Asia has become the most important issue for the markets today. The Central Bankers’ dream of endless QE has become a nightmare for Japan while China’s “growth miracle” is rapidly falling to pieces.

Let’s start with Japan.

Japan launched its “shock and awe” mega-QE policy in April 2013. Having already launched eight QE programs over the last 20 years (equal to 20% of Japan’s GDP), Japan has only experienced two years in which GDP growth has exceeded 3%.

Despite this failure, Japan’s political leadership, lead by Shinzo Abe opted to increase its QE efforts, announcing a QE program equal to $1.4 trillion, roughly an additional 20%+ of Japan’s GDP.

The hope was that this massive stimulus would result in an uptick in GDP and employment.

Unfortunately, neither has picked up. Japan’s June industrial production fell 3.3% month over month in June. Household spending unexpectedly dropped 2% month over month for the same time period.

At the same time, inflation is beginning to rear its head.

Japan’s consumer price index registered its first increase in 14 months in June. The pace of increase was the fastest since 2008 when commodity prices were at record highs.

This is a huge problem. If the cost of living in Japan continues to rise without a commensurate rise in incomes or GDP, then Japan is finished as the benefits of monetary intervention will have been completely overcome by the negative consequences.

Another key development for the global economy that needs to be monitored is the collapse of China.

The mainstream financial media continues to proclaim that China’s liquidity crisis is solved and that the Chinese economy is growing at 7%.

However, we get confirmation of a slowdown in China via the latest round of corporate results there.

Consider that:

• Apple just reported a 14% drop in Net Sales for operations in China.

• Yum! Brands (owns Taco Bell, KFC, etc.) saw a 7% drop in sales in China.

• Cosco Shipping (China’s largest shipping group) saw its first half net loss triple.

• Anglo American, a mining group producing coal, iron ore and precious metals with large exposure to China, saw a 34% in pre-tax profits in the first half of 2013.

I also note the collapse in Copper (black line), which is closely mirroring the collapse of China’s stock market  (blue line) below.

Combined, China and Japan account for roughly 18% of Global GDP. They are the second and third largest countries in the world respectively. The fact that the former is definitively in a hard landing while the latter is facing systemic unrest will not be something the markets can ignore for long.

On that note, I’ve already prepared readers of my Private Wealth Advisory newsletter with a number of targeted investment strategies designed to help them not only manage risk, but produce outsized profits during the coming Crash.

My clients saw a 7% portfolio return in 2008, at a time when the market fell 35%.

We also locked in 73 straight winning trades during the Euro Crisis, producing a total portfolio return of 34% at a time when the market was falling rapidly.

And today, we’re taking action to prepare for another round of intense volatility. In fact, we’ve already started another winning streak, having locked in 13 straight winners since May. And by the look of things, we’re about to close our 14th and 15th shortly.

If these sound like the kind of investment strategies you could use for your portfolio, I suggest taking out a trial subscription to Private Wealth Advisory. You’ll immediately begin receiving my bi-weekly investment reports outlining the most important developments in the market.

You’ll also receive my real-time trade alerts, telling you the minute it’s time to open or sell a trade.

All just for $299 a year.

You get:

• 26 bi-weekly investment reports (ranging from 15-30 pages in length)
• Six Special Reports outlining unique opportunities and risks in the markets that 99% of investors don’t know about.
• 30-50 trades per year provided to you in real time
• The sense of calm in knowing that you’ve got your financial house in order.

To sign up for Private Wealth Advisory…

Click Here Now!!!

Yours in Profits,

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Japan continues to dominate the economic news. The latest move concerns Prime Minister Abe’s new economic policies to cut corporate taxes. He also announced plans to run a shakeup at Japan’s political ministries.

This is “Plan B” for Abe who has found that his policy of “Abenomics” or pushing the Bank of Japan to print even more money has failed to stimulate Japan’s economy.

Abe won in a landslide last September on his platform of urging the Bank of Japan to do more. This platform ignored the failure of QE to stimulate growth in Japan in the previous 20 years (Japan had already engaged in QE programs equal to 25% of the country’s GDP). It also ignored the risks of unfettered money printing, namely higher inflation.

Sadly, Abe has discovered that ignoring both of these key issues, while good politically, has been disastrous economically. Abe won the election and the Bank of Japan announced a record $1.4 trillion QE effort in April 2013. To put this number into perspective, this would be the equivalent of Ben Bernanke announcing a $3.75 trillion QE plan in the US. Suffice to say it was a “shock and awe” move.

Unfortunately, it hasn’t worked. Japan’s industrial production fell 3.3% month over month in June. At the same time, Japan’s consumer price index registered its first increase in 14 months in June. The pace of increase was the fastest since 2008 when commodity prices were at record highs.

In plain terms, the Japanese economy is failing to respond to Abenomics. This is the single most important issue for the global financial system today.

The economy and financial markets have been moving in a zig-zag pattern ever since 2008 with drops in asset prices and GDP being met by intervention and stimulus by the world’s Central Banks.

However, thus far no Central Bank has gone “all in” with QE. The larger efforts have been focused on specific timelines (six months to a year) and the ongoing efforts have been tied to economic developments (the Fed claims it will taper QE when US employment falls to an acceptable level).

