Mike,
I follow investors and fund managers who made money this year…You keep quoting Bill Gross’s article that over 1 year old…Yet many dont feel that the end is near as you do…And American Thinker isnt much of a spinoff from infowrs but you are getting there…In the Equity markets and real financial world we read the Wall street Journal and IBD,and SeekingAlpha etc…Thats not to say that we arent due for a pullback from this point ,because as Ive said repeatedly we ARE…Just not utter devastation as you predict…I post some articles from people who have made billions this year and predict things will improve…Now with all due respect without hurting your feelings but I listen to people who walk the walk…You dont…Hiding in a fallout shelter with 9mm in one hand and Green Giant in the other is not my idea of an entrepreneurial mind I should believe…
Below Im posting to links to people who have profited from the worlds ending as you put it…Here is an article about a guy named David tepper who made $7 BILLION for his fund and $2.5 BILLION for himself during the darkest of times and predicts things will improve…At the end of the article this written "Mr. Tepper says the worrywarts have it wrong: “If you think the economy will be fine, as we do, then we’re going to do very well.”…But what does he know…
http://online.wsj.com/article/SB126135805328299533.html
http://www.bloomberg.com/apps/news?pid=20601170&sid=a8UeEKIEIsc0
Im also posting articles from a little known investor named Warren Buffett,and if you didnt know he manages far more than Bill Gross and is respected by just a few peers globally as well…Here are some links to his predictions…
http://warrenbuffett.valuestockplus.net/warren-buffett-beats-bill-gross-in-global-poll-as-investor-with-most-wisdom
http://www.cnbc.com/id/28392900
http://finance.yahoo.com/news/Timeless-and-TimeTested-cnbc-4209697051.html?x=0
And these are direct quotes from Buffetts article…But you can challenge these ofcourse…I mean in the end surely I should follow your investing advice over Warren Buffett…
;2. We’ll survive current and future recessions just as we’ve survived past problems. As Buffett told us in August, 2008, (and repeated throughout 2009): "We’ve got a wonderful economy… There’s never been anything like that in the history of the world. We live seven times better than the people did a century ago on average… We’ve had problems all along. If you look at the last century, we had that Great Depression and World War Two, we had the Cold War, we had the atomic bomb, but the country does well."3. Recessions will create opportunities. “I made by far the best buys I’ve ever made in my lifetime in 1974. And that was a time of great pessimism and the oil shock and stagflation and all those sort of things. But stocks were cheap.” Fast-forward to October, 2008, and Buffett’s Why I’m Buying U.S. Stocks Now
No offense but this out of hand…Like I said before you have no business spewing opinions on matters that you so little research on other than gloom and doom sites…
"The Oracle of Omaha retains his pre-eminence as a market visionary, outshining a new wave of financial strategists and the best-known central bankers.
Billionaire investor Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., is regarded as the best assessor of financial markets by a plurality of almost one-fourth of respondents to the quarterly poll of investors, traders and analysts who subscribe to the Bloomberg terminal.
The closest runner-up, Bill Gross, the founder and co- chief investment officer of Pacific Investment Management Co., is chosen by 16 percent. Billionaire investor George Soros gets 10 percent, followed by Nouriel Roubini, the New York University professor who in 2006 predicted the financial crisis, and Marc Faber, publisher of the Gloom, Boom & Doom Report.