Bob Moriarty: "It's Going To Be Brutal" - Repeat Of 1929
Liberty and Finance, Released on 5/20/22
"The market is the most out of balance today it's ever been," says financial author, Marine, and Naval Aviator Bob Moriarty, "It will self-correct. But it's going to be brutal." Along with the stock crash, the cost of energy and food are skyrocketing. This stock market crash will look like 1929 all over again, Bob Moriarty expects. He says owning hard assets as well as having a good stock of cash is imperative for surviving the coming crisis and being able to take advantage of investment opportunities going forward.
0:00 Intro1:41 Stocks down 20%6:13 Cash is king7:27 Gold & silver9:00 Buying & selling13:26 Resource stocks15:28 Famine19:04 Revolution20:03 Preparedness21:09 Cryptocurrency25:29 Hard assets28:45 Last thoughts29:58 Miles Franklin
Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 international aviation records. He is the author of Nobody Knows Anything and Basic Investing in Resource Stocks.
Bob Moriarty: "It's Going To Be Brutal" - Repeat Of 1929 added by Herman James on 05/19/2022View all posts by Herman James ?+'