Loading ...That’s good to know. Sounds like your beating it and on your way to recovery. Don’t fall off the boat though keep up what you need to keep up till it’s gone.
Roach
So the USD is down to 94 or so and he’s predicting a crash?
Wasn’t the USD down in the 70’s around 2006?, 2010?
Got a long way to go before he is right.
Thank you Goldie! –
I feel much better since my fever broke.
Aquila
Here’s the protocol for preventative and outpatient when you have it.
https://covid19criticalcare.com/wp-content/uploads/2020/11/FLCCC-Alliance-I-MASKplus-Protocol-ENGLISH.pdf
Yale University’s Stephen Roach has predicted the U.S. dollar’s demise in 2021.
- Roach points to the growing current account deficit and the declining net-national savings rate as the two main factors pushing the dollar down.
- The dollar has declined against most major currencies over the past six months. Other analysts are also predicting a sharp loss of value.
The U.S. dollar will crash in value by the end of 2021, according to senior Yale University economist Stephen Roach. He also said the probability of a double-dip recession is now over 50%.
https://www.ccn.com/us-dollar-will-crash-2021-senior-yale-economist-warns/
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(Reality check: no central bank holds enough gold to put their fiat currency on a hard metal basis)
They do if the price of gold is revalued.
And that revaluation would need to be many multiples of what it currently is.
A zh reader=hyperinflation needs a catalyst, like millions of freeloaders getting evicted from their apartments and homes where they haven’t paid rent/mortgage for a year.
Or, like the end of federal unemployment on Sept. 6
Or, like an obvious vote stealing operation for the 2022 elections and a sclerotic SCOTUS.
Or, a mixed climate/delta variant lockdown on the west coast, yielding a refugee situation.
I suspect that by the time hyperinflation starts, the leftists will have only diverse employees. If that’s the case, the catalyst leads to a race war.
And there’s your hyperinflation scenario. Will you die on your knees ?
PREEMPTIVE AFFIRMATIVE ACTION is how YOU take CONTROL.
Count your blessings
Former Police Officer Recounts Witnessing ‘Industrialized’ Organ Harvesting in China
At the sound of gunshots, prisoners fell lifeless to the ground. Their bodies, still warm, were carried to a nearby white van where two white-clad doctors awaited. Behind closed doors, they were cut open, the organs carved out for sale on the transplant market.
The grisly scene, which sounds more like the plot of a horror movie, took place in China more than 20 years ago at the direction of state authorities. It was witnessed by Bob (pseudonym), then a police officer who provided security at the execution sites where death-row prisoners were executed.
“The harvesting of death-row prisoners’ organs was an open secret,” Bob, a former public security officer from central China’s Zhengzhou City who is now based in the United States, told The Epoch Times in an interview.
Bob described being an unwitting participant in an “industrialized” supply chain that converted living humans into products for sale in the organ trade. The players in this macabre industry include the judicial system, police, prisons, doctors, and the Chinese Communist Party (CCP) officials who issue the directive.
The former officer used a pseudonym in sharing his experience to protect his safety. The Epoch Times has verified his police ID and other personal information.
His account from the mid-1990s sheds light on one stage in the disturbing evolution of the CCP’s long-running practice of harvesting organs from non-consenting donors. While Bob witnessed organ extraction from prisoners who were already dead, in the following years the regime would go on to implement—and deploy on a mass scale—a practice far more sinister: harvesting organs from live prisoners of conscience, particularly Falun Gong practitioners.
R640
You’ve been posting a lot of bearish articles for awhile now.
Are you actively trying to short this market? Or just trying to present the bear case?
The stock market is in its’ 11th year of a bull which is beyond ridiculous, but as long as paper currencies continue to weaken and rates are low, I don’t see any end in sight. Hell, even Zimbabwe’s SM went up as their currency crashed.
Buygold–not trying to short the mkt, really-I’ve been around too long to do that–I don’t trade much during a years time
I never day trade, on purpose—but lately I have felt that a big casino trade in long volatility is lurking out there somewhere…I’d like to catch it like I did in 2020 when I turned $4k of VXX call options into $160K in a weeks time…so I take stabs hoping to catch a wave…
When former Fed Chair Paul Volcker hiked rates to tackle inflation in 1980-82, the result was a severe double-dip recession in the United States and a debt crisis and lost decade for Latin America. But now that global debt ratios are almost three times higher than in the early 1970s, any anti-inflationary policy would lead to a depression, rather than a severe recession.
Under these conditions, central banks will be damned if they do and damned if they don’t, and many governments will be semi-insolvent and thus unable to bail out banks, corporations, and households. The doom loop of sovereigns and banks in the eurozone after the global financial crisis will be repeated worldwide, sucking in households, corporations, and shadow banks as well.
As matters stand, this slow-motion train wreck looks unavoidable. The Fed’s recent pivot from an ultra-dovish to a mostly dovish stance changes nothing. The Fed has been in a debt trap at least since December 2018, when a stock- and credit-market crash forced it to reverse its policy tightening a full year before COVID-19 struck. With inflation rising and stagflationary shocks looming, it is now even more ensnared.
So, too, are the European Central Bank, the Bank of Japan, and the Bank of England. The stagflation of the 1970s will soon meet the debt crises of the post-2008 period. The question is not if but when.
https://www.zerohedge.com/economics/drdoom-fears-looming-stagflationary-debt-crisis
Once the stagflation crisis hits one central bank, it will quickly engulf all central banks, and all fiat currencies.
We will be lucky if a depression is all we endure. There are no historical or economic precedents for the near simultaneous collapse of literally every major currency in the world.
The aftermath might be friendly to gold, silver, and crypto, but it will be a brutal process getting there.
(Reality check: no central bank holds enough gold to put their fiat currency on a hard metal basis)