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Expert Who Correctly Predicted Market Moves in July, August and September Says Stocks Will Crash in November

If you thought August's Black Monday was bad, just wait until November.
If you thought August’s Black Monday was bad, just wait until November. (Reuters)

When someone is right over and over, eventually people start paying attention. Personally, I have learned to tune out the “forecasts” of most “economic experts” out there. As an attorney, I was trained to be skeptical, and I have found that most forecasts about what the financial markets are going to do are not worth the paper they are printed on.

However, once in a while something comes along that really gets my attention. Over the past few days, I have seen a number of references to the remarkable forecasts of Bo Polny of Gold 2020 Forecast.

In recent months he has correctly predicted that U.S. stocks would begin to drop in July, that there would be a huge plunge in August and that that the month of September would be rather uneventful. Now he is saying that he expects “November to be a complete meltdown on the U.S. and world markets.”

Just because he has been right in the past does not guarantee that he will be correct this time around, but lots of people (such as me) are starting to pay attention.

So how does Polny come to his conclusions? Well, he uses something that most of us hated when we were in school--mathematics. The following comes from the Daily Sheeple:

Cyclical analyst Bo Polny of Gold 2020 Forecast employs a dvanced mathematical formulas and years of cyclical analysis to make forecasts about global stock markets. In late July he noted that U.S. stock markets had hit a top and that investors should prepare for a rapid down-move in the Dow Jones and other indexes. As we now know, that prediction has come to pass.

But while many on Wall Street panicked, Polny noted that the crash was not yet imminent and that the month of September would be relatively calm, with no major moves up or down forecast to occur. Once again, his analysis proved accurate.

I want to stress that I do not know if he will be right this time around. When trying to forecast the future of the markets, there are thousands of moving pieces, and many of them cannot be accounted for easily. But without a doubt the markets are perfectly primed for a major crash, so it would not surprise me in the least if he did turn out to be correct.

And as I mentioned above, Polny does have a solid track record of accuracy:

Bo’s model appears to have an impressive track record of accurate predictions, including the following:

  • Price of gold reaching $ 1,900 in 2011
  • China’s stock market peak in April 2015
  • Hong Kong market peak on April 29, 2015
  • U.S. stock market drop beginning in July 2015
  • Sharp drop in the stop market in August 2015
  • U.S. stock market uneventful in September 2015

If Polny is right again this time, next month will be the most significant month for global financial markets since the crash of 2008. Here is more from Z3News:

In an interview with Future Money Trends on Oct. 17 2015, he made the following comments:

“Now we are expecting the next leg down on the U.S. and world markets on the dollar. What we are forecasting now is the lows of August are all going to break. They could break in the month of October yet, but we believe they will break no problem into November. We expect November to be a complete meltdown on the U.S. and world markets.”

He also posted the following statements on his website:

“If you thought the crash of August 2015 was bad; November 2015 is expected to usher in the start of the U.S. stock, dollar and treasuries market meltdown!”

“The end of this year ushers in the start of an economic meltdown that is to last years! The U.S. dollar, treasuries and stock market bomb is set to blow in November 2015!”

Polny is projecting that stocks could ultimately fall by as much as 70 percent by the time it is all said and done. You can watch a full interview where he discusses these things right here.

Meanwhile, early signs of the kind of trouble that Polny is warning about continue to pop up.

On Wednesday, the stock price of one of the largest pharmaceutical companies in the world absolutely crashed after a report came out claiming that it was in danger of suffering the same fate as Enron:

Hedge fund darling Valeant Pharmaceuticals is getting hammered after short-selling-firm Citron Research published a report comparing it to Enron.

The Canadian drug company’s stock was last down about 25 percent at around $ 110. It had fallen as low as $ 88.50.

The stock has been popular among hedge funds.

It ranked No. 10 on Goldman Sachs’ stocks that “matter most” to hedge funds list for the second quarter. According to Goldman, 32 funds had the stock as one of their top-10 stock holdings.

