Stonk Mkt Carsh Update. Biden Says You Can Kiss Your 401K Good Bye

We knew this day would come. Is anyone surprised? This illegitimate President was tasked to make the USA crash & burn! And so, he has! Look at what he has done to our military. He is not as confused as he wants everyone to think he is. He will be held accountable!

At noon, NSDQ down 2.5%.
Big tech taking it up the ass.

[imgur] [link to i.imgur.com (secure)]

VIX futures about to go into backwardation.
Cash can't stay below 20. About to break a long-term consolidation pattern.
Hey its about October, typical month for a carsh.
Big Money trimming their portfolios at the end of the month before the shit hits the fan.

[imgur] [link to i.imgur.com (secure)]


[imgur] [link to i.imgur.com (secure)]

Bond yields are spiking and a looming debt ceiling vote. Could be a interesting few weeks coming up.
.

Last Edited by wirenuts7 on 09/28/2021 12:06 PM

Fed's Powell: The Fed will not be able to protect the American people from a default if the debt limit is not raised.

12:03 Sep 28

Fed Presidents Suddenly Resign As The Economic Collapse Nears

Ha, I closed my 401K last week and put cash in the bank. Next I sent a check to APMEX and I'm waiting for my physical silver to be delivered.

If you don't hold it you don't own it.

It appears the velocity of the surge in US Treasury yields has finally taken its toll on equity market enthusiasm. The long-end of the yield curve is exploding higher this morning with 10Y spiking above 1.50%..

[link to www.zerohedge.com (secure)]

US Consumer Confidence Unexpectedly Plunges To 7-Month Lows As Optimism Slumps


[link to www.zerohedge.com (secure)]

the two that resigned bought in to stocks and other assets in advance knowing the Fed would back or buy up the paper at inflated prices, Martha Stewart went to prison for a lot less, these two should be brought up on charges for insider trading but since they are resigning you will never here anymore about it, they will move on to Goldman sucks, JPM and the likes, keep their profits and get jobs because of their influence, it's an effing joke, very tired of the the rules for thee BS!!

Major multi-day bear flag, unable to break above key moving averages.
Very bearish long-term sell signal.

[imgur] [link to i.imgur.com (secure)]

the easy money train must stop, it's the reason for every recession we have had since 1913, Powell and his gang are the main drivers behind the inflation we all see on a daily basis, it is not transitory and why Gold, Silver and BTC are not rising to the moon yet is beyond me?? I personally don't see them scaling back shit as far as assets or raising interest rates because if they do they will pop the very bubble they created, actually i feel this is the same bubble that has been here since 2008 all they have done is make it much larger, when this bubbles pops and it will 2008 is going to look like a cake walk in unicorn land!

Pretty bad since there are something like 40 million family's now receiving $250 to $300 a month for each child until 2025!

Thread: Mark my words Retarded Joe Biden will collapse the Us Economy

I just pulled a half million out and put it into bonds

US 7-Year Note Auction

US sells $62 bln 7-year notes at high yield 1.332% (Prev. 1.155%)
Awards 68.26% of bids at high
Bid-to-cover ratio 2.24 (Prev. 2.34)

Those are junk bonds flee to corporate bonds

Watch blackrock and vanguard they have smart bond groupings

Charts can show you a whole lot of things before they occur. We broke out of the 15 month rising wedge pattern in June. A rollover was inevitable. We're still getting started, like the coasting roller coaster at the peak of the ride.

Just like bitcoin did in March. Everyone said it was going to 100k. The next leg down is about to begin.

It'll take time for people to grasp this concept that normalcy bias is what gets people in the end. Not all, just most. Timing is the most important part of all investments. Make money when it goes up, and make the most money, when it goes down.

Use to know a guy nearing retirement in 2001, lost most of it. Timing was important in his case. He couldn't afford to wait to make it all back, and more. Didn't live that much longer either.

Muni bonds are for suckers and old people

Buy bonds that include nat gas,oil and food holdings

Last Edited by Lord Earl of Greywater on 09/28/2021 01:18 PM

US Commerce Secretary Raimondo: Biden is willing to make a compromise on the $3.5 trillion spending plan

13:18 Sep 28

It’s over they cannot stop the contagion from China

5 trillion in real estate bonds in China are going belly up

This is it the big one total global financial collapse

China has asked state-owned enterprises to purchase Evergrande assets.
Kremlin: Gazprom is ready to consider new gas supply contracts with larger volumes in order to meet Europe's expanding demand.
Creditors said to claim Evergrande on hook for bond due Sunday.
The EU has established a Brexit adjustment fund of €5 billion.
Chinese Official: In the next five years, China will import more than $10 trln worth of products from other countries.

Everglades is just one of over a
Dozen companies that are as big and are bankrupt

JP Morgan Chase CEO Jamie Dimon Says Co Has Begun Preparing For Potential U.S. Credit Default As Debt Limit Talks Go To Wire; Says He Expects Policymakers Will Address Debt Limit In Time; Cautions Failure To Do SO Would Be 'Potentially Catastrophic'

The Rainmondo news didnt do anything to lift prices.
ES at the key H&S neckline.
Let's see what happens at MoC.

quote:

the easy money train must stop, it's the reason for every recession we have had since 1913, Powell and his gang are the main drivers behind the inflation we all see on a daily basis, it is not transitory and why Gold, Silver and BTC are not rising to the moon yet is beyond me?? I personally don't see them scaling back shit as far as assets or raising interest rates because if they do they will pop the very bubble they created, actually i feel this is the same bubble that has been here since 2008 all they have done is make it much larger, when this bubbles pops and it will 2008 is going to look like a cake walk in unicorn land!
end quote

Big banks (controlled through the Elite) manipulate and control the precious metals. They are waiting for an impasse of the almost created Fed Crypto Currency to be rolled out. Once their ready your precious metals will be worth nothing, unfortunately. It's in the plan.

Last Edited by midijeep on 09/28/2021 02:24 PM

you can bet your arse that US banks with free fed money are invested up to their ears in it too, along with states and private pension funds!! Hey Powell i think we are gonna need a bigger Helicopter