Video: Two experts warn correction could total 60%. – B.B.
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An Autumn storm brewing? The stock market is now looking precariously over-valued; there are rumblings that the Federal Reserve may finally be ending ZIRP, and there are persistent rumors of potential “bail ins” of private bank accounts in the United States. If you have been dawdling, then it is high time to get your financial ducks in a row, folks! With spot silver presently below $19.60 per ounce, I consider it a strong BUY, but be sure to buy physical silver and keep it in your personal possession, well-hidden at home. (Don’t depend on ETFs, warehouse receipts, or otherwise be dependent on the honesty and dutifulness of others. When the Crunch comes, you don’t want to be at the mercy of anyone (inside or outside of government) doing the right thing. Odds are, they won’t.) – JWR
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Russia Sanctions Hit German Consumers, “Economic Expectations Completely Collapse”