Trump has mentioned in his books many times, if someone screws you, screw them back 10X harder. He’s been screwed over from day one by virtually every democrat and especially the Main Stream media. I have a feeling he wants revenge and he’s going to take out what he can, ahead of November.
Be careful out there friends. The volatility has been wicked. Don’t let it whipsaw you to death. Sometimes the best play is no play. Good luck.
So yes, we are on a ride right now. And it is a wild ride that is about to get even wilder. But let's maintain our perspective about what this ride is and what it's about.
The coronavirus's impact on mining not only prevents an expansion of supply, but may actively shrink new production at the very moment gold demand is surging.
You’re living through history folks. Never in history has there been negative rates. Never in history has a central bank been this powerful. We’re in the very description of “never seen before” and if anyone says they know how it all works out, they’re lying. Get more popcorn, this show ain’t over.
We are in the middle of the greatest economic/banking experiment the world has ever seen. To think we get out unscathed is wishful thinking.
...don’t wait for a loved one to pass before going down memory lane. Do it while they’re still here. Enjoy the memories together. It’s a welcome break from the madness of this current world.
My guess is that we ARE going down to test that level. Whether it holds or not is anyone’s guess. But the play right now, is totally defensive.
A coming crisis will likely be triggered by a collapse in the dollar’s value and a rejection of the dollar’s world reserve currency status.
There’s a hundred places to buy a safe, and a million prices. But if you’re like me, you want the most value for the money you spend.
We could see huge draw downs, and equally huge explosions to the upside. Unless you’re a very nimble trader, sitting it out could be your best play. Just sayin…