The Setup
Sell everything you can as soon as you can and buy the USD - this is the advice people are being given by the “experts” as fear has set in. Forget about all those trillions that have already been created and the trillions more that will be created - it will never be enough to offset the deflationary losses that are currently causing this monetary crises. The world is headed for a deflationary depression worse than the 1929 Depression!!! Prepare for the worst, the unimaginable, the end of the world as we have known it.
Really? Is that what these experts really believe is about to happen and the one and only protection one has is to place all their wealth into fiat paper currencies where true value is only based on public confidence? The same public that as investors are wrong 99% of the time because they let their fear and greed dictate their decisions along with the fact that the average person follows the herd - right over the cliff.
These people need to take a course in economics and a course in monetary history - there has never been a fiat currency that has ever been created that hasn’t eventually reached its true monetary value - zero. It is also true that governments will always when in debt to a degree that it will never be paid off through hard work turn to expansion of currency and credit to pay off that debt and start over again. The printing presses will work full time and the keys on the keyboards will be creating ever increasing and ever changing digits until eventually all debts are eliminated. By now you would expect that the common man on the street knows full well that politicians will at all costs spend and spend and spend and spend regardless of the negative effect (depreciation) it will have on the currency. The way the game is played is to kick the can further down the road and make it appear that they are doing all they can to correct the problem - the very same problem they created in the first place.
Look at the current gold chart … look at the current USD chart. Are these charts with their indicators wrong? To someone who has looked at 1000’s of charts and have studied TA for years, they sure don’t seem to be indicating that one should be holding dollars here and selling off their gold positions. In fact these charts are showing just the opposite at this time. This recent move higher in the USD was totally orchastrated in order to create this crises and “scare the living hell out of everyone” who either can’t or refuses to read a chart. The populace has been set up to take their next big hit - destruction of the remaining wealth through depreciation of the currency. By the time they wake up to what is about to take place, it may very well be to late to protect themselves. Already it is nearly impossible to buy physicals in the market - they have seen to that. What will be left to run to - commodity stocks!!
You see, while they created this crises they have convinced the large majority to sell out of their positions - again I ask the simple question - if you sold who was buying?
Now that they have consolidated their power and made money on the downside, it is just about time to consolidate more power and transfer more of the people’s wealth to themselves on the upside. Watch and learn.
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