Derivatives/Lava/Earthquake/Eruption
Yesterday as I was watching the market and seeing the wild crazy swings and the headine that Warren Buffet was buying 75 million shares of Apple.The other headline that got my attention was also about Buffet. The title was the value of what Warren Buffet once called weapons of mass destruction is plunging. It went on to say that the Derivatives Market fell to 11 trillion from 35 trillion, with the total notional value of 535 trillion. This dwarfs all other markets by a wide margin. The fact that these are falling is a very omnious sign for the world. This report was in the mainstream media on CNBC.
I remember some years back when Dr. Stan Monteith was on the air with Radio Liberty talking quite a bit about the Derivatives Market and that if and when the mainstream media start mentioning it a extreme crisis is about to unfold. When I read that article I was shocked, they never talk about derivatives it's like it's taboo. The fact that there is more than just a crack in the derivatives, from 35 trillion to 11 trillion is a insane plunge. This should scare the!# out of everybody. That's more than a 70 percent loss. This is huge. How has no one picked up on this. I can promise you this has not gone unnoticed by the 1 percent. They are not in the markets the sheeple are.
There are many other ominous signs out there, just look around and use some common sense. Why is the cost of everything we buy going up so rapidly when the government says inflation is low, maybe 2percent.
Here's a great example. We have a small building project we want to do on the homestead, I had heard that lumber was going up so a few weeks back I went to the local lumber yard to prebuy what we need. I could not believe the increase in cost
A standard 2x4 was $4.03, last year I was paying 2.50 that is a huge increase. Like 40 percent, and he said he thinks it will go up more.!
Don't we need lumber to build the economy? How can we believe what the government says, 2 percent, give me a break.
All I can say is buy Silver.
Buy tangelable assets while you can. It's time to dump stocks, especially way overvalued one's like Amazon and Google, get cash out. Cash is King.
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