Central banks have been purchasing US equities to prop up the US dollar. The fighting retreat of the US dollar lower has allowed time for the "club" to move assets out of the US to safe havens. I think they are nearly done. What comes next will be an unpleasant wealth transfer from the taxpayer, pensioners and bond holders (which are often pension funds) to the club. I think the "brace" position will be needed sometime between August 21 and September 30.
Head forward against the seat in front of you. Easier to check dental records if the teeth are intact. Although, I agree with Bill Holter, physical silver and gold, some cryptos, the wealth you take with you into the new system. For the transition you will basics, cash, food, water and shelter. Just like for an earthquake or hurricane.
Central banks have been purchasing US equities to prop up the US dollar. The fighting retreat of the US dollar lower has allowed time for the "club" to move assets out of the US to safe havens. I think they are nearly done. What comes next will be an unpleasant wealth transfer from the taxpayer, pensioners and bond holders (which are often pension funds) to the club. I think the "brace" position will be needed sometime between August 21 and September 30.
Where do you suggest bracing?
Head forward against the seat in front of you. Easier to check dental records if the teeth are intact. Although, I agree with Bill Holter, physical silver and gold, some cryptos, the wealth you take with you into the new system. For the transition you will basics, cash, food, water and shelter. Just like for an earthquake or hurricane.