It is a government everywhere doing everything for everyone. The liberal motto is ”In Government We Trust.” To rescue the people from their troubled lives, the agenda recommends denial of personal responsibility, encourages self-pity and other-pity, fosters government dependency, promotes sexual indulgence, rationalizes violence, excuses financial obligation, justifies theft, ignores rudeness, prescribes complaining and blaming, denigrates marriage and the family, legalizes all abortion, defies religious and social tradition, declares inequality unjust, and rebels against the duties of citizenship. Through multiple entitlements to unearned goods, services and social status, the liberal politician promises to ensure everyone’s material welfare, provide for everyone’s healthcare, protect everyone’s self-esteem, correct everyone’s social and political disadvantage, educate every citizen, and eliminate all class distinctions. With liberal intellectuals sharing the glory, the liberal politician is the hero in this melodrama. He takes credit for providing his constituents with whatever they want or need even though he has not produced by his own effort any of the goods, services or status transferred to them but has instead taken them from others by force.
          It should be apparent by now that these social policies and the passions that drive them contradict all that is rational in human relating, and they are therefore irrational in themselves. But the faulty conceptions that lie behind these passions cannot be viewed as mere cognitive slippage. The degree of modern liberalism’s irrationality far exceeds any misunderstanding that can be attributed to faulty fact gathering or logical error: Indeed, under careful scrutiny, liberalism’s distortions of the normal ability to reason can only be understood as the product of psychopathology. So extravagant are the patterns of thinking, emoting, behaving and relating that characterize the liberal mind that its relentless protests and demands become understandable only as disorders of the psyche. The modern liberal mind, its distorted perceptions and its destructive agenda are the product of disturbed personalities.

    • GoinSheep

      Speak for yourself. I think he posts good links.

      • CASTIEL

        OF course you think that!!!! you stupid goat!!! Usually retarded people think alike!!!

        • GoinSheep

          I may be sheep, but I’m not a goat

    • SoCalBeachDude

      Who is the “us” you are talking about? A few nuts who can’t comprehend correct, factual, and accurate information? Really? Seriously? Are you that clueless and delusional?

    • Stuey

      LOCK HIM OUT!! LOCK HIM OUT!!

  • dadelaw

    “Legendary investor, Jim Rogers” !!!!

    This creep has been WRONG on just about everything he’s touched for years and years and years: bonds, stocks, commodities, real eswtate… you name it…

    Why, in the name of all that is near and dear to us, DO YOU KEEP INVOKING THE VERBAL DROSS OF THOSE WHO ARE MANIFESTLY WRONG AGAIN AND AGAIN AND AGAIN?????

    • SoCalBeachDude

      How has Jim Rogers been wrong at all?

  • PocoPete

    In 2013 Jim Rogers stated:

    “I know of nothing that has gone up for 12 years without a decline but I would also expect the correction to be different from normal. I am expecting another buying opportunity for gold in the next year or two and it will eventually go well over 2,000 dollars/ounce.”

    • SoCalBeachDude

      That sort of nonsense – if ever stated was nearly immediately dumped in the trash – Jim Rogers estimated gold will reach around $900 per ounce during 2015 which is about $100 below the rather high estimate of $1000 per ounce by Goldman Sachs.

      http://www.youtube.com/watch?v=CywizxXuW1k

      Gold reached its manic speculative high on September 5, 2011 and has been plummeting ever since and is now down 35% over the past nearly 6 year period.

      • PocoPete

        In a 2016 in an interview with Barron’s Rogers said:

        “Before this is over, gold is going to go through the roof and could turn into its own bubble – more and more people will lose confidence in governments and currencies and when that happens, they always turn to gold.”

        Timing is tricky though, and Rogers hopes that he’ll realise at the right time if the dip isn’t coming and will be “smart enough to buy more if it doesn’t.”

        Rogers has long been on record regarding his expectation of great things for gold, mainly thanks to governments debasing the currency.

        “If the U.S. dollar becomes confetti, any number you want to make up. They’re printing U.S. dollars fast enough to turn them into confetti. Who knows how high gold will go …”

        • SoCalBeachDude

          What utterly bogus and stupid nonsense. Watch his views on gold headed to below $900 per ounce.

          Jim Rogers estimated gold will reach around $900 per ounce during 2015 which is about $100 below the rather high estimate of $1000 per ounce by Goldman Sachs.

          http://www.youtube.com/watch?v=CywizxXuW1k

          • PocoPete

            Jim Rogers doesn’t make predictions on any specific time line to enhance your betting record on stocks but rather discusses BROAD TRENDS IN THE MARKETS and he has ALWAYS BEEN 100% CORRECT as to his observations.

