bullmarketthinking.com / By Tekoa Da Silva / January 9, 2014
I had the chance recently to reconnect with Peter Grandich, Senior Market Commentator with Money Talks. It was a powerful conversation as Peter just issued a new bearish call on U.S. equities markets, which is the fourth time in his career of having done so.
Peter is known for having donned his “bear-suit” in 1987 right before the largest stock market crash in Wall Street history, as well as in 2007, only months before the 2008 financial crisis.
Now, according to Peter, financial conditions have warranted a return of the “bear-suit,” led by two primary factors—both of which are long-term positive for gold.