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Analyst Who Called 2008 Collapse Issues Dire Warning…

Buckle up folks, it’s going to be an incredibly bumpy ride if John Hussman is right.

We are used to seeing 20%-30% crashes in the stock market, technically a 20% reduction is simply a normal correction, but when this happens we call it a disaster—a complete meltdown.

Of course, those who were not over-leveraged and did not realize their losses by selling simply wait out the downturn and see their stocks hit new all-time highs 2-3 years later.

But what about a 63% crash? That’s right, John Hussman, a world-class analyst-investor who called both the 2000 and 2008 crashes, believes that the market may be heading for such a catastrophic crash in the near future.

I have to reiterate that this does mean a crash is 100% impending, only that Hussman has called these things correctly before—maybe more attention should be paid here.

Earlier this year, Hussman told investors via his newsletter: “The bulk of recession-associated bear markets in the stock market occurred AFTER the Fed pivoted away from further rate hikes.”

Peter Schiff issued his own warning: “In 1987 the yield on 10-year Treasuries rose from 7% to just over 10% by Oct. At first the stock market ignored the rise, with the Dow soaring over 30% by Aug. But then it collapsed by over 30%, including the 22.6% crash on Oct 19th. The current rate rise is a much greater risk.”

Business Insider had more on the story:

Hussman is not kidding when he warns of steep and abrupt losses.

He said the S&P 500 would have to drop 63% to return to valuation levels historically associated with 10% annual returns, or to levels that would deliver returns 2% higher than those on 10-year Treasury bills.

When stocks have been this overvalued in the past, they’ve typically returned to more sustainable levels, shown in the chart below.

World-renowned investor and analyst Michael A. Gayed likewise concurred:

“I believe conditions now favor an imminent stock market crash in the next two weeks, likely next. I have been consistent in my reasoning and time frame all throughout. And this time, Treasuries counter. You are about to see the real flight-to-safety. I will not relent.”

Zero Hedge provided this statement from Hussman:

The present combination of historically rich valuations, unfavorable internals, and extreme overextension places our market return/risk estimates – near-term, intermediate, full-cycle, and even 10-12 year, at the most negative extremes we define.

Yes, this is a bubble in my view. Yes, I believe it will end in tears.”

All I can say is…..Got Gold?

Bob Kudla: “We’re Seeing Massive Spikes In Gold Dark Pools!”

I keep warning you about the U.S. Dollar and keep telling you it might be time to follow the Big Boys (central banks, bankers) and buy Gold!

That’s not just my opinion though….

I’ve warned you….

Bo Polny has warned you…

Heck even the Central Banks have warned you (watch what they DO, not what they SAY):

https://wltreport.com/2023/10/03/singapore-central-bank-cant-stop-buying-gold/

But now I want to show you a new clip from Bob Kudla.

You might recognize him if you watch SGT Report.

He’s one of my favorite guests over there.

Super smart and always very level headed.

Here’s a short bio:

 

Bob Kudla is the founder and chief strategist of Trade Genius Academy, a platform dedicated to educating individuals on the intricacies of trading in both cryptocurrency and stock markets. With a keen understanding of market trends and a passion for financial education, Bob has been instrumental in guiding thousands of students towards achieving their trading goals. His insights into market movements, coupled with a pragmatic approach to trading, have made Trade Genius Academy a go-to resource for many aspiring and seasoned traders. In addition to his educational endeavors, Bob is a frequent speaker at trading seminars and has contributed to various financial publications, sharing his expertise and predictions on market directions.

He was on SGT Report this week and one question especially caught my attention….

After discussing the stock market and crypto markets, Sean asks Bob:  “Where are you personally putting your money right now?”

I thought it was such a good question and I wanted to share the answer with you.

Watch here:

And if you want to see that entire interview, you can watch it here:

So there you go!

Folks, I’m not a financial advisor and I can’t tell you what to do with your money…

I can only tell you what I’m doing and I can report on what the experts are saying.

And you just got one more expert who said “Gold and Silver”.

Probably not unsurprising considering Gold has recently been reclassified as a Tier 1 “Risk Free” asset.

Have you seen that?

Gold Now Classified As A “TIER 1 RISK FREE” Asset — Here’s Why That’s A Big Deal!

It shouldn't come as any surprise then that Gold is selling out "within hours" of being stocked at Costco...

By the way, keep reading and I can get you connected with someone who has MUCH BETTER prices than Costco for gold and silver...

From Breitbart:

Costco is apparently selling gold bars that consumers are snapping up at a record pace.

