Margin Call!

Margin call Monday. Every trading desk on Wall Street and around the world will be locked and loaded when they open. Two weeks ago I alluded to a conversation I had regarding THE top bond guy at THE top firm not being allowed to retire by the “firm”. Now we know why. All hands on deck for the coming hurricane wall. 

I believe this Brexit was engineered and is the trigger for the take down of the Eurozone as it currently exists. There is no way in my opinion this vote OR its outcome would have been allowed if it weren’t designed as the trigger. There is a reason Britain NEVER entered into the Euro currency. They are now positioned to assume THE banking center of the World as Germany is now CONsumed by the debt of the Eurozone and the flood of immigration overwhelming a depression GDP landscape. Great Britain is an Island now….in many ways…and this will maintain the Bankers through the coming transition of debt repudiation worldwide.

Don’t get caught up in all of the volatility in the equity markets next week. Its all designed to wipe out the remaining traders as they plunge into “protection” which will get wiped out by the short squeezes. The long and strong crowd will just be bled down in stairsteps without ever knowing they’ve been killed until its too late. They won’t come back for a very long time. It won’t be 2009 recovery time this go around. It will be more like the 30 years following 1929.

Like Richard Russell said, I sleep fine at night knowing I’ve done all I can to warn people and prepare for the back wall of the storm coming. gl