Prophecy in today's headlines

Delaying Tax Vote Could Crash Stock Market

Failure by Congress to extend the Bush tax cuts, especially locking in the 15 percent capital gains tax rate, will spark a stock market sell off starting December 15 as investors move to lock in gains at a lower rate than the 20 percent it would jump to next year, warn analysts. Read More

Buy Farmland and Gold – Market Pundit Mark Faber

The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.The bleak warning of social and financial meltdown, delivered today in Tokyo at a gathering of 700 pension and sovereign […]