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IPFS News Link • Stock Market

"The Market Slump Is Just Beginning" - Covid-19 Is Not The Cause, It's The Catalyst

• https://www.zerohedge.com by Egon von Greyerz

We are now entering a period of global crisis that will change the world for a very long time to come. This should come as no surprise to the people who have studied history and also read my articles for the last few years. Many others have also warned about the same thing. But since MSM never talks about the excesses in the world or the risks, 99.9% of people are totally unprepared for what is coming next.

THE 4,000 POINT FALL IN THE DOW IS THE MERE BEGINNING

The 14% fall in the Dow last week and similar in many markets around the world is the mere beginning. I warned investors about this stock collapse in recent weeks. In my article on Jan 26, I wrote "Stock Collapse and Gold Surge Imminent" and again on Feb 9, I said "The Crisis will Propel Gold and Sink Stocks". We have last week seen the beginning of the stock collapse with a 4,000 point fall in the Dow. The gold surge is still to come. We are likely to see further strong falls in stocks very soon.


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