Are Central Banks Getting Ready to Crash the System Again?

Phoenix Capital Research's picture

While investors pile into Tech Stocks based on endless promotion from the financial media, the US economy is rolling over.

Last week the NY Fed downgraded its economic forecast for 2Q17 to just 1.9%. Even worse, it is now forecasting 2017 total growth to be a measly 1.5%.

Yes, 1.5%.

There is a clear trend to this chart… and it’s NOT up.

Source: NY Fed

Wait, it gets worse.

The Citi Surprise Index has collapsed to levels not seen since 2011.

Source: Yardeni Research

Why does this level matter?

The last time this index collapsed to these levels, the Fed was about to launch Operation Twist to provide additional liquidity to the markets.

Today, the Fed is about to start WITHDRAWING liquidity from the markets. And not a little: $10 billion per month this quarter, and $20 billion per month in 4Q17.

What’s the deal here?

The Fed is “taking away the punchbowl” from the markets. Sure, stocks might hold up relatively well today or tomorrow, but the reality is that the $14 trillion market rig of the last seven years is ending. Globally Central Banks are going to begin withdrawing stimulus from the system, as global credit is already decelerating at a pace not seen since the Great Crisis.

A Crash is coming.

And smart investors will use it to make literal fortunes from it.

We offer a FREE investment report outlining when the market will collapse as well as what investments will pay out massive returns to investors when this happens. It's called Stock Market Crash Survival Guide.

We made 1,000 copies to the general public.

As I write this, only 87 are left.

To pick up one of the last remaining copies…


Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

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PhiPhi's picture

Is the Pope a Cathilic paedo?

No not ready to crash, until not only weak hands are in but they need the medium hands to lose bigly.


PhiPhi's picture

Is the Pope a Cathilic paedo?

No not ready to crash, until not only weak hands are in but they need the medium hands to lose bigly.


DarkestbeforeDawn's picture

Nobody knows nuttin'.  All the charts and graphs and indicators and trends and forecats and warnings and analysis and pontificating and predicting don't mean shit.

Keep a basline amout of cash (anywhere but a bank) and then start buying stuff you can barter with-like liquor and cigarettes and twinkies and DVDs and pet food and OTC pain pills and well, you get the point.


Infnordz's picture

This is really just advert click-bait for dubious financial services.

Anyone with any sense and research already realised that an exponetially-leveraged usury-based financial system can't last forever and that the massive central bank 'support' via fiat-currency inflation is irronically seeding its collapse via eventual hyper-velocity price explosion if all that relatively idle fiat currency ever gets significantly loaned to the public and inflated many times by existing fraudulent fractional reserve usury-banking chaining for Ponzi debt slaves!  Capitalism is also a fraud because it was founded on the debt-based fake-capital of the 18th century Financial Revolution!

As for the 1000 copies, what utter arse, we have the internet and ebooks now, so anyone only providing paper copies of anything looks as obsolete as written books looked when Guttenberg printing flooded Europe with printed material!

Digital images and ebooks take up many orders of magnitude less space and many copies can be kept for utility/backup, so most of my paper stuff has been scanned using a decent, sheet-feed, duplex-scanner and securely disposed of.

Gold Banit's picture
Are Central Banks Getting Ready to Crash the System Again?


smallbedbug's picture

I think the market will not crash for a while. Not this year. California has a very good economy, people are living well. Real Estate is good. Resturant are busy and Bars are pack. Every other car is a Tesla ($100k plus). 

Singelguy's picture

All paid for with a giant credit card. When the credit dries up, watch it all collapse.

SmittyinLA's picture

Crashing the system with Trump in charge would be a huge mistake

gdpetti's picture

Pulling the rug out.... same script every, and I repeat, EVERY time.... you know the drill.... until the music stops, let the blowoff continue....

decentralisedscrutinizer's picture


Why waste time on this alligator when the swamp’s most critical economic and political problems revolve around the hegemony of a global corporate cartel, which is headquartered in the US because this is where their dominant military force resides. The US Constitution is therefore the “kingpin” of an all-inclusive global financial empire. These fictitious entities now own the USA and command its military infrastructure by virtue of the Federal Reserve Corporation, regulatory capture, MSM propaganda, and congressional lobbying.


The Founders had to fight a bloody Revolutionary War to win our right to incorporate as a nation – the USA. But then, for whatever reason, our Founders granted the greediest businessmen among them unrestricted corporate charters with enough potential capital & power to compete with the individual states, smaller sovereign nations, and eventually to buy out the USA itself. The only way The People can regain our sovereignty as a constitutional republic now is to severely curtail the privileges of any corporation doing business here. To remain sovereign we have to stop granting corporate charters to just any “suit” that comes along without fulfilling a defined social value in return. The "Divine Right Of Kings” should not apply to fictitious entities just because they are “Too Big To Fail”. We can't afford to privatize our Treasury to transnational banks anymore. Government must be held responsible only to the electorate, not fictitious entities; and banks must be held responsible to the government if we are ever to restore sanity, much less prosperity, to the world.


