I don’t buy the hype. CNBC recently claimed gold could reach $5000. It’s now dropped to near 52 week lows. Even the radio ads have switched from gold to silver. It smells the same for the market.
As for stocks, bring up the Dow financial page and expand it to the full history. Look at the pattern. It’s approaching the time interval, slope and peak of the last 2 massive drops. If you move back in time from the highest peaks to the early 90’s and before, look at the peaks and drops there, it still has a similar pattern. I am not sure when the next big drop will occur but things are aligning for it to happen again. Could be a week, or a year. When It goes, it will be quick and deep like the other times.
I don’t trust any financial news that predict massive good news. That always happens to push the bubble higher so the major investors can exit before the crash.
Speaking of that, do a search on those investors and see where they are putting their money into. It’s not stocks at this point in time. They are quietly exiting the market.
FYI.