Thursday, January 9, 2014

Stocks could plunge 50% in the next year or two

Seems other commentators aren't too sure about the overvaluation of stocks (shares). Also the mention about reaching levels similar to before the 1929 crash is interesting. Note the graph below for a correlation between 1929 and now.

See video here



Is this time different?

Gold in New Zealand dollars: $1477.01 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)
Low since previous high: $1532.30 (28 June, 2013)

Silver in New Zealand dollars: $23.50 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
Low since previous high: $23.51 (28 June, 2013)
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