Stock Market Crash, The Upcoming Economic Collapse And The New World Currency

My friends and family have heard me speak a lot about the global economic collapse and the huge wealth transfer which I believe will take place by the end of this decade.

The beginning of this process will be a crash of the stock market, and end with the collapse of the US dollar as the world leading currency, as well as all the fiat currencies tied to it.

To learn more about this topic, I highly recommend you watch the YouTube series "The Hidden Secrets of Money", it's fascinating.

I'm not here to go into this in details, but rather give an update on the current situation and where I think we are in this timeline of events.

Some of you already know this picture of the January 1988 cover of The Economist. 30 years ago, they predicted a world currency by 2018.

Rather than a prediction, this was in my opinion a declaration, as this magazine is mostly owned by the Rothschild family, who owns and controls a vast majority of the banks around the world, including the supposedly state-owned Federal Reserve.

This same family's net worth is 10 times that of the entire crypto market, sitting at around 2 trillion dollars, which can give you an idea of how much of an influence they have over global economic trends.

Going back to our story with The Economist, here's a short excerpt:

" Thirty years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favored by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century. "

This now famous prophecy of the Phoenix has been talked about a lot in the crypto sphere as everyone would like to believe that Bitcoin is the one. We can come back to this later, but there's something else I want to discuss for now.

If you have a closer look at the coin, it is written TEN 10 PHOENIX 2018.

There is of course a lot of meaning behind the symbol of the Phoenix: when it perceives its impending death, the phoenix ignites itself into a magnificent fire. In time, it reemerges from its own ashes – reborn, renewed, and very much alive.

Put into context: when the world leaders perceive the impeding death of the current financial system, they let it collapse so a new one can emerge.

Now why would they bother putting those numbers on there if it wasn't meant to give us some information?

In my opinion, it is a date: 10/10/2018 or October 10th 2018. This was a few weeks ago, where we had this massive sell-off across all markets.

Now I'm not here to write some spooky conspiracy theory and draw conclusions from it, but I do like to investigate, make connections and I do sincerely believe that the world economy is indeed lead by a few rich families who have long term plans and visions for this planet. Whether those will benefit us or not, that's a completely different conversation.

I want to focus on the stock market for a bit. Have a look at the DJT (Dow Jones Transportation) weekly chart:

For the first time since 2015, we closed the week below the 50MA. Last time this happened we had a one year long bear market.

And for those of you who know a bit more about technical analysis, you might spot the very obvious bearish divergence between the price and the RSI.

This chart is screaming for a correction. Not a small one, and not a quick one.

You can find the same pattern on the DJI, S&P500 and Nasdaq, however the correction isn't as bad yet, as the DJT is often the one leading the trend.

All these charts are showing the same patterns we had before the 2008 crisis, however many experts believe it will be much worse this time in terms of the effects on the global economy.

In their words, 2008 was just a short lived warning for the real earthquake that is coming.

Now I wouldn't swear that this is it. Maybe we go on for another year or two, but the longer we go on, the worse the crash will be.

Most likely we'll see a small bounce with some sideways action for the next few months and see a real solid crash in 2019, 4 to 8 months from now, if we repeat the same as 2008.

Now our interest here is on crypto, so the real question is: how will this affect the price of Bitcoin and the rest of the crypto market?

In the short term, I believe the cryptocurrency market could correct along with the stock market, as seen few days ago with a huge instant drop due to panic.

That is simply because bitcoin and other cryptos are still considered highly risky and speculative assets, and in times of growing fear and panic, people sell them quickly.

In the long term though, I'm a lot more hopeful. Here's why:

In my opinion, Bitcoin is on its way to become digital gold. And what I mean by digital gold, is REAL money, acting as a hedge against the devaluation of fiat currencies and the ever increasing inflation.

In this last chart I show you the relationship between the stock market and the price of gold. You can see how they are opposite, and how gold had an immediate bounce while the S&P 500 was dropping.

Gold and silver mining stocks have also seen a really nice increase in the last week, confirming this trend.

These two precious metals have been the only real money for the last 5000 years, simply because they've always kept their original value. Fiat currencies are not stores of value, because they keep on depreciating, therefore they are not real money.

When we think gold keeps going up in price, it's actually the dollar and other currencies which keep on going down. And every time we keep on printing more and more bills, at some point that currency collapses, gold comes back and swallows it back, "increasing" in value.

This has happened time after time, and it will very likely happen again. And for the first time in history, we have another real money which can act as a store of value: Bitcoin.

Bitcoin, just like gold, has a fixed limited amount that we can mine, which makes it an increasingly rare and expensive asset, as long as there is a global consensus on its value.

In a digital age, the rising of a digital, fast and internationally transferable gold makes perfect sense. However I don't think that the original cryptocurrency is ready yet.

Transactions are still too slow, too expensive, mining requires too much energy, and investing in Bitcoin is still lacking safety and practicality.

Good news is that solutions are underway: the lightning network, the ETF for masses, and custody for large investors. It's only a matter of time.

When? 2019 the latest.

If only 10% of the gold market could go into Bitcoin, that would give us a price of $300K / BTC. I would never bet on such prices, but my point is that going back over 20k, and then doubling to 40k is far from impossible.

The other reason why I am rather confident in Bitcoin being used as a hedge, is how some of the biggest names of Wall Street have been acting in the last year.

They talked very badly about Bitcoin, bringing the prices down, while at the same time doing everything in the background to get more and more involved.

Never listen to the narrative, but watch their steps closely. The same people who called Bitcoin a fraud at 20K are now investing millions of dollars at 6k, buying it from the average investor who is too scared to hold on to them, stealing their pension.

Just like when I see China and other countries accumulating huge amounts of gold, it indicates that they are preparing for something big, I believe the same is happening with the giants investing in Bitcoin and cryptos.

The migration is already underway, the transfer of wealth is already happening, and there are a few assets you can bet on:

Gold and gold mining stocks, silver and silver mining stocks, bitcoin and the few cryptos who will survive the test of time.

The best thing one can do is educate himself and think like the 1%, always being one step ahead.

Even if Bitcoin was to drop below 6k during a panic sell-off, I'm still confident that it will increase in value in the coming years.

Please share your thoughts and insights on this, let's start a conversation!

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