          • SoCalBeachDude

            One thing that Jim Rogers appears to be VERY CLUELESS ON is the topic of currencies and his alleged statement in 2016 is LAUGHABLY FALSE AND DEAD WRONG as the US money supply matter is that IT IS FAR TOO SMALL TO SUPPORT THE VALUATION OF ASSETS IN THE US ECONOMY BY A HUGE PERCENTAGE.

            China has GROSSLY ABUSED THE PROCESS OF MONEY CREATION over the past 10 years and has increased its money supply by more than $30 trillion from less than $3 trillion to more than $34 trillion with the value of its currency, the renminbi (RMB / yuan) NEARLY ENTIRELY PEGGED TO THE VALUE OF THE US DOLLAR with very minimal float which is CHEATING TO THE MAX in the global currency markets.

            Now, that game is all coming CRASHING DOWN FOR THE EGREGIOUS MONEY PRINTERS INSIDE CHINA who have turned their currency into worthless monopoly money and created a sea of debt as far as the eye can see.

            China has a huge debt problem. How bad is it?

            Credit rating agency Moody’s downgraded China this week, warning that the country’s financial health is suffering from rising debt and slowing economic growth. It’s the first time the agency has cut China’s rating in nearly three decades.

            Fears about debt levels in the world’s second-largest economy have been flagged before. The International Monetary Fund pushed Beijing to “urgently address” the issue last year.

            http://money.cnn.com/2017/05/25/news/economy/china-debt-economy/

            China debt ‘could prompt $7.7 trillion asset sale’

            http://asia.nikkei.com/Politics-Economy/Economy/China-debt-could-prompt-7.7-trillion-asset-sale

            BANKING PANIC BREAKS OUT INSIDE PBOC IN CHINA

            Extreme panic has broken out inside the PBOC inside China over the past week. The PBOC (People’s Bank Of China) is the central bank of China and their equivalent to the Federal Reserve. The PBOC has jacked up the overnight interbank borrowing rate to 42.8% which is equivalent to the Federal Reserve raising the Federal Funds Rate which applies to overnight interbank borrowing up to 42.8%.

            Many crises are going on inside the Chinese banking system and financial markets and that is where the epicenter of the global financial panic and collapses will be occurring which will affect the entire global economies.

          • PocoPete

            Jim Rogers has ALWAYS BEEN 100% CORRECT as to his observations.

          • SoCalBeachDude

            No, Jim Rogers has been DEAD WRONG on a number of predictions including on commodities which is is obsessed with, but overall, Jim Rogers has been correct on many predictions and generally I am a fan of his views on economic matters.

          • PocoPete

            This is a quote from your own comment below:

            SoCalBeachDude:
            “Jim Rogers doesn’t make predictions on any specific time line to enhance your betting record on stocks but rather discusses BROAD TRENDS IN THE MARKETS and he has ALWAYS BEEN 100% CORRECT as to his observations.”

            Are you now retracting your earlier comment?

          • SoCalBeachDude

            I would suggest you focus on the BIG PICTURE which is the EXTREME OVERVALUATION OF THE US AND GLOBAL STOCK MARKETS rather than focusing on the very trivial issue of each and every one of Jim’s observations or predictions as to specific market events.

            Overall, Jim Rogers has a great track record and is a very successful COMMODITIES SPECULATOR and has made a number of astute observations over his many years. Has he been right on all of them? Of course not.

            Nobody ever is, particularly as to timing, but none of that has anything at all to do with the FACT THAT THE MARKETS ARE NOW EXTREMELY OVERVALUED AND HEADED FOR THEIR BIGGEST CRASHES IN THE HISTORY OF THE MARKETS including commodities, real estate, and stocks, as well as bond prices which will cause yields (interest rates) to soar as RISK IS PRICED IN.

          • PocoPete

            First you say Rogers is 100% correct and now you say Rogers is not 100% correct. You should try to be more consistent if you want people to respect your opinions.

          • SoCalBeachDude

            I never stated that Jim Rogers is 100% as to EVERYTHING at all. Learn to read and comprehend, dude, and stop trying to make such a mountain out of a mole hill over irrelevant trivia. He is 100% as to his OVERALL BROAD VIEW OF THE ECONOMY and the ultimate catastrophes that will befall the equities markets.

