More Warnings of Financial Tipping Point Coming in 2017

Earlier this year, my wife and I felt like God was leading us to sell our house where we have lived for over fifteen years. So, we started getting it ready to sell, which has been like working a second job and we still have a few more weeks to go.

It’s a bigger job than I realized at first because of all the work that must be done just to get it ready to list. Our neighbors must know something’s up by now because for the past couple of months we’ve been stacking so much trash by the street every week on trash day.

At first, I was just going with the flow, sensing God’s leading, but not understanding why it made sense. But then, little by little, it became clearer. When we met with our realtor, we were surprised to learn how much property values have increased in our area. Prices have climbed steadily each year since the 2008 financial crisis. The increased value helped me understand why God was leading us to sell this year. I believe the market is peaking this year and will begin declining by 2018 and possibly even by the end of this year. By selling now, we can make a profit, but if we waited, we could find ourselves underwater, owing the bank more than it’s worth.

When the next financial collapse happens, I don’t believe the housing market will bounce back like it did this time because the Fed won’t be able to bail us out like they did before. They created trillions of dollars out of thin air to prop up markets with the purchase of mortgage backed securities and government bonds. However, the world has changed a lot since 2008 as almost every developed nation is in much deeper debt than they were back then. Other nations have now formed well organized alliances, especially the BRICS nations, seeking alternatives to the dollar as the world’s reserve currency, which weakens the Fed’s ability to keep the Ponzi scheme going. In short, the rest of the world is tired of putting up with our failed leadership, which means the next financial crisis is likely to be far more painful and last much longer than the last one.

In that context, we can understand Rachel Baxter’s recent prophetic warning much clearer. She posted the following on April 30:

“The fall is coming this fall. Yes, I say it. This fall the mighty fall will begin in earnest and there will be no slowing, just as I have said through My prophets for thousands of years, it will happen. (Isaiah 13) (See the complete post)

Whenever we hear a warning like this, we tend to think the worst, but history tells us markets don’t typically self-destruct overnight. It takes time before everyone becomes convinced to throw in the towel and pull their money out. Whatever happens this fall will likely be perceived by many investors as a great opportunity to buy low and sell high, which might cause markets to bounce back afterwards, but based on what Rachel saw, if there are rallies, they will not last. We should soon see a shift in the overall long term trend from bullish to bearish.

Historical Confirmation:

Historical patterns can also help give us perspective on where we are and where we’re heading. History shows a pattern of recurring market crashes every 88 years (Source: Lunatictrader.com). For example:

  • The panic of 1796 was followed 88 years later by the panic of 1884.
  • The panic of 1819 was followed 88 years later by the panic of 1907.
  • The depression of 1920-21 was followed 88 years later by the financial crisis of 2008-2009.

The 88-year repeating pattern is also interesting because the number 8 represents new beginnings in the Bible.

Looking back 88 years from the fall of 2017 takes us to the fall of 1929, which was one of the most famous market crashes of all time due to the severe impact on the global economy. However, the fall of 1929 was only the beginning. Markets did not finally reach bottom until nearly three years later in the summer of 1932. (Source: Macrotrends.net) So, if history repeats itself and we follow the historical pattern, what begins this fall would not reach bottom until the summer of 2020.

Maybe that explains why economist Martin Armstrong has warned, “We are looking at the risk of a complete breakdown in the country come as early as March 10th, 2020.” (Source: Armstrong Economics)

I believe we should understand Rachel’s warning with that kind of long term perspective. Just as she stated, “This fall the mighty fall will begin in earnest.” The fall of 2017 marks the beginning point, not the ending point. So, we might see a trigger event that sets things in motion, perhaps a new war in the Middle East or perhaps something else, but however it begins, we can expect it will take years to complete because she saw a major destruction, referring to Isaiah 13, which is about the destruction of Babylon.

Prophetic Confirmation:

Another confirmation warning of financial trouble comes from Rick Wiles,  founder and host of a daily news program published at Trunews.com. On June 19, he received the following dream.

I woke up Monday morning (June 19) at 5:30 AM.  I was dreaming when I woke up.  The only dreams I vividly remember are prophetic dreams given to me by God.

In the dream, I was in a modern residential neighborhood in Florida.  It was my neighborhood in the dream, but not where Susan and I are presently living.  I also perceived that it was several miles from the ocean.

