Here's My Market Forecast

I've been spending a lot of time leaning about the market lately so I want to assert a theory based on what I've been learning and see how I fair.

I'm predicting that we continue to see consecutive months of bad jobs data and we roll back into recession status because the Fed raised rates on bad data.

The Fed will drop interests now with the market uncertainty with both the presidential campaign and Brexit.

However I believe that Brexit will not happen and this boat rock will end up strengthening the EU and possible changing the hands of authority as a co promise.

This will cause a serious devaluation in the dollar which will be a good thing long term once we hit the bottom.

The bottom won't be very low here we will have an opportunity to expand the European super state through trade pacts.

So I would move into silver and gold, silver went up at a much higher percentage than gold but gold still increased in value tremendously with Brexit uncertainty.

I would also consider looking at the British pound as another alternative. Buy in now while the dollar is still stron and watch your assets build while everyone else is panicking.

Then when the Fed stop printing money buy back into the dollar while it's low and acquire hard assets and go from gold back into stocks and watch your net value increase with the upswing.

Remember this is long term.

Good advice.

Sounds like you have a plan and are taking this seriously.

I'm not a doom porn kind of person, but I smell collapse on the near horizon. The DHS bought 1.4 billion rounds of .40 caliber shredder ammunition, (enough to fight a war in Iraq for 20 years..) plus thousands of assault rifles... The real ones with the fun button. Do you remember that in the news a couple years ago?

Yeah, they got a plan too and are taking it VERY seriously.

I did buy gold and silver, and moved 300k out of the stock market. I still have a small abount in blue chips, but probably less than 10K. A couple days ago I upped my investment in lead and brass by $750. I have a special locking cabinet arriving tomorrow to store it in, but that has more to do with new California laws.......

a reply to: visitedbythem

Where did you put it?

Did you keep it in the dollar?

originally posted by: onequestion
a reply to: visitedbythem

Where did you put it?

Did you keep it in the dollar?

I had to. Its in 401K. Its in low risk

a reply to: visitedbythem

See I want that autonomy.

This won't strengthen the EU it will collapse eventually. If you meant the UK, that wouldn't affect the dollar all too much it won't hold as much weight as the euro did.

There's no where better than the US right now in times of global uncertainty. The BRICS turned out to not get their # together as predicted and become the next big currency aligned against western interests. Germany was a good bet up until their immigration failures. Who appears stronger than the US right now? Definitely not the EU.

a reply to: onequestion Are we not slaves to a degree?

"Slaves were expected to be humble before masters, and masters punished any evidence of autonomy or independence on the slave’s part as “impudence”.

a reply to: onequestion
Just read this article today Alan Greenspan suggests the gold standard

Interesting read

I can't watch the video at the moment but I suspect it is seriously misrepresenting what he said ( either that or Greenspan has completely lost it).

Scotland and Northern Ireland want to stay in the EU and are being dragged out as part of the UK and the period he mentions as the golden age of the gold standard includes the longest recession ever recorded.

a reply to: visitedbythem

Yes but the level at which we are slaves in the West is like nothing compared to the rest of the world.

I was hoping for more input.

Sadly, this isn't a Clinton of Trump bashing thread.