I expect a crash in the fall of this year.” - David Brady on the future of the stock market (Weekly Wrap-Up - June 29, 2018)

June 29, 2018

This week we are fortunate to be joined by David Brady, CEO and co-founder of the site Global Pro Traders. A featured writer of the Sprott Money Blog, David has managed money for banks and businesses for 25 years. With Eric still on vacation, David steps up to pinch hit in a big way.

Settle in in for an excellent and insightful discussion, where you’ll learn:

• The primary metrics to look at RIGHT NOW

• How changes to the US dollar and Chinese yuan impact the gold price

• What an impending stock market crash means for precious metals 

“To all those Equity bulls out there: the primary reason for the stock market rally since 2009 is Central Bank stimulus. You can look at a chart. It’s not a spurious correlation, it’s obvious. If you take the punch bowl away… the funds don’t have to fall, they just have to stay the same. So, if there isn’t an increasing amount of cash flows into the equity market, the equity market collapses. Like any Ponzi Scheme.”

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