Recession coming! Inverted yield curve ahead!

in #economy8 years ago

The federal reserve raised rates this week, and but the yields in the bond market are going down! This could cause an inverted yield curve and if that occurs, a recession is imminent. It is coming, the question is will this be good for gold and silver? The stock markets will for sure fall but that about the precious metals. A lot of people think a recession is good for gold, but if we have a crash, this could cause the price of the metals to go down. This would be a crazy opportunity for the junior market though. 2008, UEC went from 8 dollars to 25 cents right back to 8 dollars. Incredible opportunity for value investors.

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Cryptocurrency such as Bitcoin, ETHEREUM, DASH, etc. will cream any stock. I am in ETHEREUM at $40. I think the Cryptocurrency craze is now the talk of the town..

Thats what scary about it. When average joe talks about bitcoin, scares the hell out of me. Contrarian view.