I mentioned to my spouse a few weeks before March 15th, to stock up on some TP. Water that week prior, but I didn't tell her why. Reading in the stock market charts, observing surrounding situations, I felt there was a great disruption that was about to take place soon, and wow, did I ever hit it on the TP part as this Corona virus hit. While I didn't know the event, I could read the disruption in the charts were due soon, and the influencing events that aligned.
We have no identifying markers among posters, but I am the one who warned about raising cash as a GM unemployment fund going forward. I was also the one whom warned about problems in the stock markets going forward. 2001 was bad, 2008, was worse, 20XX will be the worst. Some of you have read my posts, and marked me up or down accordingly. I take no ill will from it one way or another. I also have many 20+ vote up posts inserted here on the forums, and for that I appreciate "you" actually believing my contribution matters.
For those that have prepared for this, it's no secret and well done. Everything is under lock and key, having an unemployment safety net was the right call. GM does it's thing, but unknowns add to that uncertainty. I've worked at GM for two decades, hired and fired a half dozen times, I know the protocol. Add in a few black swan events, and here over the decades, and here we are today. I can see things in the charts, and read the financial and economic delivery well. At times, well before they occur.
Let's keep this topic Corona virus free as possible, but Corona isn't your issue. It will mitigate soon enough, and the economy will push on. The goal in this entire endeavour, was to acquire the trillions in bailout to allow the economy to sustain, and to push higher. Make no mistake on that. Watch how they push everyone back to work very soon. Through fractional reserve lending, ALL money placed into existence, will now allow one dollar, to nine new dollars to circulate. This trillion dollar bailout, has just become many trillions without anyone ever considering it as such.
I specifically mentioned, that 2001, 2008, and 20XX will be tremendous years in the market. We are down 30 percent. I don't think this is the real decline, not at all. This is a test, and a preliminary event. They have NOW, an unlimited ammo of currency to pump this market and economy higher, at a time when they could not do it under normal circumstances. "Never let a good crisis go to waste". Cornavirus, whether you believe it true or not, I do apologize, was the cover for this liquid currency injection. You WILL see the economy roar before this year out.
It is my opinion that we WILL recover very soon. They got their money. We will see record highs in the Dow. But, this will not last. This I believe, is the fake pump, and it will be grand, but the false pump before the real collapse ensues.
Please get your unemployment funds in order. I beg you.
Please feel to ask me anything you want about this economy. I won't claim to know everything, but I will be happy to offer input as best as I think, as I can see it. We aren't all that indifferent from one another. We all want the best for our family, and to be left alone to enjoy our freedoms. We don't like kinds of irregularities.