Economic Depression/Collapse forcasted for Sept/Fall this year

American Revival Apparel Company

ImADad

Hunter
Aug 19, 2015
33
24
18
Atlanta
Yes, but they are derivatives and so they are still a bit sketchy even if they boom.

That being said, I made a few bucks today with mine.
 
  • Like
Reactions: Mac11FA

Laufen

Beloved flaming retard
Lifetime Supporter
Mar 23, 2015
7,927
6,129
113
I85
Zip code
30030
Yes, but they are derivatives and so they are still a bit sketchy even if they boom.

That being said, I made a few bucks today with mine.
For sure. Also we're going to see the DOW turn around, then hit another low, then power through December.
 

Semi-Pro

Woodsman
May 17, 2015
240
88
63
Smalltown, GA
A friend of mine works for a well respected market forecasting and investing company. A deep correction has been a long time coming. This has nothing to do with "planned" conspiracies, it's just the natural way the market behaves.

Yesterday I purchased some FAZ 3x inverse the DJIA. If the Dow tanks, I'm going to make out like a bandit. I'd encourage the rest of you to look into inverse etf's to at least familiarize yourself with how to use them. They can be a lifesaver if played correctly.
This is exactly what the stuff I posted from weiss resaerch was about
 
  • Like
Reactions: Mac11FA
Aug 12, 2015
22
10
18
PA
Corrections don't get worse per se, they simply retrace a market movement over time. We have all magnitudes of corrections in the market.

I 100% don't buy the planned correction, conspiracy bs. It's just paranoid idiocracy, coupled with a lack of understanding about the way the market works. The market is poised for a big correction though. When will it come? I dunno, October is always volatile, but maybe it'll be 15 years from now.

The market forecasting company I listen to regularly has their target number for the DOW at a scary low number, but they're careful to say that it isn't a prediction, but it's what the market indicates it will do. If we hit their forecast, hang on to your ass.
That's the problem with forecasts....since the market is basically smoke and mirrors and based on speculation that goes WAY beyond fundamentals. I think if too many people start shouting 'crash crash' then it becomes a self-fufilling prophecy of sorts. Things like this make the puppet masters jittery. There are a lot of things coming together that COULD make for a 'perfect storm'. The Fed pretty much borrowed against our children's (and grandchildren's) future to bail us out of the last meltdown and now they have no bullets left to do much of anything other than sit back and watch the blood run. I think if they'd have just let things run their course in 08-09, it would have been bad, but not nearly as bad as this one is gonna be if the hammer drops.
 
  • Like
Reactions: Mac11FA

Laufen

Beloved flaming retard
Lifetime Supporter
Mar 23, 2015
7,927
6,129
113
I85
Zip code
30030
I'm not giving financial advice here, but had you followed my recommendations 3 days ago, whatever you had invested would have increased in value by 31.6%. Not too shabby.
 
  • Like
Reactions: hikingthehills
H

Hoss

Guest
I'm not giving financial advice here, but had you followed my recommendations 3 days ago, whatever you had invested would have increased in value by 31.6%. Not too shabby.

When you jumping off the train?
 

Laufen

Beloved flaming retard
Lifetime Supporter
Mar 23, 2015
7,927
6,129
113
I85
Zip code
30030
When you jumping off the train?
We'll most likely have a small bump, hit another low, then we should..and I mean should be able to ride some stability through December. That's what I thought on Friday, but we blasted through the previous support of 16138 (or so) at the bell this morning, so we'll need to wait and see at this point. It still might go down that way.

Right now it's prudent to wait to see which direction physics wants to take this thing before making any rash decisions. For now, I'm holding my short position on the DOW, and just wishing that I'd invested more (like always), but pretty happy at my impeccable timing. I jumped in and bought FAZ for $10.19.
 

Sublimebeer

MAKE GUN FORUMS GREAT AGAIN
Mar 25, 2015
238
121
63
East Cobb Ga
Zip code
30068
My brother in law does is in private equity. Spends week days in New York and weekends here. Works for one of the big guys. I have been reading posts on this thread. I text him just a few mins ago. I asked about a economic collapse forecasted for September. This was his response:

Today wasn't a good day. But the fundamentals of the US economy are still very solid.

Hopeful that his is correct.
 
  • Like
Reactions: Mac11FA