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Something Big Is Coming... and It's Going to Be BAD
Something major is occuring in the markets today.
The US economy peaked in 2007. However, throughout much of 2008, the stock market continued to rally despite the economic collapse as well as the financial system imploding.
Throughout this period the credit markets jammed up and implied something VERY BAD was in the system. However, stock investors continued to pile into stocks because, well, frankly stocks always are the last to "get it."
And when stocks finally did get it... it was quite a thing.
This same environment is occurring today. Only this time the collapse is sovereign in nature: entire countries are going bust.
We have been getting MAJOR warning signs of a collapse for months now. No less than the Bank of England, the IMF, and legendary asset management firm Franklin Templeton have warned that we are facing an epic, hellish crisis.
We got the first taste of this in August when the S&P 500 literally wiped out a year's worth of gains in two weeks The only thing that brought us back from the brink at that time was the belief that the EU mess might be solvable and a coordinated intervention from the world Central Banks.
We then had a spirited rally as the Fed and central banks went "all in" to force the stock market above its 200-DMA.
This final "hurrah" has failed and the financial system is literally imploding. The EU will be broken up in the next month or so and it is highly likely Germany will back out of the Euro altogether.
Moreover, the world central banks are now totally out of ammunition. They've spent Trillions of Dollars in bailouts, abandoned accounting standards, and even moved TRILLIONs in garbage debt onto the public's balance sheet.
None of this has worked. The credit markets are jammed up just like in 2008. Italy, the third largest bond market in the world, is on the verge of default. No one wants to fund the EFSF. China is entering a hard landing and economic collapse. The US is in a clear depression.
And on and on.
This is the single most dangerous market environment of our lifetimes. We are entering a period of massive wealth destruction. We will see bank holidays and civil unrest. We will see sovereign defaults. We will see temporary shortages in various goods and services.
So if you have not already taken steps to prepare for systemic failure, you NEED to do so NOW. We're literally at most a few months, and very likely just a few weeks from Europe's banks imploding.
On that note, if you’re looking for specific ideas to profit from this mess, 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: http://www.gainspainscapital.com and click on the OUR FREE REPORTS tab.
Good Investing!
Graham Summers
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all the more reason to let my hard earned money sit in a corrupt bank so I can enjoy that .005% yield.
Look guys, the young people of America are trying to explain it to you. All you have to do is take your money out of your bank and put it in a local credit union. OWS had a big day to get this done, recently, and $billions actually left the banks. Because of their leverage, "fractional reserve banking", when you move $100K, you take between 1 and 2 $million away from them.
It's not a big deal. Just go in to a credit union, open an account and write a check from your bank for all your money, and deposit it in your new account. It's that easy.
Figure it out. We talk about this shit all the time here. Stop loaning your slavemasters your hard earned money so they can further enslave you.
All i can say is people better be ready ...Hey,If you want to end up in the Super Dome living like an animal have at it. I don't plan to be at your local grocery store or hell-mart fighting over the last ramen noodles with Zombie meth heads ... So laugh away
No more laughing.
It's about how to stack bodies after they stripped the wallys and start invading and combing the houses and apartments one by one until the entire area looks like that Irradiated russian city when that one nuke plant blew up.
It will probably start with a major distaster like the New Madrid Earthquake 8.0 or something or a complete and total failure of the oil markets due to a hot shooting war in Iran or even a bust in the US Government with the food stamps all out.
You have a point, people will be stealing like crazy in order to eat or feed their family. To be honest with you it would be beneficial to have a weapon of some sort at your house or apt. and/or on you. Because the world of early 1900's and the world of today is totally different. And that is people have always thought in the US that we are supposed to have the best of everything irregardless of the rest of the world. But when it doesn't happen and the checks stop coming and/or they can't keep up with the rising inflation you will see craziness the like of which you have never seen.
Nothing personal Buck, but if/when TSHTF as you describe people that say, "irregardless" will be on my "to shoot" list.
See you... in my sights!
I heard that Webster gave up and actually made irregardless a word.
How about the improper use of unique? (such as 'very unique')(unique is unique)
I have a math phd friend that goes nuts when he hears people whistle.
Survival of the least tolerant and most armed.
.
So let me get this straight, if someone sneaks into your garden to steal a zucchini, your plan is to shoot them? Great plan. Hey genius, have you thought about what you'll do if its a women or child stealing??? Are you gonna kiill them too??? Maybe we can all start shooting at each other to protect the meager food rations left so we can continue living for another few weeks.
God help us.
back in the days they loaded their flint locks with rock salt... I'd have no problem peppering thieves with a stinging blast of salt chips.
I agree, people are better than that, when the collapse does come they will mostly help each other, the ones hoarding or even bragging they were right all along are the ones who will have sad little holes in vital parts of their bodies. Too bad.
Poverty and need bring people together, affluence keeps them apart. The first thing people do when they get some real money is get a house with a wall around it.
And an answering machine.
The food aisles will not be near as crowded as the ipod/blackberry aisle.
Well, you have to stock up on spices and sauces. That way, when it all goes mad max, you can eat the intruders too.
If the contents of my garden marked the thin line between survival and starvation, then fuck yes, I don't care if it were Mother Theresa herself hobbling in on crutches with a puppy in each arm; if she comes to steal then all she is going to harvest is some high-velocity lead.
If it IS Mother Theresa, aim for the head.. She's a zombie.
"Must ... eat ... brains ............. must ... eat ... brains ........... with ... a ... nice .... biryani ...."
Funny, the first time I ever ate brains (in curry sauce, no less!), it was in an Indian restaurant. But they weren't human brains. I think.
(Well, it was in Malawi after all ....)
Some of us will have to apply the Bush Doctrine of the killing of pre-emptive zucchini stealers. Sort of the Minority Report pre-crime scenario. That bunch over there might steal my tomatoes -- so they should die. Save me the trouble later on.
If he keeps saying it, it has to be true.
Graham Summers truly believes in rinse and repeat posts
With the quadruple spacing it looks more like cut-n-paste to me.
Gotta get nine pages worth somehow.
OH NO!!!, I did lose everything, all my beautiful AU & AG lost in a tragic sinkhole accident. OMG what shall I do?!
File an insurance claim
Party and get laid!
I wouldn't call them warnings so much as threats.
Something Big Is Coming...
and it's Going to Be BAD
Is it a bird?
Is it a plane?
No it's . . . Super Committee
Fear mongering
No, marketing. He wants to sell his "Absolutely free" reports?
BOO!!!
(pays)
(again)
*maybe*
Graham Summers "literally" count for this article: 3
"the financial system is literally imploding"
OH MY GOD RUN EVERYONE
it would be nice if the "redistribution system" would collapse in favor of a sound economic policy specifically the freedom of enterprize.
http://expose2.wordpress.com
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that reminds me that the post calls italy the third biggest bond market. if it's by public debt outstanding (http://en.wikipedia.org/wiki/List_of_countries_by_external_debt) italy is seventh. still large but not quite as frightening. hey wasn't mf global the seventh largest u.s. bankruptcy? hmmmm.
Hey! He said you could lose EVERYTHING so pay ATTENTION! (Sarc/off)