iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

Dr. Doom on the Economy

[youtube:http://www.youtube.com/watch?v=jQs49tGoK_4 450 300]

Late year pick me up.

If you enjoy the content at iBankCoin, please follow us on Twitter

20 comments

  1. The Fly

    here is direct link for mobile users:

    http://www.youtube.com/watch?v=jQs49tGoK_4

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. The Fly

    His point of view is different than mine. Nonetheless, he is always worth a listen.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. crude_oil

    Sold ATVI.FUCK RETAIL.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. The Fly

    Right. Fuck those games!!!

    Kill them!!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. boca

    Marc Faber is a smart man. I read a book of his that he wrote shortly after the 1987 crash. The guy was right in so many ways it was uncanny. (Of course, I then sold the book to a money manager in Switzerland for $240 hah!)

    Faber is always bearish, and knows it, but is extremely insightful whether you’re a bull or a bear.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Itchy & Scratchy

    Looks like he likes metals too. Seems conventional bearish wisdom says go long metals due to inevitable trashing of the dollar. I’m not sure that’s a guaranteed play this time.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Left Wing Loon

    Faber apparently didn’t hear that The Messiah is bringing an extra large bag of magical pixie dust with him to the White House. Bet against The Messiah and see what it gets ya.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. chivasontherocks

    i like kass prediction # 17. YANKEES go undefeated

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Small Fry

    What the fuck is that swirling hand-held camera?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. boca

    Itchy, I agree with you on the precious metals, I’m not as convinced as I used to be that they are a good bet in an economic downturn. Wish I felt more confidence that there was a safe haven *somewhere*.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. TraderCaddy

    Fly- Going back to the previous post. Yes, the tax APPRAISED valuation of homestead (primary res. of owner) and the real property tax is generally capped at annual increases of 3% or the rate of inflation whichever is lower.
    So, although the fair market value of the Homestead may have been increasing at 25% per year for purposes of the real property taxes the valuation was capped.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. TraderCaddy

    PS Here comes SMH.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. Juice

    I love David Faber’s older, wiser, richer, better looking, less gayer, bro !

    And that pony tail is the shit !

    Word!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. The Fly

    There went SMH.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. Turtle

    SRS yielding 29%?!?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. scum bucket

    I’m not going to listen to that blowhard for eight minutes.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Dinosaur Trader

    Hey, why don’t you stop posting this week and let us third-tier types take a vacation too?

    You’d think people were trading or something…

    -DT

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. TraderCaddy

    I think Fly likes the banter. Can’t keep Tiger off the golf course either.
    Imagine Fly in third grade history telling off the teachers.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. Eye No Santa

    Boca …

    Recession proof investments:

    Death (HI) and Taxes (INTU) …. I like HI here with the aging pop and their exposure to both caskets and urns.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. boca

    hahaha Eye No

    I’m partial to “stuff” myself, preferably valuable stuff. No matter the currency, inflation or deflation, it can always be traded for cash or something you need. If all else fails, my husband knows how to hunt, and I can roast meat over a fire in the backyard.

    • 0
    • 0
    • 0 Deem this to be "Fake News"