Don't miss the bus....I mean.....bust

[rookieNYC]

Mike,
  First off that website and link you posted is NOT FOR an end of the world scenario nor is it for any more than a 3 day disaster,nothing more than a hurricane preparation kit..I find it hard to comprehend where you correlate the Gerald Celente article you posted and the link you posted stating that the Federal Government is telling Americans to prepare for a likely impending disaster..You have clearly backtracked on your earlier postings...The link you provided states have nothing more than 2-3 days worth of food and water on hand just in case of a disaster..This is a far cry from the Gerald Celente article you posted and backed up vehemently..

My main argument is that you typically call for doom and gloom..You said that the stock market was going to 1000 on the way down..Now you are convinced the country may go bankrupt..Answer me one question..At what point did you change over to socialism from capitalism??..You say that we have an impending doom and gloom financial implosion coming in the USA but you arent willing to bet one single worthless American dollar on it?...I'm not the smartest guy in the world but I know when I have a strong feeling on a certain scenario playing out I will try to capitalize on it..I am a capitalist not a socialist..As I thought you were also..Be careful how you answer because you are clearly not a capitalist..And please have someone fix all the bugs on this website

[justin0419]

Hoosier,
Are you doing year round school?  Just curious because I used to make $600 a month cutting grass as an 11 yr old (and that's been a few years ago).

[propertymanager]

First off that website and link you posted is NOT FOR an end of the world scenario

Let me try once again - THERE IS NO END OF THE WORLD SCENARIO!  YOU are the only one saying anything about an end to the world.

The link you provided states have nothing more than 2-3 days worth of food and water on hand just in case of a disaster..This is a far cry from the Gerald Celente article you posted and backed up vehemently..

The website CLEARLY says that you need to be prepared for AT LEAST 3 days, possibly a week or more.  The article goes on to say that major services may be cut off for a week or longer.  Do you really think 3 days is going to be enough if there is a major collapse or a major emergency with civil unrest?  Good luck with that - especially if you live in a city!!!   It wasn't even enough in Katrina, which is a much smaller event than a total collapse of the country or a nuke going off in NYC.  You don't really think the government is going to risk a panic by telling people that they might need several weeks or months of food and supplies - do you?  I firmly believe that this country is hanging on by a thread.  ANY event could trigger a collapse, including runaway inflation; a terrorist nuke going off in NYC or Washington; a serious flu pandemic (if the current strain mutates and becomes more dangerous); a significant war involving Israel; etc.

My main argument is that you typically call for doom and gloom..You said that the stock market was going to 1000 on the way down..Now you are convinced the country may go bankrupt..

I still do think that we'll see 1,000 on the DOW and that the country WILL go bankrupt!

At what point did you change over to socialism from capitalism??..You say that we have an impending doom and gloom financial implosion coming in the USA but you arent willing to bet one single worthless American dollar on it?...I'm not the smartest guy in the world but I know when I have a strong feeling on a certain scenario playing out I will try to capitalize on it..I am a capitalist not a socialist..As I thought you were also..

That's just about the dumbest thing you've ever posted.  I have MILLIONS of dollars of real estate at stake and I am putting my money where my mouth is.  Real estate is the safest place that I know of to have my money during a collapse (if anyplace is safe).  I have also moved my stock money to CASH, which is another way that I have expressed confidence that the economy is going to collapse.  I will honestly tell you that I am not confident enough in the timing to put my money on a short position.  As I said earlier, I think a drastically devalued dollar or more funny money (stimulus) printed by the government could cause the market to rise in the short term (or it may just collapse outright).

[rookieNYC]

Mike,
  No need to name call...I respect you more than that so please dont go there...Now lets get back to this pissing match..You say that Real Estate is the best place to have cash during a crisis ..aka example you gave...A nuke in NYC...LOL....I'm not sure how much experience you have during crisis times but GOLD is the best place to have your money...Not real estate...Also you say you have *millions* in real estate in Ohio?....What do you own the entire junkyard state?..Gimme a break...You have millions in real estate but you only have to work 12-16 hours a week to run it...Ok ..sell me another bridge..Mike I went to the very first post you wrote after posting that ridiculous link to that baffoon Celente where you state that you AGREE with him and his scenario/prediction..His prediction was food riots, and real doomsday scenarios...You say you dont think end of the world scenarios will happen but you are preparing for a nuke to go off in downtown NYC...Which one is it?..And for the second time Im asking nicely please have someone fix the bugs on this website...tyvm

[allagash]

I'm not sure how much experience you have during crisis times but GOLD is the best place to have your money

Good point Rookie...

Chart 120:

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3585763&cmd=show

-Mike

[propertymanager]

Also you say you have *millions* in real estate in Ohio?....What do you own the entire junkyard state?

Ohio is doing just fine, thank you very much.  We didn't experience the huge boom during the bubble and we haven't experienced the big bust.  The economy is slow (as it is everywhere), but the rental market is going well.

Gimme a break...You have millions in real estate but you only have to work 12-16 hours a week to run it...Ok ..sell me another bridge..

That just shows that you know absolutely nothing about managing and maintaining rentals.  FYI, for months, I posted what I did each day on my blog along with how long it took to do it.  You can go read it for yourself.

You say you dont think end of the world scenarios will happen but you are preparing for a nuke to go off in downtown NYC...Which one is it?

A nuke going off in NYC is NOT the end of the world.  The world can go on without NYC, but I believe it would be enough to cause a collapse of our economy.