Reinhardt,scary prediction for tomorrow, 9/2/09

King Mob

uncle_sam_ie wrote: »

Maybe someone who subscribes to his journal or has been following him more closely can answer that. I don't want to make another false 911 like presumption I made a month ago. I'm getting this info second hand. That's why I posted, In hope to get more info. Anyway, I'll be watching this week with interest.

Those "predictions" seem incredibly vague.
I wouldn't put much stock in them.

uncle_sam_ie

Here is a good video explaining this weeks predictions. http://www.youtube.com/watch?v=MpfH_hgexHo

King Mob

uncle_sam_ie wrote: »

Here is a good video explaining this weeks predictions. http://www.youtube.com/watch?v=MpfH_hgexHo

So either the next crash or some that starts the next crash will take place on either Sunday or Monday?
So no specifics that would verify an actual prediction then?

uncle_sam_ie

King Mob wrote: »

So either the next crash or some that starts the next crash will take place on either Sunday or Monday?
So no specifics that would verify an actual prediction then?

If you want specifics then you should sign up to Rienhardts journal. But do it quick as his subscription doubles at midnight in the US. By the way, he made his March predictions last year.

King Mob

uncle_sam_ie wrote: »

If you want specifics then you should sign up to Rienhardts journal. But do it quick as his subscription doubles at midnight in the US. By the way, he made his March predictions last year.

Seriously? I have to pay to be privy to this information that seems to be pretty vague?
He's really getting the truth out there.

uncle_sam_ie

King Mob wrote: »

Seriously? I have to pay to be privy to this information that seems to be pretty vague?
He's really getting the truth out there.

Well, apparently those that do subscribe don't get vague info. if you had followed his advice and shorted the market on his last months predictions you'd have made some money. Anyway, we'll see how it goes this week.

King Mob

uncle_sam_ie wrote: »

Well, apparently those that do subscribe don't get vague info. if you had followed his advice and shorted the market on his last months predictions you'd have made some money. Anyway, we'll see how it goes this week.

And how do you know you get less vague information if you subscribe? Why do you have to pay?
Why does he not just make his predictions without all the ambiguity.

uncle_sam_ie

King Mob wrote: »

And how do you know you get less vague information if you subscribe? Why do you have to pay?
Why does he not just make his predictions without all the ambiguity.

1.Because on the Wired Pirate forums people who subscribe say he is less vague and that he will even e-mail you if you have questions.
2. If people are willing to pay, and I'm not one of them, why shouldn't he charge for his journal.
3.Thats just the way he rolls.

King Mob

uncle_sam_ie wrote: »

1.Because on the Wired Pirate forums people who subscribe say he is less vague and that he will even e-mail you if you have questions.
2. If people are willing to pay, and I'm not one of them, why shouldn't he charge for his journal.
3.Thats just the way he rolls.

So there's no way to actually see if he's making a verifiable prediction unless you pay him money?

Smells like bull**** to me.

K-9

King Mob wrote: »

So there's no way to actually see if he's making a verifiable prediction unless you pay him money?

Smells like bull**** to me.

Seems the sceptics have become the CT'ers on this thread.

uncle_sam_ie

King Mob wrote: »

So there's no way to actually see if he's making a verifiable prediction unless you pay him money?

Smells like bull**** to me.

Going by his past predictions having been spot on I'll give him the benefit of the doubt this week. He seems to be confident enough to double his sub price.

King Mob

uncle_sam_ie wrote: »

Going by his past predictions having been spot on I'll give him the benefit of the doubt this week. He seems to be confident enough to double his sub price.

And going by this one it's vague enough to apply to anything that might happen tomorrow.

K-9

uncle_sam_ie wrote: »

Going by his past predictions having been spot on I'll give him the benefit of the doubt this week. He seems to be confident enough to double his sub price.

Please explain?

Otherwise this is looking like a call 1550 line.

uncle_sam_ie

K-9 wrote: »

Please explain?

Otherwise this is looking like a call 1550 line.

Last summer Rienhardt came onto one of the Yahoo business forums and gave specific dates(his journal was free then) to the day when the markets would crash for October, November and for the week of the 9th of February. The links are in this thread. So, If you would have shorted on Reinhardts advice for the week of the 9th you'd have made money.

K-9

I've read the thread from my perspective.

You've read it from yours.

The last couple of pages put his predictions into perspective. They cannot be argued with. The market is in free fall, we all know it, even I can predict it.

Look, the world will end some time, we can all find pointers.

K-9

PS. A 30% Drop on an ever decreasing falling index means zilch.

uncle_sam_ie

K-9 wrote: »

I've read the thread from my perspective.

