China is collapsing, Europe is collapsing, Japan, Brazil, Venezuela, Puerto Rico, Greece are collapsing. The US is bankrupt and the stock market has rolled over and heading for a crash. The global economies are in break-down mode. There is no good financial news to report and any good news you hear about from the mainstream media is nothing but pure propaganda.
This is just the beginning of a major systemic collapse that will soon throw the world into depression. Once the real crash gets under way, the tumbling stock markets will shock investors and the smart money will be pouring money into gold, the only true currency that never loses value.
This is already starting as the gold bull market currently gets under way. Geopolitical instability coupled with financial instability will create chaos around the globe and cause markets to crash and bring on a greater probability for a new World War.
When this collapse really gains momentum, the system will lock down. Many people don’t realize that during the great depression the stock market was closed down for 5 months. What would happen to your investments if the markets were closed for a long duration? What if you had stock options with expiration dates that expired before the markets reopened?
In October 1987, the stock market crashed 22% in one day and lost over 700 points. If the stock market lost 22% today, it would cause a drop of over 4000 points. Do you think that would cause a panic?
There is no question, when the collapse begins to pick up steam, the government will lock down the system. For how long, nobody knows. But once the system is locked down, it won’t just be the stock market, but the banks as well, to prevent a run on the banks. You won’t be able to pull your cash out and you will only be allowed to access a small amount of cash from your ATM each day in order to pay for basic necessities like food and supplies.
How do you prepare for that? How do you protect your investments? How do you get cash to pay for your living expenses? These are questions every American should be asking and preparing for.
This is not conspiracy theory; this is happening right now before our very eyes in other countries and spreading like wildfire across the globe, if only you choose to see it. You only need to dig below the layer of lies spewed out by the mainstream and start reading or listening to the interviews of some of the most well-known economists in the world. I post many of these articles and video interviews within these pages.
One of the smartest things you can do today is pull some cash out and hold it in a secure place other than your bank. You will need enough cash to pay for your living expenses for several months. If you don’t have that much cash, then I would suggest you start putting some away in a safe place for the next several weeks and/or months.
If you own stocks, you won’t be able to access them for any trading purposes once the system is locked down, but stocks are an asset and will remain intact once they reopen the markets.
Options on the other hand are short term contracts that have an expiration date, possibly expiring during the time of the lock down. Once you see this coming, you might want to consider closing your option positions and converting them to stock, cash or physical metals like silver and gold.
There are extreme physical metal shortages right now and when the system breaks, there will be no metal to buy. That’s why I suggest you buy it now, while it’s still cheap and available, but that won’t last too much longer.
Silver coins are one of the best precious metals to buy and hold. It’s relatively cheap and can be used for currency, when cash is locked down.
I can’t legally advise you what to do with your money, but I can tell you what I’m doing with mine.
I’m investing every cent of my investable income into gold stocks, options and physical silver. I buy physical silver because it’s cheaper than gold and the biggest return on investment will come from silver, due to the huge discrepancy in the gold to silver price ratio. Silver is known as the poor man’s gold, mainly because it’s cheaper and easier to acquire.
I would suggest at least a 20% allocation to precious metal stocks in your portfolio; also hold some cash, and silver coins. If you own land or a home with good equity, those are assets that will be worth holding onto.
Who knows when this collapse will go critical? The indications are that it could happen without warning and catch you completely off guard. At least if you prepare now, you can sleep better at night knowing that when it happens, you won’t be the one completely blindsided.
The bull flag pattern is still in play as the upper line of the bull flag has now become support. The short term manipulations in the gold markets will soon be coming to an end for two reasons.
First, physical metal is becoming extremely scarce and the shortage in supply is beginning to overwhelm the price action of the manipulators. They will continue to try to manipulate the price down, as there is an epic battle going on between the bulls and the commercial bank manipulations.
A soaring gold price is an indication of a loss of faith in the fiat currency system, that’s why the Fed and their accomplice commercial banks are so desperate to keep the price from getting out of control. The problem now is that they are losing control. The natural physical market forces are beginning to place too much pressure on the manipulators and they are losing the battle.
Second, the manipulators are being sued by multiple investors and mining companies from around the globe and soon the truth is about to be revealed for all to see.
Deutsche Bank has now admitted to gold and silver price rigging and has rolled over to authorities in a settlement in which they have agreed to expose all the manipulators. Rob Kirby touched on this subject just a couple of weeks ago in a video interview with Greg Hunter of USAWatchdog.com, in which he stated that the manipulation would be revealed soon and the manipulation would come to an abrupt end.
Folks, I believe that day is upon us and the price of gold and silver is going to erupt over the next few weeks!
If you have positions in gold and silver stocks, your day is quickly approaching. Stay tuned!
Stock Market: (SPY) (QQQ)
The mindless optimism of investors in the stock market today is the only reason it continues to climb. Bad news has become good news. Just the mention of possible easing by the Fed or possible oil production cuts from OPEC causes panic buying.
The truth is that none of those headlines carry any truth and there is no fundamental reason for the markets to continue to climb the way they have been doing in the last few weeks. In fact, fundamentally just the opposite should be happening.
When the perma-bulls begin panic buying due to bogus headlines, it causes all the investors with short positions to cover, which in turn causes a short squeeze. This makes the stock market look attractive to mom & pop investor and thus a chain reaction ensues.
The problem with short squeezes is that they always tend to be a short term rally before coming to an abrupt end. That’s when all the mom & pop investors get hosed and lose their life savings.
Well it’s about to happen again. So go ahead, invest in the stock market, it always goes up, the Fed would never let you down. Right?
Energy Stocks: (XLE) (UNG) (USO) (LNG)
The recent uptick in oil, just like the stock market, is completely fueled by propaganda. There are no fundamental reasons for the short term rise except for a manufactured short squeeze created from bogus headlines. Just like the 2 previous rallies.
In the meantime, there are record numbers of oil tankers parked at sea full of oil because there is no other place to store it. Oil is going to come back down!
US Treasury Bonds: (TLT)
Expect a spike in Treasuries once the stock market turns around.
(SLW) January 2017 CALLS
(GDX) January 2017 CALLS
(ABX) January 2017 CALLS
(FNV) January 2017 CALLS
(RGLD) January 2017 CALLS
(SPY) December 2016 PUTS
(IYF) August 2016 PUTS
Global Leaders Begin To Panic As Economic Collapse Is Erupting All Over The Planet
Economic chaos is erupting literally all over the planet, and global leaders are starting to panic:
The Lock Down Has Begun: JP Morgan Restricts ATM Cash Withdrawals
After the massive bailouts required to save the system following the crash of 2008 banks and regulators worked together to ensure that all deposit accounts in the United States are no longer the property of depositors, but rather, the banks themselves