Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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That depends on your horizon, I suppose.
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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39 Replies
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I agree with much of what you said.
AFAIK, Peter has been pro-gold since 2002 maybe earlier. Maybe he just got lucky, but if you took his advice you'd be up 420% on your gold holdings vs 200% on...
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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His recent track record suggests it, and it's possible he wasn't analytical about the 2008 crash but just a stopped clock that finally gave the correct time.
Non-economist Schiff says he believes...
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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So Schiff doesn't base his recommendations on evidence? You're claiming his just makes it up? Not saying he does or doesn't, just making you qualify your statement.
Lost me here. What's an...
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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Just going to keep updating it for about the next 10 months? ;)
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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But some pundits are far more serious and base their recommendations more on evidence and sound reasoning than people like Schiff do, and they don't recommend highly "unconventional" investments. ...
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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Same can be said for about 1000 "economists" that have had "hits" or not. Track the records of any of them, you won't see any of them hit over .400. After all, they're selling ideas, books, etc that...
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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The author of that book, non-economist Peter Schiff, does not have a good record and may have been just a one-hit wonder.
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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Great read The Real Crash;
http://www.amazon.com/The-Real-Crash-Americas-Bankruptcy---How/dp/1250004470/ref=sr_1_1?ie=UTF8&qid=1372200212&sr=8-1&keywords=peter+schiff
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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UPDATE: July 3rd ETA
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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Exactly - if the move of the stock market in any single year or even five is a problem for you, then you shouldn't be investing there. You should be saving more until you get to the point that you...
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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Crashes will occur from time to time. Some may be so significant that it will take years to recover from. Others will be shorter in duration. The bigger question is whether the wheels come off on...
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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ya shoulda made that more clear 18 is breakeven the call is for 15 that's why it was so expensive since it was in the money call.
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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He doesn't even need to wait for the stock to go above 18 either...he could sell the calls and pocket the difference in premium.
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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Bought calls and im serious. Why would you buy puts its not going down
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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Are you trolling or are you insane?
edit - unless you bought puts
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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risked 25k on ford options so we will see if it goes higher than 18 by January 2015.
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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Calling a crash is like crying wolf. The current standing of the market is based on the society's perception of companies as a whole to make and retain currency.
Currently, society is...
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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The thread lost its credibility when you put $ sign on the index? what? Another 50% crash like 2008, highly doubt it. Every country in the world are going for soft long term recession though
Is the market bound to crash?
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Thread created 05-20-2013 by Squilly
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yes, it will crash. ETA: June 29th, 2013
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