          • PocoPete

            Since you are having trouble with expressing yourself clearly, perhaps you should ask for help from your English teacher.

          • SoCalBeachDude

            That would certainly describe YOU as always. Please learn how to read and comprehend what is stated.

          • PocoPete

            With all due respect, you would be more credible if you refrained from such childish comments.

          • SoCalBeachDude

            I don’t put up childish comments, but you put up an endless array of clueless and childish comments including your nonsensical trivia directly above. Pitiful.

          • Jim

            “FACT” SoCalBeachDude likes to insult other people’s opinions that differ from his. “FACT”

          • SoCalBeachDude

            There is only ever ONE SET OF FACTS.

          • PocoPete

            There is sometimes a difference between the TRUTH and the FACTS.

          • PocoPete

            That statement was uncalled for.

          • aldownunder

            That is the main problem with the dude
            If your opinions differ from his he just attacks with senseless diatribe which is a perfect example of his arrogance

          • SoCalBeachDude

            FACTS ARE NOT OPINIONS. Hellloooo?

          • PocoPete

            “You don’t have true freedom until you allow a diversity of opinion and a diversity of voices.” -Don Lemon

          • SoCalBeachDude

            Don Lemon is an utter ignoramus and should have been fired from the Clueless Nonsense Network years ago and his specialty appears to be inciting racial hatred and ridicule with absurd and utterly bogus assertions.

            CNN’s Don Lemon Utterly Loses It on Trump-Martin Luther King …

            CNN’s Don Lemon had yet another racially outraged episode on Thursday night when one of his panelists tried to defend himself.

            http://www.newsbusters.org/blogs/nb/tom-blumer/2017/04/15/cnns-don-lemon-utterly-loses-it-he-fails-intimidate-jeffrey-lord
            Petition · CNN: Remove Don Lemon from CNN

            https://www.change.org/p/cnn-remove-don-lemon-from-cnn-2

          • Stuey

            YOU are racist and an anti-semite.

          • SoCalBeachDude

            Laughably false and flagged.

          • PocoPete

            Is that a fact or your opinion?

          • Stuey

            HAHA………good one! and so true!

          • Stuey

            You just BUSTED him for the liar he is!

          • Stuey

            Nobody except YOU right, you are always correct in your predictions, no?

          • aldownunder

            Got him on toast
            turn up the heat

          • Stuey

            HAHA….BUSTED AGAIN!! I busted drugheaddude above for his inconsistent comments on the importance of the national debt. Now you show more of his inconsistent comments which some call lieing. He makes so many false and misleading statements he can’t even keep up with his own lies and thus contradicts himself again and again. And for claiming to be a rich guy he sure knows the exact price and brand of the cheapest bread you can buy. Very interesting indeed.

          • aldownunder

            and again

          • SoCalBeachDude

            Gold – like nearly all of the world’s 27 major commodities – will simply CONTINUE TO PLUMMET as demand dries up and as the global economies collapse in seas of debt which is exactly what is going on.

          • aldownunder

            touch’e again

          • SoCalBeachDude

            Not.

        • aldownunder

          touch’e

    • Bill

      Even the best wisdom can be manipulated by the treacherous deep state.

  • Paul Anders

    Geez, I can’t even post anymore?

    • Paul Anders

      Most of my comments get blocked anymore…and this guy wants to be a politician?

      • TOUJOURS DEMAIN

        With a little bit of thinking and creativity (probably not possible for you) you can get around that.

        Now put down the “HELP” sine Wile E. Coyote and think!

  • print print print sommore

    economy cannot technically get any slower,half the population don’t work,2/3 get a handout from gov’t ,a subsidy from gov’t,a grant from gov’t,a paycheck from gov’t,a contract from gov’t,a check of some sort (from gov’t)each month,virtually everything revolves around a hopelessly bankrupt gov’t,what could possibly go wrong (lol)

    • SoCalBeachDude

      The US economy is an $18+ trillion a year economy and is – by far – the largest single country economy in the world.

  • Bill

    When it comes to economics, like the weather, NO ONE has ever mastered the art of forecasting…..

    • SoCalBeachDude

      There is no way to underestimate the GREED and STUPIDITY that is rife in the financial markets nor the negligence that exists as to financial responsibility and the reliance of debt throughout the economy.

