{"id":28653,"date":"2020-07-01T13:41:40","date_gmt":"2020-07-01T20:41:40","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=28653"},"modified":"2020-12-30T12:07:44","modified_gmt":"2020-12-30T19:07:44","slug":"when-money-becomes-worthless-what-a-currency-collapse-and-frozen-stock-market-looks-like","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/when-money-becomes-worthless-what-a-currency-collapse-and-frozen-stock-market-looks-like\/","title":{"rendered":"WHEN MONEY BECOMES WORTHLESS: What a Currency Collapse and Frozen Stock Market Looks Like"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-28654\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1.jpg\" alt=\"\" width=\"1920\" height=\"1440\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1.jpg 1920w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1-720x540.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1-1140x855.jpg 1140w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1-500x375.jpg 500w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide1-75x56.jpg 75w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/> Links to resources:<\/p>\n<ol>\n<li><a href=\"https:\/\/tradingeconomics.com\/zimbabwe\/inflation-cpi\" target=\"_blank\" rel=\"noopener\">https:\/\/tradingeconomics.com\/zimbabwe\/inflation-cpi<\/a><\/li>\n<\/ol>\n<p><a href=\"https:\/\/africa.cgtn.com\/2020\/03\/17\/zimbabwe-inflation-soars-to-540-in-february-as-local-dollar-crumbles\/\" target=\"_blank\" rel=\"noopener\">https:\/\/africa.cgtn.com\/2020\/03\/17\/zimbabwe-inflation-soars-to-540-in-february-as-local-dollar-crumbles\/<\/a><\/p>\n<p><a href=\"https:\/\/tradingeconomics.com\/zimbabwe\/money-supply-m3\" target=\"_blank\" rel=\"noopener\">https:\/\/tradingeconomics.com\/zimbabwe\/money-supply-m3<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-28655\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2.jpg\" alt=\"\" width=\"1920\" height=\"1440\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2.jpg 1920w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2-720x540.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2-1140x855.jpg 1140w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2-500x375.jpg 500w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide2-75x56.jpg 75w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<ol start=\"2\">\n<li><a href=\"https:\/\/www.techzim.co.zw\/2020\/06\/zse-suspends-trading-whilst-they-wait-on-authorities-to-decide-fate\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.techzim.co.zw\/2020\/06\/zse-suspends-trading-whilst-they-wait-on-authorities-to-decide-fate\/<\/a><\/li>\n<\/ol>\n<p><a href=\"https:\/\/tradingeconomics.com\/zimbabwe\/stock-market\" target=\"_blank\" rel=\"noopener\">https:\/\/tradingeconomics.com\/zimbabwe\/stock-market<\/a><\/p>\n<p><a href=\"https:\/\/tradingeconomics.com\/zimbabwe\/currency\" target=\"_blank\" rel=\"noopener\">https:\/\/tradingeconomics.com\/zimbabwe\/currency<\/a><\/p>\n<p><a href=\"https:\/\/www.rt.com\/business\/267244-zimbabwe-currency-compensation-hyperinflation\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.rt.com\/business\/267244-zimbabwe-currency-compensation-hyperinflation\/<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-28656\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3.jpg\" alt=\"\" width=\"1920\" height=\"1440\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3.jpg 1920w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3-720x540.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3-1140x855.jpg 1140w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3-500x375.jpg 500w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide3-75x56.jpg 75w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<ol start=\"3\">\n<li><a href=\"https:\/\/www.moneyandbanking.com\/commentary\/2020\/4\/26\/inflation-is-not-and-should-not-be-a-key-worry-today\" target=\"_blank\" rel=\"noopener\">https:\/\/www.moneyandbanking.com\/commentary\/2020\/4\/26\/inflation-is-not-and-should-not-be-a-key-worry-today<\/a><\/li>\n<\/ol>\n<p><a href=\"https:\/\/www.yardeni.com\/pub\/peacockfedecbassets.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/www.yardeni.com\/pub\/peacockfedecbassets.pdf<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-28657\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4.jpg\" alt=\"\" width=\"1920\" height=\"1440\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4.jpg 1920w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4-720x540.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4-1140x855.jpg 1140w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4-500x375.jpg 500w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide4-75x56.jpg 75w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<ol start=\"4\">\n<li><a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-gold-wealth-analys\/worlds-ultra-wealthy-go-for-gold-amid-stimulus-bonanza-idUSKBN23P253\" target=\"_blank\" rel=\"noopener\">https:\/\/www.reuters.com\/article\/us-health-coronavirus-gold-wealth-analys\/worlds-ultra-wealthy-go-for-gold-amid-stimulus-bonanza-idUSKBN23P253<\/a><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-28658\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5.jpg\" alt=\"\" width=\"1920\" height=\"1440\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5.jpg 1920w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5-720x540.