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RE: Patriot's crystal balls.....

in #blog6 years ago

Oh yes, its going to happen.

From my perspective, the stock market crashes have been used to destroy the middle class. However, there isn't much left. Most people do not own any stock and have less than $500 to their name. For these people, nothing will change.

However, when this crash happens, and when the bail-ins happen, people will be looking for a safe place. Many will run to gold (albeit, too late) but some will run to cryptos.

It will be like someone on a sinking ship, being rocked in a storm, runs over to a neighboring ship where its peaceful and sailing full steem ahead. It will be so great a change that most people will just be struck in awe.

I wish more people were getting into cryptos.

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1/However, when this crash happens, and when the bail-ins happen, people will be looking for a safe place. Many will run to gold (albeit, too late) but some will run to cryptos.

2/I wish more people were getting into cryptos.

When 1/ happens , 2 will shortly follow - which will be great for us!
Paper gold and silver contracts will eat up real metals, (and lots of jumping off skyscrapers shortly after when they realize the paper gold contracts are worthless).

Crypto will be one of the few places that big money can park their wealth. ...happy days for us...

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