Fred Hickey Just Warned The Mania In Stocks Will Usher In A Collapse
Fred Hickey Just Warned The Mania In Stocks Will Usher In A Collapse from King World News
As we kickoff the back half of trading in the month of July, Fred Hickey just weighed in on the mania in stocks and what’s next for gold.
Fred Hickey On The Mania In Stocks
July 16 (King World News) – Two extremely important notes Fred Hickey at the High Tech Strategist: “Just as in 2000, a relatively small number of tech stocks provide all the gains,forcing managers running OPM (Other People’s Money) to pile in – despite valuations – driving them even higher and forcing even more buys until it all collapses.”..
Fred Hickey On Inflation, Gold, US Dollar & The Yuan
Fred Hickey: “CPI rising at fastest pace in 6 years – now up almost 3% year-over-year (2.9%). That’s after hedonic adjustments & other techniques used to keep number down. Bullish for gold in $ terms – whether or not $ rising vs yen or yuan. US$ is simply prettiest horse in glue factory.”