May 9, 2017
With the VIX making new lows daily, fear in the stock market is reaching all time lows. The last time this happened was in 2006 and we all know what happened after that. The market went up for a number of months after the VIX hit its low but then crashed and lost 50 percent of its value. Ned thinks this is a Black Swan event in the making. People are getting way over the top in their optimism about the market. The good news is gold and silver will soar once the market goes through its crash. Don't worry about the daily moves in gold and silver. Sanity will soon be restored.