Financial Armageddon to Freedom, EP05: Rising Stock Markets Do NOT Mark Economic Recovery

July 27th, 2010

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.

Entry Filed under: Financial Crisis, Dollar Crisis, & Recession Proof