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***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!

 
UNREAL!
User ID: 774031
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02/24/2010 07:07 PM
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***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
A friend of mine that goes by the name of jimmydoomsday who had a blog and made unbelieveable predictions from 2005 to 2009 just email me his 2010 and 11 prediction:

With no war or major terrorist attack, these are my predictions:

Next few weeks, sovereign debt crisis takes over Europe

Big money flows into US treasuries, pushing yields to all time lows – fake safe haven

End of spring 2010, housing will start a substantial decline similar to the 07/08 decline as government purchases of mortgage back securities end (totaling $1.4 trillion) (March) along with tax credit (April), and banks holding phantom inventory start to unload onto the market

DOW to fall below 7,000 by Q3 2010,

Dollar will rise above 95 on the dollar index

Gold will fall below $800 by Q3 2010

Silver will fall below $10 by Q3 2010

CA debt implosion will start to develop by summer and hit crisis mode by Q4 2010

Dollar index will plunge below 60 in Q4 2010

Commercial real estate will hit crisis mode by Q4 2010

Over 35 states will be bailed out in Q4 2010 by the US tax payer

End of Q4 2010 gold will hit $1,600 and silver jump to $35 an oz

Q1 2011 long term treasury bonds will implode

Q1 2011 US credit rating stripped of triple A status

Q1 2011 oil surges pass $150 a barrel

Q4 2011 dollar index will bottom at 25

Q4 2011 gold will reach $10,000 an oz and silver will hit $500 an oz

DOW will reach 18,000 by Q4 2011 as money flows out of bonds and into stocks

Products that normally require loans for purchases will decline substantially (cars, homes, etc…) while things like food, clothes, etc… will rise substantially

Jimmydoomsday, from the cave!
Art Deco

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02/24/2010 07:08 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
So, he's saying pretty much what almost everyone else is saying...

Thanks for the exclusive
In ten years we'll look back on this moment, laugh nervously, and quickly change the subject.
Anonymous Coward
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02/24/2010 07:09 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
bump
AC not DC
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02/24/2010 07:11 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
actually ... those are realistic expectations



sad to say
Anonymous Coward (OP)
User ID: 774031
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02/24/2010 07:13 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
bump
Anonymous Coward (OP)
User ID: 774031
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02/24/2010 07:27 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
bump
Anonymous Coward
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02/24/2010 08:17 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
bump
 Quoting: Anonymous Coward 774031



I hope he is right with gold coming down to the 800.00 level
<FOCUS>
User ID: 744011
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02/24/2010 08:20 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
OP, is his Blog back online?
Anonymous Coward
User ID: 894707
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02/24/2010 08:25 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
A friend of mine that goes by the name of jimmydoomsday who had a blog and made unbelieveable predictions from 2005 to 2009 just email me his 2010 and 11 prediction:

With no war or major terrorist attack, these are my predictions:

Next few weeks, sovereign debt crisis takes over Europe

Big money flows into US treasuries, pushing yields to all time lows – fake safe haven

End of spring 2010, housing will start a substantial decline similar to the 07/08 decline as government purchases of mortgage back securities end (totaling $1.4 trillion) (March) along with tax credit (April), and banks holding phantom inventory start to unload onto the market

DOW to fall below 7,000 by Q3 2010,

Dollar will rise above 95 on the dollar index

Gold will fall below $800 by Q3 2010

Silver will fall below $10 by Q3 2010

CA debt implosion will start to develop by summer and hit crisis mode by Q4 2010

Dollar index will plunge below 60 in Q4 2010

Commercial real estate will hit crisis mode by Q4 2010

Avian, please allow me........ TICK TOCK TICK TOCK
Over 35 states will be bailed out in Q4 2010 by the US tax payer

End of Q4 2010 gold will hit $1,600 and silver jump to $35 an oz

Q1 2011 long term treasury bonds will implode

Q1 2011 US credit rating stripped of triple A status

Q1 2011 oil surges pass $150 a barrel

Q4 2011 dollar index will bottom at 25

Q4 2011 gold will reach $10,000 an oz and silver will hit $500 an oz

DOW will reach 18,000 by Q4 2011 as money flows out of bonds and into stocks

Products that normally require loans for purchases will decline substantially (cars, homes, etc…) while things like food, clothes, etc… will rise substantially

Jimmydoomsday, from the cave!
 Quoting: UNREAL! 774031
Anonymous Coward
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United States
02/24/2010 08:28 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
Major comet impact July 2010

Major worldwide destructive solar flare Oct. 2011
Anonymous Coward
User ID: 845498
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02/24/2010 08:32 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
he also closed his blog down in August and said "this is it folks; and so it begins"; the the blog came back online but you had to register to read it. not saying he is wrong; but no prophet.
American Jedi
User ID: 781270
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02/24/2010 08:37 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
While these predictions are within reason, Jimmy Doom also said the dollar would collapse in Fall of '09. So, I think he's like all the other econ soothsayers. He shoots a wider spread at good range and hits at least one tin can.

