Arch
Crawford,
head
of
Crawford
Perspectives,
outlines
his
take
on
the
US
equities
bull
market.
He's
concerned
by
the
lack
of
breadth
/
confirmation
in
the
broader
indexes,
such
as
the
NY
composite
and
Wilshire
5000.
Dow
Theory
is
also
flashing
warning
signals;
the
new
highs
are
actually
declining
according
to
his
analysis,
suggestive
of
potential
market
manipulation.
Arch
Crawford
presents
key
dates
using
cycle
patterns
for
likely
market
crashes.
Our
guest
traded
gold
for
a
living
in
the
1970's
-
he's
impressed
by
the
recent
golden
cross,
where
the
daily
50
period
moving
average
moves
above
the
200.
A
solid
close
above
$1,300
gold
could
ignite
the
next
stage
of
the
PMs
advance.
Another
encouraging
technical
sign;
the
MACD
trend
indicator
registered
a
buy
signal
two
weeks
ago,
an
important
positive
indication.
The
discussion
includes
cryptocurrencies
and
the
very
real
possibility
for
Bitcoin
and
related
coins
like
Ethereum
/
Komodo,
to
skyrocket.
The
global
economic
system
began
its
collapse
in
2008
and
is
no
longer
fully
solvent;
a
subsequent
financial
supernova
is
inevitable.
According
to
a
Financial
Times
article,
since
the
last
Great
Recession,
productivity
has
fallen
to
the
lowest
level
in
over
40
years.
Officials
can
no
longer
mask
the
fact
that
certain
sectors
of
the
economy
mirror
the
conditions
of
the
Great
Depression.
The
manufacturing
sector
is
experiencing
the
longest
period
of
non-expansion
since
numbers
were
first
tallied
nearly
one
century
earlier.
Just
over
3
years
ago,
the
Venezuelan
Bolivar
was
the
premier
currency
of
South
America,
near
parity
with
the
US
Greenback.
Today
it
requires
merely
1
dollar
to
procure
6,000
Bolivars
-
over
the
same
period
gold
skyrocketed
in
terms
of
Bolivars.
The
net
impact
is
widespread
starvation,
looting
and
civil
war,
potentially
a
foreshadowing
of
things
to
come
in
the
US.
At
first,
Fed
policymakers
will
likely
expand
monetary
stimulus
via
QE4,
but
such
stimulus
comes
with
the
Achilles
heel
of
exponentially
decreasing
returns.
The
huge
international
capital-inflows
currently
propping
up
US
equities
via
the
US
dollar,
will
reverse
course
posthaste.
Ultimately,
the
economic
supernova
will
ignite
via
galloping
inflation,
next
hyperinflation,
sending
the
cost
of
goods
and
services
soaring.
As
the
US
dollar
plunges
to
new
lows,
it
will
trigger
the
tipping
point
of
the
economic
chaotic-system.
According
to
a
Zero
Hedge
article
last
week,
the
dollar
and
Bitcoin
are
overbought
relative
to
gold
which
is
relatively
underpriced.
Please
listen
here
Dial-Up
Real
Audio
MP3
FAST
Download
Highest
Quality
Download
Right
click
above
&
"Save
Target
As..."
to
download.
To
learn
more
about
software
needed
to
play
the
above
formats,
please
visit
the
FAQ.
Guest
Biographies
John
Williams
Shadowstats.com-
John
Williams
aka
Walter
J.
"John"
Williams
was
born
in
1949.
He
received
an
A.B.
in
Economics,
cum
laude,
from
Dartmouth
College
in
1971,
and
was
awarded
a
M.B.A.
from
Dartmouth's
Amos
Tuck
School
of
Business
Administration
in
1972,
where
he
was
named
an
Edward
Tuck
Scholar.
During
his
career
as
a
consulting
economist,
John
has
worked
with
individuals
as
well
as
Fortune
500
companies.
John
Williams'
Shadow
Government
Statistics
is
a
monthly
electronic
newsletter
that
exposes
and
analyzes
the
flaws
in
current
U.S.
government
data
and
reporting,
as
well
as
in
certain
private-sector
numbers.
It
also
looks
at
the
financial
markets
free
of
the
hype
so
often
put
forth
in
the
popular
financial
media.
Generally
published
on
the
second
Wednesday
of
the
month,
the
newsletter
is
supplemented
by
Flash
Updates
and
occasional
Alerts
that
highlight
unusual
developments.
Arch
Crawford
cut
his
technical
analysis
teeth
as
first
assistant
to
top
Wall
Street
technician
Robert
Farrell
at
Merrill
Lynch
in
the
early
1960s.
In
1977,
following
Arch’s
extensive
research
into
astrophysical
phenomenon,
astrology
and
its
correlation
to
market
performance,
he
edited
and
published
the
premiere
issue
of
Crawford
Perspectives
market
timing
newsletter.
Today,
nearly
40
years
later,
Crawford
Perspectives
continues
to
bring
readers
one
of
the
most
highly
regarded
and
consistently
accurate
market
timing
newsletters
available.
