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“We Have Front-Row Seats To An Imminent Market Shock”, Hedge Fund Billionaire Warns!

Global economic, financial and currency collapse fast approaching!

Global economic, financial and currency collapse fast approaching!

  • “We Have Front-Row Seats To An Imminent Market Shock”, Hedge Fund Billionaire Warns! 
    by Tyler Durden,
    Having previously noted that “this is the best shorting opportunity since 2007-9,” Billionaire hedge fund manager Cripsin Odey warns that (just as Goldman has noted) the global economy is h”eaded for recession and central banks will not be able to able to come to the rescue because they have exhausted the arsenal of policy weapons.” No matter what happens, he chides, the market shrugs it off as they are “kind of relying on central banks pulling a rabbit out of a hat.” They will not, “Central banks are not all singing and all dancing,” and cannot avoid the consequences of what they are doing, concluding, “you and I have got grandstand seats here [to an imminent market shock],” and investors are about to “find out just how illiquid it really is out there.”

    One of the world’s leading hedge fund managers has warned that global economies are headed for recession and central banks will not be able to able to come to the rescue because they have exhausted the arsenal of policy weapons. As The Sydney Morning Herald reports,

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March 13, 2015 Posted by | Economics | , , , , , , , , , | 1 Comment

Plunge Protection Exposed: Bank Of Japan Stepped In A Stunning 143 Times To Buy Stocks, Prevent Drop!

WSJ: Analysts say the bank’s action has been a significant driver of Japan’s stock-market rally in recent months, combined with hefty purchases by the $1.1 trillion Government Pension Investment Fund.

WSJ: Analysts say the bank’s action has been a significant driver of Japan’s stock-market rally in recent months, combined with hefty purchases by the $1.1 trillion Government Pension Investment Fund.


March 12, 2015 Posted by | Economics | , , , , | 1 Comment

Six Days Until Bond Market Crash Begins?


  • I do not submit to the view that “Cash is King”. All paper assets will collapse in value. The safe haven is physical gold and silver.
  • Six Days Until Bond Market Crash Begins?! 
    by EconMatters 
    Run for the Exits
    Today early in the morning,  realizing this was going to be a robust selloff in equities, the ‘smart money’, i.e., the big banks, investments banks, hedge funds and the like, ran to the old staple of buying bonds hand over fist with little regard for the yield they are getting paid for stepping in front of the freight train of rate rises coming down the tracks. FOMC Meeting & Press Conference

    Just six days away from the most important FOMC meeting in the last seven years, and another 300k employment report in the rear view mirror, this looks like an excellent place to hide for nervous investors who have far more money than they have grains of common sense. Newsflash for these investors, yes markets are over-valued, and you need to get out of Apple, and about 100 other high flying overpriced momentum stocks, but you can`t hide out in bonds this time.  That party is over, and next Wednesday`s FOMC meeting is going to make this point abundantly clear.

    Cash is King
    There is no place to hide except cash.  You should have thought about that before you gorged yourself on ZIRP to the point where you have pushed stocks and bonds to unsupportable price levels, and you keep begging for the Fed to stall just another six months, so you can continue to buy more stocks and bonds. Well you have done an excellent job hoodwinking the Fed to wait until June, you should thank your lucky stars you have done such a good job manipulating the Federal Reserve; but just like the boy crying wolf, this strategy loses its effectiveness over time.

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March 11, 2015 Posted by | Economics | , , , , , , , , , , , | 1 Comment

Former SEC Director Admits The Truth: The Market Is Rigged !


  • Former SEC Director Admits The Truth: The Market Is Rigged! 
    by Tyler Durden, 
    For more than a decade, John Ramsay kept his mouth shut about how rigged the US equity market was.

    As SEC Director of Trading & Markets, Ramsay tells Bloomberg her “had red tape over his mouth,” but now he is “uncorked.”

