Everything you read, see, and hear in the article below is 'spot on'. It also is in the same frame of mind with former Congressman Ron Paul and Christine LaGarde of the U.N.. The question I ask at this time, is this. Where will you be, how well situated will you be when the hammer falls this coming Fall in the United States? Red warning flags are flying all over hell and no one seems to see them. Are you awake out there? Yes, I know that there is a very good chance we may see a GCR (Global Currency Revaluation) or something very, very soon. But we are just talking money with the GCR. Period!
I am asking as to how well are you to be prepared in other ways to be able to sit out one terrible situation should and when the New York Stock Market takes a sh#t in late September or by mid-October? Many 'big-shots' are already leaving the cities for retreat places in the rural areas because they know or were told to do so. They already have their storage of goods needed! With the social climate as nasty as it is in the U.S. at this time, throw in the thousands of gangs in the U.S., the 20 MILLION illegal criminal Mexicans and others, the already large numbered of unemployed and homeless... to which you will read below that the unemployed should increased to 40 PERCENT, and this all leads to HUNGRY & DESPERATE PEOPLE AND A MASSIVE CRIME WAVE from coast to coast and border to border, especially in the cities and urban areas all over the U.S..
Now take another look at 'Jade helm 15' again, and understand "why" thousands of military vehicles are being set in per-destinations all over the U.S. awaiting for all this to take place. It's not going to be nice! Not nice at all. Another thing to keep in mind ... people will be more than happy to turn in their guns for a food receipt when they are starving just as happened in Panama and Iraqi war I.
Dr. James P. Wickstrom
Are Stocks 80% Overvalued? New Evidence Shocks Wall Street
- July 31, 2015
- by Brian O'Connor
Billionaire Carl Icahn, for example, recently threw up a red flag on national broadcast when he declared, “The public is walking into a trap again as they did in 2007.”
Unfortunately, Icahn’s warning is tame compared to his peers.
“U.S. stocks are now about 80% overvalued,” says Andrew Smithers, the chairman of Smithers & Co. He backs up his prediction using a ratio which proves that the only time in history stocks were this risky was 1929 and 1999. And we all know what happened next. Stocks fell by 89% and 50%, respectively.
But there is one distinct warning that should send chills down your spine … that of James Dale Davidson.
As a renowned economist, best-selling author, and founder of Strategic Investment, Davidson makes the strongest case for a looming crisis — “Right now, there are three key economic indicators screaming SELL. They don’t imply that a 50% collapse is looming, it’s already at our doorstep.”
Editor’s Note: Click Here to See the 3 Indicators That Prove a 50% Stock Market Collapse is Looming.
Davidson’s warning is the most alarming of all his peers.
Not just because he makes the strongest case for a collapse (he uses over 20 unquestionable charts to prove his point), but also because Davidson has a remarkable track record of calling every major economic shift over the last three decades. For example, Davidson predicted the collapse of 1999 and 2007, along with the fall of the Soviet Union and Japan’s economic downfall, to name just a few.
His predictions are so accurate, he’s been invited to shake hands and counsel the likes of former presidents Ronald Reagan and Bill Clinton — and he’s had the good fortune to befriend and convene with George Bush Sr., Steve Forbes, Donald Trump, Margaret Thatcher, Sir Roger Douglas and even Boris Yeltsin.
Hence, if Davidson calls for a 50% market correction, one should pay heed.
Davidson goes on to say, “I know that everywhere you turn things look pretty good. The market is near all-time highs, the dollar is strong, and real estate is booming again. But remember, the exact same scenario played out in 1999 and 2007. The economy is unraveling right now, and fast. Very fast.”
However, it’s not just a 50% stock market collapse that Davidson is warning about. He also predicts that “real estate will plummet by 40%, savings accounts will lose 30%, and unemployment will triple.” (To see Davidson’s research behind these predictions, click here.)
“I am not a man who likes to preach doom,” Davidson reminded me.
Indeed, during his career, he’s made investment recommendations that have spun off a good deal of money … like the $10 million windfall he banked in a natural-resource company, and the time he told people to scoop up Philip Morris for gains of 405%.
And although our future may seem bleak, as Davidson says, “There is no need to fall victim to the future. If you are on the right side of what’s ahead, you could seize opportunities that come along once, maybe twice, in a lifetime.”
In a new video presentation Davidson not only explains exactly why the economy is already collapsing, but also reveals what he and his family are doing to prepare right now. (It’s unconventional and even controversial, but proven to work.)