VRIC Media, Released on 9/4/24

Gareth Soloway discusses the growing concerns over a potential market correction, drawing parallels to the 2007 financial crisis. He highlights the increasing influence of institutional investors, who are returning to the market post-Labor Day, potentially leading to a sell-off as they react to economic signals such as the inverted yield curve and slowing jobs growth. Soloway emphasizes the importance of safe-haven assets like gold, predicting a rise to $2,660 by early 2025, despite a possible short-term pullback. He also addresses the broader economic landscape, including the impact of Federal Reserve rate cuts, the risk of future inflation, and the challenges facing global markets, particularly in China. Soloway concludes by suggesting that while retail investors may continue to buy the dip, they might not be fully prepared for a prolonged downturn, urging caution and strategic investment.

Gareth Soloway is a professional trader with over 20 years of experience and the President, CEO, & Chief Market Strategist for InTheMoneyStocks and President of VerifiedInvesting.com

  Gareth Soloway, gold, investing, market correction, market crash, stock market