Editor's note: The article below is adapted from the transcript of the live presentation above, originally recorded at the 2014 Las Vegas Money Show. It features Elliott Wave International Chief Market Analyst Steve Hochberg. Hochberg is co-editor of The Elliott Wave Financial Forecast, one of EWI's flasgship market letters. Click here for a free excerpt from Hochberg's latest issue.
This chart is a picture of retail money market funds as a percentage of market capitalization.
In other words, when people are super bullish, they don't want to hold any money in money market funds. They want to invest it, right?
Because why hold money aside when you don't think the market's going down, when it can be in the market if you think it's going up?
When people are super bearish, what do they do? They take money out of the market, and they put it into money market funds hoping to wait out what they view as a declining market.
Now look at the upward spikes in this chart.
You can see that there was a high percentage of money in money market funds as a percentage of market cap back in 1982 as the market was bottoming and starting that great bull market.
Shortly after the 1987 crash, people got really scared; and again in 2002 after the market had been down 38%, and also in 2009 after the market declined 58%.
We are now at a new all-time low in the percentage of retail money market funds relative of market cap at just 2.8%. In other words, people are fully invested.
Investors are so optimistic about the future, they see no reason to keep money in money market funds in case the market goes down.
This is a classic warning sign that a reversal is ahead.
For a free excerpt from Steve Hochberg's latest, July Elliott Wave Financial Forecast, click here. For a limited-time, EWI is giving away free access to a big chunk from the latest issue, complete with specific forecasts, analysis and labeled charts.
One World Government - Biggest (Scariest) Story on the Planet!
By Delwyn Lounsbury - The Deflation Guru
Why the relevancy of an actual fascist New World Order/one world government dictatorship plot is important to your survival in the deflationary Greater Depression. An evil worldwide insidious totalitarian takeover scheme by a central banking power elite criminal cabal/cartel is ramping up to new levels of world hegemony. Why you need to join the internet reformation revolution and truth telling on the internet springing up to stop the authoritarian directed history takeover try tyranny and possible coming World War Three leading to a New Dark Ages feudalism. ON YOUR WATCH!
For over 300 years these 1,200 super wealthy families have been engineering history toward a collectivist conniving new world order of domination and death that should have George Orwell, author of the 1949 distopian book "1984" rolling over in his grave. This modern-day "BIG BROTHER" cabal and cartel has used huge tax-exempt foundations, corrupt politicians, multinational corporations, secretive think-tanks like the Council on Foreign Relations, the Trilateral Commission and the Bilderberg Group along with most of the world's bureaucrats.
The Anglo American financial power elite grifters are in cahoots with the intel/security/penitentiary/military industrial complex to subjugate the world's middle classes and take the last of your freedom. They plan to drive you into globalist facilities and institutions under the auspices of the United Nations, International Monetary Fund, World Bank etc. Do not trust the UN or any new world money scheme the Zionists might hatch. Trust only private gold backed money.
The elite are pushing for nefarious deep state subterfuge and continuity of government. It is a protocol for empire building, dominion over us, covert mind control, torture, poverty character assassination and even murder. This New World Order thrives on human poverty, environmental destruction, social apartheid, ethnic strife and the derogation and undermining the rights and lives of women. Soon if we allow the police state brutality and surveillance society to continue unattested you will be targeted if you dare to protest, travel inside America or get in their way. MARTIAL LAW IS ALREADY SET UP BY AN OBAMA EXECUTIVE ORDER!
The powers-that-be or Money Power secretly own and/or control the 150 central (sovereign) banks of the world and they own the Jewish mainstream press and Hebrew Hollywood. The problem is not the Jewish people, Israel or even Judaism. Our nemesis is an ungodly secret society that want to control the world in a leviathan government.
Since the central banksters can create money by printing it or lately by electronically selling debt instrument bonds and bills, the elite create fraudulent fiat monopoly money from thin air and get insanely wealthy in the process. They have already put in place a world government infrastructure under the auspices of the United Nations, the Bank for International Settlements and NATO etc.
These financial power elite trans-generational central banking families are engaged in a series of subversive moves which we call "Directed History" meant to bring you and I closer to their global governance goal. The elite as oligarchical overlords ostensibly want the chaos of war, strife, climate change hoaxes, pandemic disease scares, scarcity scares and the coming deflationary Greater Depression as smokescreens while they hoodwink us all into bigger and bigger one world government control. You have been punked
Is a totalitarian and authoritarian elite fascist socialist oligarchy coming? You Betcha - if we don’t stop them!
This is the biggest story in the whole world! Sadly, it is not being told since these "Big Brother" wannabe elite own the Jewish mainstream press along with Hebrew Hollywood. Join the internet reformation revolution of alternate media truth-tellers.
