I think, finally, after four years of institution distribution and retail gambling, we are at the conclusion of the 90 year bull market since the end of the Great Depression. Today, the volatility index breeched the support line since beginning of this near-term bear trend which started in Nov 2021. After at least a decade of manipulating capitalistic markets and converting them from fairly sound investment instruments to the largest gambling casino on Earth, the devil work of the central banks has finally caught up with them. There is nowhere left to hide today except the USD and eventually high yielding conservative bonds. Bond markets, metals, commodities, housing, crypto, stocks, all are heading to the abyss. One can join value investors or bears, like myself, but I'm fairly sure most of us have committed financial suicide, been burned at the stake by society or, at the least, beaten to a pulp over these years of trying to show the truth. That's why mostly I just tell folks to get out completely and be happy with a dragon's hoard of cash.
Enough ranting. Volatility is the Phoenix of the market, fire breathing Goddess of the truth. I think volmageddon 2.0 has arrived and we are in for a hell of a decade. Depression is in the cards. Hopefully we don't break out into WW3 but it's certainly possible. Hang on because after it's all over, we should enter the best phase of humanity yet... once all the lies & corruption have been cleansed.
GL to all!
Enough ranting. Volatility is the Phoenix of the market, fire breathing Goddess of the truth. I think volmageddon 2.0 has arrived and we are in for a hell of a decade. Depression is in the cards. Hopefully we don't break out into WW3 but it's certainly possible. Hang on because after it's all over, we should enter the best phase of humanity yet... once all the lies & corruption have been cleansed.
GL to all!