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Business/Finance
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Title: JIM ROGERS: The worst crash in our lifetime is coming
Source: [None]
URL Source: http://www.msn.com/en-us/money/mark ... 6BS?li=BBmkt5R&ocid=spartanntp
Published: Jun 10, 2017
Author: Jacqui Frank
Post Date: 2017-06-10 10:16:41 by BTP Holdings
Keywords: None
Views: 684
Comments: 5

JIM ROGERS: The worst crash in our lifetime is coming

Business Insider

Jacqui Frank

7 hrs ago

© TheStreet  

Legendary investor Jim Rogers sat down with Business Insider CEO Henry Blodget on this week's episode of The Bottom Line. Rogers predicts a market crash in the next few years. One that he says will rival anything he has seen in his lifetime. Following is a transcript of the video.

Click for Full Text!

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#1. To: BTP Holdings (#0)

will rival anything he has seen in his lifetime

Yes, but note the stock market climb/level rivals anything seen in a lifetime.

Tatarewicz  posted on  2017-06-10   23:14:14 ET  Reply   Trace   Private Reply  


#2. To: Tatarewicz (#1)

stock market climb

What goes up, must come down. It is a simple law of physics. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2017-06-11   7:58:16 ET  Reply   Trace   Private Reply  


#3. To: BTP Holdings (#2) (Edited)

What goes up, must come down.

Only so as long as "climbing" object remains within a gravitational field.

As for the stock market, manipulation and corporate incompetence preclude it from forever rising. There are some companies managed so successfully that their profits and dividends rise annually. If all companies making up the market index did the same and there was no manipulation then stock market would be rising forever.

Tatarewicz  posted on  2017-06-12   0:03:25 ET  Reply   Trace   Private Reply  


#4. To: BTP Holdings (#2)

What goes up, must come down. It is a simple law of physics.

There is no such law of physics. You may have heard that in some social science class but not by any physics professor. In certain conditions that would happen. However, shoot a laser beam up and it keeps going since light greatly exceeds escape velocity.

Even stock prices may never come back down. The value of the stock probably will come back down, but the price keeps going up because the value of dollar keeps dropping and will continue dropping because there is no limit to counterfeiting by the government.

DWornock  posted on  2017-06-14   9:04:38 ET  Reply   Trace   Private Reply  


#5. To: DWornock (#4)

However, shoot a laser beam up and it keeps going since light greatly exceeds escape velocity.

Obviously, I was not talking about laser beams.

Throw a baseball and what does it do? It comes down depending on how much force was behind the throw. Gravity is what I am talking about.

And besides, what happened in the Crash of 1929? The losses were so bad that brokers were jumping out of windows on Wall Street.

If it happened before, it can, and will, happen again.

en.wikipedia.org/wiki/Kondr atiev_wave

In economics, Kondratiev waves (also called supercycles, great surges, long waves, K-waves or the long economic cycle) are proposed cycle-like phenomena in the modern world economy.[1]

It is stated that the period of a wave ranges from forty to sixty years, the cycles consist of alternating intervals between high sectoral growth and intervals of relatively slow growth.[2]

Click on the link to read more. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2017-06-14   18:42:00 ET  Reply   Trace   Private Reply  


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