Ned Schmidt – Dow 16,000 (Podcast)

Ned Schmidt – Dow 16,000 Podcast – Financial Survival Network

Ned Schmidt believes that investing will be quite easy this year and next, sell stocks and buy gold. He believes it will crash down to 16,000 for 2019. US Stocks are dead for the next few years. This run-up was debt financed with substantial increases in margin debt. Every parabolic move ends with a crash and this one is no different. So get ready.

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Financial Survival Network

Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school’s library. After graduating from The New York Law School, he became an attorney and life long serial entrepreneur. His diverse career has included: running a legal printing company, practicing commercial law and litigation and founding a successful distressed asset investment company.