DEBT CRISIS 2.0: BE PREPARED

In my 29 September Trends Journal article, “MARKETS: DAY OF RECKONING,” I explained how the U.S. middle class is being systematically eliminated and that the middle class is America’s real economy.
Although the concept of a “middle class” is still engrained in the American psyche, the reality is now it is just an illusion. Today’s “average” person is living way beyond his/her means and typically has little to zero net worth.
Granted, many of the middle class may be invested in an employer-sponsored 401k, but these gains are non-realized. In other words, they do not exist. In the case of a 401k, being rich on paper is vastly different than possessing real liquid assets. “Liquid” meaning these assets can be readily converted into cash. For many, it is difficult, if not impossible, to exit from their 401ks… so their “paper” gains cannot be realized.
Looking at the Market
Stock market valuations are now in hyper-bubble territory, and they have a less-than-zero bearing, nor any connection whatsoever, to the real economy. Moreover, the U.S. economy is in a full-on economic meltdown with no end in sight.
The propaganda machine via the mainstream media relentlessly feeds the masses completely false, propagandized misinformation disseminated straight out of the mouths of corrupt politicians. Every piece of government statistic is faked, including numbers regarding the unemployed, labor force participation, manufacturing, productivity, payrolls, hourly wages, exports, and GDP. America truly has become Never Never Land.
Even though America is in a full-on economic collapse, the stock market continues to rise, as I frequently write about in my articles for the Trends Journal. It’s a phenomenon… created by the Federal Reserve’s massive money-pumping schemes.
The 2008 financial crisis was called a “credit crisis,” which is a somewhat misleading way of saying “debt crisis.” Think about it: is your credit card giving you credit? Or creating debt?
Today, the world is facing a much more serious debt crisis than the one in ’08, which led to a global meltdown. But there is no comparison… the next meltdown will be far worse.
Own Gold and Silver
In my opinion, the simplest way to bet against the ever-expanding global debt crisis is to hold both physical gold and silver. Gold and silver are anti-debt units, which I believe are massively undervalued. I explain to those who follow my work that they need to “Bet Against the Debt and Become Their Own Central Bank.” As I see it, both gold and silver are well-positioned to increase in value multiple fold when the debt bubble inevitably bursts.
Be prepared!
Author’s note: Beating the markets in this environment is easy, provided you know what to look out for. Beyond a doubt, what do we know will continue? That central banks will continue to vastly inflate.
This means the Fed will continue to flood epic sums of cash into the market by buying treasuries, therefore keeping yields artificially suppressed. This mechanism will continue for the foreseeable future.
From an equity/stock standpoint, this will cause stock prices to rise/inflate. As a trader, I take full advantage of this by trading options. My gains are made real by moving into and out of positions relatively quickly (though I am not a day trader).
Moreover, I post every position I enter and exit in real time publicly in my newsletter. From when I started my newsletter in March of this year to date, I have publicly placed over 70 trades, and I have suffered only two realized losses. My newsletter is free to subscribers, so consider signing up: https://gregorymannarino.substack.com/
by Gregory Mannarino TradersChoice.net