At the same time, the further things get pulled away from the historical trend, the harder the rebouce (and overshooting) when whatever was doing the pulling finally cracks.
(Mind, you, having been in Gold since 2010 following the last Crash - mainly because that was the second Crash I was right smack in the middle of due to working in the Industry most affected, so I became very conservative as an investor and weary about the current Economic structure - I am oh so intimatelly familiar with that saying, having been expecting for a decade and a half what I saw as an innevitable broad economic collapse due to unresolved causes of the last crash and by how sticking to ultra-low interest rates, Central Banks did not have those tools available this time around with anywhere the same power as back in 2008.
Judging by how Gold has moved since 2023, there seem to be more and more people expecting the same as me).
“The market can stay irrational longer than you can stay solvent”
At the same time, the further things get pulled away from the historical trend, the harder the rebouce (and overshooting) when whatever was doing the pulling finally cracks.
(Mind, you, having been in Gold since 2010 following the last Crash - mainly because that was the second Crash I was right smack in the middle of due to working in the Industry most affected, so I became very conservative as an investor and weary about the current Economic structure - I am oh so intimatelly familiar with that saying, having been expecting for a decade and a half what I saw as an innevitable broad economic collapse due to unresolved causes of the last crash and by how sticking to ultra-low interest rates, Central Banks did not have those tools available this time around with anywhere the same power as back in 2008.
Judging by how Gold has moved since 2023, there seem to be more and more people expecting the same as me).