My guess is that we ARE going down to test that level. Whether it holds or not is anyone’s guess. But the play right now, is totally defensive.
by Bob Rinear
The International Forecaster
For quite a few years, I’ve been preaching that at some point there was going to be a financial/economic “reset.” When the economy melted down in 2008/9, they conjured up trillions out of thin air to combat it. Debt upon debt, derivative upon derivative, had added up to a world awash in much more debt than can ever be repaid. So, to my primitive thinking, a total “reset” would have to come.
Somehow, some way, the Brussels Globalists would have to come up with a way to create a new system. I didn’t know what else to call it, so I simply called it an economic reset.
Well, that reset is coming in 2021. The World Economic Forum has announced that “The Great Reset Initiative” will be announced at a summit to be held in January of 2021. How creepy is that? I’ve been saying for 10 years there’s going to be a reset, and now the elites have decided that indeed “the entire system” needs a reset.