It was a loophole in our Constitution that allowed corporate charters to be so easily obtained that a swamp of corruption inevitably flooded our entire economic system. It is a swamp that can't be drained at this point because the Constitution doesn’t provide a drain. This 28th amendment is intended to install that drain so Congress can pull the plug ASAP. As a matter of political practicality we must rely on the Article 5 option to do this, for which the electorate will need overwhelming consensus beforehand. Seriously; an Article 5 Constitutional Convention is rapidly becoming our only sensible option.


This is what I think it will take to save the world; and nobody gets hurt:


28th Amendment:


Corporations are not persons in any sense of the word and shall be granted only those rights and privileges that Congress deems necessary for the well-being of the People. Congress shall provide legislation defining the terms and conditions of corporate charters according to their purpose; which shall include, but are not limited to:


1, prohibitions against any corporation; a, owning another corporation; b, becoming economically indispensable or monopolistic; or c, otherwise distorting the general economy;


2, prohibitions against any form of interference in the affairs of; a, government, b, education, c, news media; or d, healthcare, and


3, provisions for; a, the auditing of standardized, current, and transparent account books; b, the establishment of state and municipal banking; and c, civil and criminal penalties to be suffered by corporate executives for violation of the terms of a corporate charter.


PleasedToMeatYou's picture


Copies and pastes here at ZH the verbose rants that he writes to himself. 

...sorta like Bruce Wilds, but without his own blog.

InnVestuhrr's picture

Q: Why the abrupt change in FED policy ?

A: The deep state has decided that the economy and financial markets MUST crash under Trump's administration

silverer's picture

When you know what's going to happen, you can make money when the market goes in either direction. Of course, the people who run it know, and very few others.

Bemused Observer's picture

Right now there are too many passive investors in the market for there to be a 'crash'. They own 'stuff' that is invested in the markets, but they don't know where or how much, just that they get a statement periodically that shows them how much they 'made' in the market. The faked stats, the day-to-day shenanigans, don't really interest them, as long as that statement keeps showing good news. 


If that should change, you can expect those investors to suddenly take an interest in what's going on, and I'm telling you, they won't like it. THAT'S when you'll get your 'crash' a nationwide collective cry of, "Not again! Fuck THIS!" precedes the biggest bank run in history. And woe to any ill-considered 'capital controllers' should they try to stop the hemorrhaging...the blow-back will be vicious.


They will not stand idly and watch it all disappear again, and they'll take it out of their leader's hides if necessary. The next financial crisis will be the last one in the current system we are in. After that, the banks will no longer be in control, they will become utilities, and subject to all the controls and regulations as your gas and electric companies. If our own Fed doesn't realize they are being positioned by the political class to take the fall if it all goes to shit again, then they are really fucking stupid. Why do you think no one has done anything to rein in those folks over at Eccles? Because then they'd be expected to do something about it, they'd 'own' it. And they do NOT want that piece of crap rolling up THEIR driveways...It doesn't matter to them, because either way they win...if things get better they keep profiting. If things go south, they get to scapegoat the Fed, and get another shot at the economy themselves, so they can keep profiting... Better practice those obtuse answers Janet, they'll come in handy during the Senate hearings. All those Senators and Congressmen have constituents back home who will have lost everything for the second time in less than a decade, and they will be all too glad to haul Yellen & Co. out for an old-fashioned lynching rather than face their wrath alone.


I think we will see many of these entities turn on each other as things get worse. Ha, they may end up being too busy fending each other off to use that surveillance-state apparatus on the people effectively at all. The 'Deep State' may turn out to be more ephemeral than anyone ephemeral as all that so-called wealth was.

jharry's picture

The dark rulers will not destroy the economy because if they do, they will lose power.  This is the one thing they will not do. PERIOD.



CRM114's picture

The problem for them is that it will happen anyway.

The average buyer is not just running out of money, they are also running out of the desire to buy.

Glyndwr will return's picture

The brexit negotiations will be used to crash the system . It's ripe. And the fool Barnier is there to speed it up. Oh it's like there is a big fat drunk conductor somewhere in Brussels or Berne .

ByTheCross's picture

The system hasn't yet been crashed, so it can't be crashed 'again'.

It can be crashed for the first and last time, of course.

If they are getting ready to crash it, the big question is why.

Isis is the clue-stick they're trying to clout the receptive with...

GodSpeed_00's picture

let them crash it. I got crypto.

DavidC's picture

"Are Central Banks Getting Ready to Crash the System Again?"



shizzledizzle's picture

Yea, Yellen is a little skiddish around lamposts. Don't look for them to do anything intentional to end up swinging from them. In the same token don't underestimate their ignorance. 

