It is a last flashing "roadblock up ahead" flashing yellow lights.
It is like an engineering report that says there is a fatal structural flaw in the building.
It will either have to be torn down or radically reconstructed. I am referring, of course, to the gigantic ponzi scheme that is currency, debt, and banking. It is more ghastly than other earlier collapses, threatened or actualized. Prior events have been localized to one nation or a group. This one is worldwide.
People who trusted..... and continue to trust (rely on, put their hopes in, act in accordance with) the reliability of the USD have been fools. Some will continue to cling to foolishness as their entire fiscal environment swirls down the toilet. What almost everyone except the maniacal Mises camp of gold bugs and other lunatics has assumed is reliable wealth is going to vaporize. I don't know if this is "it" but I know it is coming. I also know how the majority will respond. It will be with an increasing bitterness and cynicism of "there is no place else to go." One of the things I have learned over the years in trading is the foolish tendency of people to just stare stupidly at a screen as an investment tanks, holding to a forlorn hope that "it will come back.... it can't go down much more..... it has to bounce somewhere....." and it does bounce.... down around zero. When it is dumping DUMP IT! Get out now. I shorted citibank stock in 2008 at 25 (it had already sold off over 35 per cent). Covered at 12. IT WENT DOWN TO UNDER A DOLLAR. "When in doubt, get out." However, this may be instead like a worldwide Enron. When it goes bust, the markets will simply close (the governments will do that to "protect you" ... because 8000 elephants cant all fit thru that door at once. You can stare at that screen and watch the "price" go to less than 3% of what it was..... then you will be able to sell, as "order has been restored." Don't be that guy, is my advice.
I have been convinced that the entire US/Western/ and in fact WORLD financial architecture is rotten, tottering, and due for correction since 2002. What has happened instead is that the guys at the top have in fact guaranteed that when the "correction" comes, it will be with a devastating crash. I do not know if Ukraine will push this over the edge. I think so, but I thought so in 2008 and I was wrong then. I do know it will come. You cannot obviate basic economic laws, and the world banking structure is very much like Wile E Coyote, who has run out past a cliff and is just now realizing there is nothing under him but air. The bottom of that canyon is deep.
It is NOT too late to begin hedging with gold/silver/various commodities (no, you are NOT going to save yourself with "lead", though you should have some!). Those who have placed their trust in the head bobbing minions of central bankers (CNBC and the financial "industry") are going to be ruined. I am not saying this with glee. It is rather an invitation to liquidate and reposition assets out of the vapor we have assumed is "wealth."
Get independent. DOWNSIZE. Diversify your portfolio (if you stay in equities) to oil and gas, farmland, basic commodities (fertilizer, metals and mining) and GET OUT of tech, FANG type stuff, anything related to finance/interest or debt/housing etc. DO NOT look to the professional IB crowd to give you advice on how to hedge. They are going to recommend what they know, which are LEVERAGED INSTRUMENTS THAT DEPEND ON THE FISCAL STABILITY OF THE SYSTEM TO PAY OUT. You have no idea how close the large insurance companies (AIG in particular) came to simply defaulting on the darling of the last 2008 mess (credit default swaps). SOMETIME (and it may just well be this time around) the fed is going to step in and say "we will pick up the bill" and the world is going to say "with what?"
I don't say this with any glee or "I told you so".... even if I am (finally) right. I might not be right on timing when the foundation will finally crack. I am telling you that it is groaning, and Ukraine/Putin etc may well be the bulldozer that shoves it over. Be smart.
It is like an engineering report that says there is a fatal structural flaw in the building.
It will either have to be torn down or radically reconstructed. I am referring, of course, to the gigantic ponzi scheme that is currency, debt, and banking. It is more ghastly than other earlier collapses, threatened or actualized. Prior events have been localized to one nation or a group. This one is worldwide.
People who trusted..... and continue to trust (rely on, put their hopes in, act in accordance with) the reliability of the USD have been fools. Some will continue to cling to foolishness as their entire fiscal environment swirls down the toilet. What almost everyone except the maniacal Mises camp of gold bugs and other lunatics has assumed is reliable wealth is going to vaporize. I don't know if this is "it" but I know it is coming. I also know how the majority will respond. It will be with an increasing bitterness and cynicism of "there is no place else to go." One of the things I have learned over the years in trading is the foolish tendency of people to just stare stupidly at a screen as an investment tanks, holding to a forlorn hope that "it will come back.... it can't go down much more..... it has to bounce somewhere....." and it does bounce.... down around zero. When it is dumping DUMP IT! Get out now. I shorted citibank stock in 2008 at 25 (it had already sold off over 35 per cent). Covered at 12. IT WENT DOWN TO UNDER A DOLLAR. "When in doubt, get out." However, this may be instead like a worldwide Enron. When it goes bust, the markets will simply close (the governments will do that to "protect you" ... because 8000 elephants cant all fit thru that door at once. You can stare at that screen and watch the "price" go to less than 3% of what it was..... then you will be able to sell, as "order has been restored." Don't be that guy, is my advice.
I have been convinced that the entire US/Western/ and in fact WORLD financial architecture is rotten, tottering, and due for correction since 2002. What has happened instead is that the guys at the top have in fact guaranteed that when the "correction" comes, it will be with a devastating crash. I do not know if Ukraine will push this over the edge. I think so, but I thought so in 2008 and I was wrong then. I do know it will come. You cannot obviate basic economic laws, and the world banking structure is very much like Wile E Coyote, who has run out past a cliff and is just now realizing there is nothing under him but air. The bottom of that canyon is deep.
It is NOT too late to begin hedging with gold/silver/various commodities (no, you are NOT going to save yourself with "lead", though you should have some!). Those who have placed their trust in the head bobbing minions of central bankers (CNBC and the financial "industry") are going to be ruined. I am not saying this with glee. It is rather an invitation to liquidate and reposition assets out of the vapor we have assumed is "wealth."
Get independent. DOWNSIZE. Diversify your portfolio (if you stay in equities) to oil and gas, farmland, basic commodities (fertilizer, metals and mining) and GET OUT of tech, FANG type stuff, anything related to finance/interest or debt/housing etc. DO NOT look to the professional IB crowd to give you advice on how to hedge. They are going to recommend what they know, which are LEVERAGED INSTRUMENTS THAT DEPEND ON THE FISCAL STABILITY OF THE SYSTEM TO PAY OUT. You have no idea how close the large insurance companies (AIG in particular) came to simply defaulting on the darling of the last 2008 mess (credit default swaps). SOMETIME (and it may just well be this time around) the fed is going to step in and say "we will pick up the bill" and the world is going to say "with what?"
I don't say this with any glee or "I told you so".... even if I am (finally) right. I might not be right on timing when the foundation will finally crack. I am telling you that it is groaning, and Ukraine/Putin etc may well be the bulldozer that shoves it over. Be smart.