The Race Is On
The gun has sounded and the race is on. Time is running out to choose where you want to place your bets. There are a number of horses still in the race: stocks, bonds, fiat cash, a plethora of derivatives, real estate, and precious metals... to name some big ones.
Let's take a look at one of those horses, the stock market:
Yep, the Dow was down almost 500 points today which follows up another 300 point loss from yesterday. Seems like that horse is losing speed rapidly. Let's take a look at another horse.
Well, look at that, gold and silver are up considerable around 1% and 2% respectively. It is a long race so the results of the day aren't permanent, but sooner or later the race will end. Which ones have the best upside potential?
On which horse are you placing your bets?
Gold and Silver have been blocked for a run, but now that we're past the turn and into the straight they will be coming home strong!
I'm betting there will be some ups and downs, maybe even some big ones, but it's going to take off soon. Those are just my thoughts though.
The race will end but how? HOW, I ask you!? Not the doomsday rock! Is it the doomsday rock!!??
Yep, that's the exact rock!
:(
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I always bet on black..
Smart! How's that paying off?
About 50/50