Topic: Scientist predicts world stock market collapse in 3 months (Read 8178 times)
Scientists say many people will believe you when you say a scientist has said it.
This guy makes a living off doomsday proclamations. Google his name and you'll see concerned people discussing him in forums years ago about similar predictions that eventually came up empty.
It sounds like this guy more or less always says "the world is coming to an end" and eventually he is right so he claims to be right. I would personally not listen to him and would not call him a "scientist" There are guys that make entire careers out of it, such as (in order of crazy claims): Max Keiser, Alex Jones, David Icke....
In case someone didn't already post this link, there's no such thing as a stock market crash in current form, it would be a collapse of the country basically:
http://www.zerohedge.com/news/2014-08-16/why-fed-cant-and-wont-let-stock-market-crash
http://www.zerohedge.com/news/2014-08-16/why-fed-cant-and-wont-let-stock-market-crash
That chart is not correctly drawn but the top from 2000 and 2008 was already broken a few weeks ago.
As a non-US person I strongly believe that watching the USD go tits up will be bad for the world.
As much as I hate to say it, currently too much of the world depends on dollars.
The world needs time to get out of the USD before we can let the USA blow up their debt based economy.
I think America is a nice holiday country and it would be a sad thing watching it go down the shitter
As much as I hate to say it, currently too much of the world depends on dollars.
The world needs time to get out of the USD before we can let the USA blow up their debt based economy.
I think America is a nice holiday country and it would be a sad thing watching it go down the shitter
Sometimes things have to get worse before they can get better. why and how would countries free themselves from the US dollar if they had more time? they've had plenty of time. The damage has already been done we just have to discover it.
As a non-US person I strongly believe that watching the USD go tits up will be bad for the world.
As much as I hate to say it, currently too much of the world depends on dollars.
The world needs time to get out of the USD before we can let the USA blow up their debt based economy.
I think America is a nice holiday country and it would be a sad thing watching it go down the shitter
As much as I hate to say it, currently too much of the world depends on dollars.
The world needs time to get out of the USD before we can let the USA blow up their debt based economy.
I think America is a nice holiday country and it would be a sad thing watching it go down the shitter
This guy makes a living off doomsday proclamations. Google his name and you'll see concerned people discussing him in forums years ago about similar predictions that eventually came up empty.
It sounds like this guy more or less always says "the world is coming to an end" and eventually he is right so he claims to be right. I would personally not listen to him and would not call him a "scientist" Sounds like a buddy of Mark T Williams
It will be also very important to have an easy way to hedge against the dollar with big amounts of money. That is one point why we need a working etf asap.
You get loans in Dollar or Euro and you buy tangible assets in countries that respect the property rights
In general, I like Chris Martenson's material, but the timing of his predictions are questionable. Btw, the article is old; it's from February 2013: http://www.businessinsider.com/warning-stocks-likely-to-crater-2013-2
The dreaded cripple top. Only to be surpassed by
http://youtu.be/Urhw_kPDkoo
http://youtu.be/Urhw_kPDkoo
IMF Report Warns of Market Shocks and Volatility [CryptoCoinNews]
Quote
Effect on the Bitcoin Price
The effect of market-wide volatility on the Bitcoin price is difficult to predict. Since global market volatility has been low for most of Bitcoin’s price history, we lack a precedent and clear chart examples. Volatility in combination with funds fleeing mutual funds/equities and seeking alternatives such as safe havens or other high-yielding assets, could see investment inflow to Bitcoin – the larger the amounts, the more pronounced the effects on the price chart. Such volatility would have the effect of creating large Bitcoin price advances, followed by rapid and deep corrections due to profit-taking and the triggering of large sell-orders.
IMF Global Financial Stability Report (GFSR)
It will be also very important to have an easy way to hedge against the dollar with big amounts of money. That is one point why we need a working etf asap.
Does anyone really truly know if the Bitcoin price is directly tied with the USD? What happens if the USD collapses completely?
Bitcoin had not lived any USD collapse yet, so noone cant tell you. It did not lived many other things either.
A USD collapse should be great for Bitcoin's price and the FED will not let the market go down or not help the government pay its liabilities, it will print like there is no tomorrow
It only depends on people, if people trust Bitcoin to save their wealth or they trust metals and other assets in the moment of truth. I think 50% metals 50% BTC is the way to go.
