Editor’s Note: It will get very bad in the prophetic days ahead for the Bible foretells the four Seals that must be removed and exposed before the real Tribulation starts. Namely, the White, Red, Black and Pale Horses. The financial meltdown flags are waving at us and the road signs are getting bigger and more frequent.
IMHO, this financial collapse will be on a global scale never before seen. It will be massive. The cause: unknown but could result from these tariff wars, or real wars, or just an overload of the global financial system, who knows except we know it’s coming and the size enormous. Get ready, be ready and tell others. At least those who will listen. And read your Bible. Are you saved today?
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. (Used by permission)
5 Signs That Global Financial Markets Are Entering A Bear Market, And 11 Ways That You Can Get Prepared For The Chaos That Is Coming…
By Michael Snyder, in Aug 2018
We haven’t seen carnage like this in the global financial marketplace in quite some time. On Wednesday, U.S. stocks were down some, but things were much, much worse around the rest of the world. Global banking stocks are plunging, emerging market stocks are cratering, and emerging market currencies continue their stunning decline. This represents a dramatic change from the relative stability that we have seen throughout most of 2018. It is almost as if someone flipped a switch once the month of August began, and the shakiness of global financial markets has many investors wondering what trouble fall will bring. What we are witnessing right now is not a full-blown panic yet, but it definitely has the potential to turn into one.
The term “bear market” is being thrown around a lot lately, but a lot of people don’t understand what a “bear market” actually is.
A bear market is generally considered to be when we see a decline of 20 percent or more from the 52-week high, and after the carnage of this past week a lot of those thresholds are now being crossed.
It would probably be too early to call this a “global stock market crash”, but we are well on the way to getting there. The following are 5 signs that global financial markets are entering a bear market…
#1 Global stocks have now fallen beneath all key moving averages. Those key moving averages are important psychological thresholds for investors, and if we have a few more days like Wednesday we could see global financial markets go into full panic mode.
#2 European banking stocks have now officially entered a bear market, and all major European stock indexes are now red for the year.
#3 Global banking stocks are down a whopping 23 percent from the peak established earlier this year, and that means that they have officially entered a bear market.
#4 Emerging market stocks have fallen 20 percent from the peak, and that means that they are also now in a bear market.
#5 When demand for industrial metals falls, that indicates that an economic slowdown is coming. On Wednesday, prices for industrial metals fell to their lowest level in almost a year, and “Dr. Copper officially entered a bear market.
If the financial carnage continues (and that is a big “if”), this could be the beginning of another financial crisis like we experienced in 2008, and that would almost certainly mean a crippling global recession.
And of course once the next global recession begins, it is likely to be more painful than we have ever seen before in modern history, because the global debt bubble is far larger than it has ever been before.
We live at a time of great global instability, and there are so many ominous warnings about our future. A lot of people reach out to me for advice on how to get prepared for what is coming, and I hope to share quite a few tips in future articles.
Today, I would like to share with you 11 tips that my good friend Ray Gano shared with his readers in his most recent article…
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Fear God and Flee from Evil!
-BPWatcher, Internet Preacher and Bible Prophecy Watchman
Pray for the peace of Jerusalem – Psa 122:6 (KJV)