I’m starting to come around to a similar conclusion. The US$ losing value as prices keep decreasing for many asset classes. Thus, I have increased my position in gold to 50% of my assets.Both Elliott wave and candlestick charts are bullish gold now. And financial panic is building as well as future pressure of US$ devaluing.
Who knows what the future holds? But I think it’s not going to be good for a while. Articles in the FT lately are pointing towards a Eurozone recession and rate cut. I’d say, work where you can. RE prices may surprise you in the future. You may not need a mortgage. I cant believe I just wrote that. But it’s not that outta line looking forward.
