“We are in the very early stages of a major turning point for both gold, silver and the stock markets. The move in gold and silver will be quite dramatic to the upside. I expect new all-time highs by the first quarter of next year. At the same time, we will be witnessing a collapsing stock market.
This collapse that I am expecting in stocks will be quite dramatic, and the depth of the decline will frighten most markets participants because they will not expect such a severe collapse. This will be a repeat of the past to some degree, and this final decline will take stocks back to a main trendline that goes all the way back to 1982.
But this is not going to be the end of the world. When this decline is over, we are going to see another major bullish phase in the stock market averages which will last for many years…”