(Literal) Uncle Intel: Stock Market Carsh Next Wednesday

Just reporting what I actually heard. I don't have a dime in the stock market and kidnof hope it carshes.

bump-a-lump

Wrong, my uncle said it will crash on April 31st on 9:32am

At least this is a relatively short-term prediction, and we only have to wait a couple days to find out.

I wonder if it's related to the bioweapons. You'll notice that it was the BRIC countries that demanded an explanation from the US for these labs. If they were to pull support for the US dollar as the world reserve currency, then that would definitely destroy the US markets, since world reserve status is the only thing keep the US dollar afloat given our 30 trillion dollar debt.

US would turn into a third world country in the blink of an eye.

Enter Anal Schwab.

In any case, I posted this because it's real actual "Uncle" intel, from an actual uncle.

Hard to believe...

Russians, Canadians, Euros, all running to convert their currencies to dollars due to either war or capital controls and everyone still thinks the dollar is going to collapse?

When things get chaotic foreigners still rush into OUR currency.

Until that changes the dollar won't collapse.

The 16th does have some serious market problems associated with it. So yeah I'd say that there is a higher than normal chance.

Nothing collapses until the true ruler of earth is exposed. That's how its worked since ancient Wales was conquered by the bs family

That is ONLY true because the US dollar is the world reserve currency. If that changes, all bets are off. If interest rates start going up, just to service the existing 30 trillion in debt, they're going to have to print money, and that's when the downward spiral begins.

In any case, not sure about the intel, except that this uncle claims that his source is well connected with the Pentagon and sounds certain about Wednesday March 16 specifically.

That one Chilean guy from Ukraine interestingly says that people who own homes now would effectively get them for free. Was that why Black Rock was buying up all those homes for well over market value and inflating the entire housing market, so as to squeeze as many people as possible out of being able to own a home.

So I didn't understand at first why we'd basically get our homes for free. But with a little thought, I think I figured it out. This guy is a big financial guy, though, so I took it seriously. He says that a article he wrote for Zero Hedge in 2010 about the world financial system was the second-most-read article of the year.

When the dollar hyperinflates, suddenly, let's say, a carton of eggs costs $1,000 dollars. Well, then employers will have to inflate their employees' pay. Nobody is going to work all day for a carton of eggs. So people's salaries are going to inflate as well. So if I made a thousand dollars a day, that might have to become a million dollars a day.

But the loan amount for homes is fixed. So with even my inflated million-dollar-a-day salary, I still only owe, say, $250K on my home. That amount is fixed. So, in a few hours of work, I could pay off my entire mortgage.

Again, this guy has lived through several hyper-inflation scenarios and knows how it works. My great grandmother tells stories of when the Hungarian currency (the pengo) hyperinflated, people had to take a wheel barrel of money in just to buy a few food items.

So when that happens, they end up having to issue a new currency. Which is what the globalists want, a new global currency.

So, even if you own home, though, this guy says that the problem is that people start selling their property (now at deflated prices) just to get enough money to buy food.

Eventually the intent here is that the government will own all property, hand out a basic income, and even have food distribution (non-jabbed need not apply) ... and we'll all be happy.

And what are those market problems?

Agreed. The US dollar is the least dirty shirt in the laundry hamper.

BUT ... what if Russia and China jointly announce that they will no longer accept dollars for oil, wheat, natural gas, manufactured products etc. and insist on payment in precious metals only?

The SWIFT ban already making it no longer world reserve currency...

[link to www.rt.com (secure)]

you are way behind; the dollar is no longer the reserve currency. look up how all countries are revaluing their money and establishing new currencies.

If you are going to give a lesson, learn the material first. Get informed before spreading old outdated information.
this is not meant to be mean or derogataory, only advice, as the importance of being up to date is of the highest priority for survival for all.
HAVE A WONDERFUL DAY.

I wasn't giving any kind of "lesson" but was just opining and sharing the uncle intel.

In any case, there have been moves for years to move away from the dollars. But there would have to be some official recognition of this fact before it would impact the markets, some triggering event.

THIS ^^^. Some "official announcement" might cause the final collapse. Yes, countries have been trying to move away from the dollars for years, but some kind of official announcement like this would have a sudden impact.

First OP, I give you 3 stars for the literal uncle intel thread.

Next, I bonus you an additional star for proper GLP etiquette by using 'carsh'.

Finally I add a 5th star for the short term doom.

Well done OP.

Thanks. That was the intent. When I heard this from my wife's actual uncle, I just couldn't resist. I posted this largely to play into GLP themes here, for fun. I don't know if this is reliable at all, but GLP thrives on Uncle Intel.

Hey, if this does pan out, I'll definitely be getting my Uncle on the line and finding out what comes next.

"Hey, Listen. This is your Uncle."

fun.

Let’s see what happens at FOMC. It seems contrary, but for the short term I believe the markets may be ready to bull-up a bit. Yes, I know the S&P500 had the death cross and that’s historically bearish.

However strange it may seem, even a 50 basis point (.5%) Fed rate hike may be perceived as strengthening the dollar. Yes, I know, it’s all quite ridiculous. No, it will not slow the inflation tsunami. I have no crystal ball, no psychic insight, and no insider information. I’m not a financial advisor and I won’t give you financial advice.

Just don’t be surprised if were up by close of Friday from last Friday.

This could be offset by unforeseen events in Ukraine, for the good or for the bad.

Yes, fiat is doomed. No, the CPI doesn’t really indicate actual inflation (I don’t think). Yes we’re moving to a digital currency, etc. I’m getting this in there before people start putting words in my mouth regarding things I’m not even talking about.

Great post. It wouldn’t entirely surprise me to see a FedCoin type digital currency.

You initiated the GLP effect OP. Now the market will not carsh next Wednesday and your Uncle’s intel will be for naught. The proper way to handle actual intel than plays out into a happening is to not say a word, then when it happens run to GLP and let us know that you had insider info that it would happen. We will then raise 16 BS flags and point and laugh.

This is the way

OP what about bitcoin. HAs the us govt studied this failsafe option?

btw satoshi posted here!
Thread: I am the Father of Cryptocurrency such as Bitcoin

All my uncles are dead. That's why I come here for intel by proxy.

Fixed!

THANKS DUDE...WE'LL PUT U ON THE SHORT TERM DHOOM LIST..UH....

Powell already gave it away a few weeks ago when he said 'it would be okay if there were more than one 'reserve currency' in the world'. I am paraphrasing, but he pretty much admitted that the US dollar would be losing it's role as the reserve currency soon.

I call this BS.... He never said that!!!!

talk to us like we are 5 years old.....this fellow is the best!!!!

[link to www.youtube.com (secure)]

:bs: