Loading ...A new record number of illegal immigrants just crossed the U.S. souther border. War correspondent Michael Yon is in the Darien Gap in Panama.
Plans to pour in Gaza refugees to be the next Gaza plus building a road to speed things up to keep up with demand.
Exposing illegal immigration and leads back to the WH.
@silverngold @ 23:43
Good interview with Bill Holter. I was going to link it here, but you beat me to it!
I likes the way he explained the way raising interest rates influenced the current price of debt purchased at a lower rate. And it’s impact on the way the system operates. Also, the story of Jim Sinclair hiring an actor to go to the floor of the exchange was really something!
Different days then
Harry Schultx, Richard Russell, and now Jim Sinclair, all gone. I wonder how they would describe today’s situation?
Bill Holter may be right about it being Biblical.
Here’s another post by S Puetz from the other day
I got sent but in a pin with a lot of charts but since GB get hit and many stocks don’t recover always good to be cautious I’ll send some of it.
Not anymore optimistic in his opinion who works on cycles.
In Asia, the problems are critical. Specifically, a black swan event that triggers global panic could originate from China. The Shanghai B- shares Index (middle of page 5) is already in panic mode and close to spiraling out of control. Essentially, the B- shares Index represents the private sector of the Chinese economy (companies not controlled by the state). The plunge in Shanghai B-shares is reason for concern well beyond Chinese shores.
It is often difficult to obtain real-time economic data. Most of the key indicators become available after a delay of 1 to 3 months. However, LME Warehouse stocks (bottom of page 5) are an exception, with physical inventories reported with a 1-day delay. The recent ascent in LME physical stocks strongly suggests that the days of supply chain shortages are ending, soon to be supplanted with unwanted inventories. Rising inventories, along with a sharp increase in Advance Layoff Notices (as required by the Worker Adjustment and Retraining Notification Act
Universal Cycle Theory Financial Newsletter October 21, 2023 Page 2
of 1988), indicate that a significant economic contraction is imminent. In combination with deteriorating technical conditions in the equity markets, unexpected economic weakness sets the stage for a crash. The high ratio of 10- year Treasury Bond yields relative to Junk Bond yields (top of page 6) provides a strong signal that investors are ill-prepared for looming economic weakness. The high ratio indicates that investors believe the economy is resilient and low-grade companies will be able to pay interest on their bonds indefinitely into the future. But the resilient economy hypothesis will likely be turned on its head in the coming days. In the process, junk bond yields will soar (causing junk bond prices to collapse), and financial markets will panic.
In recent days, some analysts have claimed that stocks are oversold, and a significant rebound will soon take place. However, numerous indicators fail to support this claim. For example, the 5-week average of Investors’ Intelligence Bulls-Bears (middle of page 6) remains near the overbought level it touched just weeks ago. Similarly, the NYSE 50-day Arms Index relative to its 5-year average (bottom of page 6) resides midway between overbought and neutral. Importantly, both long-term indicators remain far, far above oversold levels – as happened in late-1987, late-1990, late-1994, 2002, and early-2009. On a short-term basis, the stock market is also surprisingly overbought from several perspectives. These include unusually high levels for the NASDAQ 20-day Arms Index (top of page 7), the NYSE 20-day Arms Index (upper-middle of page 7), the difference between the Consecutive Up-Down Day Oscillator and Composite Oscillator 1 (lower-middle of page 7), and Composite Oscillator 1 (bottom of page 7). Over the past month, the heaviest trading volumes occurred amongst advancing shares, whereas selling climaxes typically terminate after several days of heavy volume in declining shares. In other words, investors and speculators are still actively bargain-hunting. The decline will only terminate after market psychology completely reverses, and investors sell at any price.
The latest margin debt statistics just became available, and the high ratio of Margin Debt relative to Total Credit Balances (top of page 8) illustrates extreme illiquidity within this sector of the market. The liquidity situation is more dangerous than early-2000, early-2018, and late-2021. Interestingly, the high ratio is not because of rising margin debt – which is contracting modestly. Instead, the ratio is soaring because Free Credit Balances are rapidly contracting both in Margin accounts (middle of page 8) and Cash accounts (bottom of page 8). The contraction of credit balances in margin accounts is less severe than the contraction from late-2008 to early-2009. However, the contraction of credit balances in cash accounts is unprecedented. It remains unclear why investors are pulling cash from their brokerage accounts in record numbers. The contraction could involve transfers to purchase higher yielding and more conservative Treasury securities, or consumers might be transferring funds to supplement their strained personal finances, or possibly both. Whatever the reasons, brokerage account liquidity resides in its worst state ever, and the deterioration persists. Collectively, poor liquidity, high valuations, deteriorating market trends, and overbought oscillators suggest that stocks will soon crash – likely immediately after the October 28 lunar eclipse, which is the traditional inflection point for triggering crashes.
Richard
That was a good post on supplements a while back,
Soros: that must be his idol.
I wonder if he’s preparing for something his financial handlers told him about the economy and panicked. I guess if he wound up owning nothing he wouldn’t be happy.
Ipso
Yeah tax through inflation. Everybody else has it harder than us you know so no real concern for others that generally if a adult due to their own doing and choices so they need to pull us down with them. Funny how there so greedy in getting their hands on our money while so selfish when it comes to them. Pagans lol but so true.
Yep
We cannot even afford world peace with $33.6 trillion in debt and deficits at $2 trillion plus per year.
— Wall Street Silver (@WallStreetSilv) October 22, 2023
Silverngold – Jonathan Cahn
Fantastic! It’s all coming together. Makes so much sense.
As much as I’m angry about these times, we are blessed to be living in them!
Sng 22:50
Very good video. If anyone wants to know if the Antichrist is upon us only has to look at what’s going on now and at the woke and paganism.
I like his quote that if they take God out of schools something else will come in. If they take God away from the children something else will come in.
Since woke is a possession of pagans go back to a religion or a antichrist to try to drive God out that would go against the Bible, and the FIRST AMENDMENT cannot be practiced or promoted in schools. The Bible can drive them out since they ignore the laws that protect children that are being ignored that also violates their rights to their religion there is one man one woman, homosexual is a abomination. That toleration has turned into cancellation of religion and the constitution. We are one Nation under one God not Gods or demonic gods and one nation not many nations that also contributes to many gods and paganism and why we have borders.
Tolerance of homosexuality has turned into a cancel culture against GOD needs a Exorcism from school’s by the THE FIRST AMENDMENT