Alarm Bells Ringing For Stock Markets
Alarm Bells Ringing For Stock Markets by Steve St. Angelo – SRSrocco Report
Are we overdue for the “Big One”? It seems everyone is buying stocks again. And no one is interested in precious metals. Mike Maloney believes we may have reached capitulation. Mike explains in this short video two indicators that point to a near capitulation of the markets.
Unfortunately, investors are piling into a market that is topping, while they should be purchasing precious metals. The downside risk to gold and silver is very limited, but this can’t be said for the broader markets. Instead, the stock market has an extreme downside risk while the precious metals have unlimited upside potential.
In the short video, Mike explains the significance of the falling gold coin sales in the chart below:
Some precious metals investors have become frustrated by the lack of retail precious metals demand and sluggish prices, while the Dow Jones Index continues to head toward 50,000. However, this is the very time to be buying precious metals when the majority are not.
Mike Maloney also explains more details of the overextended market in his video, The Everything Bubble: CODE RED:
Lastly, if you haven’t checked at Mike Maloney’s Hidden Secrets Of Money Series at GoldSilver.com, I highly recommend you click on the link and watch them all. There’s a lot of excellent information and data on details of money and the precious metals.