  • SoCalBeachDude

    HOME LENDING MORTGAGE MARKET NEARING SHUTDOWN…

    Fannie and Freddie are nearly out of money and D.C. is getting anxious

    http://www.marketwatch.com/story/fannie-and-freddie-are-nearly-out-of-money-and-washington-is-getting-anxious-2017-05-11

  • SoCalBeachDude

    Tech Slump Gives European Shares the Monday Blues

    MILAN — A big fall in Apple suppliers and other tech stocks hurt European shares in opening deals on Monday, more than offsetting well-received election results in France and Italy.

    Shares in chipmakers STMicro and Dialog fell more than 4 percent following heavy losses at U.S. and Asian peers.

    The worst drop in Apple shares in 14 months on Wall Street on Friday sparked a bout of profit-taking across richly valued tech stocks that have soared to record highs this year.

    Europe’s tech index fell 2.3 percent, leading sectoral losers in Europe and on track for its biggest one day loss since October 2016. The index has soared around 40 percent over the last year to hit a 15 year high earlier this month.

    https://www.nytimes.com/reuters/2017/06/12/business/12reuters-europe-stocks.html?_r=0

  • SoCalBeachDude

    For the latest numbers on the global stock indices, see:

    http://www.IndexQ.org

  • SoCalBeachDude

    US Tech selloff spreads to Asia and then Europe…

    https://www.reuters.com/article/us-global-markets-idUSKBN19300X

  • Carl

    Jim Rogers looks like a demented old circus monkey in this picture. Bow ties on grown men make them look mildly retarded.

    • TOUJOURS DEMAIN

      He a all also looks inebriated.

  • Joe soap

    He may be right, but didn’t he say this last year and the year before that and the year…….?

  • Richard O. Mann

    The upcoming crash will make the great depression of the 1930’s look like a picnic. Even though there are few on here who were around during that one, from what I have read it was nasty to the bone. Students of prophecy have been looking at this for some time now. Just another sign that this age is about to end.

    • SoCalBeachDude

      Stock market crashes from absurd valuations are not the causes of “depressions” at all which are rather caused by COLLAPSING CREDIT BUBBLES and the stock markets are just ONE SYMPTOM of that collapse and contraction.

    • Stuey

      Socaldrugheaddude has said numerous times that the Great Depression wasn’t bad at all. Although, he of course was not alive at that time he is all knowing of all history and what he says is the only truth. So the GREAT Depression was not great at all, so even if future economic downturns are worse they still won’t be bad.(using drugheaddudes logic).

  • JC Teecher

    All kidding and joking aside, I want to present some facts.
    Not just speculative reasonings, like most financial/economic forecasters do, but some hard facts of why this financial mess the USA is in, is not sustainable nor reconcilable.
    Here is a necessary fact to consider, and it starts with the true meaning of a word that has become common and tossed around a lot lately. I can show you how uncommon this word should be, in relation to our financial /economic mess. The word is “trillion”.
    To fully understand the seriousness of what a trillion is, we need to fully see how gargantuan this number really is.
    I will for use time in seconds to represent the numerical value of a trillion. If I owe you some money, (any amount) and say I will pay you back in One “million” seconds, that time would amount to nearly 12 days. If we agreed that the money would be paid back in a “billion” seconds, it would take nearly 32 years for you to get your money.
    Now, we make a new agreement, and I will pay you back your money in one trillion seconds, it would be 32,000 years before you get paid.
    A trillion is almost an unimaginable amount of dollars.
    The estimated wealth in goods and cash, in all the world, is about 200 trillion dollars.
    The perceived National Debt for the US of A is reportedly about 20 trillion dollars, but in all actuality, when the figures are laid out for what is owed for the coming entitlements that have already been committed to, by the gov, for the persons alive today, and for their expected lifetimes, with deaths and new retirees coming online for their Social Security payments……………
    The true National debt is over 211 trillion dollars. A good percentage over the true value of the world’s cash and goods.
    There are only two ways/reasons, that we have not imploded already, financially/economically; and that is because of the Federal Reserve and it’s near zero interest rates, coupled with printing of money, and the fact that the “dollar”, that they have been printing and throwing at the problem, is accepted as the World’s Reserve Currency.
    When the interest rates rise, as they will, and enough other Countries decide they no longer want to accept the US of A dollar as the “reserve currency”, the system as we know it, along with that dollar crashes.
    When that happens, the ever see-sawing stock markets will crash as well.
    “When”, that will happen is getting closer every day, as more and more Countries are not buying our debt, and systems are being set up, to use another currency as the World Reserve.
    But then again; what do I know; I’m just an old backwards hillbilly according to the guru financial/economic expert, s©bd.

