This Intervention REEKS of Desperation

Phoenix Capital Research's picture

The market is rallying on short-covering and the usual options expiration manipulation. It’s now obvious traders are gunning for 1,200 on the S&P 500. We were at 1,140 o the S&P 500 only three days ago. A 5% move in just two days is not healthy nor is it good for the market as a whole.



The economic and fundamental backdrop today is absolutely terrible. Retails sales were negative when you account for inflation. The Philly Fed index missed again. Last month we didn’t add a single job for the first time since 1945. And on and on.


The bond and credit markets are now pricing in an economic depression while stocks are roaring as though the recovery is fully in place and we’re going into another period of sustained economic growth. Which one are you going to believe?


Given that stocks mis-read the 2007 recession, the 2008 liquidity Crisis, the Euro Crisis, Greece, and the ongoing US depression, we’d suggest not betting on stocks being right this time.



The primary problem is that the world Central Banks continue to intervene to prop the markets up. We had a global intervention earlier today… forcing the US Dollar to collapse while the Euro soared.


This is an act of desperation. It is essentially an admission on the part of the Central Banks that Europe is in a full-scale liquidity crisis a la pre-Lehman.


Indeed, what’s truly amazing is to see stocks rallying on news concerning Greece… at the same time that Greece bonds are pricing in a default with 100% certainty. Makes you wonder just who is buying stocks at these levels.


Could the Fed be forcing stocks higher in anticipation of a Greek default just as it bought the market following its disappointing August 9 and Jackson Hole announcements? Or could the Fed be juicing the market higher because no QE 3 is coming next week at its FOMC meeting?


The primary point is this: stocks have been notoriously wrong on most economic developments for well over 3 years. The larger, more liquid credit and bond markets are forecasting an absolute disaster is about to unfold.


Indeed, I fully believe we‘re on the eve of another 2008-style Crash. All the signs are there. Whether it’s a Greece default, Societe General going under, or some other event, the markets are on DECON Red Alert.


If you are not prepared for a massive collapse, you need to do so now.


Indeed, I fully believe we have entered the Second Round of the Great Crisis: the Sovereign Default Round. What’s coming will involve stock crashes, civil unrest, food shortages, bank holidays and more.


Many people will lose everything in this mess. Yes, everything. However, you don’t have to be one of them. Indeed, my Surviving a Crisis Four Times Worse Than 2008 report can show you how to turn the unfolding disaster into a time of gains and profits for any investor.


Within its nine pages I explain precisely how the Second Round of the Crisis will unfold, where it will hit hardest, and the best means of profiting from it (the very investments my clients used to make triple digit returns in 2008).


Best of all, this report is 100% FREE. To pick up your copy today simply go to: and click on the OUR FREE REPORTS tab.


Good Investing!


Graham Summers


PS. We also feature four other reports ALL devoted to helping you protect yourself, your portfolio, and your loved ones from the Second Round of the Great Crisis. Whether it’s my proprietary Crash Indicator which has caught every crash in the last 25 years or the best most profitable strategy for individual investors looking to profit from the upcoming US Debt Default, my reports covers it.



Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
janus's picture


Janus is thinkin the EXACT same stuff.  puzzlin.  but i'm fixin to go and double down on my dow and s&p short if it goes much higher.

it's good to know this game is rigged.

learn it, grow balls, sleep soundly, and watch this mutha plummet!


Bansters-in-my- feces's picture


The Government is not your freind

virgilcaine's picture

Here comes the afternoon dump... schtocks Traded sideways for LONG 6 weeks.. This is going to get ugly!

Sheikh Djibouti's picture

I wouldn't say the sky is falling per se, but with increased CO2 and CH4 emissions, it's definitely heating up.

Read the La Rochelle Times

virgilcaine's picture


Gold is in for a  intermediate decline.. the Bull is due for a pause and this fits with a deflationary environment for a year or two.   SILVER falling does not bode well for Schtocks or the Economy.. going to get  bumpy.


Its part 1973. 1980 and 1931 rolled into one.. a real shyt storm is brewing. 

