Perhaps someone could explain why my more serious prepper friends sent me this in a way that says I should take it serious.
Source: It’s Coming… UNPRECEDENTED US BOND DUMPING | Jim Willie | Silver Doctors
It’s Coming… UNPRECEDENTED US BOND DUMPING | Jim Willie | Silver Doctors
Look at articles on Silver Doctors 6 years ago; compare them to present day.
You will not be able to tell the difference. Except that the dollar price of PMs has gone down.
Willie and others have been banging this drum for a long time, hoping some day they may actually be correct.
I am certain that ONE DAY all this doom will be correct. However, the source is a stopped clock, and without knowing which day it will be you can really fuck up your finances.
There are some indications that US debt is losing its appeal, but nothing sufficiently certain for me to act on.
Yeah, perhaps. My old man has been waiting 50 years for the wheels to come off, so it’s anyone’s guess as to how long they can keep the game going.
There’s a saying; I can’t remember exactly who said it, but it’s something like: things come apart slowly at first, then all at once.
I used to listen to Willie. Then in one of his screeds he went totally sideways ranting about an organized pedophilia ring beneath Disney World in Florida and how kids were disappearing from the park itself and it was all being covered up. I’m willing to judiciously weigh and balance almost any statement. I did so with this and then decided he was crazy.
Well, if there is ever a legitimate reason to think that bond rates will be allowed to make some sort of tiny incremental approach to reality, it might make sense to dump the overpriced crap before you get thrown under the bus.
But, after nearly a decade of the Fed screaming ‘the rates are rising,’ at every opportunity, to be followed up with no action, has made many people somewhat skeptical about any signalling from the Fed that they are Really Going To Act this time.
That’s kind of how I see it… just WHEN is the sky falling?
I have been seeing this for years.China buys real goods even at a big loss to just get rid of our worthless dollar.(real estate,mines ETC.) We live with short term thinking.Most of the rest of the world takes long term thinking about things.
Get as ready as you can for what is coming.Even then you will not be as prepared as you thought you would be.
I was doing some inventory and came to the same conclusion.
Mad dog meathead ,I saw this in the comment section at Silver Doctors.
“This world is full of hate and deception,be careful not to hate people,but hate evil ” Zero.
Any casual read of the Psalms would prove otherwise.God says over and over I hate these people and their ways.But God’s hate is not some silly human emotion.It is a holy eternal sinless wrath.
Just trying to give you a leg up ?
Jim Willie is really entertaining to listen to, I’ll give him that. I’ve heard lots of his stuff for a couple of years.
Nobody knows what’s to come financially with any certainty, but if Trump wins and declares China a currency manipulator, all hell will break loose in the markets. Fuck the WTO and BIS!
I love Jim Willie…he is entertaining and has monthly interviews
where he comments on current events. And we must admit! current
events are very bizarre.
Most smarties are saying they are amazed the system hasn’t “blown
up” yet. They aren’t fear mongers but expressing their surprise.
We know about the financial manipulations, we know trillions (50+)
have vanished to somewhere, we know the USA sponsors ISIS and
atrocities and just plain ruinations of war are being done. We know our
“saved” $ is at risk of theft (more for the banks) or of being inflated away.
We are becoming aware that anti-trust laws are being ignored…big corps
are merging and becoming bigger monopolies still. We know GMO food
has pesticide in it and we are being sprayed by big chem. No need for fancy
theories…we are being poisoned. Health care and pharma have turned to shite.
Very very expensive shite. Open borders, the gov full of policy makers that are
pledged to foreign countries, and welfare paying more than wage earners receive.
I am sure I, and others could double and triple this list of crimes against humanity.
Recently we are coming to understand the gov is one big incestuous
snake pit of one hand washes the other. As those people in DC and the bankers
collude to spend luxuriously on themselves and their friends, they are dreaming
about confiscating the savings and investments of the middle class. The reserve
currency has allowed a never ending spending spree and now the people will be
held responsible. The longer this economy sputters along, the better it is for the
preppers. The more we can learn skills, and put back sturdy tools, and install
simple systems…the more we can look forward to becoming pioneers. LOL
Of course some people say we deserve this hard fall to reality, and maybe we
do. Apparently we are fat, stupid, and greedy…when SHTF, some will be a good
deal thinner. Martin Armstrong, mild mannered as he is, suggested we learn to
grow food in our basements under lights. Maybe hydroponics or some such.
If we have lights.
Suzanna… we have ways to grow food in the basement. And other stuff.
The SilverDoctors site and their objectivity took a high dive in to the shallow septic tank of irrelevance when they started flogging silver and gold to pay the bills. If you’re willing to swim through a months worth of soiled tampons, used condoms and yesterdays bad burrito excrement, SilverDoctors will still put out a story worth reading or following up on. Their cast of “the sky is falling” guest posters will eventually be right but so will you if you buy regularly or buy on the dips and hold.
That said, they do offer some really great deals on PM’s if you want or need a paper trail for your PM purchases. I’ve never even heard of anyone being ripped off by them. I have no first hand experience though as I buy locally.
If silver goes up $0.35, the headline will read: “SILVER GOES VERTICAL, READY FOR A MOONSHOT!!!”
I can’t even visit that site anymore.