Only needs to triple, in fact a little less than triple. Fed won't raise rates before 2020 at the soonest. Senior citizens, get in the market or get a nice spot under a bridge because your retirement is collateral damage.
You won't see 15% until SPY at least 300. Tomorrow we make a run at 202 again, 225 by Christmas 300 in 24 months. Literally the greatest market of all time. How could anyone be shorting this?!
bond bubble is epic as well. You would have to be insane to buy bonds here. Insane in the membrane!
I just don't see the case for gold. I could see gold at $400.
At least Schiff has his newsletter revenues, Hussman is near breaking point and another 5,000 points on the Dow may be too much for him to take.
He likes to say he recommended gold at 400. Well that may be, but his followers mostly got in near the highs. And anyway, gold is going back to 400 soon enough.
One dropped about 10% and one about 15%. Bullard won't let that happen again however.