Loading ...Hi thanks for clarifying that. I don’t remember spotting any of your posts here before. This situation is smelling like 2008 again.
Which reminds me of Mark Haines on CNBC back in the same type of days. Somebody said the market was dropping in an orderly fashion.
Then Mark Haines said. “Gee, I’m glad I’m losing money in an orderly fashion “. 🙂 And somebody on CNBC said the same thing this morning, it’s dropping in an orderly fashion.
I remember those days everybody was surprised gold dropped hard too, and it was a perfect time or opportunity to buy some physical if anybody wanted to.
Normally when bubbles are forming the Fed would tap the brakes with a bump up in rates. Is it a coincidence that we have a “virus” tapping the brakes? On extreme highs?
If there is never any brake tapping, there is no limit infinity, to how high and distorted prices could get. The prices or values are mental, opinions, no reality with this dopey/dollar paper computer money system.