Published on Aug 25, 2015
Alex Jones talks with expert trends forecaster Gerald Celente about what he believes is coming for the United States. http://www.infowars.com/show
By Michael Snyder, on August 25th, 2015
This is exactly the type of market behavior that we would expect to see during the early stages of a major financial crisis. In every major market downturn throughout history there were big ups, big downs and giant waves of momentum, and this time around will not be any different. As I have explained repeatedly, markets tend to go up when things are calm, and they tend to go down when things get really choppy. During a market meltdown, we fully expect to see days when the stock market absolutely soars. Waves of panic selling are often followed by waves of panic buying. As you will see below, six of the ten best single day gains for the Dow Jones Industrial Average happened during the financial crisis of 2008 and 2009. So don’t be fooled for a moment by a very positive day for stocks like we are seeing on Tuesday. It is all part of the dance.
At one point on Tuesday, the Dow was up over 400 points, and many of the talking heads on television were proclaiming that the stock market had “recovered”. This is something that I predicted would happen yesterday…
And if stocks go up tomorrow (which they probably should), all of those same “experts” will be proclaiming that the “correction” is over and that everything is now fine.
No, everything is not “fine” now. The extreme volatility that we are witnessing just tells us that more trouble is coming. Early on Tuesday the market was “burning up energy” as short-term investors sought to “buy the dip”. But now that wave of panic buying is subsiding and the Dow is only up 240 points as I write this.
Overall, the Dow is still down more than 2,200 points from the peak of the market. Even though I specifically warned that a market crash was coming, I didn’t expect the Dow to be down this far in late August. Even after the “rally” we witnessed today, we are still way ahead of schedule.
The truth is that what we have seen so far is just the warm up act.
The main event will unfold during the months of September through December, and right now most people could not even conceive of the things that we are going to see in 2016.
But all along, there are going to be days when stocks fly higher. As I mentioned above, many of the “best days” in stock market history occurred right in the middle of the financial crisis of 2008 and 2009. This is a point that Jim Quinn has made very eloquently…
Six of the ten largest point gains in the history of the stock market occurred between September 2008 and March 2009. That’s right. During one of the greatest market collapses in history, the market soared by 5% to 11% in one day, six times. Here are the data points:
Do you think these factoids will be shared with the public today on the stock bubble networks? Not a chance.
And all of the technical indicators are still screaming that U.S. stocks have a long, long way to fall. For example, just check out this chart. The long-term analysis has not changed one bit.
Often, it is the short-term news that drives markets on any particular day. Tuesday began with another massive stock selloff in Asia…
The Shanghai Composite, China’s main stock exchange, fell 7.6% on Tuesday – after losing 8.5% on what state media have called China’s “Black Monday”.
It was the worst fall since 2007 and caused sharp drops in markets in the US and Europe
Tokyo’s Nikkei index had a volatile day, closing 4% lower.
In another desperate attempt to stop the bleeding, the Chinese decided to cut interest rates…
The People’s Bank of China has lowered its interest rate for the fifth time since November. The one-year lending has been reduced by 25 basis points to 4.6 percent; the one-year deposit rate has been cut by 25 basis points to 1.75 percent. The change comes into force on Wednesday.
This reduction in interest rates was cheered by investors all over the planet, and as a result there was a wave of panic buying in Europe and in the United States.
But none of the short-term activity changes the fact that global financial markets are absolutely primed for a giant crash. I like how Bill Fleckenstein put it during a recent interview with King World News…
I have no idea how this is going to play out, other than I know we are headed considerably lower. The fact that so few seem to understand what the actual problem is makes me even more confident about that point. It would seem that everyone is using the easy answer and blaming China, but that was just the catalyst. The market has been trading in a heavy sideways fashion for some time, expectations are way higher than can be met, the technical action has now deteriorated, and bad news actually matters at the same time that speculation has run rampant. As I have stated many times (and also noted the reasons why), you couldn’t create a more crash-prone environment if you specifically set out to do so.
What we can’t account for are “black swan events” which could greatly accelerate this financial crisis.
A war in the Middle East, a major natural disaster or a terror attack involving weapons of mass destruction are all examples of the kinds of things that could turn this market crash into full-blown market implosion.
