Are we close to a stock market correction or recession yet in the USA in late 2025? Wall street specifically? Or no?

[mysteriousNicholas]

Updates

10 mo

Well I've bought back into local and global markets, so now I'm hoping and praying the markets do well for remainder 2025, lol 😅🙂 or maybe I'll sell before year's out : maybe I'll sell. Lol. Silver and Gold and cash safer havens, how should I know. And switching. No advice. I'm just narrating myself of what I've already done ✅👍

[jamesgoldman]

The price of gold would suggest it's possible

[mysteriousNicholas]

@jamesgoldman thanks James, good to hear from you again 🤠🙂 - in those scenarios, or in previous crashes or corrections or near dips, how do you as a gold person, - not lose money? Or not end up in losing money versus well, keeping afloat financially? I mean it's the age old saying "isn't a market recessions, bad for you for business? Just as much as the market going well, bad for business? As you can appreciate, I'm very simple. Personally I like silver as a material. Too much "I grew up in the churches where they told beware the golden calf and or beware the Indian Jones golden thing ark" - scary

[mysteriousNicholas]

*Indiana Jones

[jamesgoldman]

I'm buying and selling on average in a week or two mostly from the public and wholesaling to the trade

The public market at my level is rare and more of filling requests than holding pieces on the off-chance

[mysteriousNicholas]

@jamesgoldman so if you didn't do gold, what are other careers or jobs would you do to make a living or a second job even? If I may ask please

[jamesgoldman]

I was in scrap as a kid I guess I'd have stuck in the restaurant trade or with my current capital, found a partner to run a decent little rental like a limo, a Bentley Flying Spur or something classic

[mysteriousNicholas]

@jamesgoldman so how far away are we from a crash or recession? Feeling like 2019 or early 2020 yet? Or should we all just expect this bull run to keep running until, shrug, who knows, to even 2028 and beyond? 🐂

[mysteriousNicholas]

@jamesgoldman I mean you see the publicly available gold graphs of gold markets - there's no secrets 🙂🤣

[jamesgoldman]

2020 was a slaughter with little real indication
Using 2008 that took about 18 months for cracks to crumble in the open market so I'd say we might have a year

[mysteriousNicholas]

@jamesgoldman thanks man. After all, it's like reading a crystal ball, each to their own predictions, and it's just like me saying 1 month for a stock mark correction versus you say 1 year. We're all just wanting to guess lol 😂😂 no advice anyone. Anyways have a good weekend. GAG seems even quieter now than when I came back here last week, so I think I'll call it a day with GAG and move on with my life back to reality aka back to my happy offline existence - after all, I think GAG personally is now past its heyday in my opinion take care James

[msc545]

We are. Trump will make sure this happens.

[mysteriousNicholas]

@msc545 hmm but that's odd in itself, let alone that the Republicans won another term in office (ignoring the 4 years of Joe Biden for a second between DJT isn't serving terms one after the other)

[mysteriousNicholas]

@msc545 I mean, if anything, doesn't then the Trump Administration in that hypothetical have to spend more money just to stimulus and or bail out the stocks markets,? Like Bush in 08

[FateofOphelia]

I would bet so