Martin Armstrong – Rich People Selling Stocks Again

Started by rmstock, September 28, 2020, 02:22:14 PM

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Martin Armstrong – Rich People Selling Stocks Again
77,791 views • Sep 19, 2020
Greg Hunter • 253K subscribers
https://www.youtube.com/watch?v=kM81PFOX5jA
  "Legendary financial and geopolitical cycle analyst Martin Armstrong
   thinks many European bonds will never be fully paid back.  They will be
   a default, but it won't be an outright default.  Armstrong explains,
   "So, in Europe, all the bonds they have bought, they have to constantly
   keep rolling them over in addition to what they buy.  It's not
   sellable.  The proposal in Europe, behind closed doors, is to convert
   them to 'perpetual bonds.'  It's a way to default.  So, effectively,
   they will just give you the interest, and you can never redeem them."
   
   As far as the stock market goes, Armstrong says, "Rich people are
   selling stocks again."  Remember, this is just like what happened just
   before the CV19 lockdowns.   
   
   What can the common man do to cushion from what is coming?  Armstrong
   says, "Buy canned food because food prices are going up."
   
   Armstrong also like soft commodities, energy and gold and silver,
   especially silver.  Armstrong says, "People are not going to know what
   a silver bar is . . . I would buy silver coins that are dates 1964 or
   earlier. . . . The average person can look at that and know what it is.
    I would recommend that more than silver bars.  I would say silver
   would actually be better (than gold) because it's a smaller
   denomination that can actually be used."
   
   Join Greg Hunter of USAWatchdog.com as he goes One-on-One with cycle
   expert and financial analyst Martin Armstrong. "

``I hope that the fair, and, I may say certain prospects of success will not induce us to relax.''
-- Lieutenant General George Washington, commander-in-chief to
   Major General Israel Putnam,
   Head-Quarters, Valley Forge, 5 May, 1778