Time frame would be around September/October. "brah stop wearing a tin foil hat maaan" ok fair enough but lets see what history has in store for us aye?
Big collapses: Now if you are like me a gen Y then you only know one big crash, which was the 2007-8 one.
The cycle of 7 ladys and gents, our way of life financially is just fake. What kind of system makes debt = money lmao it is unsustainable.
The cycles of 7 is every 7 years a crash happens, so it happened in 1994, 2001 <(twin towers) it happened at 2008 and now it will happen this year.
My advice? Save cash, get out of the stock market, the market does not run that, the elite/ rich people do. When the crash happens buy every stock you got your eye on. Warren buffet said he was busy buying stocks for peanuts.
But ladys and gents the most important thing for your wealth is gold. Gold is real money and can not be printed.
Gold is purchased by governments and banks, are you telling me you know better then the government and banksters?
|
-
03-22-2015, 06:41 AM #1
Economic crash is going to happen this year. Get ready.
-
03-22-2015, 06:44 AM #2
-
03-22-2015, 06:44 AM #3
-
03-22-2015, 06:45 AM #4
-
-
03-22-2015, 06:45 AM #5
-
03-22-2015, 06:46 AM #6
-
03-22-2015, 06:46 AM #7
-
03-22-2015, 06:47 AM #8
-
-
03-22-2015, 06:48 AM #9
-
03-22-2015, 06:51 AM #10
-
03-22-2015, 06:51 AM #11
-
03-22-2015, 06:51 AM #12
-
-
03-22-2015, 06:52 AM #13
I agree with your sentiment that the debt is unsustainable and that another collapse will happen, but the 94 and 2001 "collapses" were like blips compared to 08'. The real serious ones were separated by much more time. I don't think we'll have a real collapse for awhile honestly even though things are being managed very poorly. I think we'll lag along and show little/no real economic improvement for years until we have another truly significant collapse. If you are seriously confident in your prediction though you should look in to buying silver. Prices are dropping hard and will likely continue to, I'd start buying when it hits the $13 mark (I sold all of mine for $22 not long ago seeing that the drop was coming.) IF there is another collapse or blip, gold/silver will skyrocket for a very short period of time in which you can dump it all and make a killing, but that is your only real chance to make any money on gold/silver. They really aren't great investments aside from when there is economic instability.
-
03-22-2015, 06:52 AM #14
- Join Date: May 2013
- Location: Monte-Carlo, Monaco
- Age: 29
- Posts: 234
- Rep Power: 1160
I've been hearing this a lot lately. Seems as if many educated and knowledgable individuals share your opinion, but I'm not entirely convinced. My biggest concern is that some companies are highly overvalued, and therefore we're heading towards a market correction. Regardless, I'll be going to be liquidating the majority of my positions. Hedging in this instance is pointless. Especially with the Grexit and its impact on the Euro.
Last edited by CrunchyK; 03-22-2015 at 06:58 AM.
-
03-22-2015, 06:58 AM #15
If anything the crash will be caused by the people in Venture Capital. They invest millions upon millions of $ into "Internet" based companies like GitHub, Reddit, Dropbox, etc. who only have a user base but no means of monetizing their websites to get money back. Then they have to come up with "Pay For" models like premium accounts, etc and basically kill off their whole user base and kill off their website.
The problem with investing in these .com companies is because it causes massive inflation and everyone knows the companies are not worth that much, they're only valued at a certain amount so they would get acquired by a bigger company like Yahoo! or something so investors could get their money back, but 89% of those types of companies don't get acquired and die off. And now with the explosion of Apps and their hype more and more people are pumping their money into these .com companies, and losing money because they only get shares which have no physical asset value. Imo.
-
03-22-2015, 06:58 AM #16
not correct. gold/silver basically act pretty similarly in that when times are good they MARGINALLY improve in value, when times are bad they skyrocket because people pull out of currency they aren't confident in and invest in something universally recognized like gold/silver. In todays reality gold/silver are TANKING because the world economy is slowly recovering and people are feeling confident again. Gold was at about $1900/oz four years ago, today it's at about $1100/oz. Silver was close to $50oz, today it's at like $15oz. They will continue to drop to nearly the exact amount they were before the economy tanked and will sit there for years until it happens again. If you understand that buying gold/silver when it's low right now or in the near future is a good plan ONLY if you hold for possibly 5-20 years waiting for another collapse, then you can make some money... If you think it's going to gain huge amounts year after year, you're going to be disappointed in a couple years, get frustrated and sell, then when it skyrockets be all pissed off saying to everyone you shouldn't have sold it years ago.
-
-
03-22-2015, 06:59 AM #17
-
03-22-2015, 07:01 AM #18
-
03-22-2015, 07:03 AM #19
-
03-22-2015, 07:04 AM #20
-
-
03-22-2015, 07:04 AM #21
- Join Date: May 2013
- Location: Monte-Carlo, Monaco
- Age: 29
- Posts: 234
- Rep Power: 1160
Partially, yes, but a key factor to causing a recession/correction? I think not. Overvaluing IPO'ed companies is one thing, and as such will cause a correction in the long run, but the majority of internet-based businesses are actually running a good EBIDTA/debt ratio. In my instance, and where my biggest concern lays currently, is the volatility of EU stock. Multiple members of the EU are highly indebted issuing junk bonds, highly dependent on foreign aid, and lastly, have a deadly inflation/unemployment ratio. Sooner or later the foreign aid will stop, and said countries are going to file for bankruptcy. That will certainly shake things up in Europe.
-
03-22-2015, 07:05 AM #22
-
03-22-2015, 07:05 AM #23
-
03-22-2015, 07:06 AM #24
-
-
03-22-2015, 07:09 AM #25
-
03-22-2015, 07:09 AM #26
-
03-22-2015, 07:10 AM #27
- Join Date: Sep 2014
- Location: Melbourne, Victoria, Australia
- Posts: 2,506
- Rep Power: 570
How can money be real if our eyes aren't real?
50% chance of being serious.
*Always brutally honest crew*
*Negged by neckbeard crew*
*Negged by angry internet virgins crew*
*Negged by butthurt FAs crew*
"hahaha just from this post i can tel youre a pathetic beta pushover dyel irl loooooooool" - Albert Einstein
-
03-22-2015, 07:11 AM #28
-
-
03-22-2015, 07:12 AM #29
-
03-22-2015, 07:13 AM #30
- Join Date: May 2007
- Location: San Antonio, Texas, United States
- Posts: 1,082
- Rep Power: 4786
Bond market will crash, gold, silver and oil with crash. The Euro will crash. THe US Dollar will rally hard. THe stock market will "Correct" not crash, it will correct enough to buck the bulls off the course and get the bears excited, then reverse and leave the potatoes behind while I make all kinds of gainz.
Srs, market psychology in a nutshell.No Fap Crew
No Contact Crew
Gym 2x Day Crew
Bookmarks