Economy crash =/= stock market crash?

Zola.

masonic said:

Type_45 said:

masonic said:

The 1940s all the way out to 1970 market a torrid period for the gold price, but that period was one of very different economic circumstances, so I'd be hesitant to even draw comparison to today.

Lyn Alden is referring not to gold in the 1940s comparison with the 2020s, but to the macro economy.

She says, among other things, that we have wartime-like spending (Covid).  Just did a quick search on YouTube and found this 8 minute slip of her talking about it:  https://www.youtube.com/watch?v=BFa6etRCIog

Seems like she is advocating the way out being to hold down rates, put up with inflation, and grow the economy / inflate the debt down. Quite different to the approach currently being taken, and one that overall was good for equities.

Should be called out that Lyn Alden is a massive bitcoin bull. But I do enjoy her analysis and writing. 

masonic

Zola. said:

masonic said:

Type_45 said:

masonic said:

The 1940s all the way out to 1970 market a torrid period for the gold price, but that period was one of very different economic circumstances, so I'd be hesitant to even draw comparison to today.

Lyn Alden is referring not to gold in the 1940s comparison with the 2020s, but to the macro economy.

She says, among other things, that we have wartime-like spending (Covid).  Just did a quick search on YouTube and found this 8 minute slip of her talking about it:  https://www.youtube.com/watch?v=BFa6etRCIog

Seems like she is advocating the way out being to hold down rates, put up with inflation, and grow the economy / inflate the debt down. Quite different to the approach currently being taken, and one that overall was good for equities.

Should be called out that Lyn Alden is a massive bitcoin bull. But I do enjoy her analysis and writing. 

I had noticed that when I took a look at her blog. She has an engineering background, so I can understand how she could be attracted to the technology. There seems to be plenty of other content there, and it is quite data rich.

Type_45

FTSE 100 back in the red. Could be a long day.

Zola.

Thanks for the daily updates on the doom.

InvesterJones

Type_45 said:

FTSE 100 back in the red. Could be a long day.

Did you forget to mention that it was in the green earlier?

Zola.

https://www.youtube.com/watch?v=xguam0TKMw8&t=2s

Worth a watch at this time, paints a clear picture of the potential US decline v rise of China.
- Rise in populism
- Cracks in democracy
- Loss of productivity
- Money printing
- Culture war

Type_45

After yesterday's carnage, some respite today of sorts.

FTSE 100 closes 0.25% down.

SPY currently 0.12% down.


Interest rate decision tomorrow in the US...

InvesterJones

Zola. said:

Worth a watch at this time

This change has been talked about ever since China joined the WTO back in 2001 (and probably some time before then), has something happened that makes it more relevant at this time than previously?

Type_45

InvesterJones said:

Zola. said:

Worth a watch at this time

This change has been talked about ever since China joined the WTO back in 2001 (and probably some time before then), has something happened that makes it more relevant at this time than previously?

Twenty one years has happened. 

masonic

Type_45 said:

InvesterJones said:

Zola. said:

Worth a watch at this time

This change has been talked about ever since China joined the WTO back in 2001 (and probably some time before then), has something happened that makes it more relevant at this time than previously?

Twenty one years has happened. 

There are 78 more years to happen in this century alone. I've long thought China to present a good investment opportunity, but I'm in no rush to buy the dip in the Chinese market.