WES 0.19% $67.27 wesfarmers limited

$30 price fair value with reasons, page-247

  1. 5,261 Posts.
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    It appears that I jumped the gun, that my long term predictions are too long. My timing is out a bit but we are very close.
    I tend to err on the side of caution in this market. There have been some very large financial institutions fail around the world. It seems governments learnt a lot from 2008 and they are stepping up fast.

    The US debt has increase 400% since 2008 from 8 trillion to around 35 trillion, they are quickly running out of money time. The place to be now is in cash or government bonds in my opinion. I would rather be cautious not chasing 3% in the market when it could fall by 40% plus.

    I am predicting 30 trillion wiped off world gold assets.
    us markets. and world markets.

    Last edited by david25: 25/05/23
 
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