Hold on. Don't panic along with the sheeps.
For sure, the stock market has become dangerous. The bubble has never been bigger.
And bonds and treasuries are high risk now as the government (USA) is basically bankrupt and needs to print more dollars. This is not new except in the past you had allies willing/needing to prop the US up. But under Trump? He has made all allies enemies.
Worst of all, recent supporters of the US bond has been Japan, Middle East and Japan.
Japan and the Arabs are in trouble.
China, Trump has made China enemy number one.
So who is left to help? Maybe Israel? Except Israel is rich enough par capital to thei population. But if they have to take money out to help the mess the US is in, sorry, drop in the ocean.
So, what's left? Gold and Silver.
Comments