    • aldownunder

      Anthony Robbins does an excellent piece describing a trillion on youtube

      • SoCalBeachDude

        There’s nothing to describe as it is simply 1,000 billion.

        • PocoPete

          It can be described in many equivalent ways.

    • SoCalBeachDude

      One trillion is simply 1,000 billion.

      • JC Teecher

        Einstein statement? Not hardly, as my five year old grandson could figure that.

        • SoCalBeachDude

          So, then, what was the point of your long blathering post that says nothing but the simple statement that I made above?

          By the way one quadrillion is 1,000 trillion.

          • aldownunder

            What comes after a quadrillion?

          • SoCalBeachDude

            The disparity between trillion and the final two numbers, quadrillion and quintillion, in fact, is so great that they barely register on the bar graph. … Those numbers, in ascending order, are sextillion, septillion, octillion, nonillion, and decillion.

            http://blog.oxforddictionaries.com/2014/12/psy-youtube-quintillion/

          • aldownunder

            Oh right
            I thought it would be a quadrillion and one

          • SoCalBeachDude

            The array of numbers in the universe has no outer limits and can be expanded forever.

          • PocoPete

            Well then one more number won’t hurt anything then.

          • PocoPete

            A googolplex is a pretty big number also.

          • SoCalBeachDude

            That is a meaningless term created by a little silly simple minded child. In 1920, Edward Kasner’s nine-year-old nephew, Milton Sirotta, coined the term googol, which is 10100, then proposed the further term googolplex to be “one, followed by writing zeroes until you get tired”.

            Googolplex – Wikipedia

            https://en.wikipedia.org/wiki/Googolplex

          • PocoPete

            That is still a big number.

          • SoCalBeachDude

            No doubt, but absolutely meaningless.

          • PocoPete

            The meaning is well defined.

          • SoCalBeachDude

            It has NO MEANING AT ALL, but is simply a notion of writing a 1 and then adding zeros until one gets tired. No doubt something as meaningless and silly – not to mention outright stupid – as that would appeal to you.

          • aldownunder

            Yet another totally uncalled for remark by yourself

          • SoCalBeachDude

            You called for it. You got it! Why don’t you try to come up with a comment that actually has some substantive value and relates to the current topic of this article or the broader economic collapsing unfolding here in the US and globally right now? Or is that far, far too much to ask?

          • PocoPete

            A googolplex is the number 10 to the googol power, or equivalently, 10 to the (10 to the 100 power) power.

          • SoCalBeachDude

            Which, exactly as I stated, is a TOTALLY MEANINGLESS NOTION. Get a clue, dude.

          • PocoPete

            “Physicist Don Page shows that the number of states in a black hole with a mass roughly equivalent to the Andromeda Galaxy is in the range of a googolplex.”

          • SoCalBeachDude

            Sheesh! Is that dude ever dumber than a pile of broken asteroids!

          • PocoPete

            He has a PHD in physics.

          • Voice Over

            You did know he was going to tell you, didn’t you?

    • PocoPete

      Here is another way of thinking about how large a trillion is. By the year 2100 a trillion dollars will be the price of a loaf of bread.

      • SoCalBeachDude

        Laughably and cluelessly false. Bread is now very cheap and you can often get 1.5 pound loafs on Manager’s Special of great Van de Kamp’s bread for as low as 39 cents per loaf.

        • Stuey

          For a rich dude living on multiple Trust FundS with an “S” and you so well corrected me previously, you sure know a lot about the price of cheap bread. Maybe you are not as rich as you claim? BUSTED!!

          • SoCalBeachDude

            Your comment is very telling as to how little you know about how people with substantial resources handle money. As Benjamin Franklin once said, “a penny saved is a penny earned!”

    • SoCalBeachDude

      No, the true federal debt is not the number you assert at all but rather only ABOUT $20 TRILLION with nearly $6 trillion of that amount being OWNED BY THE FEDERAL GOVERNMENT ITSELF through its various agencies with the Medical and Social Security Trust funds being the largest holder of that set of nearly $6 trillion in special US Treasuries.

      Total ACTUAL DEBT in the United States now exceeds $67 trillion with only about $20 trillion of that being federal government debt and with the rest coming from all sectors of the US economy.

      Until and unless MONEY IS BORROWED TO PAY FOR IT, so-called “unfunded liabilities” are NOT DEBT AT ALL.

