The Atlantis Report and SRU Sunday 5-2-2021 "Monday is Money Day"
The Atlantis Report
2021 Stock Market in Epic Bubble just like 1929 Crash !!
Premiered 18 hours ago
The Stock Market is a house of cards; The unemployment numbers are inaccurate. We are in May. In May, sell and go away. The correction begins.
The fall will be faster and harder than anyone can imagine. There are no models that can include mass panic. Therefore no one can know exactly how it will happen. Market up 10-fold last 30 years. Best buys were March 2000 Y2 K crash, March 2009 Banking crash, and March 2020 Covid crash.
So about every decade,in March. It was Bernanke that said the housing market was not overvalued right before it collapsed. You can only flatten the Yield curve so much buying Treasuries. If this decline continues on Monday, you should implement your exit strategy.
Monday will be Money Day.
Sell all the companies that have less than 5 billion market cap; those are lower quality stocks that will have the substantial correction anytime soon. They won't be able to handle the shortage of supplies and labor when the economy reopens. And if inflation keeps increasing, it will eventually eat away any earnings.
If the Fed inflates assets 100% by devaluing the dollar, no wealth was generated. The purchasing power or value of the asset HAS NOT CHANGED.
Capital gains taxes need to be derated for inflation otherwise it's straight up theft by money system!!
For the full transcript go to https://financearmageddon.blogspot.com
Silver Report Uncut
Costco Hiding Inflation With Shrinkflation, Silver & Gold Will Be All That's Left In Currency Crisis
May 2, 2021
Costco is hiding the rapid price inflation they are pushing on to consumers, In fact, companies all across America are reducing the size of what they're providing rather than tipping their hand they have drastically raised prices.
The Bear Traps report notes, is now charging the same price for paper towels but the roll has 20 fewer sheets. TBT refers to a recent post in a Red Flag Deals message board, where a member makes the following observation: Costco paper towels. Same price as the previous several times buying them. Now with 20 fewer sheets. 140/160= .875
They're not alone everyone from Kimberly-Clark to Clorox, Procter & Gamble, as well as food makers such as Hormel, JM Smucker, General Mills, Skippy and Hershey are already doing. the decline of 20 sheets per roll of towels from 160 to 140 for the "same price" is the functional equivalent of 14.3% inflation, and as TBT notes, "In our experience, only potato chip companies can get away with selling a half-empty package."
The customer said "I tried telling the clerk at Costco about this, and they said, “who cares, it’s just 20 sheets.” This will be the typical response. They won't be able to hide the soaring inflation for long and Jerome Powell just stated He intends to allow inflation to run much higher than 2% to make up for lost inflation and said their new mandate will be an average of 2% inflation.
During currency collapse, it's typical for a nation to use multiple currencies since a fiat currency requires faith, Once a nation begins to lose faith in a currency there is little that can be done to prop it up.
Many smart people actually suggest this is impossible and maybe in the old world, but this is their new one. Janet Yellen just told the G20 to start buying more SDR's which are a world currency from the IMF, this means the world's richest economies are beginning the transition away from the dollar.
Silver and Gold, along with privacy coins will be essential to protect one's self from a dollar collapse as all of those international dollars come flowing back.