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The 1929 Crash Vs. the Coming Stock Market Crash

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Uploaded by on Sep 29, 2009

JG Savoldi of BAM Investor examines the 1929 stock market crash and what it might be telling us about October 2009.

More info: http://baminvestor.com/blog

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News & Politics

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  • Marc Faber and Peter Schiff are both calling for a well over due stockmarket crash. There's two people for you!

  • 3 quick points. 1. No jobs, all in India, China, and somewhere not here. 2. Production capacity essentially gone, unlike the roaring 40's, 50's, and 60's. 3. Private student loan market already crashed, next is all other student loans. I know at least 20-30 people with degrees unemployed, like myself. I don't forsee paying these off until im in my 70's which is basically pointless. I want my money back for my degree so I can use it to wipe my ass since it will be as worthless as a bs degree.

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  • CAPITALISM HAS NOT CHANGED AS MUCH AS THEY IMAGINED

    YES IT IS A BOOMA AND BUST SYSTEM

  • Will be interesting to see it play itself out. I am losing money too.

    Robert Lichota

  • sure 2000 points in 7 days i have some can food enough water for 2 months but i cant protect myself against mauraders people will be hungry yikes!!!!!!

  • QE2 came to the rescue to at least temporarily save the stock market but put the nation on the path to bankruptcy.

  • i bet by 2020 dow jones and nasdaq and s&p will be back on track if not probley 20k

  • this guy is a joke and so are his predictions

  • Keep preaching doom and gloom boys. You will miss out on massive and excellent trading swings over the next few years. The market is not going to do another 1929!!!!!

  • @bradleymxz WOW I Totally agree with what you said here.

  • @cosmicguerilla1

    Soros has half his money in Gold now. I went 100 per cent gold mines in 2003-sold out for cash just a head of the turbulence around 700-800 dollar. Then paid off as much real estate debt on low-end properties as possible. Moved my butt to a smaller house with enough land for a garden.

    Buy gold now ONLY if you have ALL other bases covered. Food,shelter,weapons,medical,d­rugs, etc. And, even then consider how you can protect it--burial. Oh, wait, they can water-board us soon.l

  • okay, his timing was off a bit but Hurricane series on the orangequant channel shows VIX confirmation now

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