1) China bubble - here. In my view - the analyst is spot on - there is a massive bubble in Chinese economy. So large, when it goes, the entire global growth will be derailed. We are, in effect, now treading to closely to the 1932-1934 period of the Great Depression, when the markets forgot fear for a sustained Bear rally before rediscovering that risk mispriced is a disaster waiting to happen.
2) Gold - here. Great chart on 89% loss line.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDJ_4oF-CuhDHj9STx7IfFrfUQLCn1FbGc4lijojqJ8T_tw2MYlkXdZrOVLkOGfclhrGAqB4tTle2Eqg2ZLE9LAjea8AxFvsLQo52bzjza-ZYjj3GfZNqL31o8xViEp7w3xqUQiyV5mw7J/s280/Picture+2.png)
Prepare for some fun. Take a look at VIX:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyki7qSCIG0Jn0GoRmVAfzRHi2MSZP-IW54AcG5JeYBatbgeeCa_h7XCGvnB7Zzzr8iTzTJDFx8WhqFWtVhYrAieQenOMFGpKNfCk4vBVG0PCAumdCUo0ofnjrCNUEmbNInpXsXT5gcVPk/s280/Picture+1.png)
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