John Feneck, Founder of Feneck Consulting, discusses the single-worst day for equities with David Lin, Anchor for Kitco News, at the Precious Metals Summit in Beaver Creek.

    Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
    Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)

    0:00 – Market action
    4:06 – Fed mandate
    6:33 – Next rate hike
    9:30 – Ukraine-Russia
    10:06 – Outlook on inflation
    12:06 – Stock market outlook
    14:20 – Economic outlook
    18:14 – Gold outlook
    20:30 – Gold miners

    #inflation #stocks #investing
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    35 Comments

    1. I’ve been under since day one, (April 2021). When BTC was supposed to go to $100k, It didn’t. I’ve been buying and hodling AMZFS2 and i know my patience will pay off .

    2. I'm DCAing in AMZFS2 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

    3. While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AMZFS2 will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.

    4. There were a lot of leveraged positions that needed to cover out and get out on the open. This was not a crash!! -5% is not a crash… not even close. The selling is still VERY orderly with no panic at all. Volatility is very low, for such large ranges, which means everything is still way over-valued.

    5. Covid with its lockdowns did far more damage to the world economy than the GFC ever did. The markets just pretended it didn't. Add in the continuing war in Ukraine and civil unrest in many parts of the world and it's difficult to see how this can have a happy ending. The US Federal election in 2024 looms as a potential catastrophe for the US and the world. I pray that Trump does not run because if he were to lose he will undoubtedly claim that he was cheated again and then you have a real chance of open armed conflict within the US. I'm not sure people realise how precarious the 2024 Fedral election will be if Trump runs….and loses. I think that is why China will continue to wait it out rather than directly oppose America militarily now.

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