- Bob Chapman
- First 6 months of 2010, Americans will continue to live
in the 'unreality'the period between July and October is when the financial
fireworks will begin. The Fed will act unilaterally for its own survival
irrespective of any political implications (source is from insider
at FED meetings). In the last quarter of the year we could even see Martial
law, which is more likely for the first 6 months of 2011. The FDIC will
collapse in September 2010. Commercial real estate is set to
implode in 2010. Wall Streetbelieves there is a 100% chance of crash
in bond market, especially municipals sometime during 2010. The dollar
will be devalued by the end of 2010.
- Gerald Celente
- Terrorist attacks and the "Crash of 2010".
40% devaluation at first = the greatest depression, worse than the Great
- George Ure
- Markets up until mid-to-late-summer. Then "all hell
breaks lose" from then on through the rest of the year.
- Igor Panarin
- In the summer of 1998, based on classified data about
the state of the U.S. economy and society supplied to him by fellow FAPSI
analysts, Panarin forecast the probable disintegration of the USA into
six parts in 2010 (at the end of June start of July 2010, as he specified
on 10 December 2000
- Have projected that the third and final stage of the
economic collapse will begin sometime in 2010. Barring some kind of financial
miracle, or the complete dissolution of the Federal Reserve, a snowballing
implosion should become visible by the end of this year. The behavior of
the Fed, along with that of the IMF seems to suggest that they are preparing
for a focused collapse, peaking within weeks or months instead of years,
and the most certain fall of the dollar.
- July and onward things get very strange. Revolution.
Dollar dead by November 2010.
- George Ure
- Markets up until mid-to-late-summer. Then "all hell
breaks lose" from then on through the rest of the year.
- LEAP 20/20
- 2010 Outlook from a group of 25 European Economists with
a 90% accuracy rating- We anticipate a sudden intensification of the crisis
in the second half of 2010, caused by a double effect of a catching up
of events which were temporarily &laqno; frozen » in the second half
of 2009 and the impossibility of maintaining the palliative remedies of
past years. There is a perfect (economic) storm coming within the global
financial markets and inevitable pressure on interest rates in
the U.S. The injection of zero-cost money into the Western banking system
has failed to restart the economy. Despite zero-cost money, the system
has stalled. It is slowly rolling over into the next big down wave, which
in Elliott Wave terminology will be Super Cycle Wave Three, or in common
language, "THE BIG ONE, WHERE WE ALL GO OVER THE FALLS TOGETHER."
- Joseph Meyer
- Forecasts on the economy. He sees the real estate
market continuing to decline, and advised people to invest in precious
metals and commodities, as well as keeping cash at home in a safe
place in case of bank closures. The stock market, after peaking in
March or April (around 10,850), will fall all the way down to somewhere
between 2450 and 4125 during the next leg down.
- Harry Dent (investor)
- A very likely second crash by late 2010. The coming depression
(starts around the summer of 2010). Dent sees the stock marketcurrently
benefiting from upward momentum and peppier economic activityheaded
for a very brief and pleasant run that could lift the Dow to the 10,700-11,500
range from its current level of about 10.090. But then, he sees the market
running into a stone wall, which will be followed by a nasty stock
market decline (starting in early March to late April) that could
drive down the Dow later this year to 3,000-5,000, with his best guess
- Richard Russell (Market Expert)
- (from 2/3/10) says the bear market rally is in the process
of breaking up and panic is on the way. He sees a full correction of the
entire rise from the 2002 low of 7,286 to the bull market high of 14,164.53
set on October 9, 2007. The halfway level of retracement was 10,725. The
total retracement was to 6,547.05 on March 9, 2009. He now sees the Dow
falling to 7,286 and if that level does not hold, "I see it sinking
to its 1980-82 area low of Dow 1,000." The current action is the worst
he has ever seen. (Bob Chapman says for Russell to make such a startling
statement is unusual because he never cries wolf and is almost never wrong)
- Niño Becerra (Professor of Economics)
- Predicted in July 2007 that what was going to happen
was that by mid 2010 there is going to be a crisis only comparable to the
one in 1929. From October 2009 to May 2010 people will begin to see things
are not working out the way the government thought. In May of 2010, the
crisis starts with all its force and continues and strengthens throughout
2011. He accurately predicted the current recession and market crash to
- Lyndon Larouche
- The crisis is accelerating and will become worse week
by week until the whole system grinds into a collapse, likely sometime
this year. And when it does, it will be the greatest collapse since the fall
of the Roman Empire.
- WALL STREET JOURNAL- (2/2010)
- "You are witnessing a fundamental breakdown of the
American dream, a systemic breakdown of our democracy and our capitalism,
a breakdown driven by the blind insatiable greed of Wall Street: Dysfunctional
government, insane markets, economy on the brink. Multiply that many times
over and see a world in total disarray. Ignore it now, tomorrow will be
- Eric deCarbonnel
- There is no precedence for the panic and chaos that will
occur in 2010. The global food supply/demand picture has NEVER been so
out of balance. The 2010 food crisis will rearrange economic, financial,
and political order of the world, and those who aren't prepared will suffer
terrible lossesAs the dollar loses most of its value, America 's savings
will be wiped out. The US service economy will disintegrate as consumer
spending in real terms (ie: gold or other stable currencies) drops like
a rock, bringing unemployment to levels exceeding the great depression.
