This article was written by Michael Snyder and originally published at his Economic Collapse blog.
Editor’s Comment: The alarm bells of a looming crash have again and again sounded, with a constant stream of reports that show Americans at large have been screwed over again and again, while the same maniacal banksters who took us over the cliff last time up the ante and threaten to topple everything.
As this news repeats, and things remain gloomy for the average person, it remains apparent that few have any real confidence in those in charge, and most are just trying to hang on until the storm passes. The weight of the situation is with the Federal Reserve, who’ve made addicts of financiers, and put the whole system on artificial stimulus medication that is sure to cause suffering when dose is pulled, and sure to kill the patient if the dosage is pushed up any further than it already has been.
An Expert That Correctly Called The Last Two Stock Market Crashes Is Now Predicting Another One
by Michael Snyder
What I am about to share with you is quite stunning. A well-respected financial expert that correctly predicted the last two stock market crashes is now warning that we are right on the verge of the next one. John Hussman is a former professor of economics and international finance at the University of Michigan, and the information in his latest weekly market comment is staggering. Since 1970, there have only been a handful of times when a combination of market signals that Hussman uses have indicated that a major market peak has been reached. In 1972, 2000 and 2007 each of those peaks was followed by a dramatic stock market crash. Now, for the first time since the last financial crisis, all four of those signals appeared once again during the week of July 17th. If Hussman’s analysis is correct, this could very well mean that the next great stock market crash in the United States is imminent.
It was an excellent article by Jim Quinn of the Burning Platform that first alerted me to Hussman’s latest warning. If you don’t follow Quinn’s work already, you should, because it is excellent.
When someone is repeatedly correct about the financial markets, we should all start paying attention. Back in late 2007, Hussman warned us about what was coming in 2008, but most people did not listen.
Now he is sounding the alarm again. According to Hussman, when there is a confluence of four key market indicators, that tells us that the market has peaked and is in danger of crashing. The following comes from Newsmax…
He cited the metric among the indicators that foreshadowed declines after peaks in 1972, 2000 and 2007:
*Less than 27 percent of investment advisers polled by Investors Intelligence who say they are bearish.
*Valuations measured by the Shiller price-to-earnings ratio are greater than 18 times.
*Less than 60 percent of S&P 500 stocks above their 200-day moving averages.
*Record high on a weekly closing basis.
“The most recent warning was the week ended July 17, 2015,” Hussman said. “It’s often said that they don’t ring a bell at the top, and that’s true in many cycles. But it’s interesting that the same ‘ding’ has been heard at the most extreme peaks among them.”
It is quite rare for the market to set a new record high on a weekly closing basis and have more than 40 percent of stocks below their 200-day moving averages at the same time. That is why a confluence of all these factors is fairly uncommon. Hussman elaborated on this in his recent report…
The remaining signals (record high on a weekly closing basis, fewer than 27% bears, Shiller P/E greater than 18, fewer than 60% of S&P 500 stocks above their 200-day average), are shown below. What’s interesting about these warnings is how closely they identified the precise market peak of each cycle. Internal divergences have to be fairly extensive for the S&P 500 to register a fresh overvalued, overbullish new high with more than 40% of its component stocks already falling – it’s evidently a rare indication of a last hurrah. The 1972 warning occurred on November 17, 1972, only 7 weeks and less than 4% from the final high before the market lost half its value. The 2000 warning occurred the week of March 24, 2000, marking the exact weekly high of that bull run. The 2007 instance spanned two consecutive weekly closing highs: October 5 and October 12. The final daily high of the S&P 500 was October 9 – right in between. The most recent warning was the week ended July 17, 2015.
The following is the chart that immediately followed the paragraph in his report that you just read…
When I first took a look at that chart I could hardly believe it.
It appears that Hussman’s signals are able to indicate major stock market crashes with stunning precision.
And considering the fact that we just hit a new “ding” for the first time since the last financial crisis, what Hussman is saying is more than just a little bit ominous.
