to put this as simple as possible. Is the economy going to dump more and then eventually go back up, indicating a buying opportunity in stocks, real estate, etc. Or is all going to zero? Would I be safe if I invest in good companies or is it not worth it all,because the USDollar may go to zero? What are your thoughts? Should I take this as a buying opportunity or embrace the possibility of a complete financial collapse where my money is now toilet paper?
Im just a broke trade school student unsure about this whole shitty clown show, and dont want all of my money to go down the drain.
To go off topic a bit, Would trump even let that happen, because if you introduce a new financial system, what are you going to do if millions of hard working middle class Americans lose all their wealth from the old system?
Thanks, I didn't realize that Basil 3/4 was habbening now. I thought it was already implemented.
Pls help me understand why the manipulation will end, and any other interdasting insights you may have. Thx fren.
It's my understanding that Basel 3/4 requires banks to have actual assets in their possession in order to make a transaction against that asset (collateral). This prohibits one bank from creating "leased" contracts for gold/silver to other banks who in turn, use their leased assets to sell the public paper SLV/GLD.
https://www.bis.org/bcbs/basel3.htm