Month: May 2020

15
May
2020
Don’t Fool Yourself, the Elites Have Been Planning This Power Grab For Years

Don’t Fool Yourself, the Elites Have Been Planning This Power Grab For Years

And here comes the next round of stimulus.

As long as large portions of the economy remain on lockdown, the government will be forced to perform massive stimulus programs/ social spending. As I write this Friday morning, the House is preparing to vote on a $3 trillion stimulus bill later today. 

While the particular bill in question is chock full of Democrats’ legislation (more abortion funding, banning voter IDs, etc.), and likely won’t make it through the Senate in this particular form, the White House and the GOP are both in favor of providing additional stimulus checks to Americans in the near future.

Put simply, regardless of specific political affiliations, the political class is currently in favor of spending vast amounts of money right now.

All of this money has to come from somewhere. Currently, it’s the debt markets (the Treasury will borrow $3 trillion between April and June alone). But at some point, the Powers That Be will begin looking for new sources of capital.

Indeed, if history has taught us anything it’s that once the government/ elites use a crisis to make a massive power grab, rarely if ever is that power given back to the people.

We saw this with the Patriot Act in 2001, the policy response to the 2008 crisis. And it’s happening again today with the economic shutdown. While individual states will all eventually reopen, the fact is that the US just took a massive jump towards outright socialism/ central planning. And the political class LOVES it.

This will result in a collapsing economy, which in turn will mean lower tax revenues, which in turn will mean a greater need for capital to finance social spending programs/ unemployment/ stimulus checks.

The debt markets will pick up much of the slack here, but at some point the political class will start looking for new sources of capital. 

That source will be you, me and everyone else.

The plan behind this has been in place since 2011. Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

Did you know the IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

You can pick up a FREE copy at:

http://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Wealth Grab
14
May
2020

Once Again, Credit is Leading Stocks Lower

Ever since stocks bottomed on March 23rd, the big question has been: 

Can the Fed negate the economic damage caused by the shutdown by throwing trillions of dollars at the financial system?

The market is beginning to show us.

I’ve mentioned time and again that the 61.8% retracement of the March meltdown is key to the market entering a new bull market. If it can break above this line, we’re in a new bull market. If it can’t then the entire rally was just a bear market bounce.

With that in mind, note that stocks have failed to break above this level twice now. Each time it has failed we’ve had a ~5% correction.

Does this mean the top is in? Why bother trying to predict that? Let’s focus on the what the markets are actually telling us instead of trying to be psychic!

The key lines of support for the S&P 500 are draw on the chart below.

As I write this Thursday morning, stocks are attempting to hold 2,800. If that line goes, the next real support level is 2,730.

This is also where high yield credit suggests stocks are heading.

Again, remember your levels, and ignore the financial media. They operate based on emotions and will lose you money. 

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in stock collapse?
14
May
2020

The Three Charts Traders Are Watching Today

Ever since stocks bottomed on March 23rd, the big question has been: 

Can the Fed negate the economic damage caused by the shutdown by throwing trillions of dollars at the financial system?

The market is beginning to show us.

I’ve mentioned time and again that the 61.8% retracement of the March meltdown is key to the market entering a new bull market. If it can break above this line, we’re in a new bull market. If it can’t then the entire rally was just a bear market bounce.

With that in mind, note that stocks have failed to break above this level twice now. Each time it has failed we’ve had a ~5% correction.

Does this mean the top is in? Why bother trying to predict that? Let’s focus on the what the markets are actually telling us instead of trying to be psychic!

The key lines of support for the S&P 500 are draw on the chart below.

As I write this Thursday morning, stocks are attempting to hold 2,800. If that line goes, the next real support level is 2,730.

This is also where high yield credit suggests stocks are heading.

Again, remember your levels, and ignore the financial media. They operate based on emotions and will lose you money. 

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in stock collapse?
14
May
2020

Stocks Drop Hard, These Are the Levels to Watch Today

Ever since stocks bottomed on March 23rd, the big question has been: 

Can the Fed negate the economic damage caused by the shutdown by throwing trillions of dollars at the financial system?

The market is beginning to show us.

