Stock Mark Crash coming???
Well, we all know that things are cyclical. The stock market is no different. We've seen a lot of hype lately because the Dow Jones is reaching new highs everyday. Today; right at 20,800. Will it continue? What will happen to silver and gold?
Below is a video well worth watching; by David Morgan. He's a little dry at times, and speaks like he's trying to sound smarter; but his info is legitimate. The only thing I'd like to add is: If you can remember the big crash of 2008-9 and the recovery starting in 2011; you'll remember that there was a BIG UPSWING in the stock market right before it crashed. It also took silver and gold with it; but in a short time, silver and gold went to record highs of $48 silver and $1980 gold.
So I am looking for the same thing to probably happen. I see the market crashing; it's only natural. There's a major reset ever 7-8 years. The last one was 2008 with a recovery starting in 2010-2011. So it's about time for it to happen again. After the market drops, silver and gold may go too, but that will be the time not to panic with your silver and gold. That will be the LAST TIME to buy any. After that, the price is going to rise way higher than you can imagine.
Of course, some will ask; "Why don't I wait until the crash, and then buy all the silver I want then"? That sound logical. And if you were an "INVESTOR", that sounds like the smart move. The problem is; for those who remember when silver took a diver with the market in the 2008-9 time frame; EVERYONE HAD THE SAME IDEA!!! The problem wasn't the price. The problem was NO ONE HAD SILVER FOR SALE!!! The only thing that kept the price from going through the moon, was all the PAPER SILVER/GOLD being sold. They were printing that shit faster than the treasury prints dollars. So silver and gold hit all time highs; but if people only had PHYSICAL Silver/Gold to deal with, those prices would have 10X as high.
Well, I believe people are getting smarter. You still have the greedy bastards who are trying to "INVEST" in silver/gold via ETF, Stocks, Mining Stocks, etc. But that number is lowering. People notice COUNTRIES like China and Russia are increasing drastically their silver and gold holdings. They aren't doing it as an "INVESTMENT". They are doing it, because they know it's WEALTH. That's why Germany and other countries are forcing the Depositories in the USA to give them back THEIR GOLD they've been storing for them. That's why I always recommend dollar cost averaging. And that's why I suggest people buy silver NOW!!! If you haven't bought any; then I suggest trying to find a way to buy 500 ounces over the next 2 years. That would be a tube of 20 ounce rounds per month. I think we might have another year left before a big market crash. It will take silver and gold down with it, but silver and gold will rebound like never before. When the market crashed in 2008, the market went from 12,000 ish to 6,000 ish. Silver was around $20-$25 and got down below $10 after the crash. Basically 50%. Bu in around 2 years, the price went to almost $50. That's a 500% jump. The stock market didn't jump back 500% in 2011. Even at today's all time 20,800 DOW, that's only about a 300% jump from the 6,000 ish low in the 2008-9 era.
It will be similar again. The dow will probably drop back down to about 10,000 - 12,000. Silver will probably drop to about $15. The difference will be, not as many people are going to trust the PAPER SILVER. They will stop seeing silver as an INVESTMENT, and seeing it for what it truly is. A way to preserve wealth. The supply and demand ratio is going to go nuts. With people not wanting the PAPER Silver, the price will be pushed down. But the PEOPLE and INDUSTRY will WANT THE PHYSICAL SILVER!!! Eventually, this is going to disassociate the physical from the paper. When this happens, prepare for silver to surpass that $50 mark. That will become the new LOW. I easily see silver and gold being back to the realistic value of the economy. Depending on inflation, it wouldn't be unreasonable for silver to be $100-$200 and gold to be around $5,000 per ounce. Personally, even today, without much inflation, the TRUE PRICE of GOLD, in my opinion, should be around $3,000; and Silver should be around $50. That's what the prices SHOULD BE TODAY based on the cost of goods and services; when you see silver and gold as MONEY.
Anyway; check out the video. It's a little dry; but very informative.
CYA: SE
Below is a video well worth watching; by David Morgan. He's a little dry at times, and speaks like he's trying to sound smarter; but his info is legitimate. The only thing I'd like to add is: If you can remember the big crash of 2008-9 and the recovery starting in 2011; you'll remember that there was a BIG UPSWING in the stock market right before it crashed. It also took silver and gold with it; but in a short time, silver and gold went to record highs of $48 silver and $1980 gold.
So I am looking for the same thing to probably happen. I see the market crashing; it's only natural. There's a major reset ever 7-8 years. The last one was 2008 with a recovery starting in 2010-2011. So it's about time for it to happen again. After the market drops, silver and gold may go too, but that will be the time not to panic with your silver and gold. That will be the LAST TIME to buy any. After that, the price is going to rise way higher than you can imagine.
Of course, some will ask; "Why don't I wait until the crash, and then buy all the silver I want then"? That sound logical. And if you were an "INVESTOR", that sounds like the smart move. The problem is; for those who remember when silver took a diver with the market in the 2008-9 time frame; EVERYONE HAD THE SAME IDEA!!! The problem wasn't the price. The problem was NO ONE HAD SILVER FOR SALE!!! The only thing that kept the price from going through the moon, was all the PAPER SILVER/GOLD being sold. They were printing that shit faster than the treasury prints dollars. So silver and gold hit all time highs; but if people only had PHYSICAL Silver/Gold to deal with, those prices would have 10X as high.
Well, I believe people are getting smarter. You still have the greedy bastards who are trying to "INVEST" in silver/gold via ETF, Stocks, Mining Stocks, etc. But that number is lowering. People notice COUNTRIES like China and Russia are increasing drastically their silver and gold holdings. They aren't doing it as an "INVESTMENT". They are doing it, because they know it's WEALTH. That's why Germany and other countries are forcing the Depositories in the USA to give them back THEIR GOLD they've been storing for them. That's why I always recommend dollar cost averaging. And that's why I suggest people buy silver NOW!!! If you haven't bought any; then I suggest trying to find a way to buy 500 ounces over the next 2 years. That would be a tube of 20 ounce rounds per month. I think we might have another year left before a big market crash. It will take silver and gold down with it, but silver and gold will rebound like never before. When the market crashed in 2008, the market went from 12,000 ish to 6,000 ish. Silver was around $20-$25 and got down below $10 after the crash. Basically 50%. Bu in around 2 years, the price went to almost $50. That's a 500% jump. The stock market didn't jump back 500% in 2011. Even at today's all time 20,800 DOW, that's only about a 300% jump from the 6,000 ish low in the 2008-9 era.
It will be similar again. The dow will probably drop back down to about 10,000 - 12,000. Silver will probably drop to about $15. The difference will be, not as many people are going to trust the PAPER SILVER. They will stop seeing silver as an INVESTMENT, and seeing it for what it truly is. A way to preserve wealth. The supply and demand ratio is going to go nuts. With people not wanting the PAPER Silver, the price will be pushed down. But the PEOPLE and INDUSTRY will WANT THE PHYSICAL SILVER!!! Eventually, this is going to disassociate the physical from the paper. When this happens, prepare for silver to surpass that $50 mark. That will become the new LOW. I easily see silver and gold being back to the realistic value of the economy. Depending on inflation, it wouldn't be unreasonable for silver to be $100-$200 and gold to be around $5,000 per ounce. Personally, even today, without much inflation, the TRUE PRICE of GOLD, in my opinion, should be around $3,000; and Silver should be around $50. That's what the prices SHOULD BE TODAY based on the cost of goods and services; when you see silver and gold as MONEY.
Anyway; check out the video. It's a little dry; but very informative.
CYA: SE
Comments
Post a Comment