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Wise words aldo

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15/04/20

20:40

Post #: 44063979
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Originally posted by aldo: ↑

All these high paid pundits making statements like
"This COULD trigger an economic downturn."
"We MAY see problems in the world economy."

Blind Freddy could make a more definitive prediction than that. Seriously... if everyone here can see an economic disaster why are they afraid to state the obvious?

I think I am far better off listening to my own analysis than wasting time with so many idiots.

My analyses - There is a major storm underway which will only get worse over the next few months. The equities market is divorced from reality and has no bearing on the real world situation.
Property prices will crash, unemployment skyrocket, personal and sovereign debt will go crazy, bankruptcies will go up, international trade will plummet.
The only common sense thing you can do is pay down your debt, buy Gold and Silver and keep your powder dry. Many bargains will come your way in the future but not now. Never try to catch a falling knife.
The main thing at the moment is to stay healthy and support your loved ones, without that wealth is nothing.

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