Dear readers,

In recent months, we have seen huge moves of the volatile market in these troubled times. Even commodities such as gold which is considered defensive, have been moving in difference of US$20-50 in many occasions.

The question in the minds of most investors are, how is this crisis going to fare as compared to the previous crash and depression.

Looking at the chart below published by The New York Times, it appears that we are definitely in for a hell-of-a-ride here.

The current financial crisis makes the ‘87 crash look like child’s play.

My opinion is to stay calm by the sidelines and wait. Potentially, I’m seeing more negative downside coming our way before the actual recovery which requires drastic change.