Tic tock's picture

Actually, if they provide cheap E and free weekends, the Centrally-planned economy can go right ahead..

Zero Govt's picture

it's not so much the cheapness as the quality of the ride (euphoria) that matters ...get that right and i'm with you on that motion aaaaaaaaall the way  ;)

chunga's picture

The "Bail us out or we'll (correction - you'll) all die campaign is in full swing.

Big Law Pimps for Banks "World Will Come to an End Scenerio" after 4th DCA Glarum Opinion - Foreclosure Hamlet

In reality...the opposite is true.

alien-IQ's picture

the "Bail us out or else..." threat is, by definition, an act of terrorism.

The fact that the Fed has supposedly decided to provide "unlimited dollar loans" to the worlds banks and thus intentionally devaluing (if not outright threatening the existence of the US dollar) is, by definition, an act of treason ( or at least it used to be when the constitution was more than just a "goddamn piece of paper).

The fact that Americans take these things in stride is testament to the utter idiocy and subservience that has plagued the nation.

There will be no protest in America. Only neighbors turning on neighbors for a bounty.

The illusion of democracy has been striped away revealing nothing more than a supine and frightened citizenry...that will never find the courage to stand up to the fraud that has taken over this country because that courage, just like democracy, never really existed here.

chunga's picture

You may very well be right. Not everyone is rolling over and playing dead. Look at what Lisa (Hamlet Founder) has done with an infinite amount of energy, a laptop, and a portable scanner. She is a nurse for crying out loud. Will it be enough to make a difference? Who knows...but we aren't stopping. I wish ZH would find a spot on the left for Foreclosure Hamlet. Tyler are you As I have said before - it is supported by volunteers - and advertising is strictly forbidden. There is no purpose to drive traffic there except to educate people.

None of this will be solved by "trickle-down" laws. It will come from the bottom up.

SheepDog-One's picture

We'd only be so lucky if the markets were on DECON alert, with the new formula DECON targeting not only cockroaches but banksters. Flood the market with it.

dumpster's picture

phonyic claim no Q3 dead on arrivial lol

the fed is printing like mad.. as is the whole western world  

so this paid advertisment .. that one should join. has already big egg on face /

no Q3  was the claim .. now desperation  as in more FEd fiat

Nate H's picture

The fed is NOT printing like mad. You people don't get how commercial balance sheets work. Small eg 200 billion printing over 3 years.... Not "like mad"

adr's picture

This really is the end. In three months the US government will find out the Fed lent trillions to Europe in exchange for worthless collateral that actually has negative value. At that point the USA will be on the hook for trillions and Washington will be screaming for Bernanke's head and the destruction of the Fed. The dollar will be worthless along with all US government bonds.

The US Fed will be dissolved but it will be replaced with the GRB as the Global Reserve Bank. All assets will be re-monetized in a global currency set by George Soros and a few other select billionaires. They will be relocated to Zurich and control the globe. There is a reason why Switzerland has mandatory military service and hidden cities built underground.

America will descend into chaos and the presidential election will be cancelled. The shadow government will be activated and Obama will take the job as America's first dictator. The black army created through the TSA and Americorps will be called in and terrorist flash mobs will force everyone into their homes for the transition.

Good luck trading your 1500 shares of LULU stock for anything of value.

WSP's picture

You can be sure that the Fed is working very closely with their friends at the ECB and the elite banking oligarch that controls them all.  They know what they are doing and you can be sure that they have their interests in mind and not the people for whom they are supposed to represent (the public).  At the end of the day, they will do what is in their own interests (the elites) to enrich themselves and their friends.   It really is hard to say how it all "looks" in terms of structure, but in the end, the structure is nothing more than a new face to continue the pillaging and looting of the masses. IOW, same shit, different day!   The only difference between today and yesterday is the elites have become so brazen in their looting they simply do not care what the masses think anymore.  That, or the mainstream propaganda ministers (the media that work for them) have the public so confused they cannot understand looting 101.

