Still, huge corrections happen and given the now way out-of-control global monetary policy we're witnessing, safe trumps sorry. So, again, do your homework.
Several noted economists and distinguished investors are warning of a 50% stock market crash.
Billionaire Carl Icahn, for example, recently threw up a red flag on national broadcast when he declared, “The public is walking into a trap again as they did in 2007.”
Unfortunately, Icahn’s warning is tame compared to his peers.
“U.S. stocks are now about 80% overvalued,” says Andrew Smithers, the chairman of Smithers & Co. He backs up his prediction using a ratio which proves that the only time in history stocks were this risky was 1929 and 1999. And we all know what happened next. Stocks fell by 89% and 50%, respectively.
This simple sandcastle analogy proves an economic collapse is imminent. Click here to see how…
Former congressman Ron Paul didn’t mince words either. He warns that the stock market’s “day of reckoning” is fast-approaching. When that day comes, he doesn’t think it’s just going to be a correction, it will be “stock market chaos.”
But there is one distinct warning that should send chills down your spine … that of James Dale Davidson.
As a renowned economist, best-selling author, and founder of Strategic Investment, Davidson makes the strongest case for a looming crisis — “Right now, there are three key economic indicators screaming
SELL. They don’t imply that a 50% collapse is looming, it’s already at our doorstep.” More:
thesovereigninvestor.com/exclusives/stocks-economy-on-verge-of-collapse
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