Sell, Sell, Sell

It’s not too late to sell any Chinese exposure. Don’t buy this dip — raise some cash instead. Having some money in cash is a good idea, so when and if the market hits a panic sell-off, you’ll be there to buy the fear. It’s not too late to sell any Chinese exposure. Don’t buy this dip — raise some cash instead. Having some money in cash is a good idea, so when and if the market hits a panic sell-off, you’ll be there to buy the fear. [Energy and Capital logo] Sell, Sell, Sell [Christian DeHaemer Photo] By [Christian DeHaemer]( Written Sep 21, 2021 As I write this, the Dow 30 is down 775 points, or 2.24%. Gold is up a tad and the equity market is a sea of red. Anything associated with China is getting whacked. Those who believe in the random market theory, including those who shill mutual funds, would say you can’t predict the market. But if that were true, why did all the principles at the Federal Reserve sell two weeks ago? Our own Sean McCloskey did indeed predict this September sell-off. Earlier this month, he wrote: Major Correction and Rotation Loom Over September’s Trading. According to the wealth of historical market data we have at our disposal, it may interest you to know that September is traditionally one of the worst-performing months for stocks. Investors call it the “September swoon.” Sean got that one right. He's has been sharing his market expertise with us for a while now. You may know him from the options trades he puts out on Fridays in Energy and Capital or from some of his great calls in Bull and Bust Report. Keep an eye out for more of Sean's great calls. Get Ready for a Huge Fed Move (as Soon as September 22) Federal Reserve Chairman Jerome Powell just broke HUGE news... After months of silence, he finally admitted that the Fed is working on a digital dollar. This bombshell move could spell disaster for Bitcoin. But if you know how to position yourself, you could multiply your money by as much as 60 times in the months ahead. I expect truly historic windfalls with a “digital dollar” going live — some investors have already pocketed gains of as much as 1,585%, and that’s just the start. It’s vital you act BEFORE the Fed makes its next big announcement. [Click here for everything you need to know.]( Evergrande Runs out of Cash The market is down because a huge Chinese real estate firm called Evergrande ran out of money. The company is on the verge of defaulting on $300 billion in debt and the stock is down over 80%. Many are calling it China’s Lehman Brothers moment. You might remember the illustrious bank that was the catalyst for the Great Recession in 2008. The problem is that global debt is intertwined like a pile of pick-up sticks. You pull one, and they all move. And Evergrande is a big stick at the bottom of the Ponzi debt pile, with 1,300 real estate projects in 280 Chinese cities. It also has investments in a whole range of other industries, including video, EVs, health care, and a theme park. The problem is that the growth in Chinese real estate fell 90% year over year during the first two weeks of September. Existing home sales went negative midsummer, as did housing starts. Goldman Sachs put out a research note saying: Housing activity may deteriorate further in the absence of the government providing a clear path toward an eventual resolution for Evergrande. As our credit strategy team points out, Evergrande is large (total assets of RMB2tn, or 2% of China’s GDP) and complex (with over 200 offshore and nearly 2,000 onshore wholly and non-wholly owned subsidiaries). But it accounts for only 4% of China’s total property sales and its 123,000 employees and 3.8 million contractors make up a fraction of China’s over 400 million urban labor force. In the event of an orderly default of Evergrande and limited spillovers to both the financial market and broader property sector, the macro impact should be manageable. My guess is that Goldman Sachs is putting lipstick on this pig and selling China as fast as it can to anyone gullible enough to buy Goldman's paper. GS stock, as well as other big international banks like JP Morgan and Morgan Stanley, are all down more than 4% today. It’s ominous to say the least. [Tesla Is Dead. Elon Musk Is Ruined.]( Thanks to a new discovery — known as “Blue Gas” — electric car companies like Tesla are about to go down in flames. “Blue Gas” is 100% emission-free, can propel vehicles hundreds of miles, and allows cars to fully charge in just minutes. And the tiny company behind it is primed to absolutely shatter any gains ever paid out by Tesla. [Click here before this stock explodes in the coming months](. Here is the likely fallout for Evergrande: - The company is heading for insolvency and won’t exist in 2022. - Those who own the bonds will lose their investment. - The mom and pops that put down payments on unfinished properties will be bailed out. - Some CCP-owned property will get the assets. - All the projects will be finished. - President Xi will say he crushed the evildoers and protected the little guy, thus bolstering his own power. - Evergrande's owners and C-suite executives will be disappeared. It’s not too late to sell any Chinese exposure. Don’t buy this dip — raise some cash instead. The S&P has broken its 18-month uptrend. The market is expensive and toppy in the short term. For example, the S&P's P/E ratio is at 38... an all-time high. Margin debt is also at all-time highs — meaning margin calls could cascade into panic selling across all stocks and assets. We are overdue for some consolidation. Having some money in cash is a good idea. When and if the market hits a panic sell-off, you’ll be there to buy the fear. All the best, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]@TheDailyHammer on Twitter]( --------------------------------------------------------------- Bezos, Gates, Dalio, and Ma Racing to THIS Tech There is a $1.9 trillion energy race underway and one company is about to cross the finish line. Jeff Bezos, Bill Gates, Ray Dalio, and Jack Ma have already poured $2 billion of their own money into this company and its technology, knowing full well how big of an impact it will have on the world. Once you see what this company has developed, you will realize why some of the richest men in the world are lining up to invest. They are also trying to get in while the share price is low. You see, this “quantum leap” technology and the company behind it is extremely undervalued. But not for long… Even though some of the big players are involved, the stock is still tiny compared to its future growth potential. In fact, I believe this company could deliver a windfall of as much as 46,018%. That’s enough to turn a modest $100 investment into $46,000. Or a slightly bigger investment of $1,000 could bag you almost half a million dollars! These are truly life-changing gains we’re talking about here. That’s why it’s imperative to pay attention to what I’m about to show you. I’m ready to give you all the details on this next energy revolution and how you can get in on the company leading the way below. Trust me when I say you have nothing to lose and everything to gain. [Click here now to find out how you can get in on the ground floor of this quantum leap technology…]( Browse Our Archives [Healthcare Stocks 2022, Part 1: The Future of Medtech]( [The Metaverse Hits the NFL]( [The 63-Year-Old Secret Clue Hidden Behind Peach Bottom 1]( [Has Biden Gone Senile?]( [Why Taxing the Rich Will Lead to Unintended Consequences That Will Persecute the Poor and Middle Class]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here](, and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Energy and Capital, please add newsletter@energyandcapital.com to your address book or whitelist within your spam settings. 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