After pumping over $10T dollars in credit into the global economy, central banks have been pulling the rug from under leveraged nations, corporations, and individuals for three years.
It’s one of the cruelest features of bear markets: as soon as you think you found the bottom, the markets have a way of shaking the tree one last time.
We will cover the results of the midterm elections and their impact on stocks, bonds, and commodities this coming Thursday, but one, critical and very determining new trend is already in place, no matter who takes control of the house
Today, we’re publishing part 3, the final section of this complete playbook for sophisticated investing in bear market conditions.
Even though the overwhelming majority of investors hate gold right now, the bounce hasn’t happened yet. But despite their hatred, it’s time to start looking at gold again. The bear market is not over, but the risk/reward ratio is becoming stunningly favorable.