I’ve mentioned time and again that the 61.8% retracement of the March meltdown is key to the market entering a new bull market. If it can break above this line, we’re in a new bull market. If it can’t then the entire rally was just a bear market bounce.

With that in mind, note that stocks have failed to break above this level twice now. Each time it has failed we’ve had a ~5% correction.

Does this mean the top is in? Why bother trying to predict that? Let’s focus on the what the markets are actually telling us instead of trying to be psychic!

The key lines of support for the S&P 500 are draw on the chart below.

As I write this Thursday morning, stocks are attempting to hold 2,800. If that line goes, the next real support level is 2,730.

This is also where high yield credit suggests stocks are heading.

Again, remember your levels, and ignore the financial media. They operate based on emotions and will lose you money. 

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in stock collapse?
14
May
2020

Stocks Drop Hard, These Are the Levels to Watch Today

Ever since stocks bottomed on March 23rd, the big question has been: 

Can the Fed negate the economic damage caused by the shutdown by throwing trillions of dollars at the financial system?

The market is beginning to show us.

I’ve mentioned time and again that the 61.8% retracement of the March meltdown is key to the market entering a new bull market. If it can break above this line, we’re in a new bull market. If it can’t then the entire rally was just a bear market bounce.

With that in mind, note that stocks have failed to break above this level twice now. Each time it has failed we’ve had a ~5% correction.

Does this mean the top is in? Why bother trying to predict that? Let’s focus on the what the markets are actually telling us instead of trying to be psychic!

The key lines of support for the S&P 500 are draw on the chart below.

As I write this Thursday morning, stocks are attempting to hold 2,800. If that line goes, the next real support level is 2,730.

This is also where high yield credit suggests stocks are heading.

Again, remember your levels, and ignore the financial media. They operate based on emotions and will lose you money. 

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in stock collapse?
13
May
2020

Ignore Your Emotions, Focus on the Levels and Stay Disciplined!

Make sure you remember your levels!

Stocks sold off hard yesterday afternoon. However, they held support at 2,870 on the S&P 500. If you hadn’t identified that support line on your chart and simply reacted to the sudden heavy selling you probably thought “the top was in.”

It wasn’t.

If you want to make money from the markets, forget about calling tops or bottoms. There’s no point. The REAL money is made from riding a trend after it’s been developed.

Until stocks break support in a meaningful way, the trend is UP and dips are to be bought.

Indeed, I noted recently that stocks have performed two prior periods of consolidation/ small corrections during this rally. They were March 31st-April 6th, and April 20th-April 27th (blue boxes in the chart below). We now have had three of them counting the one begun April 30th.

Each one of these consolidations coincided with a particular retracement level of significance (the 38.2%, 50% and now 61.8% retracement). Each one was a buying opportunity.

The current retracement level of 61.8% is the most significant. Typically, when the market retraces more than 61.8% of a drop, it’s indicated that the move is the start of a new bull market, NOT a bear market bounce.

So it’s not too surprising that stocks are struggling with this level more than the previous ones. If they can break above here, it is likely a sign that we are in a new bull market that will take us to new all time highs.

Again, remember your levels, and ignore the financial media. They operate based on emotions and will lose you money. 

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market
12
May
2020
Are Bonds and Gold Suggesting an Inflationary Spike is Coming Later This Year?

Are Bonds and Gold Suggesting an Inflationary Spike is Coming Later This Year?

Stocks are at “THE line”… but can they break it?

The S&P 500 have been chopping just below overhead resistance (red line in the chart below)   for two weeks now.

The significance of this level cannot be overstated. This line ALSO represents the 61.8% Fibonacci retracement of the market decline in March.

It is widely believed that a break above the 61.8% retracement line indicates stocks are in a NEW bull market, not a bear market bounce. Again, the significance of this level cannot be overstated.

One chart that has caught my attention is the monthly chart for long-term treasury ETF (TLT). This chart appears to be indicating a major “risk on” move is coming in the financial system. IF TLT breaks below that red line it could ignite a major bull run in stocks to new highs.

Interestingly, a big breakdown in bonds would indicate a sharp rise in inflation.

