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Did the Crisis of Our Lifetimes Begin Last Week?
The market’s technical damage of the last week has been severe.
The stock market began its near-vertical climb in late 2012. Since that time, the 126-day moving average (DMA) and 280-DMA have served as major lines of support for the bull market.
The 126-DMA acted as initial support whenever the market began to lose momentum. And if the 126-DMA was taken out by intense selling pressure, the 280-DMA acted as CRITICAL support, as it did in October 2014.
Last week we sliced through both lined without any difficulty what-so-ever.
Investors must now assess two key questions…
They are:
1) Will the Federal Reserve intervene in the market with a new monetary policy (likely QE)?
2) If the Fed does intervene, will markets RESPOND to it?
#1 is an absolute certainty if the markets fall far enough.
In contrast, #2 is an uncertainty. When China’s stock bubble burst a few months ago, the Chinese regulators reacted by freezing the markets, banning short-selling, arresting short-sellers, and pumping tens of billions of Dollars into the market.
Despite this, Chinese stocks continue to crater.
This is an absolute first: stocks NOT reacting to Central Bank intervention. And it signals that we may in fact have reached the point at which Central Bank interventions no longer “save” the markets.
If this has happened, and the investment world has reached the point at which it no longer has faith in Central Banks’ abilities to prop up the markets, then THE major crisis of our lifetimes is here.
If you've yet to take action to prepare for this, we offer a FREE investment report called the Financial Crisis "Round Two" Survival Guide that outlines simple, easy to follow strategies you can use to not only protect your portfolio from it, but actually produce profits.
We made 1,000 copies available for FREE the general public.
As we write this, there are less than 15 left.
To pick up yours, swing by….
Best Regards
Phoenix Capital Research
Our FREE e-letter: www.gainspainscapital.com
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The PPT sold (first) and now buys back (with an infinite credit line). This will go as long as they can keep the metals suppressed and keep king dollar on the throne. Paper games up, paper games down. Wash, rinse, repeat. Europe is again VERY green, so expect a big UP day for the Dow et al. The big plunge (reset) will be in the currency markets, with the paper PM ponzi coming unravelled (Xau and Xag are paper frauds). I expect a lot of drama in bonds and equities, but no "real" carnage. They can paper these things up and down as they please. But not the fizzical metals. That is where the rubber eventually meets the road (esp. silver bullets for the bankires hearts, and golden BRICS...). Till then, enjoy the show, and good luck to ALL.
They've only got 15 copies of their report left at Phoenix Capital? Shit, I'd better hurry to get mine. You'd think they'd probably reserve at least 15 just to keep around the office, you know, in case somebody stops by.
I might miss out! If I don't get my copy, how will I ever find a 5-year chart of the SPX? Or recognize the significance of Central Bank intervention? Or think to buy PM's?
I should probably just enter all my credit card info into this comment window, to make sure.
Did it begin last weekk?
No. It began over the 4th of July weekend.
Phoenix, I know you'll be right one day, this could very we'll be the start of the worst financial catastrophe in history. But my money is still on the FED launching QE 'Stoopid' . My only reason is that we the sheeple have been letting them get away with it, In fact encouraging and sometimes begging them to continue QE.So my guess is, on with the show!... For now.
Just using Japan as an example, the FED has got a lot more QE they could throw in to sure up the markets before they even get close to looking as bad as Japan. I can't wait to hear the verbal diarrhea that comes out of Yellens mouth justifying this one in Sept.
Anyway yes I will still continue turning my backyard into a mini market garden and using their lies cheating and deceit as an opportunity to continue accumulating a few PM's on my comparative pittance of a wage.
I've got my celebratory packet of microwave popcorn on the ready when the shit finally hits the fan, but in the mean time everyone.
Do what you can to get others to open their eyes and see what's really happening to our world, keep preparing, keep educating yourselves, knowledge is power! Support and encourage localization, try setting up small co-ops between family and friends, it can save you and your family money and develop good friendships in the process.
Basically anything we can do to reduce our dependence on the corporate globalised system that has been shoved down our throats is a step in the right direction
What crises? According to the NY Post, it's only a boob crises.
http://nypost.com/cover/
Yea I was thinking the crisis of our lifetimes began last week, that was until I saw a Phoenix capital article to that effect and now I'm near certain the Dow will be 36000 by this time next year.
https://www.youtube.com/watch?v=hQusNGz2peE
If you are talking about financial crisis, it started in 1913 by empowering the banks and then was given life in 1973 when gold was removed from the equation, 2000 when Glass-Steagall was repealed and the Commodity Futures Modernization Act of 2000 was passed and then those things came together about last August when commodities started getting hammered.
But really, I blame it on the corporatization of America in 1871 and the invisible immigrants who refused to be counted.
+1,000 For saying so much truth in so few words!
After more than 6 years of saying it was right around the corner PCR may finally be right.
The crisis of our lifetime began in 2008
Nope - it began December 23, 1913.
If this has happened, and the investment world has reached the point at which it no longer has faith in Central Banks’ abilities to prop up the markets, then THE major crisis of our lifetimes is here.
I'd say the major crisis began the minute people believed they could!
Green shoots. Green shoots everywhere.
I'm with Cramer, BUY BUY BUY!!!
;/s
What the Fuck are all those Damned Crashing Sounds I'm hearing all over the place?
Sounds like the Bull just Hit the China Store!
1 Ounce Silver Vienna Philharmonics €13 @ EurGold
https://www.eurgold.eu/silver/vienna-philharmonic-1oz-silver-coin-1-50-e...
YES
No
1) Will the Federal Reserve intervene in the market with a new monetary policy (likely QE)?
Since the Fed is Wall St. driven; yes.
2) If the Fed does intervene, will markets RESPOND to it?
When the Fed intervenes; Sure the market will "respond". But the reponse will not be the same as before. Faith in the Wall St. game will be lost, FRN's will flow to other assets, inflation will begin.
Well if it did, looks like the crisis is over now. Green before the close.
What in the fuck chart are you reading? It must be Gold.
The DJIA is 588.47 down as I write....IN THE RED.
Maybe you must be colorblind. You had best see an eye specialist as their is something profoundly wrong...WITH YOUR VISION.
And the DOUBLE ENTENDRE IS INTENDED.
I've been waiting a LONG time for reality to set in ... I understand reality ... the markets over the last few years? Not so much other than BTFD.
Which reality? The neocons make their own reality.
The Red team, and the Blue team make their own reality
Prop up seems to be working quite well at this point
Yeah. Right.
Without that "Prop Up" the DJIA would have declined much more than the 588.47 that it did decline...today.
Yeah. It is slowing the collapse. But it is not stopping it.
But as someone last night wrote...There is ALWAYS enough fuel to get to the crash site.
Now ain't that the truth....
Remember, 1929 took two years to bottom out , but they didn't have the massive media cheerleading that goes on now and along with HFT's will makes sure things will get worse over a longer period of time......
let's not be hyperbolic. wall st designs fake crises all the time to let the smart money buy things cheap
I personally wouldn't call the money of a criminally run syndicate of manipulating fuckwits, 'smart money'
Just sayin