CompassionateFascist's picture

Plausible scenario for next year. But you left out a gun-slinging, secessionist wild card named Rick Perry....when Zero/Soros go to martial law, Texas and 20 other high plains, midwest, and southern states will secede. 1860----->2012

Sheikh Djibouti's picture

The Mayan prophet Nostradomuaxyl predicted this many cycles ago.

bid the soldiers shoot's picture

"The primary problem is that the world Central Banks continue to intervene to prop the markets up. "

The sooner the the Central Banks stop propping up the markets, the sooner we can get into the cattle cars.

lincolnsteffens's picture

I'd like to reserve a nice stall with a king size straw bed. For dinner hows about a little extra roughage with

my cracked wheat and molasses. No corn, it gives me terrible gas. Oh and don't forget the pond scum with my beverage.

bid the soldiers shoot's picture

I want to be near a corner of the car in case I have to get up in the middle of the night to pee.

"Pee not unto thy neighbors, if you don't want them to pee unto you. (This excludes water sports)"

jsavage's picture

same message for the last 2.5 years

SheepDog-One's picture

So did you use 2.5 years to prepare for it or just sit with your thumb up your ass making snide comments?

mikem54321's picture

Here we go again...THIS TIME IT REALLY IS THE END OF THE WORLD! BUY MY NEWSLETTER! I've seen you say this for two years straight and it is a bit tiring. Grahm think about working for Martin Weiss and Company where they do exactly the same thing you do. You will fit right in. Doesn't take a genius to say "BUY GOLD" everyday. Almost everyone that reads ZH understands this already. Only thing is, you spam ALL of us...constantly. It is like an annoying commerical that won't go away.

24KGOLD FOIL HAT's picture

Mikem @ 13:24

Then why does Tyler put him at the top for all of us to read?  He must be on here for the masses; like me.  Someone needs to say the basics for new ZHers.  I'm not new here but also am not a 10 yr industry vet.

If his newsletter causes someone to transfer $$ from TPTB to our side, he deserves his advisors fee!  For every $ taken away from TPTB, leverage [and their power] shrinks by 10$, maybe 100$!

WSP's picture

24KGold Foil Hat-----you actually made a very good point here.   The reality is the mainstream of the USSA (the sheeple) and their masters (the bankers), their herders (the government), and the propaganda ministers (the media) blast the population with lies and disinformation 24x7x365, so how is Phoenix Capital hurting anyone by at least encouraging them to do something to protect what little they may have been fortunate enough to save?  The problem with those of us that understand how corrupt and fascist our system has become is that we often are conditioned to be in defense mode 24x7x365 because we recognize that there are very few people one can trust.  As you said, if Phoenix Capital's articles help to get one person’s attention, that is better than nothing.   

With that said, I am one of those that disagrees with the basic tenants of what Phoenix Capital sells, in particular, that somehow "justice" will prevail and the free market will work---IT WON'T.   The sad reality is our markets are rigged, our financial system is the most corrupt in the history of mankind, and those that commit the financial terrorism against the sheeple of the USSA on a daily basis are very well educated on the mistakes of previous terrorist regimes like the Roman Empire---they have learned from their mistakes and are not likely to repeat them.  In many ways, reading the diatribes of Phoenix Capital almost sounds like listening to Robert Prechter’s parrot and the Elliott Wave.  While I still am not convinced that Prechter is not a paid minister of the banking cartel whose sole goal is to bring in a constant, fresh supply of shorts to be sheered, for the sake of argument I will assume he is genuine (like Phoenix Capital) in their belief that somehow in the end the free markets will work-----THEY WON'T.   What all of these writers fail to recognize is that technology and military power truly have changed the rules of the game.   When the USSA has resources it wants, it simply goes in and takes them.   When the USSA wants to loot more of the nation’s wealth (and labor), they simply print cash and guide the sheeple to slaughter.   Prior to the advent of technology, this was a very difficult task rife with extreme risks.  However, with technology, the crime bosses at all levels of the “federal” infrastructure simply carry out their will with no resistance from the sheeple other than political theatre that is well controlled by the propaganda ministers in the media.   At the end of the day, the markets will “go up” as they always have and the sheeple will be none the wiser.  Of course, inflation will outpace the markets since there are so many people who must be paid off in the corrupt market system leaving only inflation yield for the masses, but most people do not understand the basics of inflation and never will, so they blindly work their a$$es off each day and will most will retire hungry and poor. 

