Michael Burry: Everyone Will Be Wiped Out In Next 17 Days

Better Brain, Better Game!

Now a days Dr Burry is going Viral on Youtube due to his recent prediction about the US economy and Stock market.
Have you ever wondered Why so many people are paying attention to a medical doctor and his economic predictions??
Well Let me give you an example that convince you into watching as well. Back in 2005 when no one knew about the upcoming financial crisis, Dr. Burry started placing his bets on the collapse of financial system.
In May 2005, Burry anticipated a housing crash and as a result he bought60 million of Credit Default Swap (CDS) from Deutsche Bank,and shorted10million each on 6 different bonds.
And as per his research and anticipation, the US mortgage backed security, which is known to be a respectable investment product, turned in to a deceptive time bomb. In consequence to this crash, where Americans lost $9.8 trillion in wealth as their home values plummeted and their retirement accounts vaporized. Michael Burry made $100 million dollars of personal profits, whereas he made $700 million for his investors from this single bet.
However, according to him, it was not a gamble, in fact he did huge amount of research and was sure about the outcome.
It took two years for the rest of the world to understand what Burry anticipated in 2005.
S&P500 top out to 1,576 points on11thof October 2007. While only after a year and half, on10thof March 2009the market closed at 676 points. A crash of 57%.
I know, you must be thinking why I am telling you something which has already happened years ago.
Well the answer to this question is;
“History is currently repeating itself”

Link To Join On Patreon & Discord

Brain & Body Power Free Trial

x
Benefits
One On One Options Trading Training Sessions every week. A to Z of Options Covered
Chat Support during US stock market hours. You can ask any question.
Already 1000 plus members to chat and interact. Know what others are buying etc.
Weekly Stock market commentary.
Weekly Alert on options trades and buying selling opportunities.
Timely Up to date commentary on changing stock market scenarios.
Ask any question during US stock market hours.
All above benefits for a monthly charge of just $20 dollars. Limited time offer, actual price is 120 dollars per month.

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *