I think the jobs report tomorrow will be bad, the recession will be confirmed, congress will react with big spending bill, we will experience inflation DURING high unemployment (stagflation) which is going to hurt. The market will crash. Gold prices will continue to go up as a hedge against the inflation and big stimulus bills. Housing prices will fall because. Insurance taxes high rates. The material prices haven fallen but the housing prices remain inflated. Big cheap oversized pine boxes with gypsum and vinyl siding are not fancy. They blame global warming but wont tell you the truth that hurricanes rip through these shit box houses because they are all built out of toothpick soft pine wood that rots easy, is not hard wood, is soft, warps, gets eaten easy by bugs, doesn't stand up to water or humidity, isn't structurally as rigid and sound.
Also the BRICS thing is way underestimated. They are putting in place the infrastructure to take over as the world's reserve currency. USA is fucking up. The 50% tariff on india had them running to Russia and China to join forces and then Vietnam is now with BRICS and they are stockpiling the gold and building vaults and banks in these nations to hold the gold. Meanwhile the fiat USA dollar is tanking and USA is going with bullshit digital fake coins that only exist in theory and with trust that an algorithm isn't being hacked or manipulated.
I heard that statistic mentioned yesterday.
What do you think is going to happen?
I think the jobs report tomorrow will be bad, the recession will be confirmed, congress will react with big spending bill, we will experience inflation DURING high unemployment (stagflation) which is going to hurt. The market will crash. Gold prices will continue to go up as a hedge against the inflation and big stimulus bills. Housing prices will fall because. Insurance taxes high rates. The material prices haven fallen but the housing prices remain inflated. Big cheap oversized pine boxes with gypsum and vinyl siding are not fancy. They blame global warming but wont tell you the truth that hurricanes rip through these shit box houses because they are all built out of toothpick soft pine wood that rots easy, is not hard wood, is soft, warps, gets eaten easy by bugs, doesn't stand up to water or humidity, isn't structurally as rigid and sound.
Also the BRICS thing is way underestimated. They are putting in place the infrastructure to take over as the world's reserve currency. USA is fucking up. The 50% tariff on india had them running to Russia and China to join forces and then Vietnam is now with BRICS and they are stockpiling the gold and building vaults and banks in these nations to hold the gold. Meanwhile the fiat USA dollar is tanking and USA is going with bullshit digital fake coins that only exist in theory and with trust that an algorithm isn't being hacked or manipulated.