Never before has a Central Bank stated point blank that it’s firing a bazooka at the economy. Japan has done this. It has failed. And this failure has effectively been the “Emperor has no clothes” moment for Central Bank interventions.

And the markets are taking note.

Traders and investors do not respond to sea changes instantly. The smart ones take note and begin adjusting their portfolios and hedging their bets. This doesn’t result in massive market moves as these investors are sophisticated enough to move out of old positions and into new ones without drawing too much attention

It’s only when the investment herd en masse realizes that something has changed that you begin to see market Crashes.

This process has begun in the world. The smart money is leaving the market. And the market rally is being driven by fewer and fewer companies. This is classic Bubble Topping signals.

This is not to say that the market will crash tomorrow. But the sea change has hit and it’s now a matter of time. The likelihood of a full-scale market Crash similar to 1987 occurring in the coming months has increased dramatically.

So if you are not taking steps to prepare your portfolio for some major price movements, you need to start now. Pinpointing the exact date of a market Crash is darn near impossible. But one thing is clear: once it begins it’s far too late to save your hard earned capital.

On that note, I’ve already prepared readers of my Private Wealth Advisory newsletter with a number of targeted investment strategies designed to help them not only manage risk, but produce outsized profits during the coming Crash.

My clients saw a 7% portfolio return in 2008, at a time when the market fell 35%.

We also locked in 73 straight winning trades during the Euro Crisis, producing a total portfolio return of 34% at a time when the market was falling rapidly.

And today, we’re taking action to prepare for another round of intense volatility. In fact, we’ve already started another winning streak, having locked in 11 straight winners since May. Throughout that period we haven’t closed a single loser.

If these sound like the kind of investment strategies you could use for your portfolio, I suggest taking out a trial subscription to Private Wealth Advisory. You’ll immediately begin receiving my bi-weekly investment reports outlining the most important developments in the market.

You’ll also receive my real-time trade alerts, telling you the minute it’s time to open or sell a trade.

All just for $299 a year.

You get:

• 26 bi-weekly investment reports (ranging from 15-30 pages in length)
• Six Special Reports outlining unique opportunities and risks in the markets that 99% of investors don’t know about.
• 30-50 trades per year provided to you in real time
• The sense of calm in knowing that you’ve got your financial house in order.

To sign up for Private Wealth Advisory…

Click Here Now!!!

Yours in Profits,

Graham Summers

Chief Market Strategist

Phoenix Capital Research

In April 2013, Japan announced a QE program of $1.4 trillion, an amount equal to roughly 25% of the Japanese GDP. To put this into perspective, the US’s QE1, QE 2, QE 3, and QE 4 programs which were spaced out over four years are an amount equal to roughly 16% of US GDP.

Japan announced a larger program relative to its economy all at once. The idea was that by throwing around a big enough amount of money, Japan’s economy would finally waken from its 20-year slumber and take off.

This effort has been an abysmal failure. Japan’s second quarter GDP grew at just 0.6% quarter over quarter, registering the single biggest growth MISS in a year (economists were expecting 0.9% which, by the way had already been revised lower).

Put in plain terms, Japan announced the single largest QE effort in history, and not only did its economic growth projections have to be lowered, but it is failing to even meet these lowered growth projections.

The “QE generates economic growth” story is officially dead. This will have severe repercussions throughout the financial system.

Indeed, it is not coincidence that the Fed began talk of tapering QE shortly after Japan announces its own massive program. And it is not coincidence that the Fed began to speed up the “taper QE” timetable as the epic failure of Japan’s QE efforts become obvious to everyone.

The Fed now clearly realizes that QE no longer impacts the economy in any meaningful way. It also realizes that it has created yet another massive stock market bubble, arguably one that is even worse than that of 2007/2008.

The writing is clearly on the wall. We have numerous proprietary metrics that are screaming “collapse” as I write this. The likelihood of a full-scale market Crash similar to 1987 occurring in the coming months has increased dramatically.

So if you are not taking steps to prepare your portfolio for some major price movements, you need to start now. Pinpointing the exact date of a market Crash is darn near impossible. But one thing is clear: once it begins it’s far too late to save your hard earned capital.

On that note, I’ve already prepared readers of my Private Wealth Advisory newsletter with a number of targeted investment strategies designed to help them not only manage risk, but produce outsized profits during the coming Crash.

My clients saw a 7% portfolio return in 2008, at a time when the market fell 35%.

We also locked in 73 straight winning trades during the Euro Crisis, producing a total portfolio return of 34% at a time when the market was falling rapidly.

And today, we’re taking action to prepare for another round of intense volatility. In fact, we’ve already started another winning streak, having locked in 11 straight winners since May. Throughout that period we haven’t closed a single loser.

If these sound like the kind of investment strategies you could use for your portfolio, I suggest taking out a trial subscription to Private Wealth Advisory. You’ll immediately begin receiving my bi-weekly investment reports outlining the most important developments in the market.

You’ll also receive my real-time trade alerts, telling you the minute it’s time to open or sell a trade.

All just for $299 a year.

You get:

• 26 bi-weekly investment reports (ranging from 15-30 pages in length)
• Six Special Reports outlining unique opportunities and risks in the markets that 99% of investors don’t know about.
• 30-50 trades per year provided to you in real time
• The sense of calm in knowing that you’ve got your financial house in order.

