Godlike Productions - Conspiracy Forum
Users Online Now: 2,507 (Who's On?)Visitors Today: 1,354,892
Pageviews Today: 1,825,600Threads Today: 401Posts Today: 7,052
02:17 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!

 
Liquid_Pestilence
Offer Upgrade

User ID: 26997671
United States
07/12/2013 03:07 AM
Report Abusive Post
Report Copyright Violation
Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
I am not a money guy but i think this might interest some people here.



Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.

Unfortunately Buffett isn’t alone....

So why are these billionaires dumping their shares of U.S. companies?

It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.

 Quoting: [link to www.moneynews.com]


read the entire article here: [link to www.moneynews.com]
scary to say the least:
hiding

Last Edited by Liquid_Pestilence on 07/12/2013 03:31 AM
"Fear paints pictures of ghosts and hangs them in the gallery of ignorance." Robert Green Ingersoll
Liquid_Pestilence (OP)

User ID: 26997671
United States
07/12/2013 03:38 AM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy.

“These funds haven’t made it into the markets and the economy yet. But it is a mathematical certainty that once the dam breaks, and this money passes through the reserves and hits the markets, inflation will surge,” said Wiedemer.

“Once you hit 10% inflation, 10-year Treasury bonds lose about half their value. And by 20%, any value is all but gone. Interest rates will increase dramatically at this point, and that will cause real estate values to collapse. And the stock market will collapse as a consequence of these other problems.”

 Quoting: [link to www.moneynews.com]


ohyeah
"Fear paints pictures of ghosts and hangs them in the gallery of ignorance." Robert Green Ingersoll
Anonymous Coward
User ID: 43190682
Japan
07/12/2013 03:44 AM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
The richest person I know (mid-8 figures in US dollars) told me recently he has dumped all investments and is purely in cash and cash only. He doesn't even own any real estate...just lives in apartments and hotel suites, moving around from place to place.

Make of that what you will...
Face Palmer
Rated "P" for pathetic.

User ID: 1149868
Germany
07/12/2013 03:56 AM

Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
Fits in the bigger picture.
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.
Anonymous Coward
User ID: 43246265
United Kingdom
07/12/2013 07:03 AM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
That story is months old you prick fuck all HAPPNED.
Anonymous Coward
User ID: 25957321
United States
07/12/2013 07:05 AM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
Needs to go down 1 percent to start.
Anonymous Coward
User ID: 27095381
United States
07/12/2013 07:18 AM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
Consider the source of this so-called "news". Conservative "news" organization.

Hang onto your wallets on that site

[link to www.ripoffreport.com]
Sikhed
Cat herder

User ID: 39435009
United States
07/12/2013 09:58 AM

Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
There are shills out there.
People who'll rip a consumer off using fear mongering and scare tactics. See it all the time, especially in the "prepper" and economic doom sites.
But that doesn't mean the underlying news isn't true.
Just be wise with your finances and think before you spend.
doom360
Anonymous Coward
User ID: 21004959
United States
07/12/2013 10:09 AM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
The richest person I know (mid-8 figures in US dollars) told me recently he has dumped all investments and is purely in cash and cash only. He doesn't even own any real estate...just lives in apartments and hotel suites, moving around from place to place.

Make of that what you will...
 Quoting: Anonymous Coward 43190682


interesting.....
Anonymous Coward
User ID: 43068049
United States
07/12/2013 10:52 AM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
90% holy crap! 20 to 30% sounds more realistic, if true people and companies will be hurting for cretin!

wtf
Anonymous Coward
User ID: 36661384
United Kingdom
07/12/2013 11:30 AM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
There is the trend that every time market is saturated a correction is enviable.
Take uk housing bubble as an example. Back in 2007 I warned all my family and friends of the upcoming crash. Some took note of my reasoning and cashed in. Others are now stuck with undervalued property and negative mortgages.
How did I know? I am not an expert. I simply took note of circumstances. By 2007/8 it was becoming impossible for first time buyers, even both working couples to be able to afford a one bedroom apartment, let alone buying a house. It was clear to me that this rising prices was reaching its saturation point and it would not be long before the whole thing crashed. I was exactly correct.
Today the situation is the same but property is not the bubble to focus on.
So what is the factor? Its the amount of debt that is the focus. Almost all europe and america are printing digital money to keep the economy afloat. This is why we see a rise in stock value. Its not real.
Within one year the debt saturation would have reached its saturation point and no amount of money printing can save the day.
The collapse will not be because of stock market crashing. Stock market will go in to free fall as a result of debt saturation.
So stock market index is not an indicator of colapse. There will be a saturation first , then a delay of two or three month and then the correction of market. Not other way round.

Those who are pulling out now must feel that debt is reaching its saturation point and think the stock market correction will happen within acouple of month.
Personally, I feel that there is room for another six month or so before we see uneasy feeling within inverstors. So I think saturation point won't happen for at least another 4 month. Then a delay, then collapse. This time though, unlike housing bubble there won't be anything to lean on such as bailouts and printing money.
Simply because above printing money there is nothing else to lean on.

A word of warning to those who are leaving the market early. Holding on to cash will also not be beneficial since all money will become valueless. The investment should be in factories that will produce essential goods or food. These factories must be independent with plenty of raw materials in reserve and must not be linked to any other commodity. As such when collapse happens, there will be no debt that would backtrack in to the company and force it in to closure.
This advice sits well for families too. Prepare yourself for the next 12 month.
Clear credit cards.
Try to have as little debt as possible
Many will have mortgages that can not be paid but there is nothing to stop you from having 6 month of mortgage payment hidden in the attic in cash.
Authorities will be looking for any excuse to hit you as hard as they can. Even a simple phone bill in arrears will ensure you lose everything. So cut down your debts.
And it goes without saying that you should always have a few month of dry or canned food stored.
Some may not realise this, but just $250 worth of dry and canned food will keep you for six month.
Anonymous Coward
User ID: 43252705
United States
07/12/2013 11:56 AM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
Homeland security has put preppers and people who store food on their terrorist watch list......
Anonymous Coward
User ID: 36661384
United Kingdom
07/12/2013 12:01 PM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
If true, this proves the points
They know collapse is coming
They don't want anyone to be prepared
They want every single person dependent to the point of accepting the next agenda
Dependent people do not resist
Anonymous Coward
User ID: 43252848
United States
07/12/2013 12:12 PM
Report Abusive Post
Report Copyright Violation
Re: Billionaires Dumping Stocks, research points toward a massive 90% market correction!!!
I am not a money guy but i think this might interest some people here.



Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.

Unfortunately Buffett isn’t alone....

So why are these billionaires dumping their shares of U.S. companies?

It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.

 Quoting: [link to www.moneynews.com]


read the entire article here: [link to www.moneynews.com]
scary to say the least:
hiding
 Quoting: Liquid_Pestilence


money news has been spreading that same shit article for literally 2 years now.

News








We're dropping truth bombs like it's the end of days!