I was on my iPhone talking to my son Jeremy about small waves of water coming into the neighborhood.  The water would come and recede.   Each time it was a little higher than the previous wave.   Nobody – including myself and Jeremy – were alarmed.  Many families were amused by the waves.  Everybody continued with their typical activities at home – swimming in pools, washing vehicles in driveways, lawncare, gardening, etc.   Neighbors were aware of the incoming and receding waves, but didn’t take them seriously.

Jeremy and I were joking and laughing on the phone as we usually do when we have conversations.

I told Jeremy, “I’m standing on the sidewalk in front of our house watching these waves come and in and leave.  The water is up to my knees.”

Minutes later, I said, “Wow!  The last wave was up to my waist!”

We continued our banter on the phone.  “Son, each wave is higher,” I said.  “The water is up to my chest.”

Suddenly, I noticed a tall wave rushing in toward me.  It was approximately eight feet tall.  It swept over my head.  When the rushing water had receded, I heard Jeremy laughing on the phone.  “Hey Dad….are you OK?  What happened to ya?”  I laughingly responded, “Oh boy, that one was big and strong.  It almost knocked me on the ground.”

Everybody in the typical American residential subdivision continued about their weekend activities as though nothing unusual was happening around them.

The scene changed rapidly and dramatically.  A monster-sized tidal wave lifted from the sea into the sky.  It was towering above every home.  The wave was hundreds of feet tall.  I knew there was no way to survive it.

I nervously described it to Jeremy.  He shouted into the phone, “Dad, run!  Get out of there!”

Instantly, the sky turned ominously black.  Sharp bolts of lightning flashed from menacing storm clouds.  I was shocked at the speed in which the clear sky changed to a life-threatening storm.  The tidal wave continued to stand up into the air and seemed to roar ferociously at everybody on the ground.

From the billowing storm clouds appeared three tornadoes.  I anxiously described to Jeremy what I was observing.  He begged me to seek shelter.  I told him, “There’s no escaping what I’m seeing.  There’s nowhere to hide.”

My suburban neighbors, however, still were not frightened.  They came out of their beautiful homes to gaze at the tornadoes and tidal wave that was still standing upright in the sky.  Many of them video recorded the scene.  Nobody panicked.  They had no awareness of danger.  It was just the opposite.  They appeared to be amused by the storm.  I watched them text photos to friends and post messages on social media.

Meanwhile, the triple tornadoes were producing a deafening roar.  I could faintly hear Jeremy on my phone pleading with me to flee.   The roar was so loud I had to shout into the phone as I continued to stare at the tornadoes and tidal wave.  I glanced down at the phone and realized that I had lost the cell connection with my son.  I dropped my phone on the ground.

The triple tornadoes started ripping through the subdivision tearing roofs off homes and throwing heavy objects blocks away.  The tidal wave acted like it was strenuously seeking to break free from an invisible restraint that had been holding it back for minutes.  It seemed like the wave was waiting on the tornadoes to tear everything to pieces before it washed the debris into the sea.

Each tornado went in separate directions – each devouring a multitude of lovely homes with neatly manicured yards and gardens.  Freshly washed SUVs, motorcycles, and boats parked in driveways were upside down and littered the neighborhood like a salvage yard.  Yet, nobody reacted.  Nobody sought safety.  They only stood and stared at the oncoming monster storm.

Realizing that I had no way to escape, I began marching toward the approaching funnel clouds.  I pointed my finger at them and shouted, “In the name of Jesus Christ, I command you to dissipate and disappear!  Go back up into the atmosphere and be gone!”

That’s when I woke up at 5:30 AM.  The last thing I remember in the dream was knowing that all was lost – and that our only hope was Almighty God hearing our plea for divine help.

The Holy Spirit has been nudging me in recent weeks to alert God’s people that another wave of financial trouble is approaching soon.

My initial interpretation of the dream is that the typical American family is swimming in debt, but not worried about it.  We’re too amused with our beautiful homes, shiny cars and trucks, and fun toys like boats and motorcycles.  We are acclimated to the distressful waves of financial trouble in our nation.  No matter how high the water gets around us, we shrug it off and continue playing with our possessions acquired with debt.

A monster-sized tidal wave, however, will suddenly appear on the horizon.  The financial sky will turn black.  Multiple twisters will come out of the black clouds and shred everything they touch below.

There will be no escape.  No place to ride and hide.  Our only hope is Jesus Christ.   Our survival will depend on faith-talking servants of God speaking authoritatively to the raging storm in the name of Jesus Christ.

Are you ready for the storm? (see the complete post)

Interpretation:

I agree with Rick’s interpretation that his dream reveals a coming financial collapse, which will put people under water financially if they are not prepared. I take it as another confirmation that my wife and I are hearing God correctly by selling our house this year.

