Fund Manager: Economic Train Wreck Ahead

Fund Manager David Kranzler tells us the economy is headed for collapse.

Kranzler sees red flags signaling a stock market crash. Bullish sentiment of investors is extremely high. Margin debt is historically high. Short interest is historically low.

Also, Kranzler explains why subprime auto loans are headed for collapse. Because the lending standards are so lenient, Kranzler argues the portion of auto loans that are subprime is greater than officially reported.

Kranzler explains the talk in the mainstream about how great the economy is is propaganda.

As for the precious metal markets, gold and silver have risen for a month, and Kranzler says we are headed for a small pullback. Gold may fall as low as $1280, he says.

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DISCLAIMER: The financial and political opinions expressed in this video are not necessarily of “Finance and Liberty” or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.
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