Fund Manager David Kranzler tells Silver Doctors the economy is headed for collapse.
Kranzler sees a major red flag in the stock market. Bullish sentiment of investors is extremely high. Historically, this signals a market top. Also, he explains why sub-prime auto loans are headed for collapse.
As for the precious metal markets, gold and silver have risen for a month, and Kranzler says we are headed for a small pullback. Gold may fall as low as $1280, he says.
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.