Specific Date of Collapse nominated

Discussion in 'Markets & Economies' started by Agnostic, Aug 3, 2017.

  1. Agnostic

    Agnostic Active Member Silver Stacker

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    I do believe the economy will collapse, but I have held that belief for a really long time, and things just keep on puttering along.

    So in this thread I will keep track of the brave souls who nominate a specific date for the collapse.

    Maybe in the future when we stumble on past these dates with no real change, it will give perspective.

    So I will start things off with...

    Egon von Greyerz, 1 August 2017 who says in bold "In the next 3-5 years most asset classes, be it stocks, bonds or property or just currencies are likely to lose 75% to 99% against gold and silver. Certainly not a risk worth taking." https://goldswitzerland.com/will-printing-half-a-quadrillion-dollars-save-us/

    That gives a wide expiry date of 1 August 2020 to 1 August 2022.

    Make sure your baked beans tins expire no earlier than then.
     
    mmm....shiney! likes this.
  2. House

    House Administrator Staff Member

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  3. Agnostic

    Agnostic Active Member Silver Stacker

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    Eager but Greyerz (by the dayerz) ?
     
  4. madaw1

    madaw1 Well-Known Member

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    Why on earth does he know! Egon von Greyerz another fortune-teller?
     
  5. Agnostic

    Agnostic Active Member Silver Stacker

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    Well thats the thing.

    The self-proclaimed experts keep on predicting the collapse, but the darn economy refuses to die.

    Having a specific date makes it more entertaining.
     
  6. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    I predict this year or next just like Jim Rogers did.
     
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  7. Agnostic

    Agnostic Active Member Silver Stacker

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    Blodget: One of the things I’ve always admired about you as an investor is that you don’t talk about what should be. You figure out what is going to be and then, you do that. So what is going to be with respect to the stock market? What’s going to happen?

    Rogers: I learned very early in my investing careers: I better not invest in what I want. I better invest in what’s happening in the world. Otherwise, I’ll be broke. Dead broke.Well, what’s going to happen is it’s going to continue. Some stocks in America are turning into a bubble. The bubble’s gonna come. Then it’s gonna collapse and you should be very worried. But Henry, this is good for you. Because someone has to report it. So you have job security. You’re a lucky soul.

    Blodget: Well, yeah, TV ratings do seem to go up during crashes but then they completely disappear when everyone is obliterated, so no one is hoping for that. So when is this going to happen?

    Rogers: Later this year or next.

    Blodget: Later this year or next?

    Rogers: Yeah, yeah, yeah. Write it down.

    https://www.businessinsider.com.au/jim-rogers-worst-crash-lifetime-coming-2017-6?r=US&IR=T


    Latest possible date for Rogers collapse: 31/12/18
     
  8. silverbait

    silverbait Member Silver Stacker

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    Specifically?
    In the next few years for sure!
     
  9. JOHNLGALT

    JOHNLGALT Well-Known Member

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    When will the collapse happen? I'll leave it up to Doris Day to give my answer.

    Doris Day - Que Sera Sera



     

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  10. House

    House Administrator Staff Member

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    Rogers back at it again... another year-in-year-out collapse predictor since at least 2003.
     
  11. Agnostic

    Agnostic Active Member Silver Stacker

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    It is good business really.

    Publicity when they make the prediction.

    No real consequences when it doesnt come true.

    But, if one day a prediction comes even partially true, then you can take credit for being the genius who defied the experts and cleverly anticipated what would happen.
     
  12. Agnostic

    Agnostic Active Member Silver Stacker

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    August 17, 2017 - discovered this one a bit late.
    I don't have the patience to actually watch the video and see if Maloney does name the date, but the title of the video is "
    Mike Maloney - Why Crash is due August 17, 2017"

     
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  13. Agnostic

    Agnostic Active Member Silver Stacker

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  14. willrocks

    willrocks Well-Known Member Silver Stacker

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    I predict it won't happen overnight, but it will happen.

    Link
     
  15. SilverDJ

    SilverDJ Well-Known Member

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    And take credit for it for the rest of career. In fact it can make your career as many "predictors" of the GFC have cashed in on.
     
  16. willrocks

    willrocks Well-Known Member Silver Stacker

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    Failing that there's always 2019, 2020, 2021, 2022 ... etc.

    Like catching a train in Sydney, you know it's coming, but you never know when.
     
  17. Silverthorn

    Silverthorn Well-Known Member

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    Agnostic likes this.
  18. Agnostic

    Agnostic Active Member Silver Stacker

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    Contestant number five, a Mr J Rickards, has locked in the dates May 14, 2018 to July 14, 2018. Thank you Mr Rickards and good luck to you.
     
  19. hilaire9

    hilaire9 Member

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    Five years after the last member of this forum dies of old age.
     
  20. Silverbandit007

    Silverbandit007 Well-Known Member Silver Stacker

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    Haha, good call :D
     

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