The bottom line is while I agree that Phoenix Capital definitely pushes the hard sell, your point is that what they do is certainly not as egregious as what our government does against us every day, so save the attacks for those that really matter.  If Phoenix Capital wakes up just one person to the widespread fraud and corruption, who cares what they are selling?   The only real risk I see is what Phoenix is selling is the same drivel that Prechter sells---that somehow the free markets will ultimately sort out the fraud which ultimately leads people to short the markets----a big mistake that the crime syndicate will use to their advantage---like today!    Short of the USSA losing its military might, I don’t see that happening because as Libya and Iraq have proven, when the Western powers want resources, they take them, plain and simple.   For everything else, there is MasterFed---fire those printing presses up, we have sheeple to shear!



24KGOLD FOIL HAT's picture

WSP @ 15:28

Thanx for the perspective.  Yep, the shitheads are more powerful now with all their tech and HFT and paper gold sidesteps.

Good point on Prechter.  He prints a bunch of confusing harmful drivel.

I see a difference btwn Phoenix and Bob P.  That being: those who follow Phoenix are for us.  Those who follow Prechter are against us.  And therfore for shithead banksters.

So......could that be why Tyler publishes Phoenix and not Prechter?

WSP's picture

When you speak of "against us" you are referring to Gold, which of course is one of the reasons why I believe Prechter is on the side of the banksters.  However, what I was referring to is Prechter's non-stop "the market will drop" tomorrow rantings which he conveniently words so that he can say pretty much whatever he wants based on market action----that man is very dangerous and very dishonest, so yes, that could be a reason. 

More likely, the reason we don't have to suffer through Prechter's rants is he is very careful about what he writes and says in public and would never put himself out there like Phoenix does.  Moreover, even for subscribers, one cannot go back and read previous issues because that would display in all its glory how Prechter is consistently wrong about everything.   I will tell you this:  if I was willing to gamble in the rigged casino, I would subscribe to Prechter and do the exact opposite of what he recommends.   One newsletter tracker did a study on Prechter and found that since 1996, following his recommendations of buying and selling the market would have netted you a loss of 98% of your capital, which of course leads me to believe that Prechter is a shill for the crime syndicate because I find it hard to believe anybody could be that bad.   More amazingly, if you chart his recommendations, your loss of capital is a nice straight down line---very little variance so that leads me to believe he is part of the crime syndicate.    Perhaps Prechter truly believes his drivel but I question that based on studies I did and the studies of others.  The only people who believe Prechter are people who have no experience with him.

With that said, you are 100% correct that Phoenix appears to be honest and sincere----I just think they underestimate the crime syndicate and also a lot of the writings do appear to have "Prechter" influence.   If Phoenix has been "prechterized" than it is understandable that they believe the market will ultimately sort everything out----I don't see that happening short of WW3, and even then, unless the USSA lost, the financial terrorism and crimes against hard working people will play on!  Actually, even if the USSA did lose, the crimes would go on since the real “owners” of this country would likely be financing both sides of the war anyway----just as they have done for hundreds of years!



24KGOLD FOIL HAT's picture

WSP @ 15:55

Prechter is fairly slick and a 98% loss on his advice is sure to happen.

Also agree on the fact that the banksters have human nature on their side; fear and greed.  But didnt we have Camelot for a few years when President Jackson destroyed the central bank?  And Vince Lombardi, he could wipe the floor with banksters.  Yes the loser bullies would grow back like mushrooms but virtue would have a chance for a few years. 

Life on earth, its always a struggle.  I hope I choose honor, so I can sleep at night.  This he who dies with the most toys wins stuff is hollow.  One man can do much if he is ready to sacrifice all.  Love conquers all and self sacrifice is the highest and truest form of love.  I'd rather be like Don Qoiuxote than the King who mocked and toyed with him!

