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Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?
Submitted by Michael Snyder via The Economic Collapse blog,
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. The truth is that what matters to people in this country is the health of their own stock portfolios and retirement accounts. There are a lot of people out there that are very afraid of what could happen if the money that they have worked so hard to save gets wiped out in a sudden financial collapse. And right now there is an unprecedented amount of buzz about the potential for a giant stock market crash by the end of this calendar year. In fact, I don’t think that I have ever seen more experts come out with bold predictions that a stock market crash will happen within a very specific period of time.
The following is a sampling of some of the experts that have made very bold proclamations about the rest of this year over the past few weeks. Many of these individuals are putting their credibility on the line by proclaiming that a stock market crash is just around the corner…
-Tom McClellan says that we are heading for an “ugly decline” and that there will be “nothing good for bulls for the rest of the year”…
Tom McClellan loves doing what financial advisers tell you not to do. He tries to time the financial markets — to the exact day, if his charts align just right.
At the moment, they are telling him to be bullish on the stock market for all of his trading time frames, including those that trade every few days, weeks and months. But bulls should be ready to flee, as soon as this week.
That’s because McClellan said his timing models suggest “THE” top in stocks will be hit some time between Aug. 20 and Aug. 26. He expects “nothing good for the bulls for the rest of the year,” he said in a phone interview with MarketWatch.
McClellan doesn’t have a strong view on how far stocks could fall, just that it will probably be an “ugly decline” lasting into early 2016.
-Harry Dent recently stated that we are just “weeks away” from a “global financial collapse“.
-Gerald Celente says that “the global economy has collapsed” and he is “predicting that we are going to see a global stock market crash before the end of the year“.
-Larry Edelson insists that he is “100% confident” that a global financial crisis will be triggered “within the next few months”…
“On October 7, 2015, the first economic supercycle since 1929 will trigger a global financial crisis of epic proportions. It will bring Europe, Japan and the United States to their knees, sending nearly one billion human beings on a roller-coaster ride through hell for the next five years. A ride like no generation has ever seen. I am 100% confident it will hit within the next few months.”
-Jeff Berwick, the editor of the Dollar Vigilante, says that there is “enough going on in September to have me incredibly curious and concerned about what’s going to happen“.
-Egon von Greyerz recently explained that he fears “that this coming September – October all hell will break loose in the world economy and markets“.
-Even the mainstream media is issuing ominous warnings now. Just a few days ago, one of the most important newspapers in the entire world published a major story about the coming crisis under this headline: “Doomsday clock for global market crash strikes one minute to midnight as central banks lose control“.
-The Bank for International Settlements and the IMF have jumped on the prediction bandwagon as well. The following comes from a recent piece by Brandon Smith…
The BIS warns that the world is currently defenseless against the next market crisis. I would point out that the BIS has a record of predicting economic crashes, including back in 2007 just before the derivatives and credit crisis began. This ability to foresee fiscal disasters is far more likely due to the fact that the BIS is the dominant force in global central banking and is the cause of crisis, rather than merely a predictor of crisis. That is to say, it is easy to predict disasters you yourself are about to initiate.
It is no mistake that the warnings from the BIS and the IMF tend to come too little too late, or that they are beginning to compose cautionary press releases today that sound much like what alternative analysts were saying a few years ago. The goal of these globalist organizations is not to help people prepare, only to set themselves up as Johnny-come-lately prognosticators so that after a collapse they can claim they warned us all, which can then be used as a rationalization for why they are the best people to administrate the economies of the planet as a whole.
So why are so many prominent voices now warning that a global financial crisis is imminent?
The answer is actually very simple.
A global financial crisis is imminent.
Back on June 25th, I issued a red alert for the last six months of 2015 before any of these other guys issued their warnings.
When I first issued my alert, things were still seemingly very calm in the financial world, and a lot of people out there thought that I was nuts.
Well, here we are just a couple of months later and all hell is breaking loose. 23 global stock markets are crashing, the price of oil has been imploding, a new currency war has erupted, industrial commodities are plunging just like they did prior to the market crash of 2008, a full-blown financial crisis has gripped South America with fear, and junk bonds are sending some very ominous signals.
In the U.S., things are beginning to slowly unravel. The Dow is now down over 1200 points from the peak of the market. At this point, it isn’t going to take much to push us into a bear market.
So enjoy what is left of August.
September is right around the corner, and if the experts that I mentioned above are correct, then it is likely to be one wild month.
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Cool, it should be a fun ride. Let's get it on.
All the players expect somebody else to pick up the check for their binge are unhappy that they can't find anybody to do it.....
Not sure about this guy but his list you can't argue with....heed these warnings
https://www.youtube.com/watch?v=5eR8sK0fSPQ
https://www.youtube.com/watch?v=9OpIbiFmY60
http://www.naturalnews.com/050863_cyber_warfare_China_destruction_of_Ame...
Personally, I went outside and ran in circles with my arms above my head, screaming for 30 minutes. But I didn't freak out.
Were you clothed?
Painting yourself purple for extra points.....
"Were you clothed?"
Yes but I had my member pulled out so that all arms were extended.
Quick... I need a shot of false optimism here. Where's Million Dollar Bonus when you need him?
Running through the subways of New York naked with a large green $ on his back.
