/biz/ - Business & Finance

>>19735232

Picture related is what happened on the second leg down of the 2008 crash. That was where gold was weakest on the second leg down, but even there it rose a little. I also think, as I say, that the risk of a paper-market collapse is very serious. Go to Arcadia Economics and see how many people in the PM space are predicting it imminently. If I were sitting all in cash right now, I'd be very nervous, because, any day now, according to Peter Schiff, we might see a situation opposite to that which we saw with respect to negative oil prices in the oil futures market.