"The Fed managed to stop this massacre by announcing it would backstop everything."
"On Thursday, the Mint said that it ran out of stock amid record purchases of the American Silver Eagle bullion coins, which rose from 650,000 ounces sold in February to 2.32 million ounces with just 12 days into March."
Wall Street estimates are still in fantasyland.
On 9 March 2020, the Dow set a record by falling 2013 points. On 12 March, it beat this record with a 2352-point fall. Then, on Monday, it went into freefall, plummeting by 2997 points, or 12.93% on the day.
"We are in a bear market and a recession. It just hasn’t been announced ... yet."
"All major U.S. banking stocks fell by double-digit percentages during Monday’s session."