Well "somebody" made September 23 a pretty popular date on the Internet (on these esoteric sites).
Did it last for more than 4 hours?
I called my doctor...
I call BS.
Martin Armstrong has been predicting a major shift in capital flows at the end of Sept 2015 for many years.
All of these others, while notable in their own right, are extremely late to the party.
Armstrong has indeed. But he has also stated that manipulation does not take place, gold will crash, before turning higher, that manipulation does take place, that there will be no crash but a revolt
In short, he seems to be blowing hot and cold. With a bit of skill, he can claim to be right on all counts with some of his claims.
I have tried to go back and check his earlier statements, but somehow they seem to have fallen of his site.
I have one big problem with his predictions, and that is that his predictions, even if correct, will influence behaviour.
I would like to believe that humans are more than simple programmed idiots running over the cliff in one happy group.
I think he is clever, and I also think he will be dead wrong, on gold at least!
That Marty is headstrong should be self evident from how long he was willing to sit in jail rather than comply with a contempt order. When he talks about market manipulation, it needs to viewed in that context and in light of a bunch of gold bugs who picked a (seemingly) personal fight with him over one of his gold calls (despite many of them being incapable of identifying up from down at real trading desk). It may be somewhat jeuvenile and unprofessional, but it is what is it is, and ignoring it can color one's interpretation of his writings unprofitably.
Of course manipulation occurs -- anytime someone says that if the price of x in relation to price point y at time z will determine the near term trend, it is an admission (and a blueprint) for manipulation which can magnify or reduce the amplitude dominant trend, and extend or shorten the wavelength of the current cycle. But professionals do this for profit, and professionals open and close positions in order to generate that profit. They hedge their open positions to reduce the risk of financial loss, and they trade for both their own books as well as client books (in addition to trading against their clients for their own profit).
The fantasy of the omnipresent short position backed by an unlimited fiat printing press is exactly that, a fantasy, by, and of- amateurs, who really don't know what the fuck they are talking about, because they only know what they think they know because they read it on the interwebs somewhere.
As to the predictions- he really needs to write a Martian-to-English dictionary or google translation algorithm (in addition to hiring a proofreader), but on a long enough timeline- the business really is about being right at least 51% of the time, and the loyalty and propensity to consume of clients is determined by how far one exceeds that 51% benchmark, unless one is in the brand name/market share (GS/JPM et al) sheeple suckering business.
Urban - Good stuff and funny too. We as a species seem to be able to accelerate or decelerate evolution but think Soros Reflexivity theory on snapback has merit.
There is a similar theory in physics that if you went back in time and told your grandfather not to marry your grandmother somehow it would happen anyways. Not proven, its theory but possible.
As an aside another theory is that if you did this you wouldn't exist in that particular timeline/space of which there are many but you still exists in another timeline.
That is many worlds theory and one I subscribe to. What supports this theory is we know particles can and do exist in multiple places, generally as positive and negatives.
Nobody really knows but we're pretty close in decades time to finding out, though I think even if possible going back in time this is a waste of energy, dont want to get too far off the subject of why here but its fun to think about.
When I left the alternate universe that is university life... much of my knowledge of non-applied physics didn't make the transition, but I had two issues with the theory, at least as it was written then- one, that there could be infinite manifestations (as opposed to finite) of the infinite possibilities and two, that the universes of the multiverse are parallel (i.e. non-intersecting). It could be that my perspective is distorted because when I worked in banking there was a joke that I was a 25-year old trapped in a 50-year old's body after a couple years of 90-hour work weeks, and now having left banking the joke is that I'm a 50-year old trapped in a 25-year old's body despite still sometimes pulling 90-hour work weeks, which would imply the possibility of intersection particularly since banksters and the rest of us seem to occupy the same time and space. Or it could be that my perspective is limited, because my graduate focus was elsewhere. Regardless, perspective seems to critical to the resolving the equation.
Divine Right - What I take away from the article and agree with is basically, we don't drive the bus. Those that do are not going to say exactly when. So I'll keep dancing until the music stops.
Jim Grant of Brookings thinks 2017. He is politically connected a lot more to CB's and senior politicians than many if not all of us here.
In any event, if I die tomorrow of heart attack or the very worst does happen, I am grateful for a lot of good inputs over the years. I'll see you on the other side one way or another.
C'mon!!
Where's our "SINCE LEHMAN" fix ??
It's Snyder! Where's the list?? This piece is incomplete!
gee another article in which snyder predicts the end of the world.
EVENTUALLY he'll get the timing right.
Back on June 25th, I issued a red alert for the last six months of 2015 ...
FFS. Snyder has been issuing red alerts for the last several years. Who does he think he is kidding?
I hope the trump wall is complete
I don't think you understand the implications of a financial collapse in a welfare/warfare state. It means the guests will go home (Thoreau said in Walden if you want guests to leave don't feed them). The Trump wall would only keep here longer.
TBD - If Trump was serious he would discuss lobbying and not stop. You do have a Congress and Senate to persuade to help restore the rule of law and all I hear from him is "They gotta go, we ether have a country or not."
I want to hear "We are a nation of laws, founded as a Republic. By permitting lobbying, it has nearly destroyed our Republic. All issues discussed are a symptom of lobbying and lobbying is the cause.
