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“Confidence Is Lost”: Fred Hickey Says “Bear Market Will Last Until QE4”
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / by Christoph Gisiger via Finanz Und Wirtschaft on 02/10/2016 16:30
Fred Hickey, editor of the widely read investment newsletter «The High-Tech Strategist», warns of more trouble to come for stocks and spots bright investment opportunities in the gold sector.
Around the globe financial markets are in turmoil. For Fred Hickey that doesn’t come as a surprise. The outspoken editor of the investment newsletter “The High-Tech Strategist” predicted towards the end of 2014 that the US stock market would fall when the Fed stops its stimulus program QE3. Since January, especially equities in the Nasdaq Composite index are getting clubbed. For the contrarian investor with a longtime experience in the IT industry this fits the classical behavior of a bear market. Mr. Hickey warns that stocks will fall further and recommends to buy gold and shares of gold miners.
Mr. Hickey, the bumpy ride on the stock markets continues. How dangerous is the situation?
The post “Confidence Is Lost”: Fred Hickey Says “Bear Market Will Last Until QE4” appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/10/confidence-is-lost-fred-hickey-says-bear-market-will-last-until-qe4/
