To: carranza2 who wrote (156290 ) 4/10/2020 11:04:38 AM From: TobagoJack 3 RecommendationsRecommended By bull_dozer Dr. Voodoo marcher
Read Replies (2) | Respond to of 217573 Hi C2, am exactly now listening to a webinar featuring Stephane Pompoy, covering the macro, pensions, fed deficit, unemployment, federal debt, international funding, debt jubilee, and ... gold. I shall forward here the link for the replay ...essentially, need for federal deficit financing ... but also need for ZIRP / NIRP ... and simultaneous need for deficit all around the planet ... pensioners cannot be legislated out of existence ... forget foreign financing ... minus global cooperation ... etc etc etc ...corporate sector ... 5-handle fed deficit hereon forward ... especially as the politicians get used to spending on such a. scale ... temporarily ... then the descriptive gets ugly remember 'temporary' from fiat money inflation book? I say the webinar is seriously alarming, from one I have much respect for, and the conclusion must be ... getmore9999gold In the meantime, the news that may be gold should it turn out ...ask-socrates.com Understanding The Coming Slingshot A number of people have inquired if the slingshot is still on schedule. The answer is YES!!!!! No slingshot ever unfolds when people expect it. The psychology behind it has always been in the early stages, the majority do not believe that is possible so they continually look to sell every new high. This is what prevailed coming out of the 2009 low and why I called it the Most Hated Bull Market in History. This is always the case. So do not expect the slingshot to be a new period of raging bullishness. It will be the opposite. Slingshots are always required no matter what the instrument. The market must swing in the opposite direction to shift the sentiment which then provides the very energy for the Slingshot to take place. Some people have asked is the slingshot is now impossible with the collapse in the economy. The answer is no! In fact, that is the very element necessary to create the slingshot. I laid out this chart years again to show what the primary sentiment would be for each 8.6-year wave. This wave that began 2020.05 would take us into the Monetary Crisis Cycle which many are beginning to understand with the output of money being incredible. However, note that this wave to peak 2024.35 was also noted to be a commodity rally, but I cautioned it would NOT be with inflation created by speculative demand as in a boom, but rising prices do to SHORTAGES . This is where the SLINGSHOT comes into play. As people become more aware that this virus scare is all a deliberate scheme to further socialism and authoritarianism, this is when more and more capital will shift from the government bonds to the private sector assets. Traditionally, you would see a flight of capital into all sectors of private assets from stocks, corporate bonds, gold, real estate, etc., and out of all levels of government bonds. Therefore, the SLINGSHOT will take place BECAUSE the confidence in government collapses. This will not be a bullish movement, that comes at the end. In the beginning, this should look darkest before the light.