    “I’ve been able to find my voice on these issues in a way I couldn’t have done when I was in the government, because you’re always limited by internal politics and not wanting to get too far out in front of the agency,” he said. “I feel like I’ve been a little bit uncorked.”

    Having joined Brad Katayama’s IEX Group (infamous for the Flash Boys’ exposure), Ramsay  is calling out the “convoluted” and “illogical” pricing rules of major stock exchanges and compared the $25 trillion U.S. stock market’s structure to the Death Star of “Star Wars.”
    And so when he uncorks a nasty reality check on the market, perhaps it is time to listen… 

    “The current market ecosystem is not sustainable, and significant changes are coming one way or another,” Ramsay said in a speech delivered at a New York technology conference in September.
    He outlined how the market lost its way: conflicts of interest among brokers, a two-tier system favoring the speediest and a general sense that today’s rules have been crafted to the benefit of insiders.

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March 11, 2015 Posted by | Economics | , , , , | 1 Comment

David Morgan: Debt Bomb Going to Explode in September 2015!

  • David Morgan: Debt Bomb Going to Explode in September 2015!
    by Greg Hunter’s 
    Renowned precious metals analyst David Morgan is out with a new book called “The Silver Manifesto.” In a chapter called “The Debt Bomb,” Morgan lays out the biggest problem and the biggest reason to own precious metals. Morgan contends, “Basically, the United States have exported our inflation to every other country. So, for them to stay competitive, they are required to weaken their own currencies for what is called competitive advantage. It simply means if they don’t print . . . their currencies would become too strong, and they would not be able to export. In order to keep trade flowing, these other countries are basically required to do what the U.S. government does, and that is export a great quantity of un-backed paper promises that are impossible to pay back. That’s the crux of “The Debt Bomb.” It’s going to explode. . . . The basic premises are: You default on the debt . . . or you keep kicking the can down the road, and you continue to debase the currency, which is what governments have always done when it’s a non-backed currency. If you look at the value of the Federal Reserve from 1913 to now, in a little over a hundred years, the Federal Reserve itself will admit that 100 cents is now worth about 4 cents. So, you have lost 96% of the value of the U.S. dollar. . . . That has been a failure, a tremendous failure. That is a collapse in slow motion. Now, what we are really arguing about is what’s going to happen to the last 4 cents of the U.S. dollar. . . . It looks to me that at some point, a tipping point, that you will get an acceleration . . . and things will change dramatically.”

    On the Greek debt crisis, will it be forced to default? Morgan says, “Yes, and the problem is everyone in power is acting like a bunch of kids. No one wants to be an adult and state the problem clearly. This new regime in Greece actually has. They are the only truth tellers at the political level that actually said we are bankrupt.”

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March 10, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , | Leave a comment

The Second Round of the Crisis Will DWARF 2008 In Size and Scope!


  • The Second Round of the Crisis Will DWARF 2008 In Size and Scope! 
    by Phoenix Capital Research, 
    If you are an investor, your big concern should not be about what to stocks… but what happens when the bond bubble goes bust.

    All of the biggest problems in the financial world revolve around the bond markets today:

    1)   Greece’s sovereign debt crisis
    2)   The Bank of Japan is purchasing ALL new debt issuance in Japan.
    3)   The Fed is terrified of higher interest rates because ever 1% change means over $100 billion more in interest payments on the US debt.

    For 30+ years, sovereign nations have been papering over the decline in living standards by issuing debt. In its simplest rendering, sovereign nations spent more than they could collect in taxes, so they issued debt (borrowed money) to fund their various welfare schemes.

    This was usually sold as a “temporary” issue. But as politicians have shown us time and again, overspending is never a temporary issue. Today, a whopping 47% of American households receive some kind of Government benefit. This is not temporary… this is endemic.

    All of this is spending is being financed by borrowed money… hence, the bond bubble, the biggest bubble in financial history: an incredible $100 trillion monster that is now growing by trillions of dollars every few months.

