Far from it.
The huckster says that the stock market has not done squat in the last 3-4 years.
Small and mid-cap stocks and international stocks have done outstanding, with high double digit returns. REITs have done well, as have oil related stocks. I stopped reading right there, obvious this snake oil merchant does not know what he is talking about. I imagine this hawker of gold or something is trying to peddle his wares, the usual motive for those predicting doom in the stock market.
Oil is a resource stock. Actually, 321 Gold has opened another web site called 321 Oil.
Most natural resources are doing extremely well. Gold, silver, copper, platinum, molybdenum, oil, natural gas, you name it. Iron has done exceedingly well too, although you don't often hear it mentioned.
For what it's worth, I have pulled everything out of the stock market and long-term bond market for the moment. As this fellow says, the bond market is VERY hard to predict at the moment, but it's clearly at a key juncture one way or the other. The fundamentals are poor, the technicals are ominous, and it is a classically bad time of the year. Sure, the Doom and Gloomers are really monotonous, and I no longer bother to read most of them. But this fellow is presenting technical analysis, not the daily diet of doom & gloom. He may or may not be right, of course.
REITs? You think NOW is a good time to invest in REITs?!?!?!?!?!?!?