With the markets in whiplash mode, Joe McAlinden, founder of McAlinden Research Partners and former chief global strategist with Morgan Stanley Investment Management, believes volatility is going to stick around for a while, and we might see a correction double of what we've had so far.
Uranium's price has been low and stagnant for years, but that's going to change, says Rob Chang of Cantor Fitzgerald Canada. Chang foresees volatility as the 2020 uranium deficit draws closer and demand for the limited stockpile drives the price up.
In 2011, the herd mentality pushed silver and gold to record values. The opposite tactic should now be liquidating large cap equities, real estate and the U.S. dollar and building positions in junior resource stocks that are extremely high quality and compelling takeout targets.