    We do not write that point for effect. Look at the vertical ramp in US debt. Over the last five years. (top of post)

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March 7, 2015 Posted by | Economics | , , , , , , , , , , , , | 1 Comment

50-Year Veteran Warns There Is No Way Out Of This As World Heads For Next Crisis!

Global financial tsunami fast approaching!

Global financial tsunami fast approaching!

  • 50-Year Veteran Warns There Is No Way Out Of This As World Heads For Next Crisis! 
    With the eyes of the world focused on soaring stock markets, today a 50-year market veteran warned King World News that thre is no way out of this as the world heads for the next crisis.  He also discussed the truth about what is really happening around the world.

    John Embry:  “I was struck in the last 24 hours by the news of the Austrian bad bank halting payments on $11 billion in debts and referring to a hole in their balance sheet of over $8 billion.  At the same time I noticed that in this new Greek bailout that is being proposed, Spain is going to be contributing 14 percent of the money….

    “So we have the bankrupt financing the bankrupt.  This is turning into the theater of the absurd.  It’s symptomatic of the fact that the debt crisis, which started the 2008 global financial crisis, has not gone away at all.

    World Debt Over $200 Trillion

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March 3, 2015 Posted by | Economics | , , , , , , , , , , , , , , | 2 Comments

Gregory Mannarino: Staring Down Barrel of Worst Financial Cataclysm Ever!

  • Gregory Mannarino-Staring Down Barrel of Worst Financial Cataclysm Ever! 
    by Greg Hunter’s
    Trader and financial analyst Gregory Mannarino says, “I think things are looking very bad in the immediate future here.  Just this month, the ECB is going to start their Japan style quantitative easing, and that is going to make the U.S. equity market look a little less desirable . . . . I think we are going to see some cash leave the U.S. stock market.”  Mannarino goes on to say, “What’s even scarier . . . I think these games we have seen in the dollar could take off parabolic from here, and that is not good. . . . The digits cannot keep up with how fast the Federal Reserve is printing cash out of thin air, right at this moment, to try to combat this deflationary environment. . . .  The Federal Reserve did not see this dollar strength coming and how it would affect Wall Street.  You can expect the Federal Reserve to be forced to act to punish the dollar at some point, and that is going to hurt the Federal Reserve’s credibility. . . . When a world central bank becomes so desperate that it has to engage in this type of behavior, you know things are very, very bad.”

    Mannarino points out a recent comment by a former Fed Chief that back up his claim the global economy is in deep trouble.  Mannarino says, “Even Alan Greenspan came out last week talking about how the global economy is extraordinarily weak, despite what we are hearing from the mainstream media that everything is good, and that they got everything under control.  The fact of the matter is this, nothing is real. . . . Central banks are taking the debt and manipulating it, and it distorts every asset class across the spectrum.  So, there are no price discovery mechanisms anywhere.  There is going to be a terrible price to pay for this.”

    Mannarino goes on to say, “This is not just a financial problem.  This is a resource issue, and when this debt bubble bursts, basic necessities that people need to sustain their lives are not going to be available.  This is a resource issue on a global scale.  This entire fake system will continue to fall apart, and it is falling apart right in front of our eyes.  People are going to be rioting in the streets of every nation on earth when this comes apart.  There is no doubt about it, and there is no way out of it.”

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March 3, 2015 Posted by | Economics | , , , , , , , , , , , , , , , | 1 Comment

Prepare! We Are At The Verge of Collapse Says Jonathan Cahn Author of Mystery of the Shemitah!

