Monday, August 25, 2008

Tice: Another 5-Year Bear Markets

video

Points made by David Tice in the above video:

  • Another 5 years of bear markets.
  • Credit bubble. Real estate bubble. Structured finance broke down.
  • The Dow to fall 50, 60, 70% in 18 months.
  • Technology the next big shoe to drop.
  • Long precious metals (Gold + Silver).
  • The USD to decline dramatically.
  • Present correction in precious metals ought to be bought.
  • Commercial real estate is going to free fall.

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