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Tick, Tick, Talk, 2019 Recession Coming
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Thread: Tick, Tick, Talk, 2019 Recession Coming

  1. #1
    Join Date
    May 2007
    Location
    Atlanta
    Posts
    10,507

    Default Tick, Tick, Talk, 2019 Recession Coming

    The 2018 stock market crash is now a fait accompli, having taken a polar bear plunge that put ice in the veins of the Fed and electrified their collective spine with such a deep chill they ran like a fat walrus from the bear market to halt their long-nurtured plans of economic tightening. With that event fulfilled, Iím now predicting a 2019 recession as the major economic news for this year (both US and global).

    To confirm my bearish claim on the marketís crash:

    Several leading stock market indexes around the globe endured bear market declines in 2018. In the U.S. in December, the small cap Russell 2000 Index (RUT) bottomed out 27.2% below its prior high. The widely-followed U.S. large cap barometer, the S&P 500 Index (SPX), just missed entering bear market territory, halting its decline 19.8% below its high.
    Investopedia

    But the Dow fell completely into bear territory and the NASDAQ even further into the bearís territory. Even the S&P hit an intraday low that was 20% down, so itís stop right at the edge by the end of the day is nothing but a rounding error.

    In terms of real cost, anyone who scoffed at my 2018 warnings and held their stocks through 2018 is still recovering from his or her losses. That we have only just this week recovered those losses is quite easily proven with one simple graph of 2018 where the breakdown begins in January where I said it would and hits full crash velocity in the fall:

    http://news.goldseek.com/GoldSeek/1554743532.php
    I'm a proud member of Eggshellman's Liar, Shill, and bully club and a new member of the Super Jew Defense League!!!

  2. #2
    Join Date
    May 2007
    Location
    Atlanta
    Posts
    10,507

    Default

    If only our Silver price took such a beating in 2018 to recover back to where it left off on it's climb higher instead of sinking and being held under six feet of water for years....

    It's a shame we have people continually predicting the economy and our Dollars will crash and burn so our Gold and Silver will sky rocket.

    Gone are the days when Silver was the metal of the future with all the new uses coming to market and a continued shortage coming to market.
    I'm a proud member of Eggshellman's Liar, Shill, and bully club and a new member of the Super Jew Defense League!!!

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