This is EXACTLY the type of market behavior that we would expect to see during the early stages of a major financial crisis.
If you have not been preparing for what is coming, you need to get off your sofa and you need to start prepping right now.
On Monday, the Dow Jones Industrial Average plummeted 588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days.
On June 25th, I was not kidding around when I issued a “red alert” for the last six months of 2015.
The global financial system is now unraveling, and you better pack a lunch because this is going to be one very long horror show.
The two day stock market crash that we just witnessed comes to a grand total of 888 points, which is larger than any one day stock market crash in U.S. history.
By itself, the 530 point plunge on Friday was the ninth worst stock market crash in all of U.S. history.
The relative calm of the past few years has lulled millions into a false sense of complacency.
If you are one of those that have dozed off, I have a word of warning for you…
Wake up and get ready.
Will 2015 soon be mentioned along with the famous market crashes of 1929, 1987, 2001 and 2008?
Is the stock market going to crash by the end of 2015?
Is September 2015 going to be a month that changes history?
For months, there has been an unprecedented amount of buzz all over the Internet about what is going to happen in September. And without a doubt, we are going to witness a convergence of events during that month that is quite remarkable.
The following is my big list of 33 things that are going to happen in September 2015…
Are we about to witness a new round of racially-charged protests, riots and demonstrations all across the United States?
Once upon a time, it was popular to say that the U.S. government only had enough wheat stored up to provide everyone in America with half a loaf of bread. But that is not true anymore. Recently, I discovered that the U.S. does not have any strategic grain reserves left at all. Zero. Nada. Zilch. As you will see below, the USDA liquidated the remaining reserves back in 2008. So if a major food crisis hit this country, our government would have nothing…
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now.
All over the world, stock markets are already crashing…
Things continue to line up in textbook fashion for a major financial crisis by the end of 2015. This week, Wall Street has been buzzing about the first “death cross” that we have seen for the Dow since 2011. When the 50-day moving average moves below the 200-day moving average, that is a very important psychological moment for the market. And just like during the run up to the stock market crash of 2008, we are starting to witness lots of wild swings up and down. The Dow was up more than 200 points on Monday, the Dow was down more than 200 points on Tuesday, and it took a nearly 700 point roundtrip on Wednesday.
This is exactly the type of behavior that we would expect to see during the weeks or months leading up to a crash.
Things are lining up perfectly for a major financial crisis.
Did you see what just happened? The devaluation of the yuan by China triggered the largest one day drop for that currency in the modern era. This caused other global currencies to crash relative to the U.S. dollar, the price of oil hit a six year low, and stock markets all over the world were rattled.
The Dow fell 212 points on Tuesday, and Apple stock plummeted another 5 percent. As we hurtle toward the absolutely critical months of September and October, the unraveling of the global financial system is beginning to accelerate. At this point, it is not going to take very much to push us into a full-blown worldwide financial crisis.
The following are 12 signs that indicate that a global financial crash has become even more likely after the events of the past few days…
Rarely do I ever put a date on market crashes. I did it in 1987 when I forecast the 1987 stock market crash — that was in the Wall Street Journal.
I also forecast the ‘Panic of 2008,’ and the ‘dot-com bust’ in October of 1999, when I said it (the dot-com mania) would fail in the second quarter of 2000…
“I’m now predicting that we are going to see a global stock market crash before the end of the year.”
Just like in the summer of 2008, global economic activity is diminishing and things in the financial world are lining up in textbook fashion for a major crisis.
Did you know that a full-blown economic collapse is happening in Iraq right now? And did you know that the economy of Ukraine is contracting rapidly and that it cannot pay its debts?
Back in 2008, the financial crisis was primarily centered on the United States, but this time around it is turning out to be a truly global phenomenon.
The greatest financial crisis that Europe has ever seen is coming, and it is going to shake up the entire planet.
Are you ready for what is coming in August?
What I am about to share with you is quite stunning. A well-respected financial expert that correctly predicted the last two stock market crashes is now warning that we are right on the verge of the next one.
If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now. “Dr. Copper” just hit a six year low, Morgan Stanley is warning that this could be the worst oil price crash in 45 years, the Chinese economy is suddenly stalling out, and world trade is falling at the fastest pace that we have seen since the last financial crisis.
In order not to see all of the signs that are pointing toward a global economic slowdown, you would have to be willingly blind.