You cant have sound money and lobbying. You can't have true Capitalism and lobbying. Fences on 1,500 miles of borders are easy to evade. I want to talk about how lobbies of corporations have captured our government.
Illegal aliens would not be here without corporations lobbying Washington for them to either buy there vote with your tax dollars or to pay less than a living wage while such get entitlements you the tax payer pay for and with aid from you're representatives in your own back yard. Same deal with bad trade with China. Corporations like banks and GE getting bailouts while shipping the jobs overseas and now becoming so spoiled and daring they threaten to outsource the last ten jobs remaining to them.
As President, I won't sign any bills that take longer than an hour for all Americans to read and understand. That is what a President mainly does, sign bills or not. That and be a commandeer in chief but right now, we're waging wars without Congressional approval.
While there are legitimate energy concerns, too much is now waged for personal, powerful vested interests between government and corporations. You the tax payer are subsidizing ALL of it. Now that you know you should know your job is to not only elect a President that will not stop talking about lobbying, but electing representatives that will also do the same."
Great post except for the last part. The lobbyists own the vote count.
Raging Debate: I don't believe Mr. Trump is serious howewever he has brought some levity into the race. For that I am thankful because life in the world has been less than pleasant. E.G. It appears the Russians are about the annex the Donbass which is likely to give the neo-cons/Nazis an excuse to start a major war. Finally, what other candidate is giving free helicopter rides? Take care.
TBD - Yeah, he has added some value but like I said...
As a side note, I find it interesting that when you go out to MarketWatch.com the only two categories that they don't list a bar graph for is gold and silver (futures). Apparently they only like to graph pm when it is going down and not up..
http://www.marketwatch.com/
I believe it will be fall 2016 not this fall. Because like in 08 the crash will be artificially created in order to effect the election.
No 'elections' --> martial law/pure tyranny ahead.
Ummm, I hope you are being sarcastic about it being a fun ride. I hope you hedged to pay bills on little or no income for at least a few months. There are a couple of lenders that are positioning for post crash for small businesses that have serious cash, one just went public which is OnDeck. They run a tight ship.
I talked to a guy at the company and near the end of the conversation he said they are warning small businesses they may want to wait a bit for expansion loans.
Anyways, the good news is we are heading back to a Save and Invest economy. The bad news is whenever this does fully crash (my business sector in recession already) we're probably looking at another year to two of increasing, harsh pain. Most will still be able to buy Pop-Tarts but less of them than now.
If true unemployment is 12% I will say we'll see it up to 20% for a solid year if not more. It is going to effect everybody except those with serious assets and liquidity and such are very hedged await for the the second round of this W shaped depression, waiting for blood in the streets so to speak.
Ill get some new toys cheap. I have the three B's for the worst also but we all had better hope to God we never really need them...
Geopolitics is a big wild card now. Those possibilities are a lot scarier during this part of the cycle.
"The BIS warns that the world is currently defenseless against the next market crisis."
So basically they're saying they're going to cause a crash.
and of course that was the root of *guffaw* madame lagarde's instruction on numerology
no, they're saying that the only tool left in the box is printing, as base interest rates can't be lowered further.
and they will print. oh yes they will.
don't expect any of this freshly printed cash to arrive in your bank account until all inflation has been accounted for, however.
EscapeKey - I don't agree. You create hyperinflation now you get regime change, military coup. Why risk that if your in senior leadership?
Personally, if its me and am a senior politician I am hedged and waiting to buy assets on the cheap like 2008. The hardest hit on the way up and down are smaller producers which have no power. That is why they get taxed up the arsehole in this 70 year cycle of the model.
The richest escape taxation (at first) then the middle class which are a lot of these producers get it in the chute. The poor have little to tax but get it in the chute in the first stage of the event in inflation. Think Joe Six pack is going to complain if gas goes down to $1.95 and beer goes down to $4 a sixer in deflation?
Since half the country literally is on entitlements they aren't going to say boo, besides many dont know the difference between lobbying power of 20 employees (basically zero) and megacorp (massive). So lots of folks just believe (especially on left) the prooganda all profit is bad. Those on the right state the state is attacking profits which of course leaves out the selective nature of throwing the small producer on the bonfire to keep megacorps warm and toasty.
Central Banking is a business model. They have chosen a W shaped event that began in 2008.
That all said, the governments have the guns and therefore ultimate say. Central Banking is the unspoken G8 member, a sort of Kingmaker. Like all models or empires, this one will end and not the easy way when it comes to empire.
Fellas if you like the movie fight club, watch mr robot on usa. Its like a breath of fresh air. You can thank me later
I work in tech and let me tell you, that is one awesome show. Also you don't need to be a techie to enjoy it, they have just enough to make us nerds happy.
Hell yeah. The last scene in the last episode sealed the deal for me. Hard to explain. Fight club, zero hedge, mr robot... Its coming full circle
nice show yeah https://www.youtube.com/watch?v=Ug4fRXGyIak
Next week is the finale of this great show. I recommend anyone interested watch the first 8 episodes.
Yay! Crash it down!!
predicting ten of the last two crashes. lulz
rhinoceros? imposseros! [/cowardly lion]
i think that's his business plan. he's got a range of websites all predicting chaos, just with slightly different angles.
he's no less of a sell-out than that ginger cunt who founded business insider.
