This on the news today.
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Thinking about this story along with WEF statement 'You'll own nothing and you'll be happy', it occurs that the current story could be a way of luring people into situations where they lose assets rather than the elite taking them away by other means. Can't remember where I read it now, but part of the plan was that the govt would pay out individual debts in return for ownership of the underlying asset to usher in WEF agenda. If that's close to what the plan is, the story had to be a big one to get a lot of attention. If people are worried enough about their financial future what with the economic fall out of lockdowns, then they're probably inclined to take more risks.
This is exactly what they will do and what markets are for.
In the late 90's during the dotcom bubble, as you will know stocks went to ridiculous new highs and came crashing down eventually. This whole rise and fall was blamed on retail daytraders. In reality, retail traders don't have the capital required to shove around trillion$ worth of stocks. The rises and falls in the market, and indeed the boom&bust cycle itself, is entirely managed by the money masters. The C's have pretty much confirmed this as well. They are the ones who inflate asset prices to the moon, get average Joe excited, and leave him holding the bag in the aftermath.
Around 2001 restrictions were put in place (pattern daytrading law) and retail traders were kicked out of the market after receiving all of the blame. But what really happened is that institutions quietly bought up stocks for 2 decades previously, engineered the FOMO of the late 90's, and sold their bags to the public at the top (and then blamed them for it).
Since 2008 (the back-breaker event after dotcom crash), stocks have risen massively. Yet few people were aware of this until very recently. This is due in part to the PDT law, and in part to the controlled media scaring people out of stocks. Every big hedge fund manager, economist and public financial personality for the past 10 years has been telling everyone to stay out, calling for stock market crash, etc. Why? Because they were taking the other side of the trade.
The entire bull market from 2008-2020 has been driven by institutions, with the public having almost zero exposure to it and not gaining from it at all. This is very similar to the last cycle, where from 1987-1999 not many people were in the stock market, and retail interest mostly showed up in 1999 to buy the top.
Now, since Robinhood entered the scene things have started to change yet again. You've probably noticed since the start of 2020, everywhere you look there's adverts for stock brokers, commission-free trading, fractional share buying. All of a sudden there's a fever for investing again, and all of a sudden the gatekeepers are finally happy for you to invest again. And with the likes of Robinhood, retail finally has an option to buy big into the market again. They'll happily give you access to big leverage and a huge array of long OTM options (I.E. "enough rope to hang yourself with").
So what happens next? Well, in the mid-term, likely over the next few years, the stock FOMO continues to increase, and gains start to hit the level that we saw in the dotcom bubble. A bunch of people you know will be making some money in the market, and that's your sign that the institutions are selling their bags to retail once again.
In the short term, I'm not sure we're quite there yet. There could be a couple of violent stabs down in the market soon to clear out some of this fresh excitement, after which the money masters will pump it back up (fractal of the macro cycle but on a smaller timeframe). So I wouldn't say sell everything but do be careful out there. The game is rigged to use your monkey brain against you.
You see it already with the GME thing. Armies of retail buyers got suckered into an ideological war and got huge leveraged buys filled at an average price of around $330. Yesterday it hit a low of $75 and you can guarantee anyone who got excited and took on too much risk there is now liquidated. I personally took a long position at $80 based on this, looking for a short-term mean reversion, but you can be damn sure I won't be holding it or joining "the good fight" based on emotion.
This is how it works, it uses your emotions against you in order to extract money (energy) from the plebs. The only way whales stay alive is by feeding on massive numbers of plankton. It's almost akin to a natural law. Go check some of the losses posted on /R/WSB and tell me they're sticking it to Wall Street.
Now Mark Cuban is out there telling people to double down:
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These billionaires and hedge fund guys are not anyone's friend. Whether it's Ray Dalio and Robert Shiller telling you to stay out of a 12 year stock bull market the whole way up, or Mike Novogratz telling you to buy and hodl cryptocurrencies as they came crashing down, whenever anyone like this gives public advice it should only ever be ignored or faded.
There are far, far more interesting and promising things to be looking at right now than this