Like everything else in our financial system, applying the term “bull market” to the stock market is a fraud. It hasn’t really been a bull market it’s been more like a b.s. market…what’s going to happen to this stock market is going to be far worse than what we saw in 2008. – per my conversation with Kerry Lutz on his Financial Survival Network show
Every day the U.S. stock market drops, the Propaganda Ministry in the U.S. blames China. Of course, it has nothing to do with the fact that the U.S. stock market is at least as insanely overvalued as China’s. And underlying the U.S. stock market is an unprecedented degree of fraud and corruption.
This graph to the right shows that China’s economic weakness is tied directly to a collapse in its exports to the U.S., the EU and Japan. The E.U. and the U.S. are China’s two largest export markets. Is it really China’s fault that the amount of goods being imported by these two markets has plummeted?
Obviously, the plunge in China’s exports can only be attributable to a steep decline in economic activity in the three countries represented in the graph above. This is especially true given the relative strength of the U.S. dollar, which makes Chinese good cheaper in dollar terms.
The truth is that the “bull market” in U.S. stocks is nothing more than bull market in money printing, credit creation, an unprecedented level of Central Bank intervention and extreme fraud. Because of the ongoing and continuous market manipulation, predicting the timing on the next stock market collapse is impossible.
But as the Fed’s stock market “high-wire juggling act” continues, the valuation of the stock market becomes increasingly dislocated from the underlying economic and financial market fundamentals. At some point the “gravity” from reality will engulf the stock market and “pull” it quickly back to earth.
You can hear my discussion with Kerry Lutz on his Financial Survival Network by clicking on this link: Financial Survival Network
For ideas on how to take advantage of this highly overvalued stock market, click on the banner below (a Paypal account is not required):
It occurs to me, having given this much thought over the past few days that there is an extremely bullish reason for silver lagging the mining shares which started their upward movement in mid-January! A lag of that length is unprecedented (in the past the lag might have been a week or two) and so I believe the reason is that those who still control the silver market derivatives (which includes the COMEX) dare not let go of control of silver because of where it might head (somewhere towards $100 in the first instance! I cannot see any other explanation except for trolls who will try to ‘convince’ me that the above is ‘wishful thinking’ without offering any cogent counter argument.
I still believe that a very violent move up is coming – in the form of an instantaneous price re-set as a result of which control is wrested from those who possess it now – or, rather, a series of re-sets over a period of months. That is why there has been little or no movement in the price of silver recently and it is confirmed by the impossibly high silver to gold ratio of over 80 oz. of silver to one oz. of gold. That is your ‘clue’ that this isn’t ‘real’ and so cannot be sustained. Only the timing is not yet clear.
I think you’re right. It’s an extremely fragile global (faux) market right now, and I don’t think it will take much to bring it down. Think of an overloaded structural support that is at the limit of its deflection. At some point a minimal amount of incremental stress fractures it.
The Bank Criminals are doubling down on their efforts to disguise the stress. This is their Nightingale strategy. Regardless, this is a gambit they appear to have no fear in undertaking. They are confident of success because;
1. they are covered by a “make whole provision” from the Fed,
2. they have no choice because of hidden derivative failure,
3. they’ve run out of gold and silver,
4. they self deal
5. they have perfect knowledge.
I’ll take 1 through 4, Alex.
We have all been living in a virtual reality for quite some time.
The difference is that some people have awakened to that truth.
Up is down, black is white, war is peace and the stock market is real.
Eventually the unicorn will stop shitting free skittles and that is when
the rainbow disappears and majority will wake up.
Agree with you on everything, except the part where you mention “money printing”. I say “currency printing”. Money can’t be possibly printed.
I know I’m being pedantic, yes. 😉 But it’s a big distinction for newcomers to the truth – for whom it’s a jarring shock to realize currency is not money.
I could not agree more with the title of your blog. That is exactly what the last 7 years have been. I remember reading Robert Prechter’s Conquer the Crash in 2002 saying the Fed would never do any of the things they are like buying mortgage bonds and other junk because the market would react negatively. Wow, was that wrong! He underestimated the greed of markets and front running. This is truly an amazing joke. However, you mention it to you family or friends and they laugh at you as a doomer. It is a lonely place.
It is a bull market for 1% and permanent recession for 99%. Bernanke, the thief in chief had the gall to claim that he saved the world from recession. What he did was to merely re-enable his buddies to steal more from the public. He and his Wall st masters are having a party since seven years but the average Joe struggles with just keeping pace with his rising expenses. There are many who had to dip into their rent money to buy food, fell behind on rent payments and got kicked out as a result. When prosperity is enjoyed by a select few well connected people while at the same time worsening the economic situation for the rest of the people, that is NOT the sign of a bull market.
Insightful interview with Kerry. Trump is always attacking China for “currency manipulation” which is true, but what about the Fed’s “currency manipulation??”
AA
From “Joe:”
Money, and, or, Currency is merely a concept, a fictional fabrication, controlled by a few, accepted by most, that is digitalized, exchanged, leveraged, hoarded, spent, borrowed by all who embrace this collective concept because it provides a means to satisfy their needs.
Only when there is a failure in this present financial system to provide enough of the basics for the masses, the greed of the powerful, or a sovereign entity is unfairly excluded, will the concept of money be questioned and changed.
Those, such as ourselves, anxiously, yet, amusingly, await further developments.
New documents show financial crisis panel recommended Robert Rubin for DOJ investigation http://for.tn/1TXKEu9
New documents show commission believed the former Treasury Secretary may have broken the law.
In late 2010, in the waning months of the Financial Crisis Inquiry Commission, the panel responsible for determining who and what caused the financial meltdown that lead to the worst recession in decades voted to refer Robert Rubin to the Department of Justice for investigation. The panel stated it believed Rubin, a former U.S. Treasury Secretary who has held top roles at Goldman Sachs GS 1.93% and later Citigroup C 3.92% , “may have violated the laws of the United States in relation to the financial crisis.” Rubin, the commission alleged, along with some other members of Citi’s top management, may have been “culpable” for misleading Citi’s investors and the market by hiding the extent of the bank’s subprime exposure, stating at one point that it was 76% lower than what it actually was.
No government action was ever brought against Rubin. And there is no evidence that Department of Justice acted on the crisis commission’s recommendations. A source close to Rubin says the former Wall Street executive was never contacted by the Justice Department in relation to the commission’s allegations. Nonetheless, the fact that Rubin was among a relatively small group of top bankers who the crisis commission referred to the Justice Department for potential wrong-doing sheds new light on the financial crisis, and the government’s effort to pursue those who may have broken the law.