According to Hussman this is not just a recent phenomenon either. Even though advisory sentiment figures were not available back in 1929, he believes that his indicators would have given a signal that a market crash was imminent in August of that year as well…
Though advisory sentiment figures aren’t available prior to the mid-1960’s, imputed data suggest that additional instances likely include the two consecutive weeks of August 19, 1929 and August 26, 1929. We can infer unfavorable market internals in that instance because we know that cumulative NYSE breadth was declining for months before the 1929 high. The week of the exact market peak would also be included except that stocks closed down that week after registering a final high on September 3, 1929. Another likely instance, based on imputed sentiment data, is the week of November 10, 1961, which was immediately followed by a market swoon into June 1962.
Of course the past is the past, and what has happened in the past will not necessarily happen in the future.
So is Hussman wrong this time? With all of the other things that are happening in the financial world right now, I certainly would not bet against him.
Other financial professionals are concerned that a market crash could be imminent as well. The following comes from a piece authored by Andrew Adams…
More than 13% of stocks on the New York Stock Exchange are at 52-week lows, which is about 6 standard deviations above the average over the last three years (1.62%) and an extreme only seen one other time during said period (last October when the S&P 500 was percentage points away from a 10% correction).
This dichotomy has created what I believe to be the biggest question about the stock market right now – have we already experienced a stealth correction in the majority of stocks that will soon come to an end or will the market leaders finally succumb to the weight of the laggards and join in on the sell-off? The answer to this could end up being worth at least $2.2 trillion, which is how much money would essentially be wiped out of the stock market if we finally get the much-discussed 10% correction in the overall market (the total U.S. stock market capitalization was $22.5 trillion as of June 30, according to the Center for Research in Security Prices).
Sometimes, a picture is worth more than a thousand words. I could share many more quotes from the “experts” about why they are concerned about a potential stock market collapse, but instead I want to share with you a “bonus chart” that Zero Hedge posted on Tuesday…
Do you understand what that is saying?
In 2007 and 2008, junk bonds started crashing well before stocks did.
Now, we are witnessing a similar divergence. If a similar pattern holds up this time, stocks have a long, long way to fall.
Like Hussman and so many others, I believe that a stock market crash and a new financial crisis are imminent.
The month of August is usually a slow month in the financial world, so hopefully we can get through it without too much chaos. But once we roll into the months of September and October we will officially be in “the danger zone”.
Keep an eye on China, keep an eye on Europe, and keep listening for serious trouble at “too big to fail” banks all over the planet.
The next several months are going to be extremely significant, and we all need to be getting ready while we still can…
Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years.
Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The American Dream.
If you want to know what things in America are going to look like in a few years read his new book The Beginning of the End.
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Also, keep an eye on Venezuela.
“As we recently warned, the hyperinflationary collapse in Venezuala is reaching its terminal phase. With inflation soaring at least 65%, murder rates the 2nd highest in the world, and chronic food (and toilet paper shortages), the following disturbing clip shows what is rapidly becoming major social unrest in the Maduro’s socialist paradise… and perhaps more importantly, Venezuela shows us what the end game for every fiat money system looks like (and perhaps Janet and her colleagues should remember that).”
http://www.zerohedge.com/news/2015-07-29/meanwhile-venezuela-socialist-paradise-has-arrived
@KY Mom…..
But it’s different here…..right?
I mean…..the dollar has never crashed here before. So….it can’t now. Right?
It’s impossible for the United States to experience hyper-inflation and the reduction in the value of the dollar to the real value of the paper it’s printed on….right? Never mind that EVERY fiat currency in history has been reduced to nothing. It can’t happen here….now….can it?
Rhetorical questions of course. You don’t have to answer them.
Oh…I forget….you want to have lots of $10 bills in #10 cans.
I guess they will come in handy when the TP gives out.
crisp, new $10 dollar bills in #10 cans.
There, fixed it.
Add this product to your preps, my peeps. 🙂
Sorry, I forgot the link:
http://www.salt.ph/
If anyone thinks the BRIC’s Bank will be long term competitor to the FED after some initial success, they should think again:
http://www.businessinsider.com/rio-olympics-water-pollution-photos-2015-7
Add to that the venues of the Russian Olympics and you have an idea how effective and corrupt the management of the Bank will be.
