/biz/ - Business & Finance

>>29439604
Good take.
>Volatility is always a feature of new markets.
Bubbles are a feature of new markets, whether railroads or dotcoms or tulips.
>Any non dividend paying high PE stock deserves to be pounded to death.
They will be.
>gold to $2400
This would still only barely be off the historic lows in real terms. I think gold will go up much higher than most people think. If the USD fails as a reserve currency, there is only one other tier 1 asset. And the central banks will print as much currency as they need to in order to buy that asset. In real terms gold might only go to 10-20k but in nominal terms I think it will go a lot higher.
>financials
I think the financials are extremely overvalued but it will certainly be the most interesting market to watch. Good points on food and energy though.

>>29440192
>buying back now/soon
BTC has seen the greenest bullrun in its history. You would be better off DCAing out and wait for the lows in a year or two. There are better markets out there than crypto at this point.

>>29440325
Probably none. I have some bags I'm not selling but I expect them to go down for at least the next year.