Liberty and Finance, Released on 1/30/22
Dave Collum studies numerous metrics that are signaling the stock market is extremely overvalued. His calculations suggest the stock market could be cut in half. He shares his forecast on precious metals and how to prepare for a major bear market in stocks.
Find Dave online: https://twitter.com/DavidBCollum
0:00 Intro
1:16 GDP 7%
4:19 Stock correction
14:51 Hold cash?
19:04 Cyber attack?
21:12 Authoritarianism
David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and Chemical Biology at Cornell University. He holds a PhD, Columbia University, MS, Columbia University, MA, Columbia University and BS, Cornell University.
Dave Collum: 65% Stock Correction Ahead added by Herman James on
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Mr. Collum is brilliant on a variety of subjects. The blink of hope I see, as a counter to authoritarianism, is the recent trucker and citizen protest against Government overreach, authoritarianism and mandates. Looks like the US and the rest of the world may join the protest. The truckers, with the support of the citizenry, could solve this problem although the pain may be immense. Probably other way than immense pain for all. Either way tough times ahead.
Doug Casey just posted his thoughts on this subject today: https://marketsanity.com/doug-casey-canadas-freedom-convoy/