To sign up for Private Wealth Advisory…

Click Here Now!!!

Yours in Profits,

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The financial media continues to talk about how Europe is saved.

It’s odd that somehow everything is starting to look so much better now than Angela Merkel is up for re-election in Germany. Could it be coincidence that the worst Crisis in years suddenly went away right as the women with her finger on the “bailout” button needed to convince German voters that she’s doing a great job?

Remember, politics drive everything in Europe, including the markets (Spain’s political scandals had a bigger impact on the Spanish Ibex than a myriad of horrific economic data). Which is why everything is on hold until the German election ends next month.

Meanwhile, underneath this veneer of calm, things worsen. Recently…

• Italy’s non-performing bank loans rose 22% year over year in May (the most recent data)
• Spain’ real non-performing loans are at 17%.
• The IMF predicts Spain’s unemployment will be over 25% for five years.
• Total EU youth unemployment just hit a new all time high, almost 25%.
• Cyprus just OK’d the theft of 47.5% of all deposits over €100,000 at its troubled banks (yes, people just lost nearly half of their savings).

The European markets look equally ugly.

Spain’s Ibex has traded sideways since late 2012. It’s now coming up against major resistance. We’ll see how that turns out.

Germany’s Dax is forming a massive bearish rising wedge pattern.

This market needs to explode to the upside or we’re going to see a correction that erases all of the gains since mid-2011.

The same is true of France:

Again, we need a parabolic rise now or this is a false breakout and France’s shares are heading lower.

We’ve all seen how false hopes work out for the markets: BADLY. Given that Europe is beyond bankrupt at this point, I fully expect that that the EU Crisis will be back with a vengeance very shortly. When you consider that the entire EU banking system is leveraged at 26 to 1, it’s clear that there’s only one outcome possible here: implosion.

Folks, there is no other way to put this… the markets are in a massive bubble. And when it bursts, things will get ugly very FAST.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in ELEVEN winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

The primary myth being perpetuated by the Central Banks of the world is the belief that loose monetary policy and money printing will lead to economic growth.

This is the reason why Central banks have cut interest rates more than 511 times since June 2007. It’s also why they’ve expanded their balance sheets by over $10 trillion (this doesn’t count unofficial lending windows and off balance sheet programs).

It’s a strange idea, especially when you consider that there is literally no evidence that printing money creates jobs. Look at Japan, they have and continue to maintain QE efforts equal to 40+% of their GDP and unemployment hasn’t budged in 20 years. The UK has engaged in QE equal to over 20% of GDP with no success.

If you need further proof that money printing and inflation don’t create jobs take a look at the below chart from Bill King’s The King Report.  The blue line is CPI. The pink line is non-seasonally adjusted non-farm payroll (jobs). In the last 50 years, inflation has dramatically outperformed job creation.

Since Bernanke took over at the Fed, the US hasn’t experienced a single year of 3% GDP growth. All the talk of jobs coming back courtesy of the Fed is ridiculous. The employment population ratio peaked in 2000. Since that time jobs have not kept up with population growth, let alone grown.

Indeed, all that’s grown is inflation, the one thing the Fed is great at creating.

According to Harvard Professor Ken Rogoff in the 138 years leading up to the Fed’s founding in 2013, inflation rose a mere 20%.

Yes, you read that correctly, inflation rose just 20% over a period of 138 years. However, in the 100 years since the Fed came into existence, inflation has risen by 3,000%. The US dollar has lost between 96-98% of its value since 1913.

And yet despite the preponderance of evidence that money printing doesn’t create jobs, Bernanke and his Central Banker colleagues continue to perpetuate the myth that the recovery is just around the corner, as long as we continue to print money.

It’s complete and utter insanity. And all it will accomplish is bankrupting the US, resulting in higher costs of living (again inflation has risen 3,000% since the Fed’s creation in 1913) and lower quality of life for all of us.

Folks, there is no other way to put this… the markets are in a massive bubble. And when it bursts, things will get ugly very FAST.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in ELEVEN winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

The markets fell yesterday despite the Fed pumping over $5 billion into the system. The primary reason is that the Fed is once again talking about tapering QE. There’s also the uncertainty of who the next Fed Chairman will be (Larry Summers’ odds of filling the roll can be correlated to the dips in the market as Summers has been critical of QE in the past).

Stocks are on the edge of a small cliff. It we take it out we could go to 1650 in a heartbeat. And it we take out 1625, then look out, we’ll likely wipe out several months of gains in a short period.

Speaking of which, the Nikkei has formed a triangle pattern. Watch this formation closely. Japan is leading the US as far as markets are concerned. A breakdown here would signal a major correction in US stocks.

In the US, the Fed continues to argue that money printing and QE can generate growth. There is literally no evidence of this in history. Japan and the UK have both engaged in massive QE programs to little or no effect.

However, the Fed is terrified of losing control of the system, so it wants to continue doing anything no matter how futile in order to maintain the appearance of confidence. God forbid anyone figures out the emperor has no clothes…

Folks, there is no other way to put this… the markets are in a massive bubble. And when it bursts, things will get ugly very FAST.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in ELEVEN winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

 

 

 

 

I keep hearing that whenever “stocks are rising” it’s a good thing.

