The Daily Gold, Released on 10/21/24

Crash calls are a permanent fixture on social media which attract quite a bit of attention. None of them are even close to viable today. Crashes are rare and we just had one 4 years ago. Household debt and mortgage debt are way below 2008 levels. Furthermore, secular bear markets do not end with crashes when bonds are in a secular bear as they are now.

Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.

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