Phoenix Capital Research's blog
The fact of the matter is that despite public opinion, there are problems that are so big that the Central Banks cannot fix them. We’ve seen this in Switzerland and China and now in Europe. It will be spreading to other countries in the near future.
This signal has triggered four times in the last 20 years. Every time it did stocks lost between 20% and 50% in the following six months.
There is a widespread global campaign to eradicate physical cash. And we’ve now got a connected insider confirming it.
The Fed has conditioned investors to ignore fundamentals, valuations, and the business cycle. As a result, we are in another bubble that will burst as all bubbles do.
Stripped of accounting gimmicks, real GDP growth shows economic collapse. And it will culminate in another stock market crash.
This is the REAL picture of the global economy. It isn’t what CNBC and the talking heads tell you. It is economic collapse.
Before it’s all said and done, the Fed will likely push to either implement a carry tax on physical cash OR ban physical cash entirely.
One weekend. The process was not gradual. It was sudden and it was total: once it began in earnest, the banks were closed and you couldn’t get your money out (more on this in a moment).
Inflation expectations are collapsing in the EU, Japan and the US. Is another deflationary spiral about to hit?
Breaking a critical trendline (particularly one that has been in place for several decades) is one thing. Breaking it and then failing to reclaim it during the following bounce is indicative of BEAR MARKET.
The market drop in August triggered by China devaluing the Yuan (another victim of the US Dollar bull market) was just the start. Once the US Dollar rally really begins picking up steam, we could very well see a crash.
In the last 24 months, Canada, New Zealand, the US, the UK, and now Germany have all implemented legislation that would allow them to first FREEZE and then SEIZE bank assets during the next crisis.
Make no mistake, the War on Cash is very real. And it’s unfolding before our very eyes.
You will not be warned of the risks to your wealth by anyone in a position of power in the political financial hierarchy.
Anyone who thinks that somehow this will not impact the rest of the globe is out of his or her mind.