Things are really rickety at the moment.

We have been warning and warning about the dangerous levels in the stock and bond markets, hoping that most of you would take safe haven in cryptocurrencies. Alas, many of you may find these warnings annoying or even entertaining because your confidence is secured in your favorite fund manager's views or opinions of the current market. We have only a little over 45 years experiences in this subject, so when we found this statement on ZeroHedge today, we were quite surprised. ZeroHedge stated " over 60% of fund management professionals have less than 8 years market experience ."

 Here's their article.

Again, we reviewed ZeroHedge's article about the markets' technical fundamentals, and surprise! They agreed with us. Things are shaky!

 Not to be redundant, but ZeroHedge hit the nail on the head AGAIN on the underlying weakness that WILL rear its ugly head soon. The GDP forecast does NOT support this present day market exuberance!

Yet again, ZeroHedge pointed out that even the Fed Chairman says this financial path is unsustainable.

Even with all of that information in front of us, many folks have been led to believe that they are SAFE in the stock or bond markets. In fact, the recent media maligning of bitcoin and other cryptocurrencies has actually been designed to scare off investors. The very Wall Street bankers that have been filling you full of fear & doubt about bitcoin and cryptocurrencies are actually secretly building huge investments in cryptocurrencies. They want to control this asset class BEFORE you do! If cryptocurrencies are so volatile and dangerous, then WHY is Goldman Sachs BUYING a cryptocurrency exchange? 

 To be blunt, underlying fundamentals have to be in place to support wildly optimistic market moves like we have seen for the past year. Those fundamentals are NOT there. The economy is much weaker than anyone wants to admit. A weak dollar, a weak economy, and over inflated market values are a recipe for disaster. There is NO getting around it.  YOU are quickly running out of time to protect yourself.

Today's chart shows the vulnerability of the retail investor!
Hmmm, we spent three days above the 50 day moving average, and that third day gave up ALL of the gains of the second day! That's not a good thing.

Comments

Post a Comment

Popular posts from this blog

How to Profit from Cryptocurrencies

The dramatic explosion in cryptocurrency investment is going to be with us for a while. Early adopters and investors will make fortunes. New digital currencies are being created daily by private entities and governments all over the world. This blog is your one-stop shop to get started in this exciting and rewarding event. Everything you will need to get started is contained within these posts and pages, so spend an afternoon and read through this entire blog. It will save you time and effort. We have provided what we refer to as " members of our preferred portfolio ."  These members are cryptocurrencies that should be in your investment portfolio. These are preferred cryptocurrencies that we hold and which we strongly recommend to our friends and family. At this moment, we PREFER Bitcoin, Ethereum, Electroneum, and Monero . We own and mine these coins; and, we consider them "long term" holds. As we find new cryptocurrencies in which we invest, we will share tha
Read more

WE WARNED YOU YESTERDAY! Now, it's time to LOOK OUT BELOW

Image
Yesterday, we warned that a market collapse could come on Friday (TODAY). Well, indeed, something went seriously wrong on the Toronto Exchange which could have easily spread like cancer throughout the western markets bringing everything down in a panic!  Read this article, NOTICE HOW VAGUE THE PROBLEM IS DESCRIBED, actually NO explanation at all! Now, IF you THINK this was an odd coincidence, you deserve to loose your assets! The warning signs are everywhere. And, the rigging of cryptocurrencies by Wall Street is self-serving to give these corrupt bankers a lifeboat while they let everyone else drown in this disaster! If you're NOT invested in cryptocurrencies, you WILL regret it very soon. The handwriting is clearly on the wall. Now, LOOK at this DJIA chart.... That's NOT a good picture! The US dollar was DOWN today against the Mexican peso, Japanese Yen, British Pound, Chinese Yuan, Canadian Dollar, Korean Won, Indian Rupee, and Eurodollar! PAY ATTENTION!  This cou
Read more

The signs are everywhere! Get ready!

Image
Well well well, clearly NOBODY wants to be holding ANY long positions over the weekend! Not stocks! Not commodities! Not bonds! I wonder what's going on? Hmmmm, let me think, could it be the dreaded down turn we've warned about?  Could be, just take a look at these charts.... Rut row, we broke the 50 day average AND 8 day EMA! And look at that volume, a little spike there?  And the NASDAQ? Rut row, kinda looks like the same thing! How about that S&P 500 chart? Same thing there!!  Look out for next week. A big drop is coming soon! Are you ready?? The cryptocurrencies are looking stronger and stronger. Ya better have your house in order! Again, now would be a good time to get your investment arsenal ready for action! Check out CryptoSuite! Tick tock tick tock..... Eli's coming!!
Read more