  • Jonathan Cahn: A Great Shaking and Collapse is Coming! 
    by Greg Hunter’s 
    Best-selling author of “The Harbinger,” Jonathan Cahn, is worried about America. Cahn, whose new book “Mystery of the Shemitah,” warns, “Everything is converging around this time (which is based on 7 year cycles).  I believe we need to be ready, and that’s why I believe I had to write the ‘Mystery of the Shemitah.’  I believe a great shaking is coming.  … a great shaking is coming to America and we need to be ready.”  Cahn goes on to say, “I believe we have a house of cards.  We had that in 2007 and 2008 and everything was wiped out, and we said now we are not going to do this anymore, and we have gotten worse since then.  What I have noticed is there are times when this phenomenon is stronger, and if you look at the 1930’s where you have the Great Depression . . . then the 1970’s and onward.  The key thing, when you look at those two periods, is this comes at a time when America’s debt was at its peak.  Now, this debt level, this house of cards, is astronomical.  What that tells me, the phenomenon of the Shemitah is all the more powerful.  I believe . . . we are going to see a collapse of this house of cards.”

    How do you get ready for this collapse?  Cahn, who is a Christian minister, says, “The first thing is if you are listening to this and you are not right with God, get your life right because America is rapidly accelerating into a moral collapse and a spiritual collapse.  That’s part of the picture, and the economic part follows that.  But the first thing is get your life right with God.  …

    Cahn goes on to say, “Number two, the Bible says a prudent man prepares.  What do you do?  I am not a financial expert, but I will speak for myself . . . in general, I would not be putting my stock in the stock market or have things attached to it. . . . You should also have essentials in store so if there is a collapse of not only markets, but of infrastructure and services, and these things should break down, that you would be okay for this time period.  I am not a survivalist.  I am more of a revivalist. . . . We say things will always work perfectly, and I don’t believe things will always work perfectly.  I believe we are at the verge of collapse.”

    On the stock market, Cahn goes on to explain, “I want people to be aware and be warned . . . . In the last 40 years . . . you have these collapses in the markets, long term collapses.  The dates are 1973, 1980, 1987, 2000 and 2007.  Every single one of them is on the seven year cycle.  Not only that, every single one of them happens at the time of the Shemitah.  It’s not just a 7 year cycle, but on the exact appointed time.  This has happened every single time, and the last two have been so exact . . . what you have is the greatest stock market point crash, September 17, caused by 9/11.  That day that it crashed is “Elul 29,” the day that is appointed in the Bible of an exact date you have to wipe out financial accounts and becomes a sign of warning of a nation under judgment.  On the exact day, September 17, 2001, you have “Elul 29” that happens not just once a year, Elul 29 happens every 7 years.  Then, that record stays for the next 7  years until you get to the great crash of the great recession.  The greatest crash in history, September 29, 2008, they ring the bell, and the bell refuses to ring.  They take that as a sign, and on that day comes the greatest crash in American history.  Not only on that day, but it was the wipe-out day of the Shemitah that happens only once every 7 years.  So, the two greatest crashes happened exactly 7 Biblical years apart  down to the day, down to the hour, and down to the minute.  We need to be aware because we have entered the year of the Shemitah, now.  The beginning of the Shemitah is very un-dramatic . . . but if something is going to happen this cycle, the pattern is that it happens at the end of the cycle.  That focuses around the time of September.  This is a time when some of the biggest crashes have happened.”

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February 26, 2015 Posted by | Economics, Social Trends | , , , , , , , , , , , , , | 1 Comment

Gregory Mannarino: Economic WAR Between U.S. & Russia! Prelude to WW3!

  • Published on Feb 12, 2015

    – New proof of economic collapse ►0:19
    – The stock market to rise or crash? ►4:01
    – Is the Federal Reserve signally economic collapse ►5:38
    – Economic war between U.S. and Russia ►6:56
    – WWIII lies ahead ►11:18
    – How to get others awake ►13:00
    – How to prepare ►14:13 


February 13, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

What’s Coming Will Be Much Much Worse Than 2008!

Global economic, financial and currency meltdown approaching!

Global economic, financial and currency meltdown approaching!