No one should construe this as a defense of the FED, but there is a reason why competition to the FED hasn’t emerged before; and China ? It’s beginning to make Crony Capitalism look like a board game. 🙁
#10 cans will rust. Bury your cash in pvc pipe and wrap it in ziplock bags first. Same with any other items you may need that will fit. I buried some liberty tools sprayed with corrosion-x spray in a 6 inch pvc pipe for 7 years. When I dug them up they were just like new! corrosionx.com good stuff 🙂
@Genius……
uhm…..I think you missed my point.
Genius, remember anything you bury should also contain Moisture absorbers. Even with cash in ziplocks. Try spending moldy money. People will know there is more where that came from and follow you home. Also put some weight in the PVC container and burry it at least a foot down, as if a sudden flood would cause the container to pop up from the ground and float away. Ever see empty swimming pools pop out of the ground in a heavy rain? Shit happens.
Great advice
The War On Cash: Why Now?
“Why are governments suddenly so keen to ban physical cash? The answer appears to be that the banks and government authorities are anticipating bail-ins, steeply negative interest rates and hefty fees on cash, and they want to close any opening regular depositors might have to escape these forms of officially sanctioned theft.
The escape mechanism from bail-ins and fees on cash deposits is physical cash, and hence the sudden flurry of calls to eliminate cash as a relic of a bygone age — that is, an age when commoners had some way to safeguard their money from bail-ins and bankers’ control.”
Zerohedge
Direct link…
http://www.zerohedge.com/news/2015-07-29/war-cash-why-now
Good article, things don’t look pretty.
Though on a plus note I bought a new wood burning stove, an Englander 2400, and it should be delivered early next week.
Waiting for the first apparatchik to come around telling me I can’t use my wood stove because it contributes to global warming.
I can’t decide if I want to do a full body mount, or just put his head on the wall.
we got one, too!
If the Venezuelans had only bought the toilets that my company makes, they wouldn’t need any toilet paper. You see the whole idea is to go paperless these days so I applied it to a new line of moderately priced commodes. Here’s how they work: You sit down and pee or take a shit and when you are done you press the wipe button on a touch screen and a pair of robotic wiping hands activates. The neat thing about it is you control the wiping action yourself via the touch screen. So there is no over wiping or excessive ass touching that you may not like. It then washes your behind with water from the back of the toilet and dries your asshole with high speed jet of air. You can then pull up your pants with confidence, knowing that you have no shit left on your butt and that your crack is clean.
Lmao…. good juan!
How about you sit down to take a “democrat” and after your done, it wipes your “republican” and your ass looks as good as the president?
They didn’t take the shelves yet, so they’re not TRULY desperate.
I already scavenge for most of my tech stuff, so I can tell you, I’d take as many of the shelves as I could cart away after I was done ransacking for groceries.
Good firewood, minimally.
Also great for making it hard for people to get though your door… etc etc.
Good source of wood for other projects… I mean I could go on and on.
I’d go after the lights too.
And that ATM machine has to have some shit in it that’s good for something.
You’re doing it wrong, guys. Still thinking this is temporary, I see…
Brazil also !
Deport WDC and its counterfeit “leaders.”
Why pay Congress for failure?
Why fund WDC for failure?
There will be a stock market correction (30-40%) very soon. However, this will not be the cause of the coming depression. Just the first shoe to drop in a greater finacial collapse. 1929 was a walk in the park compared to the horrors that are approaching. When the checks stop coming in the mail for the 100 million non-working Americans, and the financial-credit markets freeze the goods and services that are dependant on credit; then you shall know the hour has arrived, as the masses panic…and utter chaos spreads thruout the land. Prepare and Pray..!!!!!
J
The checks aren’t stopping. There is no shortage of money as they create as much of it as they want. The problem will be the value of money when its quantity is divorced from productivity.
