All markets tumble as fear rises; ‘significant collapse’ is underway – Chris Vermeulen

Tuesday saw a broad market selloff as equities tumbled alongside safe have assets like gold.
As of 1:00 pm EST, the S&P 500 fell 1.15%, and gold dropped by 1%.

Speaking to David Lin, anchor for Kitco News, Chris Vermeulen, chief market strategist of said that a broad market correction is just starting, and safe haven assets are going to fall alongside risk assets.

In particular, uranium stocks are in danger of a “reset” to much lower levels, Vermuelen said.

0:00 – Markets tumble
2:49 – Volatility
8:35 – Gold vs stocks
10:30 – Bitcoin
11:34 – Uranium stocks

Thanks to Luceteria Science for sending the depleted uranium sample:
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