Looks like Asia could be the place to go. Positive growth rates ahead. The World Economic Forum’s agenda appears to be taking place. Build Back Better! Every country has the same talking points. Everyone is calling for the Great Reset. They think that they can further their climate change agenda by destroying all jobs that aren’t green. Coal miners should learn how to build solar cells. Many people cannot make the transition to the new economy and where does that leave them? Crazy ridiculous coming down from the elites who never used their hands to change a light bulb. The stakeholder economy should be the shareholder economy.

Don’t take away our steak. Meat will be a special treat. UN says we should be eating bugs. The Elites have risen to the level of the truly absurd. Pickety is urging European governments to default on their debt and crush the pension funds. Confidence in government is collapsing and that will increase the price of gold. A similar situation to the 1980’s. We’re getting to that point now. Similar to what brought down Rome.

The velocity of money peaked in 2007 and with the pandemic, it’s gone waterfall. If you don’t trust the future. You hoard money. Inflation will spur people to buy more. Collapse in production of many products and impairment of the supply chain.

Short squeeze may have happened but Martin’s computer was long for nearly a year. The shorts were braindead. The short squeeze happened because of high frequency trading. Markets can’t handle gapping, they shut down as a result. Much more volatile and dangerous. Naked shorts are allowed. The real problem emerged in the 1980’s and re-emerged here. Increase margin requirements and crash the longs. At the end the professionals got the rules changed and then shorted. Commodity traders took over Wall Street and that was the end of buy and hold.

Precious metals are heading higher. Martin has been forecasting for a while that silver would rise faster than gold. Gold is over regulated around the world which has kept it down. Impeachment could be the straw that breaks the camels back when we look back in history. Political vendetta that has been staged. It’s been planned for weeks. And now we have the Pelosi wall becoming permanent around the Capitol.

What’s happening now in Britain is a model for the world. No more legitimate elections again. Serious problems. Will Trump be the next Grover Cleveland? Compuuter is show 2022, panic cycle. Not seen since the Great Depression. Breakup 3rd party coming. Republicans and Democrats getting ready to split.

Copper prices will continue to increase. Electrification won’t be successful. The power grid can’t support it. Renewables are not the answer. War on pipelines is happening and people are going to freeze. Maybe that’s what it’s going to take to bring people to their senses.

The pandemic has been used to terrify the populace. Completely crazy. There’s an excuse for everything. The Amish aren’t getting Covid because they don’t watch TV.

Stock markets are making new highs, temporary choppiness. There’s tons of cash and what else is there? Trillions of dollars can’t buy Gold or Silver. Big money is fleeing bond market and heading to the market. Not a question of making money, just getting it back. First target 35000-37000. Dow 65000!

 

Direct download: Martin_Armstrong_13.Feb.21.mp3
Category:general -- posted at: 4:37pm EDT



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