Be Prepped Anons. Market and Crypto Continues it’s Tumble. Silver and Gold Waffle But More Stable.
👀 EYES ON! 👀
Just a reminder to continue to be prepped Patriots and Anons. The stock markets continue their tumble, Crypto is dragged down, and Silver and Gold waffle but are more “stable”. We’ll see if this continues and this is the main collapse, or all will rebound a bit, then the big collapse we’ve been watching for will come closer to midterms.
But regardless frens, stay prepared and stocked to weather this increasingly arduous Storm. WWG1WGA.
https://www.thegatewaypundit.com/2022/05/biden-economy-markets-fall-sp-reaches-52-week-low/
Don't invest in Ukraine Futures. 😕
Also remember that the only people who lose wealth during a market recession / collapse are those who sell their assets.
Diamond hand your crypto, gold, and property investments!
But store it off exchange in your own wallet, vault, Registering agent.
Definitely! Great advice!
I always thought this was a common practice, but apparently a lot of unsavvy tech folks don't know you are supposed to keep crypto in cold storage. I sweat bullets every time I have to make a large transfer of fiat to an exchange, even if the fiat will only be there for a matter of minutes.
Stock should be taken off the DTCC as well and DRS'd Tons of people don't do that. They don't actually own their shares.
I’m 85% cash and waiting for the crash.
I don't have shit and I'm ready for the crash haha
I would find that scary. When the meltdown happens, its not going to be ordinary meltdown with yet another bail out and back to (apparent) normalcy, because we are entering this crash with QE at levels unheard of.
So when the meltdown happens its the end of the fiat based monetary system, including the federal reseve notes. If this happens, cash will have no value and only hard assets like gold and silver will be the way to save your wealth.
No one gets rich from precious metals, unless you're playing with millions of dollars. I agree I hate the idea of cash just sitting around in banks. A lot of it is going back into real estate. IMO, a much better investment than gold and silver.
You dont buy precious metals to become rich. You buy them since they are worth some value, where as the Federal reserve notes are worthless toilet paper.
Problem with real estate is that due to Fed's asset buying mortgage backed securities, easy money has flown into mortgages and the entire sector is overpriced. Whereas silver and gold have been heavily suppressed in their attempt to hide the inflation, so its a bargain right now.
Won't cash be worst in hyperinflation?
Yep. Inflation is not the price of products going up it is the value of your dollars going down. Savings accounts are getting drained and most people don't realize it is happening.
Yes but if we have deflation during a recession which will also suck economically cash could be good to have.
When have you ever seen deflation of the US dollar?
We have gone through inflationary and deflationary periods many times throughout history...you for real?
I suppose if you are immortal, you may have witnessed one of those deflationary upswings. I, unfortunately, was born after the introduction of the Federal Reserve, the removal of the gold standard, and closure of the foreign gold redemption window. So, for my entire life, the dollar has lost value.
So again I ask, when have you seen deflation of the US dollar?
If we experience hyperinflation aka hundred dollar bread. I think we are going to see a mix of things - housing bubble crash, some inflation, and other craziness. The point of keeping my powder dry is to buy back into the market when things go crazy.
Ugh should I take the tax hit and cash out what's left of my 401k for physical assets or what?
I've got some gme, amc, silver, and crypto already. Not in substantial amounts though.
I would keep them and buy at the bottom to lower your Cost average for when it shoots back up. because it will eventually. Nothing is forever
So I am watching the Fed carefully. Their 25 + 50 point interest ate hike is a non-event. However the talk of runoff (aka Quantitative Tightening) is what spooked the markets.
It all depends on whether they follow through (which would cause crashes pretty fast) OR they are just blatantly lying (like they did with "taper" last year).
If they keep printing the easy money, then they wont be able to suppress and hide the hyper inflation any more - and this will be the cause for the final meltdown.
Either way, the point of the Great Awakening will coincide with the meltdown.
I am betting on latter - they will keep printing easy money, which means we will see markets rallying to new dizzying heights before the final crash.
Agreed. A waffling down, a waffling rise to positive heights, then CRASH!
But whatever shape the curve takes we know whee it ends up :)
They can no longer borrow at 0% to keep the price of the stock up. We need to go back to a stable stock price and dividends. This only making money due to stock prices increasing is NOT they way.
I believe its the other way around. They borrow free money, and then stash them in stocks and crypto to ensure it doesnt find its way to general economy and create inflation. They dump stocks/crypto when then need the money to fund false flags around the world.
My guess, a huge FF incoming.
When all else fails …go to (moar) War
Yep, and unfortunately their ability to war has been tied up by Putin, kek
Ha and his Rubles fren globalists don’t like their debt (scheme) manipulated back (:
We are gonna see record heights in gold/silver prices. dow-3000 gold-3000 silver-300 But i am just a dumb janitor.
silver will be at least 4-5k an ounce.
Nope, you will most likely be correct. I too agree as the final economic collapse takes place, gold, silver, gas/oil investments, and even Crypto will do very well while everything else crumbles. Costco stocks should do fine too haha.