Kevin2
YUP, you should add a wheelbarrow to your list because it will take a wheelbarrow load of money to buy a roll of toilet paper, and soon!
My thought is if the USD looses a significant portion of its reserve currency status those dollars come back home as their inter nation use for transactions diminishes. It looks like it has a domino effect potential with nations holding them dump them asap because their value is dropping. As more nations dump them there is greater reason for the remaining nations to dump them.
I have no doubt that “The Powers To Be” will go to war to prevent this as they need the US relatively intact to be the de-facto Mafia Enforcer for global business. This threat and use of the military has helped maintain the oil peg (Libya & Iran). That in itself is indicative of an empire failing.
Given sufficient time the Globalist Financiers can pull off amazing slight of hand. Its the rapid dynamics that gets them.
Good point and besides an extra wheelbarrow always comes in handy.
Good, I hope he is right. Sick and tired of the ponzi scheme charade that they continue to kick down the road come to an end.
I agree. Bring it on! If it thins the herd, so be it.
My trigger finger is getting very tired waiting.
Well… I wonder what the hell im going to do. Just not sure I can come up with enough money to put enough food and water to matter. Looks like I gotta push harder and really get down to pushing what I can so I can hopefully ride this out… At least I have a gun I know how to use an a decent amount of ammo put away with a little food and water.
Go buy a case of ravioli , its better than nuthin .
While having stockpiles is by far the best method, nothing can defeat good ole’ resourcefullness and determination. Always think outside the box, because the box is the problem.
Unconventional problems require unconventional solutions.
There’s a box? That’s my problem. I’ve lived so far outside the box that people think I’m nutz.
God bless you screwed teen, I will be praying for you.
John Hussman is in the top hand full of financial thinkers extant. He has been there, done that in the investment world. His advice is about as close to “take it to the bank” as you are ever going to find.
I want to see Mr Hussmans financial statements .
If he can see a crash , he can see a boom , the dude should be loaded with money .
Just sayin , never heard of the guy.
He is very well know to the investment community.
… and yes, he is very wealthy.
Ok. So what we here are prepped, and ready!
If you aren’t you better get there ASAP!!!!!
Sgt.
Absolutely right Sarge!
Those who didn’t see what was coming are going to be deer in the headlights. We saw it long ago and started getting things in order and became the laughing stock of our families. We haven’t went on vacations, bought new vehicles or any other fooffy shit. Just preps. LOTS of preps.
We built a large coop and have raised hens for the last 5 years and got a couple turkeys this year. I bought an old tractor and 3 bottom plow along with a 6′ disc. We put up a large solar array and have two wells and septic systems. The deep forest is right across the dirt road from us.
Long story short…we will be just fine as the world takes a crap. When we get to the thinning of the herd it will get a little messy but it will be done.
I hope all of you people who post here make it through whats ahead in the coming weeks.
Good Luck!and keep preparing. It’s a gradual decline.
As Sarge would say “aim small, miss small”
Hopefully you or some of your family members don’t have any health or medical issues in that time. Otherwise you will be part of the thin herd you seem anxious for.
If you honestly thought about how terrible it would be to see the streets littered with dead bodies, the stench of this in the summer time heat. Maybe you would not wish for this.
Not to mention packs of formerly domesticated dogs roaming the streets looking for their next human. I mean meal.
People really do not realize the realities of a crash and what it really means.
Plus what about our nuclear power plants. Don’t you think those will melt down and destroy many people with radiation sickness, etc?
Just some things to think about when the water table is contaminated because of this.
P.S. you say the deep forest is across from you, but what about ticks and lyme disease? Are you willing to put down family members who become ill and are unable to keep mobile?
Stocks of food, stocks of ammo, stocks of liberty tools, stocks of medicines, stocks of water, This guy is nuts! Stocks aren’t bad lol.
I believe those in power are well aware of what is coming. I also believe that September and October will be the months. I hope other things do not come with the crash. Things like war and violence in the streets of America.
I believe it will though for sure.
I sure hope I am wrong.
May God Bless All of You and keep prepping. It just may be one horrible winter.
