Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “U.S. stock exchanges”

We Are In God’s Hands

Fear not. While threats of World War III are running rampant, we are in the hands of God, and God will not lead us astray. But we can expect some major upheavals, economic shakedowns and armed skirmishes over the months ahead. That’s the prognosis of Bo Polny, who previously accurately predicted that a war would break out in Israel during the month of October 2023.

In this roughly hour-long video, Polny is interviewed by journalist Greg Hunter. Polny gives full credit for his epiphany to God.  Polny explains how he reads the variety of symbols and interlocking numbers from the pages of The Bible. Even though The Bible has been altered — and much of its deeper meanings obscured — there are still ways it can be studied to glean the truth.

Here, Polny makes several new predictions:

  • He sees a major crash in the U.S. bond market and stock exchange, with stocks possibly losing as much as 27 percent of their value. He says these crashes could begin later this month, but might well stretch out over a couple of months time.
  • The U.S. dollar also is poised to crash. It’s no longer backed by gold, and now its attachment to oil has also been severed as Saudi Arabia has joined the BRICS (Brazil, Russia, Iran, China, South Africa) nations. “In other words, it’s run out of gas,” says Polny. He sees this collapse occurring during the first quarter of 2024.
  • What else might collapse? Polny says the days of the World Economic Forum are numbered. “Fear not,” he says, “God has got this.”

Chinese Companies Face Ban

The SEC and U.S. Securities and Exchange Commission have turned their regulatory radar on China and are considering a potential ban of Chinese companies from U.S. stock markets for failing to comply with auditing rules and regulations. The move would be another giant step toward a conscious decoupling between the countries.

The scrutiny follows President Trump’s executive order, banning U.S. investment in several companies linked to the Chinese military and has sent the China Communist Party into a panic. The SEC intends to propose a regulation by the end of the year that would delist Chinese companies from the stock exchanges who are not in compliance with U.S. auditing rules.

The move would be catastrophic for the companies and the Chinese economy in general. There are more than 200 Chinese companies on U.S. stock exchanges, with a combined market cap of $2.2 trillion. This year alone, Chinese companies have raised $12 billion in initial public offerings, all while essentially ignoring U.S. law. According to the Wall Street Journal, tens of billions of dollars in U.S. market value have disappeared as more than 170 U.S.-listed Chinese companies have faced scrutiny for embezzlement, theft, misrepresentation and other alleged abuses.

Fang Xinghai, vice-chairman of China’s Security Regulatory Commission, said they are desperately hoping to resolve the problem with a Joe Biden Administration. We shall see. Here’s more with Chris Chappell on China Uncensored.

ARVE error: need id and provider

Post Navigation