You've read it from yours.

The last couple of pages put his predictions into perspective. They cannot be argued with. The market is in free fall, we all know it, even I can predict it.

Look, the world will end some time, we can all find pointers.

Ya, but he predicted it last summer to the day.

K-9

uncle_sam_ie wrote: »

Ya, but he predicted it last summer to the day.

What day?

If it's so obvious, links?

uncle_sam_ie

K-9 wrote: »

What day?

If it's so obvious, links?

Again, This is was his prediction for "crash in september" http://finance.google.com/group/google.finance.983582/browse_thread/thread/aad550b590f931bf?pli=1

His other predictions are archived on forum boards on the web like wiredpirate from last year. I linked them before on this thread. It's late and I'm not going searching for them again.

K-9

uncle_sam_ie wrote: »

Again, This is was his prediction for "crash in september" http://finance.google.com/group/google.finance.983582/browse_thread/thread/aad550b590f931bf?pli=1

His other predictions are archived on forum boards on the web like wiredpirate from last year. I linked them before on this thread. It's late and I'm not going searching for them again.

September?

I could have predicted this.

King Mob

Does he actually predict the cause?
Or was it just "crash in September?"

uncle_sam_ie

K-9 wrote: »

September?

I could have predicted this.

"Crash is in September."
"yup
and the negative news that will move the market downward should occur 
Sept 15 "

Lehman brothers went bankrupt on that day.
Ya,you can get lucky once but he did it again in October and in Febuary.

K-9

uncle_sam_ie wrote: »

Lehman brothers went bankrupt on that day.
Ya,you can get lucky once but he did it again in October and in Febuary.

Do expand, February in particular.

uncle_sam_ie

K-9 wrote: »

Do expand, February in particular.

I'm not going over this again and again and again reposting links and charts. It's already been discussed on this thread. If you're really interest go back and read it and research for yourself. If you don't believe in the guy, then fine. I don't care. I posted today to discuss with people who have an interest in Reihardts predictions for the week ahead. I want to know what their thoughts are on the matter.

Now getting back to Rehartds predictions for the week ahead,

Rienhardt's been active. 15th is another date he has pointed to. And, he has made another reference to Bushehr again. " Just don't say i didn't warn ya" Apparently he was making noise about Mumbai before it happened. There has also been someone making unusual cryptic warnings on the WSJ boards for the week ahead and some think it's Reinhardt. Here is a sample.
5:39 pm March 12, 2009
"Ahab... is beconing from the ABYSS", as death awaits his "Ship of Fools"! wrote:
A ((((((((((Mirage)))))))))) is something you want to see and a fact of life in the Global Market Place is something you damn sure don’t want to see on March 16th 2009!


5:36 pm March 12, 2009
"Beware of... (((BONDS)))!" wrote:
You have been warned…
Here is a video good video discussion about it. http://www.youtube.com/watch?v=MpfH_hgexHo

Martyr

interesting that Chinese/Danish and Italian companies have made deals with Iran.

K-9

uncle_sam_ie wrote: »

Again, This is was his prediction for "crash in september" http://finance.google.com/group/google.finance.983582/browse_thread/thread/aad550b590f931bf?pli=1

Huh? That's a google groups discussion. It doesn't show any prediction.

Seems he said September, a rough guess.

Between the anti Vatican, Zionist, Muslim stuff etc., he wasn't very clear.

PS. Why would the NWO keep to specific dates? Strange!

K-9

There are a number of indications that if Obama wins the election that
between that day and the inauguration the Israelis will launch an
attack against the Iranian Nuclear complex which would probably lead
to a nice little war that would obviously have economic consequences
around the world. So then in January when they say we entered a
recession in the previous quarter they will be able to blame it on the
war.

Reinhardt e-mailed me and told me to put this up so his predictions
could be dated and timestamped.

"I would sell Microsoft today"

"the across the board market may likely rise on optimism of the Senate
bill but don't wait until Friday to sell MS and maybe a few other
Washington companies?

The next date of significance is Tuesday October 7th 2008. May be a
date of infamy

its like all of a sudden my eyes opened up, a brigade of troops
launched to do what ever there ordered to do on american soil against
other americans with no oversite by anyone other then the
president .why in gods name would that be nessasary unless he really
is going to make a stand and not let the next election take place. is
being president really that much of an inside game now that rather
then give barack the chance to be the next president theres a
cordinated effort around the globe to leave bush in charge wow is it a
line drawn all of a sudden?

umm feb 9th is kinda far away, does that mean the market's gonna go up
until then? lol

The problem with this entire theory is that it is predicated on the
historical fallacy that War creates prosperity and economic growth.
According to the traditional Keynesian model of Economics, the large
debt spending should have been followed by a recession, whereas there
was, in fact, a large boom in economic growth.
I'd also like to present you with a quote from, "Did Government's
Largesse Help the Locals? The Implications of WWII spending for Local
Economic Activity," by economist Joseph Cullen. Through the use of
econometrics Cullen looks to prove that War Spending had little to
know effect on economic growth by comparing counties in the United
States.

