Sunday, 09 Feb 2014 04:24 AM By Newsmax Wires
It is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts.
“We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it.”
Unfortunately Spitznagel isn’t alone.
“We are in a gigantic financial asset bubble,” warns Swiss adviser and fund manager Marc Faber. “It could burst any day.”
Faber doesn’t hesitate to put the blame squarely on President Obama’s big government policies and the Federal Reserve’s risky low-rate policies, which, he says, “penalize the income earners, the savers who save, your parents — why should your parents be forced to speculate in stocks and in real estate and everything under the sun?”
Billion-dollar investor Warren Buffett is rumored to be preparing for a crash as well. The “Warren Buffett Indicator,” also known as the “Total-Market-Cap to GDP Ratio,” is breaching sell-alert status and a collapse may happen at any moment.
So with an inevitable crash looming, what are Main Street investors to do?
One option is to sell all your stocks and stuff your money under the mattress, and another option is to risk everything and ride out the storm.
NUcapitals take: if you read the whole article they also discuss that certain shares will be safe from the markets collapse. Our view is that if it is paper based and reliant on the systems based on the fiat currencies that run the markets currently, it could all be worthless. Purely because the layers of debt and the complex markets entwine beyond our own understanding. The safe path is to move to value and invest in tangible hard assets ie gold and silver. It is simple and not dependent on 3rd parties fulfilling obligations to share holders and the likes. The point of the article is to allude to the fact that the mainstream media is more and more sounding the call of the impending crash too.
Keep stacking