Posted on 01/20/2021 3:05:49 AM PST by manvacamp2000
I don’t know about you, but I do business in U.S. dollars. As long as that’s the case, it’s a good idea to keep it first and foremost in your mind when making investment decisions.
Cash is better to be in if the alternative is having it in equities and the market corrects to 15,000. Biden isn’t going to make the market fly upward.and the tsunami wave hadn’t hit yet from all the businesses they killed by shutting down because of Covid.
I predict gold will hit $3,000 this year.
BTC could go $100,000.
Soon the contrast between a business genius running things and a mentally impaired man who is being controlled by people who could not run a child’s lemonade stand will be very apparent.
Me? I’ve been preparing for this since 3/2020. There is no way the thieves could let Trump win. Frankly, I’m kind of shocked they didn’t Marcy Park Trump.
Trump did an amazing job given his situation.
The stock market isn’t likely to go through a dramatic correction like a 50% decline because it is dominated by companies that fall into two categories: (1) they haven’t been impacted by COVID (or have even benefited from it); and/or (2) they have enough political muscle to get bailed out by the U.S. government (this is a feature of classical fascism).
Most of the businesses devastated by COVID are not publicly traded.
The gold and BTC scenario you describe is an unmistakable sign of CURRENCY INFLATION. Holding cash in that scenario is one of the dumbest things you can do.
We will see.
Uh, no.
I will invest in ways that make sense to me.
Nope - just remove them from the market but leave it in the account. It can be done with a phone call to institution that is managing your retirement fund.
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