OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Been thinking – always a dangerous thing

Posted by Buygold @ 11:08 on May 29, 2023  

What if nothing happens and the economy crashes but nothing more than a garden variety selloff of 20% in the SM? A lot of the selling damage has already occurred in most of the sectors where some stocks have fallen 60% or so, so the last thing to correct is Tech, but a lot of tech has sold down huge as well.

samb mentioned a rolling correction, what if all of these markets are suffering a rolling crash and have done so for quite awhile. So much of the index stuff is driven by big tech, MSFT, GOOG, etc.

I guess what I mean is, what if this whole thing doesn’t come crashing down. What if the Repubs never win another election and we’re stuck with a tyrannical deep state government? What if the dollar index sort of holds around, rates stay tame, and gold sort of limps along as well?

What does this country look like? I think if the deep state isn’t reigned in, there will never be another president or Congress that aren’t a part of the uniparty. We call that tyranny and if we think we have problems with free speech now, we are talking total Orwell.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.