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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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Investors exit stocks at fastest rate since March, 'tech fatigue' sets in: BOFAInvestors pulled $16.2 billion from stocks in the past week in the largest weekly redemption since the March stock market slump, according to the Bank of America's weekly flows data. What's BOFA? I think tech will be one of the winners when the virus particles finally settle. The market is not pricing in a depression yet. oh no
Source: Reuters - 🏆 2. / 97 Read more »
Stock market investing, asset allocation tips for coronavirus recovery - Business InsiderAn investor who oversees $300 billion at T. Rowe Price says stocks are in a 'pseudo-bullish rally' — and shares 4 tips for making money during the slow recovery ahead $TOPS bottom Gonna wish you got in if your wait FOMO that money 💰💰💰💰💰💰🚀 Snort it up lil 🐖 ies
Source: BusinessInsider - 🏆 729. / 51 Read more »
‘We’ve seen the lows in March’ for the stock market, says man who called Dow 20,000 in 2015, ‘and we will never see those lows againJeremy Siegel, says unprecedented support by the Federal Reserve and the U.S. government make it nearly impossible for the U.S. stock market to revert to its... I wish smart people would stop trying to predict unpredictable things like the stock market. Warren Buffett has never tried to do such a thing because it cannot be done with any degree of accuracy and consistency. It both undermines credibility and is a source of misinformation. When the second quarter data rolls in and the stock market finally is relative to the economy, get ready for an earthquake crash making March lows seem incredible. Why are people so confused? The next stock market bubble will the greatest in history money has nowhere to go except into stocks. The fools that sold out down 35% will be rushing to get back in at all time highs. Simple logic small businesses destroyed. Wallstreet wins. The end
Source: MarketWatch - 🏆 3. / 97 Read more »