      • Stuey

        You are the one who has been concerned about the level of debt by the US govt. You have called for all kinds of cuts in federal spending to cut the annual deficit spending. Now in the above response you act as if the debt is small and of no concern. So which is it Einstein? Is the debt a concern or not? Should we cut spending or not? Please make up your mind one way or the other or at least remember your opinions you have previously posted, or as some would say if you are going to lie at least remember your lies and keep them straight.

        • SoCalBeachDude

          What I stated are the ACTUAL FACTS which are that the total debt outstanding in the USA is more than $67 trillion across all sectors and levels of the economy and the federal debt is less than one-third of that amount at around $20 trillion.

          Contrary to your bizarre assertions, that does not diminish the catastrophic nature of the federal debt but clearly states that an enormous and alarming amount of the $67 trillion debt in the USA is totally outside the federal government to the tune of more than $47 billion.

          Obviously, federal government spending needs to be cut by around $1 trillion a year and/or federal taxes need to be raised to around $1 trillion a year.

          • Stuey

            Ok……so now you admit that the federal debt is a big issue. I will wait and see what you say next week, you are so inconsistent.

          • SoCalBeachDude

            I have always with totally consistency stated that federal debt is the most major issue facing the country on a federal level, but that does in any way diminish the fact that DEBT ACROSS ALL SECTORS OF THE US ECONOMY IS MUCH GREATER THAN TOTAL FEDERAL GOVERNMENT DEBT.

    • SoCalBeachDude

      The Federal Reserve only sets 3 interest rates and none of those matter the slightest bit of a hoot in the US economy. All interest rates that do matter are set based on the YIELDS ON US TREASURIES in the $13 trillion a year US Treasuries markets.

      The Federal Reserve will raise the only 3 interest rates they set this week including the:

      1) Federal Discount Rate (the rate at which banks borrow directly from the Federal Reserve for overnight liquidity purposes on a fully collateralized basis).

      2) Federal Funds Rate (the interbank borrowing rate at which banks borrow from each other strictly for liquidity purposes for very short terms (typically overnight) on a fully collateralized basis.

      3) IOER [Interest On Excess Reserves] (the rate paid by the Federal Reserve to member banks on their more than $2.5 trillion in funds in their excess reserves accounts inside the Federal Reserve).

      Not that it matters the slightest bit of a hoot, however, as the FDR and FFR are practically NEVER USED THESE DAYS given the fact that member banks are overflowing with vast excess reserves and have NO NEED WHATSOEVER to borrow from each other or from the Federal Reserve for overnight liquidity purposes.

      The Federal Reserve targets for these rates are around 3% by the end of next year in December 2018 and the Federal Discount Rate is always set at 0.5% higher than the Federal Funds Rate.

  • Leif Erickson

    Every year for the past four years some big investor and/or analyst has predicted a stock market correction is going to happen soon. Eventually some year it will happen and a hundred stock market experts will say, “See, I told you so!”

  • ollie173

    Good, then keep you head in the sand and you money in the market…I’ll tickler to respond to you after the crash to congratulate you on you BIG loss…if your still alive and haven’t jumped out any window that is…LOL

    • SoCalBeachDude

      Huh?

  • TOUJOURS DEMAIN

    Stay tuned. June 12th that will be the topic along with some of your links.

  • GSOB

    Ah … but the Federal Reserve is Wall Streets choice

    • SoCalBeachDude

      The Federal Reserve is simply the central bank in the USA and its primary purpose is to handle interbank transactional clearances for the around 6,000 banks in the USA.

  • aldownunder

    Well said

    • SoCalBeachDude

      Not, just more laughable nonsense from the usual suspects. Sad.

      • Voice Over

        I find most of the dude’s comments informative (even if he does go on a bit) with useful links.
        I haven’t been here for a while as I was ‘censored’ for an innocuous remark that very mildly criticized the author. Ultra sensitive, are we?

      • Stuey

        It was not snarky. YOU are the one who is snarky with your disrespectful and smart remarks.

        • SoCalBeachDude

          You apparently can’t even recognize the difference between comments with SUBSTANTIVE CONTENT versus mere inane ad hominem attacks like yours above of zero substance. Pitiful, and sad.

        • SoCalBeachDude

          Once again a rude snark from you with absolutely ZERO SUBSTANCE. Pitiful.

  • SoCalBeachDude

    TECH TANKS…

    The tech stock ‘fairy tale’ is heading for a bad ending…

    Tech giveth, and tech taketh away. And the formerly red-hot sector has been doing quite a bit of taking over the past two days.

