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The Greatest Forecasts Ever Made

 

 

We will be making more of these videos in the future so the newer guests of the website can see that no one can come close to the track record of Mike Stathis.

We hope to make 20 or more videos in 2014 showing Mike's track record from the pre-crisis and post-crisis period. We also welcome guest submissions. 

For our track record since the financial crisis check the following links here and here

Clearly, Mike Stathis predicted the financial crisis and economic collapse more accurately than anyone in the world. This is a statement of fact. And we are prepared to risk $100,000 to back this claim.

UPDATE: As of January 1, 2015 we raised this to $1 MILLION.  See here and the extension of the deadline here

For those of you who have not already read America's Financial Apocalypse, you are going to see that Mike Stathis was writing about so much of what has been dominating the headlines years in advance.

In addition to the collapse and bailout of Fannie Mae and Freddie Mac which was predicted by Stathis, the collapse of the stock market (which Stathis nailed with precision), as well as the collapse in real estate prices (which also nailed), he was the first financial expert to address in the context of an economic collapse several topics that have since become huge issues of discussion and debate.

The list below is brief and incomplete. Remember, these topics were just a small handful that were included in Mike's 2006 book:

1. Fannie Mae and Freddie Mac would collapse to the point of needing a government bailout.

2. The US real estate market would collapse by 35%, but many parts of California and Florida, as well as cities like Las Vegas would experience a 50-60% collapse in prices.

3. Wealth and income disparity (this only became a topic of discussion in since 2011)

4. For-profit college scam (this only became a topic of discussion in since 2011)

5. Soaring precious metals pricing followed by their collapse (Mike might be the only financial professional to have made this forecast)

6. The need to trade precious metals (Mike may have been the only financial professional to provide these recommendations early on)

7. America's huge infrastructure gap (this only became a topic of discussion in since 2010)

8. America's healthcare crisis (this topic remains unacknowledged)

9. America's destructive trade policies (the media continues to keep this topic out of the discussion)

10. Entitlement crisis (this only became a topic of discussion in since 2009)

11. Underfunded pension problem

12. Retirement crisis -

13. Manipulation of economic data by Washington (Mike may have been the first financial professional to provide a detailed treatment on this topic)

14. The 401k scam (the media continues to avoid discussing teh disturbing realities surrounding 401k plans, fees, and the shift from pension plans)

15. Mutual fund scams (the media continues to avoid disclosing the realities of mutual funds)

16. Why buying a home is usually not a good investment (Mike could be the first financial professional to have shown why this is case; only after the real estate collapse have some made this point - Monday morning quarterbacking)

17. Predicted Dow Jones 6500 (Mike is likely the only financial professional to have discussed this as a possibility prior to 2008)

18. Predicted the boom in the rental market

19. Predicted the boom in reverse mortgages

20. The commodities bull market (bubble)

21. The commodities correction after the Beijing games

Check here for additional forecasts from this book. 

For our track record since the financial crisis check the following links here and here

 

 


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