The stock market may get cut in half, but this ‘most undervalued’ asset is about to surge, billionaire investor says

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Paul Singer, the hedge-fund billionaire behind Elliot Management, warned last month that the ultimate path of global stock markets is a drop of at least 50% from February highs. What’s an investor to do in the face of that grim outlook? Buy gold.

 

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Remember when all the gold kooks were claiming it was going to $5K back in 2011? 🤣

1- Who needs gold in an economic down turn? (s)he will wear gold instead of food or healthcare? 2- People and some governments tend to sell gold reserves in bad times. 3- In 2008 recession gold price went down.

Silver -$2500usd gold -$22000 that's only USA numbers I gathered imagine the world under one currency back by gold silver that would 3x

The stock market almost did get cut in half. The only reason people say this is because they missed it.

No, the stock market keeps going up forever because of the central banks

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