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Gold may hit 3000/oz by Friday. Economic uncertainty rising

Posted on 2/10/25 at 2:08 pm
Posted by Trevaylin
south texas
Member since Feb 2019
9676 posts
Posted on 2/10/25 at 2:08 pm

The size of the clash between big spenders and cost managers builds towards a perfect storm by March 14. Manage your 401k wisely. A covid style economic collapse is likely
Posted by Basura Blanco
Member since Dec 2011
11418 posts
Posted on 2/10/25 at 2:10 pm to
quote:

A covid style economic collapse is likely


No it isn't.
Posted by el Gaucho
He/They
Member since Dec 2010
58492 posts
Posted on 2/10/25 at 2:10 pm to
Even more than 3000 if it’s in the form of Trump commemorative coins
Posted by BugAC
St. George
Member since Oct 2007
56980 posts
Posted on 2/10/25 at 2:10 pm to
quote:

Trevaylin


Aren't you one of the TDS posters angry over DOGE?

I think you are lying, sir.
Posted by canyon
MM23
Member since Dec 2003
21490 posts
Posted on 2/10/25 at 2:11 pm to
frick you say the dumbest shite.
Why don’t you travel your arse over to the remedial table.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53100 posts
Posted on 2/10/25 at 2:14 pm to
quote:

Manage your 401k wisely.

I'm 47 so I'm not too worried about a big market decline yet. If it stays tanked for 13-18 years I'll be screwed, but everyone else will be too
Posted by BabyTac
Austin, TX
Member since Jun 2008
15811 posts
Posted on 2/10/25 at 2:15 pm to
quote:

A covid style economic collapse is likely


I made an absolute fortune during Covid when everything was sky rocketing and meme stocks.
Posted by el Gaucho
He/They
Member since Dec 2010
58492 posts
Posted on 2/10/25 at 2:16 pm to
No you didn’t


You don’t even have a td premium account
Posted by Justin Bieber
Member since Apr 2024
16 posts
Posted on 2/10/25 at 2:20 pm to
The SPX is less than 1% away from ath
This post was edited on 2/10/25 at 2:23 pm
Posted by LSURussian
Member since Feb 2005
133614 posts
Posted on 2/10/25 at 2:21 pm to
quote:

a perfect storm by March 14. A covid style economic collapse is likely
Bookmarked.
Posted by Chief One Word
Eastern Washington State
Member since Mar 2018
4254 posts
Posted on 2/10/25 at 2:30 pm to
Parker and Tony going to rich $$.
Posted by Hangit
The Green Swamp
Member since Aug 2014
45417 posts
Posted on 2/10/25 at 2:37 pm to
Comex futures settling on 4-28 are at $2934.9 right now.

$3,000 is a huge resistance point, with a big psychological block against it. I know it will pass $3k in the next few months, but I am wondering if profit taking will cause a yuge pullback, or if it will be off to the races.
Posted by Boss13
Mobile
Member since Oct 2016
1836 posts
Posted on 2/10/25 at 2:54 pm to
Gold also has massive sell-offs during market crashes. I don't understand how it's a safe haven. If a crash happens, then buy gold because it recovers faster. During the great recession, gold dropped from 900 to 680.
This post was edited on 2/10/25 at 2:55 pm
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