Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

BDB
Member since May 2012
40 commentaries -
Follows 1 member

0 followers

has posted a comment on the article :

Crash Indicator: Mom and Pop Take the Plunge Back Into Stocks For Fear of “Being ... - Mac Slavo - ShtfPlan

There seems to be little doubt that what is happening today defies rational behavior. The Fed is printing about 3,000 million a day; unemployment shows absolutely no signs of improvement; North Korea has directly threatened nuclear war; the money of citizens around the world is being outright confiscated by governments; yet, gold dropped by as much as $60 dollars an ounce today! How does that make any sense at a time when governments and even states are agressively seeking to repatriate their physcial holdings?!? What I see with my own eyes is many people buying guns, chickens, seeds, barb wire, and survival rations on a scale I've never witnessed before. Off-the-grid efforts have spawned whole industries of self-sufficiency. All of this is "no" vote with regard to confidence in today's institutions as currently constituted. From what I see, it is far worse than even the late 1960's when it appeared the world was coming apart at the seams. With this much volatility, he who is right with regard to his educated guess about the future will do well; he who is wrong could lose everything. From all the analysis I've been reading and studying on these pages, years of education and background have meant absolutely nothing. It appears to be anybody's guess as to the future. My own feeling, though, is that all this optimism about things getting better and stocks becoming safe seems completely unfounded. The mainstreets of USA that I walk are boarding up shops--not expanding, hiring, or looking to the long-term. I see more people thinking in terms of basic survival. I would love to be wrong, but long-term faith in the direction we are headed seems wildly (and foolishly) optimistic.

Commented 4199 days ago

Send

Beginning of the headline :Americans are scared. Their concerns aren’t centered around the possibility of an economic collapse, another down leg in the real estate market, continued deterioration of the labor market, or a US dollar currency meltdown. With markets at all time highs and financial experts around the world predicting a turn-around in the global economy, a lot of “Mom and Pop” investors who experienced major losses in personal investment funds and home prices during the crash of 2008 are starting to worry, but... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis