Continued Warnings about the Stock Market

One of Jack's most accurate predictions was the collapse of the stock market in 2008. He again predicted another collapse this summer, which did not happen. Now, he is again warning of an impending stock market collapse.

"The economy -- we see a free fall coming in the markets very soon. It cannot continue to be propped up, which it has been.We believe the Dow could drop to 6,000; sorry to say. This is not Mr. Obama's fault. It is the fault of the people in London who are pulling the strings, the ones who control many things and the people in Switzerland. God Bless."