Dow at 21532 – A Time to Rejoice!!
Hooray! the DJI made an all-time high on market close of 12 July 2017. The markets are going up, up and away! Time to rejoice because the stock market is doing well and the economy, we are told, is just dandy.
Although the market has signaled a new high the symptoms of a dying economy is all there to see if we only look underneath the covers.
If you want to see the future where we are likely headed, you only have to look no further than what is happening in Venezuela. What was once a well to do country with massive oil reserves, even greater than Saudi Arabia, is now undergoing economic turmoil. It is literally a Mad Max scenario down there.
The people are desperate and will do anything. First you hear stories of empty shelves, then stories of streets barren of stray cats and dogs, followed by the slaughtered of zoo animals for food. Now hijacking of a sugar supply truck with the use of molotov cocktails by gangs on motorbikes.
How will this all end, it is definitely not a pretty sight at all I would imagine.
The value of the Venezuelan Bolivar has fallen and the country is racked with raging inflation. You only have to look no further than the country’s stock market. It is considered one of the best performing stock market in the world due to its meteorite rise but the economy tells a different picture.
The FED has just come out and said they will not raise interest rates despite saying they will “normalise” rates, whatever that means. By coming out and telling the market what they plan to do, the FED has given the all clear signal to the market to reach for new highs because the FED have their backs.
Can you see the similarities, a falling dollar and record breaking stock market. The stock market does not look like it is going to correct to fair value but melt-up instead.
You should by now be prepared and at the least you should have the following.
Gold
Silver
Cryptocurrencies
If you are not, then get involved, it is still not too late.
Gold and Silver can be purchased at a ridiculously low price and cryptocurrencies have only just started their march to dominance.
Get on that bandwagon and protect you and your family’s future.
Strong and clear message here! I hear you loud and clear 👌🏽
Unfortunately many people are still oblivious to the current situation!
Omg, those currencies...
marcusxman, we need more people like you on this channel.
Btw. you can find out about yourself at this terminal, I found you based on what the machine thinks I like about you, haha.
Glad you like my post. There are many people with different views on Steemit and only some will break the mould. I hope to get there soon.
Wonder how many days, months before we see some of that video here on America. Stop the truck and take what u want.
I hope it doesn't happen, but the course America is on does not bode well for the future.
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