Ron Paul weighed in on a looming stock market crash today:
"There's a lot of instability still out there, and this hasn't been corrected yet. I don't think it's going to correct easily, I don't think it's going to be just a correction."
Paul added, eventually investors will "lose confidence" in the Fed, and when they do, the market could witness a "very big crash."
Oh, wait, that was in 2015. I meant this one:
"The growth isn't there. The only thing that grows is the debt, and just think about how much money they have to create value in the stock market,"
"The market has to correct, and who's going to call it a crash until it happens? We're in for a major correction, I think. I think we're very, very vulnerable,"
Oh, shoot, that was in 2014. Let me get this straight.. What he's saying now in 2017 is:
Speaking to CNBC last week, the former GOP presidential contender argued the economy is not as strong as Wall Street consensus believes, and the situation could turn ugly as soon as October.
"If our markets are down 25 percent and gold is up 50 percent it wouldn't be a total shock to me"
Damn, he's making these market predictions every year at the end of June! What is this? A perma-bear day?!
Edit: formatting
Submitted July 04, 2017 at 03:55AM by stenlis http://ift.tt/2sHA2Ud
