The stock market sold off after being extremely overvalued, says Fund Manager Dave Kranzler, but it is still overvalued…
The stock market is bouncing, but not based on fundamental strength of the economy. The current volatility in the stock market is a sign of instability. Markets have further to fall, he says, so be wary of talk about a strong market.
Precious metals are on the rise, and Kranzler is hoping this trend continues. In his opinion, there’s a good probability of an extended bull move that began in late 2008. He believes the mining stocks will lead the way and outperform.
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.