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Old July 18th, 2017, 04:21 PM   #1
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Coming economic crisis

The great bull market in its last stages? U.S. car sales fall sharply in June; Silicon Valley begins to crack visibly; October doom? Ron Paul predicts gold up 50% stocks down 25% this October
BY IWB · JULY 4, 2017

The great bull market in its last stages? U.S. car sales fall sharply in June; Silicon Valley begins to crack visibly; October doom? Ron Paul predicts gold up 50% stocks down 25% this October – InvestmentWatch
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Old July 30th, 2017, 03:06 PM   #2
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Ron Paul: Not a 'total shock' if stocks plummet 25% and gold soars 50% by October

Stephanie Landsman | @stephlandsman
Sunday, 2 Jul 2017

A painful correction is coming and there's little that can be done to prevent it, according to former Republican congressman and libertarian firebrand Ron Paul

http://www.cnbc.com/2017/07/02/ron-p...nt-by-oct.html
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Old July 30th, 2017, 03:57 PM   #3
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Yeah, Ron Paul sounds sensible, but he's been wrong for so long it's hard to get excited about his forecasts.
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Old August 12th, 2017, 04:05 PM   #4
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As Sales Plunge, GM Might Cancel Six Car Models
by Wolf Richter • Jul 20, 2017

GM is getting whacked harder than any of the major automakers by the industry-wide plunge in car sales, as Americans switch in ever larger numbers from cars to “trucks,” which include pickups, van, SUVs and crossovers. In the first half of 2017, GM’s car sales in the US plunged 19%, and in June 38%.

The rest of the industry (without GM) booked declines in car sales of “only” 10% in the first half and 9% in June.

As Sales Plunge, GM Might Cancel Six Car Models | Wolf Street
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Old August 24th, 2017, 03:31 PM   #5
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Goldman Sachs Says That There Is A 99 Percent Chance That Stock Prices Will Not Keep Going Up Like This
By Michael Snyder, on July 31st, 2017

– North Korea is threatening to nuke the US
– Donald Trump is firing his entire cabinet
– The Federal Reserve has dropped interest rates to record lows and drowned the world in trillions of dollars of cash
– Debt levels are at record highs
– Entire banking systems, especially in Europe, are in need of massive bailouts
– The US government will run out of money in less than 90-days and hit the debt ceiling once again


Goldman Sachs Says That There Is A 99 Percent Chance That Stock Prices Will Not Keep Going Up Like This
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Old August 25th, 2017, 05:51 AM   #6
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We moved our investments into the "safe" category last year, yes it's coming. Banks are failing around the World, Deutsche is holding on by a thread. China has a housing bubble the size of well, China. We have a sub-prime Auto bubble here in the US that is wobbling.
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Old August 25th, 2017, 08:45 AM   #7
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Some of the big-boys on Wall St. are getting worried about a correction. But what are you considering safe. Even cash will probably get hurt since I am still more afraid of inflation surging due to all the stimulus money finally affecting things. And gold is just another commodity now it seems.

So like three corrections before this, I stay with basically large companies, ride it out and come out looking good even if I have to wait four to five years.
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Old September 4th, 2017, 02:36 PM   #8
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Former Fed Chairman Alan Greenspan Ominously Warns That The Biggest Bond Bubble In History Is About To Burst
By Michael Snyder, on August 4th, 2017

Are we right on the verge of one of the greatest financial collapses in American history? I have been repeatedly warning that our ridiculously over-inflated stock market bubble could burst at any time, but former Federal Reserve Chairman Alan Greenspan believes that the bond bubble actually presents an even greater danger. When you look at the long-term charts, you will see that an epic bond bubble has been growing since the early 1980s, and when it finally collapses the financial carnage is going to be unlike anything we have ever seen before.

“The current level of interest rates is abnormally low and there’s only one direction in which they can go, and when they start they will be rather rapid,” Greenspan said on “Squawk Box.”

Former Fed Chairman Alan Greenspan Ominously Warns That The Biggest Bond Bubble In History Is About To Burst
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Old September 16th, 2017, 04:32 PM   #9
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De-Dollarization Accelerates: China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold

by Tyler Durden
Sep 3, 2017

The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S.-dollar denominated benchmarks by trading in yuan, Nikkei Asian Review


De-Dollarization Accelerates: China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold | Zero Hedge
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Old September 16th, 2017, 06:37 PM   #10
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The stock market always heats up and cools down. I think the market is not yet played out. If nothing is done I think it has still several months of growth. If substantial tax reductions can be passed in Congress I think we can see years of a bull market.
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