Hal Turner – The Hal Turner Show Sept 9, 2022
Every once in awhile, there’s a chart that just blows your hair back.
In years of doing this, none stand out like this one.
Last week, institutional traders bought $8.1 billion worth of “put” options. They bought less than $1 billion in calls.
For what it’s worth, this is 3x more extreme than 2008; when everyone who mattered **knew** things were going to crash . . . and then did crash.
Is this signaling “the mother of all crashes?” Maybe. But if it happens, it will by a HYPER-INFLATIONARY CRASH through demand destruction.
The way prices are rising, and costs of production are increasing, people are being priced out of buying and companies are being priced out of operating. Everything might just . . . stop.
In related financial news, the average 30-year mortgage rate climbed to 5.89%, the highest level since . . . 2008 . . . . according to new data published Thursday by Freddie Mac.
Mortgage rates briefly declined for a period this summer even as the Federal Reserve raised the key interest rate to fight inflation. Markets have been closely watching the Fed’s moves since the interest rate hikes began in March.
“Rates are reacting to Federal Reserve Chair Jay Powell’s comments following last week’s jobs report in which he reiterated his unwavering focus on bringing inflation down to its 2% target level,” Lisa Sturtevant, the chief economist at Bright MLS, a real estate data firm, said in an email.
In remarks Thursday morning, Powell signaled the Fed intends to keep rates higher for longer.
Yawn, I’ve been saying this for years. 2008 never ended, they didn’t fix a thing, so none of this is a surprise to me. Rationing, and a war footing.
I’m a prepper, and I’ve been telling you to do this for years.
Sitting on a house while its value rises is not any kind of wealth creation. The real kind is busy Germans
If the west’s political system had been in parallel with its economic system and operating beside it instead of being wholly built upon it, and using their economy and financial systems as weapons, the elites might have been able to retain their dominance by repairing the damage their own policies have brought about. When their currencies fail and their financial institutions fail with them it will end the west as a political power. It will be the end of an epoch. The Fall of Rome.
Already the US is passing through the banana republic-military junta stage on its way to third world status. Britain was always going to join it, but now the Eu’s economic sanctions against Russia means the EU is coming too. The elite hope to maintain their power by introducing digital currency after killing millions of people with toxic jabs followed by starvation and winter freezing, but they’re unlikely to succeed. That won’t kill enough and they made too many police and soldiers redundant to maintain control after which they will flee. Hopefully the Fair World Order will hunt them down for trials.
Usually if puts are way more than calls then the market goes up.
Extreme bearishness leads to a bull market and vice versa.
There is a much better way to figure about where the market is and what it may do next: free site
https://danericselliottwaves.org/
These technicians say we have recently made a “Grand Supercycle Wave top”, which means the crash will be huge, and no one alive has ever lived through a GSCW crash.
Oct 1987 was a cycle wave crash, two orders of magnitude smaller.
The 1929 crash was a supercycle downwave, one order smaller.
So the upcoming one ought to be spectacular.
Satanic Jews and FreeMasons and members of the US Congress have plundered America, mostly from NYC and Wash DC. Professor Mark Skidmore and a team of graduate students, using the US govt’s own records, discovered that between 1998 and 2015, $21 TRILLION was missing. After this became public, the US Congress passed legislation (FASB56) that hid the US govt financial records. Remember Satanist Rumsfeld announcing the day before 911 that over $2 TRILLION of DOD funds could not be accounted for? The latest estimate that I am aware of from Dr Skidmore is that perhaps as much as $140 TRILLION could be missing. The collapse of America is near. The very notion that the USA is a democratic republic is a JOKE. Americans not already preparing for this crash will starve to death in the coming year.
Excellent. For only chaos (economic/societal meltdown/axis shift/comet hit etc) can create the conditions necessary for the overthrow of the anti-white Zionist-Communist-Christian State & elimination of the scum. This will provide the opportunity for a white fascist paramilitary gang to materialize (like from Pink Floyd’s film ‘The Wall’) & establish a new order, based upon the guidance & teachings of the Aryan Adepts from the A.A. (Army of Aiwass). And then my Disciples of the Watch, the world is ours.
“I will bring you to victory & joy” –Liber AL III:46
“on the low men trample” –Liber AL II:24
Jews would breed German slaves if keeping them caged were guaranteed, but as it is, you can’t risk having them go independent, since that time when (we have to pretend) they had power
They have been calling for an extreme crash since 2008.
The Covid crash was it. Be awhile for the next one. It’ll just be choppy. Down days then relief rallys, then down days.
Economic indicator reports come in this week. Shouldn’t be that bad.
Those who are hypnotised by a rising number completely took their eye off the ball, which is a question of people’s morality, health and energy