COMMENT: It’s baffling why you don’t seem to be at the entrance web page of the WSJ, Barons, London FT, NY Instances, and each and every monetary newspaper claiming to be eager about markets. Within the ’80s, when the Dow used to be 1,000, you forecast it could achieve 6,000 via 1996. At the past of the 1987 low, you stated the marketplace would form pristine highs via 1989. You forecast the Nikkei prime at 40,000 for 1989. Even next the 2007-2009 strike, you stated the low would conserve, and we’d see pristine highs. In a minimum of 2013, you stated the Dow would take a look at 40,000. You’ve gotten accurately forecasted each and every strike and each and every prime, but the fake major monetary press won’t ever file the reality.
You’ve gotten proven the arena that forecasting from a quantitative view in lieu than opinion is conceivable. My hat is off to you. You get status ovations at meetings. You’re a global coach.
Farewell in London.
LS
REPLY: Thanks. I believe the partiality stems from what I skilled at school. The physics educator stated not anything is random, and in economics magnificence, they stated it’s random, like a under the influence of alcohol strolling within the terrain staggering backward and forward. So, we will be able to practice Marx and Keynes and flaunt family to assemble the easiest global.
Even in 2013, the primary projection used to be 40,000. In 2018, I once more warned that 40,000 used to be no longer the terminating goal however the medium area. It’s a must to comprehend that the whole lot is hooked up. You can’t have the Dow committing to 40,000 and not anything else occurs. The query now could be that with the Neocons pushing for Global Warfare III earlier than the financial system and Europe additionally in determined instantly desiring conflict, we’ve got a accident of traits converging the place there may be just about $1o trillion in US debt maturing this pace, which I warned about on Feb 18, 2024.
Can we get the knee-jerk response when crowd understand we’ve got a DEBT CRISIS about to smack us within the face BEFORE the election? Or do we want conflict to get the foreigners to shop for the debt that China is not going to? How lengthy will it hurry crowd to determine you wish to have to cover in personal belongings – no longer crowd? That can dictate the space of a knee-jerk correction. That is why it takes a pc to form such projections – no longer private reviews.
Historical past dictates that they are going to simplest take a look at what I’ve carried out next Scotty has beamed me up – infrequently ever earlier than with out a primary situation. This is simply the way in which the prejudices and biases exist in human family. You’re going to by no means extinguish them. Just right and malicious, that’s what makes us all human. Nonetheless, from age to age, there were some who reported the forecasts.