Editor’s Note: I have two words for this scenerio … WATCH OUT!! This is a rigged and propped up market. It’s like a ballon going higher and higher in the air and people are clapping and happy only to discover that as it fades from sight a huge burst is heard and seen. Pieces of the once huge and beatiful ballon fall to the ground torn, ripped apart and ragged. The money is artifical and this market will crash. When? I don’t know but I would assume soon. America and the world is being setup for a terrible and calamitous fall – economically and financially. And it will be sudden with little notice. Read the verses below.
Get ready, get prepared, get right with God while we still can find Him – Amos 8:11.
“And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. 6- And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.” -Rev 6:5-6 (KJV)
“For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.” -1 Th 5:4 (KJV)
The following article was originally published by Michael Snyder at The Economic Collapse Blog. His articles are spot on and his relentless research gives us a glimpse of what clearly may happen in the days ahead. I challenge you to read his article below carefully and then consider exactly what he is saying. Then turn to your Bible and consider how Bible Prophecy is a warning to the clear and present danger America and the rest of the world is facing right now. The days ahead will present many problems and heartaches for the people of earth; if you have not prepared in your heart, mind and soul in Jesus Christ as your Lord and Savior, then in your troubles you may not find any comfort. (Used by permission)
2017 Has Been The Best Year For The Stock Market EVER
By Michael Snyder, on Dec 18, 2017
We have never seen a better year for stocks in all of U.S. history. Just five days after Donald Trump entered the White House, the Dow Jones Industrial Average hit the 20,000 mark for the first time ever. On Monday, the Dow closed at 24,792.20, and there doesn’t seem to be any end to the rally in sight. Overall, the Dow Jones Industrial Average is up more than 5,000 points so far in 2017, and that absolutely shatters all of the old records. Previously, the most that the Dow had risen in a single year was 3,472 points in 2013.
Yes, I know that it may seem odd for a website that continually chronicles our ongoing “economic collapse” to be talking about a boom in stock market prices. But of course there has not been a corresponding economic boom to match the rise in stock prices. This artificial stock market bubble has been created by unprecedented central bank intervention, and every previous stock market bubble in our history has ended with a horrible crash.
But for the moment, it is certainly appropriate to be in awe of what has transpired in the financial markets in 2017. Never before have we seen the Dow close at a record high 70 times in a single year, and we still have almost two weeks to go.
Stocks have risen every single month in 2017, and that is the very first time that has ever happened as well. No matter how much bad news has come out, stock prices have just kept climbing and climbing and climbing.
Since Donald Trump’s surprise election victory last November, the Dow is up a whopping 34 percent.
34 percent!
Wall Street has never seen better times than this. Overall, U.S. stockholders have seen more than 5 trillion dollars in paper gains since Trump was elected, and this has created a real estate boom in some of the wealthier areas of the nation.
Of course markets go down a lot faster than they go up, and that 5 trillion dollars in paper gains could be wiped out very rapidly in the event of a major disaster, but for the moment investors are absolutely thrilled with what has been happening.
Of course there are red flags all over the place, but not too many people are even paying attention at this point. Right now the S&P 500 is the most overbought that it has been since 1958, and earlier today a CNBC article declared that U.S. stocks are “very, very overbought”, but this will probably just encourage people to buy even more.
These days, if stocks are up that is a signal to buy, and if stocks are down that is a signal to buy.
Of course we witnessed similar euphoria just before the dotcom bubble burst and just before the financial crisis of 2008, but most Americans have extremely short memories.
For most of us, those crashes might as well be ancient history.
But just like in each of those cases, market euphoria tends to hit a peak before things completely fall apart. Bill Stone, the chief investment strategist for PNC Asset Management Group, recently made this point very succinctly…
“It is going to get to a point where it can’t get any better anymore,” he said. “In the market it’s always brightest before it gets dark.”
Others are being even more blunt. For example, trends forecaster Gerald Celente is convinced that “equity markets around the world are going to crash” in 2018…
“Yes. Everyone knows that the markets are overvalued. The Schiller PE ratios rival those of the pre-1929 stock market crash and the Dot-Com bubble…The Black Swan Event: When war breaks out in the Middle East, the equity markets around the world are going to crash. The Black Swan that is going to create ‘Market Shock’ is going to be an outbreak of war in the Middle East. And when that happens, you are going to see gold and silver skyrocket. That’s our forecast for one of the top 10 trends of 2018.”
Personally, I never believed that the stock market bubble could ever be inflated to such absurd proportions, and so I am just in awe at what is taking place on Wall Street.
Since the last financial crisis our national debt has doubled, corporate debt has doubled, U.S. consumers are now 13 trillion dollars in debt, our economic infrastructure continues to be gutted, more than 40 million Americans are living in poverty and our financial institutions are being more reckless than at any other point in our entire history.
———————————- { END OF MICHAEL’S ARTICLE EXCERPT }——————————
Fear God and Flee from Evil!
-BPWatcher, Internet Preacher and Bible Prophecy Watchman
Pray for the peace of Jerusalem – Psa 122:6 (KJV)