Chris Vermeulen, the Gold and Oil Guy, joined us for a look at major markets. He says we’ll know very shortly whether we’re in a bear market. A couple more trading sessions should point the way. Gold is looking pretty good, but it’s not going to be straight up for it like in the past. Volatility is the key. Oil is heading down perhaps as low as $40 per barrel. Natgas looks like it has peaked, but beware of rough weather ahead. Finally, he sees a light at the end of the Bitcoin tunnel. It could be bottoming out and getting ready for another advance.
Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.