His dream also confirms the historical pattern for how market crashes typically behave, taking some time to complete. When the first wave came in, Rick was not too concerned, but then they kept coming in higher and higher. That’s consistent with how human psychology works during market crashes. After the initial wave hits, many people keep believing all is well and there is nothing to worry about. However, those who continue disregarding the warnings will pay a high price as they will not have time to avoid financial disaster.

Preparation:

One great way to heed these warnings is to start seeking God about how to prepare. I believe now is a good time to start finding ways to get out of debt and reduce monthly spending commitments. Above all else, pursue righteousness, a right relationship with God, because He has promised to provide for everyone who walks uprightly before Him.

  • No good thing does He withhold from those who walk uprightly. (Psalm 84:11b)
  • Yahweh will give what is good, and our land will yield its increase. (Psalm 85:12)
  • Wealth and riches will be in your house (Psalm 112:3 and Proverbs 15:6).
  • Yahweh will not allow the righteous to hunger (Proverbs 10:2-3)
  • The desire of the righteous will be granted. (Proverbs 10:24)
  • The righteous will be rewarded with prosperity. (Proverbs 13:21)
  • But seek first His kingdom and His righteousness, and all these things will be added to you. (Matthew 6:33)
James Bailey

Author: James Bailey

James Bailey is an author, business owner, husband and father of two children. His vision is to broadcast the good news of Jesus Christ through blog sites and other media outlets.

© 2017, Z3 News. All rights reserved.

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Phanuel
Phanuel
Member
July 3, 2017 1:43 pm

IMPORTANT MARKET UPDATE
cc: Corey/Serge/Tim/Z3

Please stay with me as I explain. Every dream shared so far has been a small piece of a larger puzzle. Early this morning, I had a dream of moving 18 floors down. It was a rapid, intimidating ride down (remember 18 floors). This is not trading advice and as with everything take before the Lord in prayer.

1. Recall the three different dreams I shared about 3 floors equaling about 80 points (which were fulfilled). Therefore we know 18 floors equals about 480 S&P points [ (18 x 80)/ 3 ].

2. The Holy Spirit reminded me of the Faz “46” dream. Recall I saw S&P at 2100 and Faz at $42. These are important markers. Also recall the important number 2080.88 (seen three times), which should approximate FAZ at 46. This implies for a drop of 480 points, the top of the elevator should be around 2560 S&P points (2560-480 = 2080).

3. Therefore my current plan is to go short around S&P 2560. I’m also watching the following dates closely as temporal markers….August 23, August 24, August 28, and September 20.

4. If you still have FAZ you should consider buying more shares when the Top is confirmed to benefit from this move down. It appears the Stock Market heads back up when the bottom is reached.

shalom

Phanuel
Phanuel
Member
July 7, 2017 9:56 am

Another Market update
1. Megaphone pattern was confirmed in a dream. A friend and I were given a special device that would help us make three consecutive good trades. The pattern we followed was a megaphone pattern… “higher highs and lower lows”.

2. It’s a huge and scary cliff coming. No doubt about that. I saw a car go over it. It was like the 18 floors. It happened after I was returning from North Carolina passing through South Carolina (August date).

3. The trigger seems to be an earthquake or middle Eastern war or Korean War. Something like that. The date August 26 is somehow important.

Shalom

Phanuel
Phanuel
Member
July 20, 2017 10:35 am

Market update
Another possible trigger could be major indictments. I had a dream that indictments were coming (symbolic earthquake).

Shalom

Ed H
Ed H
Member
July 3, 2017 2:57 pm

Phanuel,
Brother the Lords timing could not be better. This morning i prayed for you and all the FAZ holders.
Another 130 snp points could hit the low 15 range.
I have an open order for $15.50 good until cancelled.
SLV calls looking very tasty today.

Phanuel
Phanuel
Member
July 3, 2017 3:25 pm

Thank you Ed H
The market is due a major correction.
I plan to use some crypto profits to get back in.

God bless

Lynne NZ
Lynne NZ
Member
July 6, 2017 11:06 pm

Thank you Phanuel and Ed H. I’ve not been reading most of the trading posts for last few months cos I only have a few FAZ and everything else is above my pay grade! It’s encouraging to read of possible happenings! I appreciate your faithfulness and generosity in sharing. 🙂

Phanuel
Phanuel
Member
July 20, 2017 10:37 am

Lynne NZ
Your few FAZ shall multiply. Thank you for kind words.

