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RE: US dollar lower, mortgages apps slump, dow takes a hit!
Overall the markets in a bubble. Which will be crashed when interest rates rise as the low rates have allowed prices to soar, far outpacing wages and affordability for most people. This was the obvious outcome of free money-a bubble, in which when it breaks, there will be a great sucking of money from the middle class. And, hopefully, a nice bail in by our friendly TBTF institutions :-)
I agree, everything is in a bubble. Nothing has really been fixed however we see record highs across the board. Stay frosty, keep stacking and build a network of trustworthy friends. Blessings friend.
Yeah, I forsee some turbulence ahead, will it be a slow trickle or a full blown damn event-who knows? In the meantime I am storing food, water, ammo. Silver will be good IF and only if theres a structured collapse of the market-which I think it will be unless derivaties meltdown.
IF it is not, people need ot understand that your Au/Ag are worthless until the system reflates. You need to think survival then profit. Best of luck to you from FEMA region 9