We keep forgetting that this is a slow motion train wreck that was 14 years in the making but accelerated sharply 7 years ago!
"We keep forgetting that this is a slow motion train wreck that was 102 years in the making but accelerated sharply 14 years ago!"
FIFY
BINGO.
"We keep forgetting that this is a slow motion train wreck that was 102 years in the making but accelerated sharply 14 years ago!"
"."
We've been in financial collapse since at least 2008. All the printing has been to delay the inevitably-following commercial collapse, which is when the oil tankers and food trucks stop running. It hasn't been to get us out of financial collapse. Why delay it? So you can stock up with, say, 3 billion rounds of ammunition, and equip the police with military equipment and weapons, and also pillage the remaining supplies of gold.
Orlov talks about this quite eloquently. Collapse is a continuum. When commercial collapse comes I have no fucking clue, but it seems to me it could happen any day now. Or not. Be prepared.
If it crashes will gold crash along with it or will it spike? Need to know before I can buy some more gold.
in my experince gold and all other commodities will crash, but Gold will lead all of them coming back. So get in to cash, watch the melt down happen, buy gold, rotate into real estate, than Stocks, rinse repeat. But who really knows.
i agree. we already see gold starting to head back up again. lots of people realize that when this hurricane hits, the levees still haven't been rebuilt...
Gold is not a commodity.
"in my experince gold and all other commodities will crash"
Correct, Bastiat. The price of paper gold will crash, but good luck finding anyone to sell you metal at ANY price.
Duck and cover...
it is money
Move cautiously into real estate. Local .gov., county .gov, state .gov and national .gov are going to want their vig and you are a captured audience.
The great conjunction is upon us. https://youtu.be/C4Wl7grhX2g
nonsense
THE CRASH will happen in the Summer of 2015...where do all these wackos get this stuff about 'The Fall'???
Rick Ackerman agrees.
the summer solstice ends in 31 days...
The people at the top of the pyramid are into some weird pagan shit, So I wouldn't doubt that being part of it. Not that monotheism isn't weird shit as well.
Oh, but Satanism isn't pagan at all. But as for the timing: 9/23 or 9/24 have been hinted at a lot in esoteric circles, and then there's that fourth blood moon on 9/28. And Elul 29 is 9/13, a Sunday, and previous crashes have always happened around that date on Shemitah years. So, my guess is somewhere between 9/11 and 9/28, all hell breaks loose.
the summer solstice ends in 31 days...
Um, no ... The summer solstice started and ended this year at 16:38 UT on June 21
I'm sure he meant autumnal equinox. ;-)
9-11-2015
My guess
Put me down for 10/5/15
Anytime during the Mercury Retrograde (9/17-10/9). Astrology FTW.
just in time for christmas! who has the popcorn.
but wait, would another round of QE ruin the surprise?
MSM pulling the plug on the "everything is awesome" narative
Because they want to see Janet "The Bulldog" Yellen face Christine "The Weimaraner" Lagarde in the Lingerie Fighting Championships.
I just threw up a little in my mouth...
Thats OK, I threw up a lot.
Maybe if you're nice, you can get Janet or Christine to throw up in your mouth.
Now enjoy the rest of your day.
General - Now that was hillarious banking humor. Thanks for the chuckle.
Anyone know where the real Tyler's who sold this site to are? Or what their up to? This site has turned into another Quasi Alternative media Pressitiute site.
Anyone know where the real Tyler's who sold this site to are? Or what their up to? This site has turned into another Quasi Alternative media Pressitiute site.
Nobody has mentioned that ZH is now owned by ABC Media. That's as main stream as it gets in my book and likely has a lot to do with the "changes" that people are pointing out.
Recently I posted a comment in response to George Washington Blog's post - "What Should We Do" (or something to that effect) - in which I embedded a piece written by Clif High (the webot guy) of halfpasthuman.com. Clif's piece essentially said that much of the financial shenanigans going on are related to the existence of a "break-away civilization" (i.e. the ELITE of the elites) that has monopolized most if not all of the high tech that has gone black over the last 50 years or so and has been siphoning resources from the rest of us for about that long. He further stated that people like Mac Keiser and Catheren Austin Fits have acknowledged this as being true yet no one in the MSM or even ZH will discuss this issue.
My preface to his piece wondered if maybe the 8.5 TRILLION DOLLARS recently reported that the PentaCon cannot account for since 1996 has something to do with this issue. Anyway, within 2 hours of my posting that comment the article was taken down from the top of the ZH home page and completely removed from the article index. Smacks of big-time censorship to me and proves that ZH today is nothing like the "old days".
Thank you Dickweed,
You're welcome . . . and it is Max Keiser not "Mac Keiser". For some unusual reason my ability to edit my comment was abruptly cut off by ZH. Hmmmm . . . . .
That GW article was up for at least a day Dickweed. I know for my iPhone that happens a lot about commenting but looks more to do with ISP or IOS.
I draw the line at ZH on doom porn, going onto Alex Jones mixes too much illegitimate fears with real ones. You seem like the type that visits there.
ABC, inc is not affiliated with American Broadcasting Corp. i can do a trace route on who owns the domain now but since I know these other things I wont fall for the paranoia.
