Dow and SP500 Crash could start this week

Interest rates.

Interest rates will have to come up soon, watch for it.

When interest rates begin to benefit the money savers, money moves out of the market and the numbers fall.

Def not taking this from Alex Jones. I have been a professional trader for 10 years and I noticed the double tops forming today. I have traded every major market and I moved exclusively to precious metals last May. I know it may seem I am partial but I moved to the metals bc I already felt things were going south over a year ago. Take it for what you will but my senses tell me that if fatigue sets in for even a short time at these high prices... The investors will flee quick and bring equities down a quick 15-20%. Since those double tops are now formed those markets don't have a choice but to take them out ASAP. PROBLEM IS THERE IS NO SUCH THING AS A TRIPLE TOP lol

originally posted by: anonentity
a reply to: khnum


I'm pretty sure it will be this year, because the fundamental problems of 2008 haven't been addressed. www.zerohedge.com...
I don't think they can address the problems, with Keynesian economics, period.

I tend to agree but not from an economic perspective but a historical one,Germany in 1929 had a run down military and was a moral cesspit it took The Great Depression and a lot of civil disturbance to set up Hitler and to reboot Germany into a military and industrial giant,perhaps tptb are going to repeat with Trump either at the helm,or as the fall guy for Pence the guy they probably prefer.

a reply to: abe froman

Well they aren't forced to raise rates even though that bubble is now 9 times bigger than the mortgage bubble. If they raise rates more than 1/4 point it will shrink our GDP growth which is already crap, so I would think they will try to not do that for as long as they can. What a cluster# these professional politicians cornered us into.... Interest rates are the most important and organic part of an economy and they should never be moved artificially. Or at least they should have stopped playing with them in 2011 and took the rest of the 08 hit then.. But it was an election year, can't take a hit like that and get votes. Bastards.

a reply to: khnum


If the Fed is wound up, and the fiat money machine goes with it. You will see Gold and Silver go through the roof in a parabolic fashion. Its fairly obvious that Syria Iraq Libya Iran etc. , were wars to protect the Nixon's Petro dollar. Or may even have been rear-guard actions, to grab Gold. that's what the Romans were all about with regards to a strong military economy, they would be dumb if they didn't. Since it looks like now their will be a withdraw from the middle east with all that gold the dictators amassed, from what I can garnish from the information available, some serious economist are actually betting on a Crash before the fall of this year, they have bet on it and will be in the food line if it doesn't happen.

Most probably a bond collapse, as who the heck will want all that stuff that the Fed have? Anything could happen after the event. Since most of the Mexicans want to be in the USA, then it might be on the cards for an amalgamation, which would stabilise the country, all their silver, would be handy, when brought into a stable system.
.

a reply to: tonycodes


Trump will kick the can down the road until they can organise the Default, then return to the Gold standard. What other options are their? The interest if their is any on twenty Trillion , will do the country in, if their is no interest it will also do the country in. I'm of the mind this was always the end game for the demise of the petro dollar.

a reply to: anonentity

So, with the cash in circulation, what would the "true" value of gold be?

See, the thing is, the gold supply is limited and there isn't enough of it to pay for everything (Because the economy is really, really big. We buy and sell a lot of stuff.). It's a pretty simple concept, actually.

Money is symbolic, and always has been.

originally posted by: anonentity
a reply to: khnum


If the Fed is wound up, and the fiat money machine goes with it. You will see Gold and Silver go through the roof in a parabolic fashion. Its fairly obvious that Syria Iraq Libya Iran etc. , were wars to protect the Nixon's Petro dollar. Or may even have been rear-guard actions, to grab Gold. that's what the Romans were all about with regards to a strong military economy, they would be dumb if they didn't. Since it looks like now their will be a withdraw from the middle east with all that gold the dictators amassed, from what I can garnish from the information available, some serious economist are actually betting on a Crash before the fall of this year, they have bet on it and will be in the food line if it doesn't happen.

Most probably a bond collapse, as who the heck will want all that stuff that the Fed have? Anything could happen after the event. Since most of the Mexicans want to be in the USA, then it might be on the cards for an amalgamation, which would stabilise the country, all their silver, would be handy, when brought into a stable system.
.

The problem with gold and silver is that it can be confiscated like in WW2,so I would say yes the prices may go through the roof but on the black market. There is so much monopoly money out there that would have to be replaced that a gold standard may well be unworkable these days .Besides those in charge the central banks want all the hard physical assets for themselves.

The solution will probably be to create a new crypto-currency system with no cash that way you get total control. Which would be what the dark forces behind banking would want. A force majeure on all debt and Congress retaking control of money supply is a pipe dream Im sorry between the Bank of London and Federal Reserve all through us history that's been a suicidal move.

a reply to: Phage

Especially if gold hits a high that motivates companies to mine the almost unlimited amount of iron, gold, and silver from asteroids.

Pick a metal that is rare and relatively consumed in mass by manufacturing.

You cannot eat gold.

If it really goes to heck in a hand basket, I think ammo and guns will be the new currency.

a reply to: neutronflux

Checkpoints border guards and revolutionaries are actually more amenable to liquor,cigarettes and porn.

a reply to: neutronflux

Don't forget whiskey.


