Hotel California
The stock market will be topping out this week. The charts and technicals show massive distribution even while the averages have been up recently. The numbers of decliners over advancers and the number of new lows over new highs are just a few of the flashing warning signs. Anyone in mutual funds and or stock positions is going to be faced with declining wealth over the next few years, at least. One would be wise to sell immediately and put the proceeds into physical gold or silver.(silver has more potential upside but is more volatile.) Not only to avoid the coming drop in stock prices but to get your funds out of the system where they will be vulnerable to govt. seizure. If the stocks are sold and proceeds are put into the bank or a money market fund(leaving them in cash with a broker has the same risk) they will be “bailed in” when the financial system implodes. You are basically in the “Hotel California” if you hold onto mutal funds, ETF’s stocks etc. even in an IRA or brokerage retirement account. You can stay in stocks and watch the values decline or you can sell and leave your money in the system. Either, leaves you in the hotel but you can’t check out from the loss of purchasing power from inflation and confiscation by the banking system/govt. cabal. The only way to protect your wealth is to sell and remove the funds from the hotel, by purchasing physical metals kept in your own possession.