80% Stock Market Crash to Strike in 2016, Economists Warn
Several noted economists and distinguished investors are warning of a stock market crash.
Société Générale investment strategist Albert Edwards is sounding the alarm that we could witness the largest stock market crash in decades … as much as a 75% plunge in 2016.
And the prophetic economist Andrew Smithers warns, “U.S. stocks are now about 80% overvalued.”
Smithers backs up his prediction using a ratio which proves that the only times in history stocks were this risky was 1929 and 1999. And we all know what happened next. Stocks fell by 89% and 50%, respectively.
Former Congressman Ron Paul didn’t mince words, either. He warns that the stock market’s “day of reckoning” is fast-approaching. When that day comes, he doesn’t think it’s just going to be a correction — it will be “stock market chaos.”
But there is one distinct warning that should send chills down your spine … that of James Dale Davidson. Davidson is the famed economist who correctly predicted the collapse of 1999 and 2007.
Davidson now warns, “There are three key economic indicators screaming SELL. They don’t imply that a 50% collapse is looming; it’s already at our doorstep.”
And if Davidson calls for a 50% market correction, one should pay heed.
Indeed, his predictions have been so accurate, he’s been invited to shake hands and counsel the likes of former presidents Ronald Reagan and Bill Clinton — and he’s had the good fortune to befriend and convene with George Bush Sr., Steve Forbes, Donald Trump, Margaret Thatcher, Sir Roger Douglas and even Boris Yeltsin.
They know that when Davidson makes a prediction, he backs it up. True to form, in a new controversial video.
Most alarming of all is what Davidson says will cause the collapse. It has nothing to do with the China meltdown, Wall Street speculation or even the presidential election. Instead, it is linked back to a little-known economic “curse” that our Founding Fathers warned our elected officials about … a curse that was recently triggered.
And although our future may seem bleak, as Davidson says, “There is no need to fall victim to the future. If you are on the right side of what’s ahead, you could seize opportunities that come along once, maybe twice, in a lifetime.”
Perhaps most importantly, in this new video presentation, Davidson reveals what he and his family are doing to prepare right now. (It’s unconventional and even controversial, but proven to work.)
While Davidson intended the video for a private audience only, original viewers leaked it out and now tens of thousands are downloading the video every day.
One anonymous viewer wrote: “Davidson uses clear evidence that spells out the looming collapse, and he does it in a simple language that anyone can understand.” (Indeed, Davidson uses a sandcastle, a $5 bill and straightforward analogies to prove his points.)
With his permission, I reposted the video on a private website. Click here to watch it now.