Jim Rickards: Please Listen! It Was Just A Signal, The Bigger Collapse Is Coming, Be Prepared Now

After last week’s violent selloff, investors are bracing for another tumultuous week, signaling the end of one phase in the stock market and the beginning of another, marked by increased volatility and pervasive fear. American recession fears have sparked a massive sell-off in Japan, leading to a lower U.S. market opening. The Dow Jones Industrial Average, S&P 500, and Nasdaq are all set to plummet, following a weak U.S. jobs report and continued negative sentiment from major tech companies. This paints a grim picture for the U.S. economy, highlighting deep-rooted issues that Jim Rickards has long warned about.The U.S. markets were already reeling from Friday's soft jobs report, which showed the U.S. unemployment rate unexpectedly climbing to 4.3%, catching Wall Street off guard. This negative sentiment has only intensified over the weekend, leading to premarket futures trading showing significant drops. The Dow Jones Industrial Average dropped as much as 1,000 points or 3%, the S&P 500 was down 3.4%, and the tech-heavy Nasdaq was set to slide by 5% at the open. This marks the worst opening for U.S. stocks in the post-pandemic era.

Jim Rickards: Please Listen! It Was Just A Signal, The Bigger Collapse Is Coming, Be Prepared Now

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[agathacolleen]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

[LutherGates]

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[LipingKong-mszm]

If these experts who are making a living by earnings of taxes dollars should be replaced by AI, if they continue lying.😮

[kumar]

Repeating same words and sentences unnecessarily lengthens the video