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Re: Gold and the Stock Market

By: capt_nemo in POPE 5 | Recommend this post (0)
Fri, 08 Nov 19 9:21 PM | 25 view(s)
Boardmark this board | Pope 5 		Msg. 44119 of 62138
(This msg. is a reply to 44108 by Decomposed)
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When the feds are dumping 48'000'000'000 a month into the markets, you might be right. Without that help it would have tanked years ago.............




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Gold and the Stock Market
By: Decomposed in POPE 5
Fri, 08 Nov 19 1:22 PM 		Msg. 44108 of 62138

Gold is falling quickly, now down around $1,460/oz. This is because the imminent stock market collapse sold to us by MEDIA is another piece of fake news. Investors are beginning to figure that out.

As I posted on October 1st, "Bubbles don't burst on the kind of "blah" volume and lackluster gains we've had for the last year. They burst when everything surges insanely."

I don't know if that means that the stock market will peak at 30,000 or 40,000, but I do believe that unless there is a Black Swan event, it is going a lot higher.

I'm happy to be one of the earlier ones making this call. It's hard to make money when you're doing what everyone else is doing. The stock market IS a bubble. But it's not even close to bursting. Not yet.

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