Gold is saying something similar: we’ve had breakouts in every major currency. This too says big inflation is coming.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.

We are making just 100 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Inflation
12
May
2020
What Are Bonds Saying About Stocks Entering a New Bull Market?

What Are Bonds Saying About Stocks Entering a New Bull Market?

Stocks are at “THE line”… but can they break it?

The S&P 500 have been chopping just below overhead resistance (red line in the chart below)   for two weeks now.

The significance of this level cannot be overstated. This line ALSO represents the 61.8% Fibonacci retracement of the market decline in March.

It is widely believed that a break above the 61.8% retracement line indicates stocks are in a NEW bull market, not a bear market bounce. Again, the significance of this level cannot be overstated.

One chart that has caught my attention is the monthly chart for long-term treasury ETF (TLT). This chart appears to be indicating a major “risk on” move is coming in the financial system. IF TLT breaks below that red line it could ignite a major bull run in stocks to new highs.

Interestingly, a big breakdown in bonds would indicate a sharp rise in inflation.

Gold is saying something similar: we’ve had breakouts in every major currency. This too says big inflation is coming.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.

We are making just 100 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Inflation
12
May
2020

Stocks Are at “THE Line” Will They Break Up or Down?

Stocks are at “THE line”… but can they break it?

The S&P 500 have been chopping just below overhead resistance (red line in the chart below)   for two weeks now.

The significance of this level cannot be overstated. This line ALSO represents the 61.8% Fibonacci retracement of the market decline in March.

It is widely believed that a break above the 61.8% retracement line indicates stocks are in a NEW bull market, not a bear market bounce. Again, the significance of this level cannot be overstated.

One chart that has caught my attention is the monthly chart for long-term treasury ETF (TLT). This chart appears to be indicating a major “risk on” move is coming in the financial system. IF TLT breaks below that red line it could ignite a major bull run in stocks to new highs.

Interestingly, a big breakdown in bonds would indicate a sharp rise in inflation.

Gold is saying something similar: we’ve had breakouts in every major currency. This too says big inflation is coming.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.

We are making just 100 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market
11
May
2020

Can the Elites Freeze Bank Accounts and Seize Deposits? Read On to Find Out

The U.S. will issue over $3 trillion in debt between April and June of this year. The Federal deficit is already on pace to surpass $4 trillion in 2020 and that’s before the next round of stimulus programs are introduced (some members of Congress want bailouts for states as well as pension funds).

The U.S. funds its budget with tax revenues. However, tax revenues are dropping due to the economic shutdown. Moreover, the U.S. has already introduced one tax deferment to July for 2019 and 2020 taxes… and the Trump administration is now floating a proposal to extend this deferment to September or even December.

Put simply, tax revenues are collapsing right as the U.S. issues record amounts of debt.

This will work temporarily, as the bond market is showing tremendous demand for U.S. debt based on safe haven buying and fears of continued economic weakness.

However, at some point, the elites who run this country will begin looking for new sources of capital to finance their schemes.

They’ll introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

Did you know the IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

You can pick up a FREE copy at:

http://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Wealth Grab
11
May
2020
The Secret Plan to Introduce Cash Grabs, Wealth Taxes and Asset Confiscation in the U.S.

The Secret Plan to Introduce Cash Grabs, Wealth Taxes and Asset Confiscation in the U.S.

The U.S. will issue over $3 trillion in debt between April and June of this year. The Federal deficit is already on pace to surpass $4 trillion in 2020 and that’s before the next round of stimulus programs are introduced (some members of Congress want bailouts for states as well as pension funds).

The U.S. funds its budget with tax revenues. However, tax revenues are dropping due to the economic shutdown. Moreover, the U.S. has already introduced one tax deferment to July for 2019 and 2020 taxes… and the Trump administration is now floating a proposal to extend this deferment to September or even December.

Put simply, tax revenues are collapsing right as the U.S. issues record amounts of debt.

This will work temporarily, as the bond market is showing tremendous demand for U.S. debt based on safe haven buying and fears of continued economic weakness.

However, at some point, the elites who run this country will begin looking for new sources of capital to finance their schemes.

