Loading ...This MIGHT be the beginning of the third and biggest last wave up. The first wave was 1970-1980 was $140 to $800. The 2nd big wave 2001 to 2012-13, $250 to $1900. The third wave?? Started at $1,060 late ’15 early ’16.
The Trump rhetoric campaign in mid ’16 DISRUPTED the leg up. It killed the gun stocks too. Because he told everybody, don’t worry about the economy, and don’t worry about your guns. So he gave the regular stock market a boost, that seems to be too high.
Known as the everything bubble. Stocks bonds and real estate, all three in bubble zone. Gold is too cheap. Still. Gold should be $2800. Everything is 20 times more. From 1970s era. Gold was $140 X 20 = $2800. Almost everything is 20 times more. Pizza slice .15 cents times 20 = $3.00.