Banks Insolvencies Whisper, SM Crash Begins, Herd flees to Gold

After the 80% in 2013, the Gold Pushers have been saying "buy gold" "buy gold" for the last decade.

During that time, we saw a sideways consolidation pattern where gold is around the same place today as it was 10 years ago.

Meanwhile, SPY grew 3X before drawing down a reasonable 20%. BTC grew 129X drawing down 60%. My hands were in SPY and BTC.

However, now with the eminent domino effect of bank insolvencies around the corner and a 30% estimated SPY drawdown around the corner, flight to safety is eminent.

NOW is the time to buy gold. Not in 2013, not 2015, not 2019, but NOW. Bear flag forming. 5-10 year recession on the horizon.

Gold first. Then, once the Fed starts printing and lower rates again, BTC.

Nuff said.


GOLD
2008:2011 - 65%+
2011:2013 - (80%)
2013:2023 - 0% sideways consolidation bearflag

SPY
2013:2021 - 3X
2021:2023 - (20%)

BTC
2013:2021 - 129X
2021:2023 - (60%)

FEDRATE
2019:2020 - (97%) (2.37 to .05)
2020:2022 - sideways (.05)
2022:2023 - 91X

M2Supply
2008:2022 - 300X
2022:2023 - (3%)