Quote:
Originally Posted by lamboguy
i am sticking with down 40% off the top this quarter and maybe a lot more for this year. my reasoning is i don't think there is any more money left to be printed, if they do print the markets will go up, but you will need wheel barrels of money to pay for food.
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for the guy that wants to call me wrong because i was more than likely 1 quarter to early!
one of the reasons for the markets tanking is the strong dollar. the dollar is now at its strongest point in over 20 years. i don't know how true this is, but Biden said he paid off $1.5 trillion off the debt in a year. if true that would also lend to the dollar being so strong right now.
today gold saved itself for going down to $1680, maybe temporary. in the face of things, this was not expected on this type of a day.
