Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption…
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
Martenson’s research suggests that the stock market has patterns, as seen in the above chart.
This proven pattern suggests the market goes through three common “tops.”
Peter Schiff Explains How A US Depression Can Cause A Global ‘Death Spiral’
Say Goodbye to the Purchasing Power of the Dollar, The Consequences of Printing A Trillion Dollars A Year Are About To Begin! Doug Casey: ‘We Are Living In The Middle of The Biggest Bubble In History’
On Bernanke’s balance sheet bubble.
Paul B. Farrell: New Critical Warning as 2013 shocker looms; We have arrived at Critical Warning No. 12: The “dramatic shock,” a black swan expected later in 2013.
Yes, another dark “shocker” before the end of the year, an unexpected “black swan.” And sadly for Fed Chairman Ben Bernanke — who hopes his “I saved America from economic collapse” illusion stays intact till he leaves office — he’s not going to get a dream ending to his Fed career.
Why? The shocker will happen before his scheduled exit in January, damaging Bernanke’s egocentric “hero’s legacy.”
The big shocker that economist Gary Shilling sees coming will hit before year-end. And it’s what we see as “Critical Warning No. 12” for 2013.
So let’s put all this in context, a quick survey going back four years when Bernanke was reappointed and he began his grand ego trip as the Great Savior of the American Economy, believing he was destined to do the job our dysfunctional politicians were incapable of doing.
True, Wall Street banks love Bernanke’s non-stop cheap-and-easy-money printing presses, even if bad for the rest of America. We called him the “Most Dangerous Man on Earth,” and “Black Swan’s” Nassim Nicholas Taleb was so shocked by the reappointment of Bernanke — certain to become Obama’s “greatest domestic blunder” — that Taleb went into isolation.
Now, four years later, Bernanke is even more rigid and dogmatic, hanging onto former Fed Chairman Alan Greenspan’s failed ideology pumping out bank QE stimulus while creating the illusion that he’s saving America from a dysfunctional gridlocked Washington that does nothing.
History will prove he’s made the economy worse, delaying the inevitable, blowing a new bubble, making the next crash ever bigger.