Does anyone else believe the impending financial crash will be bigger than 2008-2009?

[Anonymous]

I do.

Gold is on an absolute tear. Tariffs are kicking in. Importers and retailers have tried to keep price increases down, but they keep having to raise the prices of goods.

We have a 37 trillion deficit. The Fed is losing independence and members are being fired. Once Powell is gone, some heritage fellow will come in and lower rates, as needed. The mail de minimus is gone. The jobs numbers are fudged. We are nationalizing companies and taking shares in them.

Major financial experts like Zandi and Dalio are touting gold and safe haven assets.

What else am I missing? It’s a slow moving train wreck about to happen.

[Anonymous]

It won't take 10 years to recover imo.
I don't much care. We went principal preservation in late 2019.

[Anonymous]

I don't know what to think, so I'm just sticking with my current allocation. I've never successfully timed the market.

[Anonymous]

Why not move into gold, commodities, or cash for the short term and then buy back in mid 2026?

[Anonymous]

God I hope not.

[Anonymous]

Anonymous wrote:God I hope not.

Read the news. The negative outlook is piling up. Even if we do quantitative easing and rate cuts all we do is fuel inflation. Combine that with actual employment numbers that aren’t great. We are on the precipice. Buy gold ETFs now like GLD and IAUM. Hold them until the crash is underway. Then buy SPMO and IDMO ETFs in like a year for much cheaper. Then hold them as they rise in a few years.

[Anonymous]

My concerns is BRICS and loss of reserve currency status.

[Anonymous]

Anonymous wrote:

Anonymous wrote:God I hope not.

Read the news. The negative outlook is piling up. Even if we do quantitative easing and rate cuts all we do is fuel inflation. Combine that with actual employment numbers that aren’t great. We are on the precipice. Buy gold ETFs now like GLD and IAUM. Hold them until the crash is underway. Then buy SPMO and IDMO ETFs in like a year for much cheaper. Then hold them as they rise in a few years.

Why gold when it's already at such high valuations? I'd feel better in treasuries or a money market account if you move to asset protection instead of growth.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:God I hope not.

Read the news. The negative outlook is piling up. Even if we do quantitative easing and rate cuts all we do is fuel inflation. Combine that with actual employment numbers that aren’t great. We are on the precipice. Buy gold ETFs now like GLD and IAUM. Hold them until the crash is underway. Then buy SPMO and IDMO ETFs in like a year for much cheaper. Then hold them as they rise in a few years.

Why gold when it's already at such high valuations? I'd feel better in treasuries or a money market account if you move to asset protection instead of growth.

Gold still has plenty or room to rip. It’s a safe haven. Stocks will probably rally for another year or so, but watch hold it’s also ticking up steadily.

[Anonymous]

What 2008 Crash? Nobody remembers that far back. We dont even remember the Tarriff sell off

[Anonymous]

No, not really.

I agree there will be a slow down but I’m not all in on the negative outlook. Where I am in the private sector, as well as my friends, is looking okay. Not awesome but okay.

[Anonymous]

Anonymous wrote:What 2008 Crash? Nobody remembers that far back. We dont even remember the Tarriff sell off

You will when your taxes get raised to pay back the monies Trump now owes to Canter Fitzgerald.

Cantor Fitzgerald is a company owned by Howard Ludnick and his kids.

Howard Ludnick is in Trump's administration.

Howard Ludnick is also in the heritage foundation who wrote project 2025 which is the playbook Trump's handlers are following.

Cantor Fitzgerald has been offering to pay 20-30% of tariffs for companies. The catch is if the tariffs get reversed by the courts then Cantor Fitzgerald gets 100% of the refunds for the tariffs from the federal government.

Cantor Fitzgerald wouldn't do this unless they thought it would make them lots and lots of money.

The money collected for tariffs won't be sitting in an account somewhere. So when it's gotta be returned it'll be the American taxpayers who need to pay it all back.

The American consumers are the ones paying for the tariffs now

So once they get overturned and it's time for Cantor Fitzgerald to collect the American taxpayers get to pay for the tariffs a 2nd time since they originally paid it the first time too.

All this shit so a handful of billionaires can make billions and billions more.

[Anonymous]

Does anyone NOT believe that?

[Anonymous]

I don’t believe it. I think you sold everything back in April and are trying to justify the decisions to yourself.

[Anonymous]

Anonymous wrote:

Anonymous wrote:God I hope not.

Read the news. The negative outlook is piling up. Even if we do quantitative easing and rate cuts all we do is fuel inflation. Combine that with actual employment numbers that aren’t great. We are on the precipice. Buy gold ETFs now like GLD and IAUM. Hold them until the crash is underway. Then buy SPMO and IDMO ETFs in like a year for much cheaper. Then hold them as they rise in a few years.

The issue is --- when all of the negative outlook piles up == that is when the economy and the market take off. The majority view is almost never correct -- in either direction.