Heres to ZH!  Long live ZH!  I havent even had a drink yet.


mikem54321's picture

If you want to learn the basics and get your daily does of FEAR! FEAR! FEAR! year after year, after year...Honestly you should go to the Weiss website at They do an excellent job of scaring the shit out of sheeple while selling their dozens of newsletters.

That is really where Grahm belongs. Not on ZH. Shills, who do nothing but scare the shit out of sheeple to sell a newsletter, should go elsewhere OR be listed as an "advertisement" off to the side.

The problem with Grahm, is he takes away the ZH spotlight from excellent creative thinkers and writers like Bruce Krasting.

Al Gorerhythm's picture

Bruce gets equal billing. WTF? He's right there in front of Graham on the contributors board. I read Bruce's and then Graham's. Both make good points and I was able to differentate between the two without having the thought that I was being spammed or coerced. Build a bridge, get over it.

24KGOLD FOIL HAT's picture

Al G @15:33

Both you and Mikem say what I have felt.  ZH needs intro, mid-level and post-doc material.  I am weary of the END OF THE WORLD, OH MY!!!! stuff.  But nothings perfect and the system could blow one day.  Not go to dust but a 50% haircut to 401K's and empty food stores for 3 weeks until the riots end.

Tyler[s] has his reasons and he is a blazing success so I still must back him up!

The plus of TEOTWAWKI is for us to have 2 or 20 or 500K in cash at home, 50 gals of water, couple guns and canned food.  Aint gonna hurt to have a few survival items if the big one doesnt happen and we have a slow steady Japan-ing of the US economy.

espirit's picture

Ain't skeerd. BTFD / dollah cost averaging in Pm's, and lol.

snakehead's picture

This post reeks of spam.

Sheikh Djibouti's picture

Aren't you supposed to stock up on spam during times of crisis?

IQ 145's picture

What difference does it make what it reeks of? Do you want to make money, or just whine? It's a goddam rally; someone will "explain" it after it's over, then you can buy it and lose on the way down.

Freddie's picture

I like his stuff better than Mad Hedge Fund Trader.

WSP's picture

Good point.  Let me add that most of the readers that attack the Mad Hedge Fund Trader (MHFT) are missing the point (and benefit) of reading his drivel.  The benefit of reading the MHFT is one can look directly into the mind and soul of a propaganda solider whose job is to lure more sheeple into the herd.   The whole corrupt USSA financial terrorism network works through the continuous fleecing of new 'subjects" and it is the job of people like the MHFT to "lure" them in to be slaughtered by the machine.   By reading the MHFT, ZH readers can stay abreast of the latest propaganda "techniques" of the corrupt propaganda ministers.   Like many of you, I used to skip over the the MHFT's drivel, but then realized that unless I wanted to visit the mainstream propaganda sites every day, it was easier to just read the MHFT and I could stay "abreast" of the latest corrupt propaganda tactics of the crime syndicate.

The bottom line is diversity is good on ZH----by allowing the crime syndicate's views to be expressed, one is relieved of the pain of having to visit mainstream cheerleading sites like CNBS to keep abreast of the latest propaganda being spewed out----let the MHFT do that for you!   Note that I have no idea (nor care) whether the MHFT is truly an idiot or a propaganda soldier (useful idiot)----at the end of the day reading his work gives you all you need to read to understand the latest marketing techniques being employed by the crime syndicate.  It matters not whether the MHFT is a useful idiot or a criminal----who cares!

falak pema's picture

Bernank needs the USD to stay low to keep levitating WS assets. The central banking  cartel agree to this move. They don't want a liquidity crisis in EU. But when it comes to that is where the can kicking seriously starts.

The only question is how long can this go on for. The answer of the central bank cartel is / as long as we want it to.

If you bet against them and short the EU liquidity pump, you do it at your own risk. 

Soros only had the BOE to bet against in 1991...just saying.