Thanks goes out to Larry for sending us this article. Greg Hunter over at USA Watchdog had an insightful interview with Gregory Mannarino on the state of the conventional markets. Gregory was bullish on the stocks a few weeks ago but since has done a complete 180. His reasoning… “What the Fed was doing was driving cash from the emerging markets into the U.S. equity market and driving cash into the U.S. bond market, and it worked . . . This is played out now . . . and I told everyone that this would not last. . . . We are right now on the precipice of a correction phase, and it could be severe. . . . The market is moving further and further away from the fundamentals that support it. This cannot go on. We’ve already had no less than six bad rounds of economic news over the past two weeks.”
