Flee to Cash, It’s Not Going Down - Chris Vermeulen #5529

Summary: The markets have no place to go but down, and in response, everyone is piling out. How low are the markets, and how low is low enough? Chris Vermeulen comes on the show to put this concept into perspective. The current panic and uncertainty within the markets cause people to move to currency, which is one of the most effective ways to protect capital in these conditions. Tune in for more insight about where the markets are headed, and strategies to consider for the conceivable future. Highlights: -It’s a bloodbath today across the markets, and we haven’t seen this panic since 2021 -The problem with panic is that everything goes down (i.e. commodities, precious metals) -Even if people don’t want to sell their positions, they have to -When people are nervous, they move to currency -We could still continue to see a pretty big drop and more volatility; there is still a lot of downside -Chris predicts that we’re entering a multi-year bear market in equities -Protecting capital and moving to cash is one of the best things you can do -As price goes down, liquidity goes down; gold is getting slaughtered and silver is down $1 today -We’re seeing signs of even lower prices to come -You can avoid the bear market by moving cash and can take advantage of some of these opportunities -We’re coming into a time where big money is made on advances and declines -The commodity super cycle could be in effect for the next 3-5 years -Expect to see a couple of large hedge funds bite the dust -No one should be holding assets that are falling, and it comes down to managing positions and risks Useful Links: Financial Survival Network Technical Traders