On the eve of total wealth destruction the rats are trying to hide their wealth!

Greetings,

The fix is in and the crashing is in motion. Those in the know recognize that collapse is eminent. America the great will soon be no more. She will be unrecognizable.

When what is gripping her fully sets in on her, she will be less than a shell of herself. It will be devastating to the so-called city which sitteth upon the hill. All of her wealth and fortune are soon to be a past thing.

The so-called negro needs to know the time and what must be done in this time…”It is vital…the Black slave must know that this is the time of the judgment of both the white slave-holder and the Black slave. The Black slave must learn to know his place in the judgment. The place of the Black slave is with Allah (God) and his own Black people. The Black slave had been deprived of knowledge of his God and his own Black people.

Allah (God) has come and brought the Black slave the truth. If the Black slave refuses to accept the truth, he will be destroyed for willingly and knowingly rejecting the truth when the truth has come in his midst.

   Calamity! calamity in the country of America. No secret can remain hidden, for the chastisement of Allah (God) will not let you hide it.

   As one writer prophesied in the Bible (Is. 18:1), “Woe to the land shadowing with wings…”–pg.223(tfoa)

Judgment has come to you America and your rich shall be made poor. They will not be able to hide or transfer their wealth. Why? Because this is the day of total wealth destruction. This is true and ….”The white man of America is not blind and ignorant. He has known these prophecies of his doom for a long time before we knew it, for the white man translated the Bible and he knows what he put in his translation of that which was written in the Bible.”–pg.149(tfoa)

 You, Mr. rich man, can run but you will not be able to hide your wealth in the least….

 

US stock market-to-GDP ratio favored by Warren Buffett points to imminent 50% crash

 

Whenever the Sage of Omaha is pushed on how he judges whether the US stock market is trading too high or too low he refers to the ratio between the value of US stocks and GDP as a reliable guage of where the market stands.

Analyst Doug Short has a version of the ‘Warren Buffett Indicator’ which uses the value of the Wilshire 5,000, a very broad index. It shows that stocks are more expensive than they were before the 2008 crash and almost as expensive as they were before the dot-com crash in 2000.

50% crash

Warren Buffett is not exactly shouting it from the roof tops but his favorite indicator is pointing to an imminent 50 per cent crash in US stocks. The main indexes are all far too high. You don’t need to be a genius like Warren Buffett to see it.

Just consider the 30 per cent advance in the S&P 500 Index last year and the gain of around one tenth of that in US GDP. The overlay of 1928-9 on the current chart of the Dow Jones is compelling:

Again we appear to be on the precipice of a huge drop in the stock market, with a massive downside. Yet that would only wipe out the gains of the past two years. Given that they appear abnormal in the context of lack lustre US economic growth would this really be so remarkable?

Price spike

Besides we know from long experience of charts in financial markets that the price spike we saw last year is entirely consistent with a market top. The sharp New Year sell-off followed by a brief but unconvincing dead-cat bounce back to the old high is also a classic market topping formation after a long rally.

Where’s the change in economic circumstances since January to justify this turnaround? There is none. Indeed there has been a lot of bad weather that will worsen the data for Q1.

Data today showed manufacturing in New York, northern New Jersey and southern Connecticut slowed this month. The Federal Reserve Bank of New York’s general economic index fell to 4.48 in February from 12.5 in January. Economists in a Bloomberg News survey predicted the index would decline to 8.5.

And who’s the only major investor still sat on a huge pile of cash? Why good old Warren Buffett of course who will be on hand to buy bargains when this crash happens…

Source: www.arabianmoney.net

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