    The jarring sell-off has highlighted the fragility of a tech rally driven largely by a handful of high-flying mega-cap stocks that are more heavily owned by managers of large funds than at any other point in the eight-year bull market. That includes the so-called FANG stocks — Facebook, Apple, Netflix, and Google — and others, like Nvidia.

    The sector’s swift fall from grace also shows just how perfect the conditions were that led to its equity-market dominance — conditions that, when unwound, can wreak havoc not just on the elite few companies leading the rally but also on those clinging to their coattails.

    “Just like in the fairy tale, this perfect scenario is unlikely to last,” Goldman Sachs’ chief US equity strategist, David Kostin, wrote in a client note on Friday.

    http://www.businessinsider.com/the-tech-stock-fairy-tale-is-heading-for-a-bad-ending-2017-6

  • SoCalBeachDude
  • SoCalBeachDude

    Comments are UNLIMITED and the amount of WHITE SPACE is infinite here. Do you not have anything of substance at all to fill that vast empty space? IF not, then why resort to mindless snarks such as above?

  • SoCalBeachDude

    More nonsense.

    • Stuey

      Because he can, show some respect.

  • SoCalBeachDude

    Not more nonsense from ZeroBrains. Sad.

  • SoCalBeachDude

    What totally false nonsense from the utterly clueless dolts over at ZeroBrains.

  • SoCalBeachDude

    Oh, puleaase.

  • SoCalBeachDude

    ‘Horrendous storm’ to hit stocks, Wall Street not rational: David Stockman

    If David Stockman is right, Wall Street should hunker down.

    “This is one of the most dangerous market environments we’ve ever been in. It’s the calm before a gigantic, horrendous storm that I don’t think is too far down the road,” he recently said on “Futures Now.”

    Stockman, who was director of the Office of Management and Budget under President Ronald Reagan, made his latest prediction after lawmakers grilled former FBI Director James Comey over whether President Donald Trump tried to influence the Russia investigation.

    “This is a huge nothing-burger, but you don’t take comfort from that. You get worried about that because the system is determined to unseat Donald Trump,” said Stockman.

    Stockman argues the latest drama on Capitol Hill is a distraction from the real problems facing the economy.

    “If the Senate can involve itself in something this groundless, it’s just more hysteria about Russia-gate for which there is no evidence. If they can bog themselves down in this, then we have a dysfunctional, ungovernable situation in Washington,” he said, noting there are just seven weeks until lawmakers go home for the August recess.

    Stockman contends it’s unlikely tax reform and an infrastructure package will become reality in this environment — two business-friendly policies seen as a huge benefit to Wall Street.

    In fact, he warns, the country could see a government shutdown in a matter of months.

    http://www.cnbc.com/2017/06/09/horrendous-storm-to-hit-stocks-wall-street-not-rational-david-stockman.html

  • SoCalBeachDude
  • SoCalBeachDude
  • SoCalBeachDude
  • SoCalBeachDude

    Apple’s stock set to snap longest streak above key chart level in over 6 years

    http://www.marketwatch.com/story/apples-stock-set-to-snap-longest-streak-above-key-chart-level-in-over-6-years-2017-06-12

  • SoCalBeachDude

    Here’s what sparked the Nasdaq’s worst two-session rout in 9 months

    http://www.marketwatch.com/story/what-sparked-the-nasdaqs-worst-two-session-rout-in-9-months-2017-06-12

  • SoCalBeachDude

    USA Market Closings 1:33 PM 6/12/2017

    Dow 21,235.67 -36.30 -0.17%
    S&P 500 2,429.39 -2.38 -0.10%
    Nasdaq 6,175.46 -32.45 -0.52%
    GlobalDow 2,773.00 -8.39 -0.30%
    Gold 1,267.80 -3.60 -0.28%
    Oil 46.04 0.21 0.46%

    http://www.MarketWatch.com

  • SoCalBeachDude

    RETAILERS ON BRINK OF COLLAPSE…

    In the wake of Gymboree’s bankruptcy filing, here are the retailers that could be next

    Fitch says Sears, Claire’s Stores, Nine West Holdings, 99 Cent Stores, J. Crew and True Religion Apparel are among those retailers that have a significant risk of default over the next 12 months.

    http://www.cnbc.com/2017/06/12/after-another-retail-bankruptcy-heres-who-could-be-next.html

  • SoCalBeachDude
  • SoCalBeachDude
  • SoCalBeachDude

    THE CRAZY FAR LEFT IN THE USA…

    PIERS MORGAN: Hate-filled liberals seem to think Trump is such a joke that anything goes. But encouraging violence and death towards ANY president isn’t funny, unless they want to destroy the democracy they claim to love

