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It's Not the End of the World, Just the End of America (Video)

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Very concerned about the coming New Year 2019… not looking good to me.. I’m already hearing of hours being cut and layoffs possibly coming… Long term, I think America is in serious danger with all this debt bubbles.. reality is going to rear it’s ugly head at some point. Totally agree with Schiff! John Doe

Something is definitely happening, the war drums against Russia AND China are getting louder and louder, Trump and his admin scrapped the INF treaty so we can put nukes on Russia’s border. Both Putin and Xi spoke about preparing war. I guess Gerald Celente is right, when all else fails, they take you to war. Welcome to Costco

Dow Swings More Than 900 Points – Well we didn’t have a Black Monday today, but we did have a pretty big selloff, especially if you measure the decline from the early morning pop to the late afternoon drop.  I think it was better than a 900 point selloff.  Earlier this morning the Dow Jones was up about 350 points, and I think halfway through the final hour, we were down as much as 560 points.  Now, we managed to recoup a good chunk of those late day losses in the final half hour, with the Dow down just 245 points. Just over 1%. The NASDAQ trimmed its loss to 116 points – 1.63%. 

Of course, all the analysts are focusing on the fact that we didn’t close on the lows!  “Hey, it’s strong; look, we had a huge rally, impressive rally off the lows!” A Downside Reversal – There was nothing impressive about that rally. This actually was a downside reversal. Remember we were all talking last week about the upside reversal that wasn’t?  When the market was way down, and then it only closed a little bit down? That’s not a reversal. Today was a reversal.  We were way up, and we closed way down. That is a real downside reversal, and that’s far more significant than the meaningless, fictitious reversal that we had last week.

Warning Signs Ignored – Look at some of these individual stocks: Boeing, last week, which was one of the only Dow stocks that actually had a good day – remember it had better than expected earnings, and Boeing went up?  It was down almost over 7% today – Boeing getting killed.  IBM, though, a much bigger deal: down 4%.  A new 52-week low – multi-year low. This should have been a warning sign right out of the gate. It’s kind of amazing that people ignored the news that came out over the weekend on IBM and they bought the market anyway.

Red Hat Hail Mary – IBM announced that it was buying a company called, Red Hat, and it’s an all cash deal.  They are way over-paying for this company. Now IBM is the poster child for stock buybacks. And the fact that they are throwing this Hail Mary by over-paying for this company really shows you that time is running out.

 

I host the Church of Mabus radio show and it is going on 8 years. I’ve been in the paranormal community for 20 years. I provide content from a network of sources and guests and allies. Ranging from Politics to the Paranormal and the Spiritual. You can check out my other articles here at my BIOGRAPHY at BIN and you can check out my free radio show at this link HERE. Thanks for showing your support and stopping by.



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    • Slimey

      Don’t pay attention to the naysayers. They make a living that way.

      Instead, go outside (you know what that is?) Is businesses still running and humming? Are people still mowing their lawns? Is the loco grocery store still churning away? Is there a line outside your bank or the loco restaurant?

      If it’s the loco restaurant – ALL IS NORMAL. :lol:

      Now go to sleep and don’t pay attention to the naysayers. IF everybody did this you’ll have a fine country. :wink:

    • huge_juan

      In times of world crises the United States of America has always led the way out with their expertise and stored wealth. This time the stored wealth has been depleted. When the world economies crash they along with the USA will be left to dig their own way out of the carnage. The gold producing countries output such as South America, Central America and Mexico will be up for grabs by the militarily stronger USA. The South African gold mines will also be taken over probably by the USA or a coalition of western nations. This booty will be used to rebuild the western economies. Nations without the means to protect themselves will suffer greatly. Millions will die and great suffering will occur at the hands of the militarily powerful nations. There will be power shifts among nations but the mighty will prevail. Millions if not hundreds of millions will die as a result of this evil man made catastrophe. Fractional banking, fiat currency and the greedy elite will be the primary cause. The world will eventually right its self and resume its imbecilic dance as if nothing ever happened only to repeat the same mistakes that caused this event.

      • huge_juan

        OIL, I forgot to mention oil. In the event of a world wide economic financial crash petroleum demand will drop sharply due to the cessation of industrial activities. Populations will be finding other modes of transportation due to the lack discretionary wealth. Food, housing, water and cold weather heating will be the primary concerns of the general population. The sheiks may be eating bologna sandwiches and riding bicycles before this is all over.

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