If you pay attention to global plans, then you will know September 2015 has always been the date for the new year zero on global governance. They will pull the plug and re-boot that month.
Take a look at Europe: Africans are now violently storming their way into countries, boldly demanding houses and welfare benefits. The sense of entitlement is off the charts. I wonder who gave them the idea they could get all sorts of free stuff in the West?
Governments will eventually be forced into fascism to regain control. Right wing parties and nationalist parties will win out as the public loses it over seeing once middle class, safe neighborhoods flooded with marauding hordes of thieving, raping, drug-dealing migrants. This is not immigration like your parents knew: these are members of global crime gangs and terrorist financing organizations and they know how to get around the laws and feed, like locusts, on the last vestiges of wealth in the West. Be warned!
Without cheap oil that runs the world economy, nothing else matters.
“If we can make it through December…”
@heyduke….I love that song! Thanx for sharing the memories! take care, CC.
hi CC
If I don’t make it the song will be
“Drop-kick me Jesus” I guess
OT-
Looking at air rifles, 1000fps (vrs 1400fps) so as to avoid the sonic crack, the neighborhood is looking like Mutual of Omaha’s Wild Kingdom with all the squirrels. Will get one with both scope and iron sights.
Tractor Supply has two decent steel cage traps, one racoon size & one chipmunk size- the pair for $25. Legal for pests compared to lead pellets & poison (what happens to the cute rodent afterwords I aint sayin).
For survival, you can reuse traps, and keep whatever critter fresh before skinning.
Then there’s always those bait blocks, or the good old $3 wooden rat trap.
(no don’t eat poisoned cats… take my word on this )
great appropriate song
Mucho cannabis will make the collapse more bearable, without a doubt in my mind. Legalize It Nationwide Now! Pacify the masses. Feed the people. Everyone with a brain knows cannabis use makes people non violent. To deny that is flatout lying BS. If everyone was stoned, there would be no wars. Growing hemp and cannabis can replace all polluting energy sources and heal the Earth at the same time. This is how you drive the evil bastards destroying our home planet out of business. Hemp seeds are nutritious beyond all the life robbing shit sold in the supermarket. Hemp can replace most everything made that people need to survive, that is the main reason it is illegal outside small parts of the U.S., to the detriment of all humanity. This miracle plant is of vital importance to the people of the Earth, it can save us from the crash course that we are headed on. This prohibition is the big lie that keeps American’s prisoners in their own land.
Hopefully more states will follow and legalize it. Once they look at the tax revenue that Colorado and others are collecting I think legalization will get lots more support.
All of the oldies should try the THC cream on the backs of their hands at the end of the day. Takes the aches away quick.
SSDI fund depleted by the end of next year
Congress Proposes Fraudulent New Law To “Fix” Social Security
ht tp://www.zerohedge.com/news/2015-07-29/congress-proposes-fraudulent-new-law-fix-social-security
Its interesting how close the economy is to a heart attack. First V tach (heart rapidly speeds up), then V fib (chaotic beat), then systole ( heart stops).
1. Rapid huge stock market increase
2. Stock market swings
3. Crash
Kevin2. Then stand back, clear….200 jouls shock, then 400 jouls shock…. nothing but strait line asistole… more eppi, bicarb, atrophene, calcium and last Isoprel…. nothing… continue compressions and O2 Bag mask on the fly to the ER..Stat…. You bring back memories.
It’ll drop only to rebound but next time even higher ….temporary hiccup
Love the combo fix for SS/SSDI…..
take the money from the SS fund which is stated to be good for 30 or so more years, and mix it with SSDI, so both can run out very soon….Maybe one of the stupidest ideas ever….if it weren’t crafted to steal further from those who worked and compound suffering for all.
@Po Rich…
That is then main doctrine of socialism….egalitarianism…spread the misery equally.
InfoWars had an article describing open manipulation of the markets http://www.infowars.com/the-stock-markets-ugly-truth-only-6-stocks-matter/ to make the market look like it wasn’t doing down. In a nut shell, by manipulating just six stocks they can make the stock market look healthy wealthy and wise!