Does anyone really truly know if the Bitcoin price is directly tied with the USD? What happens if the USD collapses completely?
Bitcoin had not lived any USD collapse yet, so noone cant tell you. It did not lived many other things either.
A USD collapse should be great for Bitcoin's price and the FED will not let the market go down or not help the government pay its liabilities, it will print like there is no tomorrow
So was he right? Or just like the guy that predicted bitcoin $10 by first half of 2014?
(I don't read about the stock markets since a while)
(I don't read about the stock markets since a while)
Well maybe Jim is not a scientist but he seems to know what he's talking about, in that case a serious collapse on short term is not that far fetched, not to say inevitable. I wonder if my BTC stash can somewhat protect my net worth in case the sh*t hits the rotary impeller....
In this context, how credible is this Jim Rickards guy ? His series "the dead of money" paint a grim picture of global economy on short terms. See https://www.youtube.com/watch?v=KYW5OGWfqJc
Economics is not a science.
It is a religion.
It is a religion.
I thought it was a sport.
Does anyone really truly know if the Bitcoin price is directly tied with the USD? What happens if the USD collapses completely?
Bitcoin had not lived any USD collapse yet, so noone cant tell you. It did not lived many other things either.
Does anyone really truly know if the Bitcoin price is directly tied with the USD? What happens if the USD collapses completely?
Economics is not a science.
It is a religion.
It is a religion.
As soon as this happens the price of Bitcoin will shoot up. Buy now my friends. The world is heading into a very dark era.
The article has an interesting quote though:
Quote
At one point in the interview, Wiedemer even calls out Bernanke, saying that his “money from heaven will be the path to hell.”
argh. So there you can see what these prophets do if they are wrong. They just keep on saying they're right
(I found the same) 
Scientist Predicts 60% Market Collapse
Quote
Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption...
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
I think this gonna be the much needed boost for bitcoin in the comming months.
The US Federal Reserve will not let assets going down without a stupid fight so they will buy assets to raise the prices
The bubble has been collapsing since 2006, they are just pulling something that resembles a controlled collapse in front of our faces. Sit back and enjoy the fireworks.
People believing in economic doomsday scenarios, are always saying that the doomsday is just a couple of months away. They’ve been wrong for many years. Why should I start believing them now, when they’ve already proven numerous times that their “predictions” are worthless, based on nothing but wishful thinking and clever tricks to sell prepper books, precious metals, survivalist supplies and cryptocurrencies?
Anyway, even if something bad were to happen soon:
Banks can collapse and oil can be depleted.
Work will still get done.
People will still have jobs and exchange goods and services.
People are adaptable. They innovate. They find solutions to their problems. They always have, and they always will. Knowhow, technical skills and the power of innovation doesn’t suddenly disappear just because oil is slowly depleting, banks are failing or unemployment numbers are rising.
And Bitcoin won't go to the Moon anyway. It's going down to a more sustainable level than the current one.
The article did not say much about why he thinks this triple top is inevitable, will watch the video later. I am more interested in his argument than whether it will come true.
US market collapse? US&Europe market collapse? In real terms it has already collapsed, in nominal terms it may even increase more
Newsmax link? Uhhhhh...not particularly credible source, there.
Is this reporter just making shit up? S&P chart tops around 1500 in 2000. Tops around 1500 again in 2007. It is currently around 1930, which is significantly higher than that other double top.
Is this reporter just making shit up? S&P chart tops around 1500 in 2000. Tops around 1500 again in 2007. It is currently around 1930, which is significantly higher than that other double top.
Well the third top shouldnt be exactly as the previous two, but in general view, the graph in fact is seeing very similar on the two previous tops. Speaking about time and percentajes.
I concur, Chris is not a scientist but he does make good points in some of his other articles. He must be extremely confident in this analysis, predictions like this generally just prove the stupidity/hubris of the predictor.
This guy makes a living off doomsday proclamations. Google his name and you'll see concerned people discussing him in forums years ago about similar predictions that eventually came up empty.
It sounds like this guy more or less always says "the world is coming to an end" and eventually he is right so he claims to be right. I would personally not listen to him and would not call him a "scientist"
Newsmax link? Uhhhhh...not particularly credible source, there.
