Complete annihilation. While the odds favor a crash in a short period of time, it is possible a somewhat controlled decline takes place over a more drawnout timeframe. I believe the crash scenario is much more likely.

Today marks a very significant day. The S&P 500 completes a H&S top with the conclusion of today’s trading session. Now that we are in a new calendar year(tax year as well) there is NO excuse for not selling long term equity positions most likely having significant appreciation after a 15 year bull market.

The capital should go where it will be best treated going forward from here. Into gold and silver miners and special situations. Some smaller(more speculative) suggestions include: AUST, DOLLF, DC, and special situation candidate METC. (This is not investment advice, just my opinion.)