They’ll introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

Did you know the IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

The Secret Plan to Introduce Cash Grabs, Wealth Taxes and Asset Confiscation in the U.S.

The U.S. will issue over $3 trillion in debt between April and June of this year. The Federal deficit is already on pace to surpass $4 trillion in 2020 and that’s before the next round of stimulus programs are introduced (some members of Congress want bailouts for states as well as pension funds).

The U.S. funds its budget with tax revenues. However, tax revenues are dropping due to the economic shutdown. Moreover, the U.S. has already introduced one tax deferment to July for 2019 and 2020 taxes… and the Trump administration is now floating a proposal to extend this deferment to September or even December.

Put simply, tax revenues are collapsing right as the U.S. issues record amounts of debt.

This will work temporarily, as the bond market is showing tremendous demand for U.S. debt based on safe haven buying and fears of continued economic weakness.

However, at some point, the elites who run this country will begin looking for new sources of capital to finance their schemes.

They’ll introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

Did you know the IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

You can pick up a FREE copy at:

http://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Wealth Grab
07
May
2020
Wealth Taxes, Cash Grabs, and Other Schemes

Wealth Taxes, Cash Grabs, and Other Schemes

They are coming for your money.

Let’s cut through all of the day to day developments in the financial system and look at things in the BIG picture.

The BIG picture is the global economy has screeched to a halt as governments around the world enforced “stay at home” or “shutdown” orders.

This has triggered an economic implosion, with tens if not hundreds of millions of unemployed around the world.

Governments are trying to “paper” over this mess via stimulus and monetary intervention. In simple terms, they are throwing trillions of dollars/euros/yen at the problem.

This means governments blowing out their budgets.

Budgets are financed with taxes. If taxes don’t cover government spending, then governments issue debt to make ends meet. And with taxes collapsing due to the shutdowns, governments are having to issue VAST amounts of debt.

The U.S. alone is expected to run a $3 if not $4 trillion deficit this year. And that’s as of May. Bear in mind, we still have seven months to go in the year and no one knows how long this situation will continue.

At some point in the not-so-distant future, governments will start looking for new sources of capital.

That source will be you, me and everyone else.

The plan behind this has been in place since 2011. Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to: 

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

Did you know the IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

You can pick up a FREE copy at:

http://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
06
May
2020

The Dark Plan the Elites Are Unveiling While the World is Distracted by Stocks

Stocks rallied hard yesterday, but failed to break above resistance (red line in the chart below).

This suggests that the rally is tired and due for consolidation. We have had two similar phases since the markets bottomed on March 31st-April 6th, and April 20th-April 27th (red boxes in the chart below).

The big question for investors is if this is a buying opportunity or the start of a major drop.

Credit suggests it’s a buying opportunity. As long as high yield credit spreads remain above support (blue line in the chart below), the financial system remains in “risk on” mode.

Outside of stocks, it is clear the elites are planing on introducing extraordinary measures to seize wealth and assets from the middle class.

Consider the following…

The U.S. government intends to issue $3 TRILLION in debt between April and June.

Meanwhile, taxes are collapsing as the economy grinds to a halt… and millions of Americans lose their jobs (ADP reports companies laid off 20 MILLION people in April alone).

So where is the money going to come from to finance all of this insanity?

The IMF is calling for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

Indeed, we’ve uncovered a secret document outlining exactly how they will do this.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

You can pick up a FREE copy at:

http://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
06
May
2020

Stocks Retreat… Is It Time to Buy… or Time to Sell?

Stocks rallied hard yesterday, but failed to break above resistance (red line in the chart below).

This suggests that the rally is tired and due for consolidation. We have had two similar phases since the markets bottomed on March 31st-April 6th, and April 20th-April 27th (red boxes in the chart below).

The big question for investors is if this is a buying opportunity or the start of a major drop.

Credit suggests it’s a buying opportunity. As long as high yield credit spreads remain above support (blue line in the chart below), the financial system remains in “risk on” mode.

Outside of stocks, it is clear the elites are planing on introducing extraordinary measures to seize wealth and assets from the middle class.

