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re: Peter Schiff says we are early in the biggest bond market crash in U.S. history
Posted on 10/4/23 at 5:53 am to Jake88
Posted on 10/4/23 at 5:53 am to Jake88
He’ll be right…….eventually….probably.
Burry made similar claims, more than once. Think the market is up an absurd among since his infamous “sell” and “sell everything” tweets.
Burry made similar claims, more than once. Think the market is up an absurd among since his infamous “sell” and “sell everything” tweets.
Posted on 10/4/23 at 11:30 am to mwade91383
quote:
Burry made similar claims, more than once. Think the market is up an absurd among since his infamous “sell” and “sell everything” tweets.
The Dow is down for the year and the equal weight S&P is as well I think.
The market up big narrative has been driven by essentially 7 tech companies. Gains have not been widespread by any means.
The interesting thing is those 7 companies almost seem to be considered "safe havens" as they are holding up as well or better than many of the traditional defensive sectors.
Posted on 10/4/23 at 11:59 am to stout
Economic laws, realities and cause & effect are as real as gravity.
It make take a pretty fierce economic cleansing for people to wake up. Do it! Hit us all in the pocketbook and see who flinches.
Or maybe “Smellin’ Yellen” will command the economy to behave. SMFH.
It make take a pretty fierce economic cleansing for people to wake up. Do it! Hit us all in the pocketbook and see who flinches.
Or maybe “Smellin’ Yellen” will command the economy to behave. SMFH.
Posted on 10/4/23 at 5:04 pm to Tomatocantender
You are aware that the overall Globalist plan is to destroy the $USD, that “cash” you speak of will be worth pesos when the SHTF!
Previous posters got it right, Real Estate, Precious Metals and of course, a sustainable “off-grid location” with ample supplies, immediate food reserves and natural resources to survive this crash is the only way!
And make sure to have some lead to hunt and protect your family.
When the SHTF, the ability to barter and survive off the land will be better than USD’s in your pocket.
Previous posters got it right, Real Estate, Precious Metals and of course, a sustainable “off-grid location” with ample supplies, immediate food reserves and natural resources to survive this crash is the only way!
And make sure to have some lead to hunt and protect your family.
When the SHTF, the ability to barter and survive off the land will be better than USD’s in your pocket.
Posted on 10/4/23 at 5:28 pm to Westbank111
quote:Got all of that except the precious metals. How do you eat a $16,000 gold bar? Do you use it to buy a gallon of diesel?
Previous posters got it right, Real Estate, Precious Metals and of course, a sustainable “off-grid location” with ample supplies, immediate food reserves and natural resources to survive this crash is the only way!
Posted on 10/4/23 at 6:12 pm to stout
He’s right about this and it’s being driven by China dumping their treasuries.
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