I like to call them shotgun psychics.
Anonymous Coward
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02/24/2010 08:44 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
While these predictions are within reason, Jimmy Doom also said the dollar would collapse in Fall of '09. So, I think he's like all the other econ soothsayers. He shoots a wider spread at good range and hits at least one tin can.

I like to call them shotgun psychics.
 Quoting: American Jedi 781270

Yup...I followed that idiot for a couple of months and then out of nowhere he closed his blog down
Ready4RevolutionUS
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02/24/2010 08:54 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
those are realistic
bump
Al
User ID: 826017
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02/24/2010 08:58 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
what about oil Q4 2011?
Art Deco

User ID: 473495
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02/24/2010 09:05 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
I like to call them shotgun psychics.
 Quoting: American Jedi 781270


What a great term!

With luck, your excellent word combination might work it's way into the lexicon of GLP.
In ten years we'll look back on this moment, laugh nervously, and quickly change the subject.
besensible
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02/24/2010 09:05 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
nothing has happened because the market has been manipulated for over a year. Same w/Reinhardts predictions.
smoelike
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02/24/2010 09:13 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
NOt relevant unless NFL superbowl prediction is included.
Anonymous Coward (OP)
User ID: 774031
United States
02/25/2010 01:46 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
he also closed his blog down in August and said "this is it folks; and so it begins"; the the blog came back online but you had to register to read it. not saying he is wrong; but no prophet.
 Quoting: Anonymous Coward 845498


If you read his blog, bump his dollar crash predictions were made back in 07 -- he didn't expect the bailout upside to last this long! he also talk about the sovereign debt crisis several years back!
Anonymous Coward
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02/25/2010 01:49 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
So, scariest environment imaginable. That's all you had to say, "scariest environment imaginable."

~ Owen Wilson, Armageddon
Anonymous Coward (OP)
User ID: 774031
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02/26/2010 01:09 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
Jimmy made slight revisions:

Next few weeks, sovereign debt crisis takes over Europe

Big money flows into US treasuries, pushing yields to all time lows

End of spring 2010, housing will start a substantial downturn similar to the 07/08 decline as government purchases of mortgage back securities end (totaling $1.4 trillion) (March) along with the tax credit (April), and banks holding phantom inventory unload onto the market

DOW will fall below 7,000 before mid summer 2010,

Dollar will rise above 95 on the dollar index before mid summer 2010

Gold will bottom out below $800 before mid summer 2010

Silver will bottom out below $10 before mid summer 2010

CA debt implosion will start its major downturn by mid summer and hit crisis mode before Q4 2010

Dollar index will plunge below 65 between Q3 and Q4 2010

Commercial real estate will hit crisis mode in Q4 2010

Over 35 states will be bailed out by end of Q4 2010 by the US tax payer

End of Q4 2010 gold will hit $1,600 and silver jump to $35 an oz

Q1 2011 US credit rating stripped of triple A status

Q1 2011 long term treasury bonds will implode

Q1 2011 oil will surge pass $150 a barrel

Q4 2011 dollar index will bottom at 25

Q4 2011 gold will reach ~$10,000 an oz and silver will hit ~$500 an oz

DOW will reach ~18,000 by Q4 2011 as money flows out of bonds and partially into stocks

Products that normally require loans for purchases will decline substantially (cars, homes, etc…) while things like food, clothes, etc… will rise substantially
bump
Anonymous Coward
User ID: 901556
United States
02/26/2010 09:20 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
THIS GUY KNOWS HIS STUFF!!!

I'VE BEEN ON HIS BLOG FROM THE BEGINING AND HE HAS HAD MANY ECONOMIC PREDICTIONS COME TRUE!

THIS SHOULD BE PINNED!

bump
Anonymous Coward
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Mexico
02/26/2010 09:28 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
THIS GUY KNOWS HIS STUFF!!!

I'VE BEEN ON HIS BLOG FROM THE BEGINING AND HE HAS HAD MANY ECONOMIC PREDICTIONS COME TRUE!

THIS SHOULD BE PINNED!

bump
 Quoting: Anonymous Coward 901556


link
Anonymous Coward
User ID: 901583
United States
02/26/2010 10:19 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
A friend of mine that goes by the name of jimmydoomsday who had a blog and made unbelieveable predictions from 2005 to 2009 just email me his 2010 and 11 prediction:

With no war or major terrorist attack, these are my predictions:


Jimmydoomsday, from the cave!
 Quoting: UNREAL! 774031


Great post OP.. studious facts.... but "with no war or major terrorist attack..."? He says he is in a cave?
Um......
hiding
Anonymous Coward
User ID: 901556
United States
02/26/2010 10:29 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
THIS GUY KNOWS HIS STUFF!!!