As we move into the critical month of September 2015, I think that it is safe to say that we should all be ready to expect the unexpected. Our world is becoming increasingly unstable, and I am extremely concerned about the period of time that we are heading into.
The nice, comfortable period of relative stability that we have been experiencing for the past few years has come to an end. I hope that you have enjoyed the good times while you still had them.
Now we are moving into a time of tremendous chaos and rapidly shifting conditions, and it is imperative that we all work very hard to get prepared for it while we still can.
24 Aug, 2015 by Dave Hodges
Dave Hodges interviewed famed economist Joseph Meyer. The news is very grim. However, Joe did offer some ray of hope and provided very useful tips that people can follow which could result in people have a good chance of surviving what has already stated, namely, an economic collapse.
Published on Aug 24, 2015
David Knight and Harry Dent break down the latest economic trends and what's on the horizon as well as why this is just the beginning of the next collapse. www.infowars.com
Aug 24th, 2015 Dave Hodges TheCommonSenseShow.com
Good Monday Morning, the world’s stock markets are in free falls and the banks and their worthless paper currencies are next!!!
The world is in the middle of a global economic meltdown. What does that mean? The simple answer is that it will not be long until every modern country is consumed by hyperinflation resulting in the crash of most of the paper currencies on the planet. This will result in an economic shutdown. Starvation will become commonplace. Unrestrained violence will occur and eventually the world will slip into World War III.
I literally have at my finger tips two dozen economic indicators which demonstrates that total and global economic collapse is at hand. In the interest of brevity, I will only highlight two of these indicators and if these were the only indicators, an economic collapse would still be in our collective futures.
A Dead Global Economy
Three weeks ago Reuters reported that shipping freight rates for transporting containers being transported from the ports in Asia to Northern Europe dropped almost 23% to $400 per 20-foot container in the week ended on August 3, 2015 and the data was obtained from the Shanghai Containerized Freight Index. At that time, at least the crippled Baltic Dry Index was holding its own. That is not longer the case. The BDI is in total free fall. Oil prices are in free fall. Very little is moving. The Chinese Stock Market is disintegrating before our eyes. Read this chart and weep. This is the end. There will be no more warnings, only progress reports about the collapse. According to the BDI product is NOT moving!
According to this chart, very soon, nothing will be moving. This means catastrophic food shortages. Medicines will not be shipped. Those who still have jobs will not be able to drive to work. This is why China devalued its currency. And in retaliation, this is China was attacked, twice, this past week. The point of no return has been reached.
To those that are not economically not savvy to the importance to the BDI, I have prepared a brief explanation below.
The Baltic Dry Index
The Baltic Dry Index (BDI) is absolutely the best measure of global economic health. The BDI is used by economists as a leading global economic indicator because it predicts future economic activity. The BDI, uses the U.S. dollar as a benchmark and measures the global supply and the corresponding demand for commodity shipments among bulk carriers. Commodities, in the form of raw materials like grains, lumber, coal and precious metals form the backbone of the BDI. Over time, the BDI is the best indicator of global economic health because, unlike the futures market, the BDI does not engage in speculation as it provide near real time data on what and what is being shipped. The determinations made by the BDI are such an accurate indicator of economic activity because businesses don’t book freighters when they have no cargo to move. In short, the BDI is the world’s financial blood pressure measure. The BDI is said to be one day away from reaching its all-time low. Ultimately, what the BDI tells economists is that we are headed for a depression that will make 1929 look like a picnic.
Back in February of 2015, the BDI had fallen on 43 of the past 47 days because of a shipping strike. Back in February, the world was days away from a total economic shutdown. However, the crisis was resolved and product began to move and the world bought a few more moments of relative peace.
If Product Does Not Get Shipped, You Do Not Eat!
Let’s look at this issue through the lens of common sense. If raw materials are not being transported in sufficient numbers as the BDI strongly indicates, what will happen to manufacturing? To the cognitive dissonance crowd, please take off your rose colored sunglasses and honestly answer this question, what does a low BDI mean to manufacturing? Low BDI means low manufacturing, period! In turn this means less finished products coming to market. Please note that the BDI includes grains in its analysis. With fewer grains being shipped to market to be packaged and distributed to your grocery outlet, this will lead to severe food shortages. This is not fear-mongering, this is simple Economics 101. Look at the chart representing the collapse of the BDI and ask yourself, where will your Thanksgiving turkey come from?
