Comments by "Jin Kee" (@JinKee) on "All markets, even gold, are about to crash says investor in all cash" video.

  1. 5:20 this is the key - the crash is in the short term (eg 90 days, no later than Christmas) but inflation/stagflation over the next 5 years.
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  2. 6:07 remember that in the Great Depression people thought that the crash was going to be short and sharp, but instead it was three years of brutal Deflation with bull traps to destroy wealth all the way down.
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  3. There is a war by the central bankers *against* sound money, and this guy thinks they're gonna win.
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  4. It blows my mind that silver is so low that an ounce of the stuff barely buys a nice pair of shoes. If it goes any lower then the world is insane.
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  5.  @Ryan_Tinney  the streets in heaven are paved with good intentions
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  6. After this is all over, do you think they're gonna ban trading on margin?
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  7. The evidence is in how overleveraged all the traders are. We are one margin call away from the circuit breakers failing. If nobody was borrowing to trade, then we could ride out the problems in the real economy without selling shares.
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  8. This is exactly right. Right now all the price action is vs the dollar, because the stock to flow on the dollar is unprecedented right now.
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  9. 13:26 in the great depression, every time people thought that it was the bottom and it was time to buy back in the market just fell lower. For three straight wealth-destroying years.
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  10. That's a good point. I think he thinks he's quick enough on the draw to sell his stocks now, wait for the crash, buy real estate and then escape the bail in. He thinks he's going to be one step ahead.
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