Delmonte
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- 888
I’ll start.
My expectations are
Oil, no demand as the economy slows. bailed out. Struggles for years.....manipulated as the US has the petro-dollar, possible wars to inflate price upwards.
Property, huge devaluations as millions of mortgages default as millions, globally, face unemployment. No loans available as lending standards tighten......who’s gonna lend to bankrupt people, certainly not bankrupt banks! Banks will only endorse programmes backed by govts as they will be the guarantors....everything else, poof, gone in a puff of smoke.
Property is one massive debt based, over inflated bubble. It has just popped.
Gold. Miners should do well if they can maintain production successfully...depends if they can staff operations.....isolation/covid risks. Price goes up....their shares go up if they are producing!
Silver worth a punt as should follow suit. Silver is possibly the most undervalued safety play on the planet.
Gold- my thoughts are well documented. Imperative you own physical.
Hope others chip in to assist you with their thoughts.
The important thing here is that stock markets are manipulated and do not reflect economic reality....the US Ponzi, will determine everything. The Fed are clueless and nothing they can do, money print, will change the economic reality and debt default tsunami of what is about to go down.
The global Ponzi is out of cash.....
So on property, you expect a crash but at the same time we will get hyperinflation? Surely that would effectively remove property debt - (you have a big mortgage that quickly becomes a very small mortgage?)
Meanwhile residential rents increase along with inflation fuelling yield ratio from rental property? Or do rents fall, again because tenants can't pay them, don't have jobs, so rent is also excluded from inflation?
I'm confused....