Markets all around the world are in shambles. This past Monday was an utter bloodbath. The Dow plummeted by 2013 points upon opening, the single largest drop in history.
In fact, the Dow dropped by so much that a “fail-safe” mechanism was activated, halting trading for 15 minutes to “stop the bleeding”.
The following day, the Dow roared back by 1197 points on talk of “economic stimulus”.
And today? The Dow once again continued its wild ride, shedding another 1465 points.
Could this be the “black swan” event so many experts have been talking about?
And if so, and this wild ride is just getting started, how much more of this can your retirement savings handle?
As of right now the Dow is down just over 16% year to date.
Gold is up a solid 7%.
Which would you feel more comfortable holding in these turbulent times?