Market Crash Coming In June?

 

In a post I wrote on March 18 titled Main Stream Media vs The Blogosphere – What’s the Economy Really Doing? I wrote that one of the things I like to do when reading the main stream media vs the doom and gloomers is to try to stick to the middle of the road when trying to figure out what’s going on.

The other day I was looking at one of the posts on MD Creekmore’s site (here) that featured a video by a guy from CollapseNet predicting market chaos starting in June or July.  I watched the video and the guy makes a pretty good case for trouble starting around that time; however, just because someone is calling for the end of the financial world doesn’t mean I’m going to quit my job and look for land in Northern Idaho.

But later on I was reading a story (another vid) which featured a video from the Business Insider (which I consider main stream media) where they’re interviewing a guy named John Taylor who has an impressive set of credentials and he’s predicting financial troubles starting in… you guessed it – June or July of this year.   What’s interesting in this vid is that the newscaster at one point says something like, “Man, I’m going to go and get a bunch of canned goods,” because Taylor was so bearish on the market.

I try to take a middle of the road approach to things because historically that seems to be what’s happened.  Not that I don’t take my prepping seriously mind you, I do.  Hell, I write for a survivalist blog, so you should all know that I’m pretty serious about it, but my message is more about avoiding panic and making hasty decisions that could cause you more trouble than we’re already in.

Anyway, back to the story.  It’s not often when you get predictions from both sides of the street predicting something similar is going to happen on the same date.  That’s when I sit up and take notice, so I’ll be paying close attention to the markets over the next few months.

Personally, I don’t think that it will be a total world collapse like Ruppert calls for in the first video.  I think it’s likely things could get ugly for awhile and I still think it’s a smart idea to have your preps in place, but I can’t figure out how the system could totally collapse.  Could I be wrong?  Hell yeah I could be wrong!  Wouldn’t be the first time either, but like everybody I hope for the best and plan for the worst.

In my earlier post I said it feels like things are speeding up right now  and my feeling about that hasn’t changed much.  It just seems like there are too many separate events going on right now without them all having some relation to one another or a cause and effect ripple thoughout the worlds markets.  It’s hard to get a grip because everything seems to have suddenly picked up some velocity.

I want to make one thing very clear… I am not calling for a market crash in June or July.  It’s just that I’ve heard these months mentioned several times in various contexts, so I thought it might make sense to pay attention during those times just in case.  It seems doubtful we can sustain our current economy, but predicting when and if a crash is going to occur is not something I feel confident doing.  The US and global economy have been very successful at kicking the can down the road and I can’t help but wonder how long they can continue to do so.

If you have any ideas about the economy, inflation, the market, UFO’s, whatever, post them below so others can see and comment as well.  (Just kidding about the UFOs.) 

-Jarhead Survivor

BTW:  I went to the hardware store yesterday and now have all the things necessary for my Square Foot Garden together now.  Hopefully I’ll have it together this week and ready to go.  I’ll do an update later about how much it’s cost me so far and how it’s doing.  Have you done anything for your garden yet?