The Dow and the S&P 500 could be cut in half and they would still be overvalued, Fund Manager Dave Kranzler tells Silver Doctors…
Kranzler thinks the fundamentals are showing the economy is headed south more quickly than many people are expecting.
Kranzler estimates that the 2019 fiscal deficit could end up as high as $1.8 trillion, the largest in history. In that case, interest rates would need to move higher, he says.
The housing market is starting to collapse, Kranzler says. Reports are showing that real estate sales all over the country all falling.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.