Global Debt A Shocking $280 Trillion, $200 Oil & Total Collapse

from King World News

Today a 42-year market veteran warned King World News about global debt hitting a staggering $280 trillion, oil soaring to $200, and total collapse. Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this extraordinary interview.
Greyerz: “Eric, I am focused on the key indicators that will determine what will happen in the world in the next few years. What is frightening is that there are so many risk factors where each one can singularly change the fate of the world….
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We Are Headed for a Crisis of Biblical Proportions – IMF Christine Lagarde’s Warning: Official 2014 IMF Forecast Based on ‘Magic Number Seven’ – Steve Quayle with Greg Hunter

by Greg Hunter
USA Watchdog

 
Radio talk show veteran and 10 time published author, Steve Quayle, says dark powers are at work in the financial markets at the highest levels of global government. Quayle contends, “First of all, the illuminati and the occult are one in the same with hidden meanings to the general population, but announcements to people on the inside.” At the beginning of 2014, the head of the International Monetary Fund (IMF), Christine Lagarde, gave a primer on numerology to an audience at the National Press Club in Washington, D.C. She did it as a set up to an official IMF forecast for “what we should expect for 2014.” Why is this important now? The IMF forecast was based on what Lagarde called the “magic 7,” and July is the seventh month of the year. Lagarde is overtly using numerology to forecast big changes this year and this month. For example, Lagarde pointed out that 2014 will “mark the 7th anniversary of the financial market jitters” that started in 2007. If you individually add up the numbers of the year 2014 (2+0+1+4=7), you get the number 7. Lagarde also said that 2014 “will mark the 70th anniversary, 70th anniversary, drop the zero, seven, of the Bretton Woods Conference that actually gave birth to the IMF” (7 + 0 = 7). Lagarde also said, “And it will be the 25th anniversary of the fall of the Berlin Wall, 25th” (2 + 5 = 7). Lagarde also brings up the G-20 out of nowhere. Is that a reference to a date? (G is the 7the letter of the alphabet and this might be a reference to 7/20/2014.) Quayle explains, “People have to understand the number 7 to realize why this is critical. The number 7 is used 287 times; it’s used in the Old and New Testament. What is critical about this is these people rule their lives by the stars and numerology. Never in anything have I monitored in my 25 years being on talk radio that I have witnessed such a blatant presentation of the number 7. When she says it’s ‘quite a number,’ yes, it’s God’s number, but these people worship their god and their god is Lucifer.”
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Mickey Fulp’s Major Market Review for June 2014

from Financial Survival Network
Here is Mickey Fulp’s Monthly Major Market Review for June 2014:
Everything was up for the month except:

• the dollar
• the 10 year
• Henry Hub
• Bitcoin

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Energy Select Sector SPDR ETF (NYSE: XLE) Is it a Good Idea to Buy Energy Here? The Charts Say...

Many traders know the old saw "overbought can become more overbought." Strongly trending markets may look ready to crack on paper but keep going longer than anyone expects. The other side of that coin is that steep rallies can have equally steep corrections, and they, too, can last longer than anyone expects.
Right now, the energy sector seems to be at a crossroads between these two possibilities. After a sharp run up this year, the Energy Select Sector SPDR ETF (NYSE: XLE) became very extended to the upside by numerous metrics.  (more)

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GM: Forget the News; the Chart is Telling Us to Buy This Troubled Stock

General Motors (NYSE: GM) continues to reel from its seemingly constant string of recalls. On Monday, the company announced its latest -- six new recalls affecting about 7.6 million vehicles.
Yet, the stock has reached an interesting inflection point on the charts, which now offers traders a good long-side setup.
In recent months, the news has focused on the company's failure to detect a faulty ignition switch, which resulted in fatalities and the company recalling millions of vehicles. From an investing standpoint, however, traders need to separate reality from perception. Getting hung up on the headlines could cause you to miss out on profits.  (more)

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