you guys are just more of the herd. historical analysis means nothing in this environment. there is a huge unwind of leverage and debt that needs to take place which wasn't an issue in other recessions you cite. also, recessions of the last 60 years typically lacked surging unemployment. Sorry guys, but you just be more "buy on dip" casualties. The fact is there is going to be a deflationary depression with all assets crashing including gold and silver. Since your video, the SPX is about -6%.
just 2 more parasitic non productive traders getting free money on the fed dole. Just one problem, taxpayers have to pay this money back in one way or another. Have a nice time!
After 10,000? Next year you can ask "After DOW is 500". That's right, the market will drop 9,500 points.
pig5689 1 year ago
you guys are just more of the herd. historical analysis means nothing in this environment. there is a huge unwind of leverage and debt that needs to take place which wasn't an issue in other recessions you cite. also, recessions of the last 60 years typically lacked surging unemployment. Sorry guys, but you just be more "buy on dip" casualties. The fact is there is going to be a deflationary depression with all assets crashing including gold and silver. Since your video, the SPX is about -6%.
anujbahl 2 years ago
Its nice to know it is going to crash. I am now going into silver and have pulled out.
doubleestark 2 years ago
Hey Dave, is the nightclub downstairs?
oneclickandclosed 2 years ago
just 2 more parasitic non productive traders getting free money on the fed dole. Just one problem, taxpayers have to pay this money back in one way or another. Have a nice time!
99cachorro 2 years ago
meanwhile in the real world,,,
insiders have been selling their stocks in anticipation of a crash this month. Next year is gonna really suck.
1mealperday 2 years ago
sit up
ACloserLook 2 years ago