Stock Market Correction: The Start of Something Much Bigger

A three percent correction is pretty normal except we haven't had one in a long time and the question is is this the start of something more ominous or is this just a small correction and you know what I think there's a lot of evidence that it is the start of something much bigger part of the evidence is that nobody is concerned nobody is worried there's maximum complacency. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ))

Pronounced Weakness In The US Dollar

January is over this is the worst January for the dollar index since 1987, this is a big move! January was the weakest month for the dollar against the yuan not just the weakest January but the weakest of any month going all the way back to 1994. So we're having some pronounced weakness in the dollar at a time where everybody is optimistic on the US economy.

Greenspan: Bubbles In Stocks & Bonds

Alan Greenspan was on CNBC today talking about the bubble in the bond market the bubble in the stock market how we're coming to stagflation how we don't have any productivity growth I mean I believe that Alan Greenspan knows exactly how bad this is.

US Economy: Closer To A Collapse

We're near the end of the game and unfortunately Trump's gonna be the fall guy. This thing is all gonna collapse while he's President and he owns the stock market bubble and he and the Republicans own the economy now thanks to these tax cuts. They're not gonna make any difference but they are gonna give the Democrats a reason to blame it all on Trump and the Republicans. We are getting closer to this collapse.

The US Economy Is Going To Blow Up

"The economy is gonna blow up but you know, it's gonna blow up like a bomb!" - Peter Schiff, in InfoWars (January 2018)

Why Wall Street Is Wrong About Gold Stocks

Peter Schiff in a recent article explains why Wall Street is wrong about gold stocks:

"When they see the price of gold going up, they’re like, ‘Well, why is the price of gold going up? I mean, what’s the point. The economy is great. There’s no inflation. The Fed is raising rates. Nobody’s buying gold. If it’s going up, it’s just going to go down.’ And so nobody sees the urgency to buy gold stocks the way they see the urgency to maybe buy oil stocks. But this is because they’re wrong. They think there is nothing to worry about. There is everything to worry about. There are so many things – there have probably never been more things to worry about. And the crazy thing is people aren’t worried about any of them. It’s probably because of the mania, because of the bubble. When you get into that mentality, nothing worries you.”

Related stocks: Goldcorp (GG), Newmont Mining (NEM), Barrick Gold (ABX), NovaGold (NG), Market Vectors Gold Miners ETF (GDX)