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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (112913)	11/8/2020 8:37:58 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 116957

There will be no stimulus anytime soon The amount of permanent unemployment keeps increasing Mortgage forbearance will end Dec 2020. Approx 10% of households have no plan for this. #1 job creator in US is/was small business. Anywhere from 30-40% are not coming back. Wealth disparity/concentration has never been greater Wage inflation is going up, but cost will be hard to pass along at the consumer level squeezing margins Tech has rallied in many cases to another lower high Trump may decide to "burn the house" down as he leaves Europe is going back into lockdown mode As a country we have never been more divided. People were offsides prior to election. Latest rally is positioning and short covering. Who is left to buy? ----------------------------------------------------------- We will be up tomorrow per the futures. In general other than short term dips (up to 5%) I'm generally in agreement that all dips should get bought and likely direction is higher, but there are still bearish items out there. Notice I didn't mention valuations for once. I think Bitcoin will outperform most asset classes over the next 2 years.