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     9 years ago  

    they also revised April jobs lower. Recession is coming... gird your loins

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     9 years ago  

    Yes, dollar down, 10-year down, metals up, bitcoin comatose...

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       9 years ago  
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         9 years ago  

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           9 years ago  

          Seems bitcoin is demand dependent... if US goes into recession, who will have money to buy it seems to be response. It's not a store of value so far and if sentiment changes on US economy so goes bitcoin. too early to tell just thinking out loud.

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             9 years ago  

            I've been wondering that about metals too. Who is going to buy my $50 silver and with what?

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               9 years ago  

              I agree. At the very least I would expect them to hedge the declining dollar and or the nominal price will rise as dollar falls not that people would be buying but...

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                 9 years ago  

                thx for the info! 0% growth for myself...

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                   9 years ago  

                  And what do you project occurs during another recession?

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                   9 years ago  

                  I'm in San Diego, and by the look on the streets and numbers of homeless it's already here...This is not good!

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                     9 years ago  

                    I'm on record stating that they're going to hang this around Trump's neck. Did the same thing to Reagan and Bush.