    American liberals are overly sensitive. Not a minute of any day goes by without one of them being mortally offended by something – and it usually involves Trump. But lately they have crossed a line. Before the election, the violent anti-Trump rhetoric was restricted to people like Robert De Niro saying he’d like to ‘punch him in the face.’ But ever since Trump won, it has grown a lot uglier and a lot more serious. Kathy Griffin beheaded him and now a nonprofit public theater is murdering him on stage nightly under the guise of Shakespeare.

    http://www.dailymail.co.uk/news/article-4596300/PIERS-MORGAN-Hate-filled-liberals-bad-Trump-death-jokes.html

    THE CRAZY FAR RIGHT IN THE USA…

    Angry and heavily armed ‘Trump militias’ undergo paramilitary training to prepare for economic disaster and Muslim terror attacks

    Militia members are relieved that Donald Trump won the presidency but believe it would be a mistake to lay down their arms just because he is in the White House.

    http://www.dailymail.co.uk/news/article-4595284/Under-Trump-US-militias-not-ready-lay-arms.html

  • SoCalBeachDude

    TRUMP NOW SAYS HE’S JUST LIKE GEORGE WASHINGTON

    I’m just like George Washington says Trump as he rejects Maryland and D.C.’s stealth bid to get his tax returns and other claims he’s breaching Emoluments Clause

    Government lawyers are battling lawsuits that President Trump violated the Constitution through his continued ownership of his business empire by referencing exports by George Washington.

    http://www.dailymail.co.uk/news/article-4596250/Trump-sued-breaching-oath-office.html

  • SoCalBeachDude

    LOOMING FEDERAL DEBT CRISIS…

    Debt limit would need to be hiked by October or November, analysis says

    http://www.marketwatch.com/story/debt-limit-would-need-to-be-hiked-by-october-or-november-analysis-says-2017-06-12

  • SoCalBeachDude

    The five biggest tech stocks lost nearly $100 billion in value on Friday June 9, 2017…

    U.S. stock markets punished tech stocks on Friday, and big tech names saw the worst of it.

    The so-called “big five” — Apple, Alphabet Class A shares, Microsoft, Facebook and Amazon — lost more than $97.5 billion in market value between the close on Thursday and the close on Friday, according to FactSet, dragging the Nasdaq to its worst week of the year.

    Shares of Apple fell nearly 4 percent on Friday, while the other four companies fell more than 3 percent. For most of the day, only 3 stocks in the S&P 500 tech sector were in the green: IBM, Teradata and Western Union. Apple, Facebook, Amazon, Netflix, and Alphabet all traded more than 2 times their 30-day average volume.

    It’s a rare down day for a sector that’s soared this year. The technology select sector SPDR ETF (XLK) is still up nearly 16 percent so far this year, while the information technology sector is the leading gainer in the S&P 500, up more than 18.5 percent.

    “They’re just plain overbought,” said David Bahnsen, founder, managing director and chief investment officer of The Bahnsen Group, a private wealth management firm. “They are extremely stretched from a valuation standpoint.”

    http://www.cnbc.com/2017/06/09/big-five-tech-stocks-sell-off-facebook-apple-amazon-microsoft-alphabet.html

  • SoCalBeachDude

    What you should know about Quantitative Tightening

    https://dailyreckoning.com/quantitative-tightening/

  • aldownunder

    As of this moment 105 of 222 comments socalbeachdude
    Way over the top and totally uncalled for maybe it’s time to open your own site so we can go back to enjoying this one without so much crap

    • SnodtBlossom

      please open a whiner site for yourself

      • aldownunder

        ??????

    • SoCalBeachDude

      Everything I have posted is a highly relevant current and very informative article on the ongoing financial collapse, and I would suggest that you read those comments and learn something and stop putting up stupid mindless snarks such as above which contain zero substance.

    • Stuey

      We can only hope. Why he is allowed to continue to post on here with special privileges even is absurd and laughable.

  • Stuey

    Very well said and very respectful in doing so. Although, of course drugheaddude responded with his typical disrespectful smart way.

  • DB200

    “And when markets do start falling, they can move very, very rapidly.” Yes, that is true. It is said that the financial markets take the stairs up and the elevator down.

Finca Bayano

Panama Relocation Tours
The 1 Must Own Gold Stock
180x350




 

Credible Warning

ProphecyHour

Facebook Twitter More...