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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (156937)4/22/2020 12:53:03 PM
From: Lee Lichterman III3 Recommendations

Recommended By
marcher
Pogeu Mahone
Sawdusty

  Respond to of 217657
 
I wish I could agree with you about the general population starting to save and avoiding debt however after the dot.com collapse, J6P just ran out and maxed out their credit cards again and bought 10 houses to flip all on credit. When 2008 saw it all implode, I was sure that after blowing up twice they would learn and be more frugal. At the beginning of this year, consumer debt once again made new all time highs while savings were at new lows.
We aren't a very bright country when it comes to finances. In this era of "nothing is my fault" and "someone else is to blame for my ignorance and failure to plan ahead", I don't think they will ever learn. Californians build homes in fire zones and are surprised when their houses burn and get bailouts. They build on hillsides and landfills and get bailed out when they slide away. Carolina Beach homes getting destroyed every couple years from hurricanes etc etc etc.
Ignorance is bliss.



To: carranza2 who wrote (156937)4/22/2020 2:54:23 PM
From: TobagoJack  Read Replies (2) | Respond to of 217657
 
Re <<Stocks>>
Sir Armstrong may prove correct w/e to public asset shifts to private assets, out of bonds and into stocks. If so, ultra ramping stocks to year 2026.

Re <<Gold>>

Received one view in in-tray, possibly simplistic, maybe just elegant, but difficult to argue against ...

I plugged 3500 into the excel model and it worked well

On Apr 22, 2020, at 7:11 PM, S wrote:

Found on The Market Ear -- a chart of the size of the Fed's balance sheet vs. gold -- not exactly a surprising correlation, but perhaps a useful POG projection tool

Back of the napkin math suggests $12 trillion is about $3500