Consider the following…

The U.S. government intends to issue $3 TRILLION in debt between April and June.

Meanwhile, taxes are collapsing as the economy grinds to a halt… and millions of Americans lose their jobs (ADP reports companies laid off 20 MILLION people in April alone).

So where is the money going to come from to finance all of this insanity?

The IMF is calling for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

Indeed, we’ve uncovered a secret document outlining exactly how they will do this.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

You can pick up a FREE copy at:

http://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in stock collapse?
05
May
2020

The Fed Has Yet to Buy ANY Corporate Bonds

The Fed lied to us.

If you’ll recall, on March 23rd 2020, the Federal Reserve stated that it would begin buying both U.S. Treasuries and corporate bonds with unlimited funds.

The announcement was historic in nature: never before in its 107-year history had the Fed bought corporate bonds before. IN fact, it was technically illegal for the Fed to do this as the Federal Reserve Act of 1933 expressly forbid the Fed from buying corporate bonds and other risk-assets.

The Fed got around that legislation by setting up a credit facility with the Treasury called the Corporate Credit Facility of CCF (there are actually two of these now, one for buying investment grade corporate bonds and the other for buying corporate junk bonds).

In its simplest form, the Fed would print new money and then funnel this money into the credit facility. The Treasury, not the Fed, would then take the money and use it to buy corporate bonds and corporate bond ETFs on the open market. 

This was a HUGE development for the markets. And it is not coincidence that both stocks and corporate bonds bottomed the day the Fed made the announcement.

Except the whole thing was a lie.

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Jeffrey Gundlach is a self-made billionaire bond fund manager. As such he is one of the largest buyers of bonds in the markets. And last week on Friday, May 1st 2020, he tweeted the following:

The Fed responded to this accusation yesterday, Monday May 4th, posting on its website that it would begin buying corporate bonds in “early May.”

When will the CCFs be operational?

The SMCCF is expected to begin purchasing eligible ETFs in early May. The PMCCF is expected to become operational and the SMCCF is expected to begin purchasing eligible corporate bonds soon thereafter. Additional details on timing will be made available as those dates approach.

Source: The New York Fed 

Remember, the Fed promised to buy corporate bonds back on MARCH 23rd… and it was announcement stopped the stock market meltdown… and it is now May 5th (six weeks later) and the Fed hasn’t bought a single corporate bond.

Stocks literally rallied 30% on a lie.

This begs the question…what else is the Fed lying about?

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

Today is the last day this report will be available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
05
May
2020

The Fed Got the Market to Bottom on a Lie… So What Else is It Lying About?

The Fed lied to us.

If you’ll recall, on March 23rd 2020, the Federal Reserve stated that it would begin buying both U.S. Treasuries and corporate bonds with unlimited funds.

The announcement was historic in nature: never before in its 107-year history had the Fed bought corporate bonds before. IN fact, it was technically illegal for the Fed to do this as the Federal Reserve Act of 1933 expressly forbid the Fed from buying corporate bonds and other risk-assets.

The Fed got around that legislation by setting up a credit facility with the Treasury called the Corporate Credit Facility of CCF (there are actually two of these now, one for buying investment grade corporate bonds and the other for buying corporate junk bonds).

In its simplest form, the Fed would print new money and then funnel this money into the credit facility. The Treasury, not the Fed, would then take the money and use it to buy corporate bonds and corporate bond ETFs on the open market. 

This was a HUGE development for the markets. And it is not coincidence that both stocks and corporate bonds bottomed the day the Fed made the announcement.

Except the whole thing was a lie.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $5,000 

An annual subscription (1 year) to all of our current newsletters costs $3,500 (Private WEalth 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $5,000.

There are three slots remaining for this offer… don’t miss it.

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Jeffrey Gundlach is a self-made billionaire bond fund manager. As such he is one of the largest buyers of bonds in the markets. And last week on Friday, May 1st 2020, he tweeted the following:

The Fed responded to this accusation yesterday, Monday May 4th, posting on its website that it would begin buying corporate bonds in “early May.”

When will the CCFs be operational?

