Original von Eldorado
The warning signs are there
I could list another 3 or 4 times the examples - as above - of why I am sure that we are at the peak of the world financial/stock bubbles. In particular, any weakening of the US/China industrial / trade economy will lead to rapid unwinding of stock and commodity markets, because speculative froth will flee, among other things.
My subscribers have been following these trends for months. They are major reasons why I have stated that commodities are going to be at risk of big falls, and that gold will be associated.
Stocks in general will be hit badly if a crash happens and is not contained. There are always risks of some major geopolitical event that can spike gold, in particular, but overall, the macro environment is clearly looking to peak in commodity and financial markets - probably this year.
It is my belief that the world is going to see major stock sell offs this year. The latest drops in February, and China's stock weakness, are only the first stages. As I said, there are many reasons - not just looks at the stock indexes.
http://www.321gold.com/editorials/laird/laird060707.html