Beware the nefarious one world government subterfuge, scheme and plot by Anglo American financial power elite central bankers. They are in bed with the crony capitalists, crony leftists, the corrupt military-industrial complex along with crooked politicians and corrupted bureaucrats. Hurry and read our important related articles!
You need to learn about the one world government/new world order (aka, new underworld order) planned by the Anglo American financial power elite. These criminal elite banksters are a fascist, crooked and insidious corrupt bunch who create paper and electronic money out-of-thin-air. The one world government these elite want is a terrible terrifying Zionist takeover with you as their pawn, serf and slave.
"In times of international deceit telling the truth is a revolutionary act." By George Orwell - from his 1949 book "1984”
Also known as the ILLUMINATI, these elite stay under the radar screen secretly pushing the world toward globalism. They have become a corrupt mafia-like criminal cabal probably worth many - and I mean many - trillions of dollars. The Jewish ancestry Rothschild family based in the City of London may be worth $500 trillion.
These power elite have owned and controlled and the Federal Reserve Bank (and other sovereign banks)ever since they connived to bring it into existence back in 1913. The elite have been lending to both sides of warring nations since the Napoleonic era and getting mega rich in the process. The Money Power elite always steer toward bigger government and more pervasive rules and regulations. The more market manipulation and disruption chaos - the better. The evil evasive elite engineer world events on an "ORWELLIAN" path which suits their world domination goal of BIG BROTHER.
To these criminal megalomaniacs any subterfuge is OK - including the deaths of over 150 million people IN ALL THE WARS in the 20th Century. Why? Well, the elite have fostered all the wars as smokescreens for taking our freedom and to get rich loaning money at usurious rates to both sides of warring factors. How many more souls will die in the 21st Century at the elite’s hands in the their contrived inflation and now a deflation leading to the Greater Deflationary Depression and phony war in Iran leading to a possible phony World War Three?
This subversion of the world by Jews is really happening. On your watch!
The elite promote, steer and engineer the world toward chaos and turmoil using the "Hegelian dialectic" - a two solution mantra - in their wholly-owned press. The elite's scheme is to always foster in the end a solution that leads to bigger more invasive government or better yet anything which leads to bigger one world government. At the same time, morals, family, education and liberty are purposely degraded and eroded in their dastardly takeover plot. See: Agenda 21 Scheme if you don't believe me.
These fear-based and scarcity-based promotions also include bank and corporate bailouts, peak oil -peak water-peak food scares, pandemic disease scares, Muslim/Christian turmoil, phony Islamic turmoil, the phony war on terrorists (one cannot have a war on terrorism), inflation and now the Greater Deflationary Depression etc. They are all SMOKESCREENS aimed at getting the world's middle classes to relinquish their freedom, power and money (or the value of their money). Right, the elite Jews plan is to scare the pants off you and then abscond with your money and/or the value of your money and what's left of your freedom and liberty.
The 17 plus year deflationary depression we are currently experiencing may just put a nail in our coffin. You can expect a 90 percent drop in asset prices, a 61.8 percent drop in gold and a scary 50 percent unemployment by 2017.
This collectivist fascism may have a feudalistic NEW DARK AGES and world depopulation result if we don't act to forestall a real life annihilation of two thirds of the human race in their scheme for a Jew world order new world order (new underworld order) and one world government nightmare. Their ungodly end-game scheme is to reduce the world population to 500,000 (so stated by David Rockefeller) from its present seven billion inhabitants. This is apparently to save the earth's remaining natural resources for the greedy elite themselves.
Will you be their pawn, serf and slave or be culled as they plan phony Iran War, phony World War Three and the rest of the Greater Deflationary Depression? Your and your children’s freedom and liberty could be toast in a New Dark Ages of feudalism.
The dominate social theme is always directed by the elite toward a bigger mercantilist controlling crony capitalist club) government solution with more laws, regulations and tighter control. Be aware that money creation is always a price fix. In reality, gigantic government growth has always cost more, been inefficient and led to credit inflation manias which always crash in credit deflation.
So, here is the Zionist jew world order elite MO - modus operandi – Out of Chaos - Comes Order – a new world order - MARXIST TYRANNY OF THE HEGELIAN DIALECTIC!
Socialism and it's handmaiden Keynesianism foster the worst in mankind like envy, laziness, stupidity, waste, inflation and dependence.
Good character, honesty, courage, responsibility, self-discipline and self-reliance are the hallmarks of a free-market. A free-market society would respect property rights, contract law, human rights, hard work and its constitution. Not lately, as the world has a bunch of takers instead of makers as evidenced by the 2012 US Presidential election and shenanigans by Obama like the Obama Fast and Furious subterfuge.
Free market Austrian economists have been shunned for years by both our politicians and our dumbed-down education system. Austrian economics maintains that the overprinting of money leads to wild boom and bust swings with a credit inflation mania always leading to a catastrophic deflationary cure - a crushing credit deflation crash.
