[SkyPilot]

These stories and thread always seem to follow the same pattern: those who throw stones at the doom predictors, and those who believe that the party cannot continue forever.

And there is never any firm convincing of either side.

Jim Rogers is not a "kook", and I take his opinion with merit as a well informed, sober, serious individual.

If you listen to the whole clip, and read between the lines, what Rogers is saying is that those in "in the know" realize that a crash is coming, but no one will really say what triggers it. However, Rogers predicts it will happen later this year or early next year.

Personally, I have longed believed that this market is dangerously inflated and the exponential growth we have seen since 2009 was never, ever supported by sound economic fundamentals. Manipulation, hot air, multipe QEs, ZIRP, and derivatives guarded by the secretive Plunge Protection Team (PPT) gang.

We'll just have to wait and see.

[TexasGator]

“Jim Rogers is not a “kook”, and I take his opinion with merit as a well informed, sober, serious individual”

JR partners with Soros...

[xenia]

I’ve been hearing about crashes coming for so many years. 2015 was supposed to be the big one, remember?? I believe it will have to happen eventually for many reasons. One of my first reactions now when I hear things like this is to think….what is he selling? So often people try to scare you into buying the products they sell. I’ve fallen for it before. Fear sells.

[ArtDodger]

Put your dough in... tattoos!
Capt’n Hook says its like money in the bank!

[mad_as_he$$]

Rogers would have more cred if he wasn’t a permabear. Every time the market skyrockets he goes out and predicts gloom. Can’ remember him ever saying it is a buy opportunity. That said I believe the market is due for a sell off, but not the worst ever.

[OrangeHoof]

I expected the Feds to halt QE once Trump got into office but I no longer foresee a crash should that happen because:

1) oil prices continue to remain low and oil prices steer the rest of the economy.

2) most of America believes we have a pro-business president again after 8 years of an anti-business president thus they are investing and creating more job openings.

3) Trump is saving us billions by getting us out of the Paris trap, scaling down the EPA and other money-wasters. Yes, some of that will turn around and be spent on the military but that also means jobs in the defense sector.

4) The time for a crash was last winter when Trump first assumed office and, instead, we got a robust winter.

Yes, there may be a time of slippage if the Feds pull out of the market and some on the left may call it a “crash” if we fall as far as say 15,000 on the Dow but that’s not a crash in my book - just a correction. The economy would still go on.

[buckalfa]

Sigh, I remember a time when a stock with a price earnings ratio of 5 to 1 was considered risky. A time when balance sheets carried equity totals that were many multiples of debt. Also I remember a time that the Dow was less than a thousand points. I also remember the 50's and 60's. But I digress.😀

[John W]

So, how would a modern day crash play out given the circuit breakers in place?

[JimRed]

For the past fifteen years or so I’ve been getting almost daily email warnings about the collapse of the dollar, followed by requests to send somebody money to “study” the problem, or offering to sell me something to make me rich when everyone else is bankrupt. What makes this individual any different?

[Starboard]

Stock valuations are priced for perfection. We have massive levels of debt. And, the number of flash points in the world seems to be increasing daily. Rogers is probably right; all it will take is one spark to trigger a precipitous decline in the market and the onset of a serious recession.

Of course the Republicans could help us out out a lot by passing Trump’s agenda to stimulate and bolster the economy, but they are dragging their feet as usual.

[Roman_War_Criminal]

Triggered by the Hand of God I’m thinking...
What about you beloved?

[SamAdams76]

I’ve been hearing these apocalyptic pronouncements since I was a child in the 1970s. And so what if the markets did crash? They’ve crashed before.

The Sun will keep rising and I will still have to mow the lawn this weekend.

[elpadre]

Similar predictions have been rampant for over a year now from other “experts.”

[plain talk]

Blodget: And we are in a situation where Western civilization already seems to be possibly collapsing, even with the market going up all the time. Often when you do have a financial calamity, you get huge turmoil in the political system. What happens politically if that happens?

Rogers: Well, that’s why I moved to Asia. My children speak Mandarin because of what’s coming.

LOL

[tophat9000]

Crashing the market for politics has been done before.. its what they use to get Obama Elected in 2008 ...so we are being prep for one.... if they can Keep the Russian thing going to keep Trump stalled then crash the market (Courtesy of George Soros and friends) just before the mid terms

They figure they can get a hard left Dem majority and get impeachment and removal of Trump

The world has just become too small and the Globalist (who really run what we use to call the west) see total control in their grasp they will not give up

[editor-surveyor]

.
He has predicted market crashes almost every year.

What happened to the crash he promised in February 2016?

All of this market doom is the wishful thinking of the international bankers that hate to see the world’s only free nation on top.
.

[mjp]

In 2007, Iceland went broke. People said, ‘Iceland? Is that a country? They have a market?’ And then Ireland went broke. And then Bear Stearns went broke. And Lehman Brothers went broke. They spiral like that.

Puerto Rico

in 2017 alone such well-known companies as Payless, Wet Seal, The Limited and hhgregg have filed for protection.