9/02/2018
Dow drops 700 points
DAX drops 330 points
US 10 Year Bond 2.85%
VIX @ 32 (Betting on volatility?)
US: NOT in work force 95,802,914
US: Unemployment 4.1% BULL @#$%^& MERD!
US unfunded liabilities $111.9 Trillion
US debt $20.6 Trillion
$21 Trillion USD missing from military and HUD
US: Defaults on student debt, car loans and credit cards.
Crypto currencies are IMO a Ponzi scheme sucking in heaps of chumps. (but what do I know I can barely use a computer).
US Mortgage rates up 10 points to 4.32%
China's HNA selling $4 Billion US real estate to stave off bankruptcy
China and Russia selling oil in Yuan-Ruble. USD becoming ugly girl at dance.
Markets are rigged. SNB, BOJ, ECB & Fed prints currency outta thin air and buys shares, WTF? Can't even imagine what the Chinese banks are doing?
I do not have a degree in economics, but IMO things are not looking like a party at the Ritz with bootleg whiskey, chicks and cocaine.
More like 1929?
Thinking that GOLD & SILVER may be a safe place to invest your FIAT currency. IMO BDR is a punt, but a rising tide raises all boats and G&S cannot stay suppressed eternally. IMO once people find out that they have been duped by the banksters and crooked politicians all hell will break loose on the G&S markets.
Sources: Zerohedge, US Debt Clock, CNBC, Jesse Livermore
DYOR
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