[Lately, Mother Earth has been angrier than we can ever recall. A friend of ours with a keen interest in the predictions of seers alerted us a few years ago to the prospect of a dramatic increase in seismic activity around now, so we were naturally eager to have him update the forecast. He has obliged with the grim predictions detailed below. Be warned that his outlook is not for the squeamish and that it suggests 2012 could be a year in which natural disasters impact hundreds of millions of lives around the planet. Incidentally, if you’d like to sample the eclectic range of Rick’s Picks commentary, we offer a free seven-day trial, including daily stock and futures recommendations.]
Rick has asked me to outline the impact of potential future geological events on the U.S. economy. I am not a geologist or an economist, (although I do have an eclectic university education background) – my own personal studies for the last several decades have included amongst other things various prophecies about future events from multiple sources around the world. I write this anonymously, and am writing it at Rick’s request. I am just putting it out there for your consideration – what you choose to do with this » Read the full article
Fluke Market Selloff Has Morphed into Reality
by Rick Ackerman on May 21, 2010 7:05 am GMT · 15 comments
Funny how the “accident” that sent the Dow plummeting a thousand points a couple of weeks ago has morphed into the real thing. The blue chip average fell 376 points yesterday, and we’re predicting it will fall a further 470 points, to exactly 9592, before buyers get decent traction. Easy come, easy go, as they say. The initial selloff was originally attributed to a clerical error. If this turns out to be true, Wall Street may yet produce a scapegoat for the bear market disaster that is yet to unfold. Something like this happened when epidemiologists traced AIDS back to patient zero, a French Canadian flight attendant named Gaetan Dugas. He died young, evidently before a torch mob could find him, but you can bet the Wall Street clerk is already living under an alias, assuming he ever existed. The charts offer an indictment that does not distinguish between a clerical » Read the full article