Are High Stocks a Sign of a Coming Market Crash?

By Douglas V. Gibbs

Corporate deals and artificial manipulation of the Stock Market has created a boom for the Wall Street bankers.  While claiming he was against them, Obama has been doing what he can to make sure they are making bundles of cash.  The Stock Market is reaching record breaking highs, and for some, that is a little too good to be true, and reminds some folks of past crashes.

Some have placed recent Stock Market activity against a chart showing the activity preceding the 1929 Stock Market Crash and say the similarities are striking.  They may be, but no cycle follows specific patterns, and the cry that this is the exact same thing happening again is not exactly an exact science - nor are the percentages truly as similar as one might think on the surface.

That said, the reality of it all is that the market is being artificially supported by bond buying with fiat money, and borrowing that is all but sustainable.  The reality is, the whole thing is going to come tumbling down.  The only question is, "When?"

How the economic government manipulators are getting away with all of this is the printing of fiat money.  That, however, cannot go on forever, and the end of the line may be closer than some believe.  With China and Russia doing what they can to relieve the United States of the honor of printing the world's reserve currency, we are in position to do what Britain did when it ceased to be the reserve currency.

Crash.

To hide the warning signs the market is rising quickly, folks are making money, and more and more worthless paper is being thrown on the fire, just like during the Roaring 20s.

What goes up must come down, and the higher it gets, the farther it has to fall.

Predictions?  Nope.  I've got none.  It all depends on how long the imaginary bankers artificially hold up the imaginary economy.  Once they lose control, and reality strikes, we will fall hard, fast, and bloody.

Welcome to America, the latest Third World Nation in training - unless we become a producer again, a manufacturer again, and then that might only cushion the blow. . . just a little.

-- Political Pistachio Conservative News and Commentary

After Crossing 2,000, Record High Close for S&P 500 - CNBC

Stunning Chart: Today's Stock Market is Eerily Reminiscent of 1929 - SHTF Plan

1929 Stock Market Crash Chart is Garbage - Business Insider

U.S. Stocks End Lower - Wall Street Journal