Maybe "the end" is closer than one may think, not even a proper retrace in weaker European currencies. This is what L Chan had to say recently about the next uncontrollable crash in stocks next October, the word fuck comes to mind. I am not the paranoid type, but will be pulling cash out of markets this summer & going 50% silver.
"I am talking about full blown crisis one after another that destroy any stupid government interventions.
Think of it this way, the $700 bil US and $1 trillion EU are like, say, double down on a bad position in a stock where bankrupcy is certainty.
Those attempts will fail, what will happen next?
People with some common sense already bailed from the system years ago, with physical gold, silver, etc. And some who cannot afford it save paper cash up for emergencies.
That already comes in handy for those unluckily living in Greece, Italy, etc.
"I am talking about full blown crisis one after another that destroy any stupid government interventions.
Think of it this way, the $700 bil US and $1 trillion EU are like, say, double down on a bad position in a stock where bankrupcy is certainty.
Those attempts will fail, what will happen next?
People with some common sense already bailed from the system years ago, with physical gold, silver, etc. And some who cannot afford it save paper cash up for emergencies.
That already comes in handy for those unluckily living in Greece, Italy, etc.
Prices oscillate, trends persist. Trend is your friend.