Of course if you look under the hood it’s already on the way down already.
There are a myriad of experts predicting an imminent crash, but many will just keep listening to the pretty girls reading scripts on the financial news channels, and I must admit their bodacious ta-ta’s are very convincing!
I myself have been selling off stock, and fleeing bonds like they have the plague. If you have a 401k etc. make sure the holdings are as secure as possible among the usual highly limited choices. Blue chip stock funds and guaranteed money market cash funds would be best.
We all die in the end, 1 way or another. I think I will just trust in God. He has always kept me safe. And really not real sure living will be that great after the collapse. So it is what it is. I’m tried of waiting for it to all fall apart. I think I will just play with my kids and enjoy the time I have with them.
Thats the bottom line…
Aint nobody getting out of here alive, no matter what. Im looking forward to the exit door personally. This place (read – humans in control) is hardly an attractive option.
Genuine “trust in the cosmic plan/process” is all it takes to remain relatively happy and sane. That’s all that’s important to me. To have a smile on my dial when I take my last breath 😉
“Next Great Stock Market Crash is Imminent” Michael Snyder has used this exact same headline as least five times that I can recall. This guy is a class A fear monger. I definitely would not want him as my lawyer as his analytical skills are horrible.
Prepper tip…
Store your canned foods (from the grocery store) upside down.
If a mouse should get in your pantry and poop on cans, it would be on the bottom and not the top.
Be sure to open the cans right side up, as usual.
This prevents any contamination from getting in the food when the can is opened.
Excellent point. Been doing that for decades. It also makes the contents easier to decant after you open the can.
I always have rinsed off the top of the can before opening it. Don’t know what crawls around the supermarkets at night.
Use Hydrogen peroxide water mix to clean. Every prepper should have lots of 3% Hydrogen peroxide. I have gallons of it. It is cheap.
Good idea. I also take a paper napkin or paper towel soaked in white vinegar and wipe the top of the can before opening it in case a mouse or rat peed or pooped on it in the warehouse or during transportation and delivery.
I stocked up on gallon jugs of cheap white distilled vinegar to use for wiping dishes and utensils clean and then dipping in clean tub of water to help save water. It reduces amount of water needed to clean dishes. Vinegar kills 99.999% of bacteria and viruses and it’s cheap and stores well.
CommonCents,
Very good idea about using white vinegar to clean the tops of the cans.
I also stock and use white vinegar. It has numerous uses.
This year I cut the tops off some empty gallon size vinegar containers and used them to grow tomato seedlings. They worked well.
I’m prepped fairly well, if the sh*t is coming then let’s get on with it!!!
1vet
Don’t wish for this. Hope and Pray that it never happens as the world will be one very ugly place for a very long time.
something no one else seems to touch upon with china crashing is that by them crashing first, they will be the first to recover.
their economy will adjust to the new norm and be better positioned to ride out the ripple crashes of the other big 20 nations.
i can’t help but think china initiated this on purpose.
I see all these people buying new vehicles. Not cheap cars the 30 thousand plus dollar type SUVs trucks luxury vehicles. I hope they paid them off though I doubt it. No jobs are secure enough to take out a loan like those. When the shtf hits I don’t wanna owe thousands for a vehicle. Everybody I work with knows the company’s financial situation is bad they almost closed once already. Hmmmm why would they buy new vehicles knowing this. They are not to bright IMHO. Shit I’d like a new f150 too but don’t think it’s gonna be long before the doors close. I’ll make due for now. They are all in denial how many quarterly earnings reports that show losses does it take to get people to see a bankruptcy on the horizon.
Got Gun?
no?
Well maybe you should look in to getting a Flare Gun instead!
a modern $50. single shot flare gun will punch a dime size hole completely through a interior door and keep traveling.
check it out.
buy two of them , double fist fire and you will win the fight as they will definitely both penetrate a human body.
no license is required.
