Chris Martenson Predicts 60% Market Collapse in 3 months time

a broken clock is right at least 2x a day!

CM is usually pretty good...I've never seen him make this short term of a prediction...we'll see.

He is accurate... We need some doom, bring on the doom!

The book Aftershock was a great read. The main premise of that book was 3 years with 100% inflation per year and 50% unemployment, basically the worst depression the world has ever seen. He said it would start in 2012 but obviously underestimated the Feds ability to keep a zombie financial system afloat with funny money for so long. Who in the world would forecast the stock market where it is today? Who in the world believes any of the positive numbers are real at this point? It is a no brainer this is all going to blow up like an overinflated balloon....just a matter of timing. I personally don't think we will see just an economic collapse brought on by printing. I believe we will see massive natural disasters or terrorist attacks, huge ones all over the place conveniently at the tipping point of all this.....then the blame can be placed on foreign people and things "out of their hands." Oldest con in the book.

He made this same prediction in March and here it is July and it hasn't come true. He makes this same prediction about every other month.

Also Marc Faber shares the same opinion as of end of June 2013




Some more info (from LAST year) from Greg Mannarino:

Never...........................N-E-V-E-R

Underestimate the power of a printing press !

Never !

:Omgryn:

Nick@