Quote from: Nink on January 20, 2016, 08:00:49 PM
Zerohedge is my source for financial gloom and doom

Yeah, good.   This is actually from Zero Hedge:


http://www.zerohedge.com/news/2016-01-20/tom-demark-today-interim-low-followed-5-8-rebound-then-another-selloff-china-fall-fu


       Alright, now.
I might have said, instead, "Does anyone else share my warnings or take them seriously?"
       I can see now that I'm just more demonstrative about what I think on this subject, is about all.   I should try and remember that there are individuals and small groups out there that are looking at the news and are quietly "preparing for the worst".


       However, some readers are simply tech-oriented electronics enthusiasts, not necessarily paramilitary revolutionaries.   I'm not anxious to be in a new civil war, but the economy, IMHO, will fall apart financially in due course.   When that happens, as this thread predicts, people will need to do something more than lock the doos and hope for the best.   The sh1t can "hit the fan", so to speak.


--Lee

Quote from: the_big_m_in_ok on January 20, 2016, 11:59:59 PM
       Yeah, good.   This is actually from Zero Hedge:


http://www.zerohedge.com/news/2016-01-20/tom-demark-today-interim-low-followed-5-8-rebound-then-another-selloff-china-fall-fu

So, at first the analysts said the American stock market would fall by 50%, now they say 80% (?)

http://thesovereigninvestor.com/exclusives/80-stock-market-crash-to-strike-in-2016/?z=451509

We'll see in the endgame.

--Lee

triffid, and anyone else:
       After seeing many buildings going up in San Francisco, I wonder if anyone else living in a large U.S.---or foreign--city is seeing the same thing?   Here, the accepted reason is the there's a 'tech boom' in the South Bay area towards San Jose.   More tech workers are supposed to be flocking to "The City" (S.F.), and these new buildings are mainly condos that the new arrivals with LOTS of tech boom money would be alleged to buy.
       So, triffid, is the same thing happening in, say, St. Louis?
Anywhere else in the U.S.?


       This looks a lot like the Chinese who building phantom office buildings and apartment buildings for nonexistent workers that they're trying to convince everyone else in the world that do exist?


Opinion anyone?


--Lee
P.S.
       My years-long opinion poll at the top of Pg. 1, indicates the pessimistic people who voted that the economy will 'worsen' in the future is at 51.8% as of 1/22/16.   It's never been as high as 52% as long as I've been looking at it.   If it does go that high, it'll take several more people to vote negative on the economy.   I would have always been right in my prediction.   And, I WAS the one whose opinion came out as having voted with the bold letters in the output list.   (That's the reason it's bold.   My personal vote is registered---or indicated---as bold.)


--Lee

http://www.scmp.com/business/companies/article/1903736/china-markets-live-hong-kong-and-china-stocks-close-sharply


       Okay.   This scenario is like a lot of past stock market 'corrections/nosedives/crashes, etc'.   The market falls, stabilizes briefly, and/or, rises some, but not a lot, and then falls drastically again to a new low.   The thing analysts are asking themselves is, "Will the Chinese market crater and start another worldwide recession?"
       Right.   Good question.   I've predicted all along in this thread it wold happen, and some Members have questioned me in the past:  "When?"
Another fair question.   Nobody likes unpleasant surprises.
       BUT, the thing that's coming over the horizon is out of China's 'hands':  That's the falling price of worldwide oil.   AND, Iran is about to full many, many tankers offshore in the Strait of Hormuz as I write.   The Chinese can't stop that and the Iranians may decide to buy more weapons and then aim them at Israel.   They can if they choose to do so.


       This scenario isn't going away soon.   Even if it does, and pre-crisis conditions return to normal, there's always another financial calamity lurking over another horizon.   It's only a matter of time before the whole "shebang" comes crashing down.


--Lee

Quote from: the_big_m_in_ok on January 24, 2016, 07:57:30 PM

...(snip)

       This scenario isn't going away soon.   Even if it does, and pre-crisis conditions return to normal, there's always another financial calamity lurking over another horizon.   It's only a matter of time before the whole "shebang" comes crashing down.

       http://www.profitconfidential.com/stock-market/stock-market-crash-is-a-dire-warning-for-americans-everywhere/


       This one above is about as plain as it can get.   Other people in foreign countries---like China; especially China---started some of this downward scenario, but the American stock market and just about all others worldwide as well, are in for a very big "correction".
       Right.   They (commercial traders) wanted to play 'bank' with money, and they eventually lost control of it when other people around themselves and/or foreign Gov't's wanted to play as well and then change to rules (financial laws) to suit themselves.
       Money should merely be a medium of monetary exchange, not to treat it like a commodity.   Gold is a physical element, but the commercial price placed upon it is not.   Anyone who tries to use greed to get what they want will eventually get resistance in the form of competition for survival if the one's desire to survive is great enough.   This drama will continue to unfold into the future, and we'll all see who comes out 'on top'.


--Lee