Those corrections are expected after the bubbles we created in Gold, Stocks, and housing.
We have created bubbles when we are in:
1) Global Recession.
2) Global Sequesters.
3) Worldwide inflation on monthly basis.
4) Massive debts in all countries worldwide.
5) Very high unemployment rate that never reached before.
6) Not enough job creation.
7) Bank run in Europe.
8) The earth resources cannot handle 7 billion people.
9) The expected "World War 3" which could be started by North Korea/Iran.