Chris Vermeulen - Stocks Topping, Dollar Up, Gold Getting Closer #4352
Chris Vermeulen joined us today. He believes that the stock market is topping out, if it hasn't already. This will lead to increased volatility and a move back to safe haven assets, i.e. gold. He believes that oil will break down briefly into the 50's and then come roaring back shortly thereafter. The bigger and faster the decline, the fast the bounce back. Interest rates are headed lower.