*also you can buy aluminum insert’s that turn them into single shot pistols. .22lr .38cal .45lc 9mm etc etc
*inserts cost $25.
so for $75.00 you can buy and assemble a single shot pistol that only weighs 8 ounces.
check it out.
some of you might want to add a flare gun and burning road flares to your preps for emergency signalling, warning off aggressive animals or even fire starting also.
You’ll shoot yer eye out.
Had our meager IRA with Edward Jones for 12 years. Last week they called and said come in for an appointment to discuss the eminent “market correction.” Never did that in 12 years. I don’t know Michael Snyder but I believe we’re in for a rough ride.
Golly Gee Wilikers!
What…a…a Market Crash?
Really? Golly! Oh my Heavens! Um, like…this is the FIRST I’ve ever heard of this! Jeepers! Like wowsers. Are…are you Sure? A Market Crash? Golly. I know all about Trump and Gays and stuff like that but….a Market Crash?
How can there be a Market Crash? I still have stocks in my portfolio. I know they’ve successfully hacked into Jeeps lately so maybe some bad guys have hacked into the Stock Market. Heck, we should contact the SEC and have them look into the possibilty that…(shudder to think)…that maybe this great country has been hacked! But I doubt it, the people in charge are honest….rrrright?
Trump is Kosher Approved
https://youtu.be/jinjRYNuVyo
Amen!
Black Male Immigrants in France SMACK ATTACK White French Teen Girl for not giving them her number!
Zog Forced Diversity is White Genocide!
https://www.youtube.com/watch?v=MqDs-K8H9tY
Well…it looks like the end is near. I read all the posts above mine and saw some good advice: Air guns for small game, live animal traps, etc. All good stuff. Don’t forget to get fishing yo-yo’s or something similar you can “set and forget” and check the next day. Don’t forget Heirloom seeds if you have space to plant and grow crops. Bone up on medical procedures like first aid, CPR etc and stock up on the medical items you will need long term. Rubbing alcohol is a good start. Powdered Chlorine like what you use in a swimming pool with instructions on how to purify water is also a necessity. The first 30 days will be horrific with millions fighting and dieing all over the country. The first 90 days will thin out a major portion of the population. I surmise about 40% will be dead in 90 days. The next 9 months (1 year total) will show another major reduction in population to possibly as low as 10% of the current population. Talk with your neighbors, try to awaken them so they can prepare and be ready to join forces. You will need a large group to survive what is coming or be a Lone Wolf hiding in your den underground somewhere as the world burns. Good luck all.
I correctly predicted the last three stock market crashes based on the following points:
1) i was taking a crap
2) it was on a sunny day
3) I went to bed that night.
Based on these three predictors I believe a stock market crash is imminent.
This is how stupid these “crash qualifiers” are in this article.
OK. My bet is the market keeps rising until DOW 35,000.
Reminds me of a guy on an internet forum a number of years ago when the DOW was around 8,000 that was emphatically predicting an eminent crash to 3,000 or less.
Anyone that took him seriously missed a 10,000 point move upwards.
No one ever seems to consider what the very, very powerful and wealthy financial institutions that run things can do to keep whatever market they want at whatever level they want it. It will go up or down based solely on what they feel is in their best interest, your well being is not a consideration at all.
Market tops are times of great confidence. We have confidence the powers that be will print more credit and run this baby up some more. No doubt, they will — and Hussman will be wrong, boom boom.
The smart middle aged investors I know have gone 90% cash. The old who don’t watch their investments are still sitting in 100% stock market ala “2020 retirement fund”. That’s a lot of money to be taken, for sure. The question is will TPTB take it with inflation (easiest and present), government laws (also slowly being done), or crash the market and take back the companies? I truly think they already run the companies world-wide; so, inflation and a continued stock market run-up.
If you think China’s governmental intervention in their stock market was surprising, you’d better fasten your seatbelt.
Freedom woman, when you get some info on that let us know what your investment advisor
Recommended . We need to know as some still have investments riding out there that are
Either late to this party, trapped in their funds, or diversified and trying to ride things out…………
This is the truth:
Nothing will happen between now and the end of the year.
