Could a Deep Stock Market Correction Drag Silver and Gold Down?

When you bring up the potential of a market crash occurring, the September to October timeframe is typically when they occur. We saw crashes in September of 1791 when the First Bank (NASDAQ:The Wall Street Crash of 1929 was in October. Black Monday was in October of 1987 followed by a mini-crash in October of 1989 and another mini-crash October of 1997. The market got hit in September of 2001 with the 9/11 attacks.

The trading system that I will be introducing with the release of my new book has had nothing but selling going on the last 3 weeks, meaning getting out of trades that have been profitable. It was just 2 weeks ago we had theWhy have the markets recovered? What will markets do next? What will the effect be on gold and silver? Let’s dive into these questions and see if we can come to some conclusions.

The Fed doesn’t make panic moves as they didn’t do an emergency rate cut when the Dow fell 1000 points a couple weeks ago. They need bigger reasons to save the market. But remember, the Fed couldn’t do anything to help out the economy when all hell was breaking loose in the early 80’s. On the other side of the aisle, there is a proposal for a 10% tariff on most foreign goods. Remember, it doesn’t matter who is in charge, the printing presses will be running 24 hours a day.

What would happen to the price of gold? Presumably, the potentially unlimited supply of cheap gold would cause the market price of gold to plummet. Indeed, if the market for gold is to any degree efficient, the price of gold would collapse immediately after the announcement of the invention, before the alchemist had produced and marketed a single ounce of yellow metal.

Bernanke goes on to say one important thing that needs to be considered by everyone reading this article. They stole the individuals they took the gold from and devalued the dollars they gave them in return, thus helping themselves to a windfall and in Bernanke’s own words, “The economy grew strongly, and by the way, 1934 was one of the best years of the century for the stock market.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Ripple (XRP) Defies Market Sentiment With 8% Surge, Bitcoin (BTC) Struggles at $66K (Market Watch)Crypto Blog
Fuente: Crypto_Potato - 🏆 568. / 51 Leer más »

Market in turmoil, NASDAQ sinks +3% as Nonfarm Payrolls highlight labor market slowdownThe stock market pullback that began in the latter half of July is pumping the brakes full force on Friday after US Nonfarm Payrolls for last month surprised to the downside.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »

Tuberville, Alabama lawmakers blame market unrest on ‘Kamala Crash’: Why did the stock market drop?The Dow was down more than 900 points by lunchtime.
Fuente: aldotcom - 🏆 82. / 68 Leer más »

Prestige Market Stayed Hot, While Mass Market Was Flat in First Half, According to New ReportCircana data shows robust growth in the prestige market, while the mass market saw unit declines across the board.
Fuente: wwd - 🏆 24. / 68 Leer más »

Garden Ridge Market Days - Back to School Festival & MarketJoin in for GARDEN RIDGE MARKET DAYS Back-to-School Festival & Market on Aug. 10, 2024 from 9:30 a.m.-2:30 p.m. at Northeast Bible Church.
Fuente: SAcurrent - 🏆 607. / 51 Leer más »

July inventory increase brings Denver housing market closer to a buyer’s marketWith a 68% increase in available inventory from July of last year, the close-price-to-list-price ratio is the lowest it’s been since July 2020. According to the July monthly real estate trend…
Fuente: denverpost - 🏆 13. / 72 Leer más »