On March 15, 2012, I wrote the article, Shades of Y2K — Gary North’s bogus Apple prediction, about Gary North’s bogus October 11, 2011 prediction that:
“Apple’s relentless descent to earth is inevitable. I can prove it in 15 words.”
“There is no one to follow him. There will never be another Steve Jobs at Apple.“
In my March 15, 2012 article, I had wrote:
“The closing price on Apple shares the day before his article was $388.81 USD per share.
As of March 15, 2012, in anticipation of the new iPad 3, Apple shares traded at over $600 per share — a 54% increase in just five months since his bogus prediction.“
Now, on January 26, 2015, what had been a bogus prediction is now an outrageously stupid prediction, with Apple shares having traded on the previous Friday at $112.98, with a 7-1 stock split value of $790.86, a 103% increase over its October 2011 value.
Yet, Gary North continues to get paid subscribers and continues to get published on LewRockwell.com, showing that it’s not about ability, but consistent writing and being connected.