Ex-Goldman Sachs Analyst: “Major War” Coming End Of 2012

The biggest bond fund in the world has dumped all their U.S. government Treasuries considering them a bad buy, and a former analyst for Goldman Sachs is predicting that by the end of 2012 there will be a major war, which will crash the markets.  He is predicting that the Dow Jones average would sink to a low of 5,000 points from its usual level of around 12,000.

We only have one world for the sum total of these headlines:  WOW!!

We continue to warn that the world is heading towards an economic collapse on a global scale.  This collapse will then allow for the new economy of the Antichrist to be implemented, (Daniel 7, Revelation 13, 17 & 18), a collapse that is prophesied in the book of James to happen in the last days.

Now listen, you rich people, weep and wail because of the misery that is coming on you.  Your wealth has rotted, and moths have eaten your clothes. Your gold and silver are corroded. Their corrosion will testify against you and eat your flesh like fire. You have hoarded wealth in the last days. James 5:1-3 NIV

From the article:
When cycle forecaster Charles Nenner told the Fox Business network yesterday that the Dow Jones was set to collapse to the 5,000 level on the back of a “major war” that will shake the globe at the end of 2012, hosts David Asman and Elizabeth MacDonald sat in stunned silence.
Nenner, a former technical analyst for Goldman Sachs, is head of the Charles Nenner Research Center, which purports to be able to predict market trends with a computer program based around pattern forecasting and securities analysis.
Nenner predicted the stock market and housing collapse over two years before the fall of Lehman Brothers. Nenner predicts that the Dow is heading down to just 5,000, a gargantuan drop given that it now hovers above the 12,000 level and only sunk as deep as 6,547 during the lowest ebb of the economic collapse in March 2009
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Bill Gross, the manager of the biggest bond fund in the world, has forgotten more about bonds than most of us will ever learn. That is why the big move that PIMCO has just made is so unsettling.  At one time PIMCO held more U.S. government debt than any other bond fund on the globe, but now news has come out that they have gotten rid of all their U.S. government-related securities. 

So should we be alarmed? 

For months Gross has been warning that the bull market in bonds is coming to an end, and now it looks like he is putting his words into action.s  Gross has often publicly decried the rampant government spending that has been going on over the last several years, and apparently he has seen enough.  He is taking his ball and he is going home.  This really is a stunning move by PIMCO. 

Ex-Goldman Sachs Analyst: “Major War” Coming End Of 2012
http://www.prisonplanet.com/ex-goldman-sachs-analyst-major-war-coming-end-of-2012.html

Should We Be Alarmed That The Biggest Bond Fund In The World Has Dumped All Of Their U.S. Treasury Bonds?

http://theeconomiccollapseblog.com/archives/should-we-be-alarmed-that-the-biggest-bond-fund-in-the-world-has-dumped-all-of-their-u-s-treasury-bonds

Pimco’s Gross Eliminates Government Debt From Total Return Fund

http://www.bloomberg.com/news/2011-03-09/gross-drops-government-debt-from-pimco-s-flagship-fund-zero-hedge-reports.html