Socialism leading to bigger and bigger government does not end in a nirvana, utopia or a Shangri la. It ends in police state fascism with likes of the dreadful recently approved unconstitutional "Indefinite Detention Bill" - NDAA: Also know as the National Defense Authorization Act, it passed 12/20/2011 by an 86 to 13 vote in the US Senate. It allows American citizens to be thrown in FEMA prison camps with no charge, hearing, attorney even allowed or court trial for that matter. Habeas corpus and the 4th, 5th, 6th and 10th and amendments (The Bill of Rights) to the US Constitution are prostituted by the Indefinite Detention Act.
The police state tightening its grip worldwide means you and your children and your children's children being told what to do, what to think, where to live and where to work cradle to grave with no freedom or liberty forevermore.
300 FEMA prison camps have already been built! Why? This comes after passage of the Patriot Act back on October 26, 2001 by President George W. Bush in a perhaps a too hasty and harsh of a response to the 9/11 World Trade Center attack. The Patriot Act undermined your 1st, 4th, 5th, 6th, 8th, 9th, 10th and Fourteenth Amendments to the US Constitution! The warrant-less search act, the Patriot Act, was recently extended by the ZIONIST grifters in Congress to the year 2017, by the way.
Now we find the corrupt US Congress has approved (and President Obama has signed a law) funding 30,000 spy drone unmanned aircraft for use inside America's boundaries at the behest of the Department of Homeland Security. Bill, HR 658, the FAA Air Transportation Modernization and Safety Improvement Act authorizes the manufacture and deployment of the dreadful spy drones by 2015 at a cost of $63.4 Billion which may not include the cost of supporting and maintaining them after they are deployed. I thought we were cutting spending. Who are the financial power elite enabling - military industrial complex crony capitalists that are getting the spy drone construction contracts?
Then in May of 2012 elite puppet and mole President Obama dictatorially mandated the unconstitutional National Defense Resources Preparedness Act by executive order, which sets up MARTIAL LAW IN AMERICA (in peacetime or war). The government can now commandeer your business or farm and its production and also CONSCRIPT YOU and your adult age children to work for the state or join the military at no pay.
Barack Hussein Obama is usurping the American presidency and turning the USA into a dictatorship building and radical socialist communist Marxist fascist Nazi empire. He is an asset and agent for the Anglo American financial power elite central banking criminal cabal that creates fiat monopoly money to finance their end-game of one world government and total totalitarian control - of YOU!
Our only hope is the truth told by the "Internet Reformation Revolution." Just like the Gutenberg printing press spawned the Reformation and Renaissance 500 years ago by cheaply printing bibles and other books in the common mans language instead of Greek and Latin as the Catholic Church was wont to do back then.
In addition, the problem of central bankers getting rich on fiat money monopoly inflation will not be over until there is a privately run gold backed money. Only gold is not someone else's debt. Only gold is honest. Do not let government control the issuance of money ever again! They always inflate it to the moon! Beware of any one world currency scheme by the UN, World Bank, International Monetary Fund or Bank for International Settlements even if they say the money is backed by gold. The dynastic central banking families are "Big Brother."
This is not what our freedom favoring founding fathers had in mind when they drafted the United States Constitution. The elite tyranny is always hidden behind smokescreens meant to grind the world middle classes into submission and subservience. All meant to fool you and to catch you off guard - to make you give up and give in to global governance. Where do these crooked corrupt central bankers and elite originate from? Well, the City of London, Washington DC, Tel Aviv, the Vatican and other religious strongholds. Do not believe a thing their co-opted mainstream press says.
Shame on the elite and their enablers the military industrial complex and their crooked crony capitalists along with corrupt churches. Also, shame on the bigoted breeding grounds of the elite the Council on Foreign Relations, the Trilateral Commission and the Bilderberg Group.
How can they justify the one world government as being inevitable? That is a cop-out! How can they even go to church or pray when they know in their heart they are a member of an anti-Christ, anti-Mohammed, anti-Buddha, anti-Krishna and anti-human one world government plot? Bad karma will follow them forever. A pox on the Anglo American financial power elite!
I find the FOLLOWING observation of the eighteenth century English historian, Fraser-Tyler, most appropriate to the present:
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess from the public treasury. From that moment on the majority always vote for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy always followed by a dictatorship.”
The average age of the world's greatest civilizations has been 200 years. Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage.”
War is the nefarious and insidious Jewish Mafia elite's main dominant theme, plot, ploy, subterfuge, meme, scheme, design, calculating, deception, red herring, and false flag conniving in their push to take your freedom and liberty along with your money and the value of your money. You have been snookered, hoodwinked, hornswaggled and punked by the Zionist criminal cabal of central banking elite families.