On Wednesday, CNBC described the gold bars as one-ounce gold PAMP Suisse Lady Fortuna Veriscan bars. They were reportedly being sold for approximately $1,900, the outlet said.

Costco’s chief financial officer, Richard Galanti, said Tuesday during the company’s quarterly earnings call that the bars were selling fast.

“I’ve gotten a couple of calls that people have seen online that we’ve been selling 1 ounce gold bars. Yes, but when we load them on the site, they’re typically gone within a few hours, and we limit two per member,” he commented.

When Breitbart News searched the Costco website Thursday morning, the company had listed the gold bars as a “Member Only Item,” and buyers must sign into their accounts to view the price:

So, what can YOU do to protect yourself?

To protect your family?

To stay safe?

Simple: you need to get some #Gold or #Silver in your own possession.

It's called "physical" gold and silver.

Not paper traded garbage on the stock exchanges that isn't backed by anything.

Don't touch that stuff.

And make sure you get a BETTER PRICE than what you can find at Costco....good news is I can help you with that!

I have two special hook-ups for you.

Both involve PHYSICAL gold and silver.

Because if you do NOTHING else, make sure you own "physical" gold and silver, not paper contracts.

The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they're not actually backed by the gold and silver they claim to represent.

It's a massive game of musical chairs out there and when the music stops (and I think it will stop soon...) people who only own paper might find themselves owning something not worth the paper it's literally written on.

And I know you'll never forget it if I give you this GIF so....Let's Get Physical:

Now...WHERE do you get physical gold and silver and how do you know it's real and safe?

And that you're getting the best price?

Oh, and how about personal one-on-one real customer service?

You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?

That's what I'm about to tell you.  

I have two killer connections for you...

The first is for purchasing gold and silver bullion.

That means bulk bars.

That's the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.

The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you'll know you're in the right place.

You'll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.

How about that!

You don't see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:

No sales pitch, just real, actual help.

And the best prices you will find.

Here's the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back.  Just be patient.

Good things come to those who wait!

You can contact Ira and WLT Precious Metals here.

Ok, that was #1.

Now I want to tell you about option #2.

An equally great company, I am so happy to be working with these guys.

This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).

You know what the beauty of that is?

TAX FREE baby!

I'm not a tax advisor, but that's a general oversimplification.

Never pay more taxes than you are legally required to pay.

And that's why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).

There's so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christina!

They call it "Faith-Driven Stewardship" and they put it right on the homepage of their website along with a quote from Ezekiel:

Wealth Preservation With Gold & Silver –
The Genesis Gold IRA

By your wisdom and your understanding you have made wealth for yourself, and have gathered Gold and Silver into your treasuries – EZEKIEL 28:4

Genesis Gold Group believes the Bible gives clues on how man-made currencies (paper money) represent instability, and a lack of virtue and encourages living wastefully in excess.

Conflicts have beleaguered us since the dawn of civilization, and they can all be encapsulated into one battle. The battle is between currency, man-made paper, and gold and silver — the two precious metals found in our Earth’s crust, sent to us by our Lord to use as money. Man-made currency always leads nations down the path to increased war, greed, and ultimate collapse. History has shown that abandoning gold and silver has always been a bad idea. Gold and Silver enforce discipline, nurture self-constraint, self-reliance, and balance, and lead to confidence, a restrained government, and a more stable foreign policy.

Genesis Gold Group believes in empowering faith-driven stewardship with Gold & Silver are an integral part of a balanced portfolio. Protecting your finances with precious metals has never been more crucial during these trying times.

With a combined 50-plus years in the precious metals industry, let your Genesis gold and silver experts guide you through the simplicity of asset protection and growth with our Genesis Gold IRA.

Sincerely,

Genesis Gold Group

Empowering Faith-Driven Stewardship

Oh....and they're VERY good at what they do.

You also get physical gold and silver with Genesis, believe it or not!  The gold and silver is purchased for you (in whatever combination of coins and bars you prefer, a picture taken and sent to you, and then stored safely in a vault for you!

I love what these guys are doing.

Here's more on why gold and silver in your IRA are so powerful:

You can contact Genesis Gold here.

They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!

Tell 'em Noah sent ya!

Oh, and did you know Genesis is recommended by SUPERMAN himself?

It's true.

Superman himself, Clark Kent -- Dean Cain -- came on my show a few weeks ago and we broke it all down:

Watch here:

Stay safe!

Make sure you can weather the storm when it hits!

Because the storm always hits eventually, doesn't it?

As for me and my house, we will be ready. 💪


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