All of this could happen with in a two week time frame:
If China says "No more bonds", Wall Street panics, rumors are happening, Asian markets start to fall. Dollar drops. Dow plunges and markets close the first 20 minutes on Monday, Gold up. Markets unable to open the next Monday, emergency Fed meeting on a Saturday, markets open late. All is quiet because it's over? Market rallies because you buy on the dip, more quiet. Suddenly dollar plunges 10-15 %, markets fall 500 points, Fed meets again on a Saturday, Fed raises interest rates 5-6% to attract buyers, but there are no buyers. GLOBAL MELTDOWN, market drops 300%. IMF and G20 meet to totally restructure a NEW WORLD ORDER, public panics because it's all over the internet and television and there is a run on the banks to find there is no money. It's all about liquidity.
Then there is civil unrest, globally.
Do you have enough food to make it through a crisis? Will Gold or a can of SPAM or bullets be of value? What will be of value when the IMF and G20 get through bankrupting the world?
What can you do about it? |