Blessing!!

Chris
Chris
Member
July 3, 2017 9:11 pm

Phanuel I just sold my last shares of FAZ to diversify myself into gold and silver stock along with Zion Oil. I plan to get back into FAZ the first week of August.I held FAZ to long over the last 2 years. But right now Silver is a better buy then FAZ.
I know FAZ will pay off this fall. If Not no loss
Can’t wait for next week work check ,work has been good to me.

Phanuel
Phanuel
Member
July 4, 2017 10:06 am

Hi Chris
Something good is developing in FAZ. It’s going to be a doozy.

Blessings

Chris
Chris
Member
July 4, 2017 3:45 pm

Good I’ll be buying as many shares i can afford in the next 2 weeks

Matt NZ
Member
July 3, 2017 3:23 pm

2080.88 or 2 x 888 = 1776
888, the number of Jesus’s name in Greek

Timothy
Timothy
Member
July 7, 2017 8:45 am

Thank you for the update Phanuel! You are always so thoughtful. God Bless You. I still have my FAZ shares:).

Corey
Corey
Member
July 4, 2017 1:31 pm

Hi Phanuel, thanks for sharing that. It is very helpful. Do you think those dates that you mentioned in August (i.e., 8/23, 8/24, 8/28) are when FAZ will reach 46, or do you think those are the dates when FAZ will begin to turn around and start moving upward towards 46? Thank you.

Phanuel
Phanuel
Member
July 4, 2017 1:44 pm

hi Corey
These are potential beginning of “crash” dates. August 28 is the strongest candidate of the bunch.

Shalom

Corey
Corey
Member
July 4, 2017 2:15 pm

Hi Phanuel, thanks for the reply. Another thing I wanted to ask you is that I remember you recently saying that you saw the Dow at 21813. Have you seen any other numbers that the Dow or SP500 ended up reaching in the future? Thanks again.

Phanuel
Phanuel
Member
July 4, 2017 8:49 pm

hi Corey,
s&p 2466
and the general dow at 30k and 40k I already shared

shalom

Cam
Cam
Member
July 3, 2017 3:39 pm

Phanuel,
Just to clarify, you see the market having a major correction prior to a possible rise in the DOW to never seen before levels like 30-50K? Do you see it moving to that level after a big correction? Thanks for sharing.

Phanuel
Phanuel
Member
July 3, 2017 4:57 pm

Yes Cam
With the dream today that seems the most likely scenario. Like a megaphone pattern.

Shalom

Ed H
Ed H
Member
June 24, 2017 8:15 am

James,
I have had several dreams about homes and buildings lately. I have been praying for market dreams so I did not really understand them very well.

Dream from last night.
I was doing a remodel on a home. The owner wanted to knock a few walls down and open the living space downstairs. So far no big deal. We got to a point where on one section upstairs was a dividing wall and we were taking out the support wall below.
.
I informed them they needed a support beam downstairs to take the load from upstairs, it’s called a drop beam, because it is exposed.. The homeowner did not want that. I told them I could put the beam into the floor but it would cost much more to do. They did not want that. Even the city was telling me it’s ok . Everything I told them as a builder meant nothing to them because they could not see the reason for the beam.

I believe this dream confirms yours because most people are on unstable financial foundations and the needed beams to hold it up are being discarded for looks or instant gratification.

I had a dream about a week ago that I went to my bank to make a deposit. Even though it was banking hours ,they were closed. No note on the door and no one around thinking it was odd, Almost the same as Ricks’ dream how no one seemed to even be bothered by the situation.

Made no sense to me until reading this post.

Sue
Sue
Member
June 24, 2017 6:12 pm

You need to buy as much silver as possible.

Ed H
Ed H
Member
June 24, 2017 6:23 pm

Sue,
Good advice. I have been for the last 2 years. I buy on the dips . I also trade the paper SLV and GLD so I can buy more of the real silver.

I have been studying the silver chart and it’s amazing how they can hammer the price just as the charts are showing an uptrend.

Richard
Richard
Member
June 24, 2017 11:34 pm

Sue – sounds like you might have some spiritual insight into this. Would love to hear what led you to this conclusion.

Alison Pound
Alison Pound
Member
June 24, 2017 7:33 am

“The fall will be in the Fall” this is pretty much word for word what the Lord told me in May this year. Although He did seem to be talking about much more than a financial collapse in what He said to me. And I had the sense that this is so for Rachel Baxter also?

