The good news is that even if the stock market is going to collapse in 2025, there will likely be significant rallies, just as there were in the tumble of 1929.
A look at gold. Gold has dropped into a minor support zone of $2600-$2590. There’s another slightly “meatier” one at $2530. If gold does reach the important $2450-$2300 zone, significantly more gold can be bought along with silver and mining stocks… in anticipation of a huge rally, not just back to the $2790 area highs, but to $3000-$3300.) could surge to $50-$60. From there, a more significant pullback could be expected, and it would likely correspond with the start of a multi-decade bear move for the US stock market.
Debt-funded “diversity” and other frivolous programs will be eliminated. Sadly, but deservedly, a long reckoning lies ahead for the debt and fiat obsessed citizens of America… and for the government. If Trump lets Elon “Mister Chainsaw” Musk off his leash, the slashes in spending could look “other worldly”.
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Bron: Investingcom - 🏆 450. / 53 Lees verder »