This is absolutely insane:
— The Kobeissi Letter (@KobeissiLetter) March 29, 2025
From Wednesday to Friday, the S&P 500 lost -$100 billion PER trading hour for a total of -$2 TRILLION.
Then, after the market closed on Friday, S&P 500 futures erased ANOTHER -$120 billion in minutes.
What happened? Let us explain.
(a thread) pic.twitter.com/Rc1GCF1876
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I’m a retired DoD employee. I moved my TSP/401K out of the stock market over a year ago. I transfer part of it to a Gold IRA when gold was under 2K and I’m glad that I did.
Probably a good move. Although I expect your gold IRA will evaporate in value as well if things go sideways. You may be number 42,390 in line for your claim to those chunks of gold that you aren’t touching. Just beware of false sense of security is all I am saying.
If you can’t hold it in your hand…you do not own it!!! Sorry…get physical metals…tell no one and place in a quality $8000-$10000 dollar American made safe. Anchor it into the wall and anchor the bottom into a concrete slab…get ammo and firearms…Never trust the banks or our thieving government…Get rid of all the paper money as you can. Only keep enough in any bank to pay monthly expenses…Good Luck!!
I have been telling everybody that we are going under 40,000, they laugh at me and say Trumps in the WH, we going to great. Yes we maybe but Deep State, Blackrock, Vanguard, Fidelity and the Leftist Democrats and Rhinos Republicans want him to fail. But it’s not going to happen. But people are going to suffer at first cause of the opposition to his policies. Our Hope Needs To Be In God and Not Man(Trump), I’m not saying don’t back him, but don’t think he is our Only Answer! He is God’s instrument. God Is A Jealous God!
Moving your 401k into GOLD IRA, just hope you got with a company that has low yearly fees and will let you withdraw your GOLD physically as you want or need it. If you don’t have it in your possession, you really don’t, per say own it).
I prefer my Silver/Gold in my safe under lock/key backed by Lead….js.
Al as often Israel was destroyed and sent into slavery for sin.
Where do you see America in our sins against God being blessed by God?
Please give scripture to support your thoughts.
Gold IRA. In hand physical metal? Paper will be worth zero as the market has sold ten times the amount of actual gold available.
Was Trump selected by the deep state to be Hoover 2.0 aka Greater Depression and America’s bankruptcy?
The Deep State can crash the system to drop the blame on Trump and MAGA.
Time will tell.
certainly, didn’t we know that even before he took office?
I’ve mentioned it a few times here on NC Renegade as a possible reason the “lost 18 million” Biden votes didn’t come into play.
But some still think Trump can refloat the USS Titanic even with deep staters burning holes in his patches and crippling his debt pumps.
I’ve asked Al Buckner above to show me some scriptures to support his constant thought Trump’s going to fix America.
I’d like to share his hope IF it’s scripture supported. All earthy kingdoms fall. History proves that.
Why would scripture quotes convince you?
What would convince you?
Faith is far more important that you are aware.
I own no stock. I have no interest in owning stock. If I was, I would guess that the best business to invest in since 9/11 is war. The 5 biggest weapons contractors in the U.S. in 2022 alone made $192 billion. With $$$ like that floating around, are our enemies real or invented?
“The war was not meant to be won, it is meant to be continuous.” George Orwell
With USSA Empire’s $$$$$ Funding being DOGEed, there will be Consequences. Of course we could continue to bankruptcy or try to avert a total collapse.
It’s Trump or Bust, maybe a bust no matter, but I certainly am happier sticking it to the democRat Bolsheviks for a change.
Toughen up cupcakes, it might even get more frisky.
Here you go -- most will disagree.
https://youtu.be/hCSfkCXJSQ8?si=ovFlSi3A2fC6ShZ6
Part 2….
https://youtu.be/tjD796-60nU?si=ktIveo7hkEJqd2O6