Dave Kranzler says this is the nastiest bear market rally he’s seen in over 34 years of professional experience in the markets. Here’s more…
“They may try to run this poor thing straight up and over a cliff. Recall the 2000 top was in March but they briefly ran it back in Sep 00. Ditto in Oct 07. When warning signs are ignored, the endings are abrupt. Maintain safety nets, but don’t assume stupidity has limits.” – John Hussman
This is the nastiest bear market rally that I have seen in my over 34 years of experience as a financial markets professional. It would be a mistake to make the assumption that there has not been some official intervention to help the stock market recover from the December sell-off.
Rob Kientz of goldsilverpros.com – a relatively new website that focuses on gold and silver market news and research – and I had a conversation about the extreme negative divergence between the economy and the stock market. And, of course, we discussed gold, silver and mining stocks:
If you are interested in ideas for taking advantage of the inevitable systemic reset that will hit the U.S. financial and economic system, check out either of these newsletters: Short Seller’s Journal information and more about the Mining Stock Journal here: Mining Stock Journal information.