WHAT'S ABOUT TO HAPPEN?

I just came across this in SafeHaven:

"Let me just say from the outset that the Federal Reserve has confirmed our Stock Market Crash forecast by raising the Money Supply (M-3) by crisis proportions, up another 46.8 billion this past week. What awful calamity do they see? Something is up. This is unprecedented, unheard-of pre-catastrophe M-3 expansion. M-3 is up an amount that we've never seen before without a crisis - $155 billion over the past 4 weeks, a $2.0 trillion annualized pace, a 22.2 percent annualized rate of growth!!! There must be a crisis of historic proportions coming, and the Federal Reserve Bank of the United States is making sure that there is enough liquidity in place to protect our nation's fragile financial system. The amazing thing is, the Fed's actions mean they know what is about to happen. They are aware of a terrible, horrific imminent event. What could it be?

One can draw no other conclusion except that the Fed is acting irresponsibly in its managing the money supply, in fulfilling its duty to "maintain a stable currency." I reject the notion that the Fed is acting irresponsibly. No, something is up, bigger than we have ever seen in the history of the United States. Let me ramble. Perhaps they simply see the ominous technical landscape we have been warning about in recent issues, and are attempting to pull out all the stops to avert the predicted crash. The recent rally in just about everything is similar to 2003's market behavior when the Fed pumped massive amounts of liquidity into the system during the first half of the year. This time seems different. The amount of liquidity is too large. The Fed is deflating the value of the monetary base by a fifth! Why are they willing to do this? Wisdom says something bad is up - big time."

[And technically right now the dollar is worth one-fifth less.]

From Financial Markets Forecast and Analysis by Robert McHugh

[And some hours later, at ZEAL, these puzzled words:

"With the S&P 500 not even plunging below its key 200dma this time around yet, and not having witnessed a sharp and frightening correction, and no international financial crisis underway, why is the PCR [put/call ratio] registering record amounts of fear these days? What has people so spooked and what is really going on in the markets underneath the surface? Put volume is soaring indicating that speculators are generally expecting lower prices ahead, but why?"

From Put/Call Ratio Soaring by Adam Hamilton

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