RE:Hey Rdgeo Irish , I hope you sleep well at night. A tough job if you believe Jim.
The truth is Rickers makes a lot of money selling Armageddon. Not saying he's not right . Everyone is right some day. You or I can get any scenario we want on any given day by the pundits that pretend they can predict the stock markets.
Buffet, arguably the most successful investor says he never tries to time the markets.
Its defiantly distressing to a reasonably intelligent person that governments can print a trillion dollars backed by nothing other than good will to cover massive expenditures made with money they don't have. How does that work? ( year after year)
What am I trying to say ? LOL . I don't know exactly . I guess just that I'm not going worry about Rickers or his predictions. I am going to try and make 10% per annum in the markets and be prepared for the stuff that hits the fan.
Right now I'm betting on a rebound in commodities , mainly oil, copper, iron ore and DIAMONDS. But I've been doing that for a while.