Come the third quarter of 2015 the stock market is projected to tank by Martin Armstrong. Based on history, resourse shares will be affected.
"The overall tone is the rise in taxation and the confiscation of wealth. This lethal combination is destroying the economy and eliminating job growth for the future. Europe is ahead of the curve. What we may see is their economic decline sends capital in a flight to the USA going into 2015.75, then everything turns down from there and this time the fall should be faster and deeper than what we saw from the 2007.15 high. This is being caused in part by the fact that liquidity has also declined from 2007.15 and remains at about 50% of those levels. Therefore, understanding the timing will be ESSENTIAL to survive this one. You may not be able to get out if you wait for the last minute. Even proprietary trading will not be covered at the banks so we are likely to see even less trading liquidity than before or even currently."
Martin Armstrong
P.S. Betting against Armstrong will put you in the poor house, JMO.
