hi guys SPI futures id own 91 points I think so WBC will be down...

hi guys SPI futures id own 91 points I think so WBC will be down again, by the way, you guys know im a market BEAR and a GOLD bull, im just trying to diversify away from gold into QUALITY stocks, unlike the stupid buys I made during the GFC like buying iron ore explorers and oil/gas explorers, im sticking to good solid companies with a history of EPS and DIVVY growth.

BUT I think things are getting a lot worse, ill keep this brief, the sell down over the last few days have been the corona virus right?
well a lot of people think the FED is losing control, market know that because the fed slash rates and markets still falling, that's a sign they are out of ammo, if they do QE (print money) that could stimulate things for a while, but that just ass more debt to the global system, the world is at record debt levels, % rates are artificially low to keep the system going, I fear what will happen when % rates go negative, could these be bank runs? could these be capital controls to prevent them?
even after all these falls the DOW is still only 10% below all time highs, and WBC and other banks are near GFC lows, what will WBC do when the DOW really tanks 30-50%? in a real market panic, where the fear isn't corona, but the FED losing control and panicking knowing they are out of ammo, the US economy is booming from what we are constantly told, yet % rates are at record lows,lol think people think, if things are really good, shouldn't % rates be at 4-6%? things look good BECAUSE % rates are so low, once they normalise, markets will tank badly because so many companies are up to their eye balls in debt, these low % rates are the only things keeping them solvent.

$21.50 looks good buying for WBC but so did $27 and $25 and $23.
what the FED will do with % rates and if they do more QE and how markets react is much more important than the virus in my humble opinion.