Loading ...
Everyone has been conditioned to play the paper or ETF game as more or less “day trading Experts”. Used to be, before the turn of this century, you paid your broker to buy actual stocks, you were issued stock certificates, and you just sat back and watched your shares grow until you cashed in the stock certificates. Now most people day or swing trade the ETF’s, which is under the thumb of the super computers like BlackRock’s ALADDIN (which owns or controls over 50% of all the ETF’s). ETF’s have no obligation to own anything they “track” in the portfolio they represent, and in fact, theoretically, when you buy a share of “XYZ”, that super computer can sell (short) that same “XYZ”share, thus nullifying your purchase. IMO that is why the markets have totally changed since the turn of the century as the ETF’s have been slowly introduced to the game. That is why when a stock should go up, it goes down. Good drill results are sold and poor drill results are bought. All logic has left the markets. Everything is being reversed by the super computers so they maintain total control of all markets today….but IMO, when the timing is right, the whole house of cards come tumbling down…and as WEF says “You’ll Own Nothing, But You’ll Be Happy”. (and broke) The only thing’s IMO that you can do to protect yourself are get out of debt, get Silver and Gold in hand, have a good supply of guns, ammo, and groceries on, and keep a low profile until after TSHTF! All FWIW. Better to Count your wealth in Ounces, not dollars.