STOCK WARS! The People Rise Up Against Wall Street

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by Adam Taggart

An epic David-vs-Goliath battle has erupted on Wall Street.

And it may just change the future of investing, helping to tilt the playing field away from the huge unfair advantage the banking cartel has enjoyed for decades.

In case you’ve been sleeping under a rock for the past week: millions of individual investors have banded together using Reddit chat boards, Twitter and other forms of social media to wage concentrated attacks against large hedge funds who were recklessly (and possibly illegally) over-shorting the stocks of weak companies.

This has resulted in a series of “Infinite Short Squeezes” that has rocketed the prices of previously-troubled stocks like GameStop (GME) and AMC Entertainment Holdings (AMC) by thousands of percent over the past two weeks, creating massive losses for the over-exposed hedge funds — a number of whom now find themselves at risk of insolvency from the damage.

Famed researcher Jim Bianco joins us this week to break down exactly what’s going on here, which is a much bigger story than just the recent crazy price action. The Wall Street model is becoming disrupted by new technologies and an emerging collective ‘people power’ that threaten to strip the banking cartel of the unfair power it wields. And rather than lean into the change and evolve its model, the cartel is stubbornly resisting and instead trying to crush the agents of change.

We have seen this desperate denial from a dying regime many times throughout history, and it always ends the same. We only need look at how the taxi medallion cartel failed to stop the Uber/Lyft rideshare model for a recent example.

Of course, this breakout of hostilities only adds to the volatility of a market tenuously holding on to the highest asset price valuations on record. Will the turbulence act as a catalyst to the massive correction more and more veteran experts are predicting?

Which is why now, more than ever, is the time to partner with a financial advisor who understands the nature of the risks and opportunities in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:

 [ Watch & Download This Video on Vimeo ]

Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.

And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical resilience preparations.

We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.

But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.

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