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Markets will certainly see a significant adjustment soon, most likely prior to the governmental election, claimed Clem Chambers of InvestorsHub, that has assigned all his holdings into cash money.
Under such a "flash crash" scenario, most assets have a positive cross-correlation and tend to drop with each other.
" I obtained a caution from the marketplace concerning 10 days ago … so I got rid of the decks since I believe it's extremely most likely, not definitely specific, however too most likely to be out there that we're mosting likely to be in for a crash," Chambers told Kitco Information. "Usually prior to a crash, I experience what I call a market malfunction where my portfolio simply does not behave as it should."
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All markets, even gold, are about to crash says investor in all cash
Markets will see a major correction soon, most likely before the presidential election, said Clem Chambers of InvestorsHub, who has allocated all his holdings into cash.
Under such a “flash crash” scenario, most assets have a positive cross-correlation and tend to fall together.
“I got a warning from the market about ten days ago…so I cleared the decks because I think it’s highly likely, not absolutely certain, but too likely to be in the markets that we’re going to be in for a crash,” Chambers told Kitco News. “Normally before a crash, I experience what I call a market malfunction where my portfolio just doesn’t behave as it should.”
__________________________________________________________________
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