The site was started by a few chicks in Switzerland (or was it Sweden?). They put a lot of time and there own resources getting this set up to educate. If they sold then GOOD! I guess all servants are sellouts right? You put in a couple hundred grand of money and time into your own site and then run your mouth a couple years later.
As for elite and technology that is actually a story as old as the first stivk used as a weapon. Blankfein was on Charlie Rose and stated as much , it isnt conspiracy. Some of you people have good reason for fear and hedging but are nearing being so twacked as to make crazy seem sane.
Allow me to sum it up from a cosmic perspective. This is all evolution and we are nearing the end of it. In evolution, people win the vagina lottery born into wealth or become wealthy because of being fortunate to be a good competitor and scale the castle so to speak for the wealth. If you want it one can use the Internet other than Facebook, porn and games to level the playing field. But then you need to learn to be a cunning reborn lion or a very agile gazelle. It requires learning patience. Google the poster of 'The Lion and Gazelle'.
There is some decent intent in the world to get to our final phase of evolution with less heartache. But a lot of wolves too which preyed on the excess which the lunch is near over. It is wise to learn how to not be robbed and made lunch at any time in history. To everything, a season.
Dickweed indeed. That article by GW was just pushed back to page 2
http://www.zerohedge.com/contributing-editors?page=1
Dow 20,000!
Just get on with it. This coming crash is like the coming Grexit or the coming rate rises: much talked about but it NEVER happens.
Sorry, this is not the crash you are looking for. When the real crash comes you will have blinked and missed it.
Yup, I have to think the markets will go limit down and then open for 1.5 seconds of business each morning, ensuring the fastest of the fast get out and nobody else. Of course, they would need someone to buy, but that's what hedge funds and pension funds are for.
@ Dr. Engali,
Question, would you agree or disagree this site has dramatically changed from what it once was under the original Tyler's fight club. In my humble opinion, it's turned into, under the new owners, in Sibel Edmonds words: Quasi Alternative Media outlet.
This site is terrible compared to what it used to be. In the early days of the Hedge a person would click their refresh constantly hoping for a new article (which were few and far between) and a person could learn a lot if not more from the dialogue on each article. Now you can't even type a response before there is another click bait no info article posted. That sad part is, as bad as this site has become, I haven't found a better alternative.
Edit: quick story. I remember the day when I first noticed a difference. It was when Kito and I had our sandwich bet. We both made a comment on the same post that went something like this; " damn Tyler, what's up with so many articles? I can barely keep up."
"... sad part is, as bad
as this site has become,
I haven't found a better alternative ..."
I must agree with Dr. Engali.
This very well may be the start. Ceo of major copper producer in meeting the other day is literally shitting a brick. All equip and job money, tens upon tens of millions has all been moved into general fund. They according to their own words are bracing for events and market conditions "unique" from their inception. They are beyond worried.
If anyone is interested you are all welcome to discuss survival over at www.gunsgrubandgold.com because its coming....
It would be great to have you guys join...
The golden age was back when Marla was still around. I wonder how many around here nowadays remember her.
Not too many I expect. Open forum night was pretty cool too. There used to be a vast diversity of opinions and a deep pool of knowledge to pull from. I was thinking about how exciting it was to finally get let off the front porch so I could participate. I wonder if they still make people wait or if the just approve them right away.
So, the question is still posed. Where do we go from here?
Come join www.gunsgrubandgold.com today! Looking for members, writers etc. It will be fun and informative....
I see I am one of the few with 5+ years of membership here! 5+ years of banging my head against the wall, I tell you..
Chupa - Quality wise I can agree to a degree but as Dr. Engali says there isnt much better which says to me there is opportunity for a competitor. I'll jump back into the ring but my platform which did good on beta was far more expansive than a simple blog, it was a digital publishing competitor to Wordpress and Blogspot.
For now, have another bigger opp to normalize a market I started and crash (but not zombieland outcome) actually helps me and I waited near fifteen years like a patient little lion. Now its time to munch. Broke but philanthropic innovators are little help to anyone. The mere act of working for a company is compromise with capital. With that logic Yeah, everyone is a sellout. Fuck off.
My reason for starting my platform in 2008 was philathropic driven but it takes funding and frankly, my ideology got in the way of getting it funded at a key time.
It required a compromise with capital which is unavoidable (the ZH ads). Paul Craig Roberts bitches about lack of donations. That was the same deal here and my platform. So now either install ad blocker or eat your spam and like it. We bitch about wolves not giving back to society while servants in alternative media were beggars for years. Now a couple can make a living and your upset? Fuck off.
Oh, I discovered authors have very big egos. A lot of well intended authors wanted to be an Army of One. Yves Smith is one, Karl Denninger another Jim Quinn, I could go one and on. Both Yves and Karl blocked me on approach to solving a market problem. There egos got in the way. Fuck off
So there are solutions to harness this as they get tired and capitulate toward collaberation (which is what I wanted in 2008 and still do) for posterities sake. That beta and research cost me a pretty penny. But I only have resources to focus on one market opp. I did my time and was mostly told I was a sellout and to fuck off. You people can fuck off.
The market problem with ZH on content is that is was built for financial reporting, yes bent on charting financial corruption. But as the economy becomes more of a command economy there is little choice but to include politics, national news events and try to bend them into the financial audience.