The quote reads -
The lack of a longer term effect of War spending per capita on
consumption,
savings, and earnings fits into the mixed set of findings in the
literature on the impact of
public works spending.3 There were specific features of the War
spending that may have
led to the lack of an effect. First, World War II spending largely
replaced production of
private consumption and investment goods. Second, there were
significant short-run
costs when factories that normally produced civilian goods were
converted into war
production facilities in the early 1940s and than were reconverted
back to civilian
production after the War. In a number of cases, war production
facilities ended up as
scrap because they could not be converted at reasonable cost to
production of civilian
goods (Higgs 2004). Finally, high federal tax rates that were paid by
the majority of
households imposed strong fiscal drags on any stimulation to income
provided by greater
War spending.

I have plenty of other problems with the logical fallacies in
Reinhardts proposal of a world wide conspiracy, but this is the
biggest and most obvious to point out since he predicates his entire
theory on this very historical misnomer.





Great stuff.

bonkey

uncle_sam_ie wrote: »

"Crash is in September."
"yup
and the negative news that will move the market downward should occur 
Sept 15 "

Lehman brothers went bankrupt on that day.

Lets look at it a bit closer.

In the same post, he claims it would be something along the lines of massive insider trading which would herald the introduction of SOX2. Completely and totally wrong.

Lets look at the markets over the time period.

The Dow started falling (lightly) on August 29 - a whole 2 weeks earlier. They fell sharply on Sep 12, recovered slightly on Sep 15, fell sharly on the 16th, and then rose again to recover almost all of the losses since the 12th by the 19th.

It was Oct 01 before the first major, sustained fall began.

So from this can we really say that the Lehmann Brothers announcement was the news that started the markets downward - markets that were starting to fall before it happened, rose when it happened, then collapsed two weeks later?

I also notice with some irony that this thread took a "hibernation" after a prediction failed to match up with anything notable. It has come out of hibernation on claims that Reinhardt's previous predictions have been spot on.

By the same logic, any financial adviser is worth giving your money to. If we ignore when they're wrong, then of course they've got a good track-record.

If Reinhardt is predicting something for the 16th, I'd like to know in advance what it is. Retrospective "this is what he meant" fitting (e.g. where we ignore the claims of insider trading / SOX2 because the date matched something notable) is - at best - inconclusive.

People on a website claiming to be making money from his predictions...also inconclusive. Snake-oil salesmen have had shills for centuries.

Usernames predicting stuff which may or may not be him....let me guess...those which make accurate predictions are Reinhardt, and those who miss the boat are imposters?

uncle_sam_ie

Here is a link to the OZ post's. http://blogs.wsj.com/marketbeat/2009/03/13/four-at-four-yes-there-are-rallies/tab/comments/
I'll be watching the bond market.

King Mob

Well?
Anything?

King Mob

So no then?

nyarlothothep

give it 3 weeks

6th

nyarlothothep wrote: »

give it 3 weeks

From when?

nyarlothothep

when his prediction correlates with market trends, next month, these things take time to unfold.

Flamed Diving

nyarlothothep wrote: »

when his prediction correlates with market trends, next month, these things take time to unfold.

lolz

King Mob

So then his prediction for march 15th failed then?

Flamed Diving

King Mob wrote: »

So then his prediction for march 15th failed then?

No. Just wait for the market to catch up with his prediction...

:rolleyes:

King Mob

Flamed Diving wrote: »

No. Just wait for the market to catch up with his prediction...

:rolleyes:

Ah it didn't fail. It'll just happen on a completely different date then actually predicted and for reasons he hasn't stated.

I get you;)

bonkey

Flamed Diving wrote: »

No. Just wait for the market to catch up with his prediction...

:rolleyes:

I don't mean to be picky....but how long do we need to wait?

nyarlothothep

maybe he's deliberately misleading people to cause certain outcomes in the markets which will benefit his clients?

King Mob

nyarlothothep wrote: »

maybe he's deliberately misleading people to cause certain outcomes in the markets which will benefit his clients?

Or he could be wrong.

bonkey

Or....

