We have been watching the market's mirroring 07/08 pre-crash. The only that has extended this mirroring 7-8 months longer than 07-08 has been Fed intervention.
Federal Reserve Intervention into Wallstreet will never happen again.
Where are we..At pre-crash (just before) there are a series of Cat Drops. What's a cat drop....drop a cat from several feet and they hit the floor and then bounce up just off the floor. Cat Drops are the markers going forward 4 steps and backwards 8-9 steps or 10 steps forward 50-150 steps backward. These repeats itself until it is 20,000 steps or 25,000 thousand steps backwards.
What's different from 07-08
We had about 700,000 more small businesses then (post 07-08 through lockdowns lost over 1.2 million small businesses, ).
We now have hyper runaway Inflation
Food and supply Shortages
Increasing interest rates
Supply Chains still breaking down
No Fed money bailing out business or "To big to fail"
Global economy drastically sliding
Gas, oil, natural gas Shortages
Higher Unemployment 18-24% (real numbers)
World Economic Forum, WHO, United Nations making deals with this Administration that will close thousands of small, medium and Even Large Corporations (ESG)
Petro Dollar (T-Bills being dropped by China and other Nations) no longer being used by nearly every nation.
Federal Reserve not interested in profits, instead of moves to drive a centralized digital currency.
Where do you believe this is headed?
Me, not returning ever to better times or this to will pass
Store up seeds
Keep your powder dry
Jack
The world abandoning the USA " petrodollar" is killing us!
okie don wrote:
The world abandoning the USA " petrodollar" is killing us!
Along with 20 other things.
jack sequim wa wrote:
Along with 20 other things.
Yeah, I know Jack.
Too numerous to mention.
EVERYTHING China Joe has done has been wrong.
Makes me 🤢 sick.
okie don wrote:
Yeah, I know Jack.
Too numerous to mention.
EVERYTHING China Joe has done has been wrong.
Makes me 🤢 sick.
That’s hilarious!
In a sad tears kinda way.
I agree!
I think Jobama makes EVERYONE sick!
okie don wrote:
Yeah, I know Jack.
Too numerous to mention.
EVERYTHING China Joe has done has been wrong.
Makes me 🤢 sick.
The media, housing and market experts on Government media CNN MSN CBS, NBC NEWS Along with hundreds of online journalists will be saying, don't worry housing inventory is low so it will hold values, while others will be saying, don't panic this is only a market correction in response to the Rate increase.
Lies, lies and more lies to take trillions in pensions, 401k, investments ect.
Anyone that has been reading my warnings, thinking I'm just a doom and gloom nutcase...I have been dread on the last years and especially the last few months.
Dump everything you have into psychical Gold/Silver/Platinum. Paper won't do anything but cause you not to be able to hold the real stuff. If your 401k administer has restrictions, my suggestion is get as much cash out as you can (Yesterday) and buy metal's (in hand).
Currently there is fear driving investors and if their is any panic selling, the bottom will be even sooner.
I suggest that the markets will eventually (sooner than later) move to zero.
I've been here for several years because their over spot pricing has been lower than others.
If I were buying in upper thousands, it would be wise to checkout other over spot pricing.
Stay away from anyone promising you can turn your paper metal's to in hand metals. Majority of these firms sell more in paper than they have in reserves.
https://www.apmex.com/gold-and-silver-price-chartsI stay away from coins because they sell for more over spot than bars , also they offer barter bars divided into smaller grams. If they are out of something you want, they have a notify me when in stock. I would speak to someone and ask for estimated lead time and if to far out, choose something else.
Jack
I am allergic to Facebook. Is there another way?
Marty 2020 wrote:
I am allergic to Facebook. Is there another way?
Let's put it out here
Anyone know how to share a video on Facebook to someone, not on Facebook?
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