To: DMaA who wrote (259918 ) 1/27/2021 11:25:11 PM From: GUNSNGOLD 1 RecommendationRecommended By Honey_Bee
Respond to of 459369 This is the Fourth Turning and at 666 on the S&P 90% of investors will swear off stocks forever. That is the best time to buy. I swore off most stocks except for a few that are still dead money after the flash crash in 2010. I had just got back in from 2008 and then the flash crash. It proved to me that the market was nothing but a casino then. Until I see nothing but people swearing off stocks forever then I will buy. Until then I will just add to my gold, silver, and rental portfolio. Rental property did fairly well during and mining stocks during the 1930's and along with my tree farm I am totally defensive and positioned for a fourth turning stock crash and banking crisis. In this next crash you will not be able to short the market or sell because there will be no buyers plus they will use the circuit breakers so much they will break the market mechanisms. So my strategy is capital preservation through real assets. Paper assets and currency will provide no protection for what is coming You can't be where many millions of people are because right now everything is correlated to one, so you have to look for things that are owned by relatively few. So ask yourself this...... How many people do you know that own stocks? (i.e IRA, 401k, and regular brokerage accounts) Bank accounts? Residential Real Estate? Now compare that to how many people own these things..... Rental property Gold, Silver, Platinum Farmland Mineral Rights Scrap piles of steel, copper, and aluminum rare art bitcoin I have everything but rare art and mineral rights. Will Rogers said "Return OF my money is just as important as return ON my money" The storm we are facing will wipe out people who own investments tied to paper. Remember there is no difference between Commercial Banks and Investment banks. They are both tied to each other through derivatives. You need to be positioned in assets that hold value when you transfer from one currency to a new currency. Indirect paper assets will not do this. The banking crisis that will coincide with the stock market crash will be the difference this time. Once the banking holiday is declared it is too late. Again, I will not make a killing but I will not be killed by what will transpire. G-n-G