The Next Financial Crisis May Already Be Unfolding

Money Metals Exchange - Is an epic financial meltdown about to commence? Predictions that a crash will occur in the fall of 2015 have been gaining traction. They are bolstered by some of the market events of this summer, which suggest that something big is indeed unfolding.

In August, the Chinese devalued the yuan, setting off volatility in currency, commodity, and equity markets worldwide. The U.S. stock market suffered its worst slide in four years, with the Dow Jones Industrial Average falling through major support levels. Crude oil prices careened below $40 per barrel.

Holding strong amidst the carnage was gold. The yellow metal may now be re-emerging as the premier safe-haven asset.

In times of financial crisis, gold tends to benefit - or at least hold up better than most other assets. Gold is the pessimist's best friend.

The question before investors now is whether the pessimists will be right. Will the doom-and-gloom scenarios that some prominent market gurus have been forecasting play out? It's worth considering their arguments, keeping in mind that nobody knows the future and that market forecasts are, at best, educated guesses.

Is the Stock Market Teetering toward a "Devastating Crash"?

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