Second, the system architecture limits and still does the ability to easily add new site navigation for other topics. There is now a little bit too much 'I told you so.' I have that tude a little obviously and now you know why but this is now just vanity after vindication and wastes time none of us have.
Stop bitching and either fund or get funding for a competitor and solve a market problem. All these complaints is arm waving and for such intelligent folks (at times brilliant and times paranoid) I am a bit surprised. Senator Rockerfeller said in 08 or 09 "what happened to the news?" Or something similar. Why not give him his news and steer a few content offerings to influence his thinking a couple degrees towards the better while he funds it and is excited to so? My friends, you must dig a little deeper for now in how to really be cunning yet loving and if solutions are not inclusive, they have a short shelf life and help fewer.
The content of commentaries where everybody just calls everybody else a douchebag gets stale. What your supposed to do here is demonstrate your argument in a reasoned fashion and then tell someone else there a douchebag. I am sending out the memo about those damn TPS Reports. The time for bitching is now ending. The time for solutions and those who want then with dough at the top has arrived. Go get it and help them fund the restructure with better brakes for the car or just bitch and then you can fuck off.
See? Old ZH. Some market solutions and a fuck off.
This is not the crash you're looking for.
This is not the crash we're looking for.
Move along.
Move along.
Do we have to crack 300pts+ for the deer in the headlights?
Multiple tweets and comments out of NYC, hundreds of charter jets are qued up at JFK and LaGuardia. O'Hare is delaying commercial flights to slip Lear Jets into the que. Looks like the hedge fund boyz and the bankers are heading for the bunkers and farms in out of the way places.
Honest injun, well ok, I made it up but it sounds plausible.
Thats is odd. Those lear Jets need to have a destination listed with the FAA, would be nice to see where they are going in such a hurry. There is a lot of delays, you can see them here. http://www.panynj.gov/airports/flight-status.html?view=DEPARTURE&apt=JFK Sort the page by "Status" that will bring the list of delays to the top. Here is LGA http://www.panynj.gov/airports/flight-status.html?view=&apt=LGA There is a bunch of Cancellatons as well. A ton of Delays at both.
I sent a message out to my people, one of em is doing work near LGA, just said he hasn't seen a plan take off for a while now. I will keep updating as more intelligence comes in.
I'm sure you can use every ounce of what comes in
Just saw one land, nothing taking off yet.
Two things can now happen:
1. A market collapse where CBs can do squat to save anything or anyone. This will wipe out all the bad credit and shitty investments that have been done in the last 15-16 years, AT LEAST! Yes, there will be a lot of pain but the monetary system may survive. People who thought they could get something for nothing get exactly what they paid for.
2. CBs step in again and save the markets with QE-infinity as the buyer of last resort. CBs have already showed how little they know and their facade is crumbling for every second. If markets collapse and CBs step in to prevent the fall, it will finally mark our entire monetary system as a ponzi scheme for all to see. The loss of confidence in the paper will evaporate in an instant and run for real assets will be imminenent as the run for currency devaluation will pick up in speed.
3. A continuity from no.2, War.
Yeah, I will go for option 1. Some how I think 3 will ultimatly happen as "history rhymes". Bunch of nuts running the nut house.
So you have been here five years Burning Betty and still haven't lesrned the CB model IS a model where it accelerated boom and bust for profit and send false market signals? You really think these people are stupid?
Perhaps worse is this comment got four upvotes and only one downvote. I confess, it was me your dense. I had a retired reformer type CB that sent me a forecast of 1% growth for a decade back in 2011. Yeah he wss just stupid and your a genius right. Smarten up.
Then you got a commentator joking about lear jets leaving NYC in panic and Froze25 doesnt read the punchline. I do like most of your commentaries Froze25, your bright but consider slowing down to breathe.
We are inheriting a very fucked up world. Show some leadership and above all, smarten up and do so fast. You want better commentaries, GIVE your best.
I do agree! Though to my defense, the same thing I wrote in the comment above regarding point no.2 is what ZH today pointed out in this article here by saying:
"Indeed, we too believe that if not even central banks can boost this market, then the time to get the hell out of Dodge is at hand. And while exiting, make sure to have a lot of gold, silver and lead. Because if the days of Keynesian voodoo and fiat are almost over, then absolutely nobody has any idea what lies ahead."
In the end, it's all guesswork if you believe that there is no agenda in all this. My take? Collapse all economies around the world and devalue all currencies(starting with the periferal ones, which is everything not USD, EUR, JPY, Yuan). Once this is accomplished we will finally get to where this whole thing is meant to be: One world government and one world currency.
Yes, we are inheriting a completely deluded and fubar-world. The booming generation got their prime time on set for 40-50 years now while they have sown that same mentality into their children and their childrens children. We'll just ride our way through life on the back of rest of the world (EM). That world is coming down now and this time it is full scale, global. Let's see what's in store.
'Kingworld' alert...
This is a fantastic time for an 'out of my garage' start-up.
