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RE: New and Improved Pocket-Change Theory
You are SO right about Gold, Silver, and Cryptos.
I feel it's important for me to get this prediction onto the blockchain BEFORE it happens, so here goes:
By the end of 2019, I believe we will see silver go above $80. The Dow Jones will drop to (or below) 15,000. I have no idea where Cryptos and Gold will be at, except that they will be much higher than they are today.
Now, if we could just get Democrats and Republicans to hold hands and sing Kum-Bye-Yah...
I like the way you think 👍 but I think $80 silver by the end of the year is unlikely — unless all 4 wheels fall off the cart.
As far as D’s and R’s getting along, both parties would be wise to cease the mudslinging.
The dollar illusion can not last much longer. The U.S. is complete toast. By exponents, Boeing is our #1 exporter, and their recent 737 scandal & their groundings will be the final nail in the coffin of any trade agreement with China. Nobody wants our commercial airplanes any more - they kill plane-fulls of people! Many countries are now trading oil without the US Petrodollar - because it is rapidly being abandoned. The lowering of interest rates, followed by money printing will play out near the end of this year. It will not work - at least not for very long. After that, precious metal manipulation/suppression will come to an end. My timing is probably off - but it's not long now. As soon as the interest rates get cut, and they do QE-infinity, the dollar will be abandoned. The end of 2019, beginning of 2020. 2021 will definitely be a good year for goldbugs. Sure, it's possible the FED will continue to astound us with their ability to keep on bringing back the economy - but it's basically just the same as a brain-dead, comatose patient who's being kept alive on a breathing machine. It's well past time to pull the plug, and more and more people are beginning to realize that.