Sell Your Stocks

I said it before, and I will say it again now: SELL YOUR STOCKS.

A giant economic reset is taking place that will bankrupt thousands of companies worldwide. Millions of terminated employees will be selling their stocks and demanding benefits that will cause the Niagra Falls of equity liquidation. Governments worldwide will continue to spend like drunken sailors piloting barrels over the precipise, and that stream of money will buy inflated food and other key staples, not equities. Worse, the firehouse of cash will likely be spent in all the wrong ways, fattening overpaid union “sweepers” and mid-level bankers who collectively sell no products to no customers. Meanwhile, the average person will be slammed with spiralling taxes and declining personal wealth.

Owning stock is fast becoming a luxury of the few, versus a money management strategy of the masses. Get ahead of the curve before the DOW makes 8,000 look like a high water mark.