I completely disagree. If a market move is warranted by earnings and fundamentals, then yes, a sharp move higher is great. But if the market is rallying based on false hopes, or even worse, is in a bubble, then it’s actually very bad for stocks to move higher because it means the ensuing collapse will be even more violent (a la 2000 and 2008).

With that in mind, this market has essentially moved up almost non-stop since December 2012. This entire move has occurred against worsening economic fundamentals.

While the cheerleaders on TV applaud this move, it’s important to consider the “big picture” for the economy and market as a whole. Here’s the big picture:

1)   Earnings, the primary driver or prices, are falling. If you exclude financials earnings for the last quarter, earnings are down 2.9% year over year.

2)   Economic activity, the other driver of stock prices, has fallen too, leaving stocks diverging sharply to the upside.

3)   The “smart” money is fleeing the market en masse (institutions, wealthy private investors, etc.).

4)   The problems in Europe have not gone away. They’ve been shuffled under the carpet until Germany’s elections. But Spain, Portugal, and even Italy are rapidly descending into financial chaos and insolvency.

5)   Japan massive experiment with monetary policy is proving to be a disaster with industrial production falling while costs of living are rising. Japan is skirting on the verge of financial collapse.

6)   China is experiencing a hard landing, if not economic crash. If you look at their electricity consumption their GDP growth is barely 2.9%. Yet the entire world continues to believe the People’s Republic will produce 7% growth ad infinitum. Good luck with that.

Folks, there is no other way to put this… the markets are in a massive bubble. And when it bursts, things will get ugly very FAST.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in ELEVEN winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

 

The financial world is abuzz with the unexpected jump higher in our manufacturing and non-ISM(s). The world seems to think these two jumps are the result of the US economy suddenly getting back on track.

The whole thing smacks of political games. Is it really coincidence that the scandal-ridden Obama administration suddenly decided to focus on the economy (again) and the official economic data starts improving the next week?

Or is this an attempt to draw attention from the fact that even the mainstream financial media has caught on that the US’s employment, GDP, and inflation numbers are a joke (hence the sudden importance of ISM and non-manufacturing ISM data)?

Regardless, we cannot help but wonder where this incredible growth is occurring. Most of the growth in corporate profits over the last year have come from financials which are notorious for generating “earnings” through various accounting gimmicks.

Indeed, when you remove financials from the picture, earnings for the S&P 500 are DOWN 2.9% for the second quarter of 2013. We also see that when you remove the Fed’s absurd GDP “deflator” (the way in which it accounts for inflation in its GDP numbers) that the US is clearly back in recession.

So, somehow the US economy is roaring back in a big way? Hard to see. Over 70% of the economy is consumer spending. And spending is driven by incomes. And incomes are… falling.

What could go wrong?

The Great Crisis, the one to which 2008 was just a warm up, is approaching. The time to prepare for it is BEFORE the US stock market bubble bursts.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

 

Traders shot for and managed to hit 1,700 on the S&P 500. At this point, there is no real reason for this other than trader games (start of the month buying).

The rising wedge pattern we’ve been tracking is essentially complete. This final jump in the S&P 500 has been a bounce from the upper trendline. But by the look of things, this is likely the final push.

The biggest driver of equity prices is corporate earnings. The only real reason stocks are moving up is based on the belief that the US economy is about to coming roaring back and corporate profits will soar.

This is a totally misguided viewpoint. Financials are the single biggest contributors for earnings growth in the S&P 500. These earnings are entirely fiction based on accounting gimmicks, not real money being made.

Ex-financials, the S&P 500’s earnings for the second quarter are DOWN 2.3%.

There is a word for this kind of market, it’s BUBBLE.

Take a look at how extended the weekly S&P 500 chart is above the 200-week moving average.

So we have a super overextended stock market on a collapsing economy and weaker corporate profits.

What could go wrong?

The Great Crisis, the one to which 2008 was just a warm up, is approaching. The time to prepare for it is BEFORE the US stock market bubble bursts.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

The markets moved up sharply today, with the S&P 500 briefly touching 1,700. This is classic start of the month buying abetted by the ECB and Fed not doing anything, which in this environment of ongoing monetization is equated with helping the markets (in contrast even indicating that tapering of QE might occur is considered “tightening”… this is the insane world we invest in today).

The bigger story is the changes to GDP calculations that the Feds implemented. The single dumbest change pertained to counting “future pension benefits promised by governments and private companies are counted as income.” In plain English, this means that the Government now counts pension promises as cash in the bank.

In this fantasy world, if I promise to pay you $1 million a year after retirement, that promise is not equated as income and economic growth. It doesn’t matter if I don’t actually meet my promise, the promise is worth the same as cash in the bank.

Ironically, the ones touting this as a success are politicians who break every promise they ever make. This is what happens when a country is run by those with no business experience or industrial background.

The bigger story is Japan, where the Central Bank dream of doing “enough” is crashing into the wall. Japan has announced a $1.4 trillion QE effort, an amount equal to 21% of its GDP. To put this into perspective, this is the single largest QE in history, the kind of QE Bernanke and his pals could only dream of announcing.

