Loading ...Could stocks actually log a down day? Sell stocks?? Where would all that money go?
When Japan crashed in the late 80s, trillions of dollars worth of yen. went into low yielding Japanese bonds–the people didn’t give a crap about return on capital–all they worried about was return OF capital and safety…and the public stayed out of the stock market for 20 years…and many. are still out–that’s why the government is the sole support of stocks in Japan
So the public will exit stocks if confidence is shaken
what I would like to see today is stocks sell off a lot and gold gain a lot…that didn’t happen in 2008…but I have said for years gold will not repeat its 2008 performance…should be an. interesting week
P.S.
Interesting how Europe is trying to put on a cheery, bluff and hearty front…what with the ongoing TOTAL DISASTER of Deutche Bank…the DAX is only down a ludicrous 24 pts…
I like that silver is participating today…don’t you?