Monday, November 21, 2016

Predictions are poor judge of the future

I have a habit of saving predictions. I stick them in my abeyance file and look them over after they are supposed to have come true. I unearthed this one today. Make your own call on it.

James Dale Davidson, who supposedly called the last eight recessions and depressions accurately, predicted on October 20, 2015 that within six months--or by April, 2016--the following would happen.

1.   The stock market would crash by 50%
2.   Real Estate would lose 40% of its value.
3.   Savings accounts would lose 30% of their value.
4.   Gold was priced at $1,253 an ounce on 10/20/15.

Answers:
1.   The stock market recently set a new high.
2.   Real Estate has gently gone upward.
3.  Savings accounts have not lost value.
4.  Gold was $1,215 an ounce today...11.21.16

Please be careful and skeptical when you hear predictions like these for six or twelve months ahead.
God gave each of us a brain and a way to make a living in life. Stay to that goal.
     May it go well with you. Jim Misko, author

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