Everyone.
If you are a big investor, a small one, or even just an ordinary wage or salary earner. Do yourself and family a profound service and urgently watch these short videos. Hopefully you will be able to at least potentially avoid losing all your life savings, while it seems most others will.
These are relatively independent, very well informed people who in my humble opinion KNOW what currently is happening. I’ve personally been through a big stock market and liquidity collapse before, and have learned one thing: It is usually a relatively small group of independent professionals like these who often vividly understand what is happening way ahead of all the big business arrogant ‘high flier experts’! Really, I thought Greg Mannarino’s presentation today was absolutely superb, but I have included a couple of others as well, who are all more or less saying much the same thing. I will try and make my comments very brief because all the videos are pretty much self explanatory:
STOCK MARKET CRASH – YOU ARE IN ONE. By GREG MANNARINO
https://www.youtube.com/watch?v=9350a8oYvac
4 BIG C’S LEADING TO THE CRASH: CONFUSION, CONTRACTION, CONTAGION, CHAOS
https://www.youtube.com/watch?v=mWVTZUZ9LPA
APPLE STOCK COLLAPSES 10%!! MARKET CRASH JUST GETTING STARTED!
https://www.youtube.com/watch?v=WwSPbxbLK74
To illustrate how serious this collapse was today dominated by the decline in Apple Inc. shares. Apple shares have now dropped a staggering $446 billion since October 2018! The majority of Apple shares are owned by financial institutions, pension funds and mutual funds. Believe it or not, one of the biggest shareholders is the Swiss National Bank based in Zurich, Switzerland. In fact, the Swiss National Bank is so heavily invested in US stocks, it too could go under if the market continues to implode! You can view the stocks that the bank holds here: https://www.nasdaq.com/quotes/institutional-portfolio/swiss-national-bank-913041
Now if you look at the GLOBAL STOCK MARKETS, about 84% of all stocks are owned by financial institutions, pension funds and mutual funds.
Pension funds alone own a huge share of the market. Now what is starting to happen is that as the earnings and share value of Pension Fund holdings are beginning to decline, meaning that to continue to pay the ‘baby boomer’s’ rapidly increasing pension claims, they will soon have insufficient funds coming in to service this growing liability. Therefore, they will, at some point in the near future, be forced to aggressively start selling shares to meet their pension payment obligations. As the value of the shares (like Apple) decline hugely in value as they are at present, they will be forced to sell even more shares thus pushing the market down even more rapidly.
To alleviate this phenomenon, the Central Banks could again print trillions more in funds to bail them out and stop this happening temporarily. But this would cause hyperinflation. Either way the public loses! We say in new Zealand; “If Uncle Sam gets a cough, then we get the flu.” Don’t think that if the US goes down we all will not be severely affected as well! We will.
So for what its worth. This is briefly what I think:
People should get out of debt the best they can, especially commercial debt.
If you have the cash, prepay as many coming expenses as you can, provisional tax, land rates, insurance, school fees, etc.
Keep plenty of emergency cash and provisions at home and DON’T tell even your best friends about it! Basic things like tyres, soap, toilet paper in previous collapses have almost been unobtainable. In hyperinflation, in a month a bar of soap could rise from $1 to $100! Yes. That’s right. It has happened many times before.
Get out of the stock market, pension funds if you can, and don’t leave any funds on term deposit, but only at Call, or better still, don’t leave too much in the bank at all, not even Swiss banks as their currency is a fiat currency the same as all others.
This time its going to be nasty and it is going to involve a global banking and currency reset, and probably will birth a new GLOBAL cashless digital currency and banking system.
LASTLY, never ever believe what any Government spokesman, mainstream media puppet, banking expert or financial expert tells you. In the majority of cases in the past, they have proven in any emergency they are almost always bare-faced liars.
A ‘PERFECT STORM’ is developing. To be forewarned is to be forearmed!
However, do appreciate this is not financial advice, only my personal opinions. You must do your own prudent research before making your own financial decisions.
Cheers.