Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
A Lesson About Gold – How Bullish Can It Be? - 24th Jan 20
Stock Market January 2018 Repeats in 2020 – Yikes! - 24th Jan 20
Gold Report from the Two Besieged Cities - 24th Jan 20
Stock Market Elliott Waves Trend Forecast 2020 - Video - 24th Jan 20
AMD Multi-cores vs INTEL Turbo Cores - Best Gaming CPUs 2020 - 3900x, 3950x, 9900K, or 9900KS - 24th Jan 20
Choosing the Best Garage Floor Containment Mats - 23rd Jan 20
Understanding the Benefits of Cannabis Tea - 23rd Jan 20
The Next Catalyst for Gold - 23rd Jan 20
5 Cyber-security considerations for 2020 - 23rd Jan 20
Car insurance: what the latest modifications could mean for your premiums - 23rd Jan 20
Junior Gold Mining Stocks Setting Up For Another Rally - 22nd Jan 20
Debt the Only 'Bubble' That Counts, Buy Gold and Silver! - 22nd Jan 20
AMAZON (AMZN) - Primary AI Tech Stock Investing 2020 and Beyond - Video - 21st Jan 20
What Do Fresh U.S. Economic Reports Imply for Gold? - 21st Jan 20
Corporate Earnings Setup Rally To Stock Market Peak - 21st Jan 20
Gold Price Trend Forecast 2020 - Part1 - 21st Jan 20
How to Write a Good Finance College Essay  - 21st Jan 20
Risks to Global Economy is Balanced: Stock Market upside limited short term - 20th Jan 20
How Digital Technology is Changing the Sports Betting Industry - 20th Jan 20
Is CEOs Reputation Management Essential? All You Must Know - 20th Jan 20
APPLE (AAPL) AI Tech Stocks Investing 2020 - 20th Jan 20
FOMO or FOPA or Au? - 20th Jan 20
Stock Market SP500 Kitchin Cycle Review - 20th Jan 20
Why Intel i7-4790k Devils Canyon CPU is STILL GOOD in 2020! - 20th Jan 20
Stock Market Final Thrust Review - 19th Jan 20
Gold Trade Usage & Price Effect - 19th Jan 20
Stock Market Trend Forecast 2020 - Trend Analysis - Video - 19th Jan 20
Stock Trade-of-the-Week: Dorchester Minerals (DMLP) - 19th Jan 20
INTEL (INTC) Stock Investing in AI Machine Intelligence Mega-trend 2020 and Beyond - 18th Jan 20
Gold Stocks Wavering - 18th Jan 20
Best Amazon iPhone Case Fits 6s, 7, 8 by Toovren Review - 18th Jan 20
1. GOOGLE (Alphabet) - Primary AI Tech Stock For Investing 2020 - 17th Jan 20
ERY Energy Bear Continues Basing Setup – Breakout Expected Near January 24th - 17th Jan 20
What Expiring Stock and Commodity Market Bubbles Look Like - 17th Jan 20
Platinum Breaks $1000 On Big Rally - What's Next Forecast - 17th Jan 20
Precious Metals Set to Keep Powering Ahead - 17th Jan 20
Stock Market and the US Presidential Election Cycle  - 16th Jan 20
Shifting Undercurrents In The US Stock Market - 16th Jan 20
America 2020 – YEAR OF LIVING DANGEROUSLY (PART TWO) - 16th Jan 20
Yes, China Is a Currency Manipulator – And the U.S. Banking System Is a Metals Manipulator - 16th Jan 20
MICROSOFT Stock Investing in AI Machine Intelligence Mega-trend 2020 and Beyond - 15th Jan 20
Silver Traders Big Trend Analysis – Part II - 15th Jan 20
Silver Short-Term Pullback Before Acceleration Higher - 15th Jan 20
Gold Overall Outlook Is 'Strongly Bullish' - 15th Jan 20
AMD is Killing Intel - Best CPU's For 2020! Ryzen 3900x, 3950x, 3960x Budget, to High End Systems - 15th Jan 20
The Importance Of Keeping Invoices Up To Date - 15th Jan 20
Stock Market Elliott Wave Analysis 2020 - 14th Jan 20
Walmart Has Made a Genius Move to Beat Amazon - 14th Jan 20
Deep State 2020 – A Year Of Living Dangerously! - 14th Jan 20
The End of College Is Near - 14th Jan 20
AI Stocks Investing 2020 to Profit from the Machine Intelligence Mega-trend - Video - 14th Jan 20
Stock Market Final Thrust - 14th Jan 20
British Pound GBP Trend Forecast Review - 13th Jan 20
Trumpism Stock Market and the crisis in American social equality - 13th Jan 20
Silver Investors Big Trend Analysis for – Part I - 13th Jan 20
Craig Hemke Gold & Silver 2020 Prediction, Slams Biased Gold Naysayers - 13th Jan 20

Market Oracle FREE Newsletter

Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

First Soros... Now Jim Rogers Predicts Trillion-Dollar 'Biblical' Market Crash

Stock-Markets / Financial Crash May 24, 2016 - 11:02 AM GMT

By: Jeff_Berwick

Stock-Markets

Last year, we were the first financial site to explain how the Shemitah seven-year cycle would have an important and disastrous effect on the markets. The Shemitah ended in the third quarter of last year and just as we predicted, it was the worst quarter in worldwide stock markets since the last Shemitah in 2008.

