Posted on 08/24/2009 1:40:24 PM PDT by Signalman
This is an alert that a stock market crash is imminent in the TSX, Dow, and other global stock markets.
Get out now before it's too late! Safety can be found in gold, silver, and bonds.
It is imperative that you take cover now. The coming weeks will be turbulent to say the least. The crash will start Wednesday or Thursday of this week.
Get out of long positions. REPEAT: Get out of long positions! I don't care if you're invested for the long term.
The Dow is going to 2300. It will be a stomach-churning ride if you have any money in the stock market.
Forget all the rosy nonsensical predictions made by Bernanke & gang. The US is in a depression. 34 million are on food stamps. Dow 9500 just doesn't reflect that reality.
The FDIC went bankrupt on August 14, 2009!
You have been warned.
At the moment I’m investing in three things.
Personal debt reduction.
Hay & Feed.
Barn wood.
P&E ratio has been off for years, but I am not over woried about it. Gold is over priced, not a chance I am getting into that.
Truman ... when the foreign buyers of treasuries finally say no mas to buying US debt, they (the.banksters.gov) WILL crash equities in an attempt to drive people into buying them.
ZOMBIES!!!!
I think you’re on to something. Like it or not, the powers that be want the stock market to be high. They have determined that the cure for the economy is leverage and asset inflation, even though that was also the disease!
They don't print the cash. The Federal Reserve does. FDIC only gets cash by tapping the 500 billion dollar credit line with the Treasury who will then IMMEDIATELY be forced to start telling treasury bonds to raise the cash as the Dept of the Treasury does not have that money on hand.
need a dog? I’d make a good dog.
*ahem*
Federal reserve will do whatever the government says. Its not like their independent, its all one big sham.
Yup ... except for that interesting 4.67 bid to cover on the 70 days treasury bonds that went out. 100 billion dollars in cash attempting to get into 22-23 billion in 70 day treasury notes yielding 0.145%?
If 0.145% is the BEST investment choice that these guys (who control that 100 billion dollars) see over the next 70 days, something very big and very ugly is coming our way.
ZOMBIES!
The next possible test for support wont happen till 5,000. If it breaks down through that ... wow, hang on for a ride to the bottom.
Sure Bush will be blamed as will Obama. And they will be right as will those who blame Truman, Johnson, and Clinton. The US has twittered England and gone broke the same way with war after war, industry exporting deficit trade deals and the resulting move toward bigger government.
This post is what is called in sales the “Big Fat Claim”. Highly effective if you back it up with convincing data. Worse then useless if expected to stand on it’s own.
All the articles I’ve been reading that say similar things are A) much less alarmist, B) Less “sure”, and C) Back up the warnings with facts, figures, graphs, historical data, trend data, etc.
>>6000 by year’s end .... guaranteed.<<
I personally would not guarantee it.
But I expect it.
| Name | Last Trade | Change | Volume |
| CITIGROUP INC. | 4.82 4:00PM ET | 0.12 (2.55%) | 1,193,185,825 |
| FANNIE MAE | 1.70 4:02PM ET | 0.50 (41.67%) | 825,099,213 |
| FREDDIE MAC | 2.05 4:02PM ET | 0.32 (18.50%) | 384,107,376 |
>>While there might be a sell off in September or October, I don’t think we will see the Dow at 6,000. Instead, we will likely see the Dow at 10,000 by early September.<<
I think will probably see both - 10,000 by early September and 6,000 (or lower) by year end. It will be very interesting to see what Christmas sales do this year. Our family has gone totally present free, starting last year.
We're not necessarily talking about a purposely malicious President, but about truly ignorant people (incl. Obama's backers) obsessed with their own need to think they know better and to manipulate others - Jewish-type arrogance and pagan morality. Those who really do not understand what charity, or humility, or self-honesty (maturity) really are.
And those who risk, and innovate, and invent, and trust, and collaborate, in a word, faith, are finding the path has been obliterated by the ugliness of arrogance. How obvious is it when Barack Obama himself speaks?
We are staring LEFTISM in the face. Mao, Stalin, Hitler, etc. and it appears the majority of Americans have no clue, OR, like the AARP (who should know better) are so selfish they do not care.
Johnny Suntrade
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