Stock market Experts of Yesteryear doomed trend appears to be in full swing

[gnosis12]

Jim Rogers: Next bear market will be ‘the worst in my lifetime’ — here are 3 assets he's using for 2022 crash protection

Famed investor Jim Rogers has seen quite a few bear markets in the last half century, and he fears the biggest one yet could be right around the corner.

“The next bear market will be the worst in my lifetime,” he predicted in a Q3 interview with financial advisory firm Wealthion.

To be sure, Rogers has been bearish on the U.S. stock market for years. But the multimillionaire does know a thing or two about making money in turbulent times.

Rogers co-founded the Quantum Fund with George Soros in 1973 — right in the middle of a devastating bear market. From then till 1980, the portfolio returned 4,200% while the S&P 500 rose 47%.

Here are three assets he recommends keeping in your portfolio to ride out a possible 2022 downturn — even if you’re just sprinkling some of your extra cash on them.

https://finance.yahoo.com/news/jim-roge ... 00061.html

He has said the same thing so many times that as SOL would say "if you followed this MORON you would be bankrupt several times over"

[AstuteShift]

Whenever he starts talking is usually when the market will go higher

He was a legend in the past but now it’s obvious that he has nothing else better to do than just fear monger

[harryg]

Whenever he starts talking is usually when the market will go higher

He was a legend in the past but now it’s obvious that he has nothing else better to do than just fear monger

Jim Rogers has better credentials than I do, so I'm reticent to criticise him too much. Let's be polite and restrict ourselves to saying that he's becoming consistently incorrect, which is stupid.

Stupid, it's important to point out, not because he is wrong. No one is immune to that. No, stupid because when he is wrong it makes no difference whatsoever to his opinion. That's the true mark of a wally.

Incidentally, he could join this lot: viewtopic.php?p=6370#p6370

The simple truth is that the markets go up over time. This is not, for me, an intellectual discussion, just an observation. That's why my base investing position is always to be 'in'.

I think Mr Rogers should be held to account precisely because he is supposed to be an expert. Anyone believing him (and there are many) would have missed out on a great bull market 2010-date.

So, enjoy these which preceded his latest doomsday prediction. And remember: Dow in 2010: about 10,000. Now: 36,000. Of course there will no doubt be a crash at some point but that absolutely does not make these fear-mongerers (is that a word?) correct.

2011: 100% Chance of Crisis, Worse Than 2008: Jim Rogers
100% chance is a lot

2012: Jim Rogers: It’s Going To Get Really “Bad After The Next Election”

2013: Jim Rogers Warns: “You Better Run for the Hills!”

2014: JIM ROGERS – Sell Everything & Run For Your Lives
That's my favourite one - "Run for your lives" trumps "run for the hills"

2015: Jim Rogers: “We’re Overdue” for a Stock Market Crash

2016: $68 TRILLION “BIBLICAL CRASH” Dead Ahead? Jim Rogers Issues a DIRE WARNING

2017: THE BOTTOM LINE: Legendary investor Jim Rogers expects the worst crash in our lifetime