On October 21st Casey Research charged its bleating flock $20 for its “Prepare For the 2014 Crash” report. And after urging you on by saying (and we quote)…
“Now is the time to take action. Not in the next few months or even in the next few weeks—Right now.”
…in the panic-laden Crash report, let’s see how the Doug Casey prediction is panning out. Unlike the memory-lapsing Olivier Garret who tried to lull us into some revisionist bullshit on November 26th, we at IKN are clear about the main calls and trade recos offered by Casey Research in its paid-for panic call in October. The integral parts of the plan were the following:
- The S&P500 hasn’t crashed, it’s 2 1/2 % over the last eight weeks
- Also true for KRE, which is up 3%
- IYT has been higher of course, but it’s still 5% up in the period
- Meanwhile, the safe haven call of gold, the one that should have gone up, is down by nearly 5% in the period.