Quote from: Mr Anabolic on February 20, 2014, 04:57:28 AM
“You must be very young and naïve.
The stock market is a huge bubble right now all pumped up by the Fed reserve. When this thing pops, it's gonna make the 1929 crash look like a picnic.
Every asset class has it's cycle... right now stocks and RE are NOT the place to be.
Buy gold and silver instead.”
Ahem (Feb 2014 below) ...
Dow was 16100 at the time of Mr A’s 2014 quote. And it went on to add a further 10000 points in the following years to 2018! (By comprison gold was around $1350 and today is also $1350. Also gold has produced zero yield whereas stocks produced a consistent yield over this time). RE also boomed during this period.
Now might be a good time to requote this quote
