Panic?
No way.
The only thing that pisses me off about losing all the epicfaileconomy posts is that I was on the record like 12 separate times telling you to buy stocks, or buy the dip, or buy the f--king dip.
That wasn't an easy call then, it's actually easier now...
This is the most managed tape I've ever seen, you get about a 5% correction then you need to start thinking about getting long again.
The US Dollar is going way, way lower, and that is something that still so many people are not getting.
Gold is great here. The margin hikes on Silver knocking it down 20% are a f--king gift. Buy as much Silver and as much Gold as you can.
If you can't stomach the corrections, stomach it.
You do not want US Dollars until we start selling assets like the Grand Canyon.
The dip. Buy it.
Here's a great pairs trade if you fear the crash: Long AAPL, short LNKD.
Here's another when available: Long Twitter, short Facebook.
Buy the silver miners here: First Majestic: AG.
Buy gold bullion, hold it forever.