And this week we learned that construction machinery giant Caterpillar has now reported global sales declines for 34 consecutive months. The following comes from Zero Hedge:

Most cats bounce at least once when they die, but not this one: After CAT posted its first annual drop in retail sales in December of 2012, it has failed to see a rise in retail sales even once.

In fact, since then, Caterpillar has seen 34 consecutive months of declining global sales and 11 consecutive months of double digit declines!

Those who assume that everything is going to be “just fine” now that we have gotten past September are going to be dead wrong.

Whether it happens in November or not, the kind of chaotic financial collapse that Bo Polny is warning about will happen.

And of course factors that he is unable to account for such as war, terror attacks and major natural disasters could greatly accelerate things.

Once again, I don’t know if everything that Bo Polny is saying is going to turn out to be 100 percent accurate or not. I am just reporting what he is saying. But it is true that what he is forecasting fits very well with what I have been warning my readers about for months and months.

A day of reckoning is most definitely coming for global financial markets.

Will it happen in November?

Stay tuned.

Michael T. Snyder is the publisher of The Economic Collapse Blog and author of The Beginning of the End.

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STOCK MARKET Heading For A COLLAPSE in SEPTEMBER / OCTOBER 2015 ? Global Reset Coming ?

Thursday, the Dow Jones Industrial Average plummeted 358 points. It was the largest single day decline in a year and a half, and investors are starting to panic.

Dow is now down more than 1300 points from the peak of the market. warning about a stock market crash in 2015, and after today I am sure that a lot more people will start jumping on the bandwagon. In particular, tech stocks are getting absolutely hammered lately. The Nasdaq has fallen close to 3.5% over the past two days alone, and it has dropped below its 200-day moving average. The Russell 2000 (a small-cap stock market index) is also now trading below its 200-day moving average. What all of this means is that the stock market crash of 2015 has already begun. The only question left to answer at this point is how bad it will ultimately turn out to be.
“stock market” bonds banking savings “savings account” “bank account” NYSE collapse currency forex trading “forex trading” markets u.s. usa america “united states” retire retirement future money cash wealth wealthy bubble “bear market” news trends trending 2015 2016 “fall 2015” winter finance gold silver “gold bullion” “gold storage” “silver coin” “cash for gold” economy jobs employment “jim rogers” “gerald celente” china europe global debt ecommerce loan insurance “credit card” USD “elite nwo agenda” warning prepare survival alex jones rant infowars gerald celente trends in the news global reset lindsey williams dollar collapse louis farrakhan oil price bitcoin litecoin get rich max keiser marc faber jsnip4 demcad rawdogletard review unboxing september 23

When stocks were booming, tech stocks were leading the way up. This scenario would be bad enough for the emerging economies. But now China has devalued the yuan to stimulate its exports and thus its economy at the expense of others. And one thing has become clear on Wednesday: these struggling economies that compete with China are going to protect their exports against Chinese encroachment. Hot money is already fleeing emerging markets. Higher rates in the US will drain more capital out of countries that need it the most. It will pressure emerging market currencies and further increase the likelihood of a debt crisis in countries whose governments, banks, and corporations borrow in a currency other than their own.

The Federal Reserve has printed trillions of dollars to monetize U.S. government debt. Any significant rise in interest rates will probably decimate U.S. government finances and the fragile housing market. It will probably also cause a financial catastrophe in the bond market, too, because of interest rate derivatives. montagraph prediction

Things You Must Do Before September 15th, 2015 How To Stay Warm Without Electricity. The Date The New World Order Will Be Implemented global financial crisis, the mainstream media continues to insist that everything is going to be just fine. I recently interviewed Jim Rogers, George Soros of the Quantum Fund and author of the best-selling "Investment Biker," which chronicled his investing-focused trek around the world by motorcycle. Since 2008 Rogers warned me that the stock market was going to crash

