Bill Holter and Jim Sinclair Get Ready-Crash After Election By Greg Hunter On November 6, 2016 In Market Analysis 65 Comments
By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Recently, I was fortunate enough to be interviewed by Jim Sinclair and Bill Holter at JSMineset.com. They wanted to get my take on the state of journalism, or the propaganda mainstream media. They also wanted to get a read on what many of my guests have been saying over the past several months about what is coming for the economy. I also got to turn the tables about half way through the interview (38:33) and ask questions of two of the smartest guys in the world on finance, markets and precious metals. Interviewing Jim Sinclair and Bill Holter on anything to do with the economy is like interviewing Batman and Superman of the investment world. They have very dire views of what is going to happen in America and the world on November 9th, the day after the Presidential election. They think we are finally going to get the “Houston we have a problem” moment and are warning that everyone should stock up and prepare for a very rough ride. Please keep in mind, this interview was conducted a few days before the FBI reopened its case on the Clinton email scandal. Jim Sinclair and Bill Holter offer interviews like this to their JSMineset.com subscribers only. They were kind enough to allow me to post this interview for all to listen to on the USAWatchdog.com site and YouTube channel. Join Greg Hunter as he is interviewed by Jim Sinclair and Bill Holter of JSMineset.com. (Feel free to skip ahead to the 33:38 mark because Holter and Sinclair are a lot more interesting than me.) https://youtu.be/Y9jw9FY7y-0 k
After the Interview: Jim Sinclair has written two exceptionally long posts about getting prepared now for the coming week–especially what comes after the election on November 9th and beyond. Please go to the home page of JSMinset.com and read both of his fine posts. You can also sign up and hear many interviews of top guests that only subscribers have access to by clicking here.
Related Posts:
All Signs Point to Big Financial Crash in 2016-Bill Holter
Deutsche Bank Walking Dead-Bill Holter
Jim Sinclair-Next Crash Will Look Like Mad Max
2016 Predictions-Economic Collapse Caused by Fraud & Debt-Bill Holter
COMEX Default Is Coming Soon-Bill Holter
Guest Guest
Subject: Re: Bill Holter and Jim Sinclair Get Ready-Crash After Election Sun Nov 06, 2016 4:45 pm
http://www.zerohedge.com/news/2016-11-06/
"Sell Everything Now" David Stockman Warns, America Faces "Total Disaster...Partisan Warfare"
by Tyler Durden Nov 6, 2016 12:45 PM
"Under a Trump victory, all bets are off," warns former Director of the Office of Management and Budget under President Ronald Reagan, David Stockman. "I like [Trump] because he's against the establishment, but he has no economic program. Yes, he's a disruptor, but has nothing to disrupt with," Stockman told CNBC, "if elected, it will be partisan warfare and a total disaster." Stockman's message is clear, as CNBC notes, sell everything...
Quote :
"The markets are hideously inflated... If you don't sell before the election, certainly do it afterwards. Government is going to be totally paralyzed regardless of who wins... There could be a 25 percent draw down on markets."
As CNBC details, Stockman posits that, under a Clinton administration, official investigations and new hacked email disclosures from Wikileaks will be non-stop. Furthermore, he reasoned that the "house will become a killing field" for anything Clinton is trying to do. Ultimately, Stockman said the Democrat would enter the Oval Office bruised, bloody and all but lacking in legitimacy.
Quote :
"For six months, or even longer, there will acrimony, there will be brinkmanship, there will be paralysis. There will be a swarm of house committees doing investigations from all of these wiki leaks!" Stockman said of Clinton's hypothetical early days in the White House.
"Therefore, there will be no baton handed off from the Fed to fiscal policy as we slide into recession," he added.
Stockman, who spent twenty years on Wall Street with Salomon Brothers and Blackstone and served as a Congressman for Michigan, said the IRS is the government agency that is the clearest indicator that a storm is brewing over financial markets.
"The IRS said that last year revenue was up 1 percent and, in the last quarter, it was down 4 percent," explained Stockman. "And, in the five months since May, payroll withholding was barely keeping even with wage inflations. That means the work hours aren't happening."
From here, Stockman reasoned that with a paralyzed congress, a soon-to-expire debt ceiling, a powerless central bank and a market that's been flat for 700 days, that the pieces are in place for a crisis.
"We're in the same place today as we were in December of 2014," explained Stockman.
"There's massive risk. So what's the possible reward?"
Stockman likened the future of Wall Street, after the election, to San Francisco after the 1906 earthquake, one of the most devastating ever. For this reason, Stockman has washed his hands of everything in his portfolio except cash and gold.
"Sell Everything Now" David Stockman Warns, America Faces "Total Disaster...Partisan Warfare"
by Tyler Durden Nov 6, 2016 12:45 PM 164 SHARES Twitter Facebook Reddit
"Under a Trump victory, all bets are off," warns former Director of the Office of Management and Budget under President Ronald Reagan, David Stockman. "I like [Trump] because he's against the establishment, but he has no economic program. Yes, he's a disruptor, but has nothing to disrupt with," Stockman told CNBC, "if elected, it will be partisan warfare and a total disaster." Stockman's message is clear, as CNBC notes, sell everything...
Quote :
"The markets are hideously inflated... If you don't sell before the election, certainly do it afterwards. Government is going to be totally paralyzed regardless of who wins... There could be a 25 percent draw down on markets."
As CNBC details, Stockman posits that, under a Clinton administration, official investigations and new hacked email disclosures from Wikileaks will be non-stop. Furthermore, he reasoned that the "house will become a killing field" for anything Clinton is trying to do. Ultimately, Stockman said the Democrat would enter the Oval Office bruised, bloody and all but lacking in legitimacy.
Quote :
"For six months, or even longer, there will acrimony, there will be brinkmanship, there will be paralysis. There will be a swarm of house committees doing investigations from all of these wiki leaks!" Stockman said of Clinton's hypothetical early days in the White House.
"Therefore, there will be no baton handed off from the Fed to fiscal policy as we slide into recession," he added.
Stockman, who spent twenty years on Wall Street with Salomon Brothers and Blackstone and served as a Congressman for Michigan, said the IRS is the government agency that is the clearest indicator that a storm is brewing over financial markets.
"The IRS said that last year revenue was up 1 percent and, in the last quarter, it was down 4 percent," explained Stockman. "And, in the five months since May, payroll withholding was barely keeping even with wage inflations. That means the work hours aren't happening."
From here, Stockman reasoned that with a paralyzed congress, a soon-to-expire debt ceiling, a powerless central bank and a market that's been flat for 700 days, that the pieces are in place for a crisis.
"We're in the same place today as we were in December of 2014," explained Stockman.
"There's massive risk. So what's the possible reward?"
Stockman likened the future of Wall Street, after the election, to San Francisco after the 1906 earthquake, one of the most devastating ever. For this reason, Stockman has washed his hands of everything in his portfolio except cash and gold.
Bill Holter and Jim Sinclair Get Ready-Crash After Election