The Market Is Overvalued And Manipulated To Keep The People From The Truth - Episode 1285a
Many Americans have never recovered from the great recession, many don't have the ability to meet a $400 emergency expense. Many people said they would have to go further into debt to meet the emergency. Farmers are being hit hard, delinquencies have increased by 225%. S&P 500 is overvalued and manipulated to make the people believe that we are in a recovery. The entire system is on the edge of a collapse. The bankers are trying to crash it and Trump is trying to crash it but change the system when it comes back up.
Hi Dave, I am a long time watcher of your channels but have not commented before. I appreciate your unique view on the financial situation and have taken your advice on how to be better prepared.
Me too, i never commented on youtube
Longtime listener.. never made a comment before either.
Welcome aboard to X-22/Dave
Another great vid, Dave! Keep up the great work. I've been a supporter for a long time. The manipulation is right in our faces, but the masses will still get caught off guard once again.
This is my first writing on steemit. Could someone please upvote and resteem it. It needs help. lol https://steemit.com/life/@jdawg/advice-to-my-younger-self
I upvoted but not moved up 1 cent
Upvoted. Good piece! By the way, your article motivated me to release another of my Pal's letters - a poem, in this case. The title is "A Grandfather's Wisdom: Goodby" I find it a perfect partner for your article.
Thank you Dave. How is steemit compared to youtube?
The stock QSR which owns restaurants Burger King, Tim Hortons, Popeyes chicken, and Moxie's Grill. Has a EPS of .84 and which is trading at 60.74. That means it has a P/E ratio of about 72. You would need 72 years of earnings to match its current stock price. BBW the stock ticker for Build a Bear Workshop its EPS is currently .03, and the stock price is 10.70. So its P/E ratio is about 364. It would take 364 years of earnings to reach stock price. These are just some examples of stock overevaluation. How could anyone say that the market is undervalued with these and other stocks having these kinds of P/E ratios. CNBC needs to put the punch down if they think they are being honest.
Thanks Dave. Resteemed & Upvoted.
I'm waiting for the time when a company declares bankruptcy, and their stock doubles. You might laugh, but I really wouldn't be surprised to see it happen!
upvoted and followed- please consider following in return- we are on the same page of awareness. Grateful and glaf to see you on steemit X22- you are assisting in dissolving the illusion.
Thanks Dave
And the circus marches on...c'mon SILVER & GOLD!
Stats on Americans savings is very alarming.