The stock market is bouncing, but not based on fundamental strength of the economy. The current volatility in the stock market is a sign of instability. Markets have further to fall, he says, so be wary of talk about a strong market.
Precious metals are on the rise, and Kranzler is hoping this trend continues. In his opinion, there’s a good probability of an extended bull move that began in late 2008. He believes the mining stocks will lead the way and outperform.