With the market plunging another 420 points today, a recent headline may prove to be eerily accurate: "The Unthinkable Is Finally Becoming a Reality."
So what is this new reality? Well, we’ve seen . . .
Today’s massive sell-off caused a little-known indicator called the "Death Cross Signal" to flash bright red, something that happens when the 50-day moving average crosses the 200-day moving average in a downward trajectory.
This signal has caught the eyes of inside experts such as John Nyaradi of MarketWatch, who stated, "All three major U.S. indexes now are in Death Cross mode."
This is a huge "SELL" signal that may cause many institutional investors to start pulling their money out, further sending stocks down.
One prophetic economist sounded the alarm months ago, long before The Wall Street Journal said the "unthinkable" would happen, and long before the Death Cross Signal flashed red.
His name is Robert Wiedemer, the founder of The Foresight Group.
He is boldly predicting a 90% stock market drop, 100% annual inflation, and 50% unemployment.
For most, his predictions seem "unthinkable" at first glance. But then they see the charts that provide evidence for such claims.
Disbelief in such claims is only natural. It is the same reaction people had in 2006 when Wiedemer predicted that the housing, stock, credit, and private debt markets would soon collapse . . .
After the recession struck as he foretold . . . people stopped doubting his analysis.
Then, when he warned of the federal debt and dying-dollar crises in 2009 . . . countless Americans took the necessary steps to prepare their wealth to weather the storm.
Second-guessing Wiedemer’s insight is reckless, considering his track record. In fact, the S&P says "his track record demands our attention." Dow Jones adds that his work "is your bible, read it, get into action, and be a winner."
It was a powerful moment when millions of Americans united to get the real story on how dangerous the future could be.
With the "unthinkable" lurking and the Death Cross flashing "sell," it is important to have an investment strategy to protect you in the worst of times.
So what is this new reality? Well, we’ve seen . . .
- The S&P unapologetically downgrading the U.S. credit rating to
second-class status.
- 500-point market swings pummeling average American wealth.
- And our Congress making "lip service" promises they have no intention of keeping with regard to their spending.
Today’s massive sell-off caused a little-known indicator called the "Death Cross Signal" to flash bright red, something that happens when the 50-day moving average crosses the 200-day moving average in a downward trajectory.
This signal has caught the eyes of inside experts such as John Nyaradi of MarketWatch, who stated, "All three major U.S. indexes now are in Death Cross mode."
This is a huge "SELL" signal that may cause many institutional investors to start pulling their money out, further sending stocks down.
One prophetic economist sounded the alarm months ago, long before The Wall Street Journal said the "unthinkable" would happen, and long before the Death Cross Signal flashed red.
His name is Robert Wiedemer, the founder of The Foresight Group.
He is boldly predicting a 90% stock market drop, 100% annual inflation, and 50% unemployment.
For most, his predictions seem "unthinkable" at first glance. But then they see the charts that provide evidence for such claims.
Disbelief in such claims is only natural. It is the same reaction people had in 2006 when Wiedemer predicted that the housing, stock, credit, and private debt markets would soon collapse . . .
After the recession struck as he foretold . . . people stopped doubting his analysis.
Then, when he warned of the federal debt and dying-dollar crises in 2009 . . . countless Americans took the necessary steps to prepare their wealth to weather the storm.
Second-guessing Wiedemer’s insight is reckless, considering his track record. In fact, the S&P says "his track record demands our attention." Dow Jones adds that his work "is your bible, read it, get into action, and be a winner."
It was a powerful moment when millions of Americans united to get the real story on how dangerous the future could be.
- Russ from Wichita, Kan., said it "scared the hell out of me.
It was a great wake-up call (even though I wasn’t asleep)."
- Susan from Montgomery, Ala., said it was "awesome,
eye-opening, and mind-boggling."
- Don E. from Edgewater, Fla., said, "It caused me not only
to think . . . but to act."
With the "unthinkable" lurking and the Death Cross flashing "sell," it is important to have an investment strategy to protect you in the worst of times.
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