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Horrible Housing, Gleeful Gold, and Booming Bitcoin We’re seeing increasing signs of desperation from “them.” Europe is in deep trouble, but maybe not as much trouble as the S&P500 companies that force mandated vaccines that injured their own workforce and now face the prospect of trillions in injury claims and settlements. Ed Dowd has concerns about SPX companies and the huge liability they have – because most of them force-vaxxed their workforce. Perhaps 2 million Americans have been killed, 6 million disabled, and another – I dunno, 30 million injured? I believe this shows up in the strangely persistent “services inflation” – which is not fixable with Mayorkas-engineered (but little-people-funded) migrant invasion. If the corporate liability is 100k per forced-vax injury…that’s 3.8 trillion dollars. Cash, no checks please, from the C-suite Executives, but paid by the shareholders. What would that massive unfunded liability do to the price level of SPX? Big Tobacco Settlement, meet Forced Vaccination Settlement. Do we think the collective SPX C-suite will survive this event? I suspect they’ll all have to find new jobs. If not worse. Or maybe some can come clean now and beat the rush? Tick tock again, C-suite. In some sense, the top 10% (who own 93% of “stocks” – per yahoo) would be paying for the Zients-force-vaxxing of the nation. Perhaps forced-vaxxer Zients should face some consequences too? How about a day in prison for each vax-injured American? If the shot is Safe & Effective, this shouldn’t be a problem. A “Forced Vaccination Settlement” would have some “ill effects” on stock prices but I suspect this will take a while to manifest. When it does…it could get ugly.
Dave Fairtex, PeakProsperity.com's precious metals daily analyst from Singapore, joins Chris this week to opine on a wide range of topics from the markets, to AI, to the refugee crisis in Europe. The two spend time talking about where the catalyst for a market correction is most likely to come from. And while there is a plethora of candidates, Dave sees political risk as topping the list:
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