Everything posted by remixer
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The worst crash in our lifetime is coming
Just read this.. I'm not market guru. Any one have some input? http://www.businessinsider.com/jim-rogers-worst-crash-lifetime-coming-2017-6 Heres the Transcript. Legendary investor Jim Rogers sat down with Business Insider CEO Henry Blodget on this week's episode of The Bottom Line. Rogers predicts a market crash in the next few years. One that he says will rival anything he has seen in his lifetime. Following is a transcript of the video. Blodget: One of the things I’ve always admired about you as an investor is that you don’t talk about what should be. You figure out what is going to be and then, you do that. So what is going to be with respect to the stock market? What’s going to happen? Rogers: I learned very early in my investing careers: I better not invest in what I want. I better invest in what’s happening in the world. Otherwise, I’ll be broke. Dead broke.Well, what’s going to happen is it’s going to continue. Some stocks in America are turning into a bubble. The bubble’s gonna come. Then it’s gonna collapse and you should be very worried. But Henry, this is good for you. Because someone has to report it. So you have job security. You’re a lucky soul. Blodget: Well, yeah, TV ratings do seem to go up during crashes but then they completely disappear when everyone is obliterated, so no one is hoping for that. So when is this going to happen? Rogers: Later this year or next. Blodget: Later this year or next? Rogers: Yeah, yeah, yeah. Write it down. Blodget: And what will trigger it? Rogers: Well, it’s interesting because these things always start where we’re not looking. 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. Always happens where we’re not looking. I don’t know. It could be an American pension plan that goes broke and many of them are broke, as you know. It could be some country we’re not watching. It could be all sorts of things. It could be war. Unlikely to be war but it’s going to be something. When you’re watching Business Insider and you see, ‘That’s so interesting. I didn’t know that company could go broke.’ It goes broke. Send me an email and then I’ll start watching. Blodget: And how big a crash could we be looking at? Rogers: It’s going to be the worst in your lifetime. Blodget: I’ve had some pretty big ones in my lifetime. Rogers: It’s going to be the biggest in my lifetime and I’m older than you. No, it’s going to be serious stuff. We’ve had financial problems in America -- let’s use America -- every four to seven years, since the beginning of the republic. Well, it’s been over eight since the last one. This is the longest or second longest in recorded history, so it’s coming. And the next time it comes -- you know, in 2008, we had a problem because of debt. Henry, the debt now -- that debt is nothing compared to what’s happening now. In 2008, the Chinese had a lot of money saved for a rainy day. It started raining. They started spending the money. Now, even the Chinese have debt and the debt is much higher. The federal reserves, the central bank in America, the balance sheet is up over five times, since 2008. It’s going to be the worst in your lifetime, my lifetime too. Be worried. Blodget: I am worried. Rogers: Good. Good. Blodget: Can anybody rescue us? Rogers: They will try. What’s going to happen is they’re going to raise interest rates some more. Then when things start going really bad, people are going to call and say, ‘You must save me. It’s Western civilization. It’s going to collapse.’ And the Fed, who is made up of bureaucrats and politicians, will say, ‘Well, we better do something.’ And they’ll try but it won’t work. It’ll cause some rallies but it won’t work this time. 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. You’re going to see governments fail. You’re going to see countries fail, this time around. Iceland failed last time. Other countries fail. You’re going to see more of that. You’re going to see parties disappear. You’re going to see institutions that hav e been around for a long time -- Lehman Brothers had been around over 150 years. Gone. Not even a memory for most people. You’re going to see a lot more of that next around, whether it’s museums or hospitals or universities or financial firms.
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Looking to Buy First Gun - Seeking Advice
617 as well as the SW Victory are fine for new shooters. Both made well and accurate. Nothing nicer then a polished 617
- Zekeformod/ NJGF meetup/pints for Patriots/ who really needs a label
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Mrs. Zeke
Welcome to the Forum. Will you be able to control Mr Zeke?
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California bill would take guns from those in the ‘Hate Crime Loophole’
Hate Crimes should be Illegal. its nothing more then double jeopardy
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Bobcat enters a home in Morris County
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I'm not even going to. Holland Tunnel? Nuclear Fuel Rods- What is this...
Even a broken clock is right once per day- What is this...
- What is this...
Primitive 762x39 reloader- What is this...
A black guy saying no. The circulatory system of a home. new background for latest bond film?- What is this...
That's easy. That is a rendall pin, its used to align windshield wipers. Keeps them in sync. Thats a broken Fidget spinner Easy one.... Its a building laying on its side.- What is this...
The Gyro stabilizer on a North Korean ballistic missile?- What is this...
That is the inside of a Sinkorator, Garbage disposal unit.- Pistol Permits, Extensions and Exemptions
If you are planning to file for an exemption just make sure you and the ffl list every pistol properly. Any serial number issues will delay the exemption and remove that pistol from being exempt during the transfer. When we run the NICS check on an exemption we enter the serial numbers of each pistol being picked up, They must match the serial numbers submitted to the NJSP when the exemption was filed. If a serial number is incorrect it would not be transferred during that transaction. Also keep in mind that you can get one additional pistol that day. If you have not picked up any pistols within 30 days.. We would run the single pistol first (Separate transaction, nics and 4473), Once that's submitted we would submit the exempt transaction since it overrides the 30 day rule on the one we ran prior. As long as you run the single transaction first. I advise all my clients when filing for an exemption to get an extra permit in-case they buy something after the exemption was filed. This does not save you money, Paperwork or time... It just allows you to leave with one additional pistol the same day. We have done many exemption's, Only thing i will tell you is out of courtesy contact the FFL prior to arriving for the exemption transfer, there is nothing worse then you arriving to pick up 15 pistols during a time when the dealer is packed with other clients. It creates confusion and holds up other customers, It also helps the dealer get your collection together, It will make for a smoother transaction.- Pistol Permits, Extensions and Exemptions
It's a single nics for all pistols on the exemption- Denial
Iv spoke to that Gentlemen in the past.. He has called me as well asking for info on why the customer violated the 30 day rule.- Recent Arrivals At Monmouth Arms
- Recent Arrivals At Monmouth Arms
- Recent Arrivals At Monmouth Arms
Here are some of my recent arrivals worth mentioning. LWRC DI 5.56 / 223 Modular One-Piece, Free-float Rail, Rail Panels, Angled Fore-grip and Hand Stop, Cold Hammer-Forged, Spiral Fluted 16.1 Barrel, Fully Ambidextrous Mag Release, Bolt Catch, & Selector. Price Includes all NJ Compliance work. $1275.00 Sig Sauer M400 Elite 5.56 / 223 New Model for 2017, Aluminum M-Lok Hand guard, 16" 1:7 twist Barrel, Sig Enhanced Trigger, Price includes all NJ compliance work. $1100.00 Sig Sauer p320 9mm Full-size w/Contrast Sights (15rds) Includes 2 Magazines , Plastic Case and Lock. Additional Magazines Available $535.00 Sig Sauer p320 9mm Carry w/Contrast Sights (15rds) Includes 2 Magazines , Plastic Case and Lock. Additional Magazines Available $535.00 Hi-Point 9TS 9mm Carbine Black $285.00 Hi-Point 9TS 9mm Carbine Camo $325.00- PA FFL/Gunsmith recommendations?
They will not Option 2 have it shipped to Paul he then can ship to NJ Might not be economic but worth a shot- 13 replies
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- PA FFL/Gunsmith recommendations?
- Daily humor thread
- Any update on Monroe ranges?
@Recoil Iv tried to reach out to you a few times via your comment page. hit me up when you have a chance.- Selling to an out of state buyer.
It does... - What is this...