What will Ed Dowd’s upcoming deflationary event do to the prices of everything? Do we really think silver will continue moving higher if everything else drops in price? How about those miners? Ed expects a 20-50% correction in equities, which will pull the miners lower if history is any sort of guide. The recent rally in TLT alongside “coal mine canary” JNK tipping over is a danger signal for me. Add in defunded-migrant-chaos, and the “Melee” in Washington, what do you get?
Probably not risk on. And probably not inflationary either.
My position hasn’t changed – I’m 50% in cash. I’m looking to buy the sale, so I’m definitely talking my position – this is not financial advice. There was a great sale back in 2020. I’m hoping to see another great sale in 2025.
by davefairtex 
