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Is the Great Crisis Finally Here?
The technical damage from yesterday’s bloodbath was severe. I’ve been warning readers of Gains Pains & Capital that we were heading for a serious collapse. Yesterday’s action was just the beginning.
Spain, which lead the “Europe is saved” party from the lows last year has just taken out its trendline. So much for the “crisis is over” proclamations. We’re heading back down in a big way.
The S&P 500 has also taken out its trendline. QE Forever is dead and buried. What will hold the market up now?
Copper is indicating that the entire post-2009 “recovery” is ending. We’re moving back into the 2008-collapse.
Real estate is totally imploding. Yesterday’s drop saw a very nasty return to “reality.”
Concerned about preparing for a market collapse? We offer a FREE Special Report you can download that outlines which investments perform best during a market rout and how to take out “insurance” on your portfolio.
You can pick up a copy here:
http://gainspainscapital.com/protect-your-portfolio/
Best Regards
Graham Summers
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yet another bear trap? god knows i have them all over my legs now.
believe i'll stick to my own analysis over graham summers.
Too soon to tell, but lots of reasons to believe...
If you have to ask whether or not the crisis is beginning, then it isn't. The crash will be steep, swift and surprising.
http://dareconomics.wordpress.com/2013/06/21/around-the-globe-06-21-2013/
The END is cancelled.
Come back next week.
didn't u kno?
The crisis is finally over!
BTFD's lol (sarc)
BTFD's lol (sarc)
I realize this is a market where none of the old adages hold true, but whatever happened to "Sell in May and go away"?
I LOVE CHAOS!!! Let the chaos begin and save me a front row seat, with George Carlin! He, too, loved chaos and would sit enthralled, as do I, when chaos, anytime, anywhere, was in process. IS THE GREAT CRISIS FINALLY HERE?? GOD, I HOPE SO!!!
"QE Forever is dead and buried." I think NOT!
Gonna need our floaties.
Like I said yesterday, no.
Look at the market hovering at center today, like the puppet masters are saying, "Well, after our little hissy fit tantrum yesterday, what's your answer?"
All one big f'ing joke... a market hanging on every word of some bald guy with a PhD that's based upon a proven to be garbage 19th century economic theory.
Only a crisis for dividend sodomites, and gold lunatics
no, but the latest leg in a very long series of incremental smack downs is
but dont worry everyone, itll all go into a transhuman holding pattern, we just need to buckle under and give up all sovereignty to the NWO
just make sure you dont organize politically and take back the power to actually overturn any of the legislation, we know how that worked out for MLK et al.
there is no NWO ...it's just another dreary Geo-political idea like socialism born in tiny minds soon to be buried in their walking/brain dead personalities
politics: it's a zombie (behaviour) modification program for village idiots
NWO is just another name for unearned aristocratic privilege, adjusted for contemporary marketing purposes...