Tuesday, August 31, 2010

The Coming Storm

Bookmark and Share
Hurricane Earl is heading toward the U.S. East Coast:

Although landfall is unlikely, I suggest people use this as an opportunity for a civil preparedness exercise. There truly is a coming storm, although not just of a weather variety IMHO.

In early-September 2008, I issued a Stock Market Crash Alert just before a major autumn financial collapse took shape that year.

Back then, the looming panic clearly had to do with financial and economic affairs as the sub-prime mortgage crisis took down one major institution after another. By the end of that month, Lehman Brothers went bankrupt and Fannie Mae, Freddie Mac and AIG were taken over by the government. The global financial system seized up triggering the "Great Recession" that is still effecting the economy today.

I'm now issuing a similar warning because many of the same leading indicators of an autumn panic are suggesting a collapse in mass mood lies dead ahead once again. This time around there are signs the economy might be slipping into a double-dip recession, but this does not explain the scale of the breakdown being projected by the Elliott Wave Principle and astroharmonics. What's more, governments around the world have made clear that the failure of more major financial institutions will not be permitted.

So where is a mass panic going to come from?

I've been consistently warning since the Primary Wave two rebound in mass mood started in the Spring of 2009 that when Primary Wave three gets going, it will likely constitute "The Apocalypse Wave". Primary Wave three started in late-April with the Eurozone Crisis and then the May "Flash Crash" on Wall Street. Since that time the DJIA has been struggling to hold above the key Dow 10,000 benchmark. Now, in the wake of this summer's Cardinal Climax, mass emotion is rolling over into a possible autumnal crash as is the typical seasonal pattern of man's manic-depressive insanity as spelled out in my thesis.

The key concern is: What form will a mass panic take this time around?

If the Elliott Wave Principle is a guide, then what may come next should carry the DJIA to Dow 1000 or lower in the weeks and months to come, i.e., the largest crash in human history is about to occur:

What could be the source of such an historically unprecedented breakdown in mass mood and collective confidence? I believe this is spelled out quite clearly in my writings.

This world is suffering from a Global Bipolar Disorder and, consequently, the coming crash involves a shift in hemispheric dominance from West to East. Accordingly, the form the approaching collapse will take likely has everything to do with a surprise third world war such that Israel and America are destroyed, Western Civilization is vanquished and the totalitarian powers of the East take over global control.

This is 'The Coming Storm' Americans need to prepare for in whatever ways possible:


Then I heard another voice from heaven say:
"Come out of her, my people,
so that you will not share in her sins,
so that you will not receive any of her plagues;
for her sins are piled up to heaven,
and God has remembered her crimes."
[Revelation 18:4-5]

No comments:

Related Posts with Thumbnails