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5-1140x855.jpg 1140w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5-500x375.jpg 500w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide5-75x56.jpg 75w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/li>\n<li><a href=\"https:\/\/www.marketwatch.com\/story\/the-decline-of-the-us-dollar-could-happen-at-warp-speed-in-the-era-of-coronavirus-warns-prominent-economist-stephen-roach-2020-06-22\" target=\"_blank\" rel=\"noopener\">https:\/\/www.marketwatch.com\/story\/the-decline-of-the-us-dollar-could-happen-at-warp-speed-in-the-era-of-coronavirus-warns-prominent-economist-stephen-roach-2020-06-22<\/a><\/li>\n<\/ol>\n<p><a href=\"https:\/\/www.pgpf.org\/blog\/2020\/06\/the-gap-between-federal-spending-and-revenues-has-grown-rapidly?utm_source=newsletter061020&amp;utm_medium=email&amp;utm_campaign=gap&amp;_cldee=bHluZXR0ZXpAaXRtdHJhZGluZy5jb20%3d&amp;recipientid=contact-900e76d0960de71193fd0050568d4238-bea7fc0ae4854de7911e994fe22da10d&amp;esid=44f62662-4cab-ea11-941f-0050568d4238\" target=\"_blank\" rel=\"noopener\">https:\/\/www.pgpf.org\/blog\/2020\/06\/the-gap-between-federal-spending-and-revenues-has-grown-rapidly?utm_source=newsletter061020&amp;utm_medium=email&amp;utm_campaign=gap&amp;_cldee=bHluZXR0ZXpAaXRtdHJhZGluZy5jb20%3d&amp;recipientid=contact-900e76d0960de71193fd0050568d4238-bea7fc0ae4854de7911e994fe22da10d&amp;esid=44f62662-4cab-ea11-941f-0050568d4238<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-28659\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6.jpg\" alt=\"\" width=\"1920\" height=\"1440\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6.jpg 1920w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6-720x540.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6-1140x855.jpg 1140w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6-500x375.jpg 500w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2020\/07\/Slide6-75x56.jpg 75w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<ol start=\"6\">\n<li><a href=\"https:\/\/stockcharts.com\/h-sc\/ui\" target=\"_blank\" rel=\"noopener\">https:\/\/stockcharts.com\/h-sc\/ui<\/a><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p>Today I&#8217;m going to illustrate a clear picture of what it will look like when money becomes worthless&#8230;which is exactly where we&#8217;re headed. There are hundreds of examples throughout history (and also some very recent ones) which all point to exactly where we are in our Currency-Lifecycle. The current stock market is one of the biggest illusions you&#8217;ll ever see, and if you don&#8217;t pay close attention to what&#8217;s really happening behind the scenes, you&#8217;ll one of millions of people who get robbed of their wealth when this transition happens. Stay tuned for a quick breakdown of what to look for, and&#8230;what to do about it&#8230;coming up!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Links to resources: https:\/\/tradingeconomics.com\/zimbabwe\/inflation-cpi https:\/\/africa.cgtn.com\/2020\/03\/17\/zimbabwe-inflation-soars-to-540-in-february-as-local-dollar-crumbles\/ https:\/\/tradingeconomics.com\/zimbabwe\/money-supply-m3 https:\/\/www.techzim.co.zw\/2020\/06\/zse-suspends-trading-whilst-they-wait-on-authorities-to-decide-fate\/ https:\/\/tradingeconomics.com\/zimbabwe\/stock-market https:\/\/tradingeconomics.com\/zimbabwe\/currency https:\/\/www.rt.com\/business\/267244-zimbabwe-currency-compensation-hyperinflation\/ https:\/\/www.moneyandbanking.com\/commentary\/2020\/4\/26\/inflation-is-not-and-should-not-be-a-key-worry-today https:\/\/www.yardeni.com\/pub\/peacockfedecbassets.pdf https:\/\/www.reuters.com\/article\/us-health-coronavirus-gold-wealth-analys\/worlds-ultra-wealthy-go-for-gold-amid-stimulus-bonanza-idUSKBN23P253 https:\/\/www.marketwatch.com\/story\/the-decline-of-the-us-dollar-could-happen-at-warp-speed-in-the-era-of-coronavirus-warns-prominent-economist-stephen-roach-2020-06-22 https:\/\/www.pgpf.org\/blog\/2020\/06\/the-gap-between-federal-spending-and-revenues-has-grown-rapidly?utm_source=newsletter061020&amp;utm_medium=email&amp;utm_campaign=gap&amp;_cldee=bHluZXR0ZXpAaXRtdHJhZGluZy5jb20%3d&amp;recipientid=contact-900e76d0960de71193fd0050568d4238-bea7fc0ae4854de7911e994fe22da10d&amp;esid=44f62662-4cab-ea11-941f-0050568d4238 https:\/\/stockcharts.com\/h-sc\/ui &nbsp; Today I&#8217;m going [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":28662,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1713],"tags":[],"class_list":["post-28653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-peek-beneath-the-skin-of-the-markets"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/28653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=28653"}],"version-history":[{"count":4,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/28653\/revisions"}],"predecessor-version":[{"id":29417,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/28653\/revisions\/29417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/28662"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=28653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=28653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=28653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}