I'll be selling dervatives on a variety of occurences and happenstances to anyone with the money to buy this form of security (and I mean security in the financial sense as well as the 'peace of mind' sense. For a pittance compared to the amounts being covered you will recieve a firm promise that if really bad things happen, I will be there to promise you that (if it is approved by my board) any losses will be promised to be covered up to the amount of (can't call it insurance as that would require assets to back up the promise)...err, umm the sum in question. Should the sum in question be out of the range of my ability to pay I'm pretty sure my home owners policy should cover the balance.
So live large, hell, live recklessly knowing that you are covered for any and all 'really really bad things'.
PS I'm living in my car at the moment but I'm pretty sure my auto insurance should cover things if my home owners policy has lapsed....quit being so nervous and asking so many questions...go have fun and live your lives knowing you have purchased the kind of security that previously has been available only from large financial institutions that are actually more leveraged than me...this last part is true.
shit, wrecked my car....but I do still have 'walking around money' in my pocket and some credit cards that are not fully maxed out....and still maintain a better balance sheet that most institutions selling similar products.
shit shit ...hole in my pocket and got a notice that all my cards are now maxed out...my Fender Strat is hockable though and I have a couple of pistols that should bring enough, if sold, to cover almost any global financial collapse kind a thingy.....
oh crap, got rolled and left naked in a gutter. Now all I can promise is that I can still perform better, in extremis, than Morgan Stanley.
I think my new biz will do fine. If you know any pension plans that need a higher level of security than they can currently find in today's derivative market....well lets just say there is a little something in it for you if I can close a sale.
the majority have to lose because people x dollars move the market, not people.
the extreme minority have all the dollars.
Medical Student - I can validate your point with an entertaining story. So there is a story of Moses in Exodus where the Israelites escape slavery from Egypt and the Egyptians give them gold and silver after a number of plagues.
Moses goes up Mt. Siani to receive the ten commandments from God. He is gone a couple days and the people turn to the High Priest Aaron who is Moses brother. They say they should worship a new God, simce the old one abandoned them.
Aaron instructs them to gather all there gold and build a Golden Calf. They listen to Aaron. Moses comes down the mountain, sees this and gets pissed. Moses is a military general. He is sharp. So he gets pissed and smashes the ten commandments in front of them.
Whats the problem? Well, you have now given all your gold to the High Priest which no doubt you'll worship while he centralizes all your gold. So when you get to the next city-state to trade you get one big one and then 400,000 people start to starve. That is basically central bank cycle in a nutshell. Pssst. It isnt an accident.
well here at the Hedge we have been wallowing during a five year period; 2010/2015; where we hear its for "tomorrow"...so we are vaccinated against any expectation of "skyfall imminent".
Tyler is the world champion in the game of playing Diogenes the cynic.
But we have to hand it to him to have documented and analysed this market's awesome convolutions; day by day.
It comes when it comes.
I'll be in Canada for at least the next two weeks.
.....At least.
Enjoy. Maybe I'll apply for a work visa and then citizenship.
......not that fucking great up here either.
don't buy a house...
Please do. Thomas Paine thanks you for your support.
If you look at the stock market back to 2008 you will see that the market has peaked and is in a down trend, they better crank up the printing presses, or its gonna be a fast ride to the bottom.
When it comes the doom sayers will be the first to blame, FYI. "This wouldn't have happened if those evil downside speculators hadn't convinced everyone that everything wasn't, in fact, awesome." Remember, they're never responsible for the consequences of their own actions.
Don't get excited, its not 3pm yet.
My prediction is that either the financial system will crash this fall or it won't.....
you sound like all of the chartist technical analysis people i hear on the tv
Murphy sez that there will be no crash in September, October or November. The crash will come only after all the doomsayers and their Johnny-come-lately parrots are thoroughly discredited and embarassed and everyone relaxes to the tune of "happy days are here again". THEN the wheels will come off the wagon. So let it be written, so let it be done, et cetera, et cetera, et cetera. HAIL MURPHY!
If everyone is already expecting a crash, doesn't that suggest perhaps it's NOT going to happen?
If everyone has already liquidated their riskiest assets and hedged for a crash, then it seems like a crash might already be priced in - and therefore might not actually happen.
All of this doom talk is rediculous. I can assure you that whatever happens to the real economy and the worker bees, the banking and financial industries will be protected.
Does this mean no more funding for the planetary defense system? Asking for a friend.
That which goes up must eventually come down.
I understand the Home Depot sold out of nail guns this morning.
Dow is down $297
Nasdaq is down $120
S & P 500 is down $35
from Yahoo Finance
A good start.
Harry Dent has been 100% wrong on every prediction he has ever made. Maybe Martin Armstrong is right and the global collpase will send money flying into the US stock market and irrationally send it up to 22,000. Sounds impossible, but one is foolish to EVER bet with Harry Dent. After all, he predicted Dow 36,000.... in 1999. Still waiting!
Debt free and loving it!!! Looks like 2007 all over again, this party is crapped out. Meanwhile the wife and I will be enjoying several long music festivals this fall. Hanging out with the hippies dancing our asses off lol
Got to tell you Michael, the Daily telegraph is not even one of the most important msm newspapers in the UK, let alone the rest of the world, after that statement i just cant get you out of my mind as anything but a drama queen
name one other quality broadsheet? of course it is dufus..its the finest newspaper in the english speaking word ...unkless you are a commie..in which case...its the Guardian
Yeh a regular Guardian reading commie me, lol, fucking moron.
read on.......