All religions are made up for control over the mass populace.
Jesus’ words and teachings have been twisted and perverted to what we know of christianity today.
We are being lied to about our origins and history.
If you really want to know the truth study the past and you will see that they only recycle their rhetoric for each new generation.
There is nothing new under the sun. That includes booms and busts.
The United States is not favored by god.
Nor is any other country on this planet.
Everyone always believes they are on the side of what is good, right and true.
We are all pawns for the 1% to use as slave labor and cannon fodder.
Until you discover your true power and potential that lies within you (and every single person on this planet) you will always be a slave. Whether to your emotions, religion, another person, the government, a specific ideaology, etc.
I see your point, and agree on some, however; there are many references in the KJV that refer to judgment coming for the nations that have become like Sodom and Gaymmorah. Then there is the killing of the unborn babes.
From what I read and understand, there will always be hot and cold, and planting and harvesting, but there are no promises of booms and busts in economies of corrupt and evil nations.
I think the upcoming bust will not have a “recovery period/boom” in the whole context of it.
So tell me: What did Jesus really say?
And your source (the original text) for it, of course.
There are clues in the bible alluding to it. However, I fear you are so indoctrinated with your christ that you will never bother to research it and see the truth. Ones eyes cannot be opened to the truth unless they want to see it. It is all perception is it not?
I would first start with the gnostics and go from there.
The call of a massive correction / crash is coming from many places. An associate of mine with a MBA that prices true stock value when companies merge and narrowly missed buying the farm on 911 is sounding the alarm to me. He is far from a conspiracy believer.
Something is shaking for sure.
Check out the shemitah. Every 7 years a reset. 2008 crash, 2001 crash, 1994 bond crash, 1987 crash and on.
The moons are aligning.
Mouse, if that happened to my girlfriend in front of me, That thug would have regreted it badly. One broken and leg and arm and his nose mandatory. Most blacks are lowlifes undortunately. This is such a fact that i post my comment with total confidence. Its now like one of them can hurt me. My conservative black friends are sick and tired of those types. They are prepping to protect themselves from thier own people. Its not whites they are concerned about. And the hispanics are just as bad, so i am mentioning that fact also. I am currently single and dont have a good girlfriend because most of them are too dumbdown for me invest in them. If i do find one that is just like me, and we are together and someone that to her, that is a death sentence. As a martial artist, that would be and error on that attacker. Its and error even if i am by myself. Its and error if i see it happeing to woman by herself. This is what is bothering me about the calapse. My scientist friend warned us, and we see this type of behavior reminding us of whats coming to our city in the near future. Women will be in alot of trouble, yet they continue to be rude and disrespectfull to good men who are tying to get into relationships with them that are career men and are responsible men, that can take care of themselves, and still they treat these men like we are nothing. Still they are all on the quest of finding that Doctor, or that multi-billionare. They have no idea whats really coming. Hollywood has destroyed the minds of women all over this courtry and the people who run Hollywood did this on purpose. What a damn shame.
Gerald Celente has been predicting a collapse now for at least 3 years. I suppose when it happens he will say see I told you it was coming. If we listened to some of these people that told us to buy more gold and silver we would be broke too.
God’s 7 year cycle. Count 7 years back from 2015, that is 2008. Count 7 years back, and 7 years back. Every 7 years there is a crash. This one is going to be worse. Too many people, too many websites are saying September. Too much sin too, for God not to judge, especially the ruling from the supreme court on homosexual marriage for all those states. It is time for the world’s sins to be paid, but it won’t be with money. Make your peace people, the time has come.
How can the value of the American stock market equities total many multiple times more than the amount of currency/money in digital and paper form? As goes for the total earth stock markets far exceed the total value of money. Are the stocks just like the metals, rehypothicated 10X, 100X’s over?
I say this, because Seed & Company isn’t settling market trades as they are suppose to do within three days, Seed and Company are allowing brokerage just to keep running totals, not even accounting to Seed and Company the owner of each and every share traded. The brokerage banksters could be selling the same shares 1000X over