The demise of the capital and cryptocurrency markets have been prognosticated for years. Over the past few weeks the stock market indexes across the world have seen major losses. Everyone you speak to states the inevitable is around the corner - the greatest of all recessions is looming.
There are so many geo-political and media events occurring across the world that it is difficult to ascertain the end result. Each and every one has a strategic aim but will any one of them come to fruition. Here are just a few:
- Khashoggi - a covert plan to have Saudi Arabia attack Iran
- Russia and Ukraine - attempt to destabilize Russia and the largest oil producing nation
- Canada - oil and pipelines as well as the carbon tax and NAFTA
- France - nationalism and fuel/carbon tax fiasco
- USA - the Donald remains the big question mark and nationalism - NAFTA & tariffs
- China - the arrest of Huawei’s CFO and what does it mean for the tech-giant
- Yemen - starvation
- Syria versus Israel, USA and ISIS
- Great Britain - Brexit unresolved
- Africa - Ebola
- South America - Brazil, Argentina, Venezuela
- South Africa - Apartheid reversal
- UN Migration Pact
I don’t believe anyone one of them except “NUMBER 6” really matters at this point in time. Of consequence is Canada’s ass which is of course caught between two giants - the USA and China. I believe the initial impact will continue to have consequences for the market, but they will resolve themselves quite quickly to the satisfaction of all parties.
Thereafter the market will once again continue to climb, and it will do so until it hits 30,000. The climb will end sometime between the end of 2019 and before the U.S. election. In the interim, interest rates will stabilize and may even fall once again.
By now many people have lost money in the stock market and most have pulled out their remaining balances. The media has stood completely silent with the accompanying Cryptocurrency losses. Many are likely trying to get out but won’t be able to do so until the crypto-market hits bottom - that may be in early 2019. When the dust settles the financial institutions will have perpetrated the largest heist in the history of banking.
The final move will involve China, Russia, the Exchange Stabilization Fund and the IMF SDR. A global reset is scheduled by the end of 2019. Gold and silver will likely make a dramatic comeback. The age of trans-humanism and artificial intelligence will be formally baptized.
Thank you,
Joseph Pede
UPDATE:
Dec 10, 2018 Ounce of Canadian Gold = $1,667.00 Nov 27, 2019 = $1932.00 up 16%
Ounce of Canadian Silver = $19.48 = 23.00 up 18%
No comments:
Post a Comment