Is this reporter just making shit up? S&P chart tops around 1500 in 2000. Tops around 1500 again in 2007. It is currently around 1930, which is significantly higher than that other double top.
Is this reporter just making shit up? S&P chart tops around 1500 in 2000. Tops around 1500 again in 2007. It is currently around 1930, which is significantly higher than that other double top.
so how will this translate in btc price?
Yellen will keep interest rates at 0% (or less!) and will keep pumping the markets
She is doing it at the moment and the real estate market is not even going up anymore and it is still very gloomy
A recession is much needed, the US Dollar has to collapse and a new world will emerge where the hard working, high producing and saving nations like China will finally be truly paid for their efforts
She is doing it at the moment and the real estate market is not even going up anymore and it is still very gloomy
A recession is much needed, the US Dollar has to collapse and a new world will emerge where the hard working, high producing and saving nations like China will finally be truly paid for their efforts
so chinas blatant currency manipulation, massive housing bubble and artificial central bank run growth is going to work better for them than america? doubt it, if we collapse they're not going to do well either.
This guy makes a living off doomsday proclamations. Google his name and you'll see concerned people discussing him in forums years ago about similar predictions that eventually came up empty.
Not a follower of pattern and technical analysis. The scientists are making fool of himself and it won't take long for readers to realize.
I was not convinced at first, but he called it a dreaded pattern so he must be right.
I hope so, more cheap stocks for me to buy up. nom nom nom!
LOL. Not gonna lie, this was very well played.
What say you, bitcoiners?
There's no way it will collapse in 3 months.
The S&P is still trading above its 200 and 300 day moving average.
In 2007 it took about 10 months from the test of those levels to the crash to really get started.
The S&P is still trading above its 200 and 300 day moving average.
In 2007 it took about 10 months from the test of those levels to the crash to really get started.
Did this same scientist predict the last two crashes, and their exact crash dates?
I hope so, more cheap stocks for me to buy up. nom nom nom!
I really don't think they can say with any amount of certainty that the stock market will collapse. This is basically the same as predicting the future.
Yeah, I think it's even an interesting thing to say that scientists predict that it's going to collapse. Saying that something has been proved scientifically usually is a away to make it seem irrefutable to other people. But it still may be bogus. Just claiming that doesn't do anything!
I really don't think they can say with any amount of certainty that the stock market will collapse. This is basically the same as predicting the future.
Scientist Predicts 60% Market Collapse
Quote
Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption...
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
I think this gonna be the much needed boost for bitcoin in the comming months.
Hmmm I'm not against a lot of institutional money or money from big private investors coming into Bitcoin, but I personally doubt that this big crash is going to happen! What does this triple triangle basically mean? Is there a resistance too big at that mark?
All the alts seem to catch a cold when bitcoin nosedives, so maybe bitcoin will catch a cold when all types of fiat nosedive because of a big stock market crash.
On the face of it it sounds good for BTC. But I wonder if there is some other factors in play which might make this worse for us too.
The bitcoin market has actually gone down on days that the U.S. stock market has slumped, not up.
Just sayin'...
Just sayin'...
Bitcoin didn't existed during previous major crashes of 2002 and 2008. Some people here believe that, 2008 's financial meltdown, inspired Satoshi to create decentralized bitcoin. So bitcoin should be crash proof, and that would attract huge investments from the new players, if such slump happens.
Yellen will keep interest rates at 0% (or less!) and will keep pumping the markets
She is doing it at the moment and the real estate market is not even going up anymore and it is still very gloomy
A recession is much needed, the US Dollar has to collapse and a new world will emerge where the hard working, high producing and saving nations like China will finally be truly paid for their efforts
She is doing it at the moment and the real estate market is not even going up anymore and it is still very gloomy
A recession is much needed, the US Dollar has to collapse and a new world will emerge where the hard working, high producing and saving nations like China will finally be truly paid for their efforts
The bitcoin market has actually gone down on days that the U.S. stock market has slumped, not up.
Just sayin'...
Just sayin'...
Scientist Predicts 60% Market Collapse
Quote
Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption...
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
I think this gonna be the much needed boost for bitcoin in the comming months.
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