  • What’s Coming Will Be Much Much Worse Than 2008! 
    by Phoenix Capital Research, 
    Last week we touched upon the “white elephant” in the room: that the biggest, most important bubble investors should worry about is in bonds, NOT stocks. Consider the following…

    The financial system is based on debt. US Treasuries, the benchmark for an allegedly “risk free” rate of return, is the asset against which all other assets are priced based on their relative riskiness. This “risk free” rate has been falling steadily for over 25 years.

    The Wall Street Journal estimates that a third of traders have never witness a rate hike. However, the real problem is far greater than this.

    Bonds have been in a bull market for over 30 years. Forget rate hikes… an entire generation of investors and money managers (anyone under the age of 55) has been investing in an era in which risk has generally gotten cheaper and cheaper.

    This, in turn, has driven the rise in leverage in the financial system. As the risk-free rate fell, so did all other rates of return. Thus investors turned to leverage or using borrowed money to try to gain greater rates of return on their capital.

    The ultimate example of this is the derivatives market, which is now over $700 trillion in size. This entire mess is backstopped by about $100 trillion (at most) in bonds posted as collateral.

    This formula of ever increasing leverage works relatively well when the underlying asset backstopping a trade is rising in value (think of the housing bubble, which worked fine as long as housing prices rose). However, if the asset ever loses value, you very quickly run into trouble because you need to post more as collateral to backstop your trade. If you can’t do this easily, the margin calls start coming and you can find yourself having to unwind a massive position in a hurry.

    This is how crashes occur. This is what caused 2008. And it’s what will cause the next crisis as well.

    read more!



February 12, 2015 Posted by | Economics | , , , , , , , , , , , | 1 Comment

Marc Faber Warns “Frankenstein” Global Financial System To Collapse!


  • Marc Faber Warns “Frankenstein” Global Financial System To Collapse! 
    On the heels of increased geopolitical tensions, particularly in Ukraine, and the Greeks manevering to avoid default, today legendary Marc Faber warned King World News that the Frankenstein global financial system is going to collapse.

    Eric King:  “There are over one quadrillion dollars of derivatives that could melt down the global financial system.”

    Marc Faber:  “My take on this is simply that derivatives will not survive for the next 2,000 years….  

    Derivatives Market To Disappear Within 5 Years
    “It’s something that has developed and it will vanish.  My suspicion is it (the derivatives market) will be gone within 5 years.

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February 10, 2015 Posted by | Economics | , , , , , , , , , | 1 Comment

European Stocks Plunge as Greece Sticks to Anti-Austerity Policy!

  • Published on Feb 9, 2015
    European stock markets sink after Greek Prime Minister Alexis Tsipras pledges to stick to his electoral anti-austerity promises. Tsipras has pledged that he remains unshakable in his bid.

    London’s FTSE 100 index fell by nearly one percent in early trade. Also in Paris, CAC 40 shed a little more than one percent. The impact was harder in Germany where Frankfurt DAX 30 index plunged by over one and a half percent. But, stocks took the greatest blow in Athens, plummeting by more than six percent at the opening bell. This comes on back of Greece’s refusal to ask for a bailout extension from its creditors with a deadline looming this week. Intense talks are underway in Athens to avoid a Greece default and its potential exit from the eurozone. German Finance Minister Wolfgang Schaeuble has warned that Greece needs to agree with its creditors if it wants European help.


February 10, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Comments Off on European Stocks Plunge as Greece Sticks to Anti-Austerity Policy!

Today’s “Dip” Is A Warning – Get Out Of The Casino!


  • Today’s “Dip” Is A Warning—-Get Out Of The Casino! 
    by  , January 27, 2015, 
    Shortly after today’s open, the S&P 500 was down nearly 2% and off its recent all-time high by 3.5%. But soon the robo-machines and day traders were buying the “dip” having apparently once again gotten the “all-clear” signal.

    Don’t believe it for a second! The global financial system is literally booby-trapped with accidents waiting to happen owing to six consecutive years of massive money printing by nearly every central bank in the world.