Matt NZ
Member
June 24, 2017 4:34 pm

Howdy from across the Tasman Alison. Of the 20 People at work here in NZ I have talked to about the Open Bank Resolution (our Bank bail-in legislation here…. put through very quietly and one that no one has ever heard of here), I have managed to get one guy who wants to put some of his savings into Gold and silver. I’m just trying to get them to realize the times we are in. They don’t see any danger on the horizon. When things start to shake I’ll bring up Jesus but they won’t listen now… they won’t even read the bail-in legislation let alone a bible verse. I did manage to convince the Mother in law and it was interesting that she went down to the bank to withdraw her money and the bank manager questioned her very loudly “Why???” and then she showed him a copy of the news article (a US article on NZ’s OBR). His eyes got as big as saucers and he quickly got her money so as not to make any scene. He knew what it was.

Ed H
Ed H
Member
June 24, 2017 7:28 pm

Matt,
It’s been here since 2015. Stay away from the bigbanks that hold massive derivatives. Stay with local credit unions that are not exposed to this toxic risk. People think their money is FDIC insured, they have billions to insure trillions. You won’t see a penny.
Bank deposits are not even considered your money after you put it in . It is an unsecured loan to the bank.

Matt NZ
Matt NZ
Member
June 24, 2017 11:53 pm

Dodd-Frank banking bill changing one word, from depositor to “investor”. Cleverly moving every US bank account holder from first in line for repayment to last.

Sue
Sue
Member
June 24, 2017 6:13 pm

You are a good son-in-law, sir!

Matt NZ
Matt NZ
Member
June 24, 2017 11:55 pm

Don’t want to see her get hurt but also one less person I will have to look after.

Lynne NZ
Lynne NZ
Member
June 25, 2017 4:16 pm

Matt, my two boys got stuck in kiwisaver when they started working. Do you know of anyway of converting it to silver? It keeps playing on my mind :/

Matt NZ
Member
June 25, 2017 4:28 pm

Not that I know. First time home buyer is the only option I know. I opted out of Kiwi saver. In a non bail-in / non derivative world, Kiwi saver would be a good idea but what is the first pile of cash Parliament is going to pilfer… Kiwi saver.

Rachel Baxter
Member
June 27, 2017 12:10 am

Yes, Alison. I believe the Lord was speaking about a societal fall which includes the financial realm, governmental realm, and political realms among others.

Jesse Wanskasmith
Jesse Wanskasmith
Member
June 23, 2017 9:23 pm

James- I am also in the process of selling my house. God told me in August of 2016 to start this process and it has been a long one. He brought me to accountability and has helped me though county code and health department adjustments to my property. Who knew it would take this long to get to the point where we are almost there?

Only He Would!

I feel so blessed that God told me to do this. I will free myself of monthly payments and my past. I continue to pray that the final property issues will be shortly resolved and that God has his finger in everything. I see my address and other noteworthy numbers all day everyday as a constant reminder that he is with me.

I live in Montana and he directed me to move here in 2006, 5 years before I even moved here.

He put my whole life together – for me – so that I can bless others.

I don’t know where he will take me, but I am confident it will be here in the safety of the mountains.

Grace
Grace
Member
June 23, 2017 10:43 am

I find this fascinating. My husband and I are also moving from the house we have been in for the past 15 years to a different Canadian province and are – this week – purchasing a home He has provided for us. I have been earnestly praying we could do this without debt. We currently own our home free and clear, but the Lord has said to rent it out instead of selling. This whole situation has been surprising and odd because until just a few months ago, I thought the Lord was going to keep us where we are. I am looking to Him for how the heck this will all work out!

Sue
Sue
Member
June 24, 2017 6:10 pm

Canada won’t be hit as hard as the U.S. You’ll probably end up renting to an American family who are refugees from the depression/war.

Ming
Ming
Member
June 23, 2017 11:37 pm

Per Nita Johnson’s sharing on 2/17/2017, please continue praying for the US economy, and “pray it through” (34:37 – 35:17), God is willing to Answer our prayers, especially this year, 2017.

Please keep praying so that we will see His Wonderful Deliverance! HE can definitely further delay the collapse/grant us a softer landing/something Better than we can ever ask or think!

http://worldforJesus.org/media-library/2-17-2017-walking-close-god-forgiveness-nita-johnson/

Note: this is the latest sharing from Nita that I know. If you found the latest update telling us NOT to pray/”it’s over”, please share! Until then, please keep praying! Many thanks!

I’m currently responsible for a 200k+ mortgage seeing NO WAY to pay off in time in 3 years. And no Direction to sell or move any where from God. Many Christians are in the same boat – please pray for your fellow brothers & sisters in debt!

