The Flag is Still Flying
How long can this charade go on? Seriously! Hundreds of billions of dollars are getting pumped into the banks, yet the economy is supposed to be doing well? Things haven't fallen apart yet, but when? How much notice will we have before the landslide starts?
Ten years from now, what will the documentaries say about September 24th 2019? Will this be one of these days that the deep-voiced narrator says "behind the scenes the floor was falling out under the financial system as most people just went about their days like normal"?
It makes me think of The Office when Andy Bernard talks about knowing you're in the good ol' days while you're still in them. Enjoy these times right now, because everything can change in an instant.
Always. Be. Prepared. The sad thing is that many people aren't "putting by" as my Grandmother would say and in fact are laughing at those who do. When the you-know-what hits the fan, I hope it won't catch anyone with their pants down. Those with an "ear to hear" won't be surprised at all...
So true about many things. Since you used that specific language I'll say that one aspect of being prepared is being spiritually prepared. I've been watching some Jeremiah Babe videos on Youtube, and that's one thing he talks about. Many reject God, but that doesn't mean He isn't there. Many reject sound money, but that doesn't mean the hard times won't come. We can put our heads in the sand, but that's not going to keep us safe. I know a lot of people who think I'm crazy. They shut down as soon as I mention anything about the economy. They think I'm a kook. Sadly, one day they're going to see I was right; not because I'm so smart, but because I've been learning from those who are that smart.
And do a good turn daily. ;)
Well said, @themanwithnoname.
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Hey, @themanwithnoname.
Something is definitely not right.
You would know better what's going on with the metals market, but crypto's taking a hit right now. Does that make sense, when it should be the rest of the market?
I replied to you post, but I think it has to do with Bitcoin. It could be a focused effort to discredit crypto so people don't think that's a hedge when the world really goes nuts. It's really above my paygrade.
Just replied to your reply. We're playing comment tag on two different posts. Haven't done that in a loooooooooong time. Good times. Good times.
Still seems upside down. Stock market goes down, commodities, metals, etc. tend to go up. Crypto should follow. Stock market goes up, then the rest generally should go down.
I would guess that quantitative easing has something to do with it. I wonder how far they think they can go with it until the depression to end all depressions hits.
Yeah, it's been a while! Always fun talking with you.
You would think that crypto would go up, but who knows, maybe there were some big players using the futures market to majorly short Bitcoin, thus driving the price down.
I don't think QE pushed the price of Bitcoin down. If anything, it should push it up. What do I know though?!
It only makes sense when up is down and down is up. Suspend the laws of physics, and markets, and anything is possible! We'll just keep running up the tab forever! No one will call us out or stop taking the dollar! Free money for everyone!
Okay. Not everyone. Just some people. Very few actually. That's a secret, though. Wait. Did I say something? Hmmm. Guess not. :)