Ponzi scheme could crash - US30 - all marketsPanic and doom are transformed overnight by relief, hope and greed - in what is widely known as the biggest Ponzi scheme in the history of the world. Google and YouTube are your friends.
This is not a prediction - it is an expectation based on hard facts that are out there.
Yes - the markets are always right as I hold no power over the future. But there is a thing called reality and even markets have to obey it!
Ponzi
Gold rush could be coming soon. The markets are expected by me to go wild over the next few days/weeks. Expectation is not prediction in my philosophy. . There is likely to be even greater uncertainty about the economies of the world. When there is deep uncertainty, people reach for tangible ways of protecting their store.
There is considerable risk that the global Ponzi scheme may come tumbling down. As I do not predict, I cannot say when. These a troubled times.
I expect Gold to rise considerably.
DISCLAIMER:
The information provided herein is opinion only. Under no circumstances do any statements here represent a recommendation to buy or sell securities or make any kind of investment. You are responsible for your own due diligence. To summarise, I do not provide investment advice, nor do I make any claims or promises that any information here will lead to a profit, loss, or any other result.
The whales have exited the building & they thank the bagholders!Based on the literal description of Ponzi scheme... you can basically say that any IPO is a ponzi.
The first in, get the biggest profits because they sell to the last in, that are the bagholders.
Those millionaires and billionaires sure do thank you, the commoners, from the bottom of their greedy black hearts!
'Murica