Black Tuesday October 29th 1929 Revisited?

By Richard Lancaster – Re-Blogged From http://www.Gold-Eagle.com

Note: This article was originally posted October 29, 2002, when US stocks were in the midst of a severe market crash.  Appropriately, and in view US stocks have already fallen 10% during the first 3 months of 2018, we believe everyone should carefully review the present update as another CRASH may be brewing on the horizon in 2018.

“These are days when many are discouraged. In the 93 years of my life, depressions have come and gone. Prosperity has always returned and will again.”
– John D. Rockefeller on the Depression in 1933

Continue reading

Advertisements

Market Volatility Continues To Increase

By Mark J. Lundeen – Re-Blogged From http://www.Gold-Eagle.com

I didn’t miss anything by skipping last week’s posting. The Dow Jones saw its latest correction bottom on March 23rd declining to -11.58% in the BEV chart below. Since then the Dow Jones has oscillated from just below -10% and up to the -8% BEV levels as bulls and bears alike wait to see what is coming their way.

So what’s next for the Dow Jones? Well, my thinking is the Dow Jones saw its last all-time high on January 26th, and in the three months that followed its BEV plot has developed a pattern of lower highs and lower lows.

Continue reading

Three Mini-Bubbles Burst. Is One Of The Big Ones Next?

By John Rubino – Re-Blogged From Dollar Collapse

Financial crises tend to start at the periphery and work their way into a system’s core. Think subprime mortgages (a tiny little niche of a few hundred billion dollars) that blew up in 2007 and nearly brought the curtain down on the whole show.

There’s no guarantee that the same dynamic will play out this time, but stage one – the bursting of peripheral bubbles – has definitely arrived, with three in progress as this is written.

Continue reading

When Will The Next Credit Crisis Occur?

By Alasdair Macleod – Re-Blogged From http://www.Silver-Phoenix500.com

The timing of any credit crisis is set by the rate at which the credit cycle progresses. People don’t think in terms of the credit cycle, wrongly believing it is a business cycle. The distinction is important, because a business cycle by its name suggests it emanates from business. In other words, the cycle of growth and recessions is due to instability in the private sector and this is generally believed by state planners and central bankers.

Continue reading

Trump Will Be ‘Fall Guy’ for Fed’s Mistakes

By Rob Williams – Re-Blogged From Newsmax

Peter Schiff, the chief executive of Euro Pacific Capital and financial commentator, said President Trump will end up getting blamed for market and economic turmoil caused by the Federal Reserve’s misguided policies.

That means Trump will lose the White House in 2020, and be replaced by a left-wing candidate who will expand the government’s role in the economy, Schiff said.

Continue reading

Stock Selling Unleashed!

By Adam Hamilton – Re-Blogged From http://www.Gold-Eagle.com

The unnaturally-tranquil stock markets suddenly plunged over this past week. Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions. This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don’t rally forever. With stock selling unleashed again, herd psychology will start shifting back to bearish which will fuel lots more selling.

As a contrarian student of the markets, I watched stocks’ recent mania-blowoff surge in stunned disbelief. On fundamental, technical, and sentimental fronts, the stock markets were as or more extreme than their last major bull-market toppings in March 2000 and October 2007! I outlined all this in an essay on these hyper-risky stock markets on 2017’s final trading day. The ominous writing was on the wall for all willing to see.

Continue reading

Market “Earthquake Is Coming” – Icahn Warns “A Lot Of People Will Pay The Price Like In 1929”

By Tyler Durden – Re-Blogged From Zero Hedge

Billionaire investor Carl Icahn spoke to CNBC via telephone and had some very ominous warnings after what he has seen in the last few days.

Reflecting on the market’s moves recently, Icahn shocked the anchors by saying:

“This is something we’ve never seen before… I don’t remember ever seeing a market with this kind of volatility over two weeks.

The market has become a much more dangerous place [due to index funds and ETFs]… it’s like 2008 where everyone was buying mortgages and CDS.”

Continue reading