When the full effect of this impending train wreck is felt, there will not be a government in the civilized world that will be safe from assassination. I know, some of you will say that this will never happen. Well, let’s take a look at what Paul Craig Roberts and Sam Ro said back in February about the conditions in Greece.
European Union Economic Crisis
Two days ago, the Euro declined 1.3% in one day versus the dollar, leaving many European banks fearing that the bottom is falling out of the European Union’s economy. Business Insider’s Sam Ro stated that Greek banks can no longer exchange Greece’s lowly-rated government bonds for money in the European Union. In other words, the European Union just announced the Greece’s money is worthless. What keeps an economy, in distress, rolling on day after day? The reasons are purely psychological. One Greek accepts Greek bank notes from another Greek because they have confidence that the paper currency can be exchanged for goods and services. When Greek citizens loses confidence in their ability to flip the paper money in exchange for goods and service, the Greek economy will totally collapse. The European Union’s recent decision to not honor Greek paper currency has set into effect a series of dominoes which will culminate in the Greeks not having a paper currency for daily use. Unless the European Union reverses their position, the Greek economy could be days away from total collapse. And under these highly volatile circumstances, anarchy would ensue.
The situation in Greece is so dire that Paul Craig Roberts is openly talking about the real possibility that the Greek government will be assassinated. Roberts believes that it is very possible that the Greek people will turn their back on the West and will accept Russia’s offer to become a member of the BRICS, under the Russian sphere of influence as Roberts indicated.
“That makes it difficult to make an agreement with the new Greek government to ameliorate the conditions imposed on Greece. So it makes the EU inflexible. That inflexibility gives Greece the cards to say, ‘We’re not playing your game — we’re going to play a different game and accept Russia’s offer.”
To make matters worse global oil prices are plummeting as well in this double whammy which will result in nothing being shipped.
Spain and Ireland’s economy are on the verge of collapse and have been since the summer of 2015. Germany, France and Italy would be better off to be in the Russian sphere of influence given their dependence on Russian gas shipments to these three economies. In short, the European Union will not survive. If the EU is still here in Thanksgiving, I am going to be very surprised.
Eurozone collapse is inevitable.
Although the date of the death of the European Union has yet to be determined. However, it is only a matter of time. And if Paul Craig Roberts assertion that when the Greek government will be assassinated in the coming anarchy, how long will it be until the violence crosses into Spain, Ireland, Italy and then consumes the rest of Europe? And do you expect Putin to idly stand by and not take advantage of the chaos? Stalin would have been salivating at this coming opportunity.
The incompatibility of Muslim immigration has already brought violence to the streets of Sweden, France and several other European countries will exacerbate the economic conditions. Europe is primed and ready for a total meltdown and with the health of the American economy, there is no way that we can save financial backsides of our training partners. At the end of the day, I think Paul Craig Roberts prediction may be tame. The Greek government will not be the only government running for cover when the proverbial economic poop hits the fan, the violence will spread across Europe like Ebola across West Africa.
Do you think the September date associated with the Pope addressing the United Nations is a coincidence? I recommending that all of us plan accordingly. Does this make Jade Helm’s purpose a little more clear?
THIS Last 2 DAY STOCK MARKET CRASH WAS LARGER THAN ANY 1 DAY STOCK MARKET CRASH IN U.S. HISTORY
Four Hundred of the world’s richest people lost a total of $182 billion this week, amounting to 6.3% of their total and collective wealth. These people are the last line of economic defense, it is over! And what do rich people do when the money begins to run out? ANSWER: THEY START WARS!!!
The Commodities market is at a 13 year low! The only thing that is increasing in value is gold!
These numbers make 2008 look like an economic boom!!!
Are you prepared for what is coming? Have you stored food, water and made agreements of protection with your neighbors. Are you and your family spiritually prepared? It is 30 seconds to midnight, we are out of time.
In summary, I will reiterate what I have said many times before:
This bankster run system does not work for you and me. Buy gold and silver!!!!! Again, take your money out of their banks, stop shopping in globalist stores like Walmart and begin to trade and barter and grow your own food. To do otherwise, is to continue to participate in a rigged game which will culminate in your destruction!