The SMCCF is expected to begin purchasing eligible ETFs in early May. The PMCCF is expected to become operational and the SMCCF is expected to begin purchasing eligible corporate bonds soon thereafter. Additional details on timing will be made available as those dates approach.

Source: The New York Fed 

Remember, the Fed promised to buy corporate bonds back on MARCH 23rd… and it was announcement stopped the stock market meltdown… and it is now May 5th (six weeks later) and the Fed hasn’t bought a single corporate bond.

Stocks literally rallied 30% on a lie.

This begs the question…what else is the Fed lying about?

On that note, if you’re worried about weathering a potential market crash, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

Today is the last day this report will be available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Central Bank Insanity
04
May
2020

Graham Summers’ Weekly Market Forecast: Will Support Hold?

Stocks have fallen to test support.

The rising bearish wedge formation (blue lines) everyone has been tracking broke late last week. The S&P 500 has now fallen to test support (red line).

The bears have jumped on this move, stating that it is evidence we are going to see another crash to retest the lows, or possibly break to new lows. Trading is rarely that easy. If it was, everyone would be a billionaire.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $5,000 

An annual subscription (1 year) to all of our current newsletters costs $3,500 (Private WEalth 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $5,000.

There are three slots remaining for this offer… don’t miss it.

CLICK HERE NOW!!! 

———————————————————–

High yield credit, which leads stocks, had been retreating for the last week and a half. It’s important to note that throughout that time, credit never once broke below support.

The same is true for breadth, which also leads equities.

Look, I get it… the market bottomed based on massive intervention by the Fed… which makes many investors feel that this bottom is “fake.” However, unless bother credit and breadth break below support, the odds of stocks falling to new lows is next to zero.

These are the charts to watch this week. Don’t get too excited about market action just yet. Let the markets show you what’s coming by breaking key support levels (or holding them) and THEN make your move.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market
04
May
2020

The Three Charts Professional Traders Are Watching This Week

Stocks have fallen to test support.

The rising bearish wedge formation (blue lines) everyone has been tracking broke late last week. The S&P 500 has now fallen to test support (red line).

The bears have jumped on this move, stating that it is evidence we are going to see another crash to retest the lows, or possibly break to new lows. Trading is rarely that easy. If it was, everyone would be a billionaire.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $5,000 

An annual subscription (1 year) to all of our current newsletters costs $3,500 (Private WEalth 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $5,000.

There are three slots remaining for this offer… don’t miss it.

CLICK HERE NOW!!! 

———————————————————–

High yield credit, which leads stocks, had been retreating for the last week and a half. It’s important to note that throughout that time, credit never once broke below support.

The same is true for breadth, which also leads equities.

Look, I get it… the market bottomed based on massive intervention by the Fed… which makes many investors feel that this bottom is “fake.” However, unless bother credit and breadth break below support, the odds of stocks falling to new lows is next to zero.

These are the charts to watch this week. Don’t get too excited about market action just yet. Let the markets show you what’s coming by breaking key support levels (or holding them) and THEN make your move.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market
04
May
2020

Stocks Are Down… But Will They Retest the Lows?

Stocks have fallen to test support.

The rising bearish wedge formation (blue lines) everyone has been tracking broke late last week. The S&P 500 has now fallen to test support (red line).

The bears have jumped on this move, stating that it is evidence we are going to see another crash to retest the lows, or possibly break to new lows. Trading is rarely that easy. If it was, everyone would be a billionaire.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $5,000 

An annual subscription (1 year) to all of our current newsletters costs $3,500 (Private WEalth 

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $5,000.

There are three slots remaining for this offer… don’t miss it.

CLICK HERE NOW!!! 

———————————————————–

High yield credit, which leads stocks, had been retreating for the last week and a half. It’s important to note that throughout that time, credit never once broke below support.

The same is true for breadth, which also leads equities.

Look, I get it… the market bottomed based on massive intervention by the Fed… which makes many investors feel that this bottom is “fake.” However, unless bother credit and breadth break below support, the odds of stocks falling to new lows is next to zero.

These are the charts to watch this week. Don’t get too excited about market action just yet. Let the markets show you what’s coming by breaking key support levels (or holding them) and THEN make your move.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market