the S&P 500 is sitting a full 30% above its 200-weekly moving average
Are You Prepared For the Coming Epic Market Meltdown
Ben Bernanke has created the mother of all bubbles.
Today, the S&P 500 is sitting a full 30% above its 200-weekly moving average. We have NEVER been this overextended above this line at any point in the last 20 years.
Indeed, if you compare where the S&P 500 is relative to this line, we’re even MORE overbought that we were going into the 2007 peak at the top of the housing bubble.
We all know how bubbles end: BADLY.
This time will be no different. The last time a major bubble of these proportions burst, we fell to break through this line in a matter of weeks.
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.
Ed Note: Though this all sounds like terribly bad news, if you read Rick Rule’s article posted on Money Talks today you’ll find out that he and Eric Sprott made their fortunes from Bear Markets. With that in mind, I enclose the rest of Graham’s article below:
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 targetted 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 gaiins of 21% and 25%.
All for the 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.
Yours in Profits,
Graham Summers
