Worst Bear Market coming
As we approach the end of one of the most tumultuous years for the markets in decades, investors’ minds are turning towards what to expect in 2023. The Down Jones has been taking a beating so far today down over 200 points, With Powell coming to speak on 11/30.
Paper silver fell 1.95% so far still waiting for paper metals to disconnect from the DOW and spx .
Several Metal dealers offered black Friday deals and it appears sales did really well selling out of product! SD Bullion had several sales where American Eagles sold out among other bullion. You can Check out their site here: SD Bullion
With markets selling off today, Before Data we wonder if institutions know data is going to be bad tomorrow. Powell Talks 11/30 people are concerned if he will be more hawkish this time around or lose control of the economy.
If things continue on the path, they are on with China’s zero covid policy, we expect more investors and traders to stockpile in safe havens like gold and silver. If China resumes lockdowns for an extended period, then we will see the same thing that happened in 2020 when markets had a flash crash. In our opinion it seems like the Government is merrily putting band aids on a long-term problem to maintain short term comfortability while potentially destroying future generations. Is the worst bear market coming?