Savage
Savage
Member
June 25, 2017 8:58 am

Dear Ming and all others in the same boat:. Pay off the mortgage by selling the house. God didn’t tell you to move? Did He tell you to borrow $200k+? He may be leading you right now thru z3news to make a move.
God’s timing is best. Out of the blue he told me in Dec’12 to sell our home in ND. The ND oil boom was in full swing, and home construction could not keep pace with demand. I resisted, successfully for a while. Then in May’13 my job ended. Unemployed for a year, I graciously landed a nice job in another state in 2014. Half the family lived here, half there. I finally put the house on the market in 2015. By then the oil boom had busted, many homes were on the market, and price were bearing down. I accepted the only offer, which was contingent on them selling their house. (So now I had to pray for 2 houses to sell!). My house finally closed in 2016. Probably for $100k less than if I had obeyed in Dec 2012.

Sue
Sue
Member
June 24, 2017 6:09 pm

True enough, but I’m sorry, its coming. It could be delayed but not stopped. Sell your house and rent a nice, large apartment. This is the best time to sell, sell, sell.

Phanuel
Phanuel
Member
July 4, 2017 9:20 am

the highest bitcoin price I have seen is $27478
Veritaseum and Ethereum will be up there too
may take a year or two

shalom

Ed H
Ed H
Member
July 6, 2017 10:35 pm

Anyone else see the silver and gold slam in the charts today. Woah!!!!

Christian Block
Christian Block
Member
July 6, 2017 11:16 pm

That was pretty incredible. Last week, someone dumped a huge amount of paper gold on the market all at once and drove down both silver and gold. I’m considering opening a short position in silver tomorrow even though the price is low right now. If the central banks are manipulating the price down, I may as well hold a position that would profit from it.

Ed H
Ed H
Member
July 6, 2017 11:21 pm

450 million on gold. I actually went long SLV today.
Silver hit 52 week lows on the futures.

Christian Block
Christian Block
Member
July 6, 2017 11:36 pm

You may be right on the long position. Before the flash crash, it looked like it was forming a bottom. After last week’s drop, the price rebounded for a few days then started dropping. Tough to call price direction with big trades moving the price like this

Ed H
Ed H
Member
July 6, 2017 11:46 pm

Not totally sure just yet. Was looking for 15.65 silver and 1994 gold. Silver went way below today and came back so we watch and see.

Christian Block
Christian Block
Member
July 6, 2017 11:52 pm

Your post got me thinking. I’m reading up on stop run reversals. Today would certainly qualify. According to that principle, we should see the price of silver jump up in the next day or two. Have to wait and see

Ed H
Ed H
Member
July 7, 2017 12:03 am

Today silver was acfually trading outside the wedge pattern which is actually a bullish trend untill it got destroyed in the futures. But like you said we wait and see. The SLV calls were .33 about 2 weeks ago and today dropped to .11 . These are the 1/19/18 20C so pretty far out. Much less risk.

Elijah
Elijah
Member
June 26, 2017 6:46 am

I can confirm it in my experience.
I have two morgages of properties that are rented. Mortage payments go until 2030 and 2035. One of them is giving much financial problems. Each time we are in this kind of trouble has been so that we take action and the Lord opens new ways. I feel Him saying SELL EVERYTING AND CLEAR DEBT.
We are in the process to do so. Sells could finish in October-November.

Ed H
Ed H
Member
June 25, 2017 10:35 pm

Z3 investors.
Just another sector to keep on your radar.
The autoloan industry is in a massive bubble to the tune of 1.2Trillion dollars. Yep sign and drive is outta control.

Most people don’t have enough saved to buy a car outright so they finance them. Easy payments for 84 months ,where do I sign?

Keep these 5 banks on your list to short when it starts breaking down.
1)Ally bank
2)JPMorgan Chase
3)Wells fargo
4)Capital One
5)Bank of America.

Funny thing is these all passed the FED stress test. The FED said they are ok so they must be ok. RIGHT?

My favorite is BAC it has the cheapest options and this one is a mover and a shaker when the stock drops in price.

Not saying it’s going to happen tommorrow , but it will happen so add them to your watch list.

mem
mem
Member
July 3, 2017 3:36 pm

Ally is one of the few crypto friendly banks. A lot of the other banks will flag/close the account when they see big crypto movements. Hopefully Ally will stay in the game as I use them solely for crypto transfers so as not jeopardize my other accounts

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