Thread: Stock Market Crash /Collapse Say Faber, Rogers, Celente

CAUTION: Stock Market Crash /Collapse Dead Ahead Say Faber, Rogers, Dent and Celente

Stock-Markets / Financial Crash
Oct 02, 2009 - 09:33 AM
By: Mac_Slavo

After a massive upswing in US stocks over the last six months, the recent rally may finally be coming to an end. It seems that the trend of rising stocks on bad or better than expected news may be in a reversal, as evidenced by market participants’ caution over the last couple of weeks. For those that follow contrarian investors like Marc Faber, Jim Rogers, Gerald Celente and Harry Dent, this should come as no surprise.

Marc Faber, publisher of the Gloom Boom & Doom Report, advised his subscribers and followers to take positions in US tech stocks, the banking sector and hard assets at the bottom of the markets in early March of 2006. However, he did provide a word of caution on March 16, 2009, making it known that while he was a short-term bull on stocks, that eventually, the economic fundamentals would catch up:

“probably a total collapse in the second half of the year when it becomes clear that the economy is a total disaster.â€

I think most people understand we are loosing the country due to the financiers and banksters, and one-worlders. It will dip, rise again, but the big crash will probably come in 2010..

We ain't in Kansas anymore. Most of talk radio covers this issue pretty good.