The central bankers/US government have taken control over Egypt. They control the military by giving them aid, they control Saudi Arabia that supports the Egyptian armed forces. This was a take over to declare martial law and a dictatorship in Egypt to protect the US dollar as the reserve currency. The economic collapse is approaching quickly this fall. Everything is being put into place for the fierce storm that is approaching.
Is Slowing Money Supply Signalling Another Stock Market Crash?
According to Austrian Business Cycle Theory, when a central bank slows its money printing that has fueled a manipulated stock market boom, the stock market is very vulnerable to a crash. Murray Rothbard in his book America’s Great Depression explained how it occurred before the October 1929 crash:
It is generally acknowledged that the great boom of the 1920s began around July, 1921, after a year or more of sharp recession, and ended about July, 1929.
Production and business activity began to decline in July, 1929, although the famous stock market crash came in October of that year.
The Market’s Gains Are Being Driven By Fewer And Fewer Stocks
Meanwhile, the 200-DMA of all of those stocks is trending up.
For what it’s worth…
New Mortgage applications are tanking…Due to rising rates?
CLICK ON CHART TO ENLARGE
New mortgage applications are falling like a rock of late!. Is this due to the steep rise in rates? Seen the inset rate chart above and look what has happened to applications during the window of rising rates.
Bill Gross Tweets: “Without Central Bank Check Writing, We Only Have Ourselves To Sell To” Sends Yields Soaring
The charts that point to an imminent Fed taper
NEW YORK — Stocks ended a tough week on a down note Friday, hurt by retailers and companies that are sensitive to rising interest rates. The Dow Jones industrial average had its worst week of the year.
The Dow edged down 30 points, or 0.2 percent, to close at 15,081. The Standard & Poor’s 500 index fell five points, or 0.3 percent, to 1,655. The Nasdaq eased three points, or 0.09 percent, to 3,602.
The possibility of a cutback in the Federal Reserve’s massive bond-buying program in September has roiled the bond market. The 10-year Treasury note rose to 2.83 percent, its highest level since July 2011. A week ago, the yield was 2.58 percent. . .
Bankrupt World Now Headed Into Frightening Chaos
With stocks plunging this week as gold and silver rallied substantially, today Egon von Greyerz warned King World News that a bankrupt world is now headed into a period of frightening chaos. Greyerz also warned that banks and governments will not survive what is coming. Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this powerful interview.
Greyerz: “Eric, I’ve been thinking about the end game. The conclusion I have come to is that this will go on for a long period of time because there won’t be a conventional end to the coming chaos. These are absolutely historic and unprecedented times. We have never, ever had a situation in history where most major nations are bankrupt.