“Markets Are Expecting The Federal Reserve To Save Them – It’s Not Going To Happen”
My God I love a “real” article! Most financial articles are bullshit. I saw this article on Alt-Market.us, it was originally published for the Birch Gold Group. The bottom line is Brandon says (and backs up with quotes from 10 and 20 years ago), is that the Federal Reserve knows exactly what the consequences of its actions are, and don’t let them say otherwise.
He quotes the current chair Powell from 2012 outlining what would happen if the Fed tightened money supply and hiked interest rates at this time. He quotes former chair Bernanke saying the same thing. But he saved the best for last! At the end of the article he quotes Bernanke at an event in 2001 saying about 1929, “You’re damn right I ordered the Code Red!” (that was a joke) But its the same thing. He said about the Great Depression, “Yes we did it.” We didn’t mean to and we won’t do it again, but the exaggerated financial destruction was on us.
Finally. And that is what I meant earlier about bullshit financial articles, they always come up with these ridiculous narratives like “Smoot-Hawley” caused the depression and stuff like that. And finally we have a Fed Chairman saying yes we were blithering idiots to have tightened money supply at the same time we were raising interest rates (like they are doing right now).
But to the point! With inflation pressures, rising interest rates, the globalists wanting a “great reset”, the financial markets are primed for a “perfect storm”. By that I mean the DOW taking a hit of 50% to 75%. Think about that. That’s slightly on par with 2008, and right in line with 1929.
As Brandon says in the article, the severity of 1929 was on purpose at the behest of international bankers to consolidate wealth and power in their hands. The media then and ever since has used the same playbook, “It’s the end of the world, get out of the market!” No, its not the time to get out of the market.
You either get out of the market before the collapse, or you buy! Buy! Buy! There have been really few ‘out of this world’ buying opportunities, and generally only one per lifetime. 1929, 1973, 1987, 2001, 2008. There could be others, but those are the dates that stick out with me. Another was March 17 of 2020. It was just a one day “COVID” thing at the start of the Toilet Paper Apocalypse”.
1987’s was pretty much a one day in October thing also. But man the one that really hurt was 1929. They’d used their buddies in the media to drive people out of the market with fear. There’s a great story of a secretary who thought for herself in either Pennsylvania or New Jersey, and she saw what was going on and she bought stocks like crazy. She ended up owning one of the most expensive hotels in Washington DC.
People always like to use the example of Joseph P. Kennedy Sr who cleaned up when the market crashed in ’29. He had liquidity, cash. That’s what I heard on YouTube the other day from a former hedge fund manager that Greg Hunter (USA Watchdog) was interviewing. His take was the same from Brandon’s article, the collapse is coming, there’s no more wiggle room, they’ve exhausted the “print your way to prosperity idea!”
His advice was hold cash in your investment portfolio. Be at max liquidity. Because at those times I listed above, with the exception of 1929, the markets rebounded within 18 to 36 months. People on cruise control who just keep dollar cost averaging into the market will do great. But if you want to do incredible, buy at the bottom. Do not get out at the bottom.
[At the end of Brandon’s article was a gold commercial. I thought geez is that what this was all about? But I swear the info he gave out was solid, despite it being written for the Birch Gold Group. There is not a legitimate precious metals market. If there was prices would be going through the roof, they’re actually down at the moment. But the metals market has been distorted forever by something called “paper gold”. The COMEX.]