Comment by
whaler83 on Apr 05, 2022 11:45am
When does your crystal ball say this will happen? can i ride this out for another month or two before moving my investments over?
Comment by
tootall123 on Apr 05, 2022 12:35pm
If only I had a crystal ball I would be a Billionaire. Time and date doesn't matter but it will happen, this phony stock market has been propped up by the corrupt Fed with money created out of thin air and the US economy is in a free fall... GOLD IS KING...
Comment by
tootall123 on Apr 05, 2022 12:51pm
Keep your eye on the US 10 year bond, if it starts to rise papidly sell as fast as you can... GOLD IS KING... https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx
Comment by
whaler83 on Apr 05, 2022 2:31pm
i dont disagree tootall123. but when a market crashes, it takes everything with it including gold stocks. takie your money out of the market right now and you got inflation that devalues it every day. whats a person to do other than invest in defensable stocks, have some cash on the sidelines and let some ride with the market?
Comment by
tootall123 on Apr 05, 2022 3:06pm
(but when a market crashes, it takes everything with it including gold stocks) Yes maybe at the initial sell off but all that money that will be coming out of the stock market and out of the Bond market will not go to money heaven it will go into commodities, gold, silver, oil, gas, copper, wheat, corn etc.etc.etc.... GOLD IS KING...
Comment by
tootall123 on Apr 05, 2022 7:27pm
(I fail to see how extractive commodities like copper, iron, nickel etc will keep rising in a major economic downturn which implies less output of durable goods that need these commodities) The world economy was in a lockdown for 2 years cause of covid but the stock market hit an all time high... GOLD IS KING...
Comment by
whaler83 on Apr 05, 2022 8:16pm
so buy consumer staples ETF like XST and gold miners like BTO?
Comment by
tootall123 on Apr 05, 2022 9:04pm
B2Gold is my largest holding. B2Gold (BTO) Calibre Mining (CXB) Manitou Gold (MTU) GOLD IS KING...
Comment by
tootall123 on Apr 07, 2022 8:28pm
(The coming crash will wipe out most types of wealth) Yes! All by design by the bankers..... GOLD IS KING...
Comment by
tootall123 on Apr 06, 2022 9:57am
Good post there Stratocheif and yes I am 40% in cash and 60% in gold and silver stocks... GOLD IS KING...