“The only other times that Bloomberg’s broad-based (i.e. not all OPEC’s fault) Commodity Index has fallen so far so fast was in 1999 (before stocks crashed) and 2008 (before stocks crashed). At 12-year lows, the raw material of the world’s economies is flashing a big fat red warning signal that all is not well (despite stocks being a ‘smidge’ off record highs). WTI [West Texas Intermediate Crude Oil] traded with a $45 handle… but apart from that, everything’s great…”
Full article HERE at ZeroHedge
The author is pointing out that when the capitalist business owners are fearful of the future economy, and they stop spending money to build, produce, and expand – prices of things like oil, steel, copper, aluminum, and other commodities fall first, before the investing public realizes the dominant mind-set is fear and caution and not irrational exuberance. Eventually, the reduced purchases of raw materials leads to reduced transportation, reduced manufacturing, and reduced profits, which eventually alert the public and lead to falling stock prices. So commodities collapses are a good predictor of stock collapses, and that is what commodities are predicting now, in time for Jonathan Cahn’s Harbinger model of a crash in September 2015 or my own conclusions that Bible prophecy points to a horrible economic crisis that the Antichrist will take advantage of by mid 2016.
Read – Antichrist 2016-2019
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