GET READY FOR THE FREEFALL COLLAPSE -- Mitch Feierstein

in economy •  7 years ago  (edited)

by SGT, SGTreport.com

Mitch Feierstein returns to SGT report with an urgent warning, get ready for the free fall collapse. "We are in a euphoric bubble blow off top."

Mitch explains: "I've been talking about the Swiss national bank intervening in the equities markets along with the European central bank buying corporate bonds, which allows companies to buy their stocks back, which pushes the markets even higher, inflating the bubbles. It's a bubble machine. How could anything go wrong in an environment like this when you have unlimited money printing going on? Bad things happen when you print money."

Visit Mitch at his site:
http://planetponzi.com/

Thanks for tuning in.

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http://thelibertymill.com/

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Diversify into different assets, crypto, precious metals

Don't forget bullets!

yes, it's not your unless you can protect it

Agreed, and do your best to hold your private keys (with crypto) and consider physical ownership of your precious metals.

Everyone holding more than a few crypto coin are liable to see a day when their coin value is over a million in terms of fiat. They had better be thinking NOW how they will capture (recognize, collect) this paper gain.

Wealthy people are used to moving large amounts of fiat. Poor and middle class folks are not.

spot on dj. PHYSICAL precious metals.

Our Reality!!!

afde283b3b64936bf6a43d549031bfb4.jpg

I want something to happen and scared about it at the same time.

Any collapse in traditional markets will increase the value of cryptos, gold and art.

Cryptos especially because they have the potential to immediately step in and replace liquid currency.

If a major currency disappeared tomorrow with a few downloaded apps the people could carry on trading with any number of alt coins.

THANK YOU FOR THE UPDATE

Thank YOU for stopping by Steemit@SGTreport :)

when the market crash everyone will run to crypto and Bitcoin​ will be skyrocket

Interesting point! But what makes you think that? If people sell in a market "crash", they mostly panic and want to hold the "safest" asset which is cash. So if the stock/bond/commodity markets crash it's definitely also a possibility that the flight to cash will cause the crypto markets to crash too... (just look at gold during and AFTER the GFC)
best regards!

The next crash will not be the stock market but a SOVEREIGN DEBT CRISIS, governments will be broke and unable to borrow, limited ATM withdrawals closed banks etc.
Cyprus was a test case to see what would happen, that is coming to the world, most likely sometime in 2018 unless they can stall the crash a little longer but not forever.

when that thing happen all transaction​ using Bitcoin​ will be awsome

if the demand is high the price will skyrocket remember the John McAfee he is bullish for 3 year 500000usd per bitcoin​ not me saying John McAfee the founder of Mcafee antivirus

Diversify assets and everything will be ok. Cryptos are still under the radar but I believe as things crash money will be moving to save themselves and then cryptos and precious metals will soar.

the boom - bust is just like life itself. boom when you are young, high prices to join once you mature, and bust when you get old. But don't worry about the burst bubble, Nathan Rothschild said " Buy when blood is on the streets, even if the blood is your own."

sell all the stock market now

I am hopping to land safely from all these bubbles :( ... but everybody say it will be very hard.

Thanks sean! Another good vid

thanks a lot wakeup.

Thank you for the update

SDBullion.com ftw

Anyway - nice and useful info !!

Well I think for investors its good news but who cares

I'm gonna take the other side of the coin here. Everyone and their brother and their sister thinks there will be a crash. And of course it will be in the fall. With everyone expecting it, I say it doesn't happen. I think they keep the game going a little while longer. Maybe a few years longer. No one really knows. We shall see.

I read Mitch's book PLANET PONZI so I know what is ahead for all of us and It ain't nice. Most people do not have a clue what is about to hit them. Anyone relying on government is in for an even worse time.

Martin Armstrong Reports the following and he is not known as the Forecaster for nothing.
ECONOMIC CONFIDENCE MODEL
From an economic viewpoint, the economy turned down Wed. Sep. 30, 2015 on a global scale coinciding with our Cycle of War on the international model.

We should see the economy turn downward into a steeper recession moving into Tue. Oct. 24, 2017, which is the next turning point on the Economic Confidence Model followed thereafter by Tue. Jun. 12, 2018.

Caution is advisable for it appears we should see an overall recessionary trend emerge on a global scale this time.

The critical political target on our Pi Model will be Mon. Oct. 22, 2018, where typically important political events unfold. Overall, this economic decline should continue into the next low of the Economic Confidence Model which will be due on Sat. Jan. 18, 2020.

Great recap: "Caution is advisable "

The ECB has been printing money for a long time its not going to have a happy ending is it by the way it's not just them unfortunately. Great article cheers mike

Of course this collapse will be sooner or later, but i am listening about it for a couple of years now. And everyone says soon, soon :)

Good job

One of your best yet @sgtreport. You set a high bar. Resteeming and upvoting. Thank you for your ongoing effort and high quality work.

oh my, we all know the next collapse is coming... BUT WHEN ?!?! WHEN ?!?!?!?! (-:

My question as well.

thanks fo this post @sgtreport :)

Great infor

The VIX at these levels shows a highly complacent attitude in the market. It's like people just close their eyes and buy expecting a capital gain no matter what. Definitely a sign of a bubble!

Building # 7 is that big 900 lbs gorilla 🦍 in the room that nobody in the deep state can dismiss , or talk about without looking like a total farce ❗️I'm a trained mechanical engineer with a background in structural engineering as well . The trolls hate me , and one even said he'd like to find me ⁉️I told IT , bring it on bitch , I sleep with a .45 in my hand and an M1 GRAND under the bed ❗️My dogs will eat them before they can cry for their mommas ❗️🤣😂😁