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I imagine the collapse looking something like Mad Max, but I might be way off.

The_Adventurer wrote:I imagine the collapse looking something like Mad Max, but I might be way off.

I think your imagination is right. There's a Mad Max scenario happening in Detroit right now, its every man for himself.

This just in. The charts suggest that the current run will top out within the next few months and retrace most of the advance from 2009; i.e., a crash of significant amplitude.

The Case For A Crash
http://www.zerohedge.com/news/2013-12-1 ... case-crash

This just in. The charts suggest that the current run will top out within the next few months and retrace most of the advance from 2009; i.e., a crash of significant amplitude.

The Case For A Crash
http://www.zerohedge.com/news/2013-12-1 ... case-crash

Taco wrote:This just in. The charts suggest that the current run will top out within the next few months and retrace most of the advance from 2009; i.e., a crash of significant amplitude.

The Case For A Crash
http://www.zerohedge.com/news/2013-12-1 ... case-crash

The market is due for a correction. I doubt it will be catastrophic in nature, more likely a 20-30% drop. Catastrophe requires a particular bubble to burst, while corrections generally occur when the market as a whole is overvalued. I don't see any particularly obvious bubbles at the moment, aside from a market that is slightly over valued (it should be around 12k, not 16, if it were behaving as historically expected, but this is just a personal belief based on P:E ratios).

HouseMD wrote:

Taco wrote:This just in. The charts suggest that the current run will top out within the next few months and retrace most of the advance from 2009; i.e., a crash of significant amplitude.

The Case For A Crash
http://www.zerohedge.com/news/2013-12-1 ... case-crash

The market is due for a correction. I doubt it will be catastrophic in nature, more likely a 20-30% drop. Catastrophe requires a particular bubble to burst, while corrections generally occur when the market as a whole is overvalued. I don't see any particularly obvious bubbles at the moment, aside from a market that is slightly over valued (it should be around 12k, not 16, if it were behaving as historically expected, but this is just a personal belief based on P:E ratios).

Everyone thinks there's nothing to worry about. Check out S+P 500 Negative To Positive Pre-announcement Ratio Chart.

WTF Charts Of The Day
http://www.zerohedge.com/news/2013-12-1 ... d-bad-ugly

I prefer using the market cap to GDP ratio of stock valuation. It's at 113%, while a stable level is 75-90%. My man Warren uses the same system to time his buys and does pretty damn well. Correction, yes, implosion, nah.

http://www.gurufocus.com/stock-market-valuations.php

Teal Lantern wrote:Harold Camping debacle.

What is that?

They left out the part where the US becomes the largest province of China.

What Do They Say Is Coming In 2014
http://theeconomiccollapseblog.com/arch ... ng-in-2014

This is a good video. It was made by a man who actually lived through a banking collapse in Argentina. He gives practical suggestions for preparing based on his experience.

https://www.youtube.com/watch?v=dLbLcJZAtRo