• The Numbers Are Meaningless...All You Need To Know Is Our Currency Is Being Debased And Equities Are In A Money-Printing Bubble

    November 30, 2021
    2 Comments

    Bondzilla Is coming

    Image by Ajay Suresh

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    We will report the economic data released this morning below, even though we believe the numbers coming out of Washington are meaningless gibberish. All investors need to know is the globalist White House is destroying the U.S. currency, spinning up crime, and doing everything possible to destroy our economy as we know it.

    But the market remains high you say? Why is that you say?

    Because, financial assets are not trading on intrinsic value, or a present value of expected cash flows, they are trading on unlimited printed money. Here we call it 'quantitative easing' but in banana republics it's just called printing money.

    I wrote about this in my first novel -- Currency.

    The Federal government runs out of money to pay its bills in three days.

    There is a vote coming to raise the debt ceiling.

    The best thing to do would be to cut Pelosi and Schumer off from the free money, like an out of control college kid with Daddy's credit card.

    However, dirty Mitch McConnell will probably let them off the hook again.

    The only way plausible way forward to get our country back is to have a real old-fashioned 'come to Jesus' meeting in Washington...meaning, it's time to pay the piper and get our financial house in order for our descendants.

    How in the world do you trade this market? You look for under-appreciated assets that have been left behind for years. These would be under-valued commodity-oriented stocks, energy, gold, etc.

    Bonds are a joke. There is no yield. Bondzilla is coming with his interest spike ray gun.

    As we have said, buy things you can touch, as the currency will be devalued as well.

    We believe we will get our country back but we have to go through some pain.

    It's not different this time -- Bondzilla is coming.


    Housing Price Index (MoM) (Sep) printed at 0.9%.

    S&P/Case-Shiller Home Price Indices (YoY) (Sep) printed at 19.1% vs 19.3% estimate.

    Chicago Purchasing Managers' Index (Nov) printed at 61.8 vs 67 estimate.

    CDMedia is being targeted and obviously too effective! We need your support to put more reporters in the field! Help us here!       

    Author

    L Todd Wood

    L Todd Wood, a graduate of the U.S. Air Force Academy, flew special operations helicopters supporting SEAL Team 6, Delta Force and others. After leaving the military, he pursued his other passion, finance, spending 18 years on Wall Street trading emerging market debt, and later, writing. The first of his many thrillers is "Currency." Todd has been a national security columnist for The Washington Times and contributed to One American News, Fox Business, Newsmax TV, Moscow Times, Novaya Vremya (Ukraine), the New York Post, National Review, the Jerusalem Post, Zero Hedge and others. He is also founder/publisher of CDM. For more information about L. Todd Wood, visit LToddWood.com.
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    Thomas J McMahon

    China devalued the yen decades ago by printing money in order to offset their massive debt. It worked for them. Now the Fed is doing it. And it will backfire here. The Chinese people are disciplined, thrifty and follow orders. The US citizen consumes. The excess cash will not be saved / invested. It will be pissed away by a fat, spoiled, entitled populace and we will wind up even further in the hole. Hello Zimbabwe.

    BACK2THEFUTURE

    ABBA Father has given us a little time. He has given the nations over to their gods. There's nothing to trust but Abba. All the leaders are deceived foaming out their own filth. The real reset is coming. Goats to the left and Abba's sheep to the right. The world is phoney. The real King is at the Door. Jud 1:13 SOMB "They are violent waves in the sea, foaming out their own shame. They are wandering stars, for whom the blackness of darkness has been reserved forever."

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