Oil Is a Warning of What's to Come

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Published : December 10th, 2014
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( 2 votes, 4.5/5 ) , 1 commentary
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Category : Crisis Watch

Weeks ago, we first warned that the collapse in Oil was a BIG sign of trouble brewing in the financial system.

Indeed, in the larger picture, Oil just called “BS” on the whole claim that any economic growth or recovery post-2009 was legitimate. For five years, Oil prices remained elevated, suggesting that there was some kind of economic recovery underway… that there was growth, however anemic.

We now know that this was total nonsense. Oil has lost 40%+ of its price in less than four months. This is a CLEAR SIGNAL that the 2009-2014 asset price bubble is bursting.

Other asset classes are preparing to follow suit. Commodities across the board are collapsing to the downside…


 

Copper is closely aligned with the global economy. It just broke out of a massive 5-year pattern to the downside. I expect we’ll see this collapse accelerate in the coming weeks… just like Oil.

What does this all mean? What we’ve been saying for years now… that the entire “recovery” story was total BS and that the Fed has made things worse than before. As always, stocks are the last to “get it.” But we wouldn’t be surprised to see a crash in stocks in the coming months.

If you’ve yet to take action to prepare for the second round of the financial crisis, we offer a FREE investment report Financial Crisis "Round Two" Survival Guide that outlines easy, simple to follow strategies you can use to not only protect your portfolio from a market downturn, but actually produce profits.

You can pick up a FREE copy at:

http://www.phoenixcapitalmarketing.com/roundtwo.html

 

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Amen to that brothers and sisters fidos and fluffies.
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Amen to that brothers and sisters fidos and fluffies. Read more
sneezy67 - 12/10/2014 at 2:58 PM GMT
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