Gartman: “The World Is Finally Awakening To The Fact That World War III Has Begun In Earnest”

• Gartman is now onboard with Samuel Huntington’s Clash of Civilizations Illuminist psyop – Zionist Christian West vs Muslim world.
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• Gartman: “The World Is Finally Awakening To The Fact That World War III Has Begun In Earnest”
  by Tyler Durden, www.zerohedge.com  
  We have no idea how to even comment on this latest observation by “world-renowned”, if allegedly dead now that oil is again well above $44, commodity expert Dennis Gartman, who in his latest letter writes that World War III “has begun in earnest:”
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  SHARE PRICES, GLOBALLY, HAVE FALLEN PRECIPITOUSLY as all ten of the markets comprising our International Index have fallen and as one can see from the “red” in the price matrix below, 7 of the 10 markets in our Index have fallen by more than 1% and 5 of those 7 have fallen by more than 2% and 2 of those 5 have fallen by more than 3%. We have not seen a day such as this in more than a year and as our good, and very wise, friend, Mr. Doug Kass, reminds us, “Risk happens fast.”
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  Why now? Perhaps the markets are indeed concerned that the Federal Reserve Bank may pass on raising rates at its meetings this week, but will be moved to raise rates at a later time.
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  Or perhaps the markets are concerned that global economic growth does indeed seem to be waning and that a global recession lurks around the economic corner? 
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  Or perhaps the world is concerned about the vote in the UK next week which is swiftly moving toward the UK leaving the European Union and thus the likelihood of other members of the Union at the periphery choosing to follow London’s lead. 
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  Or perhaps the world is finally awakening to the fact that World War III has begun in earnest; that the Islamic World and the Judeo-Christian world are now truly at war in the aftermath of the murders in Orlando over the weekend. We are of the latter school of thought. We are convinced now that even the Obama Administration can no longer avoid the facts of the age; that Islam and the West are at enmity one with the otherand in this light equity investment is wholly ill-advised. Add to that the concerns about the Fed. Add to that the concerns about global recession. Add to that the concerns about the UK and the European Union and one has the makings of serious equity market weakness.
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  read more.

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