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The Great Rig of the Last Five Years is Ending
Since 2012, when Europe was about to collapse, we’ve been told that “everything was fixed.” Everyone from finance ministers to the President of the US stated that we were in recovery and the worst was behind us.
Now, we find out that:
1) Europe is completely busted. The political class over there lied to the people, and even circumvented Democracy to keep the fraud in place. It’s telling that nationalism is on the rise there again. If your vote no longer counts… and the folks in power don’t give a flying turnip about your well being, things tend to get ugly fast.
European Financials have completely broken their trendline from the 2012 bottom:
France’s economy is imploding… gee who would have thought that socialism wouldn't work when there's no money to tax away anymore?
Ditto for Spain... which is now beginning the process of breaking into multiple countries.
And even Greece, which has been “saved” FOUR TIMES is collapsing again. Time to save it again!
2) In the US, we now know for a fact that all of the “data” showing us in recovery was in fact fictitious. This was a recovery “on paper” only.
Real unemployment is over 12%, nearly half of all US households are on some form of Government assistance, and GDP growth should be included in great works of fiction along with Moby Dick and The Scarlet Letter. Nothing is what it seems anymore. The great rig is ending...
This is all only the beginning. When the smoke clears, stocks could be 30% lower than where they are now, if not more.
The great rig of the last five years is ending. Are you prepared?
If you’ve yet to take action to prepare for the second round of the financial crisis, we offer a FREE investment report Financial Crisis "Round Two" Survival Guide that outlines easy, simple to follow strategies you can use to not only protect your portfolio from a market downturn, but actually produce profits.
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Best Regards
Phoenix Capital Research
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Tired to read the same ignorancies from "bla-bla-research". The juice of each scream is ".. we offer a FREE investment report ..".
Free chicken of my boots.
It will be over in 5 years
what's the point of raising rates? they would just as well to put restrictions on credit. QE is finished, but the Fed did manage to increase liquidity and raise rates during Greenspan, using the REPO window, and POMO. i would guess the PPT is obsolete, (they have so many other ways to control the market) or its being done by Treasury/WH. in 87 they pledged the backing of USG liquidity after the crash, now they pump the liquidity in as a preventative, until pretty soon they're all the liquidity thats left. i expect money velocity to turn negative, that is money is being taken out of circulation faster then they can print it, and a lot of that money will be buying gold (REPO has to be returned, so keep your eye on POMO) Mogambo Guru knows the REPO market well, follow him.
This idiot has been making these same predictions for at least 5 years.
I refuse to read any more newsletter advertisements. sorry; but's that it. no more.
It is difficult to time a markets collapse but that doesn't mean all is well. We have been lulled into complacency by the extraordinary actions taken by central banks and governments over the last six years. Have these actions really worked or merely masked over major flaws and problems? I contend that by not demanding the right kind of growth and by throwing money at problems we have only delayed and added to festering issues that face us in the future.
Modern Monetary Theory often seen as a fix by its many believers is to remove much of the risk ahead and guarantee that we will always be able to muddle forward. MMT is an economic theory that details the procedures and consequences of using government-issued tokens and our current units of fiat money.
These newly acquired tools like derivatives and currency swaps are suppose to allow us to print and manipulate away problems. This has created an "almost surreal" feeling of indifference towards reality. Patch after patch has been put on a flawed system but the root problems remain unaddressed. More on why debt does matter and the system is about to fail in the article below.
http://brucewilds.blogspot.com/2014/01/have-we-been-lulled-into-complacency.html
This sounds familiar. Oh yeah:
Thu, 10/16/2014 - 21:59 | 5344829 AdvancingTimeWe have been lulled into complacency by the extraordinary actions taken by central banks and governments over the last six years. Have these actions really worked or merely masked over major flaws and problems? I contend that by not demanding the right kind of growth and by throwing money at problems we have only delayed and added to festering issues that face us in the future.
Modern Monetary Theory often referred to as MMT by its many believers is to remove much of the risk ahead and guarantee that we will always be able to muddle forward. MMT also known as neochartalism is a economic theory that details the procedures and consequences of using government-issued tokens and our current units of fiat money. Newly acquired tools like derivatives and currency swaps are suppose to allow us to print and manipulate away problems. This has created an "almost surreal" feeling of indifference towards reality. More on why debt does matter and the system is about to fail in the article below.
http://brucewilds.blogspot.com/2014/01/have-we-been-lulled-into-complace...
