The Crack Up Boom
Goldminds Unite
…this is my question.
Is this IT ?
The long anticipated Crack up Boom
of Ludwig Von Mises ( Or Lui the Miserable as he was know by friends and family)
https://www.investopedia.com/terms/c/crackup-boom.asp
https://en.wikipedia.org/wiki/Ludwig_von_Mises
Now often referred to as the Everything Bubble ( perhaps coined by that modern day pseudo economist Martin Armstrong.)
…………………………
Reading this weekends posts here has me thinking .
Crack me up Lui. Your’re Dead but LOOKS LIKE You were DEAD RIGHT
Looks like Gold has finally broke out…woohooo
But so has Bitcoin and as is want to be , the Cryptomaniacs are beating the Goldbugs by 10 fold….sheesh
Now Sir Schism has show the SPX is also in the verge of a potentially massive breakout
Not to mention the Biggest Market on the Planet….Bonds…are still going UP
I don’t know about you but for me this kinda takes the fun out of being in Gold.
I mean what if gold goes up less that all the rest…
Notice overnight as I write this 10 PM June 30 Gold is down over 1% while the rest of the above asset classes are UP.
So lets follow this Perf Chart (5 Asset Classes % return for the 12 MONTHS)
COMMODITIES WILL NEED TO CATCH UP FOR THIS SCENARIO TO BE FULL ON.
Welcome to the Everything Bubble
Thanks Uncle Lui .
In answer to your question, as much as I want to see PM’s go up, let’s hope this isn’t IT. I, for one, am scared to see what life would be like on the other side of the everything bubble.