…The U.S. financial markets, specifically the U.S. dollar and the stock market, can be likened to [a] fiat currency-based financial markets “Super Nova.” The public and the momentum-chasing hedge funds are desperately chasing the “appearance” of the stock market’s “bright new star.” Unfortunately, it’s an illusion. The stock market is headed for catastrophic destruction.
The comments above and below are excerpts from an article from InvestmentResearchDynamics.com which has been edited ([ ]) and abridged (…) to provide a fast & easy read.
I don’t know if this final explosion will occur early in 2017 or if there will be on last “Weimar-like” push fueled by a round of money printing substantially larger than “QE 1 thru 4.” Either way, the U.S. financial system is heading toward a period of unprecedented wealth destruction.
I’m not going to sit here and urge anyone who will listen to move their money into the safety of physical gold and silver because I have no idea how diabolically aggressive the Fed and the banks will be in exerting downward pressure on the price of gold and silver using fiat paper gold. No one knows and anyone who proclaims to know is full of horse hooey. I’m moving any money not needed for expenses into physical silver. I know a sale when I see one and sovereign-minted silver bullion coins are on “fire sale” right now.
Unfortunately, the only chance you have to financially survive what is coming at us is to get your money out of all financial “assets.” These are not “assets.” They are fiat paper liabilities issued by a Federal Reserve that is technically insolvent by at least $360 billion and likely multiples of that when off-balance-sheet considerations are factored in to the equation. If you don’t want to buy precious metals, at least get your money out of the stock market.
While Wall Street shills and the financial media are busy seducing the public with their incessant “Dow 20,000” rally cry, corporate insiders are busy unloading their shares hand-over-fist. Every company (other than mining stocks) I’ve analyzed over the last month has been characterized by extremely heavy insider selling. The parabolic rise in the dollar is annihilating corporate revenues and profitability. Follow the money here because insiders are broadcasting this fact loudly.
China is dumping Treasuries and corporate executives are dumping stocks. Total U.S. debt outstanding hits new highs daily. Once again “smart money” is unloading its paper “assets” on an unsuspecting public. The delinquency and default rates in mortgage, auto and credit card debt are beginning to spike up, according to the latest reports made available and not disseminated through the mainstream media.
The U.S. markets are going Super Nova – don’t be left holding [an empty] bag!