Sunday, May 3, 2009

Meet The Doomers

Gloom and doom is in. Some people see the glass as half full, some see it as half empty and yet others think that what looks like water is a mirage and the glass is actually empty. The post is about the people who fall into the last category. All joking aside, these doomers have been very right over the past few years and are worth listening to.

Gerald Celente is a trend forecaster, author and CEO of The Trends Research Institute, which he founded in 1980. He makes very consistent and reasonable arguments and has a long track record to back up his forecasting confidence. He is predicting total economic collapse. Visit his YouTube channel here.



Max Keiser is a film-maker, broadcaster and former broker and options trader. While I disagree with some of his viewpoints, mainly on minor topics such as intellectual property, I agree with a lot of his ideas regarding economics and the financial industry. He is predicting total economic collapse. Visit his YouTube channel here.



Jim Rogers is the former hedge fund manager of the Quantum Fund and author of Hot Commodities, A Bull in China, Adventure Capitalist and Investment Biker. He has been bullish on commodities and China for many years. Of late, he is most bullish on agricultural commodities. Jim had a rough 2008 but his long term track record is hard to dispute. He is predicting the long term economic decline of the West and the rise of Asia. Visit his YouTube channel here.



Peter Schiff, the President of Euro Pacific Capital and author of Crash Proof and The Little Book of Bull Moves In Bear Markets. While I have issues with this second book, as I noted here, Schiff is better digested in video form. Like Jim Rogers, Schiff had a rough 2008 but I would not bet against him going forward. He is predicting total economic collapse. Visit his YouTube channel here.


So, are the doomers right or are they just chicken littles? Only time will tell.

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