A Massive Stock Market Crash Is Imminent: These Men Predicted Current Economic Crises. No One Listened, Well They're Warning Us Again Video
There are a few men who have tried their best to warn America about the economy and the recession we just went through and Mainstream Media laughed at them, Mainstream Media is covering up our economic woes yet again.
Now the same men that Mainstream Media laughed at the last 12 years are speaking out once more. Ignore them are you own peril.
Warnings That A Massive Stock Market Crash Is Imminent
In the financial world, the month of October is synonymous with stock market crashes. So will a massive stock market crash happen this year? You never know. The truth is that our financial system is even more vulnerable than it was back in 2008, and financial experts such as Doug Short, Peter Schiff, Robert Wiedemer and Harry Dent are all warning that the next crash is rapidly approaching. We are living in the greatest debt bubble in the history of the world and Wall Street has been transformed into a giant casino that is based on a massive web of debt, risk and leverage. When that web breaks we are going to see a stock market crash that is going to make 2008 look like a Sunday picnic. Yes, the Federal Reserve has tried to prevent any problems from erupting in the financial markets by initiating another round of quantitative easing, but 40 billion dollars a month will not be nearly enough to stop the massive collapse that is coming. This will be explained in detail toward the end of the article. Hopefully we will get through October (and the rest of this year) without seeing a stock market collapse, but without a doubt one is coming at some point. Those on the wrong end of the coming crash are going to be absolutely wiped out.
A lot of people focus on the month of October because of the history of stock market crashes in this month. This history was detailed in a recent USA Today article….
When it comes to wealth suddenly disappearing, October can be diabolically frightful. The stock market crash of 1929 that led to the Great Depression occurred in October. So did the 22.6% plunge suffered by the Dow Jones industrial average in 1987 on “Black Monday.”
The scariest 19-day span during the 2008 financial crisis also went down in October, when the Dow plunged 2,675 points after investors fearing a financial collapse went on a panic-driven stock-selling spree that resulted in five of the 10 biggest daily point drops in the iconic Dow’s 123-year history.
So what will we see this year?
Only time will tell.
If a stock market crash does not happen this month or by the end of this year, that does not mean that the experts that are predicting a stock market crash are wrong.
It just means that they were early.
As I have said so many times, there are thousands upon thousands of moving parts in the global financial system. So that makes it nearly impossible to predict the timing of events with perfect precision. Financial conditions are constantly shifting and changing.
But without a doubt another major financial collapse similar to what happened back in 2008 (or even worse) is on the way. Let’s take a look at some of the financial experts that are predicting really bad things for our financial markets in the months ahead….
Doug Short
According to Doug Short, the vice president of research at Advisor Perspectives,the stock market is somewhere between 33% and 51% overvalued at this point. In a recent article he offered the following evidence to support his position….
? The Crestmont Research P/E Ratio (more)
? The cyclical P/E ratio using the trailing 10-year earnings as the divisor (more)
? The Q Ratio, which is the total price of the market divided by its replacement cost (more)
? The relationship of the S&P Composite price to a regression trendline (more)
Peter Schiff
Peter Schiff, the CEO of Euro Pacific Capital, has been one of the leading voices in the financial community warning people about the crisis that is coming.
During a recent interview with Fox Business, Schiff stated that the massive financial collapse that we witnessed back in 2008 “wasn’t the real crash” and he boldly declared that the “real crash is coming”.
So is Schiff right?
We shall see.
Robert Wiedemer
Economist Robert Wiedemer warned people what was coming before the crash of 2008, and now he is warning that what is coming next is going to be even worse….
“The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.”
Harry Dent
Financial author Harry Dent believes that the stock market could fall by as much as 60 percent in the coming months. He is convinced that stocks are hugely overvalued right now….
“We have the greatest debt bubble in history. We will see a worldwide downturn. And when you are in this type of recessionary environment stocks should be trading at five to seven times earnings.”
So are these guys right?
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A monkey that lives in the trees and makes his living off bananas he doesnt have to buy could have predicted this mess.
Well, I’ll be a monkey’s uncle… And say that this was the plan all along. The world’s elite can not have us “Useless Eaters” mucking up things so when the monkey’s are just about ready to overrun the asylum they will collapse it into another system where, of course, they will have already constructed and just waiting for our arrival. Hopefully, enough people will realize the trap, but sadly I fear they will not…
Those in control of government aren’t stupid and they know what is coming down the pipe. This is likely why there is a huge push to disarm the American people. Of course, instead of trying to fix the problem, the elites are trying to gather up all of the treasure on this sinking ship. In other words, they are only worries about making and keeping their profits and to hell with everyone else. They are going to milk this system for all its worth before it implodes and of course the American public is going to be left holding the bag. By then though, there won’t be much we can do because we will be unarmed and defenseless as a public and so the fat-cats will get off scott-free and our children will live under a complete authoritarian police-state.
that makes sense…I wonder if its any connection to Germany pulling its gold out of the U.S.
obamao is the real cause. he should not get away with this.
Feds are spending $85 billion a month of money they do not have to buy bonds and mortgage debt. The Federal Reserve can funnel money to their insiders (hedge funds, Goldman Sachs, JPM, who put that money into the stock market and derivatives) for as long as they want, and that is what they’ve been doing, until a major nation or nations pull the trigger to say no more USD.
So when will China, India, European Union or an individual member thereof – any of them or all of them – pull that trigger by saying no to the USD? USD to go down violently and then world war 3.
So they think we’re going to have a crash even though we’re on a very fast bleed to the tune of about $85 billion a month indefinitely? Personally, I believe they’ll crush the dollar before we see a market collapse, but what’s the difference?
Of course when the dollar goes down so will the stock market. The debt is going up and there is no way out of this mess. How pathetic when they tell us they need more money to pay the bills and they want more credit to increase the debt. The trip to Hawaii says it all. Good example for everyone. Hello, the country is in the red.
You only have to look at how the police are militarizing, the Fema camps all over the country with the guard towers, and the razor wire angled inwards at the top, the army being trained to take on the American people, in defiance of posse comitatus, checkpoints everywhere.
Is there going to be a Crash………Someone thinks so.