Ever since the roaring stock markets of the 1920′s in the US preceded the great stock market crash and the ushering in of the Great Depression, it has been apparent that rising stock markets have never been indicators that “all is well” in economyland. Yet the Alices out there still always want to believe the fantasy land proclamations of economic health by the leaders of the EU and the Americas that economic recovery is on the way. Today, rising stock markets in the EU and the US are undoubtedly and unfortunately nothing more than evidence of the vast extent to which stock markets are manipulated by bankers and politicians today. And the current reinflation of stock market bubbles in the EU and the US only mean that the structural integrity of the stock markets have been greatly impaired by such excessive meddling with free market forces and the consequent creation of vastly distorted stock prices.
When this current stock market rally in the US and the EU fall apart and they are very close right now to reaching the apex of this fake rally, I expect the downside of this fall to exceed the fall of the markets that I predicted in April, 2008 given the enormous energy and exhaustion of buyers that has been required of these current manufactured rallies.
About the author: JS Kim is the Chief Investment Strategist and Managing Director of SmartKnowledgeU, LLC, a fiercely independent wealth consultancy company that guides investors in the best ways to invest in gold and silver through the progression of this global financial crisis. The above article may be reprinted on other sites provided all text and links are kept intact, including the above author acknowledgment.
It is absolutely essential to own physical gold and physical silver if you want to have any chance of surviving the next decade without being financially devastated. Physical gold and physical silver, while often viewed as “investments” and through the lens of banker propaganda, as “risky investments”, are quite simply the soundest forms of money on earth today.
In the third video in the SmartKnowledgeU Financial Armageddon to Freedom educational series, I discuss the asset bubbles that exist in China, Australia, New Zealand and Thailand despite false reassurances from politicians and bankers that we are now in “global economic recovery.”
Above is the very first video in a brand new educational series that will address a multitude of topics relevant to the second phase of the global monetary crisis called “Financial Armageddon to Freedom”. This series will be a very casual way for me to express my thoughts about this crisis and all videos will be unscripted, approximately five minutes in length, and address sophisticated topics in a very simple manner (due to the time constraints I’m placing on each video). I will try to produce one video per week. I hope that my “Financial Armageddon to Freedom” video series will provide ample utility to help people of all ages successfully weather the second phase of this monetary crisis. I won’t post every video here; however you will be able to find them on my youtube channel “smartknowledgeu” if you are interested.
Here’s the one question your broker never wants to hear:
“Explain to me how the stock market is not rigged if only 20 stocks account for almost 30% of all daily trading volume, if only 99 stocks account for more than 50% of all daily trading volume and if the bottom 12,112 stocks account for less than 0.05% of daily trading volume?”
Though these were the statistics for the US New York Stock Exchange during the month of June, similar shenanigans were used to rig other major global stock market indexes higher during the global stock market rallies that occurred during the first half of 2010. In 2007, an analysis of the world’s stock markets revealed that only a handful of financial firms controlled the bulk of trading volume every day on the world’s leading stock exchanges, with the most concentrated power being exhibited in the US, the UK and Australia. Read more …
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J.S. Kim is the Founder & Managing Director of SmartKnowledgeU™, LLC. He attended the University of Pennsylvania, and received a double master in Business Administration and Public Policy from the University of Texas at Austin. Read more...
