Yahoo!Finance/Will Daniel/9-15-2022
“That same day, Stanley Druckenmiller, one of Wall Street’s most respected minds, argued that the pain won’t be temporary—and that stocks face an entire decade of sideways trading as the global economy goes through a tectonic shift.”
USAGOLD note: Druckenmiller pointed to the sideways stock market between 1966 and 1982 as a period comparable to where he believes we are headed. In that dark era for stocks, we will add, gold and silver shone brightly.
