"The powers that be have told us that we are going to have a "reset." Everybody wants to know what the reset is going to look like. The reset, in my opinion, is going to be the rug being pulled out from under everything. . . . The real estate sector, which is 25% of the economy, is going to collapse. You have equities at all-time highs . . . all-time high valuations, not points. This is a coordinated effort, and they are going to pull the plug. . . . Once the average person realizes the workforce has been impaired, that's going to bleed over into the equity market, credit market and the real estate market. The real estate market is in the process of ending these eviction moratoriums-it's all over for the real estate market. So, there is your reset."
Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-2012. Bill became a writer for Jim Sinclair's Mineset in 2015.