Reinhardt claimed that he cracked the way the system was "run". Surely him getting it wrong is evidence that he's correct, because those running the system are making sure he gets it wrong to discredit him...

...or...

Reinhardt got it wrong because he no more has figured out how the system works than I have.

humanji

bonkey wrote: »

Or....

Reinhardt claimed that he cracked the way the system was "run". Surely him getting it wrong is evidence that he's correct, because those running the system are making sure he gets it wrong to discredit him...

...or...

Reinhardt got it wrong because he no more has figured out how the system works than I have.

You mean you've figured out the system and have been hiding it from us all along? :P

meglome

nyarlothothep wrote: »

maybe he's deliberately misleading people to cause certain outcomes in the markets which will benefit his clients?

I don't know much about financial markets but I was really interested to see what this guy would come up with. So far I'm unimpressed but there's no doubt he knows a lot more about this than me.

Seriously nyarlothothep are you not giving this guy way too much credit?

Mahatma coat

https://www.youtube.com/watch?v=MpfH_hgexHo

heres a good take on this reinhardt guy

SO the Iranian Bourse is rampin up a fair bit. that could be te deathnell for the US Economy.

Oh wait what was that you said, Iran are evil terrorists and we should destroy their peaceful Nuclear program and bomb them into the stonage, to Protect the almighty dollar Ahrrrrrrrrrrr Freeeeedums, yaaay

K-9

Mahatma coat wrote: »

https://www.youtube.com/watch?v=MpfH_hgexHo

heres a good take on this reinhardt guy

SO the Iranian Bourse is rampin up a fair bit. that could be te deathnell for the US Economy.

Oh wait what was that you said, Iran are evil terrorists and we should destroy their peaceful Nuclear program and bomb them into the stonage, to Protect the almighty dollar Ahrrrrrrrrrrr Freeeeedums, yaaay

Peaceful Nuclear Program?

What's a Peaceful Nuclear Program?

K-9

Mahatma coat wrote: »

https://www.youtube.com/watch?v=MpfH_hgexHo

heres a good take on this reinhardt guy

SO the Iranian Bourse is rampin up a fair bit. that could be te deathnell for the US Economy.

Oh wait what was that you said, Iran are evil terrorists and we should destroy their peaceful Nuclear program and bomb them into the stonage, to Protect the almighty dollar Ahrrrrrrrrrrr Freeeeedums, yaaay

Peaceful Nuclear Program?

What's a Peaceful Nuclear Program? What are the peaceful benefits?

Mahatma coat

Peaceful Nuclear Program?

What's a Peaceful Nuclear Program? What are the peaceful benefits?

Well a Peaceful Nuclear program would be one where Nuclear power stations are the intended goal

Benefits, I dunno maybe clean cheap electricity for the population

Anyway there is a big difference between Fuel Grade nuclear materials and Weapons grade materials, something in the order of a magnitude of ten regards the refinement process.

so can you show me anything that suggests the Iranians are trying to build something other than nuclear power plants

or are you just parroting Faux News and the MSM warmongerin?

meglome

Mahatma coat wrote: »

Well a Peaceful Nuclear program would be one where Nuclear power stations are the intended goal

Benefits, I dunno maybe clean cheap electricity for the population

Anyway there is a big difference between Fuel Grade nuclear materials and Weapons grade materials, something in the order of a magnitude of ten regards the refinement process.

so can you show me anything that suggests the Iranians are trying to build something other than nuclear power plants

or are you just parroting Faux News and the MSM warmongerin?

Let's leave aside what we think think about anything else here for a moment. Do you honestly think Iran are doing all this work for cheap power?

Man if you do you are seriously kidding yourself. Firstly it's very debatable that nuclear power is cheap and in a country with huge oil reserves it would be even less economical to do it. And believe me I'm not being anti-Iranian just anti-nuclear weapons.

Sofa_King Good

meglome wrote: »

Let's leave aside what we think think about anything else here for a moment. Do you honestly think Iran are doing all this work for cheap power?

Man if you do you are seriously kidding yourself. Firstly it's very debatable that nuclear power is cheap and in a country with huge oil reserves it would be even less economical to do it. And believe me I'm not being anti-Iranian just anti-nuclear weapons.

So with that logic you would have been in favour of the invasion of Iraq?

Here are two seperate articles on the same incident and both concerning Iran. See if you can spot the difference -

1.May 5th 08 http://www.nytimes.com/2008/05/05/world/middleeast/05iran.html?_r=1&oref=slogin

2. May 4th 08 http://www.mcclatchydc.com/251/v-print/story/35794.html