Dang, 1 minute too slow.

a reply to: Phage


Gold and silver, is real wealth. If theirs a ton of gold in the vault, and fifty million, dollar notes in circulation. The note is worth one fifty millionth of that ton. Then the cost of living works around that value in that particular country, it cannot be changed unless someone is telling porkies. In a fiat system when the money gets printed, it contains third party risk, then it gets overprinted, but the market adjusts the price of the metals accordingly. With respect to the fiat currency. If they try to control the price of the metals, like now when the fed shorts the markets, in collusion with other international banks, to make the fiat currency look good, when the blowout occurs , they skyrocket then fall back and settle well above what they were suppressed to.
At the moment the general feeling is, that the price of silver was kept around 17.20 an ounce, and below, by shorting it, but the demand for Physical Silver, is costing them money because they are betting on the price dropping, if it doesn't then they have to pay out. So it looks like , they are loosing control. China is buying more than the whole worlds silver production in a year at the moment, the mints are limiting production of coin. So if the metals price blows out of control by demand, that stuffs up the fiat currencies, as everybody uses wallpaper to buy real money. Then the panic to get it sets in, and suddenly everyone wants to cash in their silver certificates, for physical silver, but they never smelt the rat, in so much as they were not getting charged storage fees, that's because they haven't been storing any silver. Same with Gold.
Only one thing is for sure its worth what its worth to you.

a reply to: anonentity

Gold and silver, is real wealth.

As pointed out, can you eat it?

The note is worth one fifty millionth of that ton.

So what? What is that ton worth? The market value? What does that mean? Doesn't it depend on what it will buy? Doesn't the value of a paper dollar depend on what it will buy?

Only one thing is for sure its worth what its worth to you.

Yesssss, my precioussssss.

a reply to: Phage

So it is worth keeping a little gold simply for what it is worth to someone else

a reply to: Phage


Yes its all a bit of a sick joke , True you cant eat gold, but I would labour in a garden to bring you food, for an ounce of the yellow stuff, in fact for an ounce I would probably work a few weeks, planting and tending seeds. So in a way you can eat it,and after you have had a fine repast, the gold is still shiny and fresh and awaits another's bidding.

a reply to: hopenotfeariswhatweneed

Sure.
But in that SHTF thing? It ain't worth S.

Corn liquor on the other hand...

a reply to: Phage

I am sure there would be an element of the surviving population still clinging on to the system, hoping to keep gold and trade it for that elusive American dream.

originally posted by: khnum
Its been print to infinity since 2008 which relegates all known evaluation methods prior to this point to history...its not going to crash unless the squid and friends pull the plug

This ^^ is exactly what's happening. TPTB are merely waiting for the right moment and all we'll hear is a faint whooshing sound before it's Venezuela for us. Unless, of course, ANYone has an idea how to get out of a $20 TRILLION debt...?

originally posted by: FlyingMonkeyInSpace
Just tell me how I can blame this on Trump so I can sleep tonight :p

You actually can't. You CAN however blame Obama for the accumulation. Of course, people will blame Trump anyway as fully intended because apparently, it's whoever is in office at the time of the dust cloud that people will blame. Similarly to how those executive orders by Obama are being blamed on Trump. But then again, the people see all those wars during Obama's administration as Bush's fault... hmm. So, the correct thing would be to blame anyone BUT Obama!! That's it. yeah...

originally posted by: tonycodes
Def not taking this from Alex Jones. I have been a professional trader for 10 years and I noticed the double tops forming today. I have traded every major market and I moved exclusively to precious metals last May. I know it may seem I am partial but I moved to the metals bc I already felt things were going south over a year ago. Take it for what you will but my senses tell me that if fatigue sets in for even a short time at these high prices... The investors will flee quick and bring equities down a quick 15-20%. Since those double tops are now formed those markets don't have a choice but to take them out ASAP. PROBLEM IS THERE IS NO SUCH THING AS A TRIPLE TOP lol

Nice to hear from someone who is in the game.

Personally, Ive been calling for this house of cards to come down for a few years now. 2008 was when the "reset" should have occurred but the Fed has creatively kept it going. All the traditional logic for the stock market was tossed out the window. Now bad news is good news; means the Fed is going to keep the spice flowing.

I agree with some others that once interest rates start to increase you will see some jitters.

It will have to reverse course at some point. I have no idea when. Timing is everything.

The little "wealth" i have to play with I have been long gold miners, I got into some beat up oil miners this last few weeks which may or may not plan out. My favorite though is my physical gold and silver collection. Just buying those 1/10 oz gold coins and stashing them away is a nice hedge. Plus any pre 67 quarters and dimes which can still be found in circulation.

originally posted by: gottaknow

originally posted by: khnum
Its been print to infinity since 2008 which relegates all known evaluation methods prior to this point to history...its not going to crash unless the squid and friends pull the plug

This ^^ is exactly what's happening. TPTB are merely waiting for the right moment and all we'll hear is a faint whooshing sound before it's Venezuela for us. Unless, of course, ANYone has an idea how to get out of a $20 TRILLION debt...?.

Venezuela doesn't have the advantage of having its currency being the reserve currency of the world though. Im keeping my eye on the Petrodollar. Once a few major nations start to trade for oil in something other than the USD I think you may hear the start of the whoosh. Im also watching China casually unloading T bills onto the market place. I do know that once it starts it will snowball downhill fast. As you say 20 trillion is just.....staggering. Future generations will read about this in economics 101 Im sure.

originally posted by: FlyingMonkeyInSpace
Just tell me how I can blame this on Trump so I can sleep tonight :p

originally posted by: gottaknowYou actually can't. You CAN however blame Obama for the accumulation. Of course, people will blame Trump anyway as fully intended because apparently, it's whoever is in office at the time of the dust cloud that people will blame. Similarly to how those executive orders by Obama are being blamed on Trump. But then again, the people see all those wars during Obama's administration as Bush's fault... hmm. So, the correct thing would be to blame anyone BUT Obama!! That's it. yeah...

I remember when Obama was elected in 2008 there were some who said that TPTB would hand the keys to a black man and pull the plug. FWIW I blame every president since Nixon (nixon pulled the USD from the gold standard); then again, who can blame them for not wanting the good times to keep rolling? This could last for years. The writing has been on the wall for a generation now.