mattgetsbarreled
Long

Next U.S. Recession is further out

FRED:UNRATE   Civilian Unemployment Rate
A lot of people are thinking the recession and crash in the equities markets will start this year. I beg to differ. Gold is in accumulation and so is bitcoin . I think both assets will rally up to their previous highs within the next two years and when the market crashes in 2022-23 that is when gold and bitcoin will dump around 40-50% with equities. There is another support for unemployment suggesting a possible crash at the end of 2020. Equities are extremely over valued but the market is completely irrational and I believe will go higher than most expect.
good analysis. Also my sentiments
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mattgetsbarreled Bullion_Money
@Bullion_Money, thank you dog I appreciate the comment.
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