Instead of resulting in economic growth or high employment all this has done is raise the costs of living. Industrial production and household spending both recently plunged, while inflation has risen to a 14 month high.

And thus does 100 years of bad economic theory as well as the hope of Central Banks fixing the global economy go crashing into the wall.

The Great Crisis, the one to which 2008 was just a warm up, is approaching. The time to prepare for it is BEFORE the US stock market bubble bursts.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

 

The big news is what’s going on in Asia.

The US financial media continues to focus on who will be the next Fed Chairman, which is unimportant in the grand scheme of things. Greenspan created the biggest asset bubble in history. Bernanke bankrupted the republic and created an even bigger bubble trying to prove his misguided theories. Whoever takes over the reins at the Fed next will simply have the honor of being in the driver’s seat when the whole mess goes over the cliff.

Ignore the next Fed Chairman debate, the world has much bigger problems to worry about.

Let’s start with China.

China’s economy is based on fraud, not actual growth. The talking heads believe China will hit 7% GDP growth this year. Their electricity consumption is only up 2.9%. Can anyone explain how a country can be consuming electricity at 2.9% growth and hit GDP growth at 7%?

Take a look at the Chinese stock market. We’ve just taken out the “recovery” trendline going back to 2009. And we’ve done this at a time when China has just pumped $1.6 trillion in new credit (that’s 21% of GDP) into its economy in the last two quarters…

When you put an amount equal to 21% of your GDP into your banking system in six months and the stock market still falls, it’s GAME OVER.

Take a look at Japan. Abenomics (print even more money faster) was supposed to bring about growth. Instead, all it’s done is increase consumer prices. This in turn hurts incomes. And that implodes an economy (one which hasn’t seen major growth in 20+ years I might add).

The Abenomics bubble has burst. The Nikkei has failed to reclaim its trendline. This bull market is OVER.

So the second and third largest economies in the world are in collapse with stock market crashes.

What are the odds the world is somehow going to continue to grow through this? What are the odds that the next Fed Chairman will be able to manage this mess?

The Great Crisis, the one to which 2008 was just a warm up, is approaching. The time to prepare for it is BEFORE the US stock market bubble bursts.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

Some truly awful economic results were released over the last week.

First and foremost, we discovered that 80% of the US adults struggle with joblessless, are near poverty, or have a reliance on welfare for at least part of their lives.

This is truly extraordinary. I’ve noted before that the employment ratio (the number of Americans of working age who have jobs divided by the total number of Americans of working age) indicates that there has been little if any real recovery in the jobs market. But the fact that four out of five adults is struggling truly shows just how endemic economic weakness is in the system.

It’s also a stunning rebuke of the Federal Reserve’s claim that its policies help Main Street. Below is a chart indicating the impact of QE(s) 1,2,3, and 4 on the employment population ratio. All told, we’ve spent over $3 trillion… and the ratio has barely moved higher.

Despite this incredible amount of money printing, the US economy has failed to recover in any meaningful way. Indeed, we have not had a single year of 3% GDP growth since Bernanke took the help as Fed Chairman.

Instead, all we’ve got is a new stock market bubble. Investing legend Jim Chanos recently noted that today more companies are trading over 3X their book value than in March 2000 (at the height of the Tech Bubble).

I also want to note that the stock market today is more stretched over its 200-weekly moving average than it was at the height of the Housing Bubble. Once this market really begins to correct, we could easily fall to this line (currently 1300 on the S&P 500).

And if things get VERY ugly we’ll take this line out and crash to new lows.

It’s just like 2007 all over again. Only this time around, we know for a fact that the Fed hasn’t fixed things and has bankrupted itself and the financial system pretending that it can.

This is not doom and gloom. This is a fact. The Fed has created an even bigger bubble than the 2007 one.

The time to prepare for this is not once the collapse begins, but NOW, while stocks are still rallying. Stocks take their time moving up, but when they crash it happens VERY quickly.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

 

Anyone who believes that housing is back in a big way needs to take a look at homebuilder stocks.

Here’s DR Horton (DHI) which is down over 30% from its recent highs.

The same can be said for Pulte Homes (PHM)

The problem with the housing industry was and remains the Fed. By keeping interest rates at zero and giving institutions access to various lending windows, the Fed gave large financial firms like Blackrock to opportunity to snatch up tens of thousands of homes.

This has put a false floor beneath housing prices. Historically, housing busts in the OECD countries last 6-7 years peak to trough. But by giving certain players in the market (institutions) the opportunity to buy up vast swaths of homes, the Fed didn’t allow this natural process to take place.

The end result is that housing is once again unaffordable for most folks. Prices are surging across the board at the precise time that mortgage applications are collapsing (in part based on the rise in rates and based on housing becoming too pricey).

It’s just like 2007 all over again. Only this time around, we know for a fact that the Fed hasn’t fixed things and has bankrupted itself and the financial system pretending that it can.

This is not doom and gloom. This is a fact. The Fed has created an even bigger bubble than the 2007 one.

The time to prepare for this is not once the collapse begins, but NOW, while stocks are still rallying. Stocks take their time moving up, but when they crash it happens VERY quickly.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

 

The markets had a very weak session yesterday. With Bernanke’s final stand in front of Congress out of the way, along with options expiration and end of the quarter performance gaming, the bulls are running out of excuses to gun the market higher.

