Until recently, I have not used the term “stock market crash”. I do not take using this term lightly. It brings with it major repercussions. I am now breaking out this phrase because of the current state of the stock market. This stock market crash will occur within the next six months from today… The markets will fall within a combined day/few days a total of at least 20%. Bookmark this article.
So writes Nicholas Santiago (investing.com) in edited excerpts from his original article* entitled Crash: A Prediction Of Epic Proportions.
[The following article is presented by Lorimer Wilson, editor of www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.]
Santiago goes on to say in further edited excerpts:
An Absolute Mess
- Poor earnings continue to hammer individual names in almost all regions of the stock market.
- The U.S government continues to bicker over the debt ceiling and spending.
- The global picture is showing another real estate bubble in China and Europe is still an absolute mess, contrary to what the big players are saying to the public…
- The Federal Reserve continues to and will continue to print tens of billions of Dollars a month, inflating the stock market…
A reckoning day will happen and for the first time in years I am seeing the epic signals clearly. I call this technical signal the Devil Tail Formation. It is something I have not seen in the charts since 2007.
The likely scenario would be for it to happen in 2014 but there is a small chance it happens prior. The house of cards will unfortunately fall as the biggest bubble ever created crumbles.
Let’s be clear about bubbles. They are all Federal Reserve induced. Every one in the history of the stock market has been a manipulation technique headed by the biggest bankers in the world.
My other prediction for the future will be that at some point years out, there will be talk of bringing federal charges against the top Federal Reserve officials as the people demand it.
I have said my piece.
Have a wonderful and happy evening.
[Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.]
*http://www.investing.com/analysis/crash:-a-prediction-of-epic-proportions-189272 (© 2007-2013 Fusion Media Limited. All Rights Reserved)
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