2015年5月5日 星期二

50-Year Veteran Warns Massive Bubble Is Ready To Pop And It’s Going To Crush People

有好多沒經歷過逆市的人, 以為自己已搵到一套致富秘笈, 可以無限加按借錢去投資, 樓市又好, 股市又好都有同樣的風險 ! 自己財力沒夠豐厚, 只靠借來去賭大細, all or nothing 是好危險的, 如果跟到升勢如[借畢菲特一千萬]個位和[最高持13層樓]個位樓市CY, 就大富特富, 不過一唔好彩遇轉市, 神仙都救你唔到的 !

人地指正你唔係妒忌你, 而係如見到你在大車路行走, 叫你小心唔好俾車撞姐 !

kingworldnews.com

With global stock markets surging, today a 50-year market veteran warned King World News that a massive bubble is ready to pop and it's going to crush people.  He also spoke about the action in the gold and silver markets.

John Embry:  “I’m focused on this interesting action in gold and silver this morning.  They were smashed in an orchestrated raid late last week, and it was obvious that is was a massive algorithm-related selling bout that occurred at the usual times.  Then you were subjected to the obnoxious headlines on Kitco, which if you understand these markets you would also understand are pure propaganda….

“Kitco is allegedly a gold site but it goes to great lengths to obscure the truth about what is really happening in the precious metals markets.
Thus it is more than encouraging that gold and silver have rebounded so sharply this morning.  Does it mean that we are out of the woods yet?  I think you would have to ask the Bank for International Settlements, the Western central banks and their bullion bank cronies, to get an accurate answer, and I can assure you that they won’t be talking.

This Will End Very Badly
 
All I can tell you is that gold and silver are remarkably cheap in a world where many other assets are dramatically overvalued.  It is gratifying to me to see well-connected people coming out of the woodwork and questioning the ultimate outcome in a world where negative nominal interest rates are proliferating.  I think this is a horrifying development that is going to end badly.
 
In this environment, it’s not surprising that stock markets have become extremely overvalued, as investors search desperately for a return on their money.  To me this is a very risky game, and if history serves as any guide, it’s going to end very badly.

Action In Gold And Silver
 
Now the action in the gold and silver shares is actually very encouraging.  The HUI (Gold Mining) Index has consistently been making higher lows and is currently threatening a significant breakout.  I apologize for repeating the obvious but when gold and silver prices escape the current suppressive activity, the mining stocks are going to explode to the upside.  The smart money has figured this out and is positioning itself in the high-quality mining shares ahead of this explosion.”
 
Embry added:  “I want to talk about an overvalued asset that has recently been in the news and that’s Canadian housing.  Canadian housing made the headlines again when the Economist said we had the most overvalued housing market in the world.

Massive Canadian Housing Bubble
 
That honestly surprised me because I didn’t think we were the most overvalued in the world, but seeing what’s been going on in the neighborhood I’ve been living in for the past 15 years, I’m not going to take issue with that statement.  Prices are going bonkers in my neighborhood.
Nevertheless, Prime Minister Harper said he didn’t anticipate any housing crisis in Canada.  And the head of the Bank of Canada, Stephen Poloz, said he didn’t believe Canada was experiencing a housing bubble, after previously acknowledged that housing in Canada appeared to be at least 35 percent overvalued.

Massive Bubble Is Ready To Pop And It's Going To Crush People
 
Well, the problem with bubbles is that you don’t always know you are in one until it’s too late.  In my mind there is no doubt that Canada has experienced a major housing bubble and I feel very sorry for the young people who are way in over their heads at this time with far too much mortgage debt.  When the bubble pops, it’s going to crush many of these people.”

2 則留言:

  1. 如果金融真崩潰, 就算你贏期指都可能無錢收, 所以還是遠離炒賣好D !

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