In this video, I talk with author and economic analyst John Sneisen about the imminent danger the US stock market faces following investors pulling $30 billion from US stock funds over the last 10 weeks.
Ron Paul recently claimed we could see a 50% stock crash in the next year, most of all very possibly in October following the debt ceiling decision on September 29th.
As John breaks down, the US dollar continues to weaken significantly. People are moving away from the US dollar as they see a massive tsunami ready to strike. The faith is being lost and fast. Unfortunately for the worthless fiat centrally planned system, they depend on that faith.
The Fed has printed over 4 trillion dollars to bail out all kinds of derivative assets to save the banks.
As we see constant reports in the news that the stock markets are at all time highs, is that not eerily reminiscent of what we saw in 2007?
This isn't something a president can solve. It's a market reality and it has to fail alongside the fiat system. Trump can do nothing about it.
The vast populace is being tricked by bankers once against as they fall victim to debt and therefor the servitude to the state and banking system which comes with debt.
An in debt populace is a subservient populace.
"As the banks sell high, you're buying high" John points out.
With the massive amount of money being pulled out of US stocks, these are the big investors pulling out and it's been in the making for a long time. Many are stocking up on things like gold and silver as well as other tangible assets. This should be a lesson to all of those out there being used and abused by this debt based, manipulated system. Do what the establishment does. Buy gold and silver. Stock up on sound money. Be financially responsible. Be self sustainable. Food, water, shelter, defense and sound money as well as diversification in cryptocurrencies like Bitcoin. Escape the central banking system at all costs and save yourself from the debt based derivatives markets.
As John points out, this is entirely caused by government manipulation in the long run and it once again goes to show how much more sturdy and dependable the free market is. True individual demand, not propped up "too big to fail" corporations that are entirely dependent on the government's magic hand.
This stock crash will be on an epic scale like nothing we've seen before and the rest of the world will be affected dramatically as well. This just goes back to the importance of your ability to sustain your own life outside of any form of dependency. This is far more likely (despite the loss of fundamentals in this manipulated market) to happen in the next year than in the next ten years as the one an only Dr. Ron Paul made quite clear in his recent warning.
Then one has to ask how this will play into the SDR.
We will continue to report on this situation as it will no doubt unfold, fast.