Public health services/programs will be cut back, as individuals will have
no savings/credit/income to pay for medical care. Value of most investments
will be wiped out. The US debt markets will freeze again, this time permanently.
There will be no buyers except at the most drastic of firesale prices,
and inflation will wipe away value before credit markets have any chance
at recovery. The panic in 2010 will see the majority of derivatives end
up worthless. Since global derivatives markets operate on the assumption
of the continued stable value of the dollar and short term US debt, using
derivatives to bet against the dollar is NOT a good idea. The panic in
2010 will see the majority of derivatives end up worthless. The dollar's
collapse will rob US consumers of all purchasing power, and any investment
depend on US consumption will lose most of its value.
- Alpha-Omega Report (Trends Forecast)
- Going into 2010, the trends seemed to lead nowhere or
towards oblivion. Geo-politically, the Middle East was and is trending
towards some sort of military clash, most likely by mid-year, but perhaps
soonerAt the moment, it seems 2010 is shaping up to be a year of absolute
chaos. We see trends for war between Israel and her neighbors that will
shake every facet of human activityIn the event of war, we see all other
societal trends being thoroughly disruptedIran will most likely shut off
the flow of oil from the Persian Gulf. This will have immense consequences
for the world's economy. Oil prices will skyrocket into the stratosphere
and become so expensive that world's economies will collapse..There are
also trend indicators along economic lines that point to the potential
for a total meltdown of the world's financial system with major crisis
points developing with the change of each quarter of the year. 2010 could
be a meltdown year for the world's economy, regardless of what goes on
in the Middle East .
- Robin Landry (Market Expert)
- I believe we are headed to new market highs between 10780-11241
over the next few months. The most likely time frame for the top is the
April-May area. Remember the evidence IMHO still says we are in a bear
market rally with a major decline to follow once this rally ends.
- John P. Hussman, Ph.D.
- In my estimation, there is still close to an 80% probability
(Bayes' Rule) that a second market plunge and economic downturn will unfold
- Robert Prechter
- Founder of Elliott Wave International, implores retail
investors stay away from the markets for now. Prechter, who was bullish
near the lows in March 2009, now says the stock market "is in a topping
area, "predicting another crash in 2010 that will bring stocks below
the 2009 low. His word to the wise, "be patient, don't rush it"
keep your money in cash and cash equivalents.
- Richard Mogey
- Current Research Director at the Foundation for the Study
of Cycles- Because of a convergence of numerous cycles all at once, the
stock market may go up for a little while, but will crash in 2010 and reach
all-time lows late 2012. Mogey says that the 2008 crash was nothing compared
to the coming crash. Gold may correct in 2009, but will go up in 2010 and
peak in 2011. Silver will follow gold.
- James Howard Kunstler (January 2010)
- The economy as we've known it simply can't go on, which
James Howard Kunstler has been saying all along. The shenanigans with stimulus
and bailouts will just compound the central problem with debt. There's
not much longer to go before the whole thing collapses and dies. Six Months
to Live- The economy that is. Especially the part that consists of swapping
paper certificates. That's the buzz I've gotten the first two weeks of
- Peter Schiff (3/13/2010)
- "In my opinion, the market is now perfectly positioned
for a massive dollar sell-off. The fundamentals for the dollar in 2010
are so much worse than they were in 2008 that it is hard to imagine a reason
for people to keep buying once a modicum of political and monetary stability
can be restored in Europe . In fact, the euro has recently stabilized.
My gut is that the dollar sell-off will be sharp and swift. Once the dollar
decisively breaks below last year's lows, many of the traders who jumped
ship in the recent rally will look to re-establish their positions. This
will accelerate the dollar's descent and refocus everyone's attention back
on the financial train-wreck unfolding in the United States . Any doubts
about the future of the U.S. dollar should be laid to rest by today's announcement
that San Francisco Federal Reserve President Janet Yellen has been nominated
to be Vice Chair of the Fed's Board of Governors, and thereby a voter on
the interest rate-setting, seven-member Open Markets Committee. Ms. Yellen
has earned a reputation for being one of the biggest inflation doves among
the Fed's top players." Schiff is famous for his accurate predictions
of the economic events of 2008.
- Lindsey Williams
- Dollar devalued 30-50% by end of year. It will become
very difficult for the average American to afford to buy even food. This
was revealed to him through an Illuminati insider.
- Unnamed Economist working for US Gov't (GLP)
- What we have experienced the last two years is nothing
to what we are going to experience this year. If you have a job nowyou
may not have it in three to six months. (by August 2010). Stock market
will fall = great depression. Foreign investors stop financing debt = collapse.
6.2 million are about to lose their unemployment.
- Jimmy "Doomsday"
- 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.
- Posted by giveusliberty1776