Stocks on track for worst start to April since the Great Depression! But what about the return of the Gold backed trade to save the Global Economy!? Could it be?
The stock market's start to the second quarter is its worst since the Great Depression.
Really? Well, who gives a crap?!?!
That good ole S&P 500 down 3 percent in afternoon trading Monday, the broad market index was on track to post its worst start to April since 1928, according to Bespoke Investment Group and CNBC.
That's all fine and dandy but what does that really mean?
For starters, this is terribly bad for the banks and the corps and the 401ks and mutual funds, etc you know the equity markets. What we have is nothing more than a correction and it will be a big one. Yeah, that one!
We have been hearing the whispers from the conspiracy gold nuts who mainstream often shuts off the mic of. Couldn't outrun it, but it isn't without its helpful nudge to create the market confusion and conflict, this one the dreaded, and tariff-y-ing Trade Wars.
Fear not, the whole market correction will do simply that... correct the markets. The fix is already making its way through Congress. H.R. 5405 was introduced on March 22, 2018 and it is indicative of the silent weapons for this quiet war in the gold dollar!
According to the CNBC articles interview, 'If the benchmark's decline at the close totals more than 2.55 percent, it will be the worst first day of April since 1928, according to Bespoke. A drop more than 1.57 percent would be the worst start to the quarter since 1932, the Bespoke analysts said.
"Based on recent market action, the bears clearly have control right now," Bespoke Co-Founder Justin Walters wrote in an email. "The path of least resistance is lower until something comes along to reverse that trend."
Well, that sounds like a nightmare for all those Wall Street Boys! But what about the main street people?
The introduction of the dollar fixed by weight in Gold per H.R. 5404 is nothing new, and it is actually a very old idea and one that was only removed at the whims of those same Wall Street Gang and their Sponsors. The same old story right?
So this Trade War that everyone is talking about, this is all basically because of this supposed financial war between China, the U.S and everyone else in some way. This tariff issue, which is shaking market reporters back to their 1930s scaremongering is also a correction of the global trade imbalance from the abuse for decades done by the Petro-dollar.
The non-stop printing and subsequent removal of the use of a dollar in gold to a fixed weight has created a lot and I mean ALOT of global pains in the worlds' ass!
The more the fed green dollar is devalued the further inflation boosts the prices of goods and services, especially of stocks and commodities. When wages are unable to keep up with the red-hot rise in prices we get to even more parallels to the great depression and this is worse than just unfortunate.
A mighty super Dollar also keeps the rest of the Worlds currencies weak and acts to sustain poverty through low work wages where migration to chase dollars comes back around to affect our countries ability to provide labor for future generations.... its a mess!
It is a domino effect and I trust everyone to be able to find their own thing to point of the downward inertia we feel happening to our global community. It obvious at this point the ills of the Petrodollar system, check the stats at your leisure.
On March 26, just 4 days after Rep. Alexander Mooney from West Virginia introduced in Congress the Gold Dollar myth and only weeks from the beginning of the tariff food fight, the Petro-Yuan has become a thing. The Petro Yuan is a correction as well. The harmony of an Eastern and Western financial trade system with gold backing the currencies.
The AIIB led initiative which introduced futures contracts for the trade of oil denominated in Chinese Yuan and then redeemable in GOLD through the new Shanghai Gold Exchanges came to fruition just at the same time for the end of March and it showing its direction into a gold global payment system in the energy markets.
So did they start this market correction crap with the announcement by China of this future contract since Dec 2017? Could it be the US retaliated with their own Gold Dollar legislation being introduced?
I am leaning towards a Peace Accord through this reciprocal and level playing field for trade. Sort of what Trump has been saying since the campaign season of Nov 2017. Could this have been in the works since then?
Don't ask me
¯_(ツ)_/¯
Read more at:
https://www.govtrack.us/congress/bills/115/hr5404/text
You can check out my last few rants below, haha!