Resource analyst and futurist Chris Martenson thinks many people will be devastated when their paper wealth disappears in a coming market crash. Martenson explains, “We have these things call wealth destructions. Markets crash and people lose money they thought they had. If you watch carefully, what really happened was the claims that got out of balance came crashing back to reality. So, you might as well own some reality. I am a big fan of people owning tangible wealth. This is land, productive enterprises, investing in yourself, investments you make in your home if you own it. Things that will help you spend money on food and fuel down the road. These are the kinds of investments that make sense to me right now. If you look at stocks and equities right now . . . and these valuations are so stretched, at this point in time, the only way you can make a case to further buying into financial assets at this point is because you believe . . . the central banks are just going to keep buying these assets. If that’s the case, feel free to do that. Please let’s remove the word investing from that statement and say I am going to speculate on the idea that the central banks are so deep down this rabbit hole that they have no other course of action, and they will have to keep doing this. That’s a guess. It’s speculating and not investing.”
Join Greg Hunter as he goes One-on-One with Chris Martenson of PeakProsperity.com.
All links can be found on USAWatchdog.com: usawatchdog.com/you-can-look-s…
Sharing is Caring!
See also Stanley Druckenmiller: “This Is The Biggest Bubble I've Ever Seen" Stock Market Crash By Year's End!