I think so. It's seriously correcting in Europe right now & did in Asia last night. I bet it opens low today & maybe a crash on Monday? Or maybe just go down a lot more & then crash the next week - THEN would be the time for MOASS of GME & DJT!
It's August 2nd & they say August is a hot month...
Well look at gold... it's $25 from hitting $2500/oz.
I always have to remind myself, that it's not an indication of how much value gold has, but of how little value the dollar has.
I've both metals and a big stock of consumables that I'll be able to live off and trade. I'll only take other useful things metals in trade.
Here is a perspective. Local owned mom and pop gas station sign says gas, 3.65 per gallon or 1964 or earlier date dimes per gallon. A dime is about 2 bucks atm.
Same here, with exception of a third metal, to make sure I keep the first two metals and provisions.
Me too... FYI it was $1080/oz back around 2014.
Incidentally, plenty of staple items are 2.5x what they were then
Back in the 00s, I asked two separate companies I worked for if they'd set up some sort of precious metals fund for our 401(k)s. I got laughed at both times both by the upper management and the "investment consultants".
I'd be a multimillionaire several times over if I had been able to invest my cash the way I wanted back then.
However, that was one of the initial incidents for me that started me on the path to actively ignoring "experts"