What has the last 2-3 years taught us? Don’t listen to perma-bears when risk is ON and vice-versa!

While in Risk Off for the next 2 years, it’s OK to listen to perma-bears.

However, ONCE RISK ON RESUMES AT END OF 2026! DONT LISTEN TO THEM!

Bad numbers will be a problem for 2025-2028…rising unemployment, weak economy etc…

AND REAL ESTATE-SPY will be in the dumps for 5-6 years.

But listening to perma-bears in 2013, was very lethal to GOLD BUGS! In 2013, SPY was the absolute winner and real estate began to move.

This is the basis of the 2Y RULE! No perma-bulls or perma-bears are allowed!

AND all dowm’s are perma-bears with one foot in the grave! I DONT LISTEN TO THEM!