Tuesday saw a broad market selloff as equities tumbled alongside safe have assets like gold.
As of 1:00 pm EST, the S&P 500 fell 1.15%, and gold dropped by 1%.
Speaking to David Lin, anchor for Kitco News, Chris Vermeulen, chief market strategist of , said that a broad market correction is just starting, and safe haven assets are going to fall alongside risk assets.
In particular, uranium stocks are in danger of a “reset” to much lower levels, Vermuelen said.
0:00 – Markets tumble
2:49 – Volatility
8:35 – Gold vs stocks
10:30 – Bitcoin
11:34 – Uranium stocks
Thanks to Luceteria Science for sending the depleted uranium sample:
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37 Comments
All in on ETH
No one believed that I as a beginner would gain this much money from forex and cryptos all thanks to a very good expert
US and USD
The USDollar already lost not only its status as worldwide reserve currency but also its reputation! All the US and it's Dollar has left is their MIC (military industrial complex) with its related military pass aka GreenPass / Certificate of Virtual ID (COVID). Desperately hanging on to power and control (hedgemony) instead of being part of the solution to empower mankind will be the final nail in the USA currency and share market hegemonic coffin. CBDC akak Digital ' green pass"* will replace the USD
I would not keep that DU in your desk, not within 6’
oh, stop it! who cares if the stock market crashes? it has nothing to do with the real economy anymore.
Buy gold now, no where to run, except buy gold for inflation and stocks' crashes
11
Brace yourself for the impact.
Please replace the Chinese mole.
As I've always said, Chris and his " "team if researchers " are the ultimate contrarian indicators. No sooner did this interview come out did the precious metals market reverse and turn to the upside. Tough break again Chris and "team"
I must be doing something right. After hearing all this fear mongering and doom and gloom, my commodity positions have been going to the moon! I've been seeing ~$2000 gains in a day! CCJ, URA and URNM scored big, so I took those gains and got out. I sort of regretted it the next day, because I missed out on another two grand. No problem, I'll get back in at the next dip.
Lol market finished the week on a ath so you were er wrong !
Looking forward to Arizona Bay
I love these so called experts. They were all screaming but gold and silver and now both are falling. Then they talk in circles and use terminology that is comical. I get more out listening to old videos of Norm Crosby.
It's far too easy for investors to lose perspective. whenever something big goes wrong, a lot of people panic and hold on to money that should be working for them. Looking at history, the markets recovered from corona virus, 2008 crisis, the dotcom crash, even the Great Depression. So they'll probably get through whatever comes next as well.
Everyone is selling? Cool. Then I’m buying the ride down
Planed virus…tanks markets …Derrrr
buy yourself some crypto and take your seatbelt on for a wild ride…
Excellent interviewer
3 days later all markets are doing higher highs again. You guys need to zoom out a little bit
May 8
Dow…34,777
The Fed interest rate moves more than this interviewer's facial expression
WOLF.. WOLF… WOLF…
money is moving into crypto.
Is that a btc chart on his right monitor showing its going to tank?
LOl panic buying more like as we close week at all time highs
Do those gurus really understand the markets?
Three days later (May 7th) and where is the panic? We see new highs.
How much does it take to keep markets going up or to prevent any crash?
A little silent collusion: fund managers sell to each other to pretend there is enough volume and uphold the prices, they have enough cash to scoop any supply of extra shares if needed, FED will do whatever it takes to prevent any major crash….so it may never happen or at least not soon enough for shortsellers, who are likely already extinct 🙂
There is too much to lose for everbody if things go out of control so they will do everything in their power to keep 'markets in coma' alive 🙂
Buy the dips. The market won't tank until the Fed wants it to.
Several uranium stocks are at or nearly at five-year highs, right now. If you're buying low and selling high, well, it's high.
You have so many experts who predict things that never actually happen in any reasonable timeframe. You really have to question these experts’ knowledge and understanding of financial markets.
J avoue que ses analyses chartiste sur le gold son super !!
Merci!
Man this guys is always wrong. Markets were up wed and thu … and prob Friday
Sell into the rallies. Keep your powder dry. Be quick and nimble. Don't try to predict the bottom, use dollar cost averaging instead.
Day 3 no correction and gold is up past $1,800 double miss for the guest for now!
Sell at the high
Run to Ethereum and Doge.
Stock market completely manipulated and not free market related at all. Biggest casino ponzi ever…!