This is evident in the action of the last three days. All three days traders tried to push the market higher at the open. However, there was no follow through and every time the market retracted the early gains. As I’ve told subscribers of Private Wealth Advisory is not indicative of major buying power coming into the markets.

Yesterday we noted that the corrupt edifice that has sustained the “recovery” is crumbling. A big part of this edifice is the Fed and its role as regulator of monetary policy and the banking system.

The Fed publicly claims it wants to help the economy and Main Street. However, as we are now discovering, the Fed is more than willing to sacrifice the good of the people in order to prop up a few insolvent big banks.  

Bernanke and other Fed doves continue to proclaim that QE is beneficial to the economy. However, we now know from the former head of the BLS that the Fed’s claims of job growth are incredibly inaccurate (real unemployment is over 10%) as well as its claims of low inflation (real inflation is around 8%).

Higher costs and lower job growth. Neither of those is pro-recovery or pro-Main Street.

Moreover, we now find that Wall Street has been manipulating the commodities market as well as the interest rate markets: both of which have major impacts on average Americans.

If the Fed didn’t know about this, then how can anyone trust the Fed to understand the financial system, let alone “save” it? And if the Fed did know about this, then it’s proof positive that Bernanke is happy to turn a blind eye to Wall Street’s pushing of commodity prices higher (hurting Americans across the board).

I’ve long said that this entire recovery was a sham. Real employment has yet to come back in any meaningful way. And the housing “recovery” has been dominated by large financial institutions (ones with close ties to the Fed) buying up tens of thousands of homes, pushing prices higher to the point that once again Americans can’t afford them.

It’s just like 2007 all over again. Only this time around, we know for a fact that the Fed hasn’t fixed things and has bankrupted itself and the financial system pretending that it can.

This is not doom and gloom. This is a fact. The Fed has created an even bigger bubble than the 2007 one.

The time to prepare for this is not once the collapse begins, but NOW, while stocks are still rallying. Stocks take their time moving up, but when they crash it happens VERY quickly.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The corrupt edifice that has propped up the US big banks and financial system is beginning to crumble before our very eyes. I’ve warned subscribers of Private Wealth Advisory that this would happen. Now it is.

First and foremost, the former head of the Bureau of Labor Statistics (the group in charge of calculating the “official” unemployment numbers and inflation measures) has stepped forward and stated, point blank, that the unemployment numbers in the US are a joke.

Keith Hall believes the US economy is a lot sicker than the 7.6 percent unemployment rate would lead you to believe.

And he should know.

Hall was, from 2008 until last year, the guy in charge of Washington’s Bureau of Labor Statistics, the agency that compiles that rate.

“Right now [it’s] misleadingly low,” says Hall, who believes a truer reading of those now wanting a job but without one to be more than 10 percent.

Source: NY Post

The Government claims we’re in recovery because the unemployment rate is falling. But we have the former head of the BLS stating that real unemployment is greater than 10%.

The revelations continue with the inflation measure used by the Feds/ Federal Reserve. I’ve written about the various gimmicks the Feds use to downplay inflation many times before, but now the former head of the BLS has openly admitted the Fed’s methodology is incredibly outdated.

So how do the Feds measure inflation? They perform hundreds of thousands of surveys to see what consumers are buying. Then the BLS sends people into stores to determine how much these items cost.

So the Feds are relying on people:

1)   Remembering what they bought last month for groceries

2)   Remembering the price they paid

I don’t remember either these things in any great detail. I doubt 99% of people do either. And yet this is the basis for our inflation metrics!

The phony unemployment data and unbelievably low inflation measure are two of the biggest reasons that the Fed has to continue with its futile QE efforts. And the media is finally catching on that both are a joke.

This is just the start. I warned Private Wealth Advisory subscribers in our most recent issue that higher rates were coming noting a collapse in bonds in Europe and the emerging market space.

This could easily become truly catastrophic. The world is in a massive debt bubble and the Central banks are now officially losing control. The stage is now set for a collapse that could make 2008 look like a joke.

If you are not preparing in advance for this, the time to get started is NOW.

I’ve been warning subscribers of my Private Wealth Advisory that we were heading for a dark period in the markets. I’ve outlined precisely how this will play out as well as which investments will profit from another bout of Deflation.

As I write this, all of them are SOARING. In fact we just locked in four straight gains of 8%, 12%, 21% and 28% in the last month ALONE. In fact we just closed two more winners yesterday.

Are you ready for another Collapse in the markets? Could your portfolio stomach another Crash? If not, take out a trial subscription to Private Wealth Advisory and start protecting your hard earned wealth today!

We produced 72 straight winning trades (and not a SINGLE LOSER) during the first round of the EU Crisis. We’re now preparing for more carnage in the markets… having just started another eight trade winning streak…

To join us…

Click Here Now!

Best Regards,

Graham Summers

 

Another “growth story” is dying before our very eyes.

As I’ve warned Private Wealth Advisory subscribers, China is rapidly approaching ZERO growth. This is not less growth, but ZERO growth as in full-scale economic collapse from the days of 12% GDP growth per year.

