Danke
Top Rated Influencer
- Joined
- Nov 6, 2007
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What if the people who know the future don't post it here because they are trying to be kind?![]()
http://www.zerohedge.com/news/2013-12-21/hidden-motives-behind-federal-reserve-taper
What if the people who know the future don't post it here because they are trying to be kind?![]()
1. martial law - yeah boston, frkn freaky +1SHTF... martial law in at least one citiy. at least one european country goes belly up..unemployement jumps, real unemployement... no inflation reported, gold breaks $2k, real estate goes up, stocks flat, gallon of gas hits $5 in certain areas.
Interestingly, all of my 2013 predictions turned out perfect, and yet my predictions conclude that we are on the verge of an impending total calamity, unlike yours which seem to predict unicorns farting rainbows whenever you put fingers to keyboard.![]()
I boldly predict that the more the MSM tells voters they've forgotten all about how thoroughly the Democrats screwed us by shoving Obamacare down our throats, the more the voters will remember how badly the Democrats screwed us by shoving Obamacare down our throats.
Last year, I asked RPF to make predictions about the year ahead. Being a fair and reasonable person, I made my own. Now it's time to come clean and see how what we thought would happen measures with what actually happened. I'll kick this off with my own predictions.
Here is my original post, with comments underneath each prediction. Come on Jordan , what do you have for 2014 ? I am sitting on $46 FRN's , I cannot decide if I should invest it , or just buy a bunch of ice cream![]()
2014 Predictions:
The republicans will NOT take the Senate, but they will keep the house. They will make small gains in each, IMO
Obamacare is not going anywhere. It will become a giant cash (and soul) sucking machine that sucks inperpetuity (until economy fails)
Quantitative Easing will continue well beyond 2014 and may increase. These 'token' cuts in the printing presses are all window dressing.
Markets will continue to rise as long as the FED is printing
Inflation will be "target" since the printed money never makes it into circulation
Whatever you say, gwax23. You down for some predictions for 2014?
WAGing it but, the frog in the pot keeps inching up. A small series of expansions and contractions continues to leave the picture cloudy, some low grade inflationary pressure, some increase in unemployment YoY, people will still be saying 'were just fine' while consumers are feeling harder and harder pinched. Stock market still boosting on QE3 will continue higher, inflating the bubble. Government regulations will force people to spend money they otherwise wouldn't, improving construction and auto sectors via distortion, and we will basically be sitting in the same place we are now, just under a lot more pressure one year from today.
So, these predictions are deliciously and refreshingly specific. I love it! If this stuff does not happen, at what point will you admit you were wrong? Should we say June 2015? Is that fair enough?2014 predictions
Mostly more of the same but double intensity, except that the dollar crisis still looks to hit sometime around December 2014, give or take 3 months. As we approach the crisis, the distortions will increase exponentially, and we will see people insisting that 'everything is perfect' even as the world is falling apart around them.
Gold and Silver will continue flat until both start climbing around August (ish), reaching about $1600 Au and $32 Ag prior to the dollar crisis, and then doubling in about 2 weeks once the dollar implodes, and continuing to expand at roughly the rate of the dollar collapse.
The DJIA becomes increasingly volatile but continues to climb until QE becomes untenable. When QE is pulled, the volatility will increase by a factor of 10, but a moving average will reveal it juuuust south of flat overall. The markets will not implode until the dollar does.
Unemployment U3 will continue flat while Unemployment U6 slowly declines through March, flat through June, and then starting to climb rapidly through September, and then launching like a Saturn rocket through December.
...
August/September/October roughly will see the beginning of the end of the petrodollar. Hard to say how fast that will go once it starts, but the timing of the dollar implosion is tied to this event and to how quickly it unfolds. Earlier/Faster leads to a Octoberish dollar collapse, Later/Slower leads to a Feb/March 2015 dollar collapse.
So, these predictions are deliciously and refreshingly specific. I love it! If this stuff does not happen, at what point will you admit you were wrong? Should we say June 2015? Is that fair enough?
I predict near the end of 2014, someone will post a thread here listing the predictions made for 2014, and illustrating how they were mostly true. This will be followed by 5 or 6 pages of arguing over the definition of "mostly," with occasional hyperbole scattered about.
You are so sure you are right. It is very, very difficult in such a situation to then find yourself wrong and have to change your whole outlook, even for someone like you who has such an easy time admitting he is wrong.It depends on the situation. If none of this happens by June of 2015, then these predictions will either be completely wrong, or for some reason I cannot yet see extremely delayed from my expectations. I can't possibly know which until we are a bit closer to that date, but regardless it would have to be one or the other.
You are so sure you are right. It is very, very difficult in such a situation to then find yourself wrong and have to change your whole outlook, even for someone like you who has such an easy time admitting he is wrong.
So allow me to predict the 2nd possibility will be the one you settle on: you are totally right and everything will still happen exactly as you predicted, events have just been extremely delayed. Mitigating circumstances have mitigated.
This is the same things TV gurus say when they've been shown to be horribly, horribly wrong. There's always a way to do a re-interpretation. They always, somehow, weren't actually wrong about anything! Ever! (See Peter Schiff for a vivid illustration)
I will be very happy to see my prediction fail.