Posted on 05/16/2015 5:46:41 PM PDT by SeekAndFind
Doesn’t it depend on the ETF? Regular stock ETFs hold the shares and can just sell them for whatever they bring in a down market and give the money to the unfortunate customer. For other kinds of ETFs (e.g. leveraged) it would be much more of a problem.
ping
My new book entitled “Get Prepared Now” was just released
But I do doubt that the upside of over half of the globe entering the 21st century has been priced in and the stock market is a forward pricing entity.
In fact, I believe that the greatest stock market crash in U.S. history is coming.
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I also believe that we are on the verge of a major world economic system collapse.
I posted the following on another thread yesterday:
Most people are not seeing REALITY.
Here’s what Bill Holter of Miles Franklin has to say:
https://www.youtube.com/watch?v=60sA0iDQtLI
“That didn’t take long did it? I of course am speaking of the second overnight and global meltdown of the credit markets …in the last four business days! Before getting into this topic which I believe will soon be seen in retrospect and by historians far into the future as “THE” trigger event.” (sic)
(snip...)
“...this you must understand, “power” is currently debt. The control of debt is also the power of prices. Once debt breaks loose and trades out of the control of central banks, these central banks will also lose the control to price everything else. We have come very close twice in the last four trading days of the credit market control being broken. Will loss of control be on the next convulsion? Or the next? I nor anyone else knows this answer, I do know the greatest margin call in all of history will be issued … and it cannot be met!” http://blog.milesfranklin.com/a-foundation-of-bad-credit-is-no-foundation-at-all
Pray ... and prepare!
I am no financial expert or economist. My reading of history tells me that every time "money" is separated from intrinsic value, as with all the world's fiat currency, it always collapses. My reading of history also tells me that those who profit from this engineer use of the worthless fiat currency precisely to transform it into real wealth prior to the collapse. The collapse is normally followed up with war to both divert the wrath of those suffering and to kill them off.
We have been on this stairway to hell ever since Roosevelt stole our gold and Nixon took us off the gold standard. It's not a matter of if. It is a matter of when. And that could very well be now!
Those are sobering words.
And without a doubt, we are in the midst of a massive stock market bubble as well. The chaos that is coming is not just going to affect bonds. In fact, I believe that the greatest stock market crash in U.S. history is coming.
So when will it happen?
...
History suggests that it will happen when the Fed raises short term interest rates to the point that the yield curve is inverted.
My reading of history tells me that every time “money” is separated from intrinsic value, as with all the world’s fiat currency, it always collapses.
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Product of good knowledge of history & basic common sense.
I am also aware of what happens when huge numbers of people remove God and His ways from the center of their lives/culture.
Prepper ping.
Indeed!
So, in addition to prayer, how to prepare?
Most all Naval Officers I know, including my husband, are also GOOD men! :-)
You and your family should discuss this and have a PLAN. You can also get many ideas online. Where would you all be to be in a relatively safe place? How will you get there? Would you remain where you are? How will you communicate with one another? Prepare as you would for any lengthy disaster, asking God to guide and protect you and/or, if in a neighborhood, get to know everyone and work together to prepare (protection, sharing of resources/talents/skills, etc.).
Even though the thought of all this still seems just *OUT THERE* ...it’s looking MUCH more probable than ever before. You may find some really practical ideas here too: https://thepeppyprepper.wordpress.com
Good move! Thanks. Kartographer is the best FResource for those who want to know how to prepare.
:-)
Bump for reference.
Thank you...I am afraid that ‘prepping’ is sort of like tempting fate to me...if you do it, it will come...
I don’t have the close family ties anywhere nearby or the close connections to like-minded neighbors to work with. I will check it out, though.
Everything starts with good moral character. It is humbling that we measure up.
Hayek is looking smarter everyday.
L
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