Anyone else getting the feeling that it's all a pump and dump?
By simply pushing the idea that we're headed towards a downward plunge, in turn causes people to "HODL" with their money.
Then the economy will take a hit since no one's spending anything.
I feel like it's all a sham, but then again I'm just a Normie.
Gen X here. Recession coming? It’s been one long recession since 2006 imho
In my not-very-well-informed opinion I think the next recession (matter of when it happens not if obviously) would not be nearly as bad as 08. I think people are hyper alert and paranoid these days, while back in 08 it caught many off guard. Recessions are normal.
I vaguely remember, but from what I understood, it was the two years or so, prior to Obama being elected when the market took a "hit".
That first time I've ever heard of a "Recession", fast forward through Obama's presidency, the market had neither gotten better/nor worse.
Come to modern day, Trump had blipped the economy up, until the recent trade war scare.
And come to think of it, I've yet to hear either Obama, nor Trump confirm that we've dug ourselves out of the recession from 2006-08
It unironically is a Pump and Dump. Everything in life is.
This. The last 4 years have felt like a recession except everyones working. Wages are just so shit is why.
>I think people are hyper alert and paranoid these days
While I do agree, I'd like to think it's that same ideology which would come to bite us in the ass.
Increasing the paranoia about a downward turn will just keep people in the scarcity mindset, and which will reflect on the economy.
Although likewise, I too am not very informed, simply stating an observation.
The gold/dow ratio could show that the animal spirits are preparing for a recession. Now is the worst time to buy anything desu, except maybe for BTC because of the halving.
animal spirits?
The bull and his pig.
Whoa whoa
>BTC because of the halving
As in split share? Or the amount which has been mined, will exceed the "half-way point"?
I'm more noob than an autist when it comes to this stuff, so bear with me
Yeah, human herd instinct which dictates the market. Recessions become a self fulfilling prophecy if enough people are infected with panic.
Boom and busts are not normal. They are a result of credit. Now who controls the cost of credit?
The rewards will be halved in 2020, so higher stock to flow ratio, closer to gold.
Looks like gold and silver are gonna moon tho
It's a good buy when the dow/gold ratio is at its peak, I will buy if it stops growing and sell most of my stocks for gold if it reaches a historical high.
Oil is looking pretty good, fampai
we need a depression to give the US an excuse to go war with china and pump the economy during the war
The 2008 recession was bailed out, it was salvaged by printing fake money, basically we didn't had a real recession that time
I agree friend...perhaps real estate prices will unfortunately go down when people unfortunately lose their jobs and I will buy their property to help them out of their unfortunate jam
Er.....