It is easy to call a top too early and look a damn fool. Nevertheless, stock markets are wildly overvalued by any measure and it is time to take advantage of the prices.
The economies of the world are precariously poised. The central bankers who brought about this situation are now trying to put off the inevitable results of their actions. To this point, in the area of stocks, they have been successful. It cannot last.
No one can say precisely when markets will crash, but crash they will. Better twelve months too early than one day too late.
Now is not the time for greed; now is the time for prescience and prudence.
A few stocks will likely recover rather quickly; Gold and silver plays could be worth hanging on to. Most stocks won’t recover for generations; if ever.
Get rid of debt.
Trade fiat for Gold.
It is going to be very bad.