During the first round of systemic collapse it was dot bomb.
During the second round it was the bankers.
Now the leveraged corporations are on deck.
To be clear, I think that a bottom is coming very soon, as soon as next week. But if it does, rest assured that bouncing stocks do not mean all is OK. Far from it. During this 4th wave a lot of eyes have been opened about just how much value stocks DON'T have. The freefall has been unworldly even if absolutely expected and predicted by my wave model.
But here's what you need to think about right now after the 4th wave is wave 5, and after that the end end of the current financial system will begin. We are seeing all of the signs. Look at the massive, massive money printing being done by the fed, by trump, by everyone under the sun. All they are doing is debasing everyone's savings in order to perform a bail in. Simple as that.
After the bottom the markets will bounce and probably make an new all time high based on government buying stocks directly, etc. In other words, more con games that cheat the holders and savers of dollars in favor of the wealthy stockholders.
Please tell me that after more than 10 years of me predicting the very things that are happening today that you have a plan, that you have no debt, that you are buying gold and silver and that you have exited your 401k program. Please tell me that if the store shelves go empty that you have backup food for at least 6 months if not more. Please tell me you have an assault shotgun or an AR15 and a 9mm sidearm and are proficient in their safe use.
The government is now on railroad tracks to economic Hell. We do not have 10 years. We do not have 5 years. We will be lucky to have 3 years left before the greatest depression arrives and it is going to be a doozy. This is no time to be afraid. No time is a good time to cower in fear because, let's face it, we are all 100% guaranteed to die at some point. So if you want to fear something, fear that because that is beyond speculation, beyond chance. In a universe of odds, it is a certainty. But in the mean time you can either live a shit life where you wish you were dead or you can plan ahead and do very well for yourself in relative terms.
RIGHT NOW begin cost averaging into silver bullion coins. Spot silver could still go down to $5 for a microsecond but very soon price inflation is coming because the world sees the panic the fed is in, they see the QE and the money printing and the bail outs of students and of corporations and talk of $1000 for every person in the country, etc. They will stop lending us money for free and then what do you think is going to happen? Do you think this is all happening because of corona? If so then why were the charts pointing to it before CV was even a thing. CV was a trigger but avalanches are not caused by triggers but rather from heavy snow that builds up over time.
Don't sit there in shock and awe. Don't be a victim. Do something.
Wednesday, March 18, 2020
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