2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.22

-0.2%

4:00 PM EST

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Snowshoe

To: TobagoJack who wrote (160821)	8/2/2020 8:13:35 AM
From: carranza2	1 Recommendation of 217916

Have seen zero commentary re: this very significant after close of market development: fitchratings.com Outlook negative but still rated AAA? Remember what happened when S&P downgraded almost exactly 9 years ago? Gold to 1750 and stock shares plunged. bbc.com en.wikipedia.org If S&P follows Fitch, very bad news. Gold should jump tonight. This is August 2011 on double-dose steroids. US Treasuries should be junk status, IMO. What S&P identified nine years ago has become worse by a factor of three Federal debt is totally out of control and Federal Reserve refuses to raise interest rates, something’s wrong. And more enormous stimulus on the way. USD is obviously way overvalued. Unsustainable. USD crash is inevitable, a matter of time. USTs were a safe haven, but with those fundamentals, it seems obvious that the bond market will demand more return to account for risk Fitch has identified. A risk everyone here appreciates. The only safe haven will be metallic. If stock markets rise tonight and tomorrow, time to bail.

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