Below is a stunning chart of stock ownership from the Silent generation, Baby Boomers, Gen X, Millennials, plus a look at gold, silver, mining stock, and an insane suggestion.
Gold, Silver, Miners
October 19 (King World News) – Fred Hickey: Amazing amount of apathy regarding gold/silver miners (lack of discussion, extremely low trading volumes) just 1 1/2 weeks away from what should be stellar earnings reports with gold up $400 year over year and up $200 in Q3 vs Q2. Total reversal from widespread excitement 3 months ago.
From a contrarian’s standpoint, the apathy for precious metals/miners bodes well going into the reports. Silver’s up 40% Y/Y. S&P 500 earnings for Q3 expected to be down -19% Y/Y. Many miners will report 100%+ Y/Y gains…
Legendary investors are buying share of a company very few people know about. To find out which company CLICK HERE OR ON THE IMAGE BELOW.
An Insane Suggestion
Albert Edwards, Global Strategist: Just before the 2008 GFC I insanely suggested that 10y bond yields should go to zero. Treasuries missed the bullet in that recession but full scale Japanification beckons soon. Who could have imagined in 2006 when I posted those charts, we would be in the total mess we are now?
Stunning Chart: Who Owns Stocks?
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: Baby Boomers still by far dominant generation in terms of equity & mutual fund ownership, while Millennials’ share has barely budged from post-GFC levels
***To listen to the powerful KWN audio interview with Alasdair Macleod discussing the incredible crisis the world is facing and how it will impact major markets, including gold and silver CLICK HERE OR ON THE IMAGE BELOW.
Public Pulling Money Out Of Homes But Here’s A Surprise
***ALSO JUST RELEASED: Public Lining Up To Pull Money Out Of Homes At Near Record Rate, But That Is Not The Only Surprise CLICK HERE.
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