Over 95% of “analysts” are missing this, but it is a fact. If you ignore the ridiculous GDP numbers (which even China’s Premiere has admitted are a joke in the past) and look at more accurate metrics, it’s clear China is collapsing at an alarming rate. Case in point, Electrical consumption rose by just 2.9% in the first quarter of this year.

How on earth can you generate GDP growth of 7% when you electrical consumption is rising by just 2.9% is beyond me. And when you consider that China is experiencing this weak growth despite having pumped over $1 trillion into its economy in the same quarter (an amount equal to 14% of China’s total GDP) you begin to understand the scale at which things are imploding in the People’s Republic.

Check out the chart for China’s stock market: we’re about to take out the post-2009 “recovery” trendline. And this is while China is pumping trillions in new credit into its economy!

This is a Black Swan that few are noticing. If you look around the mainstream financial media in the US, you see talk of Bernanke tapering, discussions of rising interest rates and even the occasional story about how Europe is not fixed. But you won’t find stories about China facing ZERO growth. There’s only one I’ve seen and it was published in the Telegraph, a British newspaper.

This is just the start. I warned Private Wealth Advisory subscribers in our most recent issue that higher rates were coming noting a collapse in bonds in Europe and the emerging market space.

This could easily become truly catastrophic. The world is in a massive debt bubble and the Central banks are now officially losing control. The stage is now set for a collapse that could make 2008 look like a joke.

If you are not preparing in advance for this, the time to get started is NOW.

I’ve been warning subscribers of my Private Wealth Advisory that we were heading for a dark period in the markets. I’ve outlined precisely how this will play out as well as which investments will profit from another bout of Deflation.

As I write this, all of them are SOARING. In fact we just locked in four straight gains of 8%, 12%, 21% and 28% in the last month ALONE. In fact we just closed two more winners yesterday.

Are you ready for another Collapse in the markets? Could your portfolio stomach another Crash? If not, take out a trial subscription to Private Wealth Advisory and start protecting your hard earned wealth today!

We produced 72 straight winning trades (and not a SINGLE LOSER) during the first round of the EU Crisis. We’re now preparing for more carnage in the markets… having just started another eight trade winning streak…

To join us…

Click Here Now!

Best Regards,

Graham Summers

 

 

 

 

 

At this point, the market is beyond overextended.

Last week was options expiration (Wall Street’s favorite time to shred options traders). And thanks to Ben Bernanke’s promise to keep the money printers running (“none of what we’ve said implies tighter policy any time soon”) traders shot for 1,700 on the S&P 500 last week.

What’s truly worrisome is that stocks are rallying higher and higher while economic fundamentals get worse and worse. GDP estimates for the second quarter have been reduced to 1% or even lower. Goldman Sachs has growth at 0.8%. Barclay’s sees 0.5%. And Morgan Stanley sees us hitting 0.3% growth.

These are truly horrible forecasts coming after the brutal downward revision for the first quarter (from 2.4% to 1.8%). And when you consider that growth is slowing like this while the Fed is running QE 3 and QE 4, then it becomes quite clear that the Fed is fast running out of out of evidence that QE accomplishes much of anything.

The signs of this are already showing up in corporate results. IBM, Intel, eBay, Google, Microsoft, Philip Morris, Blackberry have all missed revenue estimates.  Corporate profits can be manipulated in a variety of ways. Revenues on the other hand cannot be fudged. Either money comes in the door or it doesn’t. The fact that so many firms are missing revenues estimates does not bode well for the market.

And against this backdrop of slowing growth and weaker corporate returns, inflation is once again rearing its head. Crude oil just hit a 16-month high. Home prices are soaring across the US with year over year increases over 30% (the highest on record) in some metropolitan areas. Costs for food are up with beef rising 4%, steak rising 11%, and so on.

In short, the sheer number of negative factors facing stocks today is enormous. And in this environment of slowing growth and falling corporate results, stocks are at all time highs.

This will all end very badly.

This is not doom and gloom. This is a fact. The Fed has created an even bigger bubble than the 2007 one.

The time to prepare for this is not once the collapse begins, but NOW, while stocks are still rallying. Stocks take their time moving up, but when they crash it happens VERY quickly.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

 

 

The markets are running out of steam as there is no longer a Bernanke talk to look forward to (he won’t be at the Fed’s Jackson Hole meeting in August) and options expiration is ending.

Bernanke has a thing for options. For some reason, over the last five years, he had a tendency to expand the Fed’s balance sheet on weeks when options were expiring. He even did this on weeks when the Fed technically was not engaged in a QE program.

In simple terms, whenever it’s time for options to expire, a time when Wall Street wants to manipulate the markets so it can shred options traders, Bernanke will juice the markets EVEN if there is no formal Fed program in place.

So it’s a little hard to stomach that Bernanke just happened to say that QE would continue for some time the week before options expiration week… especially given that the Fed is so divided on QE with half of Fed members wanting QE completely stopped by the end of 2013.

Bottomline: the Chairman went rogue and did it at the precise time when stocks were in need of a major boost. This is not coincidence. And now that this is over we have to wonder what’s next.

Well among other things we see that IBM, Intel, eBay, Google, Microsoft, Blackberry have all missed revenue estimates. US GDP is turning sharply south again with the second quarter currently posting 1.2% growth.

