Liberty and Finance, Released on 2/10/23
Corporate earnings of many major retailers are dropping off a cliff, says Dave Kranzler of Investment Research Dynamics. Consumers are racking up credit card debt. And the housing market is rolling over in many areas. We’re heading towards a crash in real estate and stocks, he says. He discusses ways to hedge against the crisis. Compared to the M2 money supply and stock market, precious metals look undervalued he says.
0:00 Intro
1:30 Economy
9:12 Housing market
19:51 Stock market
23:32 M2 vs gold ratio
27:17 Gold update
33:15 Miles Franklin
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.