    Over that span, the collective balance sheet of the major central banks has soared by nearly $11 trillion, meaning that honest price discovery has been virtually destroyed. This massive “bid” for existing financial assets based on credit confected from thin air drove long-term bond yields to rock bottom levels not seen in 600 years since the Black Plague; and pinned money market costs at zero—-for 73 months running.

    What is the consequence of this drastic financial repression along the entire yield curve? The answer is bond prices which keep rising regardless of credit risk, inflation or taxes; and rampant carry trade speculation that can’t get out of its own way because  central banks have made the financial gamblers’ cost of goods—the “funding” cost of their trades—-essentially zero.

    Needless to say, this is all too good to be true because it has generated humungous funding mismatches. That is, on the warranted word of central bankers—-who are petrified of a Wall Street hissy fit in any event—-speculators have funded long-term debt and equity securities with overnight money which must be rolled every day. This “works”, of course, until the carry-traders are hammered by a sudden, powerful and unexpected shock owing to either a sharp drop in the price of their “long” asset or spike in the carry cost of their overnight funding.

    Thus, the true evil of central bank “wealth effects” pegging of risk asset prices (i.e. the Greenspan/Bernanke/Yellen “put”) is not merely the undeserved windfalls which accrue to the financial asset owning households at the very top of the income ladder. An equally baleful effect is that it suppresses fear of risk and eventually drives it from the casino entirely.

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January 29, 2015 Posted by | Economics | , , , , , , , , | 1 Comment

A Perfect Storm: Brace Yourself for an Epic Economic Meltdown!

Global Super Storm meltdown??

Global Super Storm meltdown??

  • A Perfect Storm: Brace Yourself for an Epic Economic Meltdown! 
    by James Rickards, 
    Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 subprime mortgage meltdown.

    Circumstances lead me to believe it could play out like the meltdown I experienced in 1998 after Long-Term Capital Management (LTCM) failed. This time, however, there will be several crucial differences that will leave investors and regulators unprepared.

    In fact, last week, I held a live intelligence briefing called The Perfect Storm: A 1998 Redux to alert Strategic Intelligence readers to the dangers. But what I didn’t mention during the briefing were the two intelligence triggers I used to support my outlook.
    In 1998, a financial panic almost destroyed global capital markets. It started in Thailand in June 1997 and then spread to Indonesia and Korea. By the summer of 1998, Russia had defaulted on its debt and its currency collapsed. The resulting liquidity crisis caused massive losses at hedge fund Long-Term Capital Management.

    I know about the losses because I was there. As LTCM’s lead counsel, I was at every executive committee meeting during the height of the crisis that August and September. We were losing hundreds of millions of dollars per day. Total losses over the two-month span were almost $4 billion. But that wasn’t the most dangerous part.

    Our losses were trivial compared with to the $1 trillion of derivatives trades we had on our books with the biggest Wall Street banks. If LTCM failed, those trillion dollars of trades would not have paid off and the Wall Street banks would have fallen like dominoes. Global markets would have completely collapsed. 

    The next financial collapse, already on our radar screen, will not come from hedge funds or home mortgages. It will come from junk bonds, especially energy-related and emerging-market corporate debt.

    The Financial Times recently estimated that the total amount of energy-related corporate debt issued from 2009-2014 for exploration and development is over $5 trillion. Meanwhile, the Bank for International Settlements recently estimated that the total amount of emerging-market dollar-denominated corporate debt is over $9 trillion.

    Energy-sector debt has been called into question because of the collapse of oil prices. And emerging markets debt has been called into question because of a global growth slowdown, global deflation, and the strong dollar.

    The result is a $14 trillion pile of corporate debt that cannot possibly be repaid or rolled over under current economic conditions. Not all of this debt will default, but a lot of it will. Most of the energy related debt was issued in the expectation that oil would remain in the $80 to $130 dollar per barrel range

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January 22, 2015 Posted by | Economics | , , , , , , , | 1 Comment


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