Join the internet reformation revolution ASAP or you and your children and grand children, may become serfs and slaves. Read the alternate press! Help protect every part of the United States Constitution and Bill of Rights or else all is lost.
Even elitist and socialist President Franklin Roosevelt was in on the subterfuge and let Pear Harbor (December 7, 1941) and the death of 2,402 and the wounding of 1,182 Americans happen on purpose so as to bring the United States into World War Two. See: The Pearl Harbor Archive.
In a similar fashion, elite puppet Winston Churchill had let the sea liner Lusitania embark without a protective escort and be subsequently sunk by German submarines on May, 7, 1915 with 1.198 hundred lives lost including some 123 Americans just to get the U.S. into World War One. See: Must Read Book "The Creature from Jekyll Island" by G. Edward Griffin.
FIGHTING FASCISM FERVENTLY - FOREVER FAVORING FREEDOM FREE-MARKET FREE-ENTERPRISE FUTURE! MISSION: HELP SAVE THE WORLD!
By Delwyn Lounsbury - THE DEFLATION GURU - and Eagle Scout - trustworthy, truthful, honest and loyal.
Copyright 2013-2014 by Delwyn Lounsbury - THE DEFLATION GURU
Use of this article allowed with attribution back to:
Phone Number 925-575-1735
I see no bottom to the current downward trend. All bubbles are ready to burst and there is nothing the government or anyone else can do to stop it. Real unemployment is trending at close to 20% and special groups like blacks and students are twice that. Housing is doing the dead cat bounce and our political leaders are to busy lining their own pockets to care much what happens in the country. Our enemy's are licking their collective chops and are ready to carve up the rest of the world. Obama is off to Israel to stir the pot and we are on the brink of WWIII while he contemplates the nationalization of all retirement accounts. We follow the trend of history, from slavery, to revolution, to government, to anarchy to slavery.
This website contains the ideas and opinions of the author. It is a conceptual exploration of current events, history and governments plus financial and general economic principles. As with any financial discussion of the future, there cannot be any absolute certainty. What this website does not contain is specific investment, legal, tax or any other form of professional advice. If specific advice is needed, it should be sought from an appropriate professional. Any liability, responsibility or warranty for the results of the application of principles contained in the article, website, readings, videos, DVDs, books and related materials, either directly or indirectly, are expressly disclaimed by the author.
The Deflationary Greater Depression dead ahead! Hurry!
A major new economic trend is now solidly in place...it will fool nine out of every ten investors and affect everything you own. Hurry the crash is coming! Your time to prepare is running out!
Elliott Wave International began warning about the consequences of too much credit in the economy and the housing markets in the early 2000's. They kept subscribers well ahead of the housing market debacle that started in 2006 (and that still inflicts ruinous consequences both on those who purchased homes and on the U.S. economy). They continue to stay ahead of the economy and the financial markets. You can stay ahead, too, by starting a FREE Club Elliott Wave International (EWI) newsletter membership and FREE download "Deflation Guidebook" at:
Disclaimer: The contents of this article and website represent the opinions of Delwyn Lounsbury. Nothing contained herein is intended as investment advice or recommendations for specific investment decisions, and you should not rely on it as such. Delwyn Lounbury is not a registered investment adviser. Information and analysis above are derived from sources and using methods believed to be reliable, but Delwyn Lounsbury cannot accept responsibility for any trading losses you may incur as a result of your reliance on this analysis and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Individuals should consult with their broker and personal financial advisers before engaging in any trading activities. Do your own due diligence regarding personal investment decisions. This article and website may contain information that is confidential and protected by copyright law. The purpose of this article and website is intended to be used as an educational discussion of the issues involved. Delwyn Lounsbury is not a lawyer or a legal scholar. Information and analysis derived from the quoted sources are believed to be reliable and are offered in good faith. Only a highly trained and certified and registered legal professional should be regarded as an authority on the issues involved; and all those seeking such an authoritative opinion should do their own due diligence and seek out the advice of a legal professional. Lastly, Delwyn Lounsbury believes that The United States of America is the greatest country on Earth, but that it can yet become greater. This article and website is written to help educate people the world over. Lobby for and support gold as backing for money. Only gold is honest and not someone else’s debt. Support the internet reformation revolution and the truth being told by the alternate media about the dangers of large Leviathan government. Yes, those connected to a worldwide central banking scheme of getting rich on fiat monopoly money creation which debases paper money along with their cohorts who would circumvent and erode the USA Constitution and Bill of Rights and usurp your and my freedom and liberty in America and elsewhere on planet earth. These super-elite plan a socialist Hitler-like one world government dictatorship and use the nefarious smokescreens of war, chaos, and increased regulation etc to further their globalization plot. By Delwyn Lounsbury - The Deflation Guru