In July 2014, the Daily Telegraph was criticised for carrying links on its website to pro-Kremlin articles supplied by a Russian state-funded publication that downplayed any Russian involvement in the downing of the passenger jet Malaysia Airlines Flight 17.[21] These had featured on its website as part of a commercial deal, but were later removed.[22] The paper is paid £900,000 a year to include the supplement Russia Beyond the Headlines, a publication sponsored by the Rossiyskaya Gazeta, the Russian government's official newspaper. It is paid a further £750,000 a year for a similar arrangement with the Chinese state in relation to the pro-Beijing China Watch supplement.[23]
There will always be enough money for the next orbital discomknockerater.
Doom porn at its finest. Keep on fapping.
keep the 'ol Smith & Wesson handy folks...
(the original point and click interface)
We don't need no water let that....
Dead Shemitah bounce coming tomrrow
The true battle is for control of the narrative in the aftermath. Surely they will blame China, Russia, gold buyers, libertarians, and the last two are many Americans' preferred villains, essentially the modern day Brutus and Cassius/Catonian faction, in their eyes.
Dr. Mchugh nailled the 08 Crash months before and he just called a top two months ago.
He is calling for a slow unwind with several crashes between now and 2020 to an ultimate bottom lower thatn 08'.
https://youtu.be/dROS30EOCIY
Goldbugger - 2021 is my call for the apex of events so its similar to Dr. Mchugh. Don't have what I consider all the real technicals (as hedonics and other manipulation of data has occurred in spades) to explain why but my comment talking about the retired CB's forecast of 1% growth forecast over a decade from 2011 influences my thinking. I saw ZH publish a BIS article recently stating the same apex timeframe.
He may be correct in that step down process and mean reversion which is really more like a 1999 mean reversion than 2008. But then again eating the big shitty all at once does create a lot more profit potential for insiders at little risk to themselves as I explained in an above commentary. Time will now tell.
Dragging it out that long will drive a lot of people on the knifes edge off and into riots so I don't see how that benefits me politically if I was the one driving the bus. That is how I try to think. Actually I am a reformed born sociopath and predator so that comes easy for me. Finding balance though isnt easy...
1929 crash began in September... sell sell sell
Yup, and to wear out my welcome a bit more, remove everything but chump change from every bank and financial institution in the USSA before September 11.
The banks might not open after that weekend (or the next, or the next), they may steal your money, which by laws instituted last year is their money (and you are the lowest creditor on the creditor totem-pole).
Best to convert to physical gold and silver in your possession, but what is most important is to get it out of their paws... and "their" means everyone except you. Hold cash if you must. Buy prepper goods and goodies. Arm yourself. Buy a whole boatload of heirloom organic seeds. Buy productive equipment and supplies that you will operate to produce a continuous flow of goods and goodies. Actually, this last idea is the wisest of all, if you know how to implement this effectively.
Or perhaps the very best is... get the hell outta dodge, and bring your assets with you. But time is growing short for that, because you need to get out, then find a way to receive your assets (set up a bank account elsewhere, or have an address that Viamat/Loomis can deliver the pile of gold and silver you ship). That will take time, and you've already waited almost too long.
Hit the ground running.
Be a little early, not a second too late.
ZH is about the only thing I read anymore.
Where else to go for facts.
Where else to go for strong comment.
In Psychological Operations (PSYOPS) of every form, including the Mangement of Perseptive Economics, the facts are irrelevant.
In today's world, like world of yesterday or tomorrow, the accumulation of wealth, by any means and irrespective of consequences, is all that matters.
When you meet a yacht broker, the last thing on his mind is how you got your money. He has only two concerns: How much can the guy spend? Can the guy close and deliver the purchase money.
https://www.youtube.com/watch?v=lEBJjsdTyWY
Jackagain - Might I make a suggestion on Youtube video links? It is helpful if I know how long the videos are or the key portion mark of where the video is making or backs a point? I skip a lot of them now if i dont know the length or marker because I have to micro manage the minutes right now.
I also tend to ignore links with no commentary alongside them.
I hedged well so I partied my ass off May, June And half this month while my sector entered recession. Got to spend some good time here too. But gotta hustle now, pain for some big companies wakes them up to a sudden need for innovation whereas financial engineering has delayed some R&D for years.
If I pull off what I intend I'll throw a ZH party somehwere fun and buy the top 20 commentators all expense paid weekend someplace cool.
Well....
https://www.youtube.com/watch?v=5eR8sK0fSPQ
The issue for folks expecting a collapse this time around is that markets exist to make big money for 15% of all participants, so if so many people/ pros are expecting a crash, odds are high it won't happen until early next year.
Most crashes happen when both sides (long/ shorts) are exhausted. German DAX, Chinese Shanghai this year, NASDAQ or Y2K- 2007.
My two cents of being involved in 2 crashes. Y2K and 2007.
As always follow your investing/ trading plan.
I have a MarketWatch piece from May 2014 bookmarked to see if Howard Gold ends up having to eat his words.
4 things doom-and-gloomers got totally wrong
http://www.marketwatch.com/story/4-things-doom-and-gloomers-got-totally-...
seems like the crash that everyone sees coming.
how do those usually work out?