Maestro Maestro's picture

***Fuck you and your stupid article. Pure mind-fuck drivel.***


Worse than the bankers rigging gold and silver prices and not having the gold that they sold you (or selling gold that they don't have, via fraudulent COMEX Futures contracts) is the fact that we don't even have MONEY today.  Therefore all financial transactions and economic numbers predicated on the existence of money are FRAUD and FORGERIES presently.


Electronic digits and paper fiat currencies in use today are NOT money, according to the law of the country that issues the reserve currency of the world, the US Dollar (Article 1, Section 10 of the US Constitution); or by the tenets of the science of Economics (i.e., fiat currencies are not money because they are not a store of value nor a unit of account due to the fact that NOT ONE fiat currency's value is actually determined or stipulated in concrete legal terms).  Dollars and Euros and Yens are not even lawfully DEFINED as to what they all are exactly; what their economic worth and transactional value is. Hence, fiat currencies simply cannot constitute the legal foundation of any lawful contract!


(Also, there cannot be either inflation nor deflation in the ABSENCE of money.  Both inflation and deflation are monetary events which cannot take place where there literally is no money.)


What we have today is massive GLOBAL FRAUD mascarading as a monetary system based on the (fraudulent) US dollar because all fiat currencies are basically only a derivative of the US dollar, including the Euro, the Yen, the Yuan, the Rouble, the Shekel and the Riyal.




Why do a few people get the right to print fake fiat money out of nothing and buy your goods and services with it whereas you have to WORK to obtain the same worthless money created out of nothing?


THAT is the question at the heart of the matter.  That the bankers manipulate interest rates or the price of gold via fraudulent Futures trading (by selling gold that they don't have) with fiat money is a moot point.


To put it differently: why do the bankers get to have anything that they want without working for it and you, you don't?


All this talk about market rigging, monetary theory and fraudulent (paper) gold trading is a cover-up for INJUSTICE.


The US Constitution FORBIDS the use of debt as money; the US Constitution proscribes (debt) notes which is what the US dollar is presently.  Think, all other currencies are just another name for the US Dollar.


What passes for money today is a CRIME, no more no less.





You are all aiding and abetting this crime every time you buy, sell, pay or get paid.


And then you ask, Why our leaders, the politicians, the bankers, and our military men and women are EVIL?


The answer is, because they are just like YOU. They are your sons and daughters.

CRM114's picture

Where I live, the most common currency is favors, partly because we mostly like each other, partly because it means the Government doesn't get to hear about it, and partly because it's more reliable than cash.

VWAndy's picture

 Its not like we were given a choice in it.  But we could take another parth if we really wanted too.

JailBanksters's picture

Won't happen this year

Osmium's picture

The recently embattled technology sector on Monday was enjoying a reprieve, with the group on pace to book its best one-day gain since December. The S&P 500's information technology names were looking at a 1.4% rise

Got to hand it to you PCR, you NAILED it this time!

SAE6065's picture

Central Banks are ALL BRAG, NO FACTS. They have been talking SHIT for waaaaay too long now. Let's see them do something instead of just getting people all worked up. BRING IT ON , or SHUT THE FUCK UP. 


GoldIsMoney's picture

Believe waht you want, I know central bank will print more money. That's for sure.

VWAndy's picture

 Lets hope this time they hang for it. Prolly shoulda strung um up a long time ago.

  Been working on that barter thing yet?

mary mary's picture

Don't know where to put this question:  GBTC?  Any thoughts, experience, insights, comments, suggestions for research?

Vimes's picture

GBTC? as in Bitcoin? I still see it as a result of money trying to escape rampened inflation. (e.g. Russia, they still love to convert Rubles to Dollars & Euros the last time I was there)

The problem remains that we are on this side of the fence, when we should be on both sides and profit from the divide. You could get 9% on your savings account! But I shouldn't go OT, my main question would be; can we find the common driver for this demand? Can we track it and use it to our advantage when buying or selling?

mary mary's picture

Yest.  GBTC as in Bitcoin.  I see bitcoin, gold, and stocks as all trying to keep up with inflation.  GBTC is charted on Stockcharts.  I don't know what the common driver for the demand (for GBTC) is, but of course I would like to know.

Osmium's picture

They are going to crash the system by buying stocks and pushing the market higher?  Ok, got it.

DavidC's picture

My thoughts exactly. They're going about getting rid of Trump and crashing the system in a very odd way, jamming everything up at or near all time highs.


jaxville's picture

  They are merely buying time.  Their allies in the financial sector need to be onside before hand to limit losses.  Don't forget that investment banks have customer accounts and proprietary accounts.  The risk can be completely shifted to their clients.  That takes time.  They also need an outside catalyst to place the blame on.  I can't think of a better one than war.

  The Fed (or any other central bank) is not going to crash the system.  All they have to do is stand aside and let 100 plus years of debt growth do it's thing.

DavidC's picture

Certainly agree with that jaxville.


aliens is here's picture

Bring down Trump at all cost.

mary mary's picture

No matter what it costs American citizens, voters, or small business owners.

NidStyles's picture

Thinking you matter to your chosen overlords, that's cute....