The global slide continues as U.S. equities continue their descent into the depths. Every source from world markets, to U.S. treasuries, to the IMF to the U.S. Fed themselves are starting to concede that things look shitty. Fed is waivering strongly on their commitment to any further rate hikes, basically conceding that yes the economy is slowing dramatically and that stagnation is coming. Many stocks are in bear market territory already as the recession has begun, it just won’t be officially declared until early 2019. We will see how bad crypto fares along with it or if crypto speculation actually becomes a new destination for frustrated cash on the sidelines.
Peace on the STEEM blockchain @clumsysilverdad
https://www.wsj.com/articles/quantitative-tightening-not-now-11544991760
Time to buy silver, gold and crypto?
Posted using Partiko Android
As per my P.C. Theory, each one of the Hundred Dollar "Bills" shown above will be Removed and Replaced with "either" One U.S. Dollar Coin, one U.S. Crypto-Dollar or One U.S. Trade Dollar... The least expensive way to get you hands on U.S. Crypto-Dollars and U.S. Trade Dollars, will be with Physical "Clad" U.S. Coinage, after the Reset of the United States Monetary System... Holding Gold will not play an important part in the Biggest Transfer of Wealth, the World has ever seen... Gold will quickly reach Fair Market Value, after the Reset, and will be Measured in U.S. Crypto-Dollars and Cents...
sounds good, i think i'm buying what you're selling. so you like gold?
Everyone likes Gold, but like I said above, Gold will not play an important part in the coming Transfer of Wealth...
I guess we need to be on the lookout for natural resources as well, such as oil and agriculture as well.
Posted using Partiko iOS
what do you mean exactly? ty
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