Rogers said that instead of buying US stocks, he is investing in Asian markets - Japan, Russia, and China. very few shorts. I would get out of everything and start shorting. Bubbles Rogers also said that he’s not buying gold, and said the precious metal is “in a correction opportunity to buy within the next two years if it goes under ,000, he said. Gold was near ,172 an ounce on Friday morning. History is repeating itself. While the times are different and the names have changed, the underlying circumstances and basic fundamentals. The Crash of '29, The Great Depression, plunging commodity prices, currency Now, four score and six years later: The Panic of '08, The Great Recession plunging commodity prices,

The US government has run up trillions of dollars in debt, and given the recent debates over the country's debt ceiling spending and balance the budget. trillions of dollars to the national debt clock until such time that our creditors no longer lend us money. Travel Restrictions. Food Shortages. The food industry operates on very small profit margins and survives only as a result of quick payment of invoices. With dramatic inflation Martial Law. The US has already prepared for this, with the passing of the 2012 National Defense Authorization Act (NDAA)

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Comments

    • tucsonazul
    • October 25, 2015

    I'm from Mexico, and the banks are steeling from their own customers, they call them (fees), the u.s. is also starting to steel from their customers by making more fees and doing tricks to make you fall in default easier in to fees and charges. the banks are in bankruptcy and they are doing all they can to recuperate. You can not pull all your money in cash, they wont let you pull more than $5,000.00 in one month.

    View Comment
    • Mats Rosenquist
    • October 25, 2015

    September was the end of the Hebrew Shemitah year & we are now entering the Jubilee year, that can be a blessing or a curse. Remember that the Hebrew nation was built up by the 10 sons & two grandsons of Jacob renamed by God to Israel. Only two of them became the House of Judah (Judah & Benjamin) the rest of the tribes separated from Judah, due to tax issue, formed the House of Israel in the Northern city of Samaria.
    They where 720 BC conquered & carried away by the Assyrians empire & relocated between the Black & Caspian Sea as a military buffer Zone to the North. They defended the area & sacked an aggressor from the North & executed payback to Assyria. This created a vacuum in the east & presented Persia with an opportunity that they did not want to miss. When they attacked from the East, Assyria negotiated a truce & coordination defense with the Israelites but it failed.
    Now the Isralites & Assyrians was forced to retreat & flee over the Caucasus mountain pass with everything they could carry & transport. Ever thought why the western world, white people, are called Caucasians, well here is the Answer? Assyrians settled in Germany while the Israelite settled in Northern Europe & North America, all this is documented in the Anglo Saxon Chronicles, the Scottish Declaration of Independence & Rune Stones written in Aramaic (Biblical Hebrew) language.
    For the Israelites turning away from God, the Jubilee year will not be a jubilee of blessings but of curses. We have stuck our fingers into Gods eyes & turned it around. The year of the Hemitah happens wvery 7 years & you can notice the economical crash each time, either Shemitah or the Jubilee!

    View Comment
    • Aaron Bryant
    • October 25, 2015

    Wow, look at that Dow. It just keeps steadily climbing and the VIX keeps steadily dropping. Just keep on talking the calamity talk because its getting the markets in rally mode.

    View Comment
    • Justin Wade
    • October 25, 2015

    Good thing the time line you provided extends so when you're wrong you can be like "oh it just hasn't happened yet."

    View Comment
    • Zeaiclies De'Magician
    • October 25, 2015

    First off, We the Illuminati are not the Elite. Second you know nothing about the real Illuminati and our NWO, otherwise you would be welcoming us and for us.

    View Comment
    • Richard Bulles
    • October 25, 2015

    Price of oil decreasing is a good thing for the American Public. $3/gallon and higher at the pump was over priced, and the Oil Cartels became Wealthy because of it! 80% of Americans are living unemployed, under employed and/or working a job earning under 35K a year. Of course Americans are not prepared for any collapse. Honestly, if the market collapses, so what? Americans are out of Gold to melt for cash, and there isn't any work out there to earn more money. It is very likely there will be less work for everyone after the crash. We will just go more into debt is what happens, and the economy will stall out due to no one having money to spend, and the velocity of money is already slowing down! The effects of it will be felt big time come late 2016/early 2017…if it does collapse in October.

