Market will crash one day, but when? One day someone will get it right.
Can listen to someone who's bankrupt?
(03-10-2021, 10:20 AM)winbig Wrote: [ -> ]Can listen to someone who's bankrupt?
It's a tactical business bankruptcy to avoid paying debts
He still has alot of money mostly from selling books
But silver gold and bitcoin are zero yield assets. They are only good to hedge against dollar flooding not crash.lBut crash can be a deflationary crash like in 1929....everything drop...golf and silver also drop ...then correct strategy is cash is king.
even a stopped clock is right two times a day
(03-10-2021, 10:20 AM)winbig Wrote: [ -> ]Can listen to someone who's bankrupt?
must be useless bugger who cannot even manage his own finances and investments. how to advise others?
pp
Marc Faber market will crash 2014
Marc Faber market will crash 2013
You can find marcfaber market will crash every year 2012 2013 2014....2020.
What scares me is there is no Marc faber market will crash 2021. .....really bad sign.
I only can say, be it the market down or high , ALWAYS WILL HAVE WINNERS beside losers.
This is what make the market go , moving all along.
Sometimes must inject negative stuffs, to make it down , later inject some positive stuffs to push up
kateks must be panicking now especially due to the good showing of Uncle Dow
US economy is heading for stagflation. It has lost the direction of real growth.
It will be quite similiar to the late 60s but now it is much more serious and complicated. The only solution is to raise rate but nobody wants to be the scapegoat?
Unlike China, once problem arises, it will curb with drastic action. No joke at all.
(03-10-2021, 10:28 AM)sgbuffett Wrote: [ -> ]It's a tactical business bankruptcy to avoid paying debts
He still has alot of money mostly from selling books
But silver gold and bitcoin are zero yield assets. They are only good to hedge against dollar flooding not crash.lBut crash can be a deflationary crash like in 1929....everything drop...golf and silver also drop ...then correct strategy is cash is king.
If he owed money yet don't pay, then who pay?
Where is that Stupid Jim Roger also?