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Shikari

5,761 Posts.

372

04/03/19

03:44

Post #: 37638204
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Originally posted by Dr.Who: ↑

Not one of the following analysts is forecasting a US bear market in 2019. Virtually all are forecasting a modest gain.

I normally take these forecasts with caution as anything can happen but it does give a sense of where the current sentiment lies - and these forecasts were as at the end of 2018 in the midst of the recent heavy correction, they could have been understandably pessimistic but not in the slightest.

Those analysts will probably be mocked on here (they are probably Slenge's mysterious "THEY" bombers) but if you take great credence in the goldbug talking heads why not listen to the big end of town talking heads?

A quick glance at the table below and we can see consensus is approx 7% rise in the S&P500 this year and that excludes dividends - not great but very respectable. Gold would need to be around 1420 to match it - can't see it - then again gold is speculative so anything might happen including a nosedive! A better probability of greater returns comes from equity yet again

Beware of over-extending in gold. There are no signs of gold running away to the upside in the current climate.

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with respect my good Dr, no one predicted the bear market in 2007 either but the signs are there.

this is a sober listen and well worth the time

btw i do enjoy your posts!
3 Upvote

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