    View Comment
    • Donald Trump
    • October 26, 2015

    Alms for the poor?

    View Comment
    • Geoff Beach
    • October 26, 2015

    September 23 and not a squeak …

    View Comment
    • Thomas Meeks
    • October 26, 2015

    i searched it 9/23/2015 on google maps and made a video bc it blew me away .. the location was NYSE

    View Comment
    • Mi Young
    • October 26, 2015

    Stock market is crashing now. But why the house market is still up. It doesn't make sense to me. Can anyone explain?

    View Comment
    • Ryan Mik
    • October 26, 2015

    If it happens then it happens, I'll be able to handle myself.

    View Comment
    • Kathleen Rayner
    • October 26, 2015

    GET YOUR MONEY OUT OF THE BANK BEFORE YOU LOSE IT,EVERY 7 YRS THE MARKET CRASHES ,SEPTEMBER 11TH TO 14TH 2015 IS 7YRS AGAIN,,WHAT YOU GOT TO LOSE TAKE IT OUT BUY TIN FOOD,THAT IS THE ADVICE OF A UK GOVERNMENT AID TO A PM,,PS THE BIBLE TIME OF ATTONEMENT SAYS God punishes wrong doers at this time,,

    View Comment
    • Sara Van Den Akker
    • October 26, 2015

    DO NOT RECEIVE THE MARK OF THE BEAST.

    The mark of the beast is not a micro chip or any physical mark as the satanic elite would have you believe. The mark of the beast is the worship of satan in place of the worship of God. The pope will soon encourage everyone to keep Sunday holy but God's law tells us to keep the seventh day holy. Sunday honours man-made law or satan, and Saturday honours God. The mark of the beast is Sunday worship and the seal of God is the seventh day Sabbath.

    Soon, every human on the planet will have to choose if they want to worship man or God. Those who receive the mark of the beast (Sunday observance) will be subject to the seven last plagues and those who receive the seal of God (Sabbath observance) will endure into life everlasting. The choice will be yours and mine.

    September 23, 2015 is going to be a significant time in the earth's history. Those who study bible prophecy will understand the significance of the Pope's visit to the US. Not only will the Pope meet with the US congress, but he is also scheduled to address the U.N. General Assembly for their 70th anneversary (the number 70 represents man-made law).

    We are about to see the enforcement of 'Sunday Law' and the mark of the beast.

    Read "The Great Controversy" by Ellen White to understand this great battle that we are in. Seek God while He can still be found. Read the bible and ask God to show you how to be saved. Believe that Jesus died on the cross to save us from sin because He loves us.

    View Comment
    • MegaKooper123
    • October 26, 2015

    September and October have always been bad months for stock markets. You never know. It could be 2008 all over again or it will be fine. All we can do is hope that nothing bad will happen.

    View Comment
    • Bill The Butcher
    • October 26, 2015

    the jewish elite have been planing this for a long time

    View Comment
    • Y Liu
    • October 26, 2015

    Western mindset never has had the right description or prediction on Chinese issue, especially Chinese economy today, since 40 years. Chinese situation is not like Western (free market dominates the whole, it even controls the government), it has free capitalist market, which is called: invisible hand, but at the same time it likewise includes a visible hand: government control. In China the government owns >80% of country's resources, plus its big foreign exchange reserves, it has enough tools or "Ammunition" to deal with or overcome any difficult situation. We are happy to see the clear minded people, like Nicholas Lardy, in the Western. They could give a reasonable analysis on Chinese nowadays economy. It seems that any "Chinese collapse" in the Western media indeed reflects their real close-minded willing or hopes, but they forget whenever nowadays Chinese economy sneezes would really cause western serious sickness… Don't laugh too early!

    View Comment
    • JEFFREY G DELABRE
    • October 26, 2015

    YESHUA JESUS IS COMING FOR ME AND MY BROTHERS AND SISTERS IN HIM .ARE YOU BORN AGAIN BY GODS GRACE ??????????????????????????????????

    View Comment
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