The market has been on a tear, providing you only look at top 30 companies and ignore the rest. The part is going strong until the music stops. The FED hasn't indicated any willingness to stop creating free money, and has even go so far as to change the definition of Inflation.
I can't say of the market will decline 25-50% from here, if the FED wasn't printing unlimited new free money to be used through a shell company to circumvent law, pretty sure it would . And my guess is so does the FED, hence their unusual (legal?) activities to 'save' the economy.
What I do know, with equal conviction I had in January about the impending market decline, is that there will be consequences. The FED doesn't give money directly to individuals so they can climb out of debt or pay bills. If they did then the economy would have much less distortions.
Instead its through the financial companies, and they can't micro-manage how the money moves through the economy. Therefore the free money will find places to go. I still think Gold, Silver and mining companies will continue to benefit. GDX moved from 16 dollars to 45.78. I expect GDX to hit 100 if not higher, I would get nervous once GDX hits 160-200 as a potential all time top.
The problem with Gold is of course, that its physical and subject to countries import/export taxes or restrictions, as well as governments putting restrictions on it.
We have seen that Crypto has faces similar issues as governments tax or block the use of it. However, being virtual if you can connect to the 'blockchain', you can move your resources in spite of government restrictions.
I believe that if the market falls, everything will go down, just some things not as far as others. In 2009, GDX did not fall nearly as much as the market, and I expect the same thing as 'smart money' continues to move into the sector.
I think the same for Crypto currencies and to a lesser degree cyrpto miners miners. I am in substantially into these Cryptos:
Bitcoin ($11.5K) - It is the premium crypto, that is the main reason.
Ether ($400) and XRP ($0.275) are two crypto’s entering into mainstream currency trading in Japan on 8/31/20. ( click to read )
Bitcoin Cash ($270) and Lite coin Trust ($58) to be listed as a trade able stock ticker (BCHG & LTCN) , and it has passed its first hurdle. (click to read)
The reason I chose these Crypto's is they are set to be pioneering into trading on currency exchanges or as a stock ticker. This is a game changer, as you can move into Cryptos in a manner that many more people are already familiar with.
I am hoping for 2x-10x resturns on BCHG, LTCN, Ether and XRP. Bitcoin I think is an easy 3x before this is over. Its possible for 10x, but 'easy money' may go to other faster moving Cryptos.
Bitcoin miners I like are GBTC, RIOT, HUTMF, and HVBTF. (in that order)
I highly recommend Coinbase for your consideration into cryptos.
For Gold miners, GDX, GDXJ aer still best bets.
For miners, GOLD (miner stock symbol) is now being purchased by Warren Buffet. Mr. Buffet has historically said investing in Gold or miners is 'stupid'. Apparently things have changed.
For other miner picks, see the list I created in May. Everything exploded and did very well since then.
I can't say if the market will fall simply due to FED interference. I believe that something will shift with 14 million continuing to be out of work, massive layoffs ahead , IRS projecting a decade to return to pre-COVID employment levels, the USD plummeting almost 10% in about 6 months, Gold skyrocketing 37% since March to all time highs, a highly charged election in USA with potential a sitting president refuses to step down, COVID quite likely to surge into flu season, and various global tensions continuing to rise quickly.
Good Luck!
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