Next U.S. Recession is further out

2019年6月19日

A lot of people are thinking the recession and crash in the equities markets will start this year. I beg to differ. Gold is in accumulation and so is bitcoin. I think both assets will rally up to their previous highs within the next two years and when the market crashes in 2022-23 that is when gold and bitcoin will dump around 40-50% with equities. There is another support for unemployment suggesting a possible crash at the end of 2020. Equities are extremely over valued but the market is completely irrational and I believe will go higher than most expect.