Jun 14, 2022
Summary:
The markets have no place to go but down, and in response, everyone
is piling out. How low are the markets, and how low is low enough?
Chris Vermeulen comes on the show to put this concept into
perspective. The current panic and uncertainty within the markets
cause people to move to currency, which is one of the most
effective ways to protect capital in these conditions. Tune in for
more insight about where the markets are headed, and strategies to
consider for the conceivable future.
Highlights:
-It’s a bloodbath today across the markets, and we haven’t seen
this panic since 2021
-The problem with panic is that everything goes down (i.e.
commodities, precious metals)
-Even if people don’t want to sell their positions, they have
to
-When people are nervous, they move to currency
-We could still continue to see a pretty big drop and more
volatility; there is still a lot of downside
-Chris predicts that we’re entering a multi-year bear market in
equities
-Protecting capital and moving to cash is one of the best things
you can do
-As price goes down, liquidity goes down; gold is getting
slaughtered and silver is down $1 today
-We’re seeing signs of even lower prices to come
-You can avoid the bear market by moving cash and can take
advantage of some of these opportunities
-We’re coming into a time where big money is made on advances and
declines
-The commodity super cycle could be in effect for the next 3-5
years
-Expect to see a couple of large hedge funds bite the dust
-No one should be holding assets that are falling, and it comes
down to managing positions and risks
Useful Links:
Financial Survival Network
Technical Traders