I'VE BEEN ON HIS BLOG FROM THE BEGINING AND HE HAS HAD MANY ECONOMIC PREDICTIONS COME TRUE!

THIS SHOULD BE PINNED!

bump


link
 Quoting: Anonymous Coward 811285


It's now closed: www.jimmydoomsday.blogspot.com
From Bob
User ID: 902053
United Kingdom
02/27/2010 10:34 AM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
A friend of mine that goes by the name of jimmydoomsday who had a blog and made unbelieveable predictions from 2005 to 2009 just email me his 2010 and 11 prediction:

With no war or major terrorist attack, these are my predictions:

Next few weeks, sovereign debt crisis takes over Europe

Big money flows into US treasuries, pushing yields to all time lows – fake safe haven

End of spring 2010, housing will start a substantial decline similar to the 07/08 decline as government purchases of mortgage back securities end (totaling $1.4 trillion) (March) along with tax credit (April), and banks holding phantom inventory start to unload onto the market

DOW to fall below 7,000 by Q3 2010,

Dollar will rise above 95 on the dollar index

Gold will fall below $800 by Q3 2010

Silver will fall below $10 by Q3 2010

CA debt implosion will start to develop by summer and hit crisis mode by Q4 2010

Dollar index will plunge below 60 in Q4 2010

Commercial real estate will hit crisis mode by Q4 2010

Over 35 states will be bailed out in Q4 2010 by the US tax payer

End of Q4 2010 gold will hit $1,600 and silver jump to $35 an oz

Q1 2011 long term treasury bonds will implode

Q1 2011 US credit rating stripped of triple A status

Q1 2011 oil surges pass $150 a barrel

Q4 2011 dollar index will bottom at 25

Q4 2011 gold will reach $10,000 an oz and silver will hit $500 an oz

DOW will reach 18,000 by Q4 2011 as money flows out of bonds and into stocks

Products that normally require loans for purchases will decline substantially (cars, homes, etc…) while things like food, clothes, etc… will rise substantially

Jimmydoomsday, from the cave!
 Quoting: UNREAL! 774031


We may have a sovereign debt crisis in Europe over the next month, but it will not explode until at least October or early next year. Big money flows are not going into US Treasuries, that is the Fed as a buyer. Housing will continue to decline for another 3 years. The Dow could easily revisit 6,500 to 6,600 before the year is out. I think the dollar rally is over. Gold below $800 is idiotic as is silver below $10.00. California’s debt will implode this year. Commercial real estate will be a disaster. 40 states will have to be bailed out. We could see $1,500 to $1,650 in a month, but certainly by the end of the year. And, we have a big shot at $2,500 to $3,000. I agree on the implosion of Treasuries in 2011. The US should lose its’ Triple A status this year. Unless there is a war in the Middle East, which I think there will be oil will stay between $65.00 and $100 a barrel. In a Mid East war it could go anywhere. The dollar index should bottom between 40 and 50. If we have hyperinflation gold could reach $10,000 an ounce. If not, $7000 an ounce. Silver will hit $100 at $7,000 a gold ounce. How can you have an $18,000 Dow in the middle of a depression. That is idiotic.
Anonymous Coward
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02/27/2010 10:46 AM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
actually ... those are realistic expectations



sad to say
 Quoting: AC not DC 680552


headbang
Anonymous Coward
User ID: 742149
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02/27/2010 10:51 AM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
THIS GUY KNOWS HIS STUFF!!!

I'VE BEEN ON HIS BLOG FROM THE BEGINING AND HE HAS HAD MANY ECONOMIC PREDICTIONS COME TRUE!

THIS SHOULD BE PINNED!

bump
 Quoting: Anonymous Coward 901556

+1 GO JIMMY WISH HE HAD THE BLOG UP AGAIN
Anonymous Coward
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02/28/2010 11:00 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
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Anonymous Coward
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United States
03/01/2010 12:28 AM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
THIS GUY KNOWS HIS STUFF!!!

I'VE BEEN ON HIS BLOG FROM THE BEGINING AND HE HAS HAD MANY ECONOMIC PREDICTIONS COME TRUE!

THIS SHOULD BE PINNED!

bump

+1 GO JIMMY WISH HE HAD THE BLOG UP AGAIN
 Quoting: Anonymous Coward 742149



yep
Anonymous Coward
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03/08/2010 11:23 PM
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Re: ***RED ALERT*** Jimmydoomsday gave me his 2010 & 2011 financial PREDICTIONS!!!
[link to www.godlikeproductions.com]


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