“When this happens then money will flow into Gold and the PM miners. Where else to invest…”
I HAVE to think what you say is true. Where the heck else could anyone put their money? The bank? Bitcoin? Seems the options are limited once the SM finally rolls over. No more bonds or junk bonds, hard to make a case for emerging markets.
Don’t know if you saw the horrifying jobless claims or the Chicago PMI (worst since 2009) – unless the Fed is intentionally trying to destroy the economy, which I wouldn’t doubt, there’ll be no more rate increases.
Not a bad close for us today, all things considered.
Happy New Year everyone!