Pump it, Baby!
It appears the Fed will pump. QE infinity, or until the pump handle breaks.
Phoenix Capital is eventually going to be right. On a long enough timeline, the success rate for every permabear is 100%.
Phoenix Capital was discredited a long time ago. It was saying the market would plunge when the S&P was as low as 800, 900 and 1,200.
Phoenix clearly haven't a clue what happens when Central Banks pump-prime risk assets, and probably don't understand markets at all.
Stocks have obviously benefitted from Government largesse (to use classic British understatement), but that was always going to happen after 2008. Wall street knew, and many small investors knew.
Yes a major fall will eventually occur, maybe tomorrow, maybe in a year or longer, but in the meantime, whatever you do, do not take Phoenix's views seriously. Look elsewhere. Macbeth springs to mind: A tale. Told by an idiot, full of sound and fury, signifying nothing.
if buying anything that is down is so easy then you are buying gold stocks with both hands and feet right ?
yes
And with your words, the declaration of Henry IV springs to mind
Down 30% to DOW 10k.
Yep, real scary lol.
Please ask for your gold back Sweden, pretty please!
Ask nicely, pretty please,,, in Chinese... ;-D
Just move the trendlines in that chart lower. Problem solved.
Wake me up when they show a hockey stick on a bonus chart.
The rig won't end as long as the plunge protection team remains.
plunge protection team, that is so yesterday
I see the drop...and agree that long term, this house-of-cards must collapse.....but I am not quite convinced that it will collapse now.
-- This could simply be the inevitable 'market tremors' that will re-occur as the Fed continues to play "hide-and-seek' with the next round of stimulus. Markets drop...sheeple get concerned...Fed prints a bit more, but maybe less than last time....repeat.
-- This could also be part of a pre-election scam.....(the possibilities here are endless depending on how inclined one is towards 'tin foil hats').
-- Lastly, this could be a larger plan to facilitate volatility by big players bailing and waiting for the next large dip,at which point they re-enter and start all over again. Even with the drop, we're still only back to earilier this year.....the total overpricing remains high.
No matter which you pick...(and there are other options I didn't bother to key in).....IMHO it is likely that we will have to endure the current overpricing for a while longer.
Plutocrats tighten siege around Europe
Dijsselbloem rings the bell
http://failedevolution.blogspot.gr/2014/10/plutocrats-tighten-siege-arou...
Without a doubt this girl was heading to Cleveland to get checked out.
The CDC told "the bitch" to "get her sorry little ass back to the Texas" and stop spreading fear and rumors.
Insofar as the contradiction in "blaming the first nurse" versus "telling nurse two to get on the phucking plane" well that's for "my friend Blomberg you worthless phucks."
Again....this is the real deal. We'll probably have 15,000 who will have contracted this killer by November.
Gotta put some more string on the dancing muppet puppet show.
Better run on down to the store for some more QE fuckers
The sooner prices and values get back to their real place, the better-off we'll ALL be...including the rich.
But the morons just refuse to see reality, and still believe that some way will be found that allows them to keep all their gains.
It's like being married to a wanna-be 'handyman'...you watch as the fool fiddles about with the pipes, making things worse. But he will never agree to calling a plumber until crisis strikes, so you know you'll have to sit there and watch this comedy until he has exhausted every idea that enters his fevered brain and you bathroom is a flooded ruin...
Why'd you marry this guy? And why haven't you killed him yet? No jury would convict you, you know...
When data is worthless, you are flying blind:
UE is either 5.9% or 12-15%, one of the two?
Either the lowest or highest since the Financial Companies blew up the world.
Just stop gathering data when it has 0 accuracy and usability. Save the money and your effot.
U/E is likely a lot higher than 10%. What's known for certain is that U/E is NOT, emphatically NOT 5%, that's a government ---you can't even call it a 'statistic' since statistics as least attempt to be accurate.
This is what's known as: Propaganda, politically motivated propaganda. And yes they can point to some obscure metrics as to how they arrived at that number, and those metrics too will be chosen for political mileage.
Well put.
I am just SHOCKED ! Speechless.....
Hell, just slap a fresh layer of chrome on that dog turd and keep on selling the shiny....