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Re: bigworld post# 16742

Friday, 03/27/2020 8:39:51 PM

Friday, March 27, 2020 8:39:51 PM

Post# of 19856
Bigworld, Thanks, sounds like good advice. I was never that big on real estate, but it does have some attractive aspects (hard asset, inflation hedge, etc). A 'bug out' getaway place seems like a good idea on multiple levels.

Well, looks like the stock market may be ready for more volatility. The big question now will be whether the recent low will hold. If so then we may get a sideways consolidation for a while, which would be a good sign. If not, then down we go to the next support level, which for the S+P is a broad support band from 1800-2200. That's where it might make sense to start re-entering the market in anticipation of a post-virus recovery.

But either way, irreparable damage has been done to the Fed's balance sheet and the US national debt, which will only hasten the already inevitable dollar crisis and SDR bailout of the world. If not in 2020, then within a few years. Time to prepare for the inevitable, which means hard assets.

















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