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Scientist Predicts 60% Market Collapse
Wednesday, 15 May 2013 10:14 AM
Read Latest Breaking News from Newsmax.com http://www.moneynews.com/MKTnews/Market ... z2TSzHO1Dw
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Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption...
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
Martenson’s research suggests that the stock market has patterns, as seen in the above chart.
This proven pattern suggests the market goes through three common “tops.”
The first “top” was in 1999, followed by a 60% market decline. The second “top” was in 2007, again followed by a 60% market plunge. And a third top has now formed, and a 60% stock market drop is inevitable - and it could strike at any moment.
Unfortunately, Martenson is not the only economist predicting a massive, historic meltdown.
In fact, his figures are conservative compared to other experts in his field.
In a recent interview, Robert Wiedemer — an economist best known for correctly predicting the collapse of the U.S. housing market of 2006 and the stock market collapse of 2008 — provides disturbing evidence for 50 percent unemployment, a 90 percent stock market crash, and 100 percent annual inflation . . . starting this year.
When the host of the interview expressed disbelief in Wiedemer’s claims, he calmly displayed five indisputable charts to back up his predictions (click here to see those exact charts).
Wiedemer says the blame lies squarely on those whose job it was to avoid the exact situation we find ourselves in, including current Fed Chairman Ben Bernanke and former Chairman Alan Greenspan, tasked with preventing financial meltdowns and keeping the nation’s economy strong through monetary and credit policies.
At one point in the interview, Wiedemer even calls out Bernanke, saying that his “money from heaven will be the path to hell.”
But it’s not just the grim predictions that are causing the sensation in Wiedemer’s video interview. Rather, it’s his comprehensive blueprint for economic survival that’s really commanding global attention.
The interview offers realistic, step-by-step solutions that the average hard-working American can easily follow.
Editor’s Note: See the 5 signs the stock market will collapse in 2013. Click here now.
“[The interview] was originally filmed for a private audience,” stated Aaron DeHoog, the financial publisher who is unapologetic for the release of controversial footage that has gained international attention (a donor to President Obama actually tried to ban it from their far reaching empire).
“People were sitting up and taking notice, and they begged us to make the interview public so they could easily share it.”
Since that day, over 50 million concerned citizens have tuned in to prepare for “the unthinkable.”
Asked if he is concerned if Wiedemer’s predictions don’t come true, DeHoog replied, “Absolutely not. The best-case scenario is that Wiedemer is wrong.
“Unfortunately, he has been dead-on thus far. No, our real concern is this, and it’s the more likely scenario — what if just half of Wiedemer’s predictions come true? Bottom line, it is imperative that Americans be prepared, and that is why we will continue to air this powerful interview.”
Editor’s Note: For a limited time, Newsmax is showing the Wiedemer interview and supplying viewers with copies of the new, updated Aftershock book including the final, unpublished chapter. Go here to view it now..
MG Man wrote:been looking at this as well............potentially scary stuff
seriously considering withdrawing all my forex funds from my broker.................when the last crash hit, traders were shyttin bricks as every damn forex broker and trading platform went dead.........
MG Man wrote:the friday when the greek sheit hit the fan, a bunch of us were all in trades.............everybody's trading platform froze, and we were all using different brokers at the time
Dead as in could not execute or close trades, zip, nada, nought, while Bloomberg was reporting on the Greek meltdown...............thinks eventually went back live after several hours but that was scary...........last thing you want to be wondering is if your broker just went bankrupt
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