Predictions on the Stock Markets, Gold and Finances for 2016 and Beyond
By Michelle Whitedove, Celebrity Psychic& Spiritual Medium
As I write this 1-1-2016, I know some of the information is redundant from previous year’s predictions and blogs although “Spirit” tells me the information still stands and needs to be highlighted due to its importance.
I predict that gold will go as low as $1,000 per ounce to $1,500 or $1,600 as the possible highs. The low of $1,000 per ounce. So 2016 is the right time to buy. This is actually a good time to buy because gold is falsely being suppressed, it’s real value is higher than that. But a word of warning, don’t buy gold stocks or money markets. Only purchase gold that you can have in your possession and have access to it, I don’t advise to have your gold coins, bars, bullion or ingots in a bank vault. As I write this Jan 1st 2016 gold is at $1060.54 USD per ounce.
>>> CORRECT: May 2, 2016 CNN News The precious metal hit a new milestone on Monday, climbing above $1,300 an ounce for the first time since January 2015. Gold is now up 22% this year, crushing stocks, bonds and most other major asset classes.
>> CORRECT June 24th Gold races to 2-year high as investors seek refuge from Britain's Exit from the European Union
The Stock market 2016, 2017 and beyond
I want to say this about the stock market… it’s a façade, it’s being manipulated like a game. The stock market is being falsely manipulated; manipulated as a slow up swing. It's an illusion to make it look like it's coming back slowly but then it bottoms out. Once the world stock markets bottom out, you will need to barter for food and services. So prepare to have a personal service or goods that are of value. You’ll have to use every resource there is …and then some. There will even be some new currencies that will be made up along the way. The crash causes a complete division between people and government, church and state. It’s going to be chaotic. Paper money will be of low value and at some point in the future paper money will be worthless. Gold and Silver are always currencies that holds global value. 2016 is the year to buy gold and silver, buy low and hang on to it. Then you’ve made money as the value of precious metals increase.
>>CORRECT: As I have been predicting for several years the stock market will bottom out and is too volatile for investing your life savings. FORTUNE MAGAZINE Feb 11. 2016 reports, "Since the first day of 2016 the markets have erased $1.87 Trillion Dollars of investors wealth.
>>CORRECT June 24, 2016 Friday's crash was even bigger than "Black Monday," when markets across the globe crashed in the late-1980s. The JUNE drop erased roughly $800 billion in U.S. market value, as measured by the Wilshire 5000 index. German Banks were particularly hard hit. Deutsche Bank and Commerzbank both lost between 15 and 16 percent of their value. Allianz shares dropped by 13 percent.
Banking in the future
As I have discussed in previous world predictions. The banks will continue to be bought out and merge. In the future there will be only a few to pick from. And having access to your bank account will be electronic, whether it's phone, they will use Eye Scanning and your fingerprints too. Your bank accounts will be strictly monitored.
On Self Sufficiency
2016 is a year to get back to the basics and to simplify. This year we should learn to be more self-sufficient and less reliant on the government and the system. This is the year to realize that everything that you do is being tracked and monitored. So get off the grid. Financially you will need cash, credit, gold, silver and products and or services to use to barter. Do what you can to create a bartering system with those that are like minded. Now is the time.
Written Jan 1, 2016
by Michelle Whitedove
Spiritual Medium, Visionary and Author