We've
entered a bear market and we're now in a
correction, we're having a rally in a bear market in
the US. But I think this is early in the
bear market so as that grinds down, as we
make new lows and as inflation really
starts to take a toll on the real value
of people's savings and their
investments (not just their stocks but in
particular their bonds, their savings the cash value of their
insurance policies) as inflation too
starts to erode away their purchasing
power, more and more people are
gonna wake up to the benefits of owning
gold.
Jan 16, 2019
The Primary Trend In Stocks Is Down
Because the bubble
popped we entered a bear market in
the US. Right now we're having our
first correction in that bear market
where you get a rally.
In a bull market the corrections are down. Well, in a bear market the corrections are when the market moves up and I think we're in one of those right now but I think the primary trend in stocks is down.
In a bull market the corrections are down. Well, in a bear market the corrections are when the market moves up and I think we're in one of those right now but I think the primary trend in stocks is down.
Jan 15, 2019
2008 Was Just The Warm Up
The 2008 one was just the warm up because the central banks were able to delay the consequences until the next crisis which is the one into which we are now headed.
I believe this bubble has already popped except the air is only just starting to leak out and I think we're headed for a much worse crisis in the United States in particular that will actually end up being a sovereign debt and currency crisis.
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