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b'Oil war that began today will bankrupt many US companies. 60% of stocks in Russell 2000 are lower now than when Donald \\u201cthe stock market president\\u201d Trump\\xa0 took office. Financials continue to get clobbered and stimulus won\\u2019t help them this time. This time nobody will believe QE is temporary or interest rates will normalize. Australia looking to repeat the mistakes of others central banks.
\\nGold broke $1700 today, but didn\\u2019t break out. All the babies were thrown out with all the bathwater, including gold mining stocks. Gold price much stronger during this crisis than in 2008. In contrast, the dollar is now falling against other currencies. Massive swings in the currency markets leaving the dollar crumbling against other major safe-haven currencies, unlike in 2008 when that crisis sent the dollar soaring. Gold has much less ground to recover now so if it reacts the way it did after the fed\\u2019s last bailout, it has a lot more upside ahead.
\\nPerfect conditions for a bitcoin rally, yet it\\u2019s collapsing as it fails to live up to hype and people realize it\\u2019s nothing more than digital risk. CNBC suddenly and conveniently seems to have forgotten the word \\u201cbitcoin.\\u201d Phenomenal opportunity now to dump bitcoin and buy gold before the bottom really drops out on bitcoin.
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