"THIS IS IT !!!"

bi5h0p (55) in steemsilvergold • 6 years ago

DOW FALLS 800 POINTS TODAY - AGAIN.
BEAR MARKET / INVERTED YIELD CURVE BECOMES OFFICIAL TODAY.
"Smart Money" is using the stock market rallies to dump their holdings.
Central banks are acquiring physical gold at record levels.
U.S. Mint sold out of Silver Eagles last month. Silver premiums are rising.
More and more experts are sounding the alarm bells.
Be prepared for credit freezes and resource shortages.

Courtesy of ITM Trading/YouTube Channel

DISCLAIMER: I am not a financial advisor. Anything in the above content is meant for educational/entertainment purposes only. Do not make trades based on this article. I am not responsible for any financial gains or losses you make in regards to this information.

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6 years ago by bi5h0p (55)

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buysmoke (33) · 6 years ago

And the markets are closed tomorrow, too. Bad timing!

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2 votes

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ddrfr33k (63) · 6 years ago

So you think we're facing another recession? Or will be in the near future?

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1 vote

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bi5h0p (55) · 6 years ago

In the near future. Maybe not tomorrow, maybe not next week - but, give it a few months. The US Petro-Dollar system was designed by bankers with an end in mind. It is definitely on its' last leg. Certainly the music stops in 2021, when the LIBOR comes to an official end. I doubt it will last through 2019. If you don't know what the LIBOR is, do some research and you will be surprised that hardly anyone is talking about it. Basically, it means that $300 TRILLION worth of outstanding contracts will have to have their interest rates re-negotiated (even a tiny rise in those interest rates means the END of all FIAT paper currency). Frankly, I'm surprised it has lasted this long. There is a very good reason why central banks and countries have been stacking physical gold: when the World Reserve Currency crashes and gets re-set, nobody is going to want to put their trust in anything that is not backed-up by hard assets (land, oil, gold, etc.)

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1 vote

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buysmoke (33) · 6 years ago

I'm not a magic 8-ball, but the answer is:

IT IS MOST DECIDEDLY SO

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2 votes

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freebornangel (73) · 6 years ago

@magic8ball

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gabriellasam (44) · 6 years ago

we are going through a dark moment.nobody knows what the situation will be in the next coming months unless being prepared for what is to come.

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1 vote

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bi5h0p (55) · 6 years ago

Actually, we can have "some idea" of what is coming based on the history of wealth transfers. Throughout history, there have been 7 major wealth transfers. Each and every one has something to do with substituting paper/fiat money (or something less valuable) for gold and silver. Then, when the monetary system resets, those holding the physical gold and silver are the "winners." It's like musical chairs - and if you don't know what game you are playing, you will be left with nothing when the music stops. Trust me when I say you want your chair to be made out of gold and/or silver as opposed to paper - which collapses every time. Right now, precious metals are way undervalued compared to other asset classes (stocks, bonds, ETFs, fiat currencies, etc.). They will be the main "safe haven asset" in this coming downturn. But, they will then become overvalued themselves, and money will move into another asset class - probably cryptos in the next 2-5 years (they aren't quite yet ready to roll out). And, in the immediate future, there could well be a fiat re-valuation that is world-wide, where all currencies are printed into infinity before 'the powers that be' finally allow this current system to fail - if they don't lose control of it, altogether.