Stocks deadcat bounce, CNN claims it was a GOOD week!

in hive-167922 •  5 years ago 

World markets are in panic - even worse in many ways than the 2008 crisis. After last week's shocking plunge, this week was a clear deadcat bounce, but the mainstream media is painting a rosy picture. I don't buy it!

Seeing that and then reporting "Stocks finish the week higher" is fairly ridiculous, but that's CNN for you. "Run for your lives" might have been a bit over the top, but something like "Potential further downside next week" might have been prudent.

I wrote an article 3 weeks ago - which turned out to be the exact moment of the all-time high - in which I said "The recovery since 2009 has been a fraud [that] seems to be coming to an end. At some point, that's going to end in disaster for everybody still involved."

The very next day began the selling, and volatility, which continued all this week.

Meanwhile, oil has plunged to a low not seen since the 2016 crash. Gold has shot up to new highs in almost every currency other than the USD, where it surged to $1680 today despite being hammered by severe manipulation. Cryptos got punched, but they're holding their ground well. Meanwhile, bonds are at record catastrophic levels, and even though the Fed just cut interest rates by half a percent, the market has priced in a further 0.75% cut immediately to avoid collapse! The system is on the brink.

But that's the plan.

None of this was ever sustainable, and it wasn't meant to be. What's happening now isn't an accident - it was all decided long ago, except exact details and dates. The crash is to bring a reset, which will be to benefit the elites, the owners of humanity, the banking dynasties and royal families and religious fundamentalists who control almost everything on the planet.

The virus is a problem, yes, but really it's just the excuse for everything coming crashing down. Whether it was a bioweapon accidentally escaped from a Chinese lab, or a bioweapon purposely released in China and Iran (the deep state's direct enemies), the effect is the same: Supply chain disruptions, banking instability, fear, exchange of wealth, and a massive power grab.

Summary

The media are lying - it wasn't a good week, not in any stretch of the imagination. Indicators across the board, in all markets, in every country, are flashing warnings. From totally normal to complete panic in just 20 days. And look at the first graph - there's a LONG way to come down, if that's what is in the cards. And it feels like it is.

It's time to let these banks and phony manipulated markets go away. We can do our part and own physical precious metal, as well as keep ourselves as prepared for any outcome as possible.

When things do come down, like really down, and a new system is offered, you'll be given a choice. Either you'll accept technocratic slavery and total control for you and your family, or you'll have to fight, kill, and maybe die to stay free. This is where we get to choose what team we're on - the people, or the machine. The machine wants the people dead. Either you help kill your fellow people, or you help your fellow people kill the machine. Be ready to make that choice at a moment's notice because that time is coming soon.

(This article not meant as fear porn, propaganda, social engineering, financial advice, or cooking tips.)

DRutter

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What a post! I agree that the collapse has been imminent for several years and the central banks have been doing whatever they can to keep pushing it off.

Monday we will get a nice bounce up as relief buyers scoop up cheap stocks but over the course of the following year there will be more hot air escaping this balloon.

Yes, there will definitely be large up days (and even weeks) during the bear market, but IMO, that's what has begun now, a new bear market for stocks. And the way down can be faster than the way up.. and this time there's a LONG way down to go. By design.

Nope, doesn't look like a good week to me, at all.
Next week should be fireworks.

Expecting us going into negative interest rates, banning of cash, and then helicopter money and then claim everything is just peachy.

Posted via Steemleo

Yeah, cashless society plus negative rates and free money from nothing.... complete nightmare in my opinion. Which is "just peachy" for the average idiot. :(