Financial Market Failure
Uploader Comments (jpalme2000)
Top Comments
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Where the hell have you been? I miss your analysis.
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haha are you serious??? you must be joking, or just not watching the news
All Comments (79)
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2500 more points down on the Dow will be a 10,000 point loss. It's a slow motion crash.
Keep 'em coming John, and whatever you do don't change your intro music.
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All I got to say to all this is:
GOT GOLD?
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He probably left the country lol. I WOULD HAVE! But I'm a broke excuse for an american.
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deflation destroys dollars (assets and chattle value) at 10 times the rate they can be produced. to make matters worse, all the trasheries they sell will directly compete for stock market dollars.
aussies bailout plan is 50% bigger than ours by gdp.
markets will crash as there is not enough money to buy the treasuries and the stock market,, there is only so much.
dollar will continur\e to rise
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Bush stopped printing the dollar printing/minting report in 2007, because they were printing so much money, they didn't want anyone to know. The banks demand more dollars from the taxpayers without lending any back out to shore up the jobs. Retail will collapse, then commercial real estate, etc.
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it's not the dollar that is set for a crash,, it's the euro.
the stronger the dollar the weaker the s&p.
even the stronest of late,, the yen, is beaten my the strong dollar.
it's a simple supply demand issue, the depression has destroyed dollars faster than government monkeys can replace them.
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You need some 'newer' videos good buddy!
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Maybe because he was in a car "accident" after his accurate prediction of a crisis of 9-11 proportions, a crisis that was thwarted at Minot AFB in August of 2007 (Labor Day).
Why have you not made any new videos lately?
catdog262 2 years ago
Things haven't changed enough to warrant a new video. I know that lots of exciting things are happening in the news, but the fundamentals haven't changed. There are lots of people who can report the news.
My advice is the same: Stay cash. Have food. Stay away from Precious Metals.
One thing: The bottom is near. One or two more plunges and it will stabilize... if they stop changing the rules.
I'll make a new video as soon as it's time.
Thanks for watching patiently.
jpalme2000 2 years ago
Unless the credit card companies and interbank payment system fails, we'll start to recover in about March of next year. However, because of the lag of the reporting systems, you won't start to see it reported until June of next year.
Right now, folks are bringing out all the bad news. It's now OK to report bad things, the executives can blame it on the general economy.
jpalme2000 3 years ago
What has happened to him? The market has gotten worse in a way he thought not possible.
josecitomadera 3 years ago
The market is exactly where it was one month ago. All the doom and gloom on the news you see is the system purging itself of the excesses. As I said, 6 months things will be better. We are only 1 month into this process. It doesn't happen quickly.
I wish they'd stop trying to treat the symptoms with bandages based on politics.
jpalme2000 3 years ago
I know this guy isn't serious...?!?!?
He went to go "ballroom dance" as the majority of Americans are getting thrown out of their homes everyday?
Hey, is it me or should we be engaging with one another during these times instead of "blaming the victim" or doing other selfish activities such as ballroom dancing.
Damn, we just don't care about one another anymore. Complete apathy. What a sad commentary about the STATE of our world.
chelle099 3 years ago
You had 15 months warning from me that this was going to happen. I gave you what to do, how to do it, and even gave you plenty of warning.
It's sad sacks like Chelle here who just don't get it. I sacrificed the chance to own a home because of the overpriced baloney going on over the last 5 years.
I care enough to give you 15 months warning, how much more hand holding do you possibly need?
Where were you for the last 15 months?
Shall we dansu?
jpalme2000 3 years ago