Stocks are diverging from everything under the sun: earnings, US GDP, the Nikkei, the list goes on and on.

And we are clearly in a bubble. Arguably the biggest stock bubble for the S&P 500 in the last 30 years. Below is a weekly chart of the S&P 500 relative to its 200-week moving average.

Stocks may hit new highs, but this rally has all the hallmarks of a blow off top, coming at the final stage of a bubble. Indeed, stocks have not been this overextended in over 20 years… that includes the 2007 peak. Soon after we reached that point… we then plunged into one of the worst market Crashes of all time.

By today’s metrics, this would mean the S&P 500 falling to 1,300 then eventually plummeting to new lows.

This is not doom and gloom. This is a fact. The Fed has created an even bigger bubble than the 2007 one.

The time to prepare for this is not once the collapse begins, but NOW, while stocks are still rallying. Stocks take their time moving up, but when they crash it happens VERY quickly.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

 

 

 

 

 

 

Today marks the final day of Bernanke’s testimony to Congress.

Highlights from the first day of testimony and Q&A include:

    Q: Are You Printing Money?

    Bernanke: Not Literally

Amazingly, no one said anything after this comment. But far more importantly was the last statement made by the Fed Chairman,

“If we were to tighten (monetary) policy, the economy would tank.”

Tightening monetary policy means if interest rates rise. Interest rates are currently being held at ZERO and have been there four nearly five years. And Bernanke has just announced that if interest rates rise, at all, then the economy would tank.

Unfortunately for Ben, rates are already rising around the world. Rates on Portugal’s ten-year are over 7%. Rates on Greece’s ten-year are back over 10%. Japan, the country of zero interest rates has seen a spike in its rates since April. Even Treasuries are surging higher, despite the Fed buying $45 billion worth of them every month.

Bernanke has told us point blank what will happen if rates rise (economic collapse). But he’s not telling us the whole truth. The fact of the matter is that if rates rise now while the Fed is running QE 3 and QE 4 then it’s game over. The Fed will have officially lost control of the system and a wave of defaults will implode the markets.

This process has already begun. As I noted before we’re seeing rates spiking around the world.

Stocks may hit new highs, but this rally has all the hallmarks of a blow off top, coming at the final stage of a bubble. Indeed, stocks have not been this overextended in over 20 years… that includes the 2007 peak. Soon after we reached that point… we then plunged into one of the worst market Crashes of all time.

By today’s metrics, this would mean the S&P 500 falling to 1,300 then eventually plummeting to new lows.

This is not doom and gloom. This is a fact. The Fed has created an even bigger bubble than the 2007 one.

The time to prepare for this is not once the collapse begins, but NOW, while stocks are still rallying. Stocks take their time moving up, but when they crash it happens VERY quickly.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers

The winning streak for stocks broke yesterday, with stocks posting a small drop (just 0.3%). We had forecast a summer rally a few weeks back and sure enough stocks have put in a 10-day winning streak.

The important line to watch is lined out below. Bernanke’s verbal intervention managed to kick off a rally when he spoke after the market was closed on Wednesday. But if we drop back below this line again, there’s not a whole lot he can do, after all, he’s promised to maintain QE… which he already had in place.

The single biggest problem occurring today is that the economy is receding sharply while stocks continue to rally hard. The consumer is the economy in the US. And real average hourly wages adjusted for inflation today are still below June 2009 levels.

So, we have a jobless recovery (the unemployment ratio hasn’t budged) an income-less recovery (real hourly wages remain below June 2009 levels), and the yet somehow we have a “recovery” that will result in GDP taking off any day now?

Sounds a bit like 2007-2008 doesn’t it?

Stocks may hit new highs, but this rally has all the hallmarks of a blow off top, coming at the final stage of a bubble. Indeed, stocks have not been this overextended in over 20 years… that includes the 2007 peak. Soon after we reached that point… we then plunged into one of the worst market Crashes of all time.

By today’s metrics, this would mean the S&P 500 falling to 1,300 then eventually plummeting to new lows.

This is not doom and gloom. This is a fact. The Fed has created an even bigger bubble than the 2007 one.

The time to prepare for this is not once the collapse begins, but NOW, while stocks are still rallying. Stocks take their time moving up, but when they crash it happens VERY quickly.

With that in mind, I’ve already urged my Private Wealth Advisory clients to start prepping. We’ve opened six targeted trades to profit from the stock bubble bursting.

We’ve also taken care to prepare our finances and our loved ones for what’s coming, by following simple easy to follow steps concerning our savings, portfolios, and personal security via my Protect Your Family, Protect Your Savings & Protect Your Portfolio reports.

I’ve helped thousands of investors manage their risk and profit from market collapses. During the EU Crisis we locked in 72 straight winning trades and not one loser, including gains of 18%, 28% and more.

In fact, we’re currently on another winning streak having locked in nine winning trades in the last two months, including gains of 21% and 25%.

All for the small price of $299: the annual cost of a Private Wealth Advisory subscription.

To take action to prepare for what’s coming… and start taking steps to insure that when this bubble bursts you don’t lose your shirt.

Click Here Now!

Yours in Profits,

Graham Summers