Since then we have been the leader in explaining further Shemitah trends embedded in the once-every-49-year, Jubilee Year.  The Jubilee Year ends on October 2nd of this year, and we expect even worse events to occur as October approaches.


Now, famous investor, Jim Rogers, has just released a new warning saying the same. He is even using biblical references to warn of a financial tsunami that could take place either this year or next.  He has just said, “A $68 trillion ‘Biblical’ collapse is poised to wipe out millions of Americans.”

Rogers co-founded the Quantum Fund with George Soros in the early 1970s. The fund generated returns of 4,200 percent over 10 years and made fortunes for both men.  Soros and Rogers, having worked together for so long, probably both have access to information the regular person doesn’t. Soros recently was in the news for shorting the stock market and making gold his largest held asset and predicting an impending crisis.

Now, just this week, Jim Rogers has said the same and was quite outspoken about how it was written in the Bible.  He referred to a biblical quote from the Book of Joshua: “You are under a curse now. You will always be servants. You will be woodcutters and water carriers for the house of my God.”

The amount of people predicting an imminent collapse is getting larger and larger!  Especially considering that it was less than a year ago that we were almost alone in talking about it.  Carl Icahn, Stanley Druckenmiller and Soros himself, to name a few have now come to similar conclusions. Each of these individuals has placed significant funds in gold and gold-related securities. Soros has gone so far as to actively short the stock market. Their messages are similar to Rogers who sees economic turmoil descending that will  actually bankrupt whole nations.

Rogers believes the situation is much worse than 2008, when major economies had dollar resources in reserve. Those countries like China and Japan have spent down much of their reserves. Thus, it won’t just be the US or Europe that suffers from the next wave of market insolvency: This time the entire world is going to be relatively helpless. There are not going to be patches of prosperity as in 2008.

He predicts that the UK will “collapse” while countries like Italy will face bankruptcy. He has pointed out that stock market breadth began to contract in the middle of 2014 and hasn’t ceased.  This calls for the only remedy that Wall Street knows: additional money printing.

But right now the Fed is trying to move in the opposite direction, toward tightening. What central bank officials see as “recovery,” however, is merely the result of artificial money printing and debt expansion. The looming disaster that is about to hit is imminent because in the US “recoveries” don’t last more than seven years at the outside.

Rogers’ perception that the upcoming catastrophe has a historical/Biblical element reminds us of statements by a top executive for the International Bank for Settleme1nts, William White. We quoted him HERE, as follows:

“The only question is whether we are able to look reality in the eye and face what is coming in an orderly fashion, or whether it will be disorderly.Debt jubilees have been going on for 5,000 years, as far back as the Sumerians. The next task awaiting the global authorities is how to manage debt write-offs – and therefore a massive reordering of winners and losers in society – without setting off a political storm …”

Rogers has stated that $68 trillion could be wiped off the Earth and we would tend to agree. This is the End Of The Monetary System As We Know It (TEOTMSAWKI). It will result in life as we know it changing forever.

And, it’s all been planned.  If you haven’t seen our video exposing the elite Jubilee strategy  to completely reorder the world, perhaps as soon as this coming October you should see it immediately.  You can see it HERE.

There is probably not much more time to prepare. Given what is now being predicted by billionaires and investment gurus alike, if you aren’t ready now it may soon be too late.

We’ve already made massive gains for subscribers by seeing things ahead of the crowd. We’ll likely make even bigger ones in the future. That’s important because we’re going to need all the resources we can get when things get really bad. Surviving a biblical collapse is not going to be easy for anyone.  There is no road map for something like this.

But, we’ve been ahead of the curve in figuring out what is coming. We’ve been ahead of the curve in coming up with innovative ideas, information and solutions to help you protect yourself and your family.  You can get access to all our resources, information and advice by subscribing to The Dollar Vigilante newsletter (click here for more).

I’ve been called crazy more than anyone I’ve ever known, or even heard about.

I was called crazy for saying the internet would revolutionize the world in 1993, before most even knew what it was.  I was called crazy for quitting my job at a bank to start an internet company in 1994 that rose to a high of $240 million.  I was called crazy for saying the US housing market would collapse in 2005.  I was called crazy for starting The Dollar Vigilante in 2010 predicting a US dollar and worldwide fiat currency collapse within a decade (now the fastest growing financial newsletter in the world).  I was called crazy for saying bitcoin would change how money operates when it was $3 in 2011 (currently at $450).

I was called crazy last summer when I said we are incredibly close to outright collapse of a scope never before seen.

Now, George Soros, Jim Rogers, Stanley Druckenmiller, Carl Icahn and the BIS’ William White are just as crazy as me.

Or maybe we aren’t crazy at all.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2016 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules