"I phuckin told you so"

I wont rub it in because its not the nice thing to do, but I hope my relentless crying about what was to come starting in 2012 helped some of you.

Don't worry about Gold and Silver being down because it wont last. Once the recent "margin calls" are done the sell off will be over. Gold and silver will go up once they drop rates another point next week, but that will not be what really makes it go vertical.

Gold and silver will unpin when the credit markets officially collapse. when the dollar starts to noticeably start to crash. When the financial system starts to go down. When people realize the dollar has been printed to oblivion.

{Deutsche Bank} https://www.marketwatch.com/investing/stock/db

Watch Deutsche Bank, who carries all of Bear Sterns debt, all of Europe's debt, 300 trillion in derivative exposure. They could officially go bankrupt any minute, they are on "death watch" now. When Deutche Bank goes it starts a chain reaction where Gold and Silver skyrocket.

"Bitcoin" is a fake out as are all crypto currency. All crypto's are tied to "energy" consumption and Oil. If the economy is not running on all cylinders crypto currency will not be good.

Deutsche Bank will take nearly all of the banking industry will it as well as nearly all private deposits world wide. Have you ever heard of the term "bail in"? You are on the hook when the banks default, no FDIC protection anymore...

New currency issue very soon, not to replace but to compete with dollar.

Bail out to consumers coming soon "cash", "Treasury notes". How much physical cash will each man woman and child get? 50 thousand, maybe 100 thousand. What is 300 million x 50,000? Is that not 1.5 trillion?

In the last two days the FED injected about 4 trillion dollars into the stock market and financial sector, is it a big deal to give each person in America 50 thousand in cash? Nope it aint.....

Is there a chance that Trump does not get re-elected if he gifts Americans 50 thousand each in Treasury notes..... Will that help the economy recover?

Treasury notes= no debt, no interest, its the same as buying with gold or silver, the notes will have inherent value on their own backed by the constitutional republic.

Will they have a comparable value to "reserve notes"? Will they be more or less desirable than reserve notes? Will they have more purchasing power than "reserve notes"?

This is coming very soon.

This will also require a separate banking system because the Treasury notes will not be interchangeable with fiat currency, it will be a totally separate things, it will be valuable, stable money vs unstable hyper inflated money.

I never mongered fear just truth so you could be prepared. If you listened to me you would not be upset right now, or in fear. Unfortunately you are both upset and afraid which tells me you never listened to anything I have said over the past 8 years.

You ran around like chicken little for a decade while the market went on a record bull run.

Then a global pandemic you didn't predict broke out, leading to a big market correction and possible global recession.

And here you are fear mongering and patting yourself on the back because a market correction a decade in the making took place due to a pandemic you didn't predict.

lol

Piss off, Rich.

Shocked.

A charlatan and conman in the White House who spends us directly into bankruptcy, and a pandemic that doesn't respond to his lies like his ballwashing cumguzzlers do.

What could go wrong?

Oh, yeah. This. Exactly.

Fish on...

Todd

You are a fuckin liar, Rich. I usually ignore you when you are just acting like your usual stupidfuck conspiracy theory loving idiot, but this is it.

What you do is place a bet on every number on the roulette table and when 99% of your bets are wrong, crickets. Sooner or later the ball will land on one of your numbers and then you are all, "I told you so". You fuckking dishonest piece of shitt.


Have a nice day.

Dan this whole thing is not about a "market correction", if that is what you think you have blinders on...

This is about destruction of the old system and implementation of a new system. Criminals who we thought were looking out for us being arrested and likely executed for their crimes. New currency and a new system.

The virus is not the cause of any of it, it was part of an engineered conspiracy to bring in this change.

The first criminal that needs to be taken out back and shot is Trump, quickly followed by his criminal brood.

If it were a just world, then all of his enablers would be next, hung from the nearest tree as a warning to rest of the selfish criminals who prop up conmen to line their own pockets.

That would be a good start.

Fish on...

Todd

Damn Rich, that was so smug I smelled a dog fart while reading it.

Hope Rich isn't right and I don't think he is, if he is right I'm sure I won't be posting any "atta boy, we misjudged you" on PP, only because in a Madd Maxx world I would guess the internet may be down for a bit, on the other hand if the virus runs it's course, the market returns to biz as usual it would be kinda cool to see Rich start a thread, "Sorry, I guess I was wrong" and then go on to admit that he doesn't have a clue what he is talking about and apologize for any undue stress he and his ilk may have put on some of the softer souls he has tried to unhinge.

Rich has been, as a rule, spectacularly wrong, without ever once acknowledging it...he just moves on to predicting the next doomsday.

The virus will burn out, everything will go back to normal, Rich will crawl back under a rock for a bit...and then come back with another kooknutbatshitcrazynuts conspiracy from some website full of dimwits like nothing happened.

That has been his modus operadi for over ten years here.

Fish on...

Todd

How is yelling Yield curve inversion any different than the Charles Nenner doom porn Rich is pedaling?

How did you hedge your positions when the inversion took place?