The Perfect Storm – Part 2

This blog posting is going to be short and sweet. A perfect storm is brewing and by this fall the entire US financial system, in my opinion, will crash and burn.

Reasons:

A second wave in the mortgage crisis is about to hit

CEO’s and Executives of large US corporations are selling off their own corporate shares at a pace not seen for the previous 2 years. When there is a big increase in insider trading it shows lost confidence in their companies and a pending crash.

Incidentally 2 years ago was when credit started to tighten as the prelude to the crash in the fall of 2008. It will not take two years this time as everyone has their radar tuned into to this.

The swine flu will be back. Don’t kid yourself, healthy people are getting sick and dying from this. It has eerie similarities to the flu pandemic of 1918.

I am in the process of cashing in every investment that I have and am purchasing gold and silver. A calamity is about to befall us and you had better prepare yourself. I would also consider buying a solar oven, solar generator, and vegetable seeds. Perhaps a gun and some ammo are in order too. You may have to hunt for your meat if you can not get it at a grocery store.

Let’s hope that I am wrong…but my trend forecast looks bang on!

Technorati Tags: mortgage crisis, insider trading, swine flu, buy gold, buy silver, total economic collapse, trends

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