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Originally Posted by upthecreek
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Martin Armstrong has said this for about 2 years now, and I became convinced of it in 2017 after seeing what still happens regarding most fiat based central governments, and their success with kicking the can down the road --- little to nothing, for now. They can do it for (and have) much longer than people realize, even though foundation is ripe for crumbling at any moment, and will continue to become a higher risk as debt creeps up.
Where are you going to put your money in the coming years, and where is the momentum? Equities are the place that provide some hedge on fiat, are known and "trusted" by new and old investors, as "price" will be price and obviously is dependent and scaled on how strong any given currency is. Crypto and other new avenues will also be additive in momentum, as he states. I personally see it rising to the middle of next decade, ~2025
Lemonides states:
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The risk now is investors being out of the market. The risk later, he warns, will be investors piling in at the top in pursuit of gains they never saw coming.
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He nails it right there. That's the classic progression historically, and everyone is aware of it.
In summary, I agree, but I don't think 50k, I think more along Armstrong's 40k. Certainly 30k into Trump's 2nd term.