Disclaimer: I am not a licensed securities dealer or adviser. The views here are solely my own and should not be considered or used for investment advice. As always, individuals should determine the suitability for their own situation and perform their own due diligence before making any investment.
It has been my belief that the Federal Reserve created Business Cycle is coming to an end soon (personally I think it started with the March 15th failure to raise the debt ceiling and we will feel it by July). I believe it so much that I promised to send a lucky winner a free book if I am wrong.
The Business Cycle is something that Friedrich von Hayek won a Nobel Prize for. In fact, I’m so confident that I am pouring my money and a substantial amount of borrowed money from the bank into gold and shorting the S&P 500. I am purchasing ProShares ETF (SH). I sincerely believe that it will crash by either the end of the year or next year.
I also believe I will more than double my investment. Why am I this confident? Buy How an Economy Grows and Why It Crashes and Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse. These two books are crucial to understanding the Business cycle.
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