first majestic silver

More QE Will Not Save Stocks This Time

October 21, 2015

The markets have surged in the last week based on hype and hope of more QE from Central Banks. This view is overlook the fact that EVERY collapse follows a pattern:

  1. The initial drop
  2. The bounce to "kiss" former support
  3. The real implosion.

Abroad, the damage has been even worse with China, Brazil, and the Emerging Market complex as a whole imploding.

China’s stock bubble has burst.

Brazil has taken out its bull market trendline.

As have the Emerging Markets as a whole.

The hype and hope of more QE misses the point...

The bull market of the last six years is over.

We will get bounces, like the one that has occurred in the last two weeks. But the trend is now down.

Already investors have begun to realize that Central Banks have lost control of the markets. This is why they erased months' worth of gains in four days’ time.

Indeed, at this point, it looks as though the END GAME has begun, ushering in a crisis that will make 2008 look like a joke.

Smart investors are preparing now, BEFORE it hits.

********

Phoenix Capital Research

 Our FREE daily e-letter: www.gainspainscapital.com

Graham Summers is Chief Market Strategist for Phoenix Capital Research, an independent investment research firm based in the Washington DC-metro area with clients in 56 countries around the world.

Graham’s clients include over 20,000 retail investors as well as strategists at some of the largest financial institutions in the world (Morgan Stanley, Merrill Lynch, Royal Bank of Scotland, UBS, and Raymond James to name a few). His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Glenn Beck Show and more.


A sheet of gold can be made thin enough to be transparent
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook