Loading ...It’s about to dawn on the masses….
that US paper is toast.
I think we are relatively close in time to when the Fed will be forced to QE (or resort to yield curve control, which is QE “on demand”) in order to keep a lid on interest rates.
I believe the 10 year yield is within a month of establishing a major low, if has not already been struck.
We are going to finally get the end game scenario of rising yields and a falling/crashing USD.
I would probably be lightening up on tech stocks, but in nominal terms I am expecting the US market to end up like Zimbabwe’s and Venezuela’s, in the end.
It’s absolutely anyone’s guess how something this catastrophic will play out (obviously prepare for the scenarios you see as likely). One cynical answer is WWIII will be used as excuse to scrap the system. I would love to say I will be happy the day silver hits $200, but something tells me the devil will get the last laugh.
2 1/2 months to election day — CAN they hold the collapse until then or do the elite WANT the system to crash & burn before the vote (so that drastic measures can be taken – ie: no vote, martial law, bank failures, etc etc)
These next few years are going to be even more insane than present.
A cornered animal will fight savagely to remain alive. I expect the MIC/elites to act the same.
I’m in tune with all of that.
Sleepless nights will be the rule for many if not most.
“I believe the 10 year yield is within a month of establishing a major low”
I would say within the next 60 days, but yes, there’s your crisis trigger.
And I have crude bottoming sooner, which has been leading rates and rates expectations.
Rick Rule often reminds us that in the 1970’s it took the public about 5 years to wake up to the inflation game. Then they started taking action.
Oh yes, you see this played out in the formation of any parabolic “bubble.” That’s how it happens. More and more money is thrown in the higher price goes until you run out of buyers. I should have said that the awakening will start as a trickle and eventually by the end, whether in 2, 3 or 10 years, it will have become a deluge.