Next Market Crash Looms as Yellen Promises to ‘Stay the Course’

Yesterday morning, new Fed Chairwoman Janet Yellen delivered her first prepared remarks as Fed Chief before the House Financial Services Committee. You can read the entire testimony here, but here are just a few quick takeaways.

 
WHAT JERRY THINKS: So, Ms. Yellen is “moderately” optimistic about the state of the U.S. economy, but believes we are not out of the woods yet. This is the same line that the Fed has been feeding us since this economic disaster first began unfold several years back. Yellen is a “dove” and will not hesitate to ratchet up the printing presses at a moment’s notice if she feels this “recovery” is in danger of being exposed for the fraud that it is. Both the U.S. and the global economies are in a perilous state. Debt levels remain at unsustainable highs while margin debt on the U.S. stock market is sitting at an all-time high. The U.S. labor market is in dire shape as clearly seen in the last two dismal jobs reports. We all know that the Fed can continue to prop up the markets… but for how long? The next market crash is looming. Check out this chart comparing current U.S. stock market behavior with the lead-up to the Crash of 1929.

We are in very dangerous territory at current levels. All of our own market analysis is telling a grim story. No dates, no predictions, just a gentle reminder: Despite the hype being pumped out by the Fed, investors should be proceeding with extreme caution because the worst is still yet to come.

Inside this Issue

“Profiting From the Coming Paper Money Collapse”

House Votes to Suspend Debt Limit Until March 2015

Just 28 Republicans including House Speaker John Boehner voted for it, and two Democrats voted against it.

China Exports Jump 10.6% in January, Tops Forecasts

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[VIDEO] Jim Grant: “Gold Is Nature’s Bitcoin”

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Dean Foods Warns Milk Prices are Headed Even Higher

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U.S. Financial Markets Real-time Gold and Silver Prices

Precious Metals Market Update with Tom Cloud

Read/Print the Audio Transcript

View Our Precious Metals Investing Resources Here >>

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“World News Headlines That We Are Tracking”

China and Taiwan Hold First Direct Talks Since 1949

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Approaching Iranian Warships Raise EMP Threat

Experts: U.S. ‘defenseless’ against high-altitude explosion.

Thousands flock to ‘weeping’ Mary statue in Israel

Nearly 2,000 people have flocked to a small town in northern Israel to view a statue of the Virgin Mary that residents say “weeps” oil.

The Next Step: 3D Printing the Human Body

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Sophisticated But Low-Tech Power Grid Attack in California Baffles Authorities

Authorities don’t have a motive or suspects in the attack on a PG&E power substation in Silicon Valley last year, but ominous theories abound.

Panicked Shoppers Fight Over Food Amid ‘Snowpocalypse’

Empty shelves in Atlanta merely foreshadow future mass panic in America.

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“Archiving the Rise of Big Brother, the Erosion of Personal Liberty, and the Fall of the Republic”

Homeland Security to Purchase 141,000 Rounds of Sniper Ammo

‘Zombie Hunter’ bullets designed for deadly long range capability.

BBC: Why I Want a Microchip Implant

With a chip under your skin, you can do everything from unlocking doors to starting motorbikes, says Frank Swain, who has been trying to get his own implant.

Fingerprint and Eye-Scanning Drones to Make Deliveries in UAE

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[VIDEO] Congressman Gets Furious When The Deputy Director Of Drug Policy Can’t Give A Straight Answer

Rep. Earl Blumenauer grows frustrated with witnesses’ “inability to answer” direct questions about the real health risks of pot.

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“Daily Investment Trends for the Savvy Investor”

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View the Daily Chart Archive >>

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“A Daily Stock Trading Idea for Short-Term Traders”
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“A Daily Dose of Financial Wisdom from God’s Word”

“On the first day of every week each one of you is to put aside and save, as he may prosper, so that no collections be made when I come.”
1 Corinthians 16:2

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