In this X22Report Spotlight Dave interviews Clif High the author of the ALTA (webbot) report. Clif tells Dave that the economic crisis will start this year and last for five years.
37 minute video by X22Report Spotlight published 8 February 2017
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I am not affiliated with the X22 Report, other than being a fan and avid follower of X22 Report.
The purpose of this post is to raise awareness of the X22 Report, give Dave's work a wider audience, and direct traffic to Dave's YouTube channel.
This has been the best interview I've seen.
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Deflation before Hyperinflation as Mike Maloney suggests? Timeline and how fast this will all unfold will be very interesting.
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"When" and "for how long" are the big questions.
It seems that there will be hyperinflation of the things we need and deflation of the things we don't need all at the same time. The things you need are those items you need everyday to survive. The things you don't need are those items you can really live without.
Harry Dent has always said that there will be deflation first when Mike Maloney was saying hyperinflation. I have seen several discussions of their conversations. I think Mike Maloney's position is correct, deflation before hyperinflation. I would add that there will be a time of overlap where there is deflation and hyperinflation.
I have never lived through a depression or a period of hyperinflation. If it occurs it will be all new to me. The only thing to do is prepare as best as possible while you can.
Steem on,
Mike
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This year has seen the same hectic start as we saw in 2016. Gold, Silver and the Cryptos are climbing. Ironically a major correction over night as someone cashed out however the climb will be on again. I forecast that we may see an amazing 7 to 8 months of "organised chaos". This could be the year that we have all been waiting for. If not, this depression/recession will be deliberately propped up for some years to come until the big boys are ready to take it down. Be prepared is all we can do and the longer they take, the greater opportunity we have to prepare, stack and pack. :)
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Who will be right, Lindsey Williams or the Web bot?
Did you seen that summary Jnsip4 did where Lindsey said in his new DVD that it's possible the elite won't collapse the markets for another 8 years?
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I agree with jsnip4 that Lindsey is not getting any new information and is just guessing.
The webbot has been kicking it. Although the timing of the webbot predictions is not always spot-on, the general trends predicted by the webbot have been more correct than Lindsey's lately. For that reason, I tend to lean much more to the webbot's predictions than Lindsey's predictions of late.
While I do like to listen to all points of view to form my opinion of what could happen, I view all predictions like weather forecasts. There is always a probability that a prediction may be right.
Right now I think the webbot's predictions for Bitcoin and silver & gold have been more relevant and meaningful predictions lately.
I would like to think there will not be any economic crisis for the next 8 years, but I will not bank on it.
Thanks for your comment and your support!
Mike
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As always Mike. Thanks for sharing. Shared on twitter. Cheers Mike. Stephen
https://twitter.com/StephenPKendal/status/829673668502515712
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