Don’t worry ! The corrupt bankers will save the market ! evil rule’s !

Im curious what your guests think of today’s plunge?

Good call on silver, Rick. I agree that August is going to be weak. Got to end the complacency and get more people loaded up on the short side to re-energize this market. I suspect the declines will play out all through the month of August and into September. We will again see the market in ascent closer to the termination of QE which will baffle all those who think stocks are doomed once interventions are lifted. Many will be piling in with short bets thinking a crash must be the only outcome after a lengthy period of summer declines. That whole confirmation bias thingy will kick them square in the pants when stocks rise instead of fall. I feel pretty good about this prediction actually and have little doubt the Fed will escape QE without a taper tantrum as markets will be fully recoiled and ready to launch higher again in the fall. So it is short season here for the interim…..lets just be ready for the predictable snap back.

where is AVI? when is he on next?