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RE: STOCK MARKET TRADERS ARE FREAKING OUT! RON PAUL JUST PREDICTED STOCKS PLUMMET 25% AND GOLD UP 50%
I'd say that's a conservative estimate if the debt bubble collapses.
I'd say that's a conservative estimate if the debt bubble collapses.
Fully agree with you. But I find it very hard to predict the numbers in this QE environment... I suspect a decline, in that scenario of 40 to 60%. The chance is pretty big that the bubble is popped by the FED on Trump's watch. This is probably something that Trump is also aware of so would war be his next move to take the focus off the economy?
@Ozz
That's the worry. I think a lot of people are expecting gold to go up significantly higher, but what they don't anticipate is the reason for the rise. Gold is the asset in times of calamity.
Exactly, it is troubling when you think about the pensions and hard earned savings that will seemingly evaporate. Probably almost over night. Even though we should know better by now after the last two recessions with market crashes we have had in the last 20 years.
Thanx for your input!!!
@Ozz