Loading ...Simply put it is the ETF’s. Everyone from the ETF’s inception has bought the story that the ETF’s own the underlying shares or commodities that they track/represent. This is a blatant bald-faced lie IMO. All the ETF charters I have seen state they TRACK the underlying shares their ETF represents but nowhere have I seen it stated that they actually own, or have any obligation to own or purchase those underlying stocks or commodities they represent. IMO this was just a very clever way to create dozens of immense derivative slush funds which have been successfully used to control the entire world stock and commodities markets.
So when Rick’s $1.5 Quadrillion hits the fan it will also expose the naked condition of all those ETF’s that actually own nothing and were nothing but elaborate Ponzi schemes to hold the worlds sinking economies and failing monetary systems together for a few more years. All IMO and also IMO time is about to run out!! Welcome to the end times in more ways than one!!