The Market Financial

July 07, 2010 08:30 ET

Third Depression Looming: Printing U.S. Dollars, Buying Futures and Cranking Up Mainstream Media

TORONTO, ONTARIO--(Marketwire - July 7, 2010) - Michael Vlaicu, President and CEO of MIV Investments Inc. discusses several key catalysts which could forecast more economic woes ahead for the major U.S. exchanges: Dow Jones Composite, New York Stock Exchange, Nasdaq Composite, and S&P 500. The full article is available on TheMarketFinancial.com, the news portal which covers Wall Street's financial sector and delivers financial and investment intelligence to a community of highly informed investors.

Perhaps the crowning discovery that has escaped the mainstream media is the upcoming catalyst for the fallout of Wall Street's four major exchanges: NYSE, Nasdaq, S&P 500, and Dow Jones, which are all likely to fall over like Moe, Larry and Curly. 'Head and Shoulder' chart patterns have formed on all of the aforementioned indices with 'Death Cross' formations accompanying them. The next few days will be a rude awakening as deja vu hits retailer investors when the Family Dollar Stores is expected to report higher than expect earnings, further confirming the economy's state of flux.

Before we unveil the curtains and get this show started, we highly recommend you read our three previous publications here:

Financial Armageddon Is Here, Financial 3x ETF Rejoice – A technical perspective on what you can expect from Direxion 3x Financial Bear in the short-term

S&P 500 Will Continue To Crash, While Direxion Bear 3x ETF Surges -Head and Shoulders pattern explained, and how it opens the doors to a new Bear Market

U.S. Media Is Making A Fool Out Of Financial Traders – Insight on the attempt to control the free-falling markets through the use of printing press, alongside "50 Hard To Believe Statistics of the U.S. Economy"

The mainstream media doesn't even bat an eye over the Fed creating $1.3 trillion in a little more than a year to buy worthless debt no one else will touch. Even worse, Fed Chairman Ben Bernanke admitted the central bank created the money out of thin air to buy mortgage backed securities. "We're heading towards a double-dip recession," said Chris Whalen, a former Fed official and now head of Institutional Risk Analytics. "The party is over from fiscal support. These hard-money men are fighting the last war: they don't recognise that money velocity has slowed and we are going into deflation. The only default option left is to crank up the printing presses again."

A complete report on the company is available now at TheMarketFinancial.Com: http://www.themarketfinancial.com/third-depression-looming-printing-u-s-dollars-buying-futures-and-cranking-up-printing-presses/6868

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