“People are not making any money in stocks. “
Who?
If you have enough silver, gold, and ammunition you don’t need to worry about Wall Street.
You just have to worry about your government trying to take it all away from you.
BUMP for future reference!
Well, I wish I had a dollar for everytime I heard some “expert” claim everything was going to crash into some post-apolayptic hell. I fell for it in 1981. Never again.
“People are not making any money in stocks. “
It’s got ups and downs. I lose and I gain, mostly gain. I am making money.
Sounds like he’s trying to sell a book (which he is).
Dollar shortage? Not as long as the ink supply holds out.
I would guess that if crisis is that much on a hair trigger its gonna get set off when Trump is in charge...like day one if possible. Ive been expecting no less since he won.
“It’s one of the most difficult investing environments that I’ve ever seen in a very long time.”
That may be true if you are a “daily trader” like this guy apparently is. On the other hand, if you have bought and held a diversified portfolio of index funds like I have, it’s been a very profitable environment recently and over the long run.
Here is a good letter to Trump from an ex-CIA spy (if there is such a thing.)\
http://www.zerohedge.com/news/2016-12-24/former-cia-spy-has-surprising-christmas-message-trump
I particularly like his suggestion #7:
#7 You are being set up by Wall Street – a financial melt-down looms. More than one observer including David Stockman and Richard Fisher (former Dallas Federal Reserve President) and Brandon Smith of Alt-Market.com, has documented the massive bubble that will pop – deliberately – during your first four years. You appear to be aware of the threat but may not have considered at least one radical idea that could “checkmate” your financial opponents: a call from you to all US citizen debtors, particularly the young with student debt and the elderly with medical debt but also including those with credit debt and small business debt, to sign the Debt Renunciation Pledge shown below. This pledge to be located on a website to be created by Brad Parscale and funded privately, would strive to register $2 trillion in debt across 100 million debtors, each of whom would be explicitly authorizing you as a President to re-negotiate that debt. Michael Hudson, the most honest visionary economist we have in America, suggests that you need to orchestrate a debt jubilee anyway, but I see this as a superb check on the financial community and its plans to crash the system on their terms. You can organize a soft landing on your terms.
George Soros' play. He will move to destabilize the US too.
Had to see if this crap was written by Gerald Celente and was shocked to find it wasn’t.
The power brokers, bureaucrats and big money behind Clinton’s bid for the presidency will do everything they can to make Trump fail.
That is, everything except taking a chance on losing their own money.
Bkmk
Someone tell this guy that we don’t use physical cash anymore. The government’s been pushing virtual money with debit/credits. The government can create as many zeros as it needs.