Posts by Robert Vaughn10

Michael Bloomberg suggests:



"Red for now."

Michael Morgan5 said:A recession? Yeah, it’s looking more than just likely at this point.
I’d say we’re looking at 2020.

But even so, we aren't about to go out and drop money on a brand-new SUV for the niece.😛

Officially or unofficially, the Dow Jones is sliding dangerously—down about 1,000 points in just two days, despite a brief "truce." Looking back, recessions actually start significantly before Lehman collapses, usually about nine months prior. So, now is the perfect time to go shopping. That's my takeaway, bolstered by some insights from the national news on CNBC. If you ask me, the Chinese can't play this any smarter; they're still holding the knife, but finding a fork is going to be a struggle. Then there's Brexit, which insiders are calling a "military strike." Like I said, things could pivot anywhere.

"For peanuts"

Greg is calling a recession:



Add Mike Maloney to the mix and you get...



Historically, whenever corporate tax revenues start sliding, a recession follows. I suspect they'll try everything to force those numbers back up.

"Coming soon."

J.P. Morgan breaks down the long-term outlook for currencies and paper assets:

https://www.zerohedge.com/news/2018-...se-omen-market

Given this 90-day tariff truce, it looks like the stage is being set—not just for now, but for a long-term slide into stagflation.

https://www.zerohedge.com/news/2018-...onger-expected

The bottom line is that China has to buy significantly more American goods. They’ve done what they can, but now those ghost cities are starting to show. Jim Sinclair noted that the internal economy in China is becoming too tough to crack, making it a prime target—and that reality is setting in. How you plan to manage that is up to you. You've done a massive job since 1960, but the West is stagnating far too much, and that needs to stop. Personally, I'm fine with it. We'll see how the numbers look over the next three to ten years. A major long-term pivot is coming.

Warren Buffett shares his latest investment strategy:



"Anything you want to add?"

A decent play in equities:

https://kingworldnews.com/alert-1350...old-is-coming/

A solid coin paired with an actual mining operation could yield some serious results. Jim Sinclair is making his move again. He’s forecasting just a few months of intense pressure.
Mining stocks are currently bottoming out—we're talking levels reminiscent of 2001. Given this market expert's track record, it isn't too late now, and it won't be too late six months from now either.🙏
In ten years? Hopefully, we'll see some growth by then. Which means bonds. The yield spread is actually worth noting... though timing will be everything.

https://www.zerohedge.com/news/2018-...tch-above-junk

John White said:Wait, is this the same Jim Rickards who was shouting from the rooftops back in 2013, claiming gold would hit $4,000 right after it tanked from $1,800 down to $1,100?

He’s claiming it’ll hit $7,000–$10,000. I’ll say it again: his track record since 1998 is hard to ignore. What you mentioned actually proves how convincing he is—he’s calling it from a contrarian position, specifically following a correction. Since you clearly know your stuff, let me flip the question on you. What’s your best guess for the Dow? Just a ballpark figure will do...

Rob Kirby estimates the Dow Jones trajectory for the next month between 10% and 11%.

https://www.silverdoctors.com/headli...-am-right-now/

Jim Rickards is also forecasting a 20% drop in the Dow Jones over that same window. All this while
Federal Reserve Chair Jay Powell considers hiking rates—a move Donald Trump has voiced strong opposition to. Just a reminder: we only need JPMorgan Chase to avoid shorting metals again. Silver is currently flatlining. Perhaps waiting a bit longer on the sequence of events we've seen lately is actually the smarter play.

"Monetary resets don't happen every day."

While some people are still playing games with interest rates, the 10-year yield just cleared 3.25%, prompting a statement from the President:

https://www.zerohedge.com/news/2018-...d-market-crash

"borrowing against interest"

Jim Sinclair and Bill Holter are confirming the timing and the move:

https://www.silverdoctors.com/gold/g...-be-explosive/

"Let me just... check my notes... ah, yes."

Wherever the Turks go, little Moe follows...
It’s still worth noting that Turkey has managed to grow its GDP at a real rate of roughly 7% so far. I suppose if you can manage to pull yourself together for a second, you might actually ask how such a massive, rapid 40% collapse of the Turkish lira is even possible when, say, Eurozone growth is sitting at 2%. One has to wonder how this whole mess will play out in the long run. But, sure... we'll keep watching this movement. It's quite telling. Watch your step.

"Followed by Turkish coffee"

We can grab a coffee and discuss this:

https://www.zerohedge.com/news/2018-...rol-gold-comex

"and even the President chuckled."

Domestic sources suggest the timing:

"There'll be time... there will be... just a little longer..."

Bitcoin at $8,000. Max Keiser is out there shouting, "We’re hitting $100k per Bitcoin." Is that even realistic? Maybe. I might just find some extra cash under the couch cushion. Regardless, VUR put forward a stellar suggestion on capital allocation, and it was officially adopted.
Then we remembered Rick Rule. If we pool our resources, we’re looking at catching another order of magnitude. That’s a hundredfold increase. The opportunity is staring us in the face. zvrk suggested a reasonable entry point for miners; I’d argue the same applies to crypto. We’ve found a great angle here. It’s a perfect window to fix our balance sheets—a genuine launch window is opening up.

"Tech, then physical assets, then... maybe bonds?"

Silver has dipped below $16. Meanwhile, 10-year yields have broken their trend in the opposite direction. Whether we've actually recovered remains to be seen, though Neel Kashkari might suggest a pause on further rate hikes. Zerohedge offers its own take—one that isn't necessarily immediate, but likely accurate...

https://www.zerohedge.com/news/2018-...cks-save-bonds

We aren't exactly rushing into precious metals; there's no urgent need on our end.

"have a decent conversation with clients"

A little food for thought regarding inflation, especially given all those "hedonic" adjustments they use. Alasdair McLeod, for instance, argues that the actual inflation rate is likely "closer to 10%."

https://www.zerohedge.com/news/2018-...r-fastest-2011

It would be more appropriate to use a calculation method that isn't stuck in the 1980s.
One has to wonder why...

"we aren't going to raise interest rates"

Chaos at the top level:

https://triblive.com/business/headli...nancial-crisis

"with all its former glory, Lebanon falls"

We’re seeing similar themes resurface, much like the opening post of this thread. Jim Rickards is laying out just how massive these shifts could actually be.

https://www.zerohedge.com/news/2018-...-world-heading

Meanwhile, Bitcoin is bouncing between $6,000 and $7,000. Silver is sitting at $15.90—desperately low, and likely headed even lower. Combine that with the recent sharp drop in the 10-year yield from 3.1% down to 2.8% (an event Jim Cramer commented on in his usual style), and you start to see an opportunity. Given the urgent need for a new credit cycle, we might see some debt forgiveness on the horizon. It's also probable that certain "shadow players" will soon find themselves phased out...

"Good luck, pal."

If I were running a major Wall Street bank:

https://www.zerohedge.com/news/2018-...n-sanction-war

"Read this article."

Silver took another hit today, dropping over 60 cents to slide comfortably below $17. The gold-to-silver ratio is hovering near 80 again. Once this thing finally pivots, the returns are going to be massive—it’ll be a beautiful sight. One needs to adopt that mindset. As I've mentioned before, things are playing out without much drama. Personally, I'm not seeing any major red flags. Well, maybe some, but certainly nothing involving gold... Anyone picking up a pallet of copper right now might actually be a genius. Prices are swinging wildly based on inflation rates, and for now, everyone is distracted by crypto. That's the order of operations being followed.

"The window for buying is almost closed"