fbpx

The Next Recession Will Be The Last!

The Deep State Is Preparing Their CHECKMATE Move
You Must Be Ready To Go On The Attack!
DOWNLOAD THE ULTIMATE RESET GUIDE NOW!

DOOM For The Markets: “Buckle UP!” Oil & Gold Prices Signal RECESSION

Mac Slavo
June 5th, 2019
SHTFplan.com
Comments (6) Read by 2,071 people

Historically speaking, when oil and gold trade in the way they are currently, it signals “doom” for the markets or an impending recession. Oil prices are hovering around bear-market levels amid concerns over slowing global growth and the potential for tariffs to sap energy demand, while gold has been heading in the other direction.

According to Market Watch, this combination of rising gold and falling crude prices is rare. However, when it has occurred, it has delivered some horrific consequences for the broader market over the coming years. As you can see by this illustration, this is a historical “doom” signal:

“Buckle up, folks!” said Crescat Capital’s Tavi Costa, who provided the above chart via a Twitter post:

Only three other times in history precious metals surged while oil plunged! All of them happened during severe bear markets and recessions,” he wrote. “All of them happened during severe bear markets and recessions.”

Costa explained to Market Watch that the current macro setup looks a lot like the beginning of the selloff in the fourth quarter of 2018. “Gold-to-oil ratio surging, copper prices getting annihilated, corporate spreads widening, and credit markets screaming recession ahead,” he said. “The Fed’s utterly dovish comments just add to this list. Rate-cuts when late in the business cycle have never been a bullish sign. It reaffirms the many bearish macro signals we have been pointing out. Economic conditions are weakening in the face of asset bubbles everywhere.”

Chief Investment Officer of Crescat Capital, Kevin Smith, who oversees $48 million, is confident the chips will start falling in his direction relatively soon. The latest action in oil and gold isn’t hurting.“The stock market is susceptible to bouts of bullish sentiment,” he recently told Market Watch. “There is a speculative force typical of late-cycle markets that is willing to shrug off deteriorating economic data and a dashed trade deal with China. Too many want to drive that momentum train just a little bit longer. They are not deterred by arguments of excessive valuations.”

These warnings from Crescat Capital come as the markets made big gains yesterday.

If you’ve already got some gold, great! If not, it’s never too late to learn about it!

Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.
CBD Oils, Isolates, Supplements And Information
Please Spread The Word And Share This Post

Author: Mac Slavo
Views: Read by 2,071 people
Date: June 5th, 2019
Website: www.SHTFplan.com

Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

6 Comments...

Vote: Click here to vote for SHTF Plan as a Top Prepper Web Site
  1. Genius says:

    QUIT IT, YER SKEERING ME! 😮

  2. Sgt. Dale says:

    Oh NO the sky is falling the sky is falling!!!!
    Sgt.

  3. Seminole Wind says:

    Yawn, wake me up when it’s over

  4. Asshat says:

    Fine by me I don’t participate in the market. Have nothing to lose.

  5. mine not yours says:

    AOC was wrong about the 12 years, she meant to say 1 to 2 years!! Take out ALL of your 401k and blow it, then when the world doesn’t end like AOC said so….SUE HER!

  6. This is the every day ups and downs as the world turns following the Guiding Light

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Commenting Policy:

Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn't immediately available. We're not trying to censor you, the system just wants to make sure you're not a robot posting random spam.

This web site thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.