In July, 2015, we made our first-ever short-term, bold, call. We said the markets would begin to collapse by September.
By the last week of August, stock markets worldwide crashed and over $11 trillion was wiped from markets worldwide in the 3rd quarter of 2015.
We said that while the markets and the economy looked set to roll over, the reason we focused on September was due to the eerily predictive, and destructive, seven-year Shemitah cycle.
The US markets recovered somewhat in October and many people thought that was the end of it. Not us, though. We said that the bounce would not reach pre-August highs before averages would start declining again. Part of our insight had to do with learning that Shemitah was a unique situation in that it was the 7th Shemitah, which leads to a Jubilee, or Super Shemitah, year (which occurs every 49 years).
We warned all through the fall that the Shemitah trends we observed in 2015 would extend into 2016. We predicted 2016 was going to be a bloodbath in the markets… and already it has been.
Today, by midday, the Dow was down over 500 points, and it ended up down nearly 400 points, again. This is now the fourth time since the start of the year that the Dow had been down more than 300 points.
Since January 1, the Dow is down 1,437 points. The Standard & Poor’s 500, the index of America’s biggest companies, has also lost more than 8% in the past two weeks and the Nasdaq index of technology stocks is down 10.4%.
Just in the last two weeks alone, US markets have lost $1.77 trillion and global markets have lost $1.4 trillion for a total of $3.17 trillion. Zerohedge estimates that a total of $15 trillion has been lost in global stock markets in the past seven months.
And, just two days after Barack Obama declared that those who said the US economy was doing poorly were “peddling fiction”, Walmart announced that it is closing 269 stores, 115 of them in the US, and laying off over 10,000 employees.
The US recovery, which never really existed, is again being exposed for the charade it is. Economic data on Friday shows a drop in retail sales and declining industrial output. The Baltic Dry Index that measures shipping activity continues to make new lows nearly every day….
READ THE ENTIRE ARTICLE @ https://www.dollarvigilante.com/blog/2016/01/16/panic-dow-crashes-500-points-markets-crash-worldwide-super-shemitah-continues.html
FIND OUT MORE ABOUT THE SHEMITAH @ https://prophecyconnections.wordpress.com/category/8-the-mystery-of-the-shemitah/
Stay alert and keep watching …