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70% Stock Market Crash to Strike November 1, Economist Warns

Posted on 10/19/18 at 3:47 am
Posted by rickgrimes
Member since Jan 2011
4181 posts
Posted on 10/19/18 at 3:47 am
quote:

But there is one distinct warning that should send chills down your spine … that of famed economist Ted Bauman. Bauman and his team correctly predicted the collapse of 1999 and 2007.

Bauman now warns: “There are three key economic indicators screaming SELL. They don’t imply that a 70% collapse is looming, it’s already at our doorstep.”

And if Bauman calls for a 70% market correction, one should pay heed.

Indeed, over the last three decades he accurately predicted the financial crisis of 2008, the dot.com crash of 2000, the recession of the early 1990s and the 1987 crash.

And when Bauman makes a prediction, he backs it up. True to form, in a new controversial video, Bauman uses over a dozen indisputable charts to prove his point that a 70% stock market crash is here.

Most alarming of all, is what Bauman says will cause the collapse. It has nothing to do with interest rates, government debt, tariffs, China or North Korea. Instead, it is linked back to a little-known scheme that was deemed illegal for triggering the 1929 market crash … a scheme that was made legal again.

And although our future may seem bleak, as Bauman says: “There is no need to fall victim to the future. If you are on the right side of what’s ahead, you could seize opportunities that come along once, maybe twice, in a lifetime.”

Perhaps most importantly, in this new video presentation, Bauman reveals what he and his family are doing to prepare right now. (It’s unconventional and even controversial, but proven to work.)

While Bauman intended the video for a private audience only, original viewers leaked it out and now tens of thousands are downloading the video every day.

One anonymous viewer wrote: “Bauman uses clear evidence that spells out the looming collapse, and he does it in a simple language that anyone can understand.” [Indeed, Bauman uses a lamb analogy to prove his points.

With his permission, I reposted the video on a private website.

LINK



What a fricking scam...
Posted by LSUgolf04
Member since Aug 2009
349 posts
Posted on 10/19/18 at 4:59 am to
Then why did you post it?
Posted by jcaz
Laffy
Member since Aug 2014
15662 posts
Posted on 10/19/18 at 6:26 am to
I read this in my head like I was hearing it on a talk radio commercial
Posted by kciDAtaE
Member since Apr 2017
15790 posts
Posted on 10/19/18 at 7:12 am to
quote:

Bauman and his team correctly predicted the collapse of 1999 and 2007.


Tell me the times they incorrectly predicted something. I could say this every year and eventually be right
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13880 posts
Posted on 10/19/18 at 7:58 am to
quote:

Instead, it is linked back to a little-known scheme that was deemed illegal for triggering the 1929 market crash … a scheme that was made legal again.

Wow. That’s specific!
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 10/19/18 at 8:23 am to
quote:

famed economist Ted Bauman

never heard of him
Posted by Suntiger
BR or somewhere else
Member since Feb 2007
32973 posts
Posted on 10/19/18 at 8:48 am to
Looks like he represents off shore tax havens. Hmmmmmm
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 10/19/18 at 8:49 am to
quote:

to Strike November 1
Morning or afternoon???
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36765 posts
Posted on 10/19/18 at 8:57 am to
I wish I was smart enough to predict economic crisis down to the day it happens. that's a fricking money making super power if I ever heard one
Posted by tigerfan4444
Member since Apr 2008
702 posts
Posted on 10/19/18 at 8:57 am to
How does this guy back up his prediction other than charts? He should be long on a boatload of SPY and QQQ puts if he is backing it up and tell you how many he has.

Like another poster wrote: how many times has he been wrong.

If you go by the url, he might have been calling for the 70% crash during the summer. The url reads in part "...crash-to-strike-august-1..."
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69918 posts
Posted on 10/19/18 at 9:00 am to
quote:

I wish I was smart enough to predict economic crisis down to the day it happens. that's a fricking money making super power if I ever heard one



I have this super power, I will share it with those who subscribe to my blog

ShaftKnowsAll

$19.95/month
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 10/19/18 at 9:11 am to
quote:

I could say this every year and eventually be right


That is called the Ron Paul method.
Posted by castorinho
13623 posts
Member since Nov 2010
82045 posts
Posted on 10/19/18 at 9:52 am to
So he's about to be rich as frick, right?
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15168 posts
Posted on 10/19/18 at 10:02 am to
If true, BUYING OPPORTUNITY!!!
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 10/19/18 at 12:35 pm to
"The only function of economic forecasting is to make astrology look respectable."

John Kenneth Galbraith
Posted by 19thHole
Working on my TPS reports
Member since Dec 2007
4908 posts
Posted on 10/19/18 at 12:38 pm to
Hmm... Yet in October he posted a video to NOT LET October's volatility "rock the boat..."

Same guy?

I see.

LINK
Posted by Powerman
Member since Jan 2004
162235 posts
Posted on 10/19/18 at 12:50 pm to
quote:

Ted Bauman is always searching for safe ways to help you protect and grow your wealth. And Alpha Stock Alert does that … and more. It beat the S&P 500 index 10 times over in the past decade, up 585% compared to the S&P 500’s 57% return. It has never had a losing year over more than a decade … even during the 2008 and 2009 crisis. This is an essential system if you’re retired … and an essential complement to a more aggressive trading strategy if you’re not.

Sounds legit
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15168 posts
Posted on 10/19/18 at 1:05 pm to
quote:

Sounds legit


AKA somehow he got a platform, buys into some penny stick, puts out an alert that this is the next AMZN, gets a bunch of idiots to pump up the stock in 24 hrs, sells out.

Where have I seen this before?
Posted by buckeye_vol
Member since Jul 2014
35239 posts
Posted on 10/19/18 at 5:56 pm to
quote:

Where have I seen this before?
In a Leo film?
Posted by Twenty 49
Shreveport
Member since Jun 2014
18775 posts
Posted on 10/20/18 at 12:46 am to
quote:

I read this in my head like I was hearing it on a talk radio commercial


When I hear ads like that on a radio show (Buy gold!), I know that they have determined that many listeners of that show are gullible idiots. (I guess I’m among them if I’m listening, but I’m not buying.)
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