***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!

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.

I like to call them shotgun psychics.

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.

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!

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!

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!




link

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!

actually ... those are realistic expectations



sad to say

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!

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!



+1 GO JIMMY WISH HE HAD THE BLOG UP AGAIN