Another Trumpletantrum, another 2%.

Trumpletantantrum - I like that - Did you coin that or pick it up somewhere?

Interesting how gold bottomed shortly before the peak in the Nasdaq. That is an awful lot of wisdom from a barbarous relic!

"Much worse" how? Great Depression-like in losses & duration? Fortunately, history shows Bear Markets are not only short-lived, but also few & far between.

A visual history of U.S. bull and bear markets since 1926

Here's a fun chart that provides a visual history of bull and bear markets in the U.S. since 1926. Sometimes stock market terms and charts can be confusing. This chart makes a powerful point in a clear, concise manner.

www.getrichslowly.org

Mish do you still like Goldmoney? How about MENE?

Mish, have you looked into the Mark Skidmore/Catherine Austin Fitts story of the "missing" 21 trillion at the Pentagon?

Hiking rates into horrifically high unemployment? Good lord, the Fed is stupid.

domain said: Interesting how gold bottomed shortly before the peak in the Nasdaq. That is an awful lot of wisdom from a barbarous relic!

Look at XAU vs. the Nasdaq in 2000-2001. Basically a perfect inverse correlation.

What goes up, goes down. What goes down, goes up. Over time.

Since you are using charts to bolster gloom and doom, maybe you should be fair and post some longer term charts too? We are actually closer to support levels than to the peaks, 5-15% depending what you are looking at. Is that "much, much worse"? Probably not in most peoples books.

What's "much worse", and over what time frame? What will be much worse over long period of time are pensions, global cooling, increasing taxes, govt oppression, and civil unrest.

Stocks, not so much, and 2 months max.