https://sdbullion.com
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The stock market sold off after being extremely overvalued, says Fund Manager David Kranzler, but is still overvalued.
The stock market is bouncing, but not based on fundamental strength of the economy. The current volatility in the stock market is a sign of instability. Markets have further to fall, he says, so be wary of talk about a strong market.
Precious metals are on the rise, and Kranzler is hoping this trend to continue. In his opinion, there’s a good probability of an extended bull move that began in late 2008. He believes the minings stocks will lead the way and outperform.
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