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Crash: A Prediction Of Epic Proportions

ByNicholas Santiago
Published 10/24/2013, 04:30 PM
Updated 07/09/2023, 06:31 AM

Until recently, I have not used the term "stock market crash". I do not take using this term lightly. It brings with it major repercussions. I am now breaking out this phrase because of the current state of the stock market. This stock market crash will occur within the next six months from today, October 24, 2013. The markets will fall within a combined day/few days a total of at least 20%. Bookmark this article.

An Absolute Mess
Poor earnings continue to hammer individual names in almost all regions of the stock market. The U.S government continues to bicker over the debt ceiling and spending. The global picture is showing another real estate bubble in China and Europe is still an absolute mess, contrary to what the big players are saying to the public. All these negatives have meant nothing as the Federal Reserve continues to and will continue to print tens of billions of Dollars a month, inflating the stock market. Recently, word has now come out that the Federal Reserve feels like they have the power to print unlimited amounts of money. In other words, 'whatever it takes' to bring the dual mandate in line. A reckoning day will happen and for the first time in years I am seeing the epic signals clearly. I call this technical signal the Devil Tail Formation. It is something I have not seen in the charts since 2007.

The likely scenario would be for it to happen in 2014 but there is a small chance it happens prior. The house of cards will unfortunately fall as the biggest bubble ever created crumbles. Let's be clear about bubbles. They are all Federal Reserve induced. Every one in the history of the stock market has been a manipulation technique headed by the biggest bankers in the world. My other prediction for the future will be that at some point years out, there will be talk of bringing federal charges against the top Federal Reserve officials as the people demand it. I have said my piece. Have a wonderful and happy evening.
SPDR S&P 500 ETF
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com

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Latest comments

Yup....I would totally agree with u on that.....Would u mind to share which market's move u would track to make the most of it.....if/when it indeed happens in the near term?
My thoughts on this are that there has been a massive amount of money pumped into the banks etc. I think this will happen later rather than sooner, since the money that has already been injected will take a long time to filter into the system. The powers that be will also do anything to keep the party going, whilst maintaining the illusion of normality and recovery. What good if the banks and politicians have masses of wealth whilst the 99% of the population are left floundering? Most countries now need a completely new political system in order to restore sanity to the world. Sadly as with the Middle Eastern countries have found, the price is very high indeed, and in the end, you just end up with a new set of faces plying the same corruption and deceit. The only answer is to rein in your government/banks as far as possible and remind them all who they serve and who pays their wages!
The party is over...
Technical indicators are also indicating that market crash is in near future.
Which technical indicators exactly?
the inflation is already unleashed and there is massive malinvestment as the low rates are not warranted since real foregone consumption (savings) is abysmal. More and more consumption of capital also with these cheap teaser rates, and the liquidation is therefore coming, and it is going to be epic. The Keynesians will keep printing to stave it off and in comes hyperinflation.
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