Civil War, WW1, Great Depression, with central banks and without, with gold standard and without, with 90% marginal income tax rates or 25%, with WW2, Cold War, stagflation, inflation, deflation. Takes a licking and keeps on ticking...
Only a fool bets against the US. We’re going to have deflation - then inflation then the market will start to come back and we’ll be fine.
Buy gold!!
yitbos
You are correct.
Financial pundits issue what they hope will be self-fulfilling prophesies while secreting their own positions.
For every share of stock sold, and every financial instrument cashed in, someone, somewhere now holds that same equity.
The Dollars strength means its STILL a flight to safety.
Reports of the Dollars death are premature.
Unjustified Conclusion #1 - Only fools bet against the US in the future.
Civil War, WW1, Great Depression, with central banks and without, with gold standard and without, with 90% marginal income tax rates or 25%, with WW2, Cold War, stagflation, inflation, deflation. Takes a licking and keeps on ticking...
AMEN! If I had a dollar every time some joker wrote about it's death, I'd be a multi-gazillionare.