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Recession Coming

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These words increasing in frequency on the timeline as they do every few years and occasionally they are right, Kim Dotcom "buy crypto and gold!!"

Interesting Moneyweek article about the response to 2008. If another recession is coming we certainly aren't in a position to repeat the actions employed to muddle through the last one so a short sharp shock looks more likely next time round.  Link to Moneyweek article and a 'perception vs reality' graphic on recessions from ForexLive below.

https://moneyweek.com/495051/the-best-response-to-the-2008-financial-crisis-would-have-been-a-short-sharp-recession/

recess1.PNG.e06c8aaae6f96683d92fbb847ded102f.PNG

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@Caseynotes, if a recession comes then it really will be nothing new. We will see a drop / correction in the markets. History has seen this umpteen times and there is absolutely nothing to worry out from an investment / trading perspective. Use any recession to invest wisely and trade ruthlessly. There was a lot of value and money to be made from the last 'financial crisis'. If there is one in the future then it will be no different.

I will be interested to see if Gold does go up in any significant way. I will also be interested to see if Bitcoin goes up more than Gold. If it does then it may be the start of any evidence that Bitcoin is becoming the 'digital gold' and the new store of value. 

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It is an interesting one @TrendFollower, the twitteratti seem divided as to which way bitcoin will go on a big rush to safety and am not sure myself, but am not in a rush to find out ? 

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