"Prepare for October stock market crash" -Dr. Enzio von Pfeil (CNBC 7/7/09)
source: http://www.enziosclock.com/video/clips/global_october_crash
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- sespian
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His own bond portfolio has grown by over 140% since April 1999, and his stock portfolio has outperformed the markets which he invested in 23 times through to early 2006. He has lived in Hong Kong, funded by his own investment portfolio, since 1990
Enzio studied in Freiburg, Germany, under Nobel Laureate Friedrich von Hayek. He has worked for some of the world’s leading banks – JP Morgan, Warburg and Schroders – as well as being a private banker in Istanbul for American Express and Chief Economist for Smith New Court Far East and for ABN AMRO. He has advised many of the leading investment houses of the world, and has written books on direct investments and on currencies.
He covers global economics for Bloomberg-Germany and for Bloomberg-UK, and appears frequently on many other financial news channels around the region, in particular CNBC.
Enzio provides hands-on, practical investment advice. His key tool is The Economic Clock® which he has been honing since 1994. His strategy is simple, and easily understood: minimize risk, maximize returns by investing on the basis of cycles and themes. Enzio firmly believes that money is made by not churning/overtrading, and by not putting too many eggs into one investment basket. He operates on a six-month view.
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- Community, Politics, Money, Greatest Depression, 2 more
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jubal
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My sources tell me the collapse is going to start in August and culminate in October.
- 2 years ago
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jubal
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Ihatethemall
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jubal:
That is about the same as what I hear.
Some of these folks are going to be surprised. - 2 years ago
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Ihatethemall
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desertcat
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I am hoarding food, water, paper products, bought a couple assault weapons, enough ammo to fight off the Mexican army, booby traps all around the house, taught the dog to kill first, bark later. All set for the October crash. today read the stock market to check up on the Companies I have stock with, realize I own none. Armed with that knowledge went out and bought myself another assault rifle. Ain't no paranoid stock owner going to steal my extra toilet paper.
- 2 years ago
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desertcat
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Ihatethemall
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Oh hell, the stock market isn't going to crash. The economy is just fine, the road to recovery is paved with the porkinus bill and we will surely be out of harms way by the end of the year. RIIIIIIIIIIIIIGHT.
- 2 years ago
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Ihatethemall
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sespian
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Disclaimer: I don't subscribe to his services, nor am I an advocate, I do think it wise to be aware of such concerns, especially considering his education and successful experience.
Wild prediction from a fund manager trying to make a buck?...possibly, but he IS putting his well earned reputation on the line. Best case scenario, he's completely wrong, and we watch his career implode. Worst case scenario...hold on, here we go again.
- 2 years ago
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sespian
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Ihatethemall
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sespian:
He's not the only one saying it though.
- 2 years ago
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Ihatethemall
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ThoughtNu
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Nwice to go along with the mandatory swine flu vaccines... Oct looks like it is going to be interesting
- 2 years ago
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ThoughtNu
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ThoughtNu
- This comment was removed by its